Say hello to the Flowing Hair Dollar. Modeled after the Spanish Dollar, it was the first dollar coin minted by the United States federal government. The coin’s inception dates back to 1791 when then US Secretary of Treasury, Alexander Hamilton, called for the production of a national coin. Answering this call, Congress passed the Coinage Act… View Article
Archives for December 7, 2017
Investor Mark Yusko has held steadfast to the notion that Bitcoin’s price will shoot to $400,000 in the future. The founder and CEO of the North Carolina-based Morgan Creek Capital Management firm states that the cryptocurrency has the potential of gaining value, thanks to its technical infrastructure and other factors that are already inclined in… View Article
Credit investors aren’t too worried about the economic cycle or corporate fundamentals, but they are worried about a potential boom in borrowing to do “transformative” deals. Continue reading: 2018 could be a banner year for US M&A — and bond investors are nervous
Most people in Bitcoin are familiar with Andreas Antonopoulos. He is a great speaker at events, successful author, and doesn’t get involved in Bitcoin politics. However, one thing most people don’t know is how he isn’t a Bitcoin millionaire. That is slowly starting to change, thanks to a new donation campaign by the Bitcoin community.
A lot of people are surprised Andreas Antonopoulos hasn’t made millions off Bitcoin. Most people who got involved during the early days – and are still around – make a good amount of money. At the same time, some of us have to work for our money – paid in Bitcoin -and use that money to cover bills and expenses. In the case of Andreas, that is exactly what happened over the years. Bills need to get paid and Bitcoin has been valued pretty low for most of the past nine years.
Andreas Antonopoulos Receives Overwhelming Support
Roger Ver recently “called out” Andreas Antonopoulos over this development. As is usually the case, such debates spark an immediate reaction among the Bitcoin community. Because of this development, some people started donating healthy amounts of BTC to Andreas. That is only normal, as the Bitcoin community is often very helpful in these regards. The global availability of Bitcoin makes it easier to send money around the world as well.
I’m not a bitcoin millionnaire. I was working for free, instead of investing, for the first 2 years. Only recently got out of debt.
My supporters on Patreon, many at $5/month, make it possible for me to work with independence.
— Andreas M. Antonopoulos (@aantonop) November 30, 2017
Big was everyone’s surprise when someone donated 37.046 Bitcoin to Andreas Antonopoulos. This is just one donation and not the culmination of many different transactions. At the time of writing, this donation is valued at over $553,000. That is quite a steep donation, although it is a well-deserved one as well. It is important to note Andreas may not keep this money all to himself either. It is possible he may donate some of the funds to a charitable goal, although nothing has been officially confirmed at this point. His intent was never to get rich off Bitcoin in the first place.
All of this goes to show people genuinely appreciate Andreas Antonopoulos. It is commendable to see people show their support for his services throughout the year. Even though he never asked for any donations, people take it upon themselves to make good things happen. This is the power of Bitcoin as most of us have envisioned it for some years now. After all, it is important to keep track of what Bitcoin was designed to be in the first place.
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The world’s most profitable exchange is switching over to blockchain technology.
The post World First: Blockchain Will Power Australia’s Biggest Stock Exchange appeared first on CryptoCoinsNews.
The popular online gaming platform Steam is dropping its bitcoin payments option more than a year after it first began accepting the cryptocurrency.
The post (+) IOTA Plunges 20% in Broad Correction, but Outlook Remains Bright appeared first on CryptoCoinsNews.
December 7, 2017; Kraków, Poland — WorkHQ, a China-based inventory management software signed a 5-year contract today with RepuX, an Ethereum-backed platform and protocol for small and medium enterprises (SMEs) to earn rewards for sharing data. The agreement will give SME’s using WorkHQs software to manage sales and purchase orders across Amazon, Taobao, and Tmall the option of earning rewards for selling encrypted data on the RepuX platform.
RepuX brings value back to businesses by providing a secure platform for data to be sold to interested parties. It is costly and time consuming to maintain large data sets and, until recently, there has not been an easy way for businesses to monetize and repurpose their data despite interest from developers looking to build applications with AI and machine learning capabilities.
Justifiably, many businesses have expressed concerns from a security perspective about sharing proprietary information. RepuX addresses need for incentive and concerns about security with its blockchain-backed platform that encrypts all data and rewards businesses in cryptocurrency for sharing data with developers and other interested parties.
The distributed aspect of the blockchain-backed network enables RepuX to meet developers main consideration — the quality of data — by enabling data purchasers to rate the quality with reputation scores. Developers can trust the validity of data that has been vetted by the network because its value is not being determined by a single, centralized entity, but by peers.
WorkHQ is incorporating RepuX’s technology into applications used by SMEs to provide clients with a means to sell their data in return for RepuX tokens. The RepuX token sale will be launching in February of 2018.
For media inquiries, or to schedule an interview, please contact Nikki Brown at Melrose PR; nikki(at)melrosepr(dot)com or call (310) 260-7901.
WorkHQ is a cloud based inventory management software that allows SMEs to manage their sales orders and purchase orders in real time offline and onlineacross Amazon , Tmall, Taobao and JD . WorkHQ eliminates the need for use of Excel spreadsheet for inventory management and increases business efficiency.
RepuX is a blockchain-backed protocol and platform for SMEs to earn rewards for sharing data on a secure, decentralized network. The RepuX platform encrypts data and maintains quality through reputation scores determined by purchasers. Industries that stand to benefit from the RepuX-enabled system of data exchange and rewards include ecommerce, healthcare, accounting, micro lending, and advertising, among others.
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