Digital Currency ( incl Blockchain, Hashgraph etc )

Re: Digital Currency ( incl Blockchain, Hashgraph etc )

Postby winston » Fri Oct 25, 2019 9:54 am

Alipay, Tencent face their biggest rival yet in Chinese central bank

China’s $27 trillion payments industry.

Forecasts that the PBOC could take as much as a third of the payments business.

Mobile payments for consumption represent 16% of gross domestic product in China, compared with less than 1% in the U.S. and U.K. where credit cards are more popular.

Even though they are inherently loss making — free to the user but incurring fees from banks — payment services are a key way to keep nearly a billion people using the apps and available to buy other finance services.

Alipay and WeChat Pay each have more than 900 million active users in the country.


Source: Deal Street Aisa

Read more at: https://www.dealstreetasia.com/stories/ ... 69cc61b4c8
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Re: Digital Currency ( incl Blockchain, Hashgraph etc )

Postby behappyalways » Tue Nov 26, 2019 5:49 pm

Bitcoin sinks to lowest level since May, falling $3,000 in a month as China accelerates crackdown
https://www.cnbc.com/2019/11/25/bitcoin ... kdown.html
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Re: Digital Currency ( incl Blockchain, Hashgraph etc )

Postby behappyalways » Fri Mar 13, 2020 12:48 pm

Bitcoin plunges 26%, its sharpest selloff in 7 years
https://www.marketwatch.com/story/bitco ... 2020-03-12
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Re: Digital Currency ( incl Blockchain, Hashgraph etc )

Postby winston » Thu Nov 26, 2020 7:26 am

What will China’s central bank digital currency mean for Alipay and WeChat Pay?

As Alipay’s operator Ant Group prepares to list in Hong Kong and Shanghai, we look at the potential risk to its payments platform posed by China’s embryonic sovereign digital currency

Alipay’s patents show it is preparing to work with a central bank digital currency

by Alison Tudor-Ackroyd

Source: SCMP

https://www.scmp.com/business/banking-f ... ean-alipay
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Re: Digital Currency ( incl Blockchain, Hashgraph etc )

Postby behappyalways » Thu Dec 31, 2020 12:50 pm

Why Investors Are Piling Into Bitcoin Despite the Risks | WSJ
https://m.youtube.com/watch?v=HhOuvNDMlI0
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Re: Digital Currency ( incl Blockchain, Hashgraph etc )

Postby behappyalways » Fri Jan 29, 2021 12:38 pm

Reddit frenzy pumps up Dogecoin, a cryptocurrency started as a joke, by over 800%
https://www.cnbc.com/2021/01/29/dogecoi ... it-up.html
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Re: Digital Currency ( incl Blockchain, Hashgraph etc )

Postby winston » Wed Feb 10, 2021 1:43 pm

Ark's Cathie Wood explains how bitcoin could increase by $400,000

by Jen Rogers

“We have been expecting institutions to start moving into Bitcoin and other crypto assets, but primarily bitcoin".

According to Ark’s Big Ideas for 2021, if all S&P 500 companies were to allocate 1% of their cash to bitcoin, its price could increase by approximately $40,000.

If those companies moved 10% of their cash to bitcoin, Ark sees the cryptocurrency climbing by $400,000.

“Bitcoin is only [at] roughly a $600 billion market cap,” Wood says. “So even half the size of Apple or Amazon, right now. Doesn't that put it into perspective? And yet, it is a very big idea, I think. A much bigger idea than Apple or Amazon.”


Source: Yahoo Finance

https://finance.yahoo.com/news/ark-cath ... 53537.html
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Re: Digital Currency ( incl Blockchain, Hashgraph etc )

Postby winston » Mon Feb 15, 2021 8:54 am

3 Big Ways Bitcoin is Actually Useful

by Eric Wade

First, bitcoin is a store of value.

Second, bitcoin is also by far the most common unit to trade with on most of the crypto exchanges.

Finally, you can’t interact with the bitcoin blockchain without it.

The best is yet to come. I believe the next generation will build things we haven’t even imagined yet with blockchain, bitcoin, and other crypto tokens.


Source: DailyWealth.com

https://dailytradealert.com/2021/02/14/ ... ly-useful/
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Re: Digital Currency ( incl Blockchain, Hashgraph etc )

Postby winston » Wed Feb 24, 2021 8:40 am

These Countries Have the Strongest Bitcoin Restrictions

by ANUZ THAPA

Bitcoin has been dominating the headlines these days because of its price fluctuation.

This virtual currency, which came into existence in 2008, has been welcomed by many countries including the U.S., Canada, and others. However, several major nations are still more than skeptical.

India, the country which has the world's fifth-largest economy, has actually proposed a bill in Parliament to ban private cryptocurrencies like bitcoin and create its own digital currency.

In the U.S., billionaires like Elon Musk are all-in for cryptocurrency with Tesla investing $1.5 billion in bitcoin, Indian billionaires, however, are urging the government to ban cryptocurrency.

While speaking to CNBC, Indian billionaire Rakesh Jhunjhunwala, who is also considered as India's Warren Buffet, said that he would never buy bitcoin.

“I think regulators should step in and ban bitcoin,” he said. “And they should focus on the digital rupee.”

Well, China, which has the world's second-largest economy, is also not a fan of bitcoin. Although the country bans bitcoin trading, it has started testing its own digital currency.

Vladimir Putin's country, Russia, doesn't allow bitcoin as a mode of payment. The country has even banned its public officials from owning any cryptocurrency.

Source: The Street, Inc.

https://www.thestreet.com/video/bitcoin ... strictions
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Re: Digital Currency ( incl Blockchain, Hashgraph etc )

Postby behappyalways » Thu Feb 25, 2021 4:11 pm

"比特幣"一路狂飆走勢短短一個月就賺十億美元! 因比特幣價格過高引各國輪番示警...|主播 王志郁|【大世界新聞】20210224|三立iNEWS
https://m.youtube.com/watch?v=DWXS4juFTfY
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