International Trade Secretary Calls UK Enterprises “Fat and Lazy”
As the country continue to struggle, consumers and enterprises will turn towards alternative finance. Other than crowdfunding and peer-to-peer lending, cryptocurrency is gaining traction in that segment. If there were ever a chance of Bitcoin having the opportunity to gain traction in the UK, now would be that time. A trade minister who voted in favor of the Brexit says local business are ‘lazy and fat”. Not the nicest of comments, but also a sign things will need to change sooner rather than later. This could be good news for cryptocurrency, albeit the thoughts of one person may not make....
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The secretary-general of the African Continental Free Trade Area (AFCFTA) secretariat, Wamkele Mene, says Africa will “one day have a common currency” via a proposed “Pan-African Payment and Settlement System (PAPSS).” He adds that such a currency will help “ease constraints of settling intra-African trade in foreign-denominated currency.” Challenges Ahead In comments recently carried by regional news outlet This Day, Mene admits that challenges will be encountered before the dream of a common currency is finally realized. However, to illustrate his own....
The two regulators have agreed on a draft bill saying that using bitcoin and cryptocurrencies is necessary for international trade amid the current climate.
ChiliPhone allows you to make long distance calls with a phone, from your web browser, and for a lower price than your local phone provider. The kicker, they accept Bitcoin. In fact, they only accept Bitcoin. “This is a service that lets you make cheap phone calls all around the world! You don’t need to download or install any software; you can call directly from your web browser!” – Chiliphone Chiliphone allows anybody with a browser to make international calls without having a phone, downloading software, or a signing a contract. The process works similar to Skype and allows you call....
Callcoin, the Telegram bot allows users to make telephone calls to any international number at cheap prices. The bot accepts Bitcoin payments. Telegram, the well-known chat application has received widespread acceptance among the cryptocurrency community. In addition to its usage as a chat app, the Telegram bots allow developers to offer feature-rich applications on Telegram platform. Callcoin is one such bot that allows users to make international calls with via Telegram and pay for the same with Bitcoin. The Callcoin bot is a product developed by a group of developers from Latvia and....
The market forces called supply and demand determine Bitcoin's price, which is volatile due to the uncertainty regarding BTC's future value. What will happen if Bitcoin's price crashes to zero?If BTC's price drops to zero, it will impact the traders, institutional investors, price of other digital currencies, cryptocurrency enterprises and the whole financial system.Now, assuming that BTC's price declines to zero, it will impact the price of other cryptocurrencies. As a result, many investors could just withdraw (completely or substantially) to reduce losses, depending on their type of....