Jeremias Kangas: Bitcoin can't be shut down
Jeremias Kangas is the CEO and founder of localbitcoins.com, as well as several other Bitcoin ventures. He is a software developer from Finland and one half of the Kangas bros team. He irradiates optimism about Bitcoin and the endless possibilities it brings, he also understands its resilience and expects it to thrive despite the many attacks that it....
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Bitcoinist.net had the opportunity to talk to founder of LocalBitcoins.com founder Jeremias Kangas recently. Jeremias speaks at length about how he got started in bitcoin, government intervention, the current state of LocalBitcoin.com and where they are headed in the future. “LocalBitcoins.com is a marketplace for trading bitcoins locally to cash or online payments of your choice. LocalBitcoins.com facilitates peer-to-peer bitcoin transactions.” What is the history of LocalBitcoins.com – how did it get started?
LocalBitcoins has added a new section to its website where users can send and manage invoices, allowing them to receive customer payments in bitcoin. The offering marks the peer-to-peer platform's first merchant-specific product, and follows a period of heavy demand, according to founder and CEO Jeremias Kangas. Kangas framed the tool as a basic offering that would nonetheless prove effective at meeting the needs of merchants today before expanding to include additional functionality later. He told CoinDesk: "Many of our users have requested this feature, and it extends quite nicely our....
Suggesting that the momentum of interest in Blockchain technology is greater than that of the the digital currency it powers could create a wrong impression, says the CEO of LocalBitcoins, Nikolaus Kangas. In a blog post, Kangas noted that he had earlier overlooked it when a “Finnish self-credited "blockchain expert" made a claim that during the last year, (the) term blockchain has passed bitcoin in google trends "clearly"...”. But he had to change his view after a co-worker pointed out the mistake. After he’d recollected that he has seen the same claim elsewhere,....
Joining the ranks of Coinbase, MtGox and Blockchain, Bitcoin developers Stefan Thomas and Jeremias Kangas have released a lightweight Bitcoin payment processor of his own, with a twist: you do not have to trust it to use it. The way that all other payment processors to date have kept track of individual orders is by creating a unique address for each payment, and forwarding any payments that they receive to the merchant. This does prevent the main issue with not bothering with payment processors and instead just having a single address - namely, that if you receive a payment you have no....
Bitcoin marketplace LocalBitcoins.com has produced a bitcoin ATM and is preparing to mass-manufacture the machine, which was launched on 17th February. The Helsinki-based company said the machine can perform two-way conversions between bitcoin and fiat currency. Each unit is priced at €1,990 (approx $2,732) and the firm has built five so far. LocalBitcoins founder Jeremias Kangas said: "We have a pretty good chance of entering [the ATM market]. Of course there are existing companies but our model is much more cost-effective." The LocalBitcoins machine will also obtain its conversion rates....