Why Russia Hates Bitcoin but Might Love the ApplePay
You have to hand it to the world'sunofficial richest man - Russia's Vladimir Putin. He's running a covert financial war against the Western countries so successfully it makes US banks like JP Morgan look like stooges. The Russian covert underground cyber-army is taunting banks and has become so confident in their abilities they can brag about them before....
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Earlier this week, Apple's new mobile NFC payment network, ApplePay, went live. From its first few days of life, huge issues are already popping up regarding ApplePay's security. Multiple users are reporting that using ApplePay has resulted in duplicate charges to their bank statement. CNN Money's Samuel Burke found out about the double spends after forgoing a card swipe and using ApplePay at several merchants: I logged into my debit card account and found that I was charged twice for every purchase I made with ApplePay. A quick search on Twitter found other people with the same problem.....
A large number of merchants are actually building their own mobile payment app called CurrentC. As it turns out, it isn't just the Bitcoin community that has said "meh" to Apple's supposed new innovation in the mobile payments industry: ApplePay. While some companies, such as Best Buy and WalMart, have been very vocal in cutting out Apple as a middleman, others have taken more subtle steps. Recently, Rite Aid and CVS, two giants in an industry that mobile payments wants to enter very badly, decided to modify and/or shut off NFC readers already installed at their locations. Many retailers....
The IMF hates Bitcoin because its decentralized protocol and programmatic monetary policy defies the control the fund wants to implement on us all.
Bitcoiners love Tor but the FBI has “updated” Rule 41 of the internet that could blacken Tor’s horizon. This means that unless Congress blocks it, using the anonymous browser could become illegal in the near future. Future of Tor in Jeopardy. Bitcoiners love the anonymity of Tor. The FBI hates it even though Tor is run by a government-backed American....
Payment processing is likely to become significantly more difficult, as card companies Paypal, Mastercard, and Visa have said that they will cease Russian operations in response to Russia’s attack on Ukraine. The three payment giants have now joined a growing list of global entities that have refused to do business with Russia as a result […]