Industry Report: Bitcoin Creates ‘Love-Hate’ Relationships
GoFundMe doesn’t care for bitcoin while a European betting site does, and two more security breaches occur. Want to catch up on your latest digital currency and tech news? Take a look at the stories below. GOFUNDME DITCHES BITCOIN-POWERED CAMPAIGN. An Africa youth campaign on GoFundMe was temporarily suspended after it placed a bitcoin address on its donations page. The platform halted the campaign, feeling that bitcoin was in direct competition with GoFundMe’s primary donation methods. The address was removed, and the page was later restored, but some are angry about the site’s decision....
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Bitcoiners often share similar values and are out to achieve the same mission. This alignment creates strong relationships with people from around the world.
The cannabis industry has many reasons to look to bitcoin as a way to grow and improve relationships with their customers.
Banks are withdrawing their Corresponding Banking Relationships (CBRs) in weaker economies stating increased risk, leading to financial exclusion of various countries. Digital currencies like Bitcoin may be the way forward for nations with small or weak economies. Many major banks have been withdrawing their Correspondent Banking Relationships (CBRs) across geographies in the recent days as the global economy slows down. A recent action report by the International Monetary Fund titled ‘The Withdrawal of Correspondent Banking Relationships: A Case for Policy Action‘ discusses this emerging....
Relationships are another victim of the low time-preference infection created by fiat money.
4Love is patient, love is kind. It does not envy, it does not boast, it is not proud.5It does not dishonor others, it is not self-seeking, it is not easily angered, it keeps no record of wrongs.6Love does not delight in evilbut rejoices with the truth.7It always protects, always trusts, always hopes, and always perseveres.8Love never fails. -1 Cor 13. It has been said that the love of money is the root of all evil. Greed can easily top the list of the deadly sins for its impact on the world, but money, at least some types of money, might also be able to teach us something about love.....