Kim Dotcom: MegaUpload2/BitCache will take Bitcoin Mainstream
As the trial of Kim Dotcom versus extradition by the United States Thought Police continues in New Zealand, Kim is ever-optimistic and is forging ahead with his business plans. He is making significant progress on his MegaUpload2/BitCache program, calling it not just a site or application but a “movement.” Cointelegraph gives you the latest progress report on the future mainstream website application that Kim Dotcom believes will single-handedly change Bitcoin forever. Is Bitcoin ready for the mainstream? Many in the Bitcoin community worry about Bitcoin’s ability to crossover into the....
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When Kim Dotcom announced that his Megaupload2/Bitcache investment offer would only accept bitcoin, many assumed that it was a way to prevent any law enforcement effort to seize the funds. Given that the fundraiser is reaching the half-way mark on the Bnktothefuture online investment platform, the controversial content entrepreneur has addressed some questions that investors have raised. Simon Dixon, CEO of Bnktothefuture, recorded a Youtube interview with Kim Dotcom that aired on the Max Keiser show. Keiser noted at the outset that Megaupload2 fundraising offer on the Bnktothefuture is....
With his extradition to the United States on charges of racketeering, money laundering, and criminal copyright violation looming (having recently concluded an appeal), Kim Dotcom appears optimistic about his business ventures. The veteran entrepreneur whose endeavors have included one of the most successful file-sharing websites in history, Megaupload, and later the much more regulation-friendly Mega.co.nz as well as the halted Baboom music service, believes that Megaupload2 and Bitcache will not just be a success, but will also lead to serious price boosts of Bitcoin. In a recent tweet....
Kim Dotcom took to Twitter, where he has the eyes of some half a million people, to explain that there was a snag in the recent planned launch of Bitcache and Megaupload2, the Bitcoin enhancement layer (allowing for tiny, automated transactions) and the incentivized file sharing platform that intends to use it. According to Dotcom, the firm attempted to merge with a Canadian company that had valued them at $100 million and would have provided another $12 million. However, “complexities” resulted when the firm demanded “intrusive” information from Bitcache. Dotcom did not go into specifics,....
The release of Kim Dotcom’s BitCache and Megaupload 2 (MU2) has been said to be a transformational project that alone could double Bitcoin’s global value. It looks like we’ll have to wait awhile for this new app and new Bitcoin value to reach fruiting, as we update you on the new release schedule. Dotcom’s Megaupload 2, BitCache Delayed. Last summer, online business mogul Kim Dotcom announced two future Bitcoin applications called Megaupload 2.0, or MU2, and BitCache that would change the Bitcoin industry and bring it into the mainstream. He also announced the day of the launch, January....
Kim Dotcom, the notorious internet entrepreneur and Megauploadfounder, has been building hype for the relaunch of his file-sharing website on Twitter and various media outlets over the past few weeks. While the general tech community seems interested in what Megaupload 2.0 will have to offer, the Bitcoin community is more interested in one specific aspect of this new project. While discussing Megaupload 2.0 on Twitter, Dotcom noted that the file-sharing platform will include a way to attach a bitcoin transaction to every uploaded file. Dotcom has named this feature Bitcache. The specific....