Netflix Executive Wants Bitcoin as Global Currency, Considers It Cost-Effective
At the Citi Internet, Media & Telecommunications conference, Netflix chief financial officer David Wells expressed his optimism towards Bitcoin, and how it is shaping to become the global currency of most major industries. According to Market Realist, a prominent investment research establishment which covered the event, Wells stated: “It sure would be nice to have Bitcoin in terms of a global currency that you could use globally.” Why Netflix is Interested in Bitcoin. As MR researcher Shirley Pelts explained in a 5-part series entitled “Tools in Netflix's Wheelhouse to Meet....
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Bitcoin – a decentralized, truly global currency. Netflix – a streaming platform that just went global. Do both stand to gain by coming together? One of the biggest stories of the 2016, so far, is Netflix’s global expansion that saw the streaming service reach a 130 new countries. The new rollout now sees Netflix beaming to a total of 190 countries, worldwide. It’s a significant move. Millennial pirates the world over, those who were too young or unemployed to pay at one time, may now see Netflix as a good package deal, with the company’s extensive library and its much acclaimed and....
Netflix, the world-famous streaming platform has put a ban on crypto-related advertisements and commercials. These ads shall not be allowed on the ad-supported subscription tier. This is planned on being launched in the month of November, which is quite early to the scheduled date. According to other local sources, it was reported that Netflix has […]
The commonly-cited method of dollar-cost averaging might be less effective than lump-sum purchases.
A combination of BitTorrent and Lightning network can potentially offer stiff competition to Netflix and similar services. Luke Cage fans on Netflix had to go without their usual daily fix for a while last week, following a massive DDoS attack on the internet. While the DDoS attacks can be considered as acceptable risks for an internet based business, a combination of Bitcoin and BitTorrent presents itself as a huge threat to services like Netflix. Since Bitcoin gained popularity, it was considered as an ideal method for micropayments. The low transmission cost advantage which Bitcoin had....
On Friday, a well-known American streaming service, Netflix, announced that it ordered a docuseries on crypto laundering linked to Bitfinex’s historic hack of 2016. Netflix came to this move after the aspiring rapper Heather Morgan and her husband Ilya Lichtenstein got arrested in New York last week, alleged by the Department Of Justice (DOJ) in […]