Italian Media Outlet Uses Outdated Facts to Discredit Bitcoin
A recent report on one of the Italian media outlets tries to discredit Bitcoin by stating outdated information. Bitcoin is a revolutionary cryptocurrency that has the potential to create an efficient global economic system. But these changes won’t come easy. For Bitcoin to create a new economic order, it has to deal with few enemies in the form of governments and mainstream media. The mainstream media has deviated from its core principles and fails to be objective in their reporting. The reporting on these outlets are either designed to gain more readership or to further the agenda of....
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A major Italian newspaper outlet is apparently now accepting bitcoin for digital subscriptions, we're learning from a reader email this morning. The bitcoin logo is boldly visible on il Giornale's digital subscriptions page [link], where nearby it says, "The Journal is the first newspaper in Italy and in Europe who accepts payments in Bitcoin." The outlet is one of the top 20 daily papers in Italy, with a last reported circulation number of 678,000 readers in 2012. il Giornale's digital subscriptions allow readers to view all news categories and articles in PDF files optimized for Android....
You can't just mine crypto for profit using other people's systems without them approving it. An Italian airport staffer allegedly took advantage of the computer systems at his place of work in order to mine Ethereum (ETH).Employed at an airport located in the Italian city of Lamezia Terme, the staffer allegedly put mining malware onto the airport's computer systems, said a news brief today from Italian media outlet Rai News. The employee is said to have set up multiple mining rigs on site, taking advantage of the airport's backend systems in the process. Authorities eventually caught the....
Italian technology entrepreneur Davide Luigi (Billy) Berlusconi has launched a new cryptocoin to help the children of Gaza. The name: X-Children, a "Proof of Heart" coin. More than 500 children from Gaza can no longer play, laugh, or have the innocent life of a child because they have been unwillingly victimized by a war they are not responsible for. X-Children is a (Proof Of Heart) coin with the sole purpose of helping children like this be able to smile again. Together we can fight the cruelty of mankind with love and eradicate suffering with compassion. Billy Berlusconi is also the....
The new group will reportedly have an estimated 70% share of the Italian market.
An Italian news site reports the shocking decision by the government of Italy to impose a 20% withholding tax on all inbound wire transfers to Italian citizens. All international payment systems linked to a bank account, such as PayPal, Western Union and, of course, bank wires will be affected. This brutal tax, combined with already steep fees on legacy money transmission methods, could claim up to a third of the value of international transfers. Citizens may contact the relevant bureaucracy to plead for the return of their money, provided they can prove it to be outside the category of....