How Bitcoin Fixes A Growing Property Seizure Problem In Berlin
In 2020, after Bitcoin dropped briefly below $4,000, a massive price rally ensued. The benchmark cryptocurrency peak in February north of $60,000 before another crash sent the price back to its yearly open. The rally was supported by the Covid-19 pandemic and the lockdown measures imposed in most of the world, the subsequent monetary policy […]
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Frankfurt is set to become a disruptor in Berlin’s plans of becoming Europe’s and Germany’s FinTech hub as Frankfurt sets its sights on beating Berlin to the podium. A recently launched project known as TechQuartier in Frankfurt brings together 120 founders of FinTech companies to share ideas. According to The Local, a German news site, the project reflects how the banking world in the city is attempting to play catch up in the growing sector. Of course, while Frankfurt may be riding the wave that is seeing more startups in the city, it’s reported that most founders of companies will....
This is a guest post by Chris Grundy, a Berlin-based Bitcoin enthusiast who works at Bitbond. Despite Germany's recent negative press over the Greek bailout, Berlin remains one of the world's greatest cities for Bitcoin lovers. Whether it's the plethora of innovative bitcoin startups springing up all over the city, the widespread adoption of the cryptocurrency along Berlin's high streets, or the vast amount of investment flooding into the German capital, Berlin's relationship with Bitcoin will be instrumental in shaping its future. Berlin startups have been enjoying an unprecedented level....
During the GDR era, this room was used for interrogation by the Stasi (East German Secret Police). With its strict privacy laws, Germany is the refuge of choice for those hounded by the security services, The Guardian reports. Laura Poitras, the director of Edward Snowden documentary Citizenfour, just released in cinemas, moved to Berlin to escape the attentions of the US security services. She chose Germany because of its privacy laws, and Berlin because of all the groups doing anti-surveillance work there. She says: "There is just a very real historical awareness of how information can....
Who says bitcoin isn't real money? Certainly not the early-adopter who purchased a luxury apartment in Berlin, according to the All4BTC.com service. The individual, a newcomer to the German capital city, reportedly called the purchase "the perfect investment for where I am in my life now," including that, "Having an apartment I can call my own, especially in Berlin, is a dream come true." The total cost? Over 500,000 Euro for the 150-square-meter property, which features two balconies and large, open spaces. The transaction, as explained by All4BTC: By using Bitcoin directly, this....
Lawyers for Bitcoin-24 say the seizure of the European exchange's German accounts has been lifted by the public prosecutor's office in Berlin. "This means that the suspicions concerning our client in relation to the alleged fraud and money laundering could not be substantiated," states a press release from the firm of Röhl-Dehm & Partner. "Our client is now in the process of preparing to make; the first payments from the German account." The release adds, "For the time being these payments may only be made to those customers who have made payments into the account at Commerzbank and have....