Bitcoin can be used to pay employees in all different kinds of areas. Mixed martial arts might not be in the top 10 of “types of employees” looking to get paid in Bitcoin but that isn’t keeping Jon Fitch from sticking with the digital currency. In fact, Jon is the first MMA fighter to be fully paid in Bitcoin. Quite an interesting turn of events, but it seems to work out quite well.
The Midas Rezerv team have launched a decentralized distributed 100% physical gold-backed token platform designed to enhance investments, trading, capital preservation, and payments in physical gold represented by its digital equivalent. The gold holdings are stored in non-bank, fully-insured vaults located in Free Trade Zones with a permanent proof of holdings available for public access online and via the blockchain.
In today’s Bitcoin ecosystem, users too often have to choose between usability or autonomy. Coyno aims to change that. By sitting on a “watch-only” layer on top of user’s bitcoins. “Coyno is like a cryptocurrency Mint.com; it will make Bitcoin more user-friendly, secure, and legally compliant while letting users stay in full control of their funds” Levin Keller, CEO of Coyno said to Digital Money Times. The Berlin-based startup Coyno opens up their watch-only Bitcoin bookkeeper. This is the first step on a journey towards a tool that makes good on Bitcoin’s promise of letting you “be your own bank”. besides being the CEO of Coyno, Mr. Keller is also a member of the Bundesverband Bitcoin (the Bitcoin Foundation’s German affiliate) where he is a vocal advocate of Bitcoin in Germany.
Buying Bitcoin in Germany has become a bit of a hassle, ever since Localbitcoins stopped operating in the country, and certain German banks start reversing Bitcoin-related bank transfers. But there might be a light at the end of this dark tunnel, as FIDOR Bank and Bitcoin.de have announced the launch of their Bitcoin Express trading system.
Connecting The Bitcoin Marketplace To Traditional Banking
Bitcoin and traditional banks will not become the best of friends any time soon, but that might not be as much of an issue anymore in the near future. FIDOR Bank, a German bank well-known for their openness towards Bitcoin business and enthusiasts, is teaming up with Germany’s largest Bitcoin marketplace Bitcoin.de to create a direct connection between Bitcoin and traditional banking.