The topic of regulation has been kicked around in crypto circles for what seems ages. Some, think it’s essential in order to have a more trustworthy environment where business knows where it stands and governments are more comfortable with a blockchain world they don’t yet fully understand. Others hold that regulation is the antithesis of what was imagined when the first freshly minted bitcoin ventured out into the bright new dawn of decentralisation.
There are conspiracy theories and speculation all over the crypto space on who holds the most Bitcoin that is currently in circulation. Big mining firms, exchanges, and funds are mainly called Whales as they hold on to the most Bitcoin and have been called responsible for the big amounts of Bitcoin around today. However, there is still hope for investors from all over the globe which have a collective investment in the coin.
Several statistical studies have shown that there are some countries which are hiding the most bitcoin. Let’s go through four of the richest countries which hold the the most Bitcoin.
The world is full of Bitcoin holders, or hodlers (whatever you want to call them) but which countries are holding the most? Whilst this might not seem important, it is in fact very important. In order to see how Bitcoin might flow in the future, we need to see which areas are seeing Bitcoin as a long term investment, compared to the countries that are spending it more quickly. Those who are spending it more quickly are most likely to see adoption as the future for cryptocurrency, they are using Bitcoin as a currency and not as an investment asset.
Two ‘self-sustaining’ pyramid schemes briefly became the most popular decentralized apps (DApps) on Ethereum this week.
Money Pours Into ‘Fomo3D’ and ‘PoWH’
Data from monitoring site DappRadar shows Fomo3D and PoWH 3D held the number one and number two spots among DApps July 22, pushing the highest-placed ‘legitimate’ offering – decentralized exchange IDEX – into third place.
Between them, Fomo3D and PoWH currently hold around 96,000 ETH ($ 42 million) in their smart contracts.
Fomo3D describes itself as an “ironic jab at the cryptocurrency ICO space” which “puts every player in the terrifying and tempting position to Exit Scam everything and run away with massive life-changing amounts of real Ethereum.”
With crypto scams running rampant across the globe, Human Trust Protocol, aka Hub, is joining hands with Civic, a blockchain identification service provider, to verify users via know-your-client (KYC) data gathered from the Civic secure identity platform (SIP). The new project entitled ICO Hub is an algorithmic ICO rating service that adds identity verification as a central rating factor: Hub representatives will now be able to identify ICO project team members and organizers to ensure a platform’s authenticity before investors step in.
Bitcoin can be a virtual minefield of information for a newbie, but ‘Bitcoin for Boobs’ aims to… No, wait a minute. You can now buy body modification for bitcoin and ethereum at a plastic surgery clinic in Houston, Texas.
Seriously, What Can’t You Buy with Bitcoin?
The list is becoming shorter and shorter, and thanks to Memorial Plastic Surgery in the good ole US of A, we can now cross boobs off that list. And bums, noses, lips, eyelids, and hymens, which sounds like the ingredients of a discount sausage.
**On Today’s Episode Of The Cryptoverse:**
The Australian computer scientist Craig Wright, who once claimed to be Satoshi Nakamoto, is continuing his effort to obtain hundreds of digital currency and blockchain patents.
The news segment begins at 7:05
Dash Detailed is a weekly YouTube show about the privacy focused digital currency known as Dash. It is hosted by the lovely Amanda B. Johnson and keeps you right up to date about all the exciting developments in the Dash ecosystem.
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