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Entrepreneurs in Nigeria are building on the country’s growing interest in BTC and establishing Bitcoin Village, a safe haven for Africa.
Nigeria is a unique country in West Africa, geographically situated between the Sahel to the north and the Gulf of Guinea to the south in the Atlantic Ocean. Inflation is currently over 18%, and money debasement is sometimes a daily occurrence. If you’ve never had a backpack full of useless naira, you wouldn’t understand.
While traveling across the country visiting Bitcoin meetups, Captain Sidd found Bitcoiners have many things in common, but most importantly, they are all doers.
This is an opinion editorial by Captain Sidd, finance writer and contributor to Bitcoin Magazine.
“When deeds speak, words are nothing.” — African proverb
Grokking Bitcoin’s potential impact on the world often starts with diving into the enormity of the problem with fiat currency. The vast moral hazards and twisted incentives inherent in any centrally controlled monetary system or market make for plenty of pains to highlight. It’s no surprise then that Bitcoiners — especially on the internet through forums like Twitter — frequently lambast institutions that seek to control markets and people in the name of fixing the very problems to which they’re often a major contributor.
Bitcoin can make a significant difference for a business’s market appeal and revenue stream. Accept bitcoin and grow your company like never before.
Bitcoin is the flagship cryptocurrency. It provides simple and near-instant money transfers between individuals and entities. As such, bitcoin gives businesses the opportunity to engage with Generation Z like never before.
Your company can start using bitcoin and reap the benefits of doing so long into the future. To understand why, let’s answer some of the biggest questions surrounding how to build a business on Bitcoin.
Being heavily affected by the Great Financial Crisis in 2008, the Great Keppel Island, one of the Great Barrier Reef’s most attractive tourist destinations is about to become a crypto tourism heaven and you have the opportunity of a lifetime to become part of and profit from its transformation – all thanks to the TKJ […]
The post TKJade Token: Building the Future of Great Barrier Reef’s Tourism Ecosystem appeared first on CCN Markets
There is no doubt that Elon Musk is a visionary man with ambitions that may or may not materialize in the long run. The Tesla CEO has his hands full with ventures in space, on Earth, and even below the ground. Now it looks like he is on his way to add another feather to […]
The post Tesla Is Secretly Building Its Own Battery Cells, but Is Musk Overreaching? appeared first on CCN Markets
Over the last year, Bitcoin.com has released a robust Bitcoin Cash (BCH) developer platform loaded with programming tools like Bitbox as well as the newly launched Badger and SLP tool kits. In addition to these services, Bitcoin.com provides programmers with guides, a GUI BIP44 development wallet, a BCH testnet faucet, and REST layer for the BCH network so developers can speak to the blockchain over REST. On April 19, the Rest.Bitcoin.com platform got over 5 million requests in 24 hours, suggesting some exciting ideas are being built by BCH developers.
Also read: UK and Europe-Based Users Can Now Buy Bitcoin Cash Inside the Bitcoin.com Wallet
The Stock Exchange of Thailand has confirmed it’s building a digital assets platform that it expects to launch next year.
CoinDesk
Konami, the publicly-traded Japanese entertainment and gaming conglomerate, is building a new business and esports center in Ginza, Tokyo, which will serve as the company’s new base of operations. According to a recent Konami press release and report by Siliconera, the Konami Creative Center Ginza, as it will be called, will be 12 stories with […]
SludgeFeed
EOS (EOS), the fifth-largest cryptocurrency with a $ 2.2 billion market cap, announced Monday that at least 260 projects are now building on its network that launched 6 months ago. Why you should use #EOSIO todayhttps://t.co/UBXezpS4xG — Block.one (@block_one_) January 21, 2019 According to the blog post, Block.one claims developers and entrepreneurs are increasingly choosing EOS for its scalability, […]
SludgeFeed
By CCN.com: The Bitfury Group, an early bitcoin mining firm turned global blockchain company based out of London, has announced that it will launch an entertainment division tasked with developing an open-source music platform that runs on blockchain technology. From Mining Bitcoin to Tracking Music IP on a Blockchain Tech companies trying to make waves
The post Why is $ 1 Billion Bitcoin Giant Bitfury Building a Blockchain Music Service? appeared first on CCN
Straight from the horse’s mouth. Despite multiple complications and the ongoing trade war between the US and China placing Tesla plans in doubt, today, the electronic car manufacturer began breaking ground on the construction of the first Tesla gigafactory outside of the US in Shanghai. On Twitter this morning, the charismatic businessman enthused: Looking forward
The post Elon Musk and Tesla Start Building First Foreign-Owned Car Plant in China appeared first on CCN
Sure, the crypto market boom of 2017 exposed the industry’s lack of infrastructure. That just means the solution is clear – we must build it and keep building.
CoinDesk
Over the last 48 hours, following a large loss on Christmas, the Bitcoin price has recovered back to around $ 4,000. The dominant cryptocurrency, which still holds a market valuation of over $ 64 billion, has demonstrated wild volatility in a wide price range from $ 3,100 to $ 4,300 throughout December, struggling to recover to November levels. Last
The post Investor: Bitcoin is Undervalued, Individuals Building on it Will Lead to Recovery appeared first on CCN
According to a report by the South China Morning Post, a 24-year-old man is said to have tossed bank notes from the top of a skyscraper in Hong Kong, triggering agitation from passersby below. The man, who was identified as Wong Ching Kit (with aliases such as “Mr. Coin” and “Coin Master”) is the owner … Continued
The post Hong Kong Bitcoin Millionaire Arrested after Throwing Cash off Apartment Building appeared first on CCN
Michael Novogratz, the CEO of cryptocurrency-focused merchant bank Galaxy Digital LP (GLXY), recently opened up about just how difficult it is to build a business during the ongoing cryptocurrency bear market. In a recent interview with the Financial Times, the former Goldman Sachs (GS) partner and Fortress hedge fund manager discussed his efforts towards building Galaxy Digital into the “Goldman […]
SludgeFeed
We talk about innovative Blockchain application with the CEO, Adam Todd of Digitex Exchange which promises commission-free trading. Since commission fees are set arbitrarily by most exchanges, including the big ones, we wanted to delve deeper into how this project promises what others had thought to be unsustainable. CCN: Let’s start with the fundamentals. What
The post Building a Commission-Free Crypto exchange: An Interview with the CEO of Digitex appeared first on CCN
This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. In the past few years, the cryptocurrency market has seen a sharp increase in adoption from countries in Asia, Africa, and East Europe. For the majority of cryptocurrency’s existence
The post ADAB Solutions: Building the First Islamic Shariah Compliant Cryptocurrency Exchange appeared first on CCN
On Oct. 12 the Bitcoin Cash developer Chris Troutner published a new shuffling protocol concept called Tokenshuffle, a platform that aims to anonymize BCH transactions. Meanwhile, the Cashshuffle project has recently outlined the platform’s roadmap and accomplishments so far. Over the past few months the focus on bitcoin cash fungibility and tools that make blockchain obfuscation possible has become a popular trend among BCH proponents.
Also read: BCH Devcon Streamlines Bitcoin Innovation in San Francisco
Cryptocurrency mining has in many respects become an industrialized business. But despite the concentration of hashing power, the increasing difficulty and diminishing returns, in some cases it can still be profitable to mint coins as an amateur miner, probably the most honest way to earn some digital cash. Here’s a guide on how to build a mining rig.
Also read: Iran to Allow Mining Hardware Imports, Cyprus Creates Fintech Hub
Smart Dubai is a government and city-led initiative to make Dubai the “smartest and happiest” city in the world. This week saw Dubai’s the government’s payment portal become blockchain-based.
The online payment portal DubaiPay will now use blockchain technology for real-time reconciliation and settlement of transactions. This is another step towards Dubai’s goal of becoming the world’s first blockchain-powered government by 2020.
Dubai’s government is currently working on a total of 20 use cases for blockchain technology to complement its existing operations. Dubai’s government has strategic partnerships with IBM and Consensys as advisors to help them and Smart Dubai further their goals.
