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Category Archives: Bitcoin Cash News

Roger Ver Update: Why Banks Love the Lightning Network (and you should be wary)

Roger Ver Update: Why Banks Love the Lightning Network (and you should be wary)

Source: Roger Ver

Boxmining Crypto Chat: Bitcoin Cash, Coinbase, Bitcoin Forks, “Massive Crash”

Boxmining Crypto Chat: Bitcoin Cash, Coinbase, Bitcoin Forks, “Massive Crash”

Source: Boxmining

Rudeness, insults, and censorship are not actual arguments against Bitcoin Cash.

Rudeness, insults, and censorship are not actual arguments against Bitcoin Cash.

Source: Roger Ver

Roger Ver discusses why Bitcoin Cash will surpass Bitcoin Core on Wall Street for Main Street

Roger Ver discusses why Bitcoin Cash will surpass Bitcoin Core on Wall Street for Main Street

Source: Roger Ver

Bitcoin Cash (BCH) vs Bitcoin (BTC): The Chain Death Cycle of Bitcoin

Bitcoin Cash (BCH) vs Bitcoin (BTC): The Chain Death Cycle of Bitcoin

Source: Crypto Daily

Bitcoin: Globitex group company granted Electronic Money Institution (EMI) licence by EU regulator

23rd November, 2017, Gibraltar – Globitex, the new bitcoin exchange co-founded by early bitcoin adopter and former Executive Director and a Founding Board Member of the Bitcoin Foundation Jon Matonis, marks a significant milestone in its journey to make bitcoin a truly global currency of settlement. Globitex Holding (Latvia) group company NexPay UAB has been granted an e-money license (EMI) by the Bank of Lithuania to carry out payment services and e-money issuance in the EU. This opens a series of doors for Globitex exchange, enabling it to take an important step closer to its goal of dramatically increasing bitcoin trading volumes in order to facilitate its use right across the spectrum of commodity and money markets. Current operating entity of the Globitex bitcoin exchange is a UK-based Globitex group company.

Bitcoin: currency of global settlement

Whilst bitcoin is currently making new highs, there is still the fundamental economic issue that order-book depth and liquidity cannot support very large trades. Although bitcoin offers enormous advantages for international settlement due to its speed and low cost compared to legacy money transfer services, it cannot yet serve as a currency of international trade settlement across the world’s financial markets.

Globitex Chairman and Founding Director of Bitcoin Foundation, Jon Matonis, stated:

‘I look forward to this evolution of digital currency trading platforms that ensure futures contracts with a physical delivery component. Strong connection to the spot markets, including contract limits and physical delivery that is linked to provisioned commodities, will serve as the market standard for price integrity.’

The aim of Globitex is to facilitate entry into the bitcoin market for a new generation of customers, both retail and institutional-level traders, enabling the increase in value and stability that will allow commodities like crude oil, gold, coffee and other financial instruments to be priced directly in bitcoin.

SEPA payments

Acquisition of the EMI licence brings with it the possibility of integrating with the SEPA euro payments system directly through the Central Bank of Lithuania. This will enable NexPay to clear euro payments directly, without the involvement of commercial banks, and to issue IBAN accounts to Globitex clients just like banks issue accounts to clients. This is a huge step forward in terms of accessibility.

The regulatory green light for the EMI licence is a leap forward in the development of the bitcoin and broader cryptocurrency industry. This sets a new level of legitimacy for cryptocurrency overall, moving towards widespread adoption.

Crucially, the newly-issued EMI licence is fully ‘passportable’ to all other EU member states, allowing NexPay to provide clients with payment services and e-money issuance across all 28 countries.

Liza Aizupiete, Managing Director of Globitex, reflects:

‘Globitex is looking to set new cryptocurrency trading standards not only technologically, or by commodities-linked product offering, but especially in Globitex’s legal setup, ensuring safe passage to the digital age.’

GBX token sale

Globitex group is holding a token sale to fund the scaling of its existing exchange infrastructure into a commodities spot and derivatives exchange for bitcoin. The GBX utility token will be issued on the Ethereum blockchain. GBX will be used to pay trading fees and reward exchange users and liquidity providers.

The GBX token will be sold for the equivalent of EUR 0.10 in Bitcoin (XBT), Ether (ETH) and Bitcoin Cash (BCH), with significant discounts for early participants.

Will Cryptocurrencies Make Governments and Central Banks Obsolete? PressTV MiniDoc w/ Jeff Berwick

Will Cryptocurrencies Make Governments and Central Banks Obsolete? PressTV MiniDoc w/ Jeff Berwick

Source: The Dollar Vigilante

Bitcoin Cash is the real Bitcoin

“Exactly right, there is only 1 real Bitcoin. For you to know which one it is, you need to go read the Bitcoin white paper, over and over again, and you compare that with what Core have done with their SegWit hack, and the intentional prevention of usability of their coin, and direct intention to force every user by high fees, into 3rd party side chains to be run by the bankers.

The only trash there is here is this impostor of Core’s Bitcoin… SegWit is not Bitcoin.
Bitcoin Cash is the real Bitcoin.” – Ed.

Source: Bitcoin Cash Radio Commercial on more than 150 Radio stations!

Additional Information

Satoshi White Paper (Bitcoin White Paper)

Bitcoin Cash vs Bitcoin: Blockstream Developers in Core Meetings

Bitcoin Cash Misunderstood and Underestimated

Let the REAL Bitcoin please stand up – BITCOIN CASH

Roger Ver on Bitcoin Cash at the LA Bitcoin Meet Up Group on Nov 9th 2017

Why Bitcoin Cash will become the dominant Bitcoin in the next month.

Bitcoin Cash – The Real Bitcoin has arrived!

Source of Image: BitcoinCash.org

 

Bitcoin Cash Radio Commercial on more than 150 Radio stations!

Bitcoin Cash Radio Commercial on more than 150 Radio stations!

Source: Roger Ver

Roger Ver on Bitcoin Cash at the LA Bitcoin Meet Up Group on Nov 9th 2017

Roger Ver on Bitcoin Cash at the LA Bitcoin Meet Up Group on Nov 9th 2017

Source: Roger Ver