Il n’y a pas que le bitcoin, voici pourquoi les Cryptocurrencies Verge (XVG) et Blockstack (STX) pourraient voir une tendance

Le bitcoin (BTC) est passé de 17 580 $ à 18 855 $ au cours des dernières 24 heures

De nombreux investisseurs de renom ont fait part de leurs attentes concernant la hausse des prix des bitcoins. MicroStrategy (MSTR), une des principales sociétés d’intelligence économique, a annoncé vendredi qu’elle avait levé 650 millions de dollars en obligations convertibles pour financer des achats supplémentaires de Bitcoin (BTC). La vente d’obligations souligne la conviction de MicroStrategy que Bitcoin est une opportunité d’investissement pour les générations futures.

MicroStrategy est peut-être une grande entreprise détentrice de Bitcoin, mais elle n’est pas la seule. La compagnie d’assurance MassMutual, basée dans le Massachusetts, a annoncé jeudi qu’elle avait acquis 100 millions de dollars de Bitcoin pour son compte d’investissement général, ce qui en fait l’une des plus grandes sociétés détentrices. D’autres sociétés publiques telles que Galaxy Digital et Square ont investi entre 36 et 134 millions de dollars dans Bitcoin. Toutes ces entreprises réalisent aujourd’hui des bénéfices importants.

Le Bitcoin (BTC) a augmenté de manière significative, passant de 17 580 $ à 18 855 $ au cours des dernières 24 heures, ce qui indique que l’actif phare est en pleine évolution. Verge (XVG), une fourchette de Dogecoin (DOGE), se classe 97ème plus grande cryptocourant avec une capitalisation boursière de 112 millions de dollars.

Graphique quotidien XVG/USD

Au moment où nous écrivons ces lignes, le XVG se négocie à 0,0071550 $, après avoir atteint des sommets en juin, grâce aux nouvelles de Visa et Mastercard concernant le PornHub.

Le STX de Blockstack n’est peut-être pas aussi populaire auprès de la plupart des investisseurs comme Bitcoin, mais la 72e plus grande cryptocouronne par capitalisation boursière a enregistré une croissance ces derniers temps. Le STX a augmenté de 85 % de sa valeur depuis novembre, et sa capitalisation boursière est passée de 100 millions de dollars à 188 millions de dollars depuis cette période. Le STX se négocie actuellement à 0,2978 $, soit une hausse de près de 7 % sur la journée.

C’est pourquoi le Verge (XVG) et le Blockstack (STX) pourraient amorcer un mouvement de tendance

Verge (XVG) est actuellement tristement célèbre pour ses liens avec l’industrie du porno. Verge s’est initialement associé à PornHub en avril 2018 dans le cadre d’une solution qui a permis d’augmenter la capacité de cryptage. Suite à la récente confirmation par le plus grand Pornsite PornHub du monde que Visa et MasterCard ne servent plus ses paiements, Verge a donc une chance d’être utilisé pour ses près de 120 millions de visiteurs quotidiens.

La raison du retrait du service est que des questions subsistent quant à la manière dont PornHub traite les contenus illégaux. Pour MasterCard, le blocage sera permanent, et Visa continuera à suivre sa décision.

Visa et MasterCard suivent les étapes de PayPal en détestant le centre de divertissement pour adultes, qui est maintenant obligé de se fier uniquement aux paiements en monnaie cryptée. Cette décision a donné une impulsion à Verge qui, jusqu’à récemment, se négociait à un niveau plancher de plusieurs années.

La société mère de Blockstack (STX) a été créée en 2013, mais la première offre de pièces a eu lieu en septembre 2019. Blockstack vise à remplacer les services centralisés dans le nuage qui nécessitent le stockage des informations des utilisateurs, créant ainsi des solutions d’applications décentralisées (DApps) complètes.

Le jeton STX de Blockstack a fait un bond de 85 % le mois dernier, sans être remarqué, grâce aux fondamentaux sous-jacents et au lancement prochain sur le réseau principal.

Une corrélation a été observée dans son activité de tweet et son prix, car le premier augmente généralement avant un mouvement à la hausse. Le 10 novembre, un pic dans l’activité de tweet a été observé lorsque l’outil open-source Rosetta de Coinbase a été intégré à Blockstack. Le 7 décembre, la société a publié un mémo juridique affirmant que ses jetons Blockstack STX ne seraient plus considérés comme des titres.

Après avoir changé le nom de sa société mère en Hiro, Blockstack a annoncé le lancement du réseau principal 2.0. La finalisation du code aura lieu au plus tard le 15 décembre, et la date de lancement est le 14 janvier 2021. Cela suggère qu’un grand nombre de pilotes fondamentaux soutiennent le rallye STX et il est à noter que le calendrier de lancement des jetons jusqu’en octobre 2021 est très agressif.

Dieser Beitrag wurde am 23. Januar 2021 in concernant, E-Mail veröffentlicht.

L’ancien directeur de la communication de Donald Trump a fait un pari surprise de 310 millions de dollars sur les bitcoins alors que le prix monte en flèche

Anthony Scaramucci, dont le mandat de directeur de la communication de Donald Trump n’a duré que 11 jours en 2017, est le dernier gestionnaire de fonds spéculatifs à avoir acheté bitcoin.

Le prix du bitcoin a fait une percée en territoire

Le prix du bitcoin a fait une percée en territoire inconnu le mois dernier, dépassant son plus haut niveau de 2017 et terminant l’année 2020 en hausse de plus de 300 %.

Aujourd’hui, Skybridge Capital de Scaramucci, un fonds de fonds spéculatifs basé à New York, a lancé le Skybridge Bitcoin Fund avec 310 millions de dollars d’actifs sous gestion – le bitcoin étant encore „à ses débuts“.

„Nous pensons que le bitcoin en est à ses débuts en tant que nouvelle classe d’actifs passionnante“, a déclaré M. Scaramucci, associé gérant de Skybridge, dans un communiqué de presse. „Avec les solutions de conservation de qualité institutionnelle disponibles aujourd’hui, nous pensons que le moment est venu d’allouer du capital et de fournir à nos clients un accès à l’espace des actifs numériques“.

Le SkyBridge Bitcoin Fund LP s’adresse aux investisseurs fortunés qui cherchent à s‘exposer au Bitcoin Future. L’investissement minimum est de 50 000 dollars.

Après qu’un certain nombre d’investisseurs de premier plan, sous la direction du célèbre Paul Tudor Jones, aient désigné le bitcoin comme une couverture contre l’inflation émergente au début de l’année dernière, des institutions du monde entier ont commencé à acheter du bitcoin.

Soit 20 000 dollars par bitcoin

Le prix du bitcoin a été poussé au-dessus de son plus haut niveau de 2017, soit 20 000 dollars par bitcoin, en décembre, après que la société londonienne Ruffer Investment Management ait révélé un pari de 745 millions de dollars sur le bitcoin. La semaine précédente, la Massachusetts Mutual Life Insurance avait annoncé avoir acheté 100 millions de bitcoins pour son fonds d’investissement général.

La hausse du prix du bitcoin a été déclenchée en octobre par l’annonce du géant des paiements PayPal, PYPL -1%, qu’il allait commencer à soutenir le bitcoin et une poignée de cryptocurrences plus petites. Le prix du bitcoin a triplé en valeur depuis lors, et de nombreux membres de la communauté des cryptocurrences prédisent qu’il va continuer à grimper.

„Bitcoin est à l’origine d’une révolution monétaire numérique dans le monde entier“, a ajouté Brett Messing, directeur de l’exploitation de Skybridge. Nous pensons que la responsabilité est passée de „pourquoi investissez-vous dans le bitcoin“ à „comment n’investissez-vous pas dans le bitcoin“.

Les diapositives d’un pont d’investisseur qui a fui révèlent que Skybridge „s’attend à un raz-de-marée de capitaux institutionnels“ sur le marché du bitcoin. Elle prédit l’arrivée de fonds spéculatifs, de compagnies d’assurance et d’un fonds négocié en bourse longtemps attendu pour le bitcoin.

Dieser Beitrag wurde am 5. Januar 2021 in Krypto veröffentlicht.

Buy bitcoins? Analysts suspect the main phase will start

Bitcoin has experienced a strong rally in the past few weeks and today, in line with the bullish outlook for 2021, the Bitcoin price has exploded by almost 12% to currently $ 32,687.

Analysts believe Bitcoin’s main bull phase has now come. This comes despite some concerns shared months ago that the cryptocurrency market was due for excessive consolidation due to the pandemic and its impact on global markets.

Bitcoin is now in its main bull phase, according to crypto analyst Willy Woo:

„If you are looking for a way to start hoarding Bitcoin for the long term, you shouldn’t get into the hell out of it. You won’t sweat a few thousand dollars on an imperfect entry if it’s $ 100k, $ 200k, $ 300k in a year … the main bull phase is here. The capital inflows are insane. “

Above all, he cites the incredible amount of capital inflows towards Bitcoin that are currently being recorded. Technology analyst Kevin Rooke observed in December that the Grayscale Investments BTC Trust (GBTC) bought nearly 13,000 BTC from the market in a single day. He wrote:

“Bad news for BTC bears. Grayscale’s Bitcoin Trust just raised 12,319 BTC into $ GBTC in a single day. That’s more than the 11,512 BTC they added during all of last week when BTC broke its ATH. “

Will there be setbacks in Bitcoin? Indeed! Will Bitcoin Reach $ 100,000 Or More? That is difficult to answer, but one should be aware that the price has risen extremely in the past and that large players such as Microstrategy, PayPal, Fidelity and more are now in the market and are buying up Bitcoin as a hedge against fiat currencies. To put it simply, there won’t be more than 21 million bitcoins.

Strong interest in Bitcoin

To confirm the feeling that Bitcoin is in a bull market, data shows that there is strong interest in the leading cryptocurrency.

Pantera Capital, a leading crypto asset fund, found that there is a huge amount of retail demand for Bitcoin, as evidenced by PayPal’s crypto volumes. On this subject the company wrote:

In the USA it is already possible to invest in Bitcoin directly via PayPal. In Europe this will probably also be available towards the end of 2021. If you still want to invest securely in Bitcoin with PayPal , we recommend these instructions: Buy Bitcoins with PayPal

Dieser Beitrag wurde am 3. Januar 2021 in Bitcoin veröffentlicht.

En steg-för-steg-guide till Binance Exchange – del I

Binance är ett av de mest kända kryptovalutautbytena som erbjuder sina användare en säker och snabb handelsupplevelse. Börsen stöder mer än 200 kryptovalutor.

Binance är ett tredjeparts utbyte av kryptovaluta som tillåter användare att köpa / sälja ett stort antal kryptovalutor såväl som fiatvaluta.

Det är en av de snabbaste och största (per handelsvolym), kryptobörser i världen

Bitcoin Future börsen grundades av Changpeng Zhao i juli 2017 och var ursprungligen baserat i Kina, men på grund av ökande regler har företaget nu flyttat sitt huvudkontor till den europeiska ön nationen Malta.

Förutom att stödja ett stort antal kryptovalutapar, erbjuder plattformen en mycket låg handelsavgift och avancerade säkerhetsfunktioner. Således har plattformen inom 2,5 år fått betydande antagande bland kryptoanvändare och blev den största kryptobörsen per handelsvolym i världen. För närvarande hanterar plattformen ungefär en genomsnittlig daglig volym på 2 miljarder med 1 400 000+ transaktioner per sekund.

BNB är den ursprungliga symbolen för Binance- plattformen och används för att betala transaktionsavgifter på börsen

Vi kommer att göra en serie guider som utforskar alla detaljer i Binance-utbytet.

Säkerhetsöverträdelser tidigare. Plattformen har emellertid meddelat att det skapats en ”säker tillgångsfond för användare” (SAFU) som kommer att lagra 10 procent av alla handelsavgifter för att täcka förluster i extrema situationer.

Dieser Beitrag wurde am 2. Januar 2021 in Bitcoin veröffentlicht.

Bitstamp suspends XRP trading and deposits for its US clients

Bitstamp is the first major exchange to suspend trading and XRP filings following SEC allegations. Other platforms may follow suit.

Bitstamp suspends trading and filings by XRP for its US clients.
FacebookTwitterLinkedInTelegramWhatsAppCopy Link
Bitstamp suspends the XRP
The cryptomonaie platform Bitstamp announced on Saturday 26 December that it would temporarily cease trading and XRP deposits for all its American clients following accusations by the Securities and Exchange Commission (SEC):

„In light of the recent complaint filed by the SEC against Ripple Labs Inc. alleging that XRP is a security, we will cease all trading and filings of XRP for our U.S. customers on January 8, 2021 at 21:00 UTC. »

Thus, Bitstamp’s restrictions will only apply to US customers. In addition, XRP withdrawals from customers located in the United States will still be permitted.

Bitstamp is the first major exchange to suspend XRP trading. Smaller platforms such as Beaxy, Cross Tower and OSL have already taken the plunge.

In addition, there have been rumours that Coinbase has entered into discussions with lawyers regarding a delinsting of XRP. Coinbase is in a delicate position as the exchange is currently preparing its IPO with the SEC. As a precautionary measure, the platform could withdraw the XRP.

👉 Read more on the same subject: SEC takes Ripple to court – XRP price collapses and delistings begin
Other reactions
Bitwise, a fund manager of cryptomoney funds, also liquidated $9.3 million of XRP held in its Crypto Index:

„Bitwise 10 Crypto Index Fund does not invest in assets that may be considered securities under federal or state law. »

MoneyGram, the global money transfer service, has also clarified the nature of its partnership with Ripple. In a press release issued on December 23, MoneyGram revealed that it has never used Ripple’s counterparty services, namely the On-Demand Liquidity (ODL) and RippleNet for foreign exchange transactions.

While MoneyGram has quickly changed course, Japanese financial group SBI Holdings said the SEC lawsuit does not yet affect its partnership. Ripple’s preferred partner said :

„As far as we are aware, the lawsuit is ongoing and no injunction has been issued against Ripple, the company continues to operate as usual and to expand RippleNet. »

The XRP rate fell from $0.63 to $0.23, a drop of almost 63% in one week. XRP is trading at $0.276 at the time of writing.

Dieser Beitrag wurde am 27. Dezember 2020 in Bitcoin veröffentlicht.

Miami mayor praises Bitcoin as ’stable investment

Miami mayor praises Bitcoin as ’stable investment product‘ in times of crisis

Miami Mayor Francis Suarez is the next influential person to publicly praise Bitcoin (BTC), further highlighting the adoption of the market-leading cryptocurrency.

In a related tweet on Thursday, Suarez calls Bitcoin a „stable investment product in a year marked by incredible instability“. He added that he has been educated about the Bitcoin Blueprint digital currency by prominent crypto experts such as Tyler Winklevoss and Anthony Pompliano.

Great insight into how @Bitcoin has been a stable investment during and incredibly unstable year…currently reading Bitcoin Billionaires @tyler. @APompliano any other good reads? https://t.co/nenQ5xmfi7
– Mayor Francis Suarez (@FrancisSuarez) December 24, 2020

Both Winklevoss and Pompliano subsequently responded to Suarez’s tweet. Tyler, for example, said he plans to bring the Miami mayor, along with his brother Cameron, a signed copy of their book „Bitcoin Billionaires“ the next time they’re in town.

Miami is well on the way to becoming the Bitcoin city
– Pomp (@APompliano) December 24, 2020

Pompliano, meanwhile, said Miami is well on its way to becoming the first „Bitcoin city“ in the US. This idea was echoed by another Twitter user, who suggested that the mayor incorporate blockchain technology into the city’s political life. Suarez doesn’t seem averse to this, as he replied, „We’ll definitely look into that!“

Absolutely exploring that @APompliano @GrapefruitTrade https://t.co/mbpbSMkfEI
– Mayor Francis Suarez (@FrancisSuarez) December 24, 2020

Francis Suarez was elected mayor of Miami in November 2017 as a non-partisan candidate

Prior to his career in politics, he had worked as a lawyer and worked in real estate.

Miami is being touted as one of the most interesting hubs for cryptocurrencies in the US, due to the city’s lax regulation and abundant capital. The North American Bitcoin Conference, attended by notable industry figures such as Charles Hoskinson, Roger Ver and Riccardo Sagni, was held in Miami earlier this year.

The current skyrocketing of the market-leading cryptocurrency, driven by increased interest from major investors and corporations, has put Bitcoin back in the spotlight. Adoption of the cryptocurrency is increasingly seen as an advantage in times of crisis and economic uncertainty.

Dieser Beitrag wurde am 27. Dezember 2020 in Bitcoin veröffentlicht.

Bitcoin atinge USD 23.000, superado pelo XRP (ATUALIZADO)

Após ter ultrapassado US$ 20.000 pela primeira vez desde dezembro de 2017 ontem, o bitcoin (BTC) avançou mais de US$ 3.000 em menos de um dia. Enquanto a dominância do BTC aumentou, a moeda mais alta não é a que tem melhor desempenho no top 10 do clube hoje. (Atualizado às 09:29 UTC: atualizações em todo o texto).

Na hora dos pixels (09:24 UTC), o BTC negocia a USD 23.449 e aumenta 21% em um dia e 27% em uma semana. O preço subiu 36% em um mês e 243% em um ano.

Gráfico de preços do BTC:

Bitcoin atinge USD 23.000, superado pelo XRP (ATUALIZADO) 102

„Enquanto USD 20.000 é apenas um número, a verdadeira história é que levou apenas 12 anos para que o bitcoin se tornasse um ativo financeiro geralmente aceito. É claro que cada vez mais os investidores estão adotando o bitcoin como um hedge eficiente para a inflação e ou um substituto ou complemento para o ouro. Quer a adoção do varejo tradicional ocorra realmente, continua havendo um forte argumento para que o bitcoin seja visto não apenas como uma legítima reserva de valor, mas como um hedge de inflação em tempos de incerteza econômica“, segundo Matteo Dante Perruccio, Presidente Internacional da Wave Financial Group.

Hoje, entre os 10 principais criptoassets por capitalização de mercado, o BTC é superado pelo XRP (+24%). Entretanto, o XRP de 24 horas atingiu apenas USD 8,69 bilhões, comparado com os USD 45,7 bilhões do BTC.

Outras moedas de primeira linha aumentaram de 3%-17% nas últimas 24 horas.

Além disso, a dominância do BTC, ou a porcentagem da capitalização total do mercado, está próxima de 66% hoje. Em novembro, ainda estava em 60%.

„A subida do Bitcoin acima de USD 20.000 é mais um marco no que tem sido um ano épico para a criptografia“, disse Paolo Ardoino, Diretor de Tecnologia na Bolsa Bitfinex.

„Mas a história principal não é sobre especulação ou negociação. Bitcoin representa uma monumental mudança tecnológica, cujas conseqüências só agora Crypto Bank começam a ser vistas. Os críticos devem prestar atenção à dedicação silenciosa das camadas de construção sobre esta tecnologia que mudará a própria natureza do dinheiro até o final desta década“.
Brian Armstrong, CEO da Coinbase Exchange, advertiu os investidores que podem estar se concentrando em especulações de curto prazo e encorajar os clientes a buscar recursos e consultar consultores financeiros para entender melhor os riscos associados ao investimento em moedas criptográficas.

„Para aqueles que acreditam no potencial da criptografia, todos nós também temos que acreditar que ainda estamos nos estágios iniciais e que há muito mais por vir“, disse ele em um post de blog.
O „preço agora vai passar de linear para parabólico“ em parte porque os investidores de varejo têm estado até agora „fora deste rally“, disse Kay Van-Petersen, Macro-Estratégista Global da Saxo Capital Markets Pte em Cingapura, à Bloomberg.

Enquanto isso, de acordo com Dave Weisberger, co-fundador e CEO da fornecedora de software comercial CoinRoutes, USD 20.000 podem formar um novo nível de suporte „a menos que haja notícias realmente negativas“.

„A força do Bitcoin depende muito do fato de o dinheiro do fiat ser copioso e não recompensador. Se os bancos centrais apertarem a política monetária e/ou os governos tomarem medidas para reduzir os déficits, a atratividade da Bitcoin como uma cobertura da inflação e fonte de rendimento escasso pode diminuir rapidamente“, disse Frances Coppola, autora de „The Case for People’s Quantitative Easing“, à Bloomberg.

Dieser Beitrag wurde am 17. Dezember 2020 in Ethereum veröffentlicht.

Binance’s trading volume is the highest ever: $37 billion in one day

The volume of trade in the world’s most popular crypto currency exchange has skyrocketed after a rise in the three major tokens.

With Bitcoin trading at less than $1,000 from its December 2017 high of $19,891, trading on the large Binance crypto currency exchange is also reaching a new record with a volume of more than $37 billion in the last 24 hours.

According to CoinMarketCap data, Binance’s daily trading volume has reached $37,291,444,117, a 40.5% increase in the last 24 hours. Last week, the analysis site reported $25 billion in trading volume for Binance.

In addition, the open interest of Bitcoin futures (BTC) in Binance reached an all-time high of $1.17 billion, according to the Glassnode cryptanalysis site.

The rise accompanies the upward movement in the prices of the major cryptoactives. Bitcoin’s price is over $19,100 at the close of this edition, up 4% from yesterday; Ether (ETH) has risen over 25% in the last week to $605; and yesterday XRP rose to an annual high of $0.73 after more than doubling in the space of a week.

Although the exchange is attracting more trading activity than ever before, it is doing so without the US users. Several US-based Twitter users have reported an email from Binance informing them that they have 14 days to close their accounts. The exchange said the accounts will be blocked if they do not withdraw all the funds by the deadline. Binance has been restricted to users living in the US since September 2019.

Dieser Beitrag wurde am 14. Dezember 2020 in Bitcoin veröffentlicht.

$ 165 million in Bitcoin transferred for just $ 1.20 in fees

Bitcoin is known for its large transactions at low fees.

A user just sent $ 165 million worth of bitcoin with a fee totaling around $ 1.20.

Bitcoin may be the easiest and most efficient way to send large sums of money.

Most Bitcoin evangelists know that two of the main advantages of cryptocurrency are its ease of use and its lack of restrictions when transferring

On the day of December 8, a user made a gigantic bitcoin transfer of $ 165 million in a single transaction . The transaction fee was 0.00006520 BTC, or about $ 1.20.

Someone just transferred $ 165,000,000 to #bitcoin and paid a fee of 0.00006520BTC or around $ 1.20
One dollar and twenty cents.

This is a transaction fee of 0.00000072%

No third party needed to do this.
No one could stop him.
No one can reverse that.

Most Bitcoin evangelists know that one of the main advantages of cryptocurrency is its ease of use and the absence of restrictions when transferring.

Earlier today, a user sent a massive $ 165 million bitcoin transfer in a single transaction. The transaction fee was 0.00006520 BTC, or about $ 1.20.

Decentralization keeps the network from being run and abused by a single party, but the ability to transfer large sums quickly and cheaply is perhaps one of its most important use cases.

Bitcoin versus other value transfer platforms

While Bitcoin is quickly becoming a dominant global asset, there are other platforms that offer much more value. How do the pricing structures compare then?

At the retail level, if you want to send money to someone, you may be charged a flat or proportional fee (or both) to send money to another user.

For example, if you want to send money through PayPal, it will typically charge specified users a 3.5% fee on the transferred value. If this rule had been applied to the Bitcoin transfer above, this user would have spent $ 5.7 million in fees.

On another platform, such as MoneyGram, a popular international retail money transfer platform, users are charged a fee of US $ 5-20 depending on how quickly they want to receive their money. If you choose the $ 5 fee, it may take 3-5 business days for your money to be transferred.

Even though some complain that Bitcoin transactions are not instantaneous like cash or credit cards, they can still be completed within minutes if the network is not busy.

Asset portability

No one knows who this mystery user is or who he’s sending the money to, but it’s easy to move value across borders with Bitcoin.

One of the biggest drawbacks of physical assets is the lack of portability. If someone has $ 165 million and has to move it to another country, doing so physically would likely be a huge burden.

Dieser Beitrag wurde am 9. Dezember 2020 in Bitcoin veröffentlicht.

Bitcoin is accepted for U.S. passport-services via

U.S. citizens can now pay for some Bitcoin passport services.

Peninsula Visa will partner with Coinbase Commerce to offer this payment option.

Although this is a first in the U.S., Venezuela had already experimented with paying for passports in BTC.

The Trust Project is an international consortium of media organizations based on transparency standards.

Peninsula Visa, a U.S. passport and visa issuing company, now accepts payment in Bitcoin Evolution for some of its services. According to a press release, the company will allow its customers to pay for passport renewal, name changes and a second passport, all through cryptography.

U.S. citizens can now pay for certain passport services with Bitcoin. Peninsula Visa announced on November 11th the change of its accepted payment methods.

Anticipating an increasingly digital post-coronavirus world, the company describes the service as „the right move at the right time“.
Peninsula Visa becomes the first U.S. shipping service to accept Bitcoin

The method of payment in Bitcoin will be provided by Coinbase Commerce. Although the Coinbase payment platform supports alternative cryptocurrencies, nothing in the press release or the product page suggests that Peninsula Visa accepts payments in digital assets other than BTCs.

The company, founded in Silicon Valley in the 1970s, says it plans to expand the passport services it offers via Coinbase payment over the next 12 months.

Evan James, its chief operating officer, said the decision was the right one, given the predictions of an increasingly digital, post-COVID world. He added that Peninsula Visa was delighted to be the first US company of its kind to accept BTC.
Protection against the votility of the BTC

For many industry observers, Bitcoin has somewhat failed as a payment network. The volatility of its price makes its acceptance for goods and services a real headache for some companies.

Peninsula Visa aims to protect itself from this situation by offering a payment window in which the exchange rate is blocked for ten minutes. According to its website, the company can provide a new exchange rate after this period, depending on the evolution of the BTC rates.

A first for the United States, but not worldwide

As mentioned, Peninsula Visa offers the first U.S. passport services for Bitcoin payments. However, at least one other country has already experimented with passport payment by BTC.

As reported by BeInCrypto.com in July, the Venezuelan government has also begun accepting Bitcoin momentarily for passport payments. The launch of this test was due to a new round of U.S. sanctions that hindered the South American nation’s ability to conduct international transactions.

Although censor-resistant Bitcoin payments seem appropriate to Venezuela’s situation, the tests appear to have been short-lived. Indeed, the BTC payment option disappeared from the site shortly after its release.

Dieser Beitrag wurde am 16. November 2020 in Bitcoin veröffentlicht.