Wally F

Blog

We cannot apply Online rules to Offline Real World : Interview with N S Nappinai ③

I have heard a crypto evangelist talk about how your entire life can run without a footprint in the real world. You may claim all of this, but at the end of the day, each of us as human beings who are dabbling in technology are anchored to the real world. As much as we want to say that we don't live in this world, and we don't need regulation, but when you shut your computer and step out on the road, don't you need your government to protect you physically? If the same anarchy that you want online were to exist offline, where would you as a human being be? I wonder why we are averse to regulation, and so averse to central authority when it is the same authority or regulation that we turn to when it comes to protecting our physical self.
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Lack of income streams in Banks : Interview with Marc Friedrich ②

Many banks said that we need new income streams. They are losing income streams because they have negative income rates, so we have to pay the European Central Bank (ECB). People go to online banks and everything is cheaper there, so the regional banks and the big banks need new income streams.
Interview

Crypto Education Friendly Switzerland : Interview with Marcel Harmann from SEBA (All Interviews)

In Switzerland, the government was always open-minded. In 2018, president Johann Schneider-Amman publicly stated that Switzerland should be a crypto nation. Governments are big bodies that take time for things to get done, but it moves here and that is a good thing.When I joined, Prof. Dr. Georges Grivas was the one who initiated the first course within Switzerland. He has a great recognition of technologies that are becoming popular and relevant for the future. He decided to implement it rather early, and therefore was the first one. It was one of my major decision to join this university even though I had the opportunity to join many others. However,The Lucerne University of Applied Sciences and Arts was the first to implement blockchain and Crypto courses and is the longest-running university with such programs.
Interview

Art for Crypto : Interview with Vesa Kivinen (All Interviews)

The future of crypto art is going to be absolutely beautiful. Right now we are definitely entering a stage where we are waiting for the bull run. I do think that there is a disproportion of a number of artists in the space in conjunction with a number of collectors. The collectors are slowly coming in the NFT world and are starting to understand many problems with physical art pieces of what crypto solves here. Nevertheless, there is a big cognitive dissonance where many people have in crypto which is that they might be full-on in Ethereum and no other platform.
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Proof of Stake Mechanism : Interview with Philip Matov from ConcenSys ②

ETH2.0 is offering an alternative consensus mechanism called staking; if you are a holder of Ethereum you can stake that Ethereum in order to protect the system and in order to validate the transaction. If you have any bad intentions, you will be penalized because you have staked that Ethereum.
Notification

Notification about the Bitcoin Cash(BCH) Upgrade

Thank you for your constant support to our service.We would like to inform you as our respondent policy about the upgrade of Bitcoin Cash (BCH) that is predicted to be carried out on the 15th May 2020...
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Crypto Youtubers Influence Bitcoin Price : Interview with Lark Davis ①

Cryptocurrency YouTubers do have an influence on the price of bitcoin, however I believe that it depends on how engaged the community is. It can be quite a significant influence, especially if we start taking about smaller market cap coins. For instance, so if you are a crypto Youtuber with a large audience, and you start promoting a smaller market cap coin, there is a chance that the price of the coin actually might move because the volumes are quite small. Likewise, companies who are looking to do fundraising can see investments return from having content creators promote their products. So there definitely is influence there.
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Check if people’s claim are True or not : Interview with Bobby Ong from CoinGecko ③

If someone claims that their coin has the biggest community, they can easily back it up by saying ”look we have xx number of people liking us on Facebook, on twitter” or “ we have so many posts and comments, communities and activities on Reddit”.
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The “Sit, See, Wait, and Bear” Situation : Interview with Ian Gauci ③

The crypto industry is not a “see and wait” kind of situation. “See and wait” would only apply if it is not affecting you. If it’s affecting you it would be a “sit, see, wait and bear”. Bear what? You will have to bear the consequences, and part of that would be that the reaction to a situation especially in such a market might be too late.
Notification

Notification of Withdrawal Process Time Change due to Trust Commencement

Thank you for always using BTCBOX.In accordance to Law and regulation revision, the JPY deposits from the customers shall be entrusted to the JSF Trust and Banking Co., LTD.Due to this, JPY withdrawal...
Blog

The New Generation : Interview with Ashim Sood ②

If I was to be a little philosophical about it, I think fundamentally the new generation will bring a new element of fearlessness and innovation to this country. These are young people who have much less to lose, and they live life differently from the previous generations.
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Paper money will not work on Mars : Interview with Zee Zheng SpaceChain CEO ①

n the next century, we could move to Mars and colonize it, and I wonder what form of currency we would be using. Mars is an entirely new entity, and separate from the world economy, so world currencies like the Japanese Yen or the US dollar will simply not cut it.
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The Biggest Crash of All Times : Interview with Marc Friedrich ①

believe that the biggest economic crash of all time will happen latest 2023. It’s starting earlier than I expected. It is about the sick policy of the central banks worldwide, and the problem of our monetary system. You’ve got the fiat monetary systems, every bank and every central bank is creating money out of thin air.
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I Always Wish India would Lead : Interview with N S Nappinai ②

There were two government committees that were formed to decide on what to do with cryptocurrency. The first committee was for regulation, that's why they suggested a crypto asset bill. The second committee said "just ban it all", and in fact the proposed legislation was called “Banning of Cryptocurrency Act”
Notification

About Business Hours During Golden Week

Thank you for always supporting BTCBOX.The business hours for the 2020 Golden Week Period (2nd May ~ 6th May) will be as the following.Service Operation ChangesBank Transfer Deposit of Japanese yenSeq...
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Lightning and Liquid : Interview with Blockstream Allen Piscitello ④

Lightning Network is a technology layer for Bitcoin and Liquid. It allows people to do a settlement process (transaction) nearly instantly and that for nearly 0 fees. In other words, if I opened a Lightning channel to you, we would both put in money.
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Hacks and Poor Network Security : Interview with Frank from Whale Alert ④

People call it hacks, but most of the time it is poor security leading to hackers stealing money from exchanges. So the word “hack” actually describes what happened. Anytime money is stolen from someone and it is transferred, people call it a “hack”. But it doesn't necessarily mean that Bitcoin or a blockchain is hacked.
Interview

Crypto Youtubers Influence Bitcoin : Interview with Lark Davis (All Interviews)

The crypto community on Youtube is absolutely huge! It is hard to say how big, but I have 115000 subscribers which is cool, but there is at least a million people go to youtube and get some variety of cryptocurrency related content as there is a lot of different potential content. I focus more on news and a little about trading as well, but then there are channels that focus just on news, just on trading, or just reviews so they appeal to different audiences. Different content creators will also appeal to different audiences. I am a character, and I am a bit weird and that's OK! I just try to be me but I may not be for everybody. Maybe somebody who thinks “this guy is a bit too weird for me”, maybe that person likes DataDash more because he is a bit more serious and he also has great content. You also have a great choice of content as a consumer on youtube from many of different perspectives, different points of views, personalities and focuses. So, you are really spoiled as somebody who is watching on youtube as you have got lots of great options out there.
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ConcenSys and Ethereum : Interview with Philip Matov ①

ConsenSys was found in 2014 by Joseph Lubin only a few months after the foundation of Ethereum. Today, it is the world’s largest blockchain technology company for enterprises and governments. While Ethereum is managed by the Ethereum foundation, Joseph Lubin who is one of the co-founders of Ethereum, started ConsenSys with the mission to build the tools and develop the ecosystem of Ethereum.
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Cashless Society is Inevitable : Interview with Bobby Ong from CoinGecko ②

Malaysia has taken a quite a proactive role in drafting crypto regulation. The government has given out 3 licenses to 3 exchanges so far, one of them called Luno Malaysia Sdn Bhd has started operating, while the 2 other exchanges, SINEGY Technologies (M) Sdn Bhd and Tokenize Technology (M) Sdn Bhd, are still pending final approval. I think that in terms of associations, there are multiple association, but they are not the kind of self-regulatory bodies like it is in Japan.