Wally F

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【Crypto in One Word Award 2020】The Word Has Been Chosen!

Choose your Favorite Crypto Word-of-the-Year 2020. Which one do you think is the most deserving word?#Bitcoin #giveaway #crypto #BTC #prize #cryptooneword— BTCBOX (Eng.ver) (@BtcboxE) December 2...
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Cointelegraph’s Internal Organization : Interview with Demelza Hays ②

Cointelegraph has 8 million views per month. We have hundreds of employees and hundreds of freelancers, so it's a massive team. The organization is very decentralized, which is what I love about it. We have small groups that make decisions for a specific area they work in. We have Cointelegraph Espanol, Cointelegraph Portuguese, Cointelegraph English, and we also have Cointelegraph YouTube, Twitter, SNS, and many more. I am the Director of the research team, and I have 7 people in my group. We interact and discuss our tasks every day, but it's all remote. There are many employees at New York and Hong Kong hubs, so they do meet up at coworking spaces to work together as if it were an office. However, most of us are working remotely.
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Edward Snowden On Bitcoin, with Naomi Brockwell

Digital currency in the general sense, cryptocurrency in the general sense, does not solve the problem of inflation and hidden taxes in that way. Bitcoin, in a large way, makes it more predictable, in that it has a predictable low rate of inflation, which is constantly decreasing. But as you say, the problem when we talk about everybody moving to digital currencies, we know the bitcoin network doesn't support throughput. Unfortunately, the bitcoin network, as it exists, does not provide the privacy and protections really necessary for these kinds of transactions at scale.
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Hong Kong Dollar Peg : Interview with Leo Weese ②

The Hong Kong currency issue is not that much about the gold reserve, but more about the currency peg. The Hong Kong dollar is pegged to the US dollar, and this peg is quite interesting in that it is fully backed. So, for every 7.75 to 7.85 Hong Kong dollars, there is 1 US dollar. In the history of currency pegs, this is a unique thing. This means that the peg is more or less indestructible, but there are still a lot of interesting political fears. For example, we have to ask if it is desirable that this peg is being kept. There might be some political turning point for when it might be desirable to change this peg. When that happens, how would that impact the local economy?
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Why Did He Buy Over 1.6 Billion Dollars of Bitcoin? : Interview with Michael Saylor MicroStrategy CEO ①

The single most important feature of Bitcoin is the fact that it is thermodynamically sound. Bitcoin is a closed thermodynamic system with no more than 21 million coins. You can't add or remove coins other than losing them. It's a deflationary system, and all you can do is add energy to it or take energy away from it. So, you can either heat it or cool it down. What is compelling about Bitcoin is that it is the first sound monetary network invented in the history of the world. I view it as a monetary energy network that can collect, store, and channel monetary energy and space over time without power loss. Energy means you could put money in it and hold it for a decade or 100 years. Over space means it's 1:1000 to 1:10 000 of the energy required to move gold or other sources of monetary energy. Therefore, it is a highly efficient monetary network. That's what's compelling.
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【Crypto in One Word Award 2020】The final candidates are chosen!

On this occasion, after an impartial examination, we will now announce the selected 4 candidates. We received some very interesting and brilliant tweet posts that show knowledge, interest and relevance to the crypto space. Finding a word for this year is hard because so many things did happen leading to this amazing current bullish run.
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3 Business Models of the Gaming Industry : Interview with Sebastien Borget The Sandbox COO ①

In the game industry, you have 3 traditional business models for monetization strategy developers use to drive revenue. One is you purchase the full game right away; you buy a game in a box or online and download it to play it without any additional purchase. Thus, you get the full game straight away. That used to be console games you would buy for around 60 dollars. You would play it, finish it, and that was it.
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How is it working for a Crypto media platform? : Interview with Aaron van Wirdum Bitcoin Magazine ①

Working for a media platform in the Crypto space has been an interesting experience. I have been with Bitcoin Magazine for 5 years, and we have had some exciting years so far. We have seen a couple of price surges, all the scaling wars, and many phases more. Now, I have also drifted into the role of a historian, becoming a little bit of a Bitcoin historian. Thus, I would say I have changed and grown as a person and a writer. It's nice that I can drift into different types of areas. In that sense, the Bitcoin Magazine team has given me a lot of freedom to follow and write about my interests.
Interview

How did Bitcoin Magazine start? : Interview with John Riggins Bitcoin Magazine (All Interviews)

I got into Bitcoin in my senior year at University in 2013. A group of friends discovered Bitcoin, and us being a little libertarian-minded, we thought it was very interesting. After college, I took a job at FedEx, an American multinational delivery services company, and worked in a revenue strategy group developing alternative payment options for countries around the world. Thanks to that position, I spent some time in Asia. Together with the team back then, we onboarded Alipay and WeChat pay. Spending some time especially in China blew me away by how far ahead Asia was getting in terms of digital payments.
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Notification on resumption of Bitcoin Cash (BCH) deposit / withdrawal

Although BTCBOX had temporarily stopped depositing and withdrawing BCH, we have now resumed deposit/withdrawal transactions. We do support BCHN(Bitcoin Cash Node)Please note that you cannot deposi...
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Young Hackers are Graduating : Interview with Dmytro Budorin Hacken CEO ①

Hacking has become a trend online. There are a lot of forums and platforms, especially a very big Russian forum where you can do a course on how to hack an individual. Thus, a lot of 14~15-year-old children do those courses, and after a couple of months, they start hacking and attacking people online. Unfortunately, it is reality. Today, you can find anything on the internet. In the Russian language, such online sites and such promotions are not banned. There are ways to ban such websites, but no one is doing anything about it. Then authorities do not consider such issues, similar incidents will happen in all countries around the world.
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The mechanism of Sim hijacking : Interview with Haseeb Awan

The most common way to be sim swapped is when someone contacts your wireless carrier and is able to convince the call center representative that they in fact are “you”. They use your personal data that's often exposed in hacks, data breaches, or information you publicly share on social networks, hence at worst dark or deep web. When the call center employee is convinced, they ask for switching the sim card linked to your phone number, and replace it with their sim card. Once your phone number is converted to a new sim card, all of your incoming calls and text messages will be diverted to the newly switched sim card that is in illicit hands.
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NFT and Art : Interview with John Crain SuperRare CEO ①

NFT, Non-Fungible Token, is a token standard. The main feature of an NFT is that it has a unique ID. If you mint an NFT, you will have a unique ID for a given set of data. You will be able to see specifically who is using the specific token, and where it is. If I sent it to you, you will also be able to track that it has been transferred. Thus, the unique ID of the NFT is why it is interesting for art and the art world. NFT’s provide provenance, meaning it makes it possible to track its history. You can see who has ever owned the art piece, when it was created, is it the real piece or not, etc. By confirming that, we can reduce the amount of forgery which is pretty prevalent in art.
Interview

Ethical Issues in Generating a Coin : Interview with Charlie Lee (All Interviews)

I wouldn't say it is “not ethical” to hold your coins, but when people complain saying “ You don’t have skin in the game”, the reality of the matter is that it is my creation and I am tied to the success of Litecoin. Now, if Litecoin succeeds, that is good for me. I don’t need to additionally tie my financial interest in the coin. It actually could be a misalignment of interest for the creator to hold the coin. For example, one could be releasing fake news, and making announcements to pump the price to profit off of. That’s not good for the success of the coin. That said, I don’t think it would be an ethical issue to hold your coin, but it depends on what you do and what your actions are as a coin creator. If you are working on your coin and your goal is to make it successful, the price will follow that.
Interview

3 Business Models of the Gaming Industry : Interview with Sebastien Borget The Sandbox COO (All Interviews)

In the game industry, you have 3 traditional business models for monetization strategy developers use to drive revenue. One is you purchase the full game right away; you buy a game in a box or online and download it to play it without any additional purchase. Thus, you get the full game straight away. That used to be console games you would buy for around 60 dollars. You would play it, finish it, and that was it.
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About New Year Business Hours (2020-2021)

Thank you for always supporting and using BTCBOX. We would like to inform you that we will be suspending some services during New Years holiday from Thursday 31st December 2020 to Sunday 3rd Janua...
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(The campaign has ended) 40 People Win 5,000 JPY with Easy Trading – Winter Bonus Sharing Campaign

The campaign has ended Thank you for always supporting BTCBOX. At BTCBOX, We are running a “ 40 People Win 5,000 JPY with Easy Trading” Even beginners can useEasy Trading totrade cryptoc...
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Change of Cryptocurrency Deposit Address

Thank you for always using and supporting BTCBOX We carried out a cryptocurrency wallet update to strengthen our security on November 21th. Due to the wallet update, the user’s cryptocurrency d...
Blog

​What Is Happening To My Money in The Banks : Interview with Lyn Alden ①

Historically, there has been currency devaluation where governments have printed a massive amount of money, or they have a prolonged period of interest rates being below the inflation rate. So, they slowly chip away your wealth over time. In those periods, those scarcer assets tend to do very well. Thus, whether it is gold, silver, equities. real estate or in this case Bitcoin, I think going back to the history of fiat devaluation and why they tend to happen, why they don’t happen in some periods but do in other time frames is important.
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What is Supporting WBTC : Interview with Kiarash Mosayeri Product Manager at BitGo

WBTC is a product of BitGo, one of the oldest players in the industry. Kiarash Mosayeri, Product Manager at BitGo, explains what the WBTC product is all about, and how it is connected to other E...