Brisbane becomes World’s first Crypto-Friendly Airport

Brisbane becomes world’s first crypto-friendly airport, over 30 stores accepting Bitcoin! Visitors to Brisbane Airport can now pay for goods using cryptocurrency, as a new service was formally rolled out over the weekend… A new collaboration between Brisbane Airport and TravelByBit came into force over the weekend. The upshot of it? You can now use cryptocurrencies at over 30 retail stories on the Brisbane Airport complex, with more on the way. A multitude of currencies are being accepted, and the formal rollout follows testing and trials over the past couple of weeks. Now, visitors to the airport can use special payment systems to quickly and easily pay for goods whilst on their travels. Here’s a video released by TravelByBit that demonstrates how the payment system works… Stores in Brisbane Airport have started displaying signs confirming that they accept crypto. Thus, even if travellers don’t use it as of yet, they’ll be aware that Brisbane Airport is cryp…
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4 Unusual Places Where Bitcoin Payments Are Accepted

These days it's pretty usual to see store's, restaurant's  and even taxi's accepting payments in Bitcoins or other Cryptocurrencies. However as Cryptocurrency popularity grows there are more and more places where digital currency is welcomed. Here are 4 slightly unusual and different places where you can pay with Crypto.   Funeral Service The private funeral service Crescent Tide Funeral & Cremation from Minneapolis. A discount of 3% is provided if you pay with Bitcoin.   Gentlemen’s Club Private gentlemen’s club Legends Room in Los Angeles accepts Bitcoin and any other Cryptocurrency that is traded on the Bittrex exchange. You can pay for everything with digital money – from drinks in the bar to private dances. The club even has a special Bitcoin ATM. Additionally Legends Room has its own cryptocurrency – Legends (LGD).   Mosque Turkish Mosque Shacklewell Lane in London’s Hackney. It’s not about paying with cryptocur…
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Bitcoin Fees are at their Lowest in Years

Fees on the bitcoin network have reached their lowest in seven years, with the median cost of sending BTC currently standing at $0.11. While there are several reasons why BTC fees are low, one of them is obvious: less people are using the network. The number of daily transactions has dropped sharply since last year, and has declined further in the past month. It is no secret that the number of on-chain bitcoin transactions, along with those of other blockchains, has dropped significantly since late 2017. This mirrors the decline in the valuation of bitcoin and most other digital assets during this timeframe. On December 14, almost half a million BTC transactions were recorded in a single day. By February, this figure was averaging below 200,000 a day. On April 24, the number peaked at 254,000, but has since declined, reaching a low of 158,000 on May 26, according to Bitinfocharts.com. In early April, the median BTC transaction fee dropped to under 10 satoshis per byte bef…
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Is Bitcoin Safe?

You may have asked the question: is Bitcoin safe? on multiple occasions. Should you really think to put your money into Bitcoin? Well, Tim Draper is an investor with renowned opinions about the cryptomarket. He is an avid believer in the positivities of crypto and his bullish position has earned him many followers and detractors. On multiple occasions, his predicted forecasts have proved successful despite adverse scenarios, and this is something to take into consideration. A few years ago, Draper predicted that Bitcoin would increase by more than 10k, a figure that only a few believed possible at the time. His prediction was met in about one year. A month ago, Mr. Draper also predicted that Bitcoin would cost 250k by 2022. Quite a controversial and yet not impossible figure compared to Bitcoin’s previous performance over time. This Thursday, in an interview for CNBC, Tim Draper spoke about the advantages of using cryptocurrencies over the traditional FIAT system. For …
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Can I accept bitcoin? Should I accept bitcoin?

Virtual currencies have recently been in the news as a result of the US Securities and Exchange Commission’s ruling that offers and sales of digital currencies are subject to federal securities requirements (there has not yet been any equivalent ruling in the UK). Nevertheless, digital currencies have continued to grow in popularity; Bitcoin, the most widely used, has quadrupled in value since the beginning of the year, as a result of the activity of speculators. The use of bitcoin for transactions has also increased: there are now over 16 million bitcoins in circulation, with between 200,000 and 300,000 bitcoin transactions recorded every day. While bitcoin is not yet accepted by many large retailers, it can now be used in an increasing number of smaller outlets and is accepted by some online merchants. So what is bitcoin, and should retailers accept it as a means of payment? How does bitcoin work? Bitcoin is a peer-to-peer cryptocurrency based on distributed ledge…
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Should Bitcoin be used to help countries hit by disaster?

Bitcoin entrepreneurs want to rebuild Puerto Rico as cryptocurrency-fuelled economy. Would that help or hurt the devastated country? Cryptocurrency entrepreneurs have moved to Puerto Rico to build a crypto utopia – initially dubbed Puertopia but now named Sol – where they plan to pay little in taxes. The crypto expats also hope to demonstrate how the city of the future will look with blockchain methods used for most transactions alongside the development of a new digital cryptocurrency. But it’s less clear about whose future – the few or the many – will be the driving force for change on the US territory. Puerto Rico was devastated by last year’s Hurricane Maria and, with inadequate aid from the US, it desperately needs investment to rebuild the island’s infrastructure. Puerto Rico was already facing severe financial difficulty before the calamity. It goes some way to explaining why local authorities are cautiously welcoming the arrival of cryptocurrency entrepreneu…
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Las Vegas Strippers Accept Bitcoin via QR Tattoos

There has been a lot of talk recently about the missing representation of women in the male-dominated cryptocurrency ecosystem. While Las Vegas strippers are not the representation some hoped for, they are an example of how bitcoin can help working women control their financial affairs and avoid potential problems with prudish banks. A Las Vegas news show has featured a segment on an adult entertainment venue in the city which enables its strippers to get payments from clients directly via bitcoin transfers. The use of the cryptocurrency was primarily showcased as a privacy enhancing measure (preventing your wife from seeing the payments on the credit card bills) as well as an attraction for affluent bitcoin investors. The Las Vegas strip club is called the Legends Room and we reported about its opening back in May 2017. The local news team interviewed the founder, Nick Blomgren, as well as a number of the adult dancers at the place. They even explained how visitors can u…
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We’re Giving Away 0.01 Bitcoin – Enter Here!

CONGRATULATIONS TO FIKRI ABDILAH! You've just been  chosen at random to win 0.01BTC which is currently valued at around $114. The winner has been in contact and the winnings has been sent to him! https://blockchain.info/tx/c694d7780c232baf5db521a6fdf0ffbb67b8834362be0798eb506000c9b8c26b COMPETITION IS NOW CLOSED!  We’ll be announcing the winner on Monday! GOOD LUCK! Want to win an amazing 0.01 BTC!?   All this week we're giving one lucky winner a chance to win an awesome amount of Bitcoin. All you have to do is participate in the simple steps below*! Good luck! a Rafflecopter giveaway *Terms & Conditions apply.
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Bitcoin Is Finding Its Way into High Schools

Bitcoin Is Finding Its Way into High Schools Over the past few years, colleges and universities all over the world have been creating courses revolving around cryptocurrencies and blockchain technology. Now the subject is slowly infecting the halls of high school students who want to learn about these emerging technologies. Because of the increased student interest, this week a Business and Personal Finance teacher from Union Catholic High School in Scotch Plains, New Jersey announced plans to add the topic of cryptocurrencies to his course next semester. Younger Generations Are Becoming Very Interested In Bitcoin Students all over the world are interested in cryptocurrencies and the subject is being taught throughout many college campuses. However, the trend is starting to find its way into high school classrooms as younger scholars are fascinated by this technology. Just recently news.Bitcoin.com reported on a high school in Brisbane Australia where students had such an …
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CryptoCelebs: Famous People who are Part of the Cryptocurrency Craze

Cryptocurrency are the latest craze sweeping the world, and it’s not just average Joes dropping their life savings for a piece of the action. Some of the most popular people in the world have used their money, celebrity, and immense social media followings to invest in or endorse cryptocurrency-based businesses and services. A lot of the celebrity support for cryptocurrencies revolves around the Initial Coin Offerings (ICO) the cryptocurrency startups create. An ICO is a fundraising event where a cryptocurrency sells a percentage of that currency, in the form of tokens, to people in exchange for money to help get the cryptocurrency off the ground. A few words of praise from certain celebrities have helped numerous cryptocurrencies earn millions of dollars in funding. Actors, musicians, athletes, and entrepreneurs have all been drawn to the allure of cryptocurrencies. These are some of the most notable celebrity endorsements. Richard Branson, the Virgin Group founde…
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