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BitPay's CEO Says Blockchain Is More Than 3-5 Years to Accept Payments

In an interview with CNBC, Stephen Pair, CEO of BitPay, said the estimates of how and how Bitcoin will be adopted in the future made Bitcoin's value more valuable than the, real benefit Bit.

Considering the past values of Bitcoin, he talks about the reasons behind his current value, Pair says:

Esi The biggest component of the current value of Bitcoin is the speculation that is currently taking place, its future use, and the investors who estimate on the adoption of Bitcoin technology. I'm sure the ıy real benefit küçük is only a small part. Em

Bitcoin stock exchange investment fund (ETF) when asked about the potential of its effect on the price race, he replies. F it's not just the adoption or launch of the ETF'n because it's also accelerator of price mobility can also be. But of course ”Adoption will accelerate the price increase“ he adds:

Göre If we consider what we have seen in the past, I think we will see such prices in the future. “

While answering the question about the use of blockchain-based cryptoparas in daily operations, the CEO of BitPay says that he expects such an adoption to take place within 5 years:

”I expect from the restaurant within 3-5 years to accept a blockchain payment for any imaginable location, from selling it to retail sales.“

Pair is not only ”Blockchain and different tokens“ but also Üzerinden Euro or dollar traded on blockchain “ also says that.

Hester Peirce, a broker from the US Securities and Exchange Commission, says the approval of Bitcoin's ETF is not in the immediate vicinity. Earlier this month, Pierce did not expect the Cryptopara community to be ready because your approval maybe tomorrow maybe 20 years later He said he could.

According to a study published by the Cambridge Alternative Finance Center, the number of crypto-users is almost doubled. According to Bloomberg, although the prices are falling, the number of crypto-user base increases Mes It may be a message that prices have improved soon. Karşı

Source: cointelegraph

Related Topics:Bitcoin ETF crypto guide cryptocurrency

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Real crypto OG's will rally around me.

The real ones that know the truth, and what happened from day 1.

Talk to you guys soon.⏳#FreeTrevon

— Trevon James, Founder of our.glass Crypto (@BitcoinTre) May 28, 2021

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph