Ethereum Co-Founder to Address National Crowdfunding Summit in Closing Keynote

March 3, 2016, the 2nd annual National Crowdfunding Association of Canada Crowdfunding Summit will be held at the MaRS Discovery District in Toronto.

Keynotes and panels at the summit provide insights about innovations in global finance and the sharing economy, impact investing, economic growth and market trends, regulatory updates and a fearless look at the future. This year’s theme is “The Future is NOW” and the summit is hosting two presentations with information about the blockchain and how it has changed crowdfunding.

Big Data Investment Trends and Digital Finance Technologies will have blockchain content presented by Steven Dryall, Principal of Incipient Technologies (and content contributor for NewsBTC Canada). Steven will be presenting about asset-based/redemption-oriented digital tokens and the potential opportunities and challenges they bring to new markets.

Of significant note: Ethereum founder Anthony Di Iorio, Chief Digital Officer at The Toronto Stock Exchange (TSX) / TMX Group, co-founder of Ethereum, and founder and CEO of Kryptokit, Decentral and Decentral Consulting will be delivering the closing keynote speech for the summit: How We Raised Over $18M via Global P2P Decentralized Network.

Last year’s event sold out and this year should expect the same.

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The National Crowdfunding Association of Canada is a Canadian non-profit organization engaged with social and investment crowdfunding stakeholders to provide education, research and networking opportunities in the rapidly evolving crowdfunding industry.

Decentralized technologies and crowdfunding have been a natural fit since their inception. The addition of content related to blockchain and decentralized technologies to the National Crowdfunding Summit is exciting and further promotes the ideals of cryptocurrency. It looks like this is going to be an even bigger year for the cryptocurrency industry and in newer ways.

 


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What’s the proper cryptocurrency Christmas gift for the Bitcoiner who has everything? If you’re having difficulties finding the perfect gift for the cryptocurrency enthusiast in your life, here are some suggestions to help your search:

For the Caffeinated


https://www.etsy.com/ca/listing/258099948/doge-coin-shibe-cryptocurrency-theme

 

For the Fashionista


https://www.etsy.com/ca/listing/255088701/bitcoin-necktie-cryptocurrency-mens-tie

 

For the Hipster


https://www.etsy.com/ca/listing/255647072/bitcoin-bow-tie-cryptocurrency-mens

 

For the Pocket

https://www.etsy.com/ca/listing/255545047/bitcoin-pocket-square-cryptocurrency

 

The Perfect Stocking Stuffer

https://www.etsy.com/ca/listing/256001975/laser-engraved-hand-finished-wooden

 

Another Stocking Stuffer

https://www.etsy.com/ca/listing/188853323/bitcoin-accepted-here-1-inch-button

 

Pretty soon the North Pole will be using Bitcoin to manage toy distribution, and then the holidays will be even better!

Are you dreaming of a Crypto Christmas? I am and I hope you will enjoy my look at spending your bitcoins.

The holiday season is coming with numerous merchants; many store giants with enormous amounts of dollars in earnings, thinking of accepting bitcoin in return for goods and services. Most are online e-commerce websites, but lots of bricks-and-mortar shops are now recognizing cryptocurrency.

While in the past searching for a bitcoin-accepting retailer for the product you wanted was generally difficult or even not possible, there are increasing choices for people who want to buy with bitcoin this holiday season.

The best method to find bitcoin-accepting stores is through marketplaces and communities. CoinMap.org offers a visible way to find bitcoin merchants in any geographical area and recent businesses are showing at all times. Below are summaries of some of the options you may find.

Spending your bitcoin

No matter how you obtained your digital currency, if it is not for speculation, you are likely to try and spend it some day. So, what are your purchasing options with bitcoin?

The great news is that there are countless small merchants that accept bitcoin all over the World.

Bitcoin gift cards

The simplest way to turn your digital currency into ‘real-world’ merchandise is through gift cards.. If you cannot find online or physical stores that take bitcoin directly for the item you want, gift cards are the catchall choice.

A lot of gift card businesses accept bitcoins and gift cards can be used at a wide  number of large merchants like Walmart, Nike, Amazon, and Target. For US customers, companies like eGifter, iTradeBTC, GiftCardZen and Gyft have the greatest range of choices.

In the UK, Gift Off allows customers to use 15 cryptocurrencies to purchase gift cards for 177 merchants, such as Marks & Spencer, Amazon, Ryan Air, and American Clothing. The service is presently moving out to the EU also, with Germany and France being first to get a more handful of gift card choices. Most retailers and countries are organized to follow shortly.

Note: several gift cards are just legitimate in their country of issue, which is the United States (though overseas customers can still purchase goods and services with gift cards from US merchants most of the time). Other countries have their options; for instance, Australians can see what is offered at Bitcoin Gift Cards. You will probably pay more to trade your bitcoins for gift cards (around 5-10% is common) but on the upshot, you don’t have to deal with transfer or exchange.

Physical outlets that accept bitcoin

With payment solution providers like Ingenico accepting bitcoin you can pay with cryptocurrency at many local retailers now.

BitPay continues to make the process of using bitcoins to make purchases from merchants easier. BitPay offers retail solutions for both physical and online stores. The number of stores that accept bitcoin as a payment option continue to grow as BitPay grows their customer base.

The holidays are quickly approaching. If you are looking to spread some holiday joy this year may be one of the best yet to buy with bitcoin. Crypto Christmas awaits!

 

Thank you for taking the time to read my post. Bitcoin is a pretty new type of currency which is gaining acceptance, but most people yet do not know why they need to take time to make use of it. In this article I will be discussing why using bitcoin is beneficial and why more people should start using them.

Why use bitcoin? Listed here are reasons why it is worth spending time to participate in this digital currency.

It is fast

Whenever you pay a cheque from a different bank to your bank, the bank tends to hold the money for many days. Likewise, international wire transfers will take a long time. Bitcoin trades, however, are faster. Transactions can be immediate or they may take longer depending on the transaction to be verified.

It is cheap

Your credit card trades are immediate but you pay for that advantage. Some retailers will impose money for debit card trades as well, since they must pay a ‘swipe fee’ for satisfying them. Bitcoin transaction charges are nominal in comparison.

There are no chargebacks

After bitcoins are sent, they are gone. Someone who sent bitcoins can’t attempt to get them without the recipient’s permission. This makes it hard to commit the type of fraud that we regularly see with credit cards.

People cannot steal your payment data from retailers

Most internet transactions nowadays are made through credit cards. You to provide all your details into a website form. It is difficult to consider a less safe method to do business online. This is a reason credit card numbers continue to be stolen.

It is not inflationary

The challenge with normal currency is that central banks can print more of it making the value go down. If there are inadequate US dollars to repay the country debt, the Federal Reserve can easily print more. If the economic system is sputtering, the government may take recently produced money and put it into the economy. Inflation is not easy to deal with, and can affect people’s purchasing ability. Bitcoin is built to have an optimum number of coins. Just twenty one million will be actually produced. This indicates afterwards, the amount of bitcoins will not increase, so inflation won’t be an issue.

It is as private as you wish.

At times, we don’t want anyone to know what we have bought. Bitcoin is a comparatively private currency. On the other hand, it is transparent and everybody knows the amount a selected bitcoin address holds. They know where those purchases originated from, and where they are sent. However, compared to common bank accounts, nobody knows who keeps a certain bitcoin address.

You own it

There is no other electronic money system where your account is not owned by another person. If an organization like a bank decides, it has the ability to freeze all the possessions kept in your account. It is then your problem to access your assets. With bitcoin, you own the personal key and the respective public key which makes up a bitcoin address. Nobody can take that from you except if you lose it by yourself.

There are lots of reasons that bitcoin is useful. We should all be using bitcoins at some point and the excitement right now is discovering new ways that everyone can.

8 Things You Should Know About Bitcoins by Jeanie Freshie

Thank you for spending your reading time with another of my articles about Bitcoins. The more I learn about Bitcoin the more interesting it gets…

Bitcoin continues to grow in popularity and there are lots of things to know about Bitcoins. The digital currency is the first decentralized digital currency and includes a great ecosystem unlike any other. Bitcoin has transformed how online payment works in several ways but it doesn’t work like other payment methods. You must be well aware of the difficulties and usage prior to making any transactions.

1) Volatile price

The price of Bitcoin changes frequently. During any period of time, the price can raise or lower based on the market situations. It is advisable not to keep your savings through Bitcoins because you would have a lot of risk. The most sensible thing to do is to change the digital currency instantly to your local currency. Do not hold money in this type if you do not want the risk of value loss.

2) Irreversible payment

Payments being made via Bitcoin are irreversible. The coins can be returned by the individual or organization to which it is sent but the transaction can not be reversed. Only deal with businesses you have confidence in and have information about. Or else, you may be at loss.

3) Trade with Bitcoins

Nowadays, a lot of people use Bitcoins for trading. You either purchase it from a local dealer by paying a cash amount or you can purchase them online. Purchasing Bitcoins may be a difficult task in case you are not well aware of the procedures connected with it. There are several online sites that assist you with regards to purchasing them. You can request the help at websites to trade.

4) Bitcoin is not anonymous

Some real effort is needed to secure your privacy with Bitcoin. All Bitcoin trading deals are kept openly and forever on the system, meaning anybody can see the transactions of the Bitcoin addresses. However, the personality of the customer behind an address is still unidentified until details are disclosed during a trade or using other methods. This is a good reason that Bitcoin addresses should only be used once. Remember it is your job to embrace good practices to guard your privacy.

5) Bitcoin is experimental

Bitcoin is an experimental currency. Each development makes Bitcoin more desirable but also shows new difficulties as Bitcoin adoption increases. Be ready for difficulties and visit a technical professional before making any main investments. No one can forecast Bitcoin’s future.

6) Government taxes and regulations

Bitcoin is not a completely authorized currency. In most jurisdictions you still need to pay sales tax, income tax, payroll tax, and also capital gains taxes on anything that has value, which can include Bitcoins. It is your job to make sure that you stick to tax laws along with other lawful or regulatory mandates granted by your local municipalities.

7) Bitcoins are held with “wallets”

Bitcoin owners keep digital wallets — there are many to select from. A customer sends money to the seller’s Bitcoin address that is created with a wallet. Because it is a digital currency, bitcoins are divided considerably into fractions so it is easier to use them in smaller transactions. Each time a transfer is made; it is documented on a public ledger known as the Blockchain using the wallet software.

8) Bitcoin value is hard to determine

Just like other resources, there is a limited number of Bitcoins available now, with a total of 21 million Bitcoins and the final likely to be “mined” in 2140. There are approximately 12 million presently in use. Similar to a traditional currency, the moving rate for a Bitcoin will depend on demand and supply across exchanges, and is assessed against local currencies. The normal unit of symbol is called a BTC, identical to a USD or CAD. More people continue to use Bitcoin but the actual value of a Bitcoin still remains pure speculation.

Bitcoin still has a long way to go before it is easily used by anyone but there are a lot of things happening that are bringing this closer to reality. There are many ways you can use and enjoy this new currency and there are still many ways being discovered.

The spooky season is now upon us. Halloween and Bitcoin, can they go together? Sure they can!

Below are a few examples of how you can put the two together.

Bitcoin QR code costume

Not only will all the kids on the block be envious but you could also collect bitcoins if you use your own QR code! We’re not quite sure how you’re supposed to hold your treat bag though.

qrcostume

http://www.qrcodehome.net/bitcoin-qr-codes

 

Doge mask

Here is another way you can embody digital currency and take on a physical form representing a cryptocoin. It may not be a Bitcoin costume but Bitcoin doesn’t have a mascot like Doge does.

http://www.ebay.ca/itm/Wow-Doge-Meme-Joke-Dog-Shiba-Inu-Full-Head-Mask-Party-Cosplay-Halloween-Prop-/171923240045?hash=item28076c746d

Or maybe we spoke too soon about mascots…

http://static2.businessinsider.com/image/53a29aca69beddba37dfb224/japan-says-it-wont-be-regulating-bitcoin-any-time-soon.jpg

 

If you’re not dressing up you can still spread some spooky joy in the form of digital currency treats…

2 years ago some one gave out bitcoins instead of candy:

http://www.libertyhacker.com/halloween-hack-give-bitcoin/

It’s highly unlikely anyone is doing that this year but Bitcoin enthusiasts can certainly be hopeful.

Trick or Treat!!!

 

What is Bitcoin Today? By Jeanie Freshie

Thank you for spending your valuable time reading my article about Bitcoins. This is what I have found about Bitcoin so far…

Bitcoin’s main characteristic, and thing that makes it totally different to conventional money, is the fact that it is decentralized. No institute controls the bitcoin network. This places many people at ease; since it implies that a big bank cannot control their money. Bitcoin is an electronic payment system according to mathematical proof. This plan was to make a currency free of all central power, transferable electronically, generally quickly, with very cheap transaction charges. This currency isn’t actually printed in the shadows by a central bank, unaccountable to the people, and having a unique principle. The banks can easily produce more cash to cover federal debt, hence decreasing the value of their currency. Bitcoins are kept in “digital wallet,” which is available possibly in the cloud even on a user’s computer. Digital wallet is a digital account that enables users to receive or send bitcoins, buy goods and save their money. Compared to bank accounts, bitcoin are not insured by the FDIC.

Rather, bitcoin is made digitally, by a society of people that one could join. Bitcoins are ‘mined’, utilizing computing power in a circulated network.

This network also processes transactions created with the digital currency, appropriately making bitcoin a payment network. All over the world, people are applying software programs that apply a mathematical formula to produce bitcoins. The mathematical formula is absolutely free, so anyone can use it.

The software is open source, which means that anyone can check it out to ensure that it does whatever it is expected to. You can start developing for Bitcoin today if you have the desire.

1. It is decentralized

The bitcoin system is not operated by one central agency. All machines that mine bitcoin and process transactions comprise part of the network, and the devices interrelate. Meaning that, in principle, one main authority cannot fiddle with monetary policy or induce a meltdown – or just choose to take people’s bitcoins from them, like the Central European Bank chose to do in Cyprus in early 2013. And if a few section of the network is offline somehow, the money continues on flowing.

2. It is handy to create

Standard banks make you go through hoops just to open an account. Creating merchant accounts for payment is also a Kafkaesque job, beset by paperwork. However, you can create a bitcoin address in mere seconds, no queries asked, and without fees payable.

3. It is (semi) anonymous

Customers may hold various bitcoin addresses, so they are not partnered with names, addresses, or some other personal information.

4. It is totally transparent

Bitcoin keeps details of all transactions that ever took place in a general ledger named the blockchain. The blockchain reveals all. If you own a freely used bitcoin address, anybody can tell the number of bitcoins kept at that address. They just do not realize that it is yours.

There are means that people takes to make their tasks more opaque on the Bitcoin network, like not making use of the same bitcoin addresses constantly, and not sending many bitcoin to one address.

5. It’s inexpensive

Transaction charges are minuscule when you use Bitcoin. Your bank can charge a fee of $10 or more for foreign transfers. Bitcoin charges pennies.

6. It is fast

You can send out money any place and it arrives a few minutes later, once the bitcoin network processes the payment it is non-repudiable. When your bitcoins are sent, there is no getting them back, except if the receiver sends them back you.

Bitcoin popularity has grown massively in the past year and it looks like Bitcoin will only grow more. Wait until you read about some more of the details about Bitcoin, how it’s being used and what to expect in the future!

 

Jeanie Freshie is has a background in writing, business, technology and marketing. She is enthusiastically covering the Bitcoin and cryptocurrency space providing insight and views from the perspective of the “everyday person”.