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Living on Bitcoin Day 3: Brother, Can You Take a Sat?

This is the third instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 and on Day 2.I woke up on day 3 and made a pact with myself: I had resolved to not rely on Uber Eats that day.I still think that buying this credit from an exchange like Bitrefill or Paxful is in line with the experiment, but I haven’t made a PoS purchase yet and I want to make today about going out and actually using bitcoin with merchants.Only once I ventured out to actually try this did I realize that the trend I unearthed yesterday would become an insurmountable obstacle.I woke up in a bed this time (one had been freed up after Christian’s roommate and friends left to move to LA). Like the day before, I immediately hit the coffee and continued to work on the write-up of the previous day. Little of note happened. Christian left to go back to Nashville to then go to Miami for a conference. Riggins, who had slept on the couch the night before, went with him.To prep for a day of no Uber Eats, I looked up some of the places that I hadn’t checked with yet to see if they still took bitcoin. The preliminary results were disheartening. Bamboo Asian and Ramen Underground are closed on Sundays. Three Babes Bakery no longer accepts crypto and neither does Elixart, even though their Nevada location does. So my prospects here in San Francisco were l...

Supermarket Joy! Coinstar Launching Bitcoin Purchase Feature

Coinstar is partnering with Coinme to allow users to buy Bitcoin at Coinstar kiosks in select states. Few things say that you’re in a grocery store like seeing a Coinstar kiosk. College students and those on limited incomes know the visceral joy of pouring a heap of loose change into the machines to convert into […]The post Supermarket Joy! Coinstar Launching Bitcoin Purchase Feature appeared first on BitcoinerX.

Venezuelan Government giving discounts for property bought with Petro

The government of Venezuela is encouraging its citizens to buy property using the controversial Petro cryptocurrency – and giving them a discount to boot according to local news outlets. Ildemaro Villarroel, the minister for Habitat and Housing, told Venezuelan news outlet Presensa Latina that there was real estate currently available under the nation’s Great Housing Mission scheme, and […]The post Venezuelan Government giving discounts for property bought with Petro appeared first on CryptoNewsReview.

South Africa's Reserve Bank: Cryptos Could 'Materially Impact' Traditional Financial Sector

South Africa’s reserve bank (SARB) recently published a consultation paper in which it noted that a comprehensive set of regulatory guidelines must be created for cryptoassets - as they have the potential to play a key role in the world’s economy. The country’s National Treasury (NT) had issued an “initial public statement” on cryptoassets in 2014. The statement warned that “no legal protection, or recourse is offered to users of, or investors in, cryptoassets.”

BRD Wallet Expands Crypto User Access Across Europe With Coinify Partnership

Coinify, a European-based financial platform that provides a wallet, trading and payment processing solution, has announced that they are integrating BRD Wallet into their platform to deliver BRD wallet access to users across the European region.Specifically, the partnership provides access to virtual currencies, like bitcoin, to 34 countries across the Single Euro Payments Area (SEPA). The SEPA region is a collection of member states in Europe who are part of a payment system that simplifies bank transfers denominated in EUR. The launch is also enabled largely in part by Coinify’s newly rebranded trading solution for wallet partners.Customers will now be able to use BRD Wallet to “purchase bitcoin at cost-efficient rates with SEPA bank transfers” within Coinify’s trading platform. With BRD integration, customers will also retain control over their private keys while using Coinify.Essentially, this provides a large number of users with an efficient and secure way to buy bitcoin and other cryptocurrencies, and then allows them to immediately store it in a manner where they control what happens to their money. Typically, a user will entrust the custody of their private keys to a centralized exchange while they are waiting for trades to be executed and sometimes for much longer than that.Aaron Lasher, co-founder and chief strategy officer at BRD, highlighted the advantages of the integration for security-f...

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