jpkoning

13 ms·

91.
70.7% of Americans know about Bitcoin, but few are users(coindesk.com)
2 points by jpkoning 6y ago|0 comments
92.
by jpkoning 6y ago
Go for it, America. We got rid of the penny up here in Canada in 2012. Doing so removed a degree of hassle from everyone's commercial lives.
93.
Is It Time to Kill the Penny?(npr.org)
257 points by jpkoning 6y ago|412 comments
94.
25th Anniversary of Mondex(blog.dgwbirch.com)
1 points by jpkoning 6y ago|0 comments
95.
Hushpuppi and Mr.Woodbery, BEC Scammers: Welcome to Chicago(garwarner.blogspot.com)
1 points by jpkoning 6y ago|0 comments
96.
by jpkoning 6y ago
Yes, the penny should be gone. But I disagree about the $1 note. According to the GAO, replacing the $1 note with a $1 coin would actually result in a net loss to the government: https://www.gao.gov/assets/700/6977
97.
What Can Be Done to Fix America's Coin Shortage?(aier.org)
10 points by jpkoning 6y ago|3 comments
98.
The First Rule of Hollywood Is the First Rule of Cryptocurrency Too(blog.dgwbirch.com)
1 points by jpkoning 6y ago|0 comments
99.
by jpkoning 6y ago
>Even just adding a 4 hour "activation time" on cards worth more than $250 would make the scam just a little harder to pull off That's a good idea. Implicit in this idea is that victims can call a customer help number and
100.
How Bitcoin Is Like Ham Radio(coindesk.com)
1 points by jpkoning 6y ago|1 comments
101.
Is fiat money to blame for the Iraq war, police brutality, and the war on drugs?(jpkoning.blogspot.com)
8 points by jpkoning 6y ago|1 comments
102.
California university pays $1.14M in Bitcoin after ransomware attack(bleepingcomputer.com)
17 points by jpkoning 6y ago|6 comments
103.
by jpkoning 6y ago
>I think that they are making the point that they actually are free of charge. That's right. An "on-us" transaction, one that simply requires RBC to update its database by debiting funds from RBC customer A and crediting t
104.
by jpkoning 6y ago
If we both join the bitcoin network, we can exchange $1B for $0.48. If we both join set up accounts at a regular bank like RBC, we can exchange $1B for free. The point I'm making is that fees are not bitcoin's strong point. Any fi
105.
by jpkoning 6y ago
Yes, a debit card is a bank transfer. In the US, most PIN debit card transfers occur via either MasterCard's Maestro or Visa's Interlink debit networks. Signature debit payments go through MasterCard/Visa's credit card n
106.
by jpkoning 6y ago
This is good news on the competition front. The traditional problem with bank-to-bank transfers in a retail, or point-of-sale, setting has been speed. Cheque was about the fastest that could be mustered. But with developments like UK Faster
107.
Privacy in central bank digital currency (CBDC) technology(bankofcanada.ca)
3 points by jpkoning 6y ago|0 comments
108.
by jpkoning 6y ago
Yes, it is. My understanding is that some people use bitcoin as a bridge for remitting funds into Venezuela. But this is a niche usage. What locals really want are dollars. Something like 50-60% of all Venezuelan transactions are now being
109.
by jpkoning 6y ago
You'd think that Venezuela would have provided incredibly fertile ground for bitcoin usage to go mainstream. But what actually happened is good old fashioned dollarization. U.S. dollar banknotes flooded into the country. As for digital
110.
Should Those Passing Counterfeits Be Treated Like Counterfeiters?(aier.org)
2 points by jpkoning 6y ago|0 comments
111.
by jpkoning 6y ago
As the article points out, Sci-Hub relies on bitcoin for international donations but the majority of its donations come via Yandex.Money, a Russian version of PayPal. I guess that means that most of its donations come from Russians and othe
112.
Privacy in CBDC Technology(bankofcanada.ca)
1 points by jpkoning 6y ago|0 comments
113.
Blackballed by PayPal, Scientific-Paper Pirate Takes Bitcoin Donations(coindesk.com)
2 points by jpkoning 6y ago|0 comments
114.
Winnipeg grocery store owner says customers have been victims of Bitcoin scams(globalnews.ca)
5 points by jpkoning 6y ago|0 comments
115.
by jpkoning 6y ago
If a Venezuelan merchant wants to accept credit cards, they'll have to work through Venezuelan payments processors and Venezuelan banks (which don't offer US bank accounts, due to sanctions). The nice thing about Zelle is they can
116.
by jpkoning 6y ago
Yes, but if you pay with your US-issued Visa card the Venezuelan merchant won't receive U.S. dollars. They'll end up with local currency. The advantage of Zelle is that unlike Visa, it is a dollarization tool. A Venezuelan merchan
117.
by jpkoning 6y ago
The point-of-sale terminals in Venezuela are not set up to accept U.S. dollars via cards. (They do have cards there, it's just that a card payment is by necessity a Venezuelan bolivar payment.)
118.
Venezuela is a testing ground for digital dollarization, Zelle doesn’t like it(coindesk.com)
105 points by jpkoning 6y ago|85 comments
119.
Permissible Color Illustrations of U.S. Currency(uscurrency.gov)
2 points by jpkoning 6y ago|0 comments
120.
When Northern Michigan Bought Things with Traverse Dollars(traverseticker.com)
3 points by jpkoning 6y ago|0 comments

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