Who buys Bitcoin (BTC) for $ 470 billion?

First partial transaction of $ 10 billion can take place in February.

If you suffer from US sanctions and have a lot of resources available, you can of course wait until Donald comes back. You can also look for an alternative to act freely with your money. In the latter case, crypto coins ensure that national borders, banks and waiting times disappear like snow in the sun. That is striking more and more countries. Venezuela and Iran are already busy with crypto coins and China also finds the digital money handy.

Russia, however, seems the furthest. According to the latest reports, they want to convert part of their national reserves to Bitcoin (BTC). In total, rumors suggest that $ 470 billion will be converted. In view of the quantity, one wants to do that in parts. That is why in February they might start with a 'modest' exchange operation of $ 10 billion.

Now there is not as much gossip and fantasy as in the crypto world, but the previous statements come from Vladislav Ginko. Now that is not a name that rings a bell for many of us, but appearances are deceiving. This gentleman is a lecturer at the Russian presidential academy for national economy and public administration in Moscow. He is also one of the closest economic advisors to Vladimir Putin. In recent Tweets with, among others, crypto gurus Chris Burniske and John McAfee, he makes a confident impression. Here are some shots from twitter:

Quote:
[/url]Chris Burniske

✔@cburniske

 · 6 jan. 2019


Antwoorden op @cburniske
5/ Take global asset values:

Gold: $7.7T
Stock Markets: $73T
Broad-Money: $90T
Debt: $215T
Real Estate: $217T
Derivatives (low-end): $544T

Placing the world over $1 quadrillion in value, where monies most broadly defined represent < 10% of that value.https://www.visualcapitalist.com/worlds-money-markets-one-visualization-2017/ …

All of the World’s Money and Markets in One Visualization
How much money exists in the world? This updated visualization compares the world's richest people, companies, and markets with the world's money supply.
visualcapitalist.com

Quote:
Vladislav Ginko@martik


Chris, I believe sitting here in Moscow, Russia, that the real factor of Bitcoin apotion will be when Russian government I'm working for will start investing almost $470 billion reserves into Bitcoins. I expect that it'll be at least $10 billion in the first quarter of this year.

231
22:51 - 6 jan. 2019
Informatie over Twitter Ads en privacy

Quote:
John McAfee

✔@officialmcafee

 · 8 jan. 2019


I have thrown down the gauntlet to the IRS. Will they take the bait? I gaurantee a "yes". Unlike the SEC, which looked away when I challenged them, the IRS knows only anger and brutality. They won"t allow a "nothing" like me publicly disrespect them.https://cryptonewsreview.com/john-mcafee-is-set-to-do-battle-with-the-irs-over-taxes/ …

John McAfee is set to do battle with the IRS over taxes - CryptoNewsReview
John McAfee declares he’s not filed a tax return in nearly a decade – and throws down the gauntlet to the IRS… Controversial cryptocurrency advocate – and 2020 US President candidate – John McAfee...
cryptonewsreview.com

Quote:
Vladislav Ginko@martik


John, you're always welcome to Moscow Especially since we in Russia is going to stand against US sanctions starting investing at least $10 billion of reserves into Bitcoin https://blockmanity.com/news/bitcoin/russia-might-invest-billions-into-bitcoin-to-mitigate-u-s-sanctions/ …

13
18:53 - 8 jan. 2019
Informatie over Twitter Ads en privacy

Russia might Invest Billions into Bitcoin to Mitigate U.S Sanctions - Blockmanity
Amidst various sanctions by the United States, Russia might buy Bitcoins in the Billions as a way to mitigate these sanctions. According to Vladislav Ginko who is a lecturer at the Russian Presiden...
blockmanity.com

A hard fork is coming to ETH. It will go from PoW to PoS. If you have ETH you will also get the new coin. For me it's time to buy more. They just dropped 10% in value.

"All the Ethereum hodlers will get 3 ETCV (Ethereum Classic Vision) coins for every ETH in their private wallets. This hard fork is about to happen on 11th January 2019 - Ethereum hard fork date."

Read more here https://coinswitch.co/news/ethereum-hard...hard-forks

Mark Rune Karlsson is at it again. https://thailandhempfarm.com/

In the forum he goes under the admin name "RuneK". https://cbdandcrypto.com/community/ 

Mark is operating this from Sweden. There is no real farm.

So i was looking at coinmarket and saw that on rank number 10 we had a new kid called Bitcoin SV(BSV). The start price of the coin is insane it started of selling at almost $70! From what i can see it's a coin that claims to be the original that Satoshi made back in 2008. I personaly dont know what to think about it. They can't know for sure if Satoshi wanted bitcoin to be like the first he made back in 2008. But anyway here's link take a look if you want to.

https://coinmarketcap.com/currencies/bitcoin-sv/

source code:
https://github.com/bitcoin-sv/bitcoin-sv

PS:
This is not a coin i want to invest in as it's simply to new and i can't see why this clone has any value, and also i think the current Bitcoin is very fine.

Spin Protocol https://www.spinprotocol.io/
Decentralized E-Commerce system
Social media marketing is a hot commodity these days with the with an increasing number of suppliers choosing this channel to promote and/or sell their products. The size of this segment of the global e-commerce market is expected to balloon to $50 — $100 billion by 2020, according to the Korea Trade-Investment Promotion Agency. But there are a couple of problems with the current scheme of things — one, the middleman eats away the share of the suppliers & influencers. Secondly, a lot of social media influencers have fake followers & since they get paid based on the size of their following, it isn’t a very transparent process considering fake followers could be bought.

This is where the Decentralized e-commerce system of the SPIN protocol provides a transparent and fair solution by connecting the suppliers & influencers through a smart contract, providing real-time transactional data about influencers to suppliers and payment, logistics, and customer service to sellers and/or influencers. The SPIN ecosystem will function on the native SPIN token which will be used to conduct all transactions by Sellers, Customers & Influencers. The token will also be used for incentivization. The protocol will be implemented in two stages where the first stage would see the testing of the economic model on the existing mainnets like Ethereum or EOS. The second stage would involve the development of a separate blockchain capable of processing large-scale data processing & high-speed transactions as required by the platform. SPIN has aligned itself with an impressive line of partners before public launch in 2019, with the most notable being Womanstalk — first video commerce platform in South Korea with a user base of over 1.5 million & an annual revenue growth of 300%.

Building trust in blockchains.

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Paris Graffiti Artist Sets Cryptic Crypto Challenge

French graffiti artist Pascal Boyart embedded clues to a USD 1,000 price in his latest work “Freedom guides the people 2019”.

Boyart hid clues in the artwork containing keys to an address containing 0.28492509 BTC ($1,150).

Boyart's art alludes a deeper message amidst the ongoing French Yellow Vest Movement.

https://bitcoinnews.com/paris-graffiti-a...challenge/

The shutdown is a fact in the US.
Trump wants the construction of his famous wall to be financed and the democrats gladly put a line through those plans.
The result is that a large number of government departments are running out of money and that has an impact on about 800,000 civil servants who can no longer be paid.
"No problem," says Trump, who are still predominantly voters of the democrats.
It is, of course, one big political game. Who is still looking for such a shutdown? We have already seen it before.
The market attaches little importance for the time being and assumes that it will all be of short duration.
Let us hope, because the White House figured that two weeks of shutdown reaches 0.1% of GNP.
If you have a rational president, you can indeed expect that sooner or later water will be added to the wine and that everything will be fine.
But we are dealing with Trump who takes great risks with his negotiation techniques.
That sometimes produces nice results, just look at North Korea.
But the penny can also fall to the other side, and then?
Certainly because the Democrats will do everything to keep Trump on their feet.
Why would they give in to this? Seen from their side, Trump can only lose.
And actually we can make the same reservations for the negotiations with China. Here, too, Trump takes great risks.
If the trade agreement does not evolve in the right direction, Trump will further increase the stakes, making a complete trade war seem inevitable.
Be sure that investors are currently on the tips of their toes and keep their finger on the sales button if it goes wrong here.

I was thinking about the direction for crypto during 2019. What do you guys think will happen?

One major impact is AML (anti-money laundering) and CFT (combating the financing of terrorism) that will be forced on every crypto exchange. For us in here it's no problem but for the criminals that need to withdraw fiat it is and it will probably have a huge impact on the market. Decentralized exchanges will be more and more important because of that.

Another major trend is stable coins. Facebook will introduce such a coin and more will come. It will train the average person in how to deal with crypto and hopefully they will jump to "normal" altcoins for trading and payment.

Bitcoin will still be the leading crypto.

Application on top of the blockchain will probably be a focus point during 2019 to really harvest all the true benefits of the blockchain.

Amazon AWS services and other similars could be part of history.
Running software independantly on a decentramized blockchain based system...
A virtual super computer created by a protocol, not by servers.

This looks like a great fantastic ambitious project.

Look at the videos:





See next video in next post.