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“It remains to be seen if these rumors are true, but what is clear is it would be a huge mistake from a U.S. perspective, as it would result in the rest of the world getting ahead in the important crypto and blockchain technology revolution,” Marcus Sotiriou, market analyst at digital asset broker GlobalBlock, wrote in an emailed comment.
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Bitcoin Press Release: Rising star web hosting provider GeeksHosted is poised to serve a better web hosting experience that’s faster, safer and more reliable with turnkey scalable web hosting solutions, and now, it embraces Crypto payments for an inclusion market. 30th of August 2019, Romania – GeeksHosted is a hosting company with 6 years in the market and is making strides in the industry. Its mantra revolves around creating a web hosting ecosystem built “for geeks, by geeks,” and has earned it a favorite spot among the target niche. The service provider now shows interest in emerging technologies such as Bitcoin to expand its payment options as well as target an inclusion market. For a small team of 10, the combined efforts have been rather intriguing these past 6 …
The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price. The key characteristic of a Ponzi scheme is that returns promised to early investors in a nonexistent enterprise are paid out with money put into the scheme by later investors. These sorts of scams fall apart when there are simply no new people to scam into “investing” in the project. At that point, the early…