{"id":13596,"date":"2019-06-03T20:47:33","date_gmt":"2019-06-03T20:47:33","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=13596"},"modified":"2019-06-03T20:49:41","modified_gmt":"2019-06-03T20:49:41","slug":"news-localbitcoins-less-local-cryptopia-quadrigacx-crypto-banking-telegram-wirecard-eos-voice-kik-and-defund-crypto-wright-gets-a-copyright-competitor","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2019\/06\/03\/news-localbitcoins-less-local-cryptopia-quadrigacx-crypto-banking-telegram-wirecard-eos-voice-kik-and-defund-crypto-wright-gets-a-copyright-competitor\/","title":{"rendered":"News: LocalBitcoins less local, Cryptopia, QuadrigaCX, crypto banking, Telegram, Wirecard, EOS Voice, Kik and Defund Crypto, Wright gets a copyright competitor"},"content":{"rendered":"

LocalBitcoins has just quietly removed in-person cash trades<\/a> \u2014 so much for the “business deals in parking lots” market. Users are presently working around this by selecting “Cash deposit” as a trading method, and adding a note that handing cash over is what they mean. That’ll fox ’em for sure.<\/p>\n

Coinbase users can finally spend cryptos using a Visa card! Izabella Kaminska doesn’t expect it to last long<\/a> — unless Coinbase tighten up their KYC remarkably.<\/i> Tighter.<\/a><\/p>\n

Chainalysis tells a seminar that 64% of ransomware attackers cash out on exchanges.<\/a> They didn’t reveal who the exchanges were.<\/p>\n

In one of those amazing<\/i> coincidences that just keeps happening<\/i> with questionable Bitcoin exchanges, Cryptopia was “hacked” on the same day<\/a> that the death of Gerald Cotten from QuadrigaCX was announced. (Amy Castor’s first piece for Decrypt \u2014 click early and often!) There’s more on Cryptopia in Amy’s newsletter.<\/a><\/p>\n

Amy and I did a podcast with Sasha Hodder of the HODLCast<\/a> on the collapse of Quadriga. It came out great, you should listen!<\/a><\/p>\n

Bitcoin seasteaders: When your sovereign nation gets towed.<\/a><\/p>\n

Number go up, down and sideways! Never mind the fact that almost nobody actually uses Bitcoin<\/a> — it’s just something to speculate on.<\/p>\n

When I call Bitcoin an apocalyptic death cult, this<\/a> (archive<\/a>) is the sort of thing I mean:<\/p>\n

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I think $100,000 transaction fee is not impossible in a far distant future. It is also not unreasonable to believe that over 50% of all world electricity will be used to mine those transactions. Those transactions may trustlessly secure 100,000,000$ payments for 100,000 people. https:\/\/t.co\/qhRGsKKKZa<\/a><\/p>\n

— Fr\u03bb\u034encis \u2629\u2694 (bullbitcoin.com) (@francispouliot_) May 28, 2019<\/a><\/p><\/blockquote>\n