#crypto loans canada | Explore Tumblr Posts and Blogs

shadowtechteller · 4 months

Text

Decoding Cryptocurrency: The Digital Treasure of the Future

Welcome to the vibrant and often mysterious world of cryptocurrency, a digital gold rush that's reshaping the financial landscape right before our eyes. Let's embark on a journey to decode this phenomenon, making it as easy to understand as shopping with your favorite cashback credit card.

The Birth of Cryptocurrency

Imagine you're playing an online game, and you earn gold coins that you can use to buy gear for your character within that virtual realm. Now, picture if those virtual coins could be used to buy actual things in the real world, like a coffee or a car. That's the essence of cryptocurrency — a form of money that exists entirely online.

It all began with Bitcoin in 2009. Created by an enigmatic figure known as Satoshi Nakamoto, Bitcoin introduced us to a revolutionary idea: money that can be sent directly between people, without passing through a bank.

Blockchain - The Wizard Behind the Curtain

Cryptocurrencies are powered by a magical ledger called 'blockchain.' Imagine a book recording every single transaction you make, viewable by anyone but impossible to erase or change once written. This book is stored not just in one place, but across thousands of computers around the world. This is the blockchain, the foundation upon which the realm of cryptocurrency rests.

Benefits - More Than Just Internet Money

Cryptocurrencies offer several benefits:

Security: Transactions are secured through cryptographic techniques — think of these as unbreakable secret codes.

Speed and Cost: Sending cryptocurrencies often works out faster and cheaper than traditional bank transfers, especially across borders.

Exclusive Ownership: When you own cryptocurrency, it's like having a safe deposit box only you can access. There's no need for banks or third parties to validate your ownership.

Privacy: They offer more privacy than conventional bank transactions (though they're not completely anonymous).

Inflation Resistance: There's often a cap on the number of coins that will exist, potentially protecting them from devaluation through inflation.

Practical Use Cases - Not Just for Tech Wizards

Now, let’s talk about using cryptocurrency. Joe buys a coffee token on a cryptocurrency platform and sends it to his local coffee shop's digital wallet—an online space to hold digital money. This transaction is recorded on the blockchain, validating Joe's purchase without revealing his personal info.

Cryptocurrency is also making a splash in the remittance market. Maria in Canada wants to send money to her family in the Philippines. Traditionally, this involves fees and waiting periods due to currency exchange and bank processing times. With cryptocurrency, Maria can send her hard-earned money almost instantaneously and for a fraction of the cost, directly into her family’s digital wallet. The blockchain records the transaction securely, and Maria's family can exchange the digital currency for local currency through a local crypto exchange or spend it directly at businesses that accept it.

The Future – Sky's the Limit

Picture a world where buying a house, getting paid for your job, or even casting a vote in national elections could be done securely and instantly through cryptocurrency. The possibilities are vast. Financial inclusion for the unbanked, transparent and secure voting systems, smart contracts that execute automatically when conditions are met—the future is as bright and unknown as the early days of the Internet.

Developments in this sphere are leading to concepts like "Decentralized Finance" or DeFi, a system where financial products are available on a public decentralized blockchain network. This makes them open to anyone to use, not just customers of banks or particular institutions. It's like having a stock market, loans, and insurance policies running globally, accessible to anyone with an Internet connection, and no middleman taking a cut.

User Impact - What Does It All Mean?

What does cryptocurrency mean for you, the reader? It could change the way you think about money. Imagine carrying your bank in your wallet — not just access to your funds, but the bank itself. You have the power to transact, invest, and manage your finances without ever stepping into a physical bank.

However, remember to exercise caution. Cryptocurrency markets can be volatile; prices may wildly fluctuate. It's like the stock market on steroids, so it's prudent to invest wisely. Also, be aware of regulations as they vary by country and are still being developed in many places.

Concluding Thoughts - Embracing Digital Currencies

Cryptocurrency isn't a trend; it's a technological leap akin to the birth of the internet. Like any frontier, it holds boundless opportunities alongside new challenges. As we witness this digital currency’s evolution, staying informed will be crucial. Whether cryptocurrencies become the standard in our digital lives, or a niche product for certain types of transactions, they've already altered the way we think about and use money.

In sum mary, it's not just an alternative form of money; it's a financial revolution offering empowerment by decentralizing the control of transactions and reducing dependency on traditional banking systems.

So, as we sail towards a digital future, consider this: cryptocurrencies might be the roots of a new kind of global financial ecosystem. One that is borderless, inclusive, and open to all.

And rest assured, whether you're a tech enthusiast diving into mining (the process of creating new coins) or a casual observer keeping an eye on the rise of digital wallets, there's a place for you in this unfolding chapter of the digital age.

So, will you stand by the sidelines, or are you ready to dive into the world of cryptocurrencies? Remember, knowledge is power, and in the fast-evolving realm of digital currencies, staying informed is the key to unlocking the treasure trove of possibilities.

Keep track of this exciting journey through digital landscapes, and harness the potential that lies in the pixelated heart of cryptocurrency. It may just be the most thrilling ride of our lifetime.

Curious about making your first crypto transaction or understanding what blockchain is all about? Visit [Your Blog or Website] for more insights and take the first step on your personal crypto voyage. Happy exploring, and welcome to the future of finance!

0 notes

ailtrahq · 1 year

Text

Canada-based cryptocurrency payments platform FСF Pay has taken to its page on the X platform to announce that it has expanded the adoption of more than 30 cryptocurrencies used on its platform to U.S. states Idaho and Utah.Now, their residents can enjoy paying for their broadband connections using SHIB, DOGE, BTC, XRP and other cryptos via FCF Pay.The X post of the company reads: "You are now able to pay for your broadband connections using cryptocurrencies. Use your Bitcoin, Binance Coin, Ethereum, XRP, Shiba Inu, Doge, Floki and 30+ others.Apparently, this move is part of FCF Pay’s Bills service that helps customers to manage their finances and bills, allowing them to pay for goods and services at more than 20,000 leading U.S. companies, including Tesla, Amazon and American Airlines.Earlier this week, the cryptocurrency payments company announced that it had included Chase Bank on the list of companies it collaborates with. Now, all clients of FCF Pay can use crypto to pay for their mortgage, loans, credit cards and other banking services; this includes popular coins such as BTC, ETH, SHIB, DOGE, XRP, BNB and many others.Chase is part of the banking giant JP Morgan Chase, with millions of customers in the U.S. More countries are going to be added soon, according to the company.

0 notes

globaldocz · 2 years

Text

Buy IELTS,PTE,CELPIP Certificates Without Any Exams,Buy Passports,Licenses,ID cards,Erase Criminal Records,Buy Credit Card details and Credit Card Hack software.

We update and modify your poorly performed scores directly from the system-We control and change your scores from the system while you write the exam-We also provide leak questions and answers for upcoming exams-Provide certificates with online verification on the official website. We are an organization comprised of expert programmers and IT engineers, we give checked banks proclamation to our customers with online login subtleties and can be additionally confirmed through calls to any of these banks

Whatsapp: +1(707)701-3848

Wickr : powells1

Email: [email protected]

Website: https://globaldocz.com

Buy 100% Undetectable Bank Notes,Buy Counterfeit Bank Notes,Buy Money Online,Buy Fake Notes Online,Undetectable US Dollars For Sale,Euro Bank Notes For Sale,Dollars,Euros,Pounds Counterfeit Bank Notes For Sale,Available in Large Stock 99% Undetectable Euros/Dollars/Pounds Bank Notes For Sale.Counterfeit Bank Notes All Currency Available.Just place your order for other currencies,we have available in large stock euro,dollar and pound

Whatsapp: +1(707)701-3848

Wickr : powells1

Email: [email protected]

Website: https://globaldocz.com

Our services.

-Clear your criminal record from any Country database system

-Hack any phone from a distance without physical contact.

-Increase your credit score to your desired amount

-Buy fake drivers license, I’d, ssn, Passport

-Buy clone credit card ready to hit any atm machine, gift card amazon card, etc

-Hack any online banking account, PayPal account, bitcoin, flight tickets

-Buy any school certificate, diploma, degree all registered under the database system

-Fake bank account/verified bank account with login details for a loan

Whatsapp: +1(707)701-3848

Wickr : powells1

Email: [email protected]

Website: https://globaldocz.com

— Our bank articulation is utilized to demonstrate your loan specialists or customers you possess the accurate offset on the announcement with a 6months exchange notable that can be checked through any strategy for their decision, yet you can't move or pull back any cash from this record, for more details click here

We provide Questions and answers for the upcoming exams Available Certification without exams Remote control assistance during your exams Upgrade your Previous scores

#IELTS Certification#PTE Certification#CELPIP Certification#TOEFL Certification#OET Certificate

All our services are verified for #Immigration, #Jobs and #Study abroad in Canada, Australia,USA,UK ETC 100% pass Guaranteed.#UKVI IELTS CERTIFICATE#UKVI IELTS CERTIFICATE,Obtain IELTS #Certificate in #oman#India, #UAE, #Qatar, ##saudiarabia#abudhabi#Riyadh ##amman#tehran#dohaqatar#lebanon#turkey.

* School Grade Changes hack

* Hack University grades and Transcripts

* University title hack

* Erase criminal records hack

* penetration of website and database

* Sales of Dumps cards of all kinds

* Individual computers hack

* Control devices remotely hack

* Burner Numbers hack

* Verified Paypal Accounts hack

* Any social media account hack

* Android & iPhone Hack

* increase your credit score

* Text message interception hack

* email interception hack

* unlocking of frozen crypto wallet

* Increase blog traffic

* Skype hack

* Bank accounts hack

* free loan

* email accounts hack

* Website crashed hack

* help Sign up for ILLUMINATI and get famous faster

* delete YouTube videos or increase views

* school transfer and certificate forgery

* server crashed hack

* Retrieval of lost file or documents

* Credit cards hacker

* loading of bitcoin.

Whatsapp: +1(707)701-3848

Wickr : powells1

Email: [email protected]

Website: https://globaldocz.com

Erase Criminal Records Buy Ielts Certificate Online Buy CELPIP Certificate online Buy PTE Certificate Online Buy PMP Certificate online Buy NCLEX Certificate online Buy Euros Online Buy Great Britain Pounds Buy Canadian Dollars Buy US Dollars Buy Australian Dollars Buy New Zealand Dollars Buy Fake Passports Online Buy Fake Drivers License Online Credit Card Hack Software Whatsapp at: +1(707)701-3848 Website: https://globaldocz.comOur services. -Clear your criminal record from any Country database system -Increase your credit score to your desired amount -Buy fake drivers license, I’d, ssn, Passport -Buy clone credit card ready to hit any atm machine, gift card amazon card, etc -Hack any online banking account, PayPal account, bitcoin, flight tickets -Buy any school certificate, diploma, degree all registered under the database system Whatsapp: +1(707)701-3848 Website: https://globaldocz.com

0 notes

feuqueerfire · 2 years

Text

Midnight Motel Live Blogging

GMMTV really crammed some of my most anticipated 2022 shows to run at this time (Never Let Me Go, Midnight Motel, The Warp Effect), as well as My School President which I was keeping my eyes on. Think I’ll have to watch these the week they end or I’ll never catch up.

Playlist

Ep 1: Welcome to the Business (Jan 9 11)

1-1

ooh cool start

okay actually fuck idkkk maybe i’ll start this later? bc i’m in the middle of the Trials of Apollo series and also Never Let Me Go (ep 5 tmrw), which is 2 different stories already. maybe i’ll watch this on Wednesday and finish before next Tuesday so that i’m not weaving this and NLMG and trials of apollo.

aw the fact that Mote’s always out of luck and “missed the admission quota out of a top uni even though he passed the exam” sucks so fucking bad

oh Mond’s the pimp?

oh fuck Mond’s character is so scary D: I know people said so but rip

pls Mote standing and thinking of the shit possibilities of what could happen if he barges into Mond and Jan’s characters’ rooms

Oh yeah I forgot that Mote and Kat are love interests right

Aw Kat T.T

Kat’s so fun and funny

Sun’s making Kat pay her debts to him

oh, interesting in a good way about Kat mentioning working so hard

1-2

oh it’s Kat’s mom’s debt that she’s paying off

Sun kys

Mote researching the websites where customers and sellers buy-sell sex work and identifying the pain points to make their app is wholesome

pls Kat’s funny with tryna sell her services to Mote (+ his friend) and also they’re cute

pls Doy being like whyyyy tf did you bring this app to my doorstep again after we met the police and mafia last time

the dynamic between Doy and Kat not really believing Mote vs Mote being a sweet talker and knowing how to appeal to people

ooh a design for the app first this is just like my uni class

girl not pay by crypto

does Sun have photos?!?!

oh videos?!?!? is Kat and the client aware that these exist?!?!?!?! gross gross gross die die die

1-3

oof Mote and Kat are so cute. him being like “hmph, your pics on the app are catfishing for sure” and then when she elbows him, he exaggeratedly falls back ah >.<

yes Kat, come to Canada and we can kiss

Linguistics: Mote and Kat use gu-meung with each other. I think Kat and Sun also used gu-meung earlier, which surprised me a bit bc I expected Kat to use Khun w Sun or something but ig the rude pronouns make sense also

Kat saying she wouldn’t do this job if she could choose. the way they’ve been talking about sex work and prostitution is interesting in a casual way where’s a job that’s hard work and like Mote, she’s doing it bc of debt and wouldn’t do it otherwise. it’s not glamorized but the existence of it or sex workers aren’t made to be evil even though the situation sucks here

hope that Mote or Doy know what to do if things go wrong whether it be the guys are dicks like when Sun had to step in or if they refuse to give money or something

oh i see we’re getting to see them handle things like the short hair and wig, and now police are coming in. also i’ve just remembered that someone maybe dies

1-4

I don’t quite get the Big Boong thing. I know Mote pretended that Big Boong’s someone else, some big shot to make the police nervous and let it but who? why’d the cops leave?

wtf was that Kat being shot in the head scene? umm I’m hoping it’s just one of Mote’s fears and not something that comes to pass

I hope they all earn the money and pay off their debts ah

Ep 2: The Investor (Jan 12)

Ep 6 came out and I saw one person write that it’s a satisfying ending, so I’m glad

2-1

ooh they’re talking about how it’d be good if they could just legalize sex work but the police are gonna lose so much money from the bribes to leave prostitution alone that they won’t let it be legal

Mote and Kat are cute, aw

oof Mote and Kat are so non-flirtily flirty ma gudness

agh Kat’s mom was dead I thought but nope, she’s just letting her daughter pay back her loans and also coming for more money

oh noooo Kat’s flashback to how her mom disappeared from their home and so the guys who were looking for her came for Kat instead T.T

oh, this was the very first time Kat saw her mom since that incident?

hmm Sun telling Kat’s mom to never see her again. I’d assume that Sun’s romantically interested in her in any other show but he treats her like crap, so maybe he just doesn’t want them to plan and run away or smth?

wait Pom from Gifted, what are you doing here heh. Victor’s name is Pat here

is Pat gonna be the man she kills?

damn he really put a collar on her oh I hate this bc he seems so earnest and this could’ve been cute if Kat didn’t fucking hate it and Sun didn’t force here T.T

2-2

damn, not us getting the backstory on why Pat wants to have power during sex because he has no power in his personal life

oh Pat’s a billionaire, possible investor? also, that unicorn ad thing kinda maybe reminds me of whatever investing ad Mote saw in ep 1 that made him make the other app or something

oh yeah, the camera in the room that Sun has so that he can fucking watch Kat and her clients agh but now catching Kat doing work that he hasn’t assigned her

ahhh that camera was hidden by Kat? it’s for blackmailing Pat?

i love the classical music choices and also Mote thinking of possibilities and them actually showing it as if it’s happening, like Kat getting shot in the head

2-3

“I just wanna tell your you’re definitely worth more than you think?” ah so cute

Mote really is just too good with words, Kat’s right that these sorts of people just aren’t trustworthy bc they know the right things to say “How am I going to trust you, you shard-tongued jerk of a CEO?”

oh Tawi/Jay looks really different when talking with Pat’s wife than when he’s tryna get money out of Mote. Are they different people?

who’s the person that Pat’s wife talked about? Is it Mote?

okay the guy who’s terrorizing Mote isn’t actually Tawi

ah this guy is so annoying either Mote gives him money to keep the business a secret and then can’t pay back his debt in time and gets the hotel taken away OR Mote doesn’t give him money and so he tells the police about the illegal prostitution

2-4

Sun is so fucking scary, threatening June with killing her son if she doesn’t tell him what she and Kat are doing aghhh

omg so stressful. on the one hand Sun’s tryna get Doy to get him into the app by pretending he’s a client, Kat’s with Pat who’s waiting for the pitch + she saw Sun in the lobby, and Mote’s fucking phone somehow fell under the bed

ahh cliffhanger ending rip

Ep 3: Ain’t Them Bodies Cents (Jan 12)

anyway, I know Pat dies for sure because someone on a discord sent a screenshot. that’s as expected bc i’ve barely seen him in gifs or anything

3-1

oof Doy fucked up and gave Sun the invitation and whole time Mote’s like yep I trust Doy to take care of it rip

pls the chaos of Doy talking to Sun and Mote presenting to Pat while Doy and Mote are also communicating via bluetooth

pls Mond is so scary as Sun. girl “I’m the owner of their breath” kalsdj okay

Mote is much smarter than Sean is all I can say lmfao he can lie p well, even though Sun has a suspicion that Mote’s lying

3-2

is Pat drunk or what? Why is he all woozy and falling? Did he take his medication too late or something? Did his wife drug his meds because there was a point made about him taking his med case before leaving

lmfao is Mote and Kat’s kiss gonna be interrupted by Pat dying

oh kinda. i thought we’d hear a gun shot sound but what happened? did he fall and hit his head and die since Pat was so off-balance?

so did Pat succeed in giving the money or no

lol the Kat butchering the body scene

3-3

pls the way Doy had to say he’s not sitting in the back w the corpse

is Sun at Kat’s home? oh fuck he’s throwing a fit

wait omg I kinda knew that Sun knew Kat when he was a child bc I’ve seen a caption bout smth like that with a clip of Sun sitting on that bench but I didn’t know she was close friends with him :0 that sucks so bad

ah shit so Sun wasn’t the one who brought her into sex work but someone else did and he was there and he seemed young

oh Sun’s terrible idk how he transformed into this hardened pimp quickly but then he said he’d pay off Kat’s debt if she transfers to his club

3-4

ofc Pat’s car has a GPS oof and ofc Pat’s wife’s cheating on him with Jay but we could guess that from last ep

not Sun waiting in room 211 with his suitcase of weapons

so Pat did start the transaction of 20 million?

ooh Kat’s tryna get away to diff city but also she stole Pat’s phone. wonder if there’s tracking on that too

Ep 4: Disappear Body (Jan 13)

4-1

Joy’s tryna get Kat to fess up or something bc of her threatened child, right?

k the current things at play is that Kat wants to access Pat’s crypto and leave for Canada, Joy wants to trick Kat possibly, Sun has come to find Kat and is threatening Mote, Jay is tracking Pat’s car and has been lead to the motel, also the debt collector mans that’s been bothering Mote wants his money as well for protection of Takkrub

oh Jay’s seeing Sun being weird with Mote in the hallway on the CCTV lmfao he can just walk in there all willy nilly. is the room Mote and Sun are in also viewable with cctv

lol I wonder if Jay will view Sun as the thread instead of Mote now and have his suspicion on him as a possible reason for Pat going missing? who knows. also i wanna know if Jay knows that Pat’s dead or not? has he searched the inside of the car? seems like no

4-2

bruv, Mote really got Sun, Jay, and the debt collector guy all in the same room wanting something from him gbye and gl “shit, this is like a fan meeting. Wait no they’re all after me.”

plsss the three of them all being like eyeee should be the one talking to Mote first, yall get out

pls the way Sun smiled and gestured and moved away as soon as the knife appeared

oh Jay killed the debt collector mans lmfao Mote’s gulping and now Jay has a gun

oh debt collected mans was called Big Off

lmfao Mote being like “he’s not my friend” and Jay being like “oh? he didn’t come to save you?”

pls it’s killing me the way Jay has to explain like “this is not an empty thread na krub. If you don’t tell the truth, I’ll kill both of you. Na?”

plssssss the arguments between Sun and Mote are so funny and Jay telling them to shut up each time like now Mote realizing Sun has a camera in Kat’s usual room

wait if the footage is there, why didn’t they show Pat falling and hitting his head agh

oh damn okay so the body wasn’t in the car even though that was the original plan. did Kat do something with it?

4-3

fuckk i’m so mad I had so many thoughts for parts 3 and 4 but it refreshed and all of it got deleted kms

I thought it was fun when in part 4 Mote started acting clever and threatening again after seeming to be bumbling and foolish in the first 3 parts.

I liked the chips and card game fantasy scene. The crew in MDL seems fairly inexperienced but they’re doing well so far

Ep 5: Blast From The Past (Jan 14)

5-1

Sun how’d you turn out like this agh

byeee they dismembered Big Off

neo appearance !

Police officer Jay sued an elite man who attacked a bus driver but the elite man got him fired?

sdlkfhj the neolouis sex noises

oof, Kat’s found out that Sun’s getting money from Kat’s mom, which is money that Kat earned from Sun

oh my fucking god, I need to kill Sun. I hope Kat kills Sun

Sun remembering Kat saving him from those guys and so finally kinda snapping out of (sexually, physically) assaulting her

5-2

this young kids Kat and Sun backstory is making me so fucking sad because they used to be friends

noooo the promise :< “when we grow up, we won’t become the kind of adults we hate”

Sun realizing he’s become the kind of adult he hated

pls Doy and texting is just aldskfj as soon as Jay gets the orders to kill/deal with the trio, he texts Mote’s phone (which Jay has currently and also doesn’t it have a password) that he can’t find it (the body) anywhere in the hotel lmfao. prev it was the thing with Sun coming while they were tryna show Pat the pitch

Kat’s a whole lot, she really is confessing? playing with Mote? in that bathroom and kissing him instead of admitting she ran away for a brief period and also stole the phone hoping for the crypto money

I wonder if Mote believes her after seeing her pretend with Pat bc I don’t think I believe her actions in that bathroom

5-3 and 5-4

Sun really tryna just make a deal with everyone huh? giving the bullet to Jay and saying to kill only Mote (also the ice cooler thing Jay’s getting the ice from is freaking me out bc at first I don’t think I registered that they hid him in the ice cooler but now that I know... hm is he in there). Telling Mote that he wants to invest in Takkrub

What did the uncle and aunt wanna tell Mote before Jay came in? Were they the ones who his the body? Like if it isn’t any of the captured trio, Doy was a possibility but then he didn’t show up for like 2 eps in the middle so I started thinking he’s less of a possibility? Or is he more of one because why did he also disappear for a bit? And it could also be uncle and aunt who someone calmly and quietly discovered and hit the body

pls I love the fantasy situations Mote goes through so much, like the convo with dead ghost Pat

naurrr flashing back to young Kat and Sun saying they’d protect each other as adult Kat tells Sun to get out of her life

oh Pat’s in the ice cooler the way they made it seem. so the one that they hit the body in had the :) sticker and then that got carted out and had more ice put in it and put out front and the new ice cooler that’s in the place of the old ice cooler doesn’t have that sticker

So would his uncle and aunt do that? The mover also deleted the CCTV footage, would they be able to do that? Doy was the one who deleted the previous CCTV footage, so would it be him? Why?

also Mote and Sun and stuff getting ice from the cooler while underneath was Pat’s body reminds me of To Sir, With Love where the maids were all having fun collecting that mushroom, whole time there’s Don’s dead body underneath

Ep 6: All Or Nothing (Jan 14)

6-1

So I guess it really was his aunt and uncle who moved the body

they let Sun walk out of the room?

6-2

did Sun take one pill and poison the fish? or what?

or is Sun stealing the meds pill box from Kat?

Sun you backstabbing bitch, him being like “we have our bullets for that” and whole time he doesn’t even have the bullet. he has me on edge fr bc I can’t tell if he’s just double-crossing Mote and Kat or double double-crossing Jay

lol the meds box is filled with stone, flashbacks to Squid Game Ep 6

oh so Sun did give Jay a defect bullet? but Jay told June to bring another gun my dudes

everyone’s got stuff under their sleeve, like Kat with Pat’s phone and Mote with the Takkrub upload of the evidence

also i don’t think their evidence is actually enough for much (like lol they themselves could’ve filled the box with poisoned pills afterwards to frame June) but I’m ignoring that

6-3

I don’t get the [A gift from Big Off] and “say hello to my little friend

oh Jay fr shot the uncle on the shoulder

bruv, I was thinking of Jay falling off the roof maybe but I didn’t think they’d do it like that lmfao

the villains really do wait to shoot until the uncle’s there or until Sun’s covering Kat huh lmfao

oh Sun is so psychologically fucked. he really is like if I die then Kat dies with me

oh the friendship bracelets were from the promise of not becoming like the adults they hated

okayyy Kat didn’t know that Sun was the same kid as before. At first I thought she did but then it was like hm but yeah she’s asked him “Are you Arthit?”

please Mond’s doing so good as Sun. the way he’s like sorry for breaking my promise and handing back the bracelet and telling her live and be better for him as he lays there dying. It goes with his character arc that he dies here because he’s too irredeemable to continue with the gang or to continue inflicting pain with his pimping but because of his backstory and helping the gang thus far, he’s also not someone who we see as an one-note evil man anymore. too evil to not die but the audience doesn’t wanna see him go down in a horrifying grotesque way either

6-4

plssss Kat using Pat’s corpse for the face ID of his crypto wallet (the reason she came back p much)

girl shut up who is Yudo, we have Tony for Doy. actually Doy can be polyam, I’d like that. or a cheater, I’ll forgive that in preperation for Moonlight Chicken

Very pretty wrapped bow for the ending.

The last ep was good but not great, I don’t think they were super clever with their action or wrap-up, although it was still pretty fun. Also no like great twist in the final ep, which is fine but nothing about the final ep really makes it stand out.

The acting was great, the script was comprehensible and well-paced, the production is good, featured sex work without villainizing the workers or the work itself. I loved Mote’s little fantasies of possible scenarios or of imagining an interaction in a different way (the card game with June, convo with dead Pat). I’m impressed by the creative team behind it.

I won’t think about this much after today I don’t think but I liked this little show.

Rating: 6.5/10

Mock Trailer

The actual show ended up being pretty much the same as that mock trailer, guess they’ve had the script done for a while. It was snappy but gave away a lot, so I’m glad I hadn’t watched most of it before watching the show (or if I had, it must’ve been like 10 months ago and I completely forgot it because only the first like 15 seconds seemed familiar and I knew the concept before going in).

Official Trailer

Once again, reveals a lot but is slightly better created than the OG, which is expected.

#ep by ep commentary #midnight motel

1 note · View note

dentistfory · 2 years

Text

Argo shares soar following $65M sale of mining facility to Galaxy digital

Struggling Bitcoin (BTC) miner Argo Blockchain sold its Helios mining facility in Texas to Galaxy Digital for $65 million and also got a $35 million loan from the company as part of the deal, according to a Dec. 28 statement.Following the news, Google Finance data shows that its London shares were up by over 100% to £7.22 as of press time.

Argo repays old loans using new financing

According to the press statement, Argo used the proceeds from the Helios facility sales and part of the loan to repay its debt, which includes the money it owes crypto lender NYDIG.In a separate video, CEO Peter Wall confirmed that the firm had repaid its NYDIG debt and another secured lender using the proceeds of its new deal. Wall said:“This transaction with Galaxy is a transformational one for Argo and benefits the Company in several ways. It reduces our debt by $41 million and provides us with a stronger balance sheet and enhanced liquidity to help ensure continued operations through the ongoing bear market.”According to Wall, the new deal was the only “only viable path forward” for the company considering Bitcoin’s declining value and the rising energy cost.

Argo maintains equipment ownership

Argo’s mining equipment in the Helios facility would remain operational. The firm said it maintains ownership of all the mining machines in that facility, adding that it has entered into a two-year hosting agreement with Galaxy. Argo will pay Galaxy an undisclosed hosting fee.Meanwhile, Argo secured its Galaxy loan by using its 23,619 Bitmain S19J Pro mining machines currently operating at Helios and some of its machines located in data centers in Canada as collateral.The firm added that its focus is growing and optimizing the operations at its two data centers in Quebec, Canada, fully powered by low-cost hydroelectricity.Argo disclosed that it will not yet report its earnings for the third quarter of 2022. The firm also added that its stock trading would resume on Dec. 28 when both the London Stock Exchange and the Nasdaq are open for trading. Source link Read the full article

0 notes

themarketinsights · 2 years

Text

Bitcoin Bank Market to see Booming Business Sentiments | Robinhood, Coinbase, Binance, NextBank

Latest Study on Industrial Growth of Bitcoin Bank Market 2022-2027. A detailed study accumulated to offer Latest insights about acute features of the Bitcoin Bank market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

Major players profiled in the study are:

Circle (United States), NextBank (Philippines), Nubank (Brazil), Mizuho (Japan), Elliptic Vault (London), Btcbank (United States), Robinhood (United States), Coinbase (United States), Bitbank (Japan) and Binance (United States)

Get Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/99533-global-bitcoin-bank-market#utm_source=DigitalJournalVinay

Scope of the Report of Bitcoin Bank

Bitcoin Bank is an automated cryptocurrency trading platform that enables anyone, regardless of prior knowledge or expertise, to buy and sell cryptocurrencies on the open market. Bitcoin bank provide trusted and reliable Bitcoin and crypto trading apps in the market, which uses the most accurate predictions through its robots. The platform has immense potential to exploit the most volatile cryptocurrency markets globally and earn the highest profits. Bitcoin Bank uses high-end encryption and most advanced programming algorithms. The app uses all the present and historical data of the market and analyses both strategically and emotionally, thus, creating trend maps for the market.

The Global Bitcoin Bank Market segments and Market Data Break Down are illuminated below:

by Application (SMEs, Large Sized Enterprises, Individuals), Category (Cloud Based, On Premise), Service (Digital Payments, Bitcoin Debit Card, Loan, Balance Holding, Other), Operating System (Android, IOS, Windows)

Market Opportunities:

Continuous Growth in Digital Infrastructure, Rapid Growth in Ecommerce and IT Sector and Growth in Fintech Infrastructure

Market Drivers:

Rising Demand in Online Crypto Trading, Surge in Demand in Digital Assets Purchasing, Rising Demand in Cryptocurrency Custodial Management and Handling solutions and Demand in Virtual Financial Investments

Market Trend:

Innovation of New Crypto Banking Software Applications, Innovation of Fifth Generation (5G) Technology and Developing Web 3.0 Technology for Cryptocurrencies

What can be explored with the Bitcoin Bank Market Study?

Gain Market Understanding

Identify Growth Opportunities

Analyze and Measure the Global Bitcoin Bank Market by Identifying Investment across various Industry Verticals

Understand the Trends that will drive Future Changes in Bitcoin Bank

Understand the Competitive Scenarios

Track Right Markets

Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Have Any Questions Regarding Global Bitcoin Bank Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/99533-global-bitcoin-bank-market#utm_source=DigitalJournalVinay

Strategic Points Covered in Table of Content of Global Bitcoin Bank Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Bitcoin Bank market

Chapter 2: Exclusive Summary – the basic information of the Bitcoin Bank Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Bitcoin Bank

Chapter 4: Presenting the Bitcoin Bank Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2016-2021

Chapter 6: Evaluating the leading manufacturers of the Bitcoin Bank market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2027)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Bitcoin Bank Market is a valuable source of guidance for individuals and companies.

Read Detailed Index of full Research Study at @ https://www.advancemarketanalytics.com/buy-now?format=1&report=99533#utm_source=DigitalJournalVinay

Craig Francis (PR & Marketing Manager)

AMA Research & Media LLP

Unit No. 429, Parsonage Road Edison, NJ

New Jersey USA – 08837

#Bitcoin Bank market analysis #Bitcoin Bank Market forecast #Bitcoin Bank Market growth #Bitcoin Bank Market Opportunity #Bitcoin Bank Market share #Bitcoin Bank Market trends

0 notes

bytex · 2 years

Text

#crypto trading #cryptocurrencies #crypto #crypto exchange #best cryptocurrency app #best crypto exchange #flash loan #crypto exchange canada #canadian crypto trading platform #crypto exchange in canada #best crypto exchange in canada #crypto trading platform canada #crypto canada #crypto loans canada

0 notes

cryptosnewss · 2 years

Text

Iris Energy Slashes Bitcoin Mining Capacity Due to a Requested Loan

Iris Energy – an Australian crypto-mining company whose core competency is operating BTC mining sites in Canada that run exclusively on renewable energy – recently ceased mining at two subsidiaries. Nevertheless, the company still maintains that its business continues to be profitable. Immediate repayment of the requested loan Subsidiaries operating as Special Purpose Vehicles (SPVs) used Bitmain…

View On WordPress

0 notes

thesevillereport · 3 years

Text

In Focus: Square to $250 Billion

I last discussed Square back in March after the company acquired a majority stake of Jay-Z's streaming service Tidal. The acquisition marked another step in Square's new direction. The company that I've long referred to as this generation's cash register machine was moving away from just being a cash register machine company and becoming a full fledged manager of brands.

Benzinga reported last December that Square CEO Jack Dorsey's vision was to have multiple businesses under one brand,and acquiring Tidal was a part of that vision. Since the acquisition, I've patiently waited for what would be next.

Over the past few weeks Dorsey has announced that Square would create a hardware crypto wallet and also create a decentralized finance platform.

Decentralized finance or DeFi allows consumers to use the blockchain to make traditional financial transactions instead of using a traditional centralized financial institution. Lending, borrowing, investing, and making payments can all be done through DeFi platforms. According to DeFi Pulse there is over $2 billion currently locked into DeFi platforms.

In my last piece on Square and in other places I've discussed how the look of what we deem to be a financial institution is changing right before our eyes. Square is one of the companies spearheading the change, and it's not gone unnoticed.

Mizuho analyst Dan Dolev states that buying Square now is comparable to buying Morgan Stanley in 1871. In February Dolev put a price target of $380 per share on Square, behind the thought of Square's Cash App possibly becoming a neo-bank.

Companies like Square and PayPal continue to expand on their services. My thought is that before long they will begin to compete with traditional banks and financial institutions over general loans, car loans, and maybe even home loans.

Square to $500/Share

At a $250 billion valuation, that would give Square a greater valuation than Wells Fargo (WFC), Morgan Stanley (MS), Citigroup (C), American Express (AXP), and Goldman Sachs (GS), but still below Bank of America (BAC), PayPal (PYPL), Mastercard (MA), JP Morgan Chase (JPM), and Visa (V). But what's the catalyst for Square getting to plus $500 a share?

If you haven't realized it yet, Square is building an ecosystem. As investors we've seen how profitable ecosystems can be. Apple's iOS ecosystem has paid off nicely for the company, Google's ecosystem is the best in the world and has rewarded Google shareholder's handsomely.

An ecosystem that links a company's cash register to its own mini-banking platform the Cash App, and links Cash App users to company's using Square terminals. Adding a DeFi platform to the mix will only broaden and strengthen the ecosystem. From the Cash App, users can purchase cryptocurrencies, and through a DeFi app the Cash App users can use their crypto as collateral for a loan or loan their crypto to small businesses using Square terminals, and receive a higher interest rate than traditional banks are paying on loans. Also included in the ecosystem are Stitch Labs, Squares software management operation, and Weebly, the company's website building platform.

While the DeFi part of the equation could be months or years away, as is, the current business is in good, if not great shape. Revenue in 2020 doubled 2019's revenue, and the company also reported a profit on the year. Revenue for Q1 2021was 266% greater than revenue in Q1 2020. Hardware revenue was up 39% year-over-year in Q1 2021, which points to the company's ability to still grab market share. The company's Cash App generated $4 billion of revenue and $495 million of gross profit, which marked an increase of 666% and 171% year-over-year, respectively. Dan Dolev believes Cash App could reach $30 billion in gross profits by 2031.

There's also room for super expansive growth. Currently card payment acceptance with the Square app is only available inthe US, Canada, Japan, Australia, Republic of Ireland and the United Kingdom. China is the region that gets investors excited when U.S. based companies talk about penetrating foreign markets, but I don't see Square in China. However, I could see Square in a host of other countries and regions, which will allow the company to add small populations of users in each region to the ecosystem.

The Technicals

In mid April the stock made a double top and then began to slowly fade. At its current price of $237.52, the stock is trading slightly below its 20 day moving average. Its 200 day moving average sits at ~$220. I don't expect many people to jump on Square bandwagon, as many people don't understand the significance of the crypto wallet, the DeFi platform, and still don't see the ecosystem the company is building. For those reasons I could see the stock trading down to its 200 day moving average, which would be a great time to enter.

The last bounce off of the 200 day moving average came in mid May of this year, and that was at around $200 per share. The bounce of the 200 day moving average propelled the stock to a high of $254 per share, but then the momentum died and stock started to fade again. A stronger area to enter would be at the $200 level, and price level where the stock has found heavy buying in the past. After the Tidal acquisitions, investors not in love with the deal sold Square, but when the stock fell below $200 per share, investors saw a deal and quickly bought the stock back up. Who says Wall Street doesn't know value?

Brands, Brands, Brands, Ecosystem, Ecosystem, Ecosystem

Brands and ecosystem, there's big money in collecting the right brands and providing a good and useful ecosystem, and Square is attempting to do both. Amazon has become the digital version of Berkshire Hathaway, with Prime, AWS, Alexa, Fire, Kindle, and Twitch all under one umbrella. Google's ecosystem of G-Mail, Google Drive, Chrome, Google Docs, Google Maps, YouTube, and a host of other apps have locked customers into the Google ecosystem and have generally made life a little easier.

Square is the process of collecting brands and building an ecosystem. At the company's current $108 billion valuation, we're still in the early stages of something I believe is going to be very, very big.

2 notes · View notes

ailtrahq · 1 year

Text

In a groundbreaking move, FCF Pay, a blockchain-based payments processor, has announced that HSBC customers can now settle their mortgage bills and loans using a variety of cryptocurrencies, including Bitcoin (BTC), Ripple (XRP) as well as several top meme coins. This game-changing feature was announced via a tweet by the firm on Tuesday, marking a significant step toward cryptocurrency integration into traditional financial services. The Tweet reads; “HSBC customers! We are delighted to announce that HSBC users are eligible to pay their mortgage bills and loans with cryptocurrencies through FCF Pay. Some of the accepted cryptocurrencies you can pay with Bitcoin, Ethereum, Binance Coin, Ripple, Doge, Shiba Inu and many more! Try it out for yourself!” Cryptocurrency Integration into Mainstream Finance This development follows a series of moves aimed at integrating cryptocurrencies into mainstream financial transactions. In October 2022, FCF Pay made headlines by enabling the use of SHIB tokens aside from BTC, ETH, DOGE and other cryptos for purchasing Netflix subscriptions and shopping on Amazon, facilitated through the integration of FCF Pay’s Visa card. Moreover, in November 2022, crypto enthusiasts were thrilled to learn that they could utilize their tokens to purchase flight tickets with American Airlines and Air Canada through FCF Pay’s Visa cards. The momentum continued into February 2023 when FCF Pay announced the addition of Shiba Inu’s BONE and LEASH tokens as payment options for its virtual debit cards, expanding the range of supported cryptocurrencies beyond Bitcoin. Banking the Unbanked With Crypto FCF Pay’s commitment to crypto adoption was further underscored last week when the company launched its Crypto Bill Payments system. According to a blog by the firm, this product allows users to settle bills to around 21,000 companies and even public administrations in the USA with cryptocurrencies. These include Bitcoin, Ethereum, Ripple, Shiba Inu, and stablecoins like USDT across various blockchains. As per the blog, this initiative will not only benefit cryptocurrency enthusiasts but also address the needs of the unbanked population in the USA. Notably, FCF Pay has streamlined the cryptocurrency payment process, simplifying it to just three easy steps: selecting the payee, inputting the billing information, and sending the cryptocurrency payment. Additionally, the. payment processor boasts a swift turnaround, with payment execution and delivery completed within 48 hours. It’s also worth noting that FCF Pay extends its support to all types of cryptocurrency wallets, including centralized exchanges, ensuring accessibility for a wide range of users. Source

0 notes

bitcoinbankreviews-blog · 4 years

Text

What Are Crypto CFD’s And Do Manual Signals Work Better Than Auto-Trading

Lloyds Bank United Kingdom See Bank of America Halifax UK United Kingdom See Bank of America Bank of Scotland United Kingdom See Bank of America MBNA United Kingdom See Bank of Americ

Wells Fargo United States Wells Fargo has been named a defendant in a very lawsuit where it had been alleged that the bank sought to dam transfer wires to bitcoin exchange Bitfinex.Bitcoin Bank

Commonwealth Bank of Australia Australia The Commonwealth Bank of Australia has held that it will refuse any international money transfer that is meant for facilitating payments with bitcoin or any different altcoin. However, the bank insists that lawful use of bitcoin is permitted—as long as the utilization complies with the bank’s terms and conditions

CitiBank United States See Bank of America

Capital One United States See Bank of Americ

Discover Bank United States See Bank of America. The inclusion of Discover means that each one 5 of America’s largest card issuers and 6 of the high 10 have altcoin bans

Virgin Cash United Kingdom “Following a review of our policies, I will confirm customers will no longer be able to use their Virgin Money mastercard to buy cryptocurrencies,” a spokesman for Virgin Money told Reuters. “This solely applies to our credit cards and not our debit card

Visa European Union Via its subsidiary Wavecrest, Visa ended the utilization of its payment network because the backing of European-issued prepaid altcoin cards, like Bitwala, Tenx, Bitpay, and Xapo. Cards that convert bitcoin into fiat currencies can not be affected.Bitcoin Bank

TD Bank United States Customers have reported that TD Bank has iterated that its policy is to not go with bitcoin or to permit its subscribers to interact in said business. The bank has been accused of stopping bitcoin getting transactions and closing accounts suspected to be linked to bitcoin

Royal Bank of Canada Canada See TDB. “We tend to acknowledge that regulatory, risk and different external environmental factors regarding cryptocurrency continues to evolve,” RBC spokesman AJ Goodman said to Bloomberg. “As such, we continue to review our policies to contemplate how we have a tendency to will best support clients.”

Toronto-Dominion Bank (TDB) Canada Despite moves to the contrary from American banks, Canada’s largest banks are supporting altcoin credit card purchases—as long as the purchase is accepted by Mastercard, Visa, Visa debit, or Interac. This may amendment shortly, however.

Bitcoin platforms are growing in numbers. Learn how to line up a bitcoin checking account to achieve the benefits of getting and trading bitcoin. A way to Convert Bitcoin Bank To Money

Prepared to convert bitcoin to money? Learn the various bitcoin money out options, services to assist you, and the way to decide on the best methodology for you. Bitcoin Investing 101: What is Bitcoin Mining?

If you’re new to the globe of bitcoin investing, you may have some queries concerning the bitcoin mining process. This text can answer those queries. Will I Use Bitcoin As Collateral For A Loan?

Coinmama currently offers the choice to buy Bitcoin with bank transfer using SEPA (Europe), SWIFT (worldwide), or Faster Payments (UK

https://www.cryptoerapro.com/bitcoin-bank/

#Bitcoin Bank

1 note · View note

globaldocz · 2 years

Text

Buy IELTS,PTE,CELPIP Certificates Without Any Exams,Buy Passports,Licenses,ID cards,Erase Criminal Records,Buy Credit Card details and Credit Card Hack software.

Whatsapp: +1(707)701-3848

Wickr : powells1

Email: [email protected]

Website: https://globaldocz.com

Whatsapp: +1(707)701-3848

Wickr : powells1

Email: [email protected]

Website: https://globaldocz.com

Our services.

-Clear your criminal record from any Country database system

-Hack any phone from a distance without physical contact.

-Increase your credit score to your desired amount

-Buy fake drivers license, I’d, ssn, Passport

-Buy clone credit card ready to hit any atm machine, gift card amazon card, etc

-Hack any online banking account, PayPal account, bitcoin, flight tickets

-Buy any school certificate, diploma, degree all registered under the database system

-Fake bank account/verified bank account with login details for a loan

Whatsapp: +1(707)701-3848

Wickr : powells1

Email: [email protected]

Website: https://globaldocz.com

We provide Questions and answers for the upcoming exams Available Certification without exams Remote control assistance during your exams Upgrade your Previous scores

#IELTS Certification#PTE Certification#CELPIP Certification#TOEFL Certification#OET Certificate

* School Grade Changes hack

* Hack University grades and Transcripts

* University title hack

* Erase criminal records hack

* penetration of website and database

* Sales of Dumps cards of all kinds

* Individual computers hack

* Control devices remotely hack

* Burner Numbers hack

* Verified Paypal Accounts hack

* Any social media account hack

* Android & iPhone Hack

* increase your credit score

* Text message interception hack

* email interception hack

* unlocking of frozen crypto wallet

* Increase blog traffic

* Skype hack

* Bank accounts hack

* free loan

* email accounts hack

* Website crashed hack

* help Sign up for ILLUMINATI and get famous faster

* delete YouTube videos or increase views

* school transfer and certificate forgery

* server crashed hack

* Retrieval of lost file or documents

* Credit cards hacker

* loading of bitcoin.

Whatsapp: +1(707)701-3848

Wickr : powells1

Email: [email protected]

Website: https://globaldocz.com

0 notes

diarrheaworldstarhiphop · 6 years

Photo

Despite Bitcoin’s Dive, a Former Soviet Republic Is Still Betting Big on It

Tax breaks, land deals and cheap energy have spurred cryptocurrency mining in Georgia, which wants to be a digital data leader.

TBILISI, Georgia — For three years, a windowless warehouse on the edge of town has been whirring with enough energy to power nearly 50,000 homes. Day and night, the warehouse, and dozens of cargo containers in a windswept valley, are generating Bitcoin, the cryptocurrency that has created a virtual gold rush in the former Soviet republic of Georgia.

Bitfury, a bitcoin technology company, is churning out millions of dollars’ worth of the digital money using ultracheap hydropower harvested from waters rushing down the volcanic peaks of the Caucasus. Even as the currency has tumbled in value, thousands of Georgians have jumped into the game and sold cars — even cows — to buy high-powered computers to mine Bitcoin and join what has become a state-supported dash toward data supremacy.

A former prime minister encouraged Bitfury, then based in San Francisco, with a $10 million loan in 2015. The governing Georgian Dream party sold 45 acres for $1 for Bitfury to set up shop. The government has been selling energy at half the rates charged in the United States or Europe, and it has created tax-free zones to draw in tech-savvy entrepreneurs.

The efforts have given Georgia, with 3.7 million people, a dubious distinction. It is now an energy guzzler, with nearly 10 percent of its energy output gone into the currency endeavor. The country consumed so much power in recent years that the World Bank ranked it one of the most active cryptocurrency sites in the world.

The whole experiment is likely to face immediate challenges as the price of Bitcoin declines, after a spectacular rise tempted investors around the world to bet on cryptocurrencies.

Most companies tend to lose money when the price of Bitcoin falls below energy costs, and mining operators worldwide have recently been scaling back. The largest mining company, the Chinese company Bitmain, has been closing offices and laying off workers. Last week, Bitfury, which incorporated in London in 2018, announced layoffs at a facility in Canada.

Georgia, however, has been betting its economy on luring blockchain technology, the encrypted storage capability behind all crypto transactions.

Bitfury has helped migrate most of Georgia’s land registry to blockchain, making the government one of the first to rely on the secure digital ledger. Its tax system may soon follow. Georgia aims to beat Malta, Bermuda and other countries known for light-touch regulation of cryptocurrencies to dominate blockchain development.

“The economy’s digital transformation is our highest priority,” said George Kobulia, the economy minister. “We’re supporting this any way we can.”

A Low-Tax Frontier

In downtown Tbilisi, a neon-lit Marriott welcomes tourists. A nearby shopping mall installed a special A.T.M. for Bitcoin withdrawals. A cryptocurrency exchange flashes the prices of Bitcoin, Ether and other digital money on a ticker.

When street protests ousted the last Soviet-era leader in 2003, the government, struggling with poverty, corruption and grinding bureaucracy, began selling itself as a business-friendly low-tax outpost for investment. Big financial institutions came in. So did casinos. A private company willing to take a risk was Bitfury, founded in 2011 by a tech savant from Latvia who was proselytizing about a strange virtual industry.

Remi Urumashvili, a well-connected lawyer and now Bitfury’s main representative in Georgia, said that when Valery Vavilov, the co-founder and chief executive, approached him to seek advice on building a cryptocurrency operation, he was baffled.

“They told me they wanted to mine Bitcoins, and I’m asking them, ‘Hey, guys, what’s a Bitcoin?’” Mr. Urumashvili recalled.

Mr. Vavilov told him that the currency had introduced a new technology, blockchain, that had the potential for widespread use in business. Mr. Urumashvili said he had seen a potential tax advantage.

“They explained that it’s money that exists on the internet,” he said. “So I said, ‘If a thing doesn’t exist in reality, maybe the tax will be zero.’”

Mr. Urumashvili worked hard to lobby lawmakers to keep Georgia an open market for cryptocurrency. “I don’t like regulations,” he said, arching an eyebrow. “And there are very few regulations here for anything.”

As soon as Bitfury opened its doors, Georgia created “free economic zones” where mining activities and electricity weren’t taxed. When Bitcoin and other cryptocurrencies were exchanged for dollars or pounds, Georgia treated the exchange as an export exempt from value added taxes, so Bitfury could keep every penny of earnings.

Rumors have swirled that Bidzina Ivanishvili, a former prime minister from the Georgian Dream party and the country’s richest oligarch, has been a secret beneficiary of the digital experiment. He gave Bitfury a $10 million loan through his investment fund when Bitfury’s executive vice chairman, George Kikvadze, sat on his investment board.

Mr. Ivanishvili declined an interview. Mr. Urumashvili of Bitfury said that no laws had been violated to encourage Bitfury, and that the former prime minister’s loan had been paid off. He had no other ties to Bitfury, Mr. Urumashvili added.

The government even expanded an entire power station next to the Bitfury facility to pump in electricity at no extra cost. With energy prices at 5 to 6 cents per kilowatt-hour, Bitfury and its supporters could envision prosperity, if not around the corner then somewhere just beyond the fog of Georgia’s storied mountains.

Mining With Friends

When Bitfury came to Georgia, one Bitcoin was worth around $350. It spiked to nearly $20,000 before tumbling. Big players like Bitfury have bandwidth to keep operating. But smaller investors have been far more vulnerable.

In villages across Georgia, an estimated 200,000 people secured mining computers to set up in basements and garages. For young people especially who struggled in a tough economy, Bitcoin seemed an alluring alternative to just making ends meet.

Joining the rush was George Kirvalidze, 35, the former owner of a small internet company in the town of Kvareli, three hours from Tbilisi in Georgian wine country.

About half the town’s 6,000 households have some kind of a mining rig, he said.

“Most people who bought in thought high prices would last forever,” said Mr. Kirvalidze, who has managed to mine 20 Bitcoins.

Even farmers got involved. “At one point it was more profitable than owning a cow,” he said. “Now it’s not so sure.”

Cryptocurrency lives off a blizzard of mathematical calculations. Computers, or miners, around the world compete to solve complex formulas on the blockchain. When a mining computer gets the right answer, it is given a bundle of new Bitcoins as a reward.

The constant calculating superheats computers, and the energy demand — to power the computers and to cool them — has spiraled in places where such currencies are pursued.

To save energy, Mr. Kirvalidze created a mining pool with nine friends, who grouped their machines in a friend’s garage. One November afternoon, 15 of the 60 miners were turned off because Bitcoin prices had fallen too low to justify the energy use. More would shut down if prices continued to slump, he added.

“Bitfury is one step ahead of us,” Mr. Kirvalidze observed, citing the company’s cutting-edge technology and quasi-state backing in Georgia.

“If we could get cheaper energy prices, too, we could make more,” he said. “That would increase money circulating in the economy and eventually improve growth.”

‘Onto the World Map’

Forty-five minutes from the center of Tbilisi, trucks rumble over two-lane roads and past faded pink and yellow high-rises. A prison, in matching pink and yellow paint, blights a cow pasture. In the middle of the valley rises the gray confines of Bitfury, plunked on a 40-acre concrete strip protected by guards and a high wire fence.

In a warehouse as big as a Walmart, Ilia Koranashvili, a muscular engineer with a snake tattoo, walked around 160 hermetically sealed stainless steel tanks filled with power-efficient chips and a special cooling liquid. The tanks are Bitfury’s experiment to keep energy costs down and make the mining cost effective almost anywhere, said Mr. Koranashvili, who heads Bitfury’s monitoring team.

Industry estimates suggest the company mines just over 5 percent of all Bitcoins, although no one would say how much was being mined here.

But competitors in Georgia reckon it was a fortune. Vakhtang Gogokhia, the chief executive of Golden Fleece, a small cryptomining start-up, said he was pulling in around 10 Bitcoins a month using one megawatt of energy, enough to light 1,000 homes. Bitfury says it constantly consumes at least 45 megawatts of energy, though Mr. Gogokhia suspected it was more.

Critics say the government, by subsidizing operations like Bitfury, is ripping off taxpayers by forcing them to foot the bill for well-connected companies.

Zurab Tchiaberashvili, a lawmaker from European Georgia, the largest opposition party in Parliament, said the government’s generosity toward Bitfury had deprived Georgians of millions in tax revenue.

“It’s a huge conflict of interest,” he said.

Mr. Urumashvili brushed off such concerns. “Bitfury has given our country many things, including a path to the future,” he said. “When you have a ticket to get onto the world map,” he added, “you should use it.”

Still, as Bitcoin prices highlight the uncertain nature of cryptocurrencies, the government isn’t putting all of its eggs in one basket.

“Georgia is interesting for cryptocurrency miners,” said Mr. Kobulia, the economy minister. “But would it be a major source of our economic growth? Maybe not.”

Correction: Jan. 23, 2019

An earlier version of this article misstated the nation where Bitfury, a blockchain technology company, is based. It is incorporated in Britain, not the United States. The error was repeated in a photo caption. The article also misstated the position that George Kikvadze holds at Bitfury. He is the executive vice chairman, not the vice president. The rate for the energy prices paid by Bitfury was also incorrect. It is 5 to 6 cents per kilowatt-hour, not per hour.

#bitcoin #cryptocurrency #georgia

23 notes · View notes