Topic: [ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info - page 50. (Read 759212 times)

Hello, guys! Look at this. It can be interesting.
https://bitcointalk.org/index.php?topic=694691.new#new

Hello, guys! Look at this. It can be interesting.
https://bitcointalk.org/index.php?topic=694691.new#new

.


Get REAL market adoption!
Get your Coin on our ATM-Network in Europe



http://www.szenekonzept.de/coinsulting/ATM-START-COINSULTING-TRANSFAIR-SZENEKONZEPT.jpg



Hello Coin-makers, experts, supporter..

This summer, we started the operation of two Bitcoin / Litecoin / Dogecoin Two-Way-ATMs (bitcoinatm.com) in Germany, later Istanbul among others.
The devices allow users, to exchange Coins in Dollars or Euros and vice versa.  
The (now three) devices are already here and  tested, currendly we are deploying them to their locations in Cologne and Frankfurt Airport.

Our main goal is (besides of earning money) to get as many crypto-currencies into the market as possible, to foster a decentralized, democratic and diverse system. So these ATM's are just the beginning of a long, but clear roadmap. Next step will be, to finish our own frirmware and replace the OEM firmware of the ATM. This will not only enable us, to add any coin, we like, but also provide the later needed interfaces and APIs, to smoothly integrate our ATMs, into our currently planning pay,ment processing system and various online exchanges.  Now, we would like to speed up this development and beginn testing tilll end of this year. To raise the additional money, for that, we decided, to go even a step further and to intoduce the first ten altcoins into our project, so that these can grow smoothly with us .

This we'd like to offer to  creators / producers / supporters of altcoins,
who will take part on this crowdfunding:

- The opportunity, to make it possible, that everybody can get his Coin into ATMs.
- A contract, that guarantes your coin, getting into the portfolio, of our ATM Exchanges.
- Skyrocket the merchant acceptance and usability, of you coin
- Get involved into our whole development proceess and  experience / influence our daily business.
- Make quite shure, your coin gets a „firstmover“ attention in pressreleases.

Are there any reqirements:

- being business partners, we will have to like each other. (Yes! We only work with, persons, we like)
- your coin should have a value, to enable cash outs, that make any sense
- you have any official business, to assign our agreement to


As, our common practice, when choosing partners, we follow the concept
„test more, choose carefully, then work with full trust“

Details about the software structure, timetable and any other questions, we'd like to answer personally.

Gideon Gallasch (Greenmedia/Consulting): SKYPE: greenmedia bochum / T: 00491775401534
(he is the guy to ask about contract details, investor relations)


Matthias Klees (Szenekonzept/Coinsulting): SKYPE: szenekonzept / T: 004921616787707
(Me)

Really? If you are going to trash the coin, at least put some effort into it.

I am enjoying this, people that are using mintpal as a wallet should consider using a real wallet and stake

I wrote something here...

strange sentiment...but thanks for stopping by...

a typo, its missing "THE"

I wrote something here but deleted it, this coin is shit.

I am enjoying this, people that are using mintpal as a wallet should consider using a real wallet and stake

Bitcoin Legislation Potentially Disastrous for Growing Canadian Tech Sector

Concerns continue to mount in the cryptocurrency sector over the Harper Government’s approach to Bitcoin. Bill C-31 contains many potential implications to crypocurrency users, spread throughout various acts in dense legislation. While in spirit most of these developments were expected and not troubling for the international industry, the ambiguity of these rules has generated disastrous results for Canadian end users.

New rules could cause thousands of foreign registrations with FINTRAC

Under Bill C-31 and new money laundering rules, in order for a Canadian to sell any cryptocurrency to someone across borders, both parties could be required to register with FINTRAC as a money services business first. Not only will this most likely create a bottleneck of services at FINTRAC, it will discourage current and potential users from working with the Canadian sector.

Chris Salsman, President of The WhiteCoin Foundation, believes this could stifle Canada’s participation in a growing international industry.

“This is an eight billion dollar and growing business, and I fear we could see a migration offshore. Vault of Satoshi is a widely respected Ontario based bitcoin exchange, but why would any international user do business with them if they could be forced to jump through lengthy bureaucratic hoops? This demonstrates a completely backwards and dismissive approach to crypto by the Canadian Government. Vault of Satoshi is registered with FINTRAC and requires users to identify themselves fully to conduct transactions, and that should be enough.”   

Canadian Bitcoin Related Bank Accounts Frozen

Dozens of Canadians have had their accounts frozen by nervous banks uncertain of what demonstrates a suspicious cryptocurrency transaction.  Under these rules banks are not permitted to have relationships with ‘unregistered money service businesses’, which could potentially be interpreted as any Canadian who sells a cryptocoin and then tries to deposit the proceeds into a bank account without first being registered. There is total ambiguity as to if they will apply only to exchanges, or include bitcoin miners, buyers, or even just someone who accepts payment for service in bitcoin. Mr. Salsman understands why banks are concerned.

“Until there is clarification as to what a ‘dealer in virtual currencies’ is, banks are naturally responding this way out of fear of being found non-compliant, and the end result is many Canadians having their bank accounts unfairly frozen. ”

Bill C-31 Could Impede Canada’s entry to $8 billion & growing sector

Despite these difficulties in Canada, the bitcoin and cryptocurrency sector continue to grow. Mr. Salsman believes the real threat here is to the Canadian technology sector.
“I’ve met many industry innovators from across this country, all of whom believe cryptocurrency represents an amazing opportunity for a struggling Canadian tech sector.  A Bitcoin or WhiteCoin is really just an encrypted proof of work chit, which means its potential applications go far beyond just payment transfer. A cryptocurrency technology based password protection service was recently launched; while this business would present no vehicle for money laundering, they too could be considered ‘dealers in virtual currencies’. Why would this industry choose Canada as a place to do business if that’s the case?”

Lack of consultation with industry breeds distrust

Despite the Federal Ministry of Finance claiming to be open for comment for months, there has been no understood outreach. This lack of communication with the industry and its users is troubling to say the least, but Mr. Salsman is hopeful it can still turn around. “Money laundering is a serious concern, and we’d be more than happy to work with Canadian Legislators to help create laws that address it while fostering the growth of this innovative sector.”

mintpal reserves dropping, shows a lot of long term confidence, people are staking instead of selling

+1

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What's our # hastag for no on bill c-31?

There seems to be a lot of interest in this. I think maybe we should consider putting out a wider call to action regarding Bill C-31.

That's awesome^^^^

Our release about Bill C-31 is also on the front page of /r/bitcoin right now on reddit. IMO if we can work with other coin communities like this and get our voices heard, it's only more exposure for WhiteCoin, let along contributing to a very important discussion.