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Never Give Up On Your Internet Business

DSCF9585Does fear of failure keep you from starting exploring new ventures?
Have you ever asked yourself, why online success comes easily to other people, but seems to be eluding you all the time?
Have schemers driven you to the point of giving up?

My advice is short, sweet and to the point: You need to know that, it’s always too soon to quit! Remember quitters never succeed.

Successful people hang in there, they get back up when they fall and try again. You see, your friends who have become Online Success Stories didn’t throw in the towel and quit when the going got tougher, NO, No , No! They knew what they wanted in life and they wanted it badly enough to persevere through the desert, and what happened: They got to the other end. They paid the price and achieved their Online business dream. You CAN too ,only if you don’t quit on yourself and your internet venture.

Remember: It’s always too soon to give up. In other words, Never Give Up until you get the results that you after.
All the best!

Howard Mahere

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A Positive approach is a prerequisite for success

In the course of operating their businessess entrepreneurs meet challenging situations on a daily basis.  However, its how they react that determines their altitude.  It is very important for the business owner to know the value of challenges.  That challenges are meant to make us strong, many of the great achievers we see today turned obstacles into stepping stones and in the end became successful beyond measure.

Today, I have decided to share a story which I am sure will help to make us appreciate the role of obstacles in our different situations .  Lets learn to welcome challenges for our own growth.

Positive Approach

By: Author Unknown

A little girl walked daily to and from school.  Though the weather that morning was questionable and clouds were forming, she made her daily trip to school.  As the afternoon progressed, the winds whipped up, along with thunder and lighting.

The mother of the little girl felt concerned that her daughter would be frightened as she walked home from school, and she herself feared that the electrical storm might harm her child.

Following the roar of thunder, lightning, through the sky and full of concern, the mother quickly got in her car and drove along the route to her child’s school.

As she did so, she saw her little girl walking along, but at each flash of lightning, the child would stop, look up and smile.  Another and another were to follow quickly, each with the little girl stopping, looking up and smiling.

Finally, the mother called over to her child and asked, “What are you doing?”

The child answered, smiling, “God just keeps taking pictures of me”.

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Ripple to Invest Up to $50M in MoneyGram Following New Partnership

Ripple to Invest Up to $50M in MoneyGram Following New Partnership

Major money transmission network MoneyGram has entered into a strategic partnership with blockchain-based payments firm Ripple, according to a press release on June 17.

As part of the two-year agreement, the two firms will become partners in cross-border paymentsand foreign exchange settlements with digital assets. As part of the agreement, MoneyGram will be able to draw up to $50 million dollars from Ripple in exchange for equity.

MoneyGram will purportedly use Ripple’s xRapid liquidity product, which allows money to be sent in one currency and instantly settled in the destination currency. In using Ripple’s XRP token for such transfers, xRapid can purportedly settle such transactions faster than with fiat currencies or other major digital assets. MoneyGram Chairman and CEO Alex Holmes said:

“Through Ripple’s xRapid product, we will have the ability to instantly settle funds from U.S. dollars to destination currencies on a 24/7 basis, which has the potential to revolutionize our operations and dramatically streamline our global liquidity management.”

According to its website, MoneyGram is the second largest payments firm in the world, operating in over 200 countries. Much of MoneyGram’s business is in the global remittances market, the value of which is estimated to be worth $600 billion.

In March, India’s Federal Bank (IFB), a commercial private bank, partnered with Ripple to use its network for cross-border remittances. The partnership was part of an initiative to apply new technologies to IFB’s remittances network, having also launched two platforms in the United Arab Emirates for making payments to India.

Earlier this month, Ripple launched a Brazilian office with the goal of expanding across Latin America. Luiz Antonio Sacco, former CEO at the Brazilian subsidiary of global warranty solution provider The Warranty Group, will reportedly lead the new office.

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Wise words

“Don’t chase money – you will never catch it! Rather – chase helping people – and money will chase you.

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Over 100 Staff Now Reportedly Working On Facebook’s Crypto Project

Over 100 Staff Now Reportedly Working On Facebook’s Crypto Project

More details are now emerging regarding high-level executives for social media giant Facebook’scrypto project, according to a report by CNBC on June 6.

According to the report, there are now 100 people known to be working on the crypto project via profiles on professional networking platform LinkedIn. Facebook is also reportedly not done hiring, with over 40 openings still available in the team’s business unit, as per its website listing.

The aim of Facebook’s new crypto project, according to advertising on its career descriptions, is to provide a public service centered on accessibility:

“Our ultimate goal is to help billions of people with access to things they don’t have now — that could be things like healthcare, equitable financial services, or new ways to save or share information.”

The head of Facebook’s blockchain-based project is David Marcus. Marcus served on the board of cryptocurrency exchange and wallet service Coinbase until recently, and previously worked as the president of PayPal.

Additionally, Facebook developer Eric Nakagawa will reportedly take the title, “head of open source.” Nakagawa has reportedly championed open source projects in the past at PyTorch artificial intelligence (AI) software. Nakagawa also previously acted as founder and CEO of popular 2000s humor website, “I Can Has Cheezburger?”

As recently reported by Cointelegraph, Facebook may relinquish control of its cryptocurrency governance to third parties, in order to provide a degree of decentralization. Additionally, Facebook will reportedly announce its secretive crypto project some time this month, at which point its employees will be allowed to take part of their salary in the platform’s native cryptocurrency.

At blockchain conference Consensus 2019, the CEO of Polychain Capital said Facebook would be wise to build its alleged stablecoin on a public, open blockchain infrastructure. CEO Olaf Carlson-Wee commented that doing so would alleviate public concern, saying:

“I think given all the problems that Facebook has had with policing their platform and things like that, I think that the strategic move for Facebook would actually be to build public infrastructure. And that public infrastructure could be incorporated onto all the Facebook platforms, which of course are proprietary. But that public infrastructure, if they don’t try to own it, I think that’s where they will have the most success.”

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Tron’s Justin Sun Wins eBay Charity Auction in $4.57M Bid to Lunch With Warren Buffett

Tron’s Justin Sun Wins eBay Charity Auction in $4.57M Bid to Lunch With Warren Buffett

Tron’s Justin Sun Wins eBay Charity Auction in $4.57M Bid to Lunch With Warren Buffett

Tron (TRX) founder and CEO Justin Sun has won an eBay charity auction to have lunch with renowned investor and Berkshire Hathaway CEO Warren Buffett. The news was revealed in a press release shared with Cointelegraph on June 3.

Sun reportedly bid a record-breaking $4,567,888 to win the charity auction, which has been held by Warren Buffett for the past 20 years.

Bloomberg reports that the winner, who had previously been unnamed, will be able to bring seven friends along for lunch with Buffett at a steakhouse in New York.

All proceeds from the auction benefit the San Francisco-based non-profit GLIDE Foundation. As the press release notes, GLIDE focuses on fighting injustice and inequality on behalf of economically deprived and oppressed communities in need, including the homeless, those from ethnic minorities or of LGBTQ orientation.

Buffett’s wife is reported to have been a GLIDE volunteer before her passing in 2004, since which the investor has upheld his own commitment to the foundation, reportedly raising over $30 million to date in auction proceeds.

In a statement, Sun emphasized the importance of contributing to a foundation whose work provides holistic programs for the local community, noting that:

“BitTorrent and TRON’s US headquarters are in San Francisco, and bidding on this charity auction was a key priority for our team. I’m proud to have my bid donated to GLIDE, a foundation that provides critical support for our local homeless community.”

According to the press release, the auction was hosted in cooperation with the “eBay for Charity” initiative, which enables members of eBay’s online community to support their chosen charities both donate platform-derived proceeds and additional contributions to various causes. The initiative has reportedly raised almost $912 million for nonprofits via the e-commerce community to date.

In her own statement, Karen Hanrahan, CEO and president of GLIDE, underscored that 100% of Sun’s contribution would be used “to help people overcome barriers such as homelessness, addiction, hunger and social isolation and reach their full potential.”

As reported, Sun also recently offered to personally deposit 7,000 BTC to compensate the loss incurred by the major hack of top crypto exchange Binance last month. The offer — alongside other similar offers from industry members such as Coinbase and QKC — was gratefully acknowledged but declined by Binance CEO Changpeng Zhao.

For some in the crypto community, Sun’s charity lunch with Warren Buffett will recall the investor’s much-publicized negative view of decentralized cryptocurrencies. While Buffett is well-known for this scathing stance — memorably characterizing bitcoin as “probably rat poison squared.” He has, however, recently made more positive comments in regard to blockchain.

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US Telecoms Giant AT&T Now Accepting Crypt

US Telecoms Giant AT&T Now Accepting Crypto Payments via BitPay

United States telecom and media giant AT&T now accepting cryptocurrency for paying phone bills online, according to an official press release on May 23. AT&T will process bills paid in cryptocurrency using crypto payments platform BitPay.

BitPay is a platform that converts cryptocurrencies to fiat and is used by over 20,000 businesses. AT&T is reportedly the first United States-based business in the wireless network industry to offer bill payments with BitPay.

Kevin McDorman, vice president of AT&T Communications Finance Business Operations, said, “We have customers who use cryptocurrency, and we are happy we can offer them a way to pay their bills with the method they prefer.”

Near the end of 2018, AT&T announced that it was working on a suite of blockchain solutions compatible with Microsoft Azure and the IBM Blockchain Platform. The stated aim of the suite is to provide “additional transparency and accountability to even the most complex supply chains” for institutional customers in fields such as manufacturing, retail, and healthcare.

AT&T also filed a patent application — which was published by the U.S. Patent and Trademark Office (USPTO) in December — for a blockchain-based “social media history map” that would allow a network such as AT&T to gather its subscribers’ social media “transaction” data. As per the application:

“The social media history map platforms described herein may take advantage of the immutable and permanent nature of blockchain records to store, and provide access to, data representing online transactions that occur on multiple social media applications.”

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Bitcoin’Creator’!

Bitcoin ‘Creator’ Craig Wright Files Copyright Claims for BTC White Paper and Source Code

Self-proclaimed Bitcoin creator Craig Wright has filed copyright claims to prove his authorship of the seminal Bitcoin white paper entitled, “Bitcoin: A Peer-to-Peer Electronic Cash System”, penned by the pseudonymous Satoshi Nakamoto in 2008. Wright says he invented Bitcoin while operating under the name Nakamoto.

The Bitcoin white paper copyright filing lists Wright as the sole claimant. The Bitcoin code copyright filing also lists Wright as the sole claimant.

Says Jerry Brito, director of Coin Center, the leading non-profit organization focused on cryptocurrency policy issues,

“Registering a copyright is just filing a form. The Copyright Office does not investigate the validity of the claim; they just register it. Unfortunately there is no official way to challenge a registration. If there are competing claims, the Office will just register all of them.”

“Someone else could today also register themselves as the author of the white paper, thus inviting a suit from Wright and letting a court decide on the validity of the claim.”

Wright, however, claims that the new filings end the long dispute, and establish him as the creator of Bitcoin.

According to a press release published on CoinGeek, owned by Wright supporter Calvin Ayre,

“Wright is now legally establishing that he is Bitcoin’s creator after being dismayed to see his original Bitcoin design bastardized by protocol developer groups – first by Bitcoin Core [BTC] in 2017 and then again by Bitcoin Cash [BCH] developers in 2018. Those non-Satoshi protocol changes were made by developers who disagreed about whether or how the blockchain should massively scale.”

Bitcoin SV (Satoshi Vision), launched by Wright and supported by Calvin Ayre, the owner of CoinGeek, soared to $139.31 on the announcement, more than doubling in value since yesterday when it was trading at $62.11. BSV is now trading at $94.98.

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Bitcoin Trader Hangs Himself!

Bitcoin, crypto, India

A bitcoin trader takes his life after alleged threats from a police official demanding a return on his crypto investment. | Source: Shutterstock

Indian Bitcoin Trader Hangs Himself, Blames Senior Indian Cop in Suicide Note

By CCN: A bitcoin trader in India’s Gujarat State has been pushed to suicide after incurring losses in a cryptocurrency investment he made on behalf of a senior police officer.

According to Ahmedabad Mirror, the Bharat Patel hanged himself early Sunday. This was after Chirag Savani, a deputy superintendent of police, and his elder brother, Harnish Savani (AKA Montu) pressured him to compensate them for losses they incurred after investing in bitcoin.

In a suicide note, Patel explained that he had invested money belonging to the two brothers in bitcoin. Allegedly the senior police officer had invested an amount worth five bitcoins at an unspecified time. But following a decline in the price, the two brothers now wanted a little over 11 bitcoins as compensation:

“DySP [Deputy Superintendent of Police] had come to my house to invest in five bitcoins. After incurring a loss due to slide in their value, Chirag and his brother Montu were demanding 11.575 bitcoins. I am distraught due to the recovery they are claiming. My life is not worth living. DySP Chirag Savani came to my house and threatened me to return the amount they had invested. I have been forced to commit suicide. The two brothers are responsible for my act.”

SENIOR COP WAS DEMANDING A LEG AND AN ARM

Patel did not disclose the exact time the investment was made. But the brothers’ demands could suggest that the investment was made when prices were higher than now. The two brothers are seeking more than double the bitcoins they had invested in as compensation.

At the current prices, the 11.575 bitcoins that the two brothers are demanding are worth around $92,000.

Per Patel’s wife, Usha, the bitcoin trader had tried to convince the two brothers to accept payment in installments. However, they insisted on a lump sum payment. The two brothers were also demanding that interest be paid on the principal amount that they had invested. The suicide note did not reveal the rate.

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Great quote!

“Every man must do two things alone:   he must do his own believing and his own dying”.

Martin Luther

 

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Stalwart Crypto Investor Andreessen Horowitz Raises $2.75 billion for Two New Funds

Stalwart Crypto Investor Andreessen Horowitz Raises $2.75 billion for Two New Funds

Silicon Valley-based venture capital firm and high-profile crypto investor Andreessen Horowitzhas raised $2.75 billion for two new funds, according to a company announcement published on May 1.

The lion’s share of the new capital will go toward a specialized $2 billion late-stage venture fund (LSV Fund I), headed by Andreessen Horowitz general partner David George.

The $750 million has meanwhile been raised for a sixth general fund — focused on early-stage enterprise, consumer and fintech offerings — which will sit alongside the company’s existing specialized cryptocurrency and bio funds.

As managing partner Scott Kupor notes in yesterday’s announcement, cryptocurrency was still in its nascency when the venture capital firm launched in 2013. The creation of its crypto-dedicated $350 million crypto fund, a16z —  which backs a range of ventures from blockchain projects to initial coin offerings (ICOs) — prompted the firm to hire its first female general investing partner in 2018, as Cointelegraph reported at the time.

Since then, Andreessen’s Horowitz’s $350 million crypto fund, a16z, has invested in blockchainstartup MakerDAO (MKR) — which stands behind ether-based stablecoin Dai (DAI) — stablecoin project Basis and institutional crypto custodian Anchorageas well as blockchain cloud computing startups DFINITY and Oasis Labs.

This February, the University of Michigan’s $12 billion endowment revealed plans to bolster its investment in Andreessen Horowitz’s “cryptonetwork technology fund” (CNK Fund I).

Andreessen’s Horowitz’s website also lists bitcoin (BTC), ether(ETH), decentralized DNS startup Handshake, dYdX exchange and stablecoin trueusd operator Trusttoken among its crypto-related investments.

Last month, Andreessen’s Horowitz announced it was restructuring by registering all of its employees as qualified financial advisors and renouncing its former status as a venture capital firm. The restructuring will ostensibly enable the company to take riskier bets on certain business areas, including cryptocurrencies.

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Just Do It: Nike Sprints Into Cryptosphere, Reveals Blueprint for Crypto Marketplace

Nike just may introduce cryptocurrency to millions of athletes and sports fans around the globe.

The world’s largest supplier of athletic shoes and apparel has filed a trademark application for “Cryptokicks” with the United States Patent and Trademark Office.

The application suggests that Nike is entering the cryptocurrency space and will be exploring several blockchain-related products and services including,

“Online marketplace services, namely, providing a marketplace for buyers and sellers of digital currency assets; Operating an online marketplace featuring footwear and clothing; on-line retail store services.”

“Electronic bulletin board services; Providing on-line forums for transmission of messages among computer users; Providing on-line chat rooms and electronic bulletin boards for transmission of messages among users in the field of cryptocurrency and digital currency assets; electronic messaging services.”

In a video review of the application, trademark lawyer and founder of Gerben Law Firm, Josh Gerben, provides several reasons why he believes the application indicates the company’s intent to launch a cryptocurrency.

Embedded video

Josh Gerben@JoshGerben

Nike has filed a trademark application for CRYPTOKICKS.

The filing indicates that Nike is intending to launch a cryptocurrency called CRYPTOKICKS.

Below is my analysis of the filing and its implications 👇

Says Gerben,

“This appears to be a filing for a brand for a cryptocurrency. Among all the other things listed here in the application, this is the headline, ‘It’s for providing a digital currency or digital token for use by members of the online community.’ This is trademark speak for ‘This is a cryptocurrency called Cryptokicks.”

The application was filed based on what’s called a 1B basis. This means the application was filed on an intent to use the trademark. When you file a trademark application, you have to indicate whether you’re actually using it now or you just intend to use it in the future. So Nike indicated here that they intend to use the trademark. And when they submitted the application, they did submit a sworn statement saying they had a bona fide intent to use this trademark in the near future. So be on the look-out for your Cryptokicks cryptocurrency from Nike very soon.”

Submitted on April 19th, Nike’s application has not yet been reviewed.

VeChain, the Shanghai-based blockchain platform company which has developed multiple partnerships for enterprises seeking to improve and streamline their supply chains, recently collaborated with Nike’s competitor, Adidas, to create shoes inspired by the HBO series Game of Thrones.

Crypto is also making its way into the apparel industry via ‘Gucci Gang’ performer Lil Pump. The Billboard-charting rapper says he’s accepting Bitcoin at his online store where fans can buy t-shirts, sweatshirts and accessories using a standard crypto wallet or via the Lightning Network.

While Nike strategizes its entrance into the crypto space, online portal Cryptokicks, which uses the same name but is unrelated to Nike, appears to sell crypto-inspired clothing for payment in Bitcoin, Litecoin and Ethereum.

Nike reported $36.4 billion in revenue in 2018. It joins several other Fortune 500 that are exploring the development of crypto products and services, including SamsungStarbucks and Facebook.

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