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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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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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Largest Travel Management Firm in UK Accepts Bitcoin

Largest Travel Management Firm in UK Accepts Bitcoin

Corporate Traveller, the largest travel management firm in the United Kingdom, is now accepting Bitcoin (BTC) for payments, according to a press release on April 15.

A newly announced partnership with crypto payments company BitPay will allow Corporate Traveller — which provides business travel management services to SME companies — to accept bitcoins. Andy Hegley, U.K. General Manager at Corporate Traveller said:

“We identified an increasing demand from our clients for the option to pay in bitcoin for business travel bookings made by our travel consultants. We chose BitPay to manage our merchant processing because they make it easy and handle the entire process of getting the Bitcoin or Bitcoin Cash from the customer and depositing cash into our account.”

According to the press release, Corporate Traveller is unconcerned with price volatility in crypto markets, as the bitcoins will be converted directly into British pounds. BitPay purportedly charges a 1% commission to convert the funds, which Corporate Traveller says is cheaper than credit card processing.

Other firms and organizations in the tourism and travel industries have begun accepting cryptocurrencies, citing customer demand. In March 2018, the German National Tourist Board announced that it takes bitcoins and other cryptocurrencies as payment for its services.

In August of the same year, the state government of the Australian province of Queensland issued a grant to the TravelbyBit digital currency payments platform, which aimed to boost tourism in Central Queensland through selling travel offers with cryptocurrencies.

BitPay, for its part, recently reported that it saw over $1 billion in transactions last year. According to a January press release, the firm set a new record in terms of transaction fee revenue, having expanded its services to major customers like Dish Networks, HackerOne, and the State of Ohio.

On Jan. 30, BitPay partnered with the Wikimedia Foundation — the non-profit organization that runs Wikipedia — so that it could broaden the number of cryptocurrencies that are acceptable by donation.

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Amazon, Ripple, Anheuser-Busch and Walmart Join List of 50 Companies Innovating on the Blockchain

Amazon, Ripple, Anheuser-Busch and Walmart Join List of 50 Companies Innovating on the Blockchain

Forbes has released its Blockchain 50 list of leading companies in the industry.

Retail giant Amazon is on the list for its suite of blockchain tools built to help developers quickly boot up distributed ledger technology. Brewing company Anheuser-Busch InBev makes the cut for its blockchain pilot designed to work with a vending machine that can verify whether people are old enough to drink. Fintech powerhouse Ant Financial operates a blockchain designed to track products on Alibaba. Crypto and blockchain payments startup Ripple is also on the list for on boarding a long list of clients who move money across its suite of cross-border payment solutions.

The world’s largest electronics supplier, Foxconn, is also featured in the top 50. Its Shanghai-based startup Chained Finance streamlines the supply chain process by allowing Foxconn suppliers and its suppliers’ suppliers to make blockchain-based payments, providing real-time financing and eliminating paperwork. The Taiwan-based company has also invested over $40 million in several blockchain and cryptocurrency-related companies including Abra, Galaxy Digital, Cambridge Blockchain and Digital Currency Group.

Blockchain adoption has gained traction in supply chain management because of its ability to facilitate and instantaneously disseminate the recording of transactions, and to help verify the authenticity of a product. Multiple parties are able to view blockchain ledgers in real time where data is immutably logged, reducing the need for costly and redundant documentation that is routinely distributed among suppliers, retailers, storage and shipping facilities, and third parties that interact throughout the logistics process.

Corporations across various industries, including apparel, automotive, perishables and electronics, are exploring blockchain to uphold the quality of their products as they move along the supply chain. In 2018, Walmart, listed in the top 50, adopted blockchain to prevent food-borne illnesses.

According to Tal Kol, CEO of hybrid blockchain platform Orbs, which is building new infrastructure to make blockchain scalability possible for big enterprise, the automotive industry will increasingly implement the technology as cars support more computing power.

“The shift toward self-driving cars means data accuracy and data security are more important on the road than at any time in human history. Securing that information and making sure fleets or individual vehicles run smoothly will be critical. Even if not battling malicious actors, blockchain can protect and certify information from unintended alterations. It is only a matter of time before blockchain completely encapsulates the automotive world.”

Meanwhile in Europe, French supermarket Carrefour is also increasing its use of distributed ledger technology by tracking more products across the supply chain.

The French multinational retailer, one of the largest hypermarket chains in the world, recently revealed plans to cut 1,500 jobs. Blockchain solutions have been integrated to replace jobs where people used to manually verify transactions, generating burdensome paperwork to document shipments, payments and deliverables. Blockchain digitizes the process.

Carrefour currently tracks 20 out of its 300 brand-name products. It will now add 40 more goods to its distributed ledger platform, tracking data more efficiently, transparently and cost-effectively.

Carrefour’s DLT platform is available in six countries allowing customers to discover information about the products they buy or peruse while shopping. By scanning a QR code, they can verify the origin of a product among other details. Although the company developed its platform in collaboration with IBM‘s Food Trust initiative, it’s planning to develop its own permissioned blockchain. Emmanuel Delerm, Carrefour’s blockchain program director, tells Hardfork

“The amount of products we track with blockchain will likely increase as the technology continues to make progress.”

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Forbes Releases List of Billion Dollar Companies Using Blockchain

Forbes Releases List of Billion Dollar Companies Using Blockchain

Financial news outlet Forbes has released a list of “Blockchain’s Billion Dollar Babies,” or companies implementing blockchain technology that have minimum revenues or valuations of $1 billion, on April 16.

The list includes companies in the cryptocurrency and blockchain development spaces, in addition to traditional financial firms like banks and clearing houses, food companies, supply chain management firms and others.

Most of the companies listed are household names like AmazonWalmartFacebook, ING, MastercardMicrosoft and Nestle.

Cryptocurrency-related companies featured on the list include United States-based cryptocurrency exchange Coinbase, European mining and hardware firm Bitfury, and blockchain-based financial services network and XRP token creator Ripple.

In addition to noting major firms that are dabbling or full-on adopting blockchain technology, the list also includes which blockchain protocols are being adopted and by whom. Various Hyperledger protocols, blockchain consortium R3’s Corda protocol and the Ethereum network are prominently featured at a number of firms across various industries.

Forbes notes the potential for blockchain technology to simplify various business process per the example of Depository Trust & Clearing Corp (DTCC), which keeps records of 90 million transactions a day, or most of the world’s $48 trillion dollars in securities.

Per Forbes, the firm will begin switching its 50,000 accounts to a blockchain-based system, which will help eliminate duplicate procedures and reconciliations that are still prone to happen on traditional electronic clearing networks.

In mid-March, DTCC published a white paper outlining guiding principles for the post-trade processing of tokenized securities. The paper notes the unique characteristics of the nascent market for tokenized securities and proposes that global policy standards for traditional markets are often applicable, and useful for stakeholders to identify the legal responsibilities pertaining to security token platforms.

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Swiss Alps 5-Star Hotel is Switzerland’s First Luxury Hotel to Accept Bitcoin

Bitcoin, Switzerland, Dolder Grand

The Dolder Grand, with scenic views of Zurich Lake and the Swiss Alps, is the country’s first luxury hotel to accept bitcoin. | Source: The Dolder Grand

Switzerland’s five-star hotel The Dolder Grand has announced that guests can now settle their bills in bitcoin or ether. In a tweet, the Zurich-based luxury hotel announced it was the first facility of its kind to accept cryptocurrency payments.

View image on Twitter

The Dolder Grand@DolderNews

We are very proud to have taken a step towards accepting crypto currency.
The Dolder Grand is the very first luxury hotel in Switzerland where guests can pay with Bitcoin.https://www.finews.com/news/english-news/35889-pay-in-bitcoin-for-a-luxury-weekend 

See The Dolder Grand’s other Tweets

The crypto payment feature is being facilitated by fintech firm Inacta. The fintech firm has developed an app that allows guests to pay for hotel services from their bitcoin wallets. Bity, a Swiss cryptocurrency exchange, will convert the cryptocurrencies into fiat currencies. In future Inacta will extend the number of cryptocurrencies that customers can pay in.

BITCOIN HODLERS NEED NOT TOUCH FIAT…

According to Inacta’s blockchain advisory head, Roger Darlin, the app is targeting ‘hodlers’:

It is aimed at customers who have built up legitimate cryptocurrency holdings and who don’t want to convert them into traditional currencies, such as Swiss francs. This also allows vendors, who may be cautious about handling cryptocurrencies directly, to accept payments from these clients.

This coincides with Fortune 500 firm Avnet revealing it is accepting crypto payments after partnering with crypto payments firm BitPay.

Embedded video

Avnet

@Avnet

Got @bitcoin? Well you’re in luck, because we’re now accepting cryptocurrency payments through our partner @BitPay! http://bit.ly/2HVM5cB 

THE TIMES THEY ARE A-CHANGIN’…

Avnet, which boasts of over 15,000 employees in Asia, Europe and North America cited a desire to keep up with the times as a reason for accepting crypto:

With approximately 250,000 on-ledger Bitcoin transactions being made every day, we understand that the landscape is changing, and we’re positioning ourselves – and our clients – to be ready for it.

This comes less than a month since Switzerland’s largest retailer, Digitec Galaxus, started accepting a slate of cryptocurrencies including bitcoin and ether. Other cryptocurrencies accepted were OmiseGo, NEO, TRON, Litecoin, Binance Coin, XRP, Bitcoin Satoshi Vision, and Bitcoin Cash.

Philippe Welti@planetwelti

Good move. @DigitecGalaxus, Switzerland’s largest online retailer, accepts now. Good move. https://www.galaxus.ch/en/page/cryptocurrencies-now-accepted-on-digitec-and-galaxus-11214 

Cryptocurrencies now accepted on digitec and Galaxus

digitec and Galaxus have introduced cryptocurrencies as a method of payment. Customers of the largest Swiss online shop can now pay with Bitcoin as well as a number of Altcoins such as Ethereum,…

galaxus.ch

Digitec Galaxus was able to make this possible via a partnership with crypto payments provider Coinify. While the online retailer does not charge anything for the crypto payments, Coinify will slap a 1.5 percent fee. However, this feature was only made available for large purchases. For purchases of under 200 Swiss francs, crypto will not be accepted.

NOT CONVERTS YET, BUT CONSIDERING…

While the growing adoption of crypto payments by big names is impressive, the future can only get better. Towards the end of last month Japan’s largest railway and subway operator, Japan Railways (JR) Group, announced that it was considering the payment option. JR Group is however not planning to partner with a crypto payments provider. Rather the utility plans on building its own payments infrastructure from the ground up.

Another public sector body that is considering adopting bitcoin as a payment option is Kiev City State Administration. While the authorities of Ukraine’s capital have previously considered the idea but dropped it, this time it’s likely to work because it has introduced electronic tickets.

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