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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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VeChain Pushes Past 1 Million Transactions, Highlighting Blockchain Adoption in the Real World

The chief operating officer of VeChain reports a major milestone for the Singapore-based company. Its mainnet VeChain Thor has reached 1.1 million transactions, a new all-time high.

Kevin Feng tells his followers on Twitter,

“The VeChainThor mainnet recorded over 1.1m transactions and 35m VTHO burned yesterday! Applications running on VeChain should use the blockchain technology to solve real-world economic problems and target a broader user base.”

Source: VeForge Explore

The mainnet first broke one million transactions on July 3rd. The continued increase in the number of transactions signals greater adoption of blockchain solutions for VeChain’s clients who are applying blockchain technology to improve real-world logistics and delivery systems.

Founded in 2017, VeChain has expanded to become a leading global enterprise-level public blockchain platform, building partnerships with some of the world’s biggest brands including Walmart and Louis Vuitton. It lets consumers, retailers and suppliers track products through the supply chain, allowing participants to verify the authenticity of the goods and to ensure safety.

In an overview of its recent eight-hour marathon ask-me-anything, the company says its partnership with Walmart China is a blueprint for the future.

“The successful cooperation between VeChain and Walmart China, first and foremost, indicates that traditional companies are willing to use public blockchains. Secondly, blockchains in the future will most likely be a mixture of public blockchain and private blockchain, depending on the use case. Thirdly, by partnering with PwC to empower Walmart China’s Food Safety Traceability Platform, we have not only provided this solution to Walmart China consumers but also established contacts with Walmart China’s suppliers. 

In the future, we may gradually convince these companies to apply blockchain, thus putting into reality what we have been talking about — ‘applying blockchain technology across the board’.”

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Ron Paul: ‘I’m All for Cryptocurrencies, I Like Competing Currencies’

Ron Paul: ‘I’m All for Cryptocurrencies, I Like Competing Currencies’

Former Republican congressman and presidential candidate Ron Paul says he is in favor of cryptocurrencies and blockchain technology because he likes competing currencies. Ron Paul delivered his remarks in a “Squawk Alley” interview on CNBC on July 15.

According to Paul, cryptocurrencies are a great idea, and governments should only step in to regulate the space to prevent fraud:

“… I’m for the least amount of regulation. I don’t know what’s gonna happen to cryptocurrencies. I think it’s a great idea. And I only have one rule: no fraud … I think that the government has a role. And [if] somebody has a case that there is fraud, I think it should be investigated …  What I want to do is legalize the freedom of choice, absent blatant fraud.”

Ron Paul also drew several comparisons to the traditional asset gold. One way in which Paul appears to think gold is similar to crypto is that both are assets competing with fiat money. Paul said, “governments aren’t very tolerant of competition, and they’re not even tolerant with using the Constitution to compete with the fiat dollar. Because gold and silver, you can’t use it.”

Ron Paul has previously discussed his bullish views on cryptocurrency. In 2014, Paul expressed concerns about the backing of Bitcoin (BTC) and crypto in general, but adopted a pro-crypto attitude that is bearish on fiat money in the long run:

“I just don’t think the dollar is going to last. I don’t think any fiat currency lasts forever. They all self-destruct. Right now, the world is engulfed with fiat currency; they’re all paper currencies. That’s one of the other reasons the dollar holds up: What are you competing against, the euro and the yen? The competition out there isn’t any good.”

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Buterin Proposes Bitcoin Cash Integration to Scale Ethereum in Short Term

Buterin Proposes Bitcoin Cash Integration to Scale Ethereum in Short Term

Ethereum co-founder Vitalik Buterin has proposed to using the Bitcoin Cash blockchain as a temporary scalability solution for the Ethereum network. The programmer introduced a summary of the idea in a July 13 post on the Ethereum Research.

As previously reported, the Ethereum network has experienced some scalability issues, with its native blockchain capable of processing as few as 15 transactions per second (TPS), while its major competitor Ripple is reportedly estimated to have a TPS capacity of 1,500.

As such, the Ethereum community has been working on Ethereum 2.0, a major network upgrade that is expected to improve its scalability once ETH shifts from proof-of-work to the proof-of-stake algorithm.

While the first stages of the Ethereum 2.0 shift are expected to come in early 2020, Buterin has now suggested deploying other blockchains as a new option for improving Ethereum scalability in the short term. Specifically, Buterin said the Bitcoin Cash blockchain is a perfect match for this purpose as the hard fork cryptocurrency provides a data throughput of around 53 kilobytes (KB) per second, as opposed to Ethereum’s 8 KB.

Additionally, Buterin outlined three other compelling reasons for using the blockchain, including low fees, the readiness of necessary machinery and the Bitcoin Cash community’s openness to people using the blockchain “for whatever they want as long as they pay the transaction fees.”

In the post, Buterin noted Bitcoin Cash’s 10 minute block time as the main impediment to becoming a good Ethereum scalability solution. However, the expert noted that this problem could be solved by zero-confirmation payments using techniques like Avalanche pre-consensus.

The crypto community on Twitter took a negative view on Buterin’s new Bitcoin Cash integration proposal, with some commentators forecasting that such a scenario could lead both Ethereum and Bitcoin Cash to a faster collapse.

Francis Pouliot, co-founder of blockchain consulting firm Catallaxy, tweeted that the recent proposal by Buterin signifies a failure of the Ethereum project, while Bitcoin integration will just delay and unsolved scalability crisis.

Recently, another Ethereum co-founder, Joseph Lubin, claimed that Ethereum has “already scaled quite significantly.”

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Ripple Adoption Expands As Banking Giant Santander Launches New Payment Corridor

Spanish banking giant Santander is adding a new payment corridor to One Pay FX, the company’s Ripple-powered digital banking app.

The app now supports payments between the UK and Poland. Ripple’s senior vice president of customer success Marcus Treacher touted the new addition, which allows Santander customers to move as much as 10,000 euro per day to and from the two countries with zero transaction fees.

Marcus Treacher@marcus_treacher

Powered by Ripple & great to see this important payment corridor go live https://twitter.com/jeremylight3/status/1150252980530077702 

Jeremy Light@JeremyLight3

Santander UK’s One Pay FX app now supports payments to Poland from U.K. – no fees, best ex rate, smooth payment experience #Santander

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One Pay FX uses Ripple’s payments messaging system xCurrent. Santander launched the app on iOS last year, and says it now lets its customers send money to 19 countries, including the US.

Santander executive chair Ana Botín told the Financial Times that by January of this year, Ripple’s technology was already powering half of Santander Group’s FX payments.

“With this new initiative that is already in place, we’re actually covering 50% of all the FX payments that the Santander Group does annually. And it works really well, because the rails that we’re using – which, as you say, we’ve collaborated with Ripple – we’ve been testing those for two years, actually with our own employees.

And it works. It’s safe. It’s fully compliant, and obviously we’ve made sure we comply with all local regulations. So you’re in safe hands.”

Back in February, Santander’s UK help desk mistakenly said One Pay FX uses XRP to boost cross-border payments. Sandander soon apologized for the confusion and clarified its use of Ripple’s xCurrent.

In a recent interview, Ripple global head of banking Marjan Delatinne reveals that a total of 20 companies are now actively using the company’s XRP-powered payment solution xRapid.

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New European Central Bank Boss Calls Crypto ‘Disruptive’, Ripple and Circle ‘Helpful’

The soon-to-be president of the European Central Bank (ECB) has a record of respecting the potential in crypto.

Christine Lagarde, a French lawyer and the current managing director of the International Monetary Fund, has indicated her support for crypto companies such as Ripple and Circle.

At the Paris Fintech Festival earlier this year, Lagarde, who will be the first female ECB president, warned banks that they need to act and adapt to new technologies to better serve their customers.

“I think in the banking system at large in many, many countries, the difference will not be between those who are disrupted and those who survive. The difference will be between those who are cannibalized because they’re not seeing it coming, and they’re not embracing it, and those who self-induce that cannibalization.

And I’m using cannibalization on purpose because it’s a bit of a striking, horrible word. But it’s really what it means. You’re going to disrupt your business model. You’re going to change it. You’re going to reduce your costs. You’re going to expedite your transactions, and you’re going to inspire confidence because you will build out on the basis of an existing backbone, which is your bank and the confidence, relationship you’ve established with your customers.

So that’s where I see changes happening now.

If you think of Circle, and Ripple and all those – that’s where they are active and helpful.”

Lagarde has also warned that these cryptocurrencies “shaking the system” require regulations in order to maintain stability in the financial industry, reports CNBC.

Says Lagarde,

“I think the role of the disruptors and anything that is using distributed ledger technology, whether you call it crypto, assets, currencies, or whatever … that is clearly shaking the system.”

“We don’t want innovation that would shake the system so much that we would lose the stability that is needed.”

Lagarde will replace Mario Draghi as president of the ECB on November 1. Selected by representatives of 28 European countries, Lagarde is tasked with controlling inflation and enforcing monetary policy decisions.

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Ripple Executive Unveils Strategy to Transform Cross-Border Payments, Boost XRP and Grow Blockchain Ecosystem

Ripple is revealing more on its multi-million dollar plan to grow the digital assets ecosystem and bring distributed ledger technology to the masses.

At a recent roundtable hosted by Amazon Web Services in New York, the director of strategic growth at Ripple’s investment arm Xpring offered a look at the company’s overall strategy. Vanessa Alexandra Pestritto says Ripple is pushing to grow the blockchain industry at large in addition to boosting cross-border payments and use of the world’s third-largest cryptocurrency by market cap, XRP.

“From an industry standpoint, we believe that there’s going to be multiple ledgers that will be used in different verticals. We don’t think it’s just going to be one to serve them all. So when we take a look at different investments we’d like to make or people we’d like to partner with, we are looking at the infrastructure layer and seeing who also has the alignment of values and view of interoperability.

I recently made an investment in Agoric, and that is a secure smart contract platform that can integrate into other layer ones. And this is going to allow for the ability to eventually make cross payments into other chains, but that’s deep and way ahead in the future. But that’s how far ahead we’re thinking.

The next area is decentralized finance. We’ve been spending a lot of time there at Xpring and taking a look at where there might be some opportunities for new decentralized BitMEX platforms or what might a new derivatives exchange look like. We’ve also been spending time looking at new synthetics, and some of the earlier DeFi companies have created a nice guild. And so we’ve been closely working with them and seeing how we can be of service to help them progress along because we believe it’s going to be huge and that we’re best collaborating with them up front.

And then, of course, payments. We also have someone on our team dedicated to seeing where XRP for payments can be of use and working with different merchants as well as consumer platforms and apps to see where there could be a good opportunity for us there.”

As for what it will take to actually achieve global adoption of blockchain and cryptocurrency, Pestritto says marketing strategies should differ depending on whether you’re trying to get a business or a consumer to use the technology.

For consumers, Pestritto believes it’s often best to not mention that blockchain is part of a product at all. Instead, she says companies should focus on explaining why people should want their product, and leave the technical jargon off the table.

“Depending on the vertical, we’ve had some discussions not just internally but with some investor partners and we would say, just don’t mention it. For gaming, for instance, in some cases, you’re not going to attract somebody to a new game by saying, ‘Hey we have a new blockchain game.’ No, you have a game. And it’s awesome. And it happens to be running on blockchain.

You’ll be able to have the assets that you’re building in the game or actually own them and that’s what you should be marketing. That you’re going to have true ownership of your new sword or shield or maybe one day you can make an NFT (non-fungible token) out of a potion. Wouldn’t that be fun? So things like that.

On the finance side, if you’re putting forward decentralized finance, new products and derivative synthetics then you’re going to go ahead and be much more transparent on that to the professional audience you’re going with. But on the consumer side I think there has to be an alignment of incentives and people getting what they want because with consumers, there’s a lot of competition to get towards them. So in a lot of cases, you just may not have to mention it to them.”

Ripple began making investments with Xpring last year. So far, Ripple has invested $500 million in a wide variety of companies building products and services using blockchain and digital assets.

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Bitcoin and Crypto Revolution Can’t Be Stopped!

 

 

 

 

CNBC’s Joe Kernen says efforts to stop digital assets like Bitcoin are futile.

 

On a new episode of Squawk Box, Kernen says efforts to put the crypto genie back in the bottle are like trying to stop the industrial revolution.

“Take the friction of transferring money to whomever – you can take it to zero. Like Amazon took retail to zero. You can take [money friction] to zero. Do you know how powerful that would be? It’s going to put a lot of people out of business. This is the kind of creative destruction – it’s like trying to stop the industrial age. You can’t.”

In response, Bitcoin bull Anthony Pompliano, CEO of asset management firm Morgan Creek Digital, took a step back to point out the significance of both the President of the United Statesand the Federal Reserve Chairman addressing Bitcoin in recent statements, placing it on the national and international stage.

“Yesterday was such a big day in that, you have to remember that gold is a $7 trillion asset that’s been around for thousands of years. Bitcoin is $200 billion. It’s been around for ten and a half years. Now we have the Federal Reserve Chairman talking about how they’re alternatives to each other. And then you have the president coming out and acknowledging it, talking about it.

If you would have said ten and a half years ago that the President would be talking about magic internet money, we would have never ever envisioned that day. And so I think what we’re seeing is a shift in who we trust. Do we trust the humans or do we trust the algorithms to sponsor money?”

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Bitcoin Targeting $40,000 This Year After Trump’s Tirade, Says Wall Street Analyst – Plus Ethereum, Ripple and XRP.

From the potential impact of President Trump’s push against Bitcoin to the potential impact of Facebook’s Libra on Ethereum, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin

The head of research at Fundstrat Global Advisors is joining a chorus of crypto influencers and analysts who say Trump’s recent tirade against Bitcoin and cryptocurrency is a positive for the emerging industry.

In a new interview with Yahoo Finance, Tom Lee says the outburst could help push Bitcoin as high as $40,000 by the end of 2019.

“On balance, it’s a positive because cryptocurrencies and Bitcoin really are in the main stage now — Congress, the Fed, the president weighing in.

It’s very surprising. A year ago I wouldn’t have imagined it… It’s going to force the other 98% of the world to think about what [crypto] means and so I think it’s going to be an overall positive.

Bitcoin is now trading at a level that it’s only seen 3% of its historical days. So if you go back to every milestone that was achieved, Bitcoin subsequently rallied somewhere between 200-400% within the next four months. So I think if that’s playing out this time, that means Bitcoin could be $20,000 to $40,000 sometime in the fourth quarter.

I think a lot of people who trade crypto today, because it is primarily retail and some whales, really think about technicals. And so they think about where supply is. So the resistance is a bit level in people’s minds, $13,400. But, is that level going to hold forever? As you guys know, there’s no such thing as a triple top. So I think the third time you sort of test it is really when you blast through it.”

As for Trump’s demands that Facebook’s Libra comply with US banking regulations, Lee says that will make it harder for the social media giant to launch as planned.

“I think it’s going to be perceived as a negative because Facebook is a massive platform, and I think Libra likely would be hugely successful. And I think it would be a great gateway to bring people into crypto. But in a world without Libra, is cryptocurrency going to be successful? Absolutely. So I don’t think it really changes the long-term outlook for Bitcoin.”

Ethereum

The Ethereum development studio ConsenSys has published an overview of how its community can learn from Facebook’s Libra. ConsenSys points out there’s a lot of room for improvement when it comes to explaining Ethereum to the masses.

“Libra is aimed at both a developer and non-developer audience. You’ve got user benefits as well as more technical content that discusses scalability, programming, etc. This is in stark contrast to ethereum.org, for example.

Ethereum.org welcomes you to the website and assumes you’re a developer straight off the bat: ‘Ethereum is a global, open-source platform for decentralized applications. On Ethereum, you can write code that controls digital value, runs exactly as programmed, and is accessible anywhere in the world.’

If you’re not technical, this makes no sense. What if I’m not a developer? There’s not really a sense of what Ethereum can do for you, or what is new about it. As Ethereum’s flagship site, likely a first Google stop for a curious reader, maybe we should be making this language a bit more widely accessible?”

Ripple and XRP

Ripple CEO Brad Garlinghouse is applauding a new report from the UK’s Financial Conduct Authority. The report acknowledges the versatile nature of crypto assets, highlighting both Ethereum and XRP.

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I love Bitcoin!

Trump Tweeting About Bitcoin Is ‘Achievement Unlocked,’ Says Coinbase CEO

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You ain’t seen anything Yet!

Giant cryptocurrency exchange, Binance has signed up more than ten thousand customers following the launching of its new margin trading features.

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