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| May 23, 2019

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How to Easily Find a Bitcoin Cash ATM Near You

May 23, 2019 |

Cryptocurrency ATMs are a convenient way to get your hands on digital assets without opening an account with an exchange. Here’s how to easily find an ATM supporting bitcoin cash (BCH) transactions near you, wherever you are in the world.

Also Read: How to Buy Pizza With Bitcoin Cash

Put BCH ATMs on Your Radar

There are more than 1,600 ATMs that offer the buying or selling of bitcoin cash (BCH) all around the globe. To find your nearest location, you can check out Coin ATM Radar, a service that lists and maps the cryptocurrency kiosk machines. Besides the website, the platform includes an app for iOS and Android mobile devices so you can find a BCH ATM right on your phone.

How to Easily Find a Bitcoin Cash ATM Near You

If you know of a bitcoin cash kiosk which is not listed on Coin ATM Radar you can submit the location to be added to the service. And if you find out that no such machine exists in your area, you can even go one step further and order one from one of the many cryptocurrency ATM providers that support BCH and go into the business yourself.

Have you used a cryptocurrency ATM to buy bitcoin cash? Share your experience in the comments section below.


Images courtesy of Shutterstock.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Bitcoin.com Markets, another original and free service from Bitcoin.com.

The post How to Easily Find a Bitcoin Cash ATM Near You appeared first on Bitcoin News.

Bitcoin News

US Copyright Office Responds to Craig Wright’s Bitcoin Registrations

May 23, 2019 |

US Copyright Office Responds to Craig Wright's Bitcoin Registrations

On May 21, 2019, a press release was sent to a variety of publications that said Craig Wright was granted two U.S. copyrights for the original Bitcoin white paper and version 0.1 of the cryptocurrency’s code. Meanwhile, the U.S. Copyright Office specifically addressed the matter in a press release which emphasized the agency “does not investigate the truth of any statement made.”

Also Read: “I Am the Real Satoshi” Claims Hawaiian Man After Filing Bitcoin Cash Trademark

Craig Wright’s Copyright Proof Attempt Fails to Sway the Greater Crypto Community

Yesterday the crypto community was up in arms after Craig Wright detailed that he was granted two U.S. copyrights for the Bitcoin white paper and code. The two copyrights can be seen publicly with registration no. TXu 2-136-996 and also no. TX-8-708-058. Of course, most digital asset enthusiasts thought the effort was yet another lackluster attempt from Wright to try and prove he’s Satoshi. Many individuals on social media simply laughed at the copyright announcement. Alongside this, a few other crypto community members detailed that the copyrights were meaningless. Coin Center founder Jerry Brito explained that the U.S. Copyright Office does not investigate the validity of claims like these and they simply 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,” Brito added.

US Copyright Office Responds to Craig Wright's Bitcoin Registrations

Moreover, back when Satoshi released the protocol, the code was released under the open source MIT license. This means that Bitcoin is free to distribute the software to any individual or organization and everyone has no limitations to what they can do with the software. Essentially anyone can use, copy, modify, merge, publish, distribute, sublicense, and fork the Bitcoin software.

US Copyright Office Responds to Craig Wright's Bitcoin Registrations

Furthermore, there is a copyright notice from Satoshi established under the MIT licensing back in 2009, which gives developers the freedom to use the code in any manner. Then over the last few years, there’s been a slew of other individuals who have registered and have been granted copyrights to the Bitcoin software and it’s associated paper.

US Copyright Office Responds to Craig Wright's Bitcoin Registrations
Wright is not the first to attempt to copyright Bitcoin and it’s white paper.

The Hawaiian Who Registered the White Paper Before Wright

There’s Ronald Keala Kua Maria, a resident from Hawaii who copyrighted the Bitcoin white paper, back in August 2016 with registration no. TXu 002037698. News.Bitcoin.com reported on Kua Maria claiming to be Satoshi Nakamoto back in June 2018. Not only did Kua Maria copyright the white paper, but he also copyrighted a decent number of other trademarks and words like “Bitcoin Cash.” Additionally, Kua Maria owned a bunch of Bitcoin-related domains such as thesatoshinakamoto.com, bitcoincopyrights.com, bitcoincashcopyright.com, bchcopyright.com, and others. When we first wrote about Kua Maria, most of his domains redirected to his home page rkm.world. One interesting thing to note about one of Kua Maria’s domains (http://www.bitcoincopyrights.com) is that it now redirects to a BSV website now.

US Copyright Office Responds to Craig Wright's Bitcoin Registrations
Ronald Keala Kua Maria also believes he is Satoshi Nakamoto and has also copyrighted Bitcoin’s white paper and a slew of other copyrights. Kua Maria also owns quite a few Bitcoin-related domains.

U.S. Copyright Office Responds to ‘Certain Bitcoin Registrations’

After all the commentary and jokes on social media channels, the U.S. Copyright Office issued a statement concerning the matter. In the press release called “Questions about Certain Bitcoin Registrations,” the agency detailed that it “does not investigate the truth of any statement made.” The Copyright Office continued by adding:

A registration represents a claim to an interest in a work protected by copyright law, not a determination of the truth of the claims therein. It is possible for multiple, adverse claims to be registered at the Copyright Office. The Copyright Office does not have an opposition procedure for copyright registrations, such as the procedures available at the Patent and Trademark Office for patents and trademark registrations.

Essentially after addressing that multiple registrants have copyrighted certain technologies, the agency said that it’s really up to the “federal courts, including disputes over authorship of a work.” Moreover, when it comes to works created by a pseudonym with a moniker like Satoshi Nakamoto, the Copyright Office “does not investigate whether there is a provable connection between the claimant and the pseudonymous author.” The U.S. Copyright Office also details that correspondence between Wright and the agency is part of the public registration record.

US Copyright Office Responds to Craig Wright's Bitcoin Registration

Furthermore, the well known libertarian writer and patent attorney, Stephan Kinsella, told his social media followers that the copyright proves nothing. “As I’ve pointed out for days now on Twitter threads, such assertions are ridiculous and misrepresent the way copyright works — Because most people don’t understand how copyright works, when they hear that the Copyright Office “registers” or “approves the registration” of a works this somehow means the government has issued a copyright to the applicant and verified their authorship etc,” Kinsella opined. The patent attorney and intellectual property expert further detailed:

None of this is true. Copyright registration is a simple procedure that does not prove copyright or authorship and does not prove anything at all, especially when done more than 5 years after the original work was published.

The crypto community was once again not only disheartened by Wright’s attempt to copyright open source software, but most have also been dumbfounded by the extraordinary hoops he’s gone through to prove he is Satoshi. From the BBC interviews to the cover of GQ, Wright has gone to great lengths to prove he is the inventor of Bitcoin. The process could be much easier for him or for anyone to prove the existence of Satoshi by simply signing a message tied to the genesis block or moving some coins. Every single attempt Wright has made to prove he is Satoshi so far has been refuted and mocked by the greater crypto community. The copyright undertaking that costs $ 55 per registration for the white paper and some of the open source code is no different.

What do you think about Wright’s latest copyright proof attempt? Let us know what you think about this story in the comments section below.


Image credits: Shutterstock, Twitter, Github, rkm.world, and the U.S. Copyright Office online database.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH, and other coins, on our market charts at Markets.Bitcoin.com, another original and free service from Bitcoin.com.

The post US Copyright Office Responds to Craig Wright’s Bitcoin Registrations appeared first on Bitcoin News.

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How to Buy Pizza With Bitcoin Cash

May 22, 2019 |

Every year on May 22, the cryptocurrency community marks this day in 2010 when Laszlo Hanyecz purchased two pizzas for 10,000 bitcoins. To help you celebrate Pizza Day, here are a variety of options to buy to pizza with bitcoin cash (BCH) in different countries around the world.

Also Read: How to Check Median BTC and BCH Transaction Fees

How to Buy Pizza With BCH on Bitcoin Pizza Day 2019

One of the simplest ways to pay for pizza with bitcoin cash (BCH) in the U.S. is to get a gift card for you favorite joint on the Bitcoin.com Store. Here you can order cards for use in major national chains such as Domino’s and Papa John’s as well as smaller regional options.

How to Buy Pizza With Bitcoin Cash

To find a place selling pizza for BCH in Europe you can check out your country’s local branch of Takeaway.com. The Amsterdam-headquartered company operates over a dozen international food delivery websites and apps and a number of them accept BCH such as Germany’s Lieferando.de, Poland’s Pyszne.pl, and the Netherlands’ Thuisbezorgd.nl.

If you are living or visiting Seoul, South Korea, you should check out Shuttle Delivery, which enables users to spend BCH in more than 200 restaurants in the area. This South Korean food delivery platform offers an app in Korean and English and supports Android and iOS devices.

To find a nearby pizza-serving BCH-friendly establishment wherever you are in the world, use the Marco Coino app.

Where can you get a pizza for bitcoin cash in your area? Share your experience in the comments section below.


Images courtesy of Shutterstock.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Bitcoin.com Markets, another original and free service from Bitcoin.com.

The post How to Buy Pizza With Bitcoin Cash appeared first on Bitcoin News.

Bitcoin News

Israeli Court Rules Bitcoin Is an Asset

May 22, 2019 |

Israeli Court Rules Bitcoin Is an Asset

An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor of the tax authority, endorsing the central bank’s definition of currency.

Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request

Latest Court Ruling on Nature of Bitcoin

An Israeli central district court reportedly ruled in favor of the country’s tax authority Monday, recognizing bitcoin as a financial asset and not a currency. Profits on its sale in Israel are therefore subject to capital gains tax.

Judge Shmuel Bornstein simultaneously rejected an appeal by the founder of a blockchain startup who argues that bitcoin should be considered a currency, so the proceeds from its sale should not be subject to taxation. Globes daily financial newspaper reported Tuesday:

The Central District Court in Lod accepted the tax authority’s interpretation, and held that bitcoin is an asset and not a currency, and that the transaction in question is therefore taxable.

Emphasizing that the status of bitcoin is still undefined in the country, the judge stated in his ruling that “it was hard to envisage a result whereby bitcoin would be considered a currency for tax purposes in particular,” the news outlet conveyed, noting that the case could reach the supreme court.

Israeli Court Recognizes Bitcoin as an Asset

Itay Bracha, managing partner at Israeli law firm Bracha & Co. and the head of the firm’s tax department, shared his thoughts with local daily business newspaper Calcalist. He said: “The ruling is a signal to all those who have yet to report cryptocurrency-related profits or based their actions on differing legal advice … The ruling is unequivocal, and since it is not new legalization but a judicial interpretation, it applies retroactively.”

The Case

According to reports, the case involves Noam Copel, founder of blockchain startup DAV. “We’re building a decentralized infrastructure to revolutionize the transportation industry on the blockchain,” the company’s website explains.

Globes reported that Copel bought BTC in 2011 and sold them in 2013 for a profit of approximately NIS 8.27 million (~$ 2.29 million). Asserting that his profits should not be subject to capital gains tax, he told the court:

Bitcoin should be classified as a foreign currency, and that his profits should be seen as exchange rate differences received by an individual not in the course of a business, and therefore should not be taxed.

Israeli Court Recognizes Bitcoin as an Asset

However, the Israel Tax Authority disagreed, proclaiming that bitcoin is not a currency under the central bank’s definition, so it cannot be a foreign currency as suggested by Copel. Instead, the agency claims that cryptocurrency falls under the definition of an asset, therefore profits on its sale are subject to capital gains tax. Monday’s court ruling obligates Copel to pay tax of about NIS 3 million, the news outlet estimated.

Central Bank’s Definition of Currency

The court accepted the tax authority’s position that the definition of “currency” should be the one defined by the country’s central bank which does not apply to crypto assets. The agency affirmed that bitcoin is not a currency from both accounting and economic aspects, stating that “its valuation is extremely volatile, any related investments carry high risk, its use is severely limited and restricted mostly to unlawful entities, and it is not used as a benchmark for value,” Calcalist wrote.

Copel, on the other hand, believes that from both aforementioned aspects, “the trust users put in bitcoin and its use as both a payment method and to benchmark value means it should be considered a currency.”

After listening to both sides of the argument, the judge rejected Copel’s appeal and ruled that he “had failed to demonstrate that bitcoin met this definition [of currency], or that it represented a real alternative to coins and notes in any country,” Globes described.

Israeli Court Recognizes Bitcoin as an Asset

Bittax founder Gidi Bar Zakay, former Deputy Director of the Israel Tax Authority and currently director of the Israeli CPA Association, said that Monday’s ruling was based on current law, elaborating:

In my view, what will ultimately determine whether bitcoin is a currency is the reality test. As soon as its use becomes widespread, the legislature will have to rewrite the law in such a way as to accommodate this.

He added that when that happens, “we shall all benefit from these technological and monetary developments and from the ability of bitcoin and other cryptocurrencies to serve as efficient, trustworthy, and widely accepted means of payment.” He further opined: “the way to that lies through the regulator. If the enforcement agencies feel comfortable with the coin, and use blockchain analysis tools that make it possible to meet standards of money laundering prevention and tax avoidance prevention in a more reliable and efficient way than is the norm today, the road to it becoming a widespread means of payment will be open.”

Cryptocurrency Taxation

The Israel Tax Authority has long considered cryptocurrency an asset subject to capital gains tax. In December last year, Calcalist reported that the agency had been cracking down on the unreported crypto earnings of hundreds of Israelis, sending notices to those whose activities raised suspicion. “The authority will continue to seek out unreported [crypto] earnings,” said Eran Yaakov, the head of the Israel Tax Authority, in reply to the news outlet’s request for comment. The publication explains:

Cryptocurrencies are not defined as a currency but as a financial asset in Israel. As such, trading in cryptocurrencies is subject to a capital gains tax of 25%-30% in the country.

In July last year, the tax authority reportedly reached an agreement on obtaining information on crypto transactions with Bits of Gold, an Israeli cryptocurrency exchange with about 50,000 users. The exchange will share information about traders who have made transactions of $ 50,000 or more over a 12-month period. The authority has also approached other platforms for the same purpose.

Israeli Court Recognizes Bitcoin as an Asset

While Israeli law requires financial institutions to report fraudulent transactions and suspicious activities to the Israel Money Laundering and Terror Financing Prohibition Authority, sharing data with the tax authority is not mandatory. Tomer Niv, Chief Growth Officer at Bits of Gold, clarified that his exchange only transfers “the information we are required by law … in order to protect the privacy of customers on the one hand, and [comply with] the provisions of the law on the other.”

Central Bank’s Position and Global Standards

Nadine Baudot-Trajtenberg, who served as Deputy Governor of the Bank of Israel from March 2014 to the end of February, said in January last year that the central bank had been studying cryptocurrency. However, she revealed that not much had been learned from other countries’ regulations “since no regulator anywhere in the world had issued guidelines to the banking system on how to act in relation to customers’ activity in virtual currencies,” Reuters conveyed. She was further quoted as saying:

There is a real difficulty in issuing sweeping guidelines to the system regarding the proper way to estimate, manage, and monitor the risks inherent in such activity … Beyond the risks to the customer there are also compliance risks to the bank.

Israeli Court Recognizes Bitcoin as an Asset

In December last year, Israel became a full member of the Financial Action Task Force (FATF), an intergovernmental organization which focuses on developing policies to combat money laundering and terrorism financing. The FATF currently has 36 member jurisdictions and 2 regional organizations, including the European Commission. In February the organization urged its member countries to regulate crypto exchanges like commercial banks, elaborating:

For the purposes of applying the FATF recommendations, countries should consider virtual assets as property, proceeds, funds, funds or other assets, or other corresponding value.

Do you agree with this Israeli court’s ruling? Let us know in the comments section below.


Images courtesy of Shutterstock.


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The post Israeli Court Rules Bitcoin Is an Asset appeared first on Bitcoin News.

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Developer Creates Interwallet Transfer Plugin to Strengthen Bitcoin Cash Privacy

May 20, 2019 |

Developer Creates Interwallet Transfer Plugin to Strengthen Bitcoin Cash Privacy

The Bitcoin Cash (BCH) protocol and infrastructure continue to see relentless development. The Electron Cash Cashshuffle implementation has enhanced bitcoin cash fungibility by providing users with the ability to shuffle coins. Now a developer has announced the launch of the Interwallet transfer tool, an Electron Cash add-on that allows for privacy-minded transfers using the light client.

Also read: Last Will Platform Allows Your Loved Ones to Inherit Your BCH

Interwallet Transfer Increases Bitcoin Cash Fungibility

This week, software engineer Karol Trzeszczkowski announced the launch of a new plugin called the Interwallet Transfer. The tool works with the Electron Cash (EC) wallet and allows individuals to transfer funds from one wallet to another without compromising anonymity after using tools like Cashshuffle. Trzeszczkowski revealed the EC plugin on May 17 and thanked the developers Emergent Reasons, John Moriarty, and Calin Culianu (Nilac the grim) for help with the review process.

“[Interwallet Transfer] is a simple plugin that allows you to specify a destination wallet (represented by its xpub extended public key), and transfer coins from the source wallet to destination one-at-a-time at random intervals,” Trzeszczkowski said during the launch announcement. “Compared to the simplistic method of transferring everything in one big transaction, this method preserves privacy to a much higher degree: no longer are all your coins linked in that one transaction.”

Developer Creates Interwallet Transfer Plugin to Strengthen Bitcoin Cash Privacy

The Interwallet Transfer is open source and located on Github, while the project’s documentation details how the add-on works and how to install the plugin. The platform sends your coins to unused addresses from another wallet at random times over a selected time period and these coins are sent in one-in-one-out transactions. In order to install the platform, download the latest Interwallet Transfer and you can verify the integrity of the software using Trzeszczkowski’s public key. After the download is complete, you can open the wallet and click the Tools section from the drop-down menu. From here simply click Installed Plugins and press Add Plugin which will prompt a warning and the install window. After these steps are complete, the Interwallet Transfer add-on will be available to process transfers.

Developer Creates Interwallet Transfer Plugin to Strengthen Bitcoin Cash Privacy

Transfer Shuffled BCH at Randomly Selected Intervals

The Github documentation also teaches people how to transfer using the newly added plugin. In order to get started, simply paste the receiving wallet’s Master Public Key in the first dialogue box in the plugin tab. At this point, simply enter the amount of time you want the randomized transfers to take. “Within that amount of time, all funds will be transferred to the receiving wallet at randomly selected intervals,” read the Interwallet Transfer Github specifications. Once the process is complete you can press the Transfer tab and the Electron Cash wallet will begin processing the transactions within the set timeframe. The Interwallet Transfer developers note that the wallet must be open and running in order to complete the transfers.

Developer Creates Interwallet Transfer Plugin to Strengthen Bitcoin Cash Privacy

The BCH community was pleased to hear about Trzeszczkowski’s plugin for the EC wallet. “Ok, this might be the first plug-in for Electron Cash I might use — I can also use it to relocate a cold wallet without linking everything,” a BCH supporter stated on the Reddit forum r/btc. Another commenter remarked that “[Interwallet Transfer] makes it much easier to have a shuffle wallet and a separate mobile spending wallet.” Trzeszczkowski is also the creator of the open source Last Will platform, a smart contract program for the inheritance of bitcoin cash.

What do you think about the Interwallet Transfer plugin? Let us know what you think about this subject in the comments section below.

Disclaimer: Readers should do their own due diligence before taking any actions related to the mentioned company, software or any of its affiliates or services. Bitcoin.com or the author is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. This editorial is for informational purposes only.


Image credits: Shutterstock, Github, Twitter, Electron Cash, and Cashshuffle logos.


Now live, Markets.Bitcoin.com: A comprehensive, real-time listing of the cryptocurrency market. View prices, charts, transaction volumes, and more for the top 500 cryptocurrencies trading today.

The post Developer Creates Interwallet Transfer Plugin to Strengthen Bitcoin Cash Privacy appeared first on Bitcoin News.

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Bitcoin Cash Devs Publish the First 3 of 3 Multi-Sig Schnorr Transaction

May 19, 2019 |

Bitcoin Cash Devs Publish the First 3 of 3 Multi-Sig Schnorr Transaction

On May 15, the Bitcoin Cash network successfully upgraded by implementing Schnorr signatures, after which a few developers processed some basic Schnorr signatures. Then, on Saturday, May 18, software developers Chris Pacia, Mark Lundeberg, and Checksum0 performed the first multi-sig Schnorr signature on BCH and sent the funds to Freeross.org.

Also Read: After Trillions Printed Under QE, Politicians Now Say Deficits Don’t Matter

A Multi-Sig Schnorr Transaction With a P2PKH Output

This weekend, Openbazaar and Bchd full node developer Chris Pacia announced the first 3 of 3 multi-signature in a Pays To PubKey Hash (P2PKH) output. Developers Checksum0 and Mark Lundeberg helped process the transaction and the funds were sent to the Ross Ulbricht defense fund. “Mark Lundeberg, Chris Pacia and I made the first Schnorr multi-signature in history — The transaction is a donation to Free Ross — Proof will be published shortly,” explained Checksum before the transaction confirmed. Then, sure enough, the multi-sig transaction published to the chain and contained an opreturn message which read:

BCH is about giving people the freedom to make their own choices, to pursue their own happiness, however they individually see fit.

Bitcoin Cash Devs Publish the First 3 of 3 Multi-Sig Schnorr Transaction

Privacy-Enhancing Transactions

As of block 582680, the BCH chain had implemented the new Schnorr signature features, bringing the very basics of Schnorr to the table. With the help of another future Schnorr related upgrade, BCH developers will be able to implement public signature aggregation and complex sign-to-contract concepts. Public signature aggregation could bolster scaling immensely and more trivial smart contract ideas like Graftroot and Taproot could increase BCH privacy a great deal. However, there are still pretty cool applications that can happen today like hidden payment channels and atomic swaps. This includes the 3 of 3 multi-signature P2PKH output performed by the three developers. In another instance, Mark Lundeberg showed a Schnorr signature transaction on Twitter that highlighted Schnorr’s privacy-enhancing attributes.

“A Schnorr-signed transaction — Was it a secret payment channel closure?” Lundeberg asked on Twitter. “Did hundred parties sign to make it happen? Did a secret atomic swap occur? Or did I just send coins to myself in a boring txn? You will never find out.”

Bitcoin Cash Devs Publish the First 3 of 3 Multi-Sig Schnorr Transaction
The multi-sig transaction.

The BCH community was thrilled to hear the news about the Schnorr multi-sig transaction sent to Freeross.org. Well-known BCH proponent Emergent Reasons said: “More privacy for the win — Nice one.” “I thank BCH for taking steps to restore my individual economic liberty and financial privacy,” another supporter remarked. It’s only been four days and developers have already processed basic Schnorr sigs and the 3 of 3 multi-sig transaction as well. BCH developers will be testing a few different types of Schnorr signatures coupled with other mechanisms in future to further private transactions and create unique transaction types.

What do you think about the first multi-sig transaction using Schnorr signatures on the BCH chain? Let us know what you think about this subject in the comments section below.


Image credits: Shutterstock, Twitter, and Bitcoin.com’s Blockchain Explorer.


Want to create your own secure cold storage paper wallet? Check our tools section. You can also enjoy the easiest way to buy Bitcoin online with us. Download your free Bitcoin wallet and head to our Purchase Bitcoin page where you can buy BCH and BTC securely.

The post Bitcoin Cash Devs Publish the First 3 of 3 Multi-Sig Schnorr Transaction appeared first on Bitcoin News.

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Cyberghost Is a VPN Service You Can Pay For With Bitcoin Cash

May 19, 2019 |

Cyberghost Is a VPN Service You Can Pay For With Bitcoin Cash

Privacy in the online space is quite compromised these days and anyone who would like to protect their own may consider using a VPN service. There are many platforms on the market and some are catering to the crypto community. Cyberghost VPN is one of them and it takes bitcoin cash (BCH).

Also read: Vaulty Aggregates All Your Cryptocurrency Addresses Using a Single Link

The Crypto-Friendly VPN Provider Has 3,700 Servers in 60 Countries

Beside the need to safeguard personal data, which is often exposed in industrialized societies, there’s also the issue with restricted access to information, typical for nations under authoritarian regimes with heavy state-sponsored censorship programs. Other barriers include various geolocation restrictions limiting the availability of certain services in some markets.

VPN (virtual private network) providers help you overcome the challenges on these fronts and their services enjoy a growing popularity in the expanding crypto space. At this stage, not all of them accept digital currency payments, which add another layer of security, but there are some notable exceptions. These include Express VPN and Private Internet Access.

Cyberghost is another crypto-friendly platform, which has been credited for its simple to use software. It is a good choice for beginners. Cyberghost shields your private data and protects your online identity from hacking attacks and other encroachment attempts.

Cyberghost Is a VPN Service You Can Pay For With Bitcoin Cash

The service helps you stay safe on public wi-fi networks and hides your real IP address when surfing from your home. It uses encryption and maintains a no logs policy. The VPN also facilitates more secure financial transactions including online banking.

Another strong side of Cyberghost is that it has almost 3,700 servers in over 60 countries and offers unlimited bandwidth and traffic. Its major advantage for cryptocurrency users is the option to pay with digital coins for its services. An integration with Bitpay allows you to spend your bitcoin cash for one of its subscription plans which currently start at $ 2.75 a month.

If you are looking for other products and services to buy with your BCH, check out Bitcoin.com’s Spend Bitcoin Cash page. The online store allows you to shop for apparel and bitcoin branded accessories, purchase gift cards for major brands and retailers or buy a hardware wallet with discount.

Are you currently using a VPN service and how do you pay for it? Share the details in the comments section below.

Disclaimer: Readers should do their own due diligence before taking any actions related to third party companies or any of their affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any third party content, goods or services mentioned in this article.


Images courtesy of Shutterstock, Cyberghost.


Are you looking for a secure way to buy Bitcoin online? Start by downloading your free Bitcoin wallet from us and then head over to our Purchase Bitcoin page where you can easily buy BCH and BTC.

The post Cyberghost Is a VPN Service You Can Pay For With Bitcoin Cash appeared first on Bitcoin News.

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How to Travel the World With Bitcoin Cash

May 19, 2019 |

Extended Guide on How to Travel the World With Bitcoin Cash

Traveling is on everyone’s minds as summer approaches and crypto enthusiasts are no exception. But for anyone thinking of a holiday trip, travel arrangements can be arduous. Crypto payments can make your life easier in that regard, particularly with bitcoin cash, which is a fast and cheap way to pay for anything. The following guide shows you how to travel the world on BCH.

Also read: Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans

Book Flights, Hotels, Cars and Train Tickets With BCH

A lot of things have changed since the early days of Bitcoin and there are now much more places and ways to spend your electronic cash. Cryptocurrencies are yet to gain mainstream adoption in many sectors, but the travel industry has already proven to be quite hospitable towards crypto holders.

A number of travel sites now take major coins including BCH for booking flights, hotels and car rentals. Cheapair is the first major online travel agency to process crypto payments after it started accepting bitcoin back in 2013, initially for flights and soon after that for accommodation as well.

How to Travel the World With Bitcoin Cash

The U.S.-based platform acts as an intermediary between the providers of these services which are paid in fiat and clients who would like to pay with cryptocurrency. In response to customer demand, Cheapair.com added bitcoin cash (BCH) to its payment options about a year ago, noting its improved transaction potential in comparison with bitcoin core (BTC).

Bitcoin.Travel is another well-known platform which accepts payments in seven cryptocurrencies, including BCH. On its website, you can search for flights, hotels and car rentals offered by its partners. Crypto payments are made on confirmation but the funds are transferred to the service provider at least a day after you check in.

Payouts are made in cryptocurrency which means the participating businesses accept coins. According to the Polish agency, you can currently book rentals, tours or other activities using your favorite cryptocurrency. Note, however, that trying to book a flight usually redirects you to a partner that may not support crypto payments.

600,000 Property Listings Available to BCH Holders

To make sure that bitcoin cash supporters will have the opportunity to arrange their trip using BCH, Bitcoin.com recently teamed up with Travala, a leading blockchain booking platform. Travala.com will be integrated into the Bitcoin.com Wallet whose 4 million users will be able to take advantage of its services thanks to the partnership agreement.

The agency offers savings up to 40% on hotel bookings and accepts cryptocurrencies including bitcoin cash. With over 82,000 destinations in 210 countries, Travala is a global platform and bitcoin cash holders will now be able to choose from almost 600,000 property listings for their next holiday, directly from their Bitcoin.com Wallet.

How to Travel the World With Bitcoin Cash

Destinia is another option if you are looking to spend your bitcoin cash on traveling. The platform is available in over 30 languages and maintains a search engine similar to any other travel agency, only the services it facilitates can be paid with cryptocurrency. Note, however, that prices are displayed in mBCH.

Beside hotels, flights and cars, you can also pay for train tickets, which is a welcome addition. Railway companies in most countries are yet to integrate crypto payments but Destinia has already made this transport option available to cryptocurrency users. It currently sells tickets for the railway systems of a dozen nations including major tourist destinations such as Italy, Spain, Portugal, France, the United Kingdom, Canada and the U.S.

Business Travelers Are Covered as Well

Startups, professionals and entrepreneurs in the crypto space can also check out Corporate Traveller, a U.K.-based business travel management platform. Like Destinia, this agency provides rail transportation options along with flights, car hire and accommodation. Not long ago, Corporate Traveller began accepting bitcoin cash payments from companies making travel arrangements for their employees. If you contact them, their consultants will be able to offer you help and fares you can pay with BCH thanks to a partnership with Bitpay.

How to Travel the World With Bitcoin Cash

Airtreks is another booking platform that works with the same crypto payments provider. It lets you explore global routes with multi-stop international flights and helps you prepare your long itinerary with its Tripplanner feature. Its website currently advertises around the world specials such as “The Grand Escape,” “Circle the Globe,” and “Beach Hopping.” And if you like visiting exotic places, Bookmauritiushotels.com is a website that offers “the best prices you can ever find” for hotels in the island nation which you can pay for with BCH.

Other companies in the industry accepting cryptocurrency payments through Bitpay include the Latvian national carrier Airbaltic and the German travel sites Fluege and Nurflug. According to a thread on the Bitcointalk forum, there’s also a bunch of gift card platforms, such as Gyft, Egifter and Giftoffs, which work with the popular payment processor. The integration allows you to purchase gift cards for products and services offered by airline companies like American Airlines, Delta, Southwest, and Virgin. You can also pay for flights, hotels or travel packages using the gift cards of Lastminute, Jet2Holidays and Flightgiftcard which can be purchased with BCH.

The Bitcoin Cash Map is Expanding

Once you reach your destination, you may want to find places where you can easily spend more of your bitcoin cash. One useful application that will help you to locate brick and mortar stores which allow you to pay with BCH is Marco Coino. It’s been developed by Bitcoin.com for both iOS and Android devices and it has an online version as well.

The merchant directory now lists over 1,000 physical locations accepting bitcoin cash. The stores are spread all over the world with the interactive map showing the highest concentration in Europe. If you run a business taking BCH or you happen to find one that’s not listed yet, you can easily add a new store to the Marco Coino map.

How to Travel the World With Bitcoin Cash

An alternative platform showing locations where you can pay directly with BCH is Bitcoinmap.cash. It has both a web-based version and a mobile app available in the Google Play store. All the venues displayed on its map accept either bitcoin cash or dash, while some of the shops also take bitcoin core. You’ll enjoy discounts of up to 20% on your first BCH payment in many of the participating stores.

But even if you are in a place where only fiat currency is accepted, there are still ways to spend your bitcoin cash. Here are two debit card issuers that support it: Bitpay’s Visa card in the U.S. can be loaded with BCH and used to purchase goods and services through a conversion to U.S. dollars. And Fuzex is another crypto card project with global reach that last year chose bitcoin cash (BCH) as its base cryptocurrency. Its card is issued to residents of Europe and the Asia-Pacific region.

Traveling is rarely cheap, whether you are on a vacation or a business trip. In case you run out of bitcoin cash, there’s already a wide network of ATMs around the world where you can top up your BCH wallet. A quick look at Coinatmradar’s BCH Map shows there are now more than 1,800 machines and tellers on the planet that can sell you BCH coins. Many of these will also buy your electronic cash in case you need some paper money.

Have you used the services of these platforms to arrange your trips with bitcoin cash? Share your experience in the comments section below.

Disclaimer: Readers should do their own due diligence before taking any actions related to third party companies or any of their affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any third party content, goods or services mentioned in this article.


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Bitcoin Cash Upgrade and 30K Stores Accepting BCH in the Weekly Update From Bitcoin.com

May 19, 2019 |

Bitcoin Cash network successfully undergoes an upgrade and more than 30,000 new stores now accept BCH payments. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel.

Also Read: After Trillions Printed Under QE, Politicians Now Say Deficits Don’t Matter

BCH Network Upgrade in Bitcoin.com’s Weekly Update

This week’s show covers the recent upgrade to the Bitcoin Cash (BCH) network, adding Schnorr signatures and the Segwit recovery exemption. With the changes successfully completed, developers are now able to create payment channels and atomic swaps hidden as ordinary payments as well as lightning-style payment channel networks if they ever wanted to.

The team also discusses a recently announced custodial wallet called Spedn, which will allow cryptocurrency users the ability to spend their coins at 30,476 new stores. This is achieved thanks to partnerships with well known retail chains such as Lowes, Gamestop, Whole Foods, Petco, Barnes & Noble, Regal Cinemas, Baskin Robbins, Crate and Barrel, and Nordstrom.

Other topics mentioned on the show are booking platform Travala partnering with Bitcoin.com to empower millions of users to save on travel expenses and the upcoming Local.Bitcoin.com service. The peer-to-peer BCH exchange will launch on June 4 but you can already create an account, open sell orders, setup your referral program, and explore the site right now.

Make sure to subscribe to the Bitcoin.com Youtube channel and leave a comment on the latest video.


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Markets Update: Bitcoin Cash Jumps Ahead as Crypto Prices See Fresh Gains

May 19, 2019 |

Markets Update: Bitcoin Cash Jumps Ahead as Crypto Prices See Fresh Gains

Digital asset markets jumped in value over the last 24 hours as most cryptocurrencies have gained 8-13%. Since our last markets update the entire cryptoconomy has increased by $ 33 billion and this Sunday bitcoin cash (BCH) lead the top ten pack once again with a 12.9% gain in the last day.

Also Read: Putting an End to the Bitcoin Store of Value Fallacy

Top Crypto Markets Gain 8-13%

Just two days ago short positions and crypto bears managed to scale back the prices of many coins. During the start of the weekend, however, prices managed to start climbing again and many digital assets regained some losses. On May 19 the trend changed for the better and a large portion of digital currencies started to break out and gather some decent gains. This Sunday, bitcoin core (BTC) is just below the $ 8K zone with an average price of around $ 7,908 per coin. BTC has gained 7.8% over the last day and around 10.4% over the last seven days.

Markets Update: Bitcoin Cash Jumps Ahead as Crypto Prices See Fresh Gains

The second largest market cap still belongs to ethereum (ETH) and its markets are up by 6.6%. Each ETH is trading for $ 252 per coin and the market has gained 32% over the last week. Ripple (XRP) is up around 6% as well and each XRP is swapping for $ 0.39 at press time. XRP markets are up 26% over the last seven days and just started seeing some stronger gains over the last two weeks. Lastly, litecoin (LTC) is up 6% today but only 5.5% for the week with each LTC swapping for $ 92 per coin.

Bitcoin Cash (BCH) Market Action

Bitcoin cash (BCH) is currently trading for $ 404 per unit and is up 12.9% over the last week. BCH has a market cap of around $ 7.1 billion and global trade volume today is $ 2.6 billion. The decentralized cryptocurrency still holds the fifth highest trade volume today above eos and below LTC. Tether (USDT) is the top pair traded with BCH on May 19 as 49.9% of BCH trades are against USDT. This is followed by BTC (24.4%), USD (9.9%), KRW (9.9%), JPY (2.1%), and EUR (1.5%). The top five exchanges trading all the BCH volume includes Coinbene, P2pb2b, Bitmart, Binance, Huobi, and Hitbtc.

Markets Update: Bitcoin Cash Jumps Ahead as Crypto Prices See Fresh Gains

BCH/USD Technical Indicators

Looking at the 4-hour chart for BCH/USD on Kraken shows bulls gathered strong momentum during the early morning trading sessions but are currently facing big resistance. Most 4-hour oscillators show either impartial readouts or a bullishness. At the moment the Relative Strength Index (RSI ~58.28) is below overbought conditions and is very neutral at press time. Stochastic shows a similar readout (~80.41) and MACd levels (~33.20) show there’s room for more price improvements in the short term.

Markets Update: Bitcoin Cash Jumps Ahead as Crypto Prices See Fresh Gains

The two Simple Moving Averages (SMA 100 & 200) show there’s still a decent gap between the short term 100 which is above the longer term 200 SMA trendline. This indicates that the path toward the least resistance is still the upside even after bears nudged the price down two days ago. Order books show BCH bulls will meet strong resistance levels between the current vantage point and the $ 430 range. There’s more resistance at the $ 455 zone as well if bulls manage to climb higher. On the back side, bears will see pit-stops between now and the $ 375 zone. Alongside this, there’s a string of foundational support around the $ 340 region as well.

Markets Update: Bitcoin Cash Jumps Ahead as Crypto Prices See Fresh Gains

Traders Play New Positions While Waiting for More Surprise Crypto Action

It has been an odd week for cryptocurrency markets as there’s been some decent volatility taking place from time to time. BTC/USD, BCH/USD, and ETH/USD short positions were pretty high on Saturday but most have been squeezed since then. As unexpected as the last drop was two days ago, the 10-15% rises on Sunday was also a surprise. And still, top markets have shown room for growth as foundational supports held perfectly during the price pullbacks. People have also been watching for big whale movements and there were two large transactions on May 19 totaling $ 38 million worth of BTC according to the Twitter account Whale Alert. It’s safe to say the last dump shook traders up with uncertainty and whether or not the bull run will continue is still debatable.

Where do you see the price of bitcoin cash and the rest of the crypto markets heading from here? Let us know what you think about this subject in the comments section below.

Disclaimer: Price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice. Neither Bitcoin.com nor the author is responsible for any losses or gains, as the ultimate decision to conduct a trade is made by the reader. Always remember that only those in possession of the private keys are in control of the “money.”


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