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Venezuelan Guards Seize 76 Bitcoin Mining Rigs Due to âInconsistenciesâ in Transport Documents
The Bolivarian National Guard of Venezuela (GNB) is known for having a tough stance against crypto mining rig counterfeits, as several operations have been assigned to combat the issues over the last few months. This time, the Venezuelan authorities seized 76 mining rigs after allegedly detecting inconsistencies in the transport documentation. Rigs Are Presumably ASIC [âŚ]
Major Venezuelan Satellite TV Provider Enables Bitcoin and Other Cryptocurrencies Payments
Venezuelan customers from the biggest satellite TV provider in the country are now able to pay their monthly bills via cryptocurrencies. Simple TV announced it had enabled the feature to its over four million users, whose company was the replacement of Directv. Company Expects to Cut Dependency on Fiat Dollar According to the announcement, the [âŚ]
Tesla Begins Accepting Bitcoin â Elon Musk Says BTC Payments Will Not Be Converted to Fiat Currency
Elon Muskâs electric car company, Tesla, has started accepting bitcoin payments. Musk, whose title is now Technoking of Tesla, also confirmed that all âBitcoin paid to Tesla will be retained as bitcoin, not converted to fiat currency.â Tesla Now Accepts Bitcoin Tesla has begun accepting bitcoin payments. Elon Musk, who recently changed his title from [âŚ]
CASE STUDY
3 Secrets To Bitcoin Investment Success
The bitcoin ecosystem got a lot of great news â investors are pouring millions into the ecosystem, the IRS clarified the U.S. tax situation, and Stripe announced they will support bitcoin.
HAVE A PLAN
Bitcoin investors need to have a strategy: It could be day trading, trying to pay off student loans, trying to retire, etc.
SECURE THOSE BITCOINS!
Bitcoin gives owners 100 percent control over their funds. With that great power comes responsibility. Any time funds are held in an online wallet, online exchange, or business those funds are at an increased level of risk.
EXPECT DROPS
Bitcoinâs price will drop. Itâs price will probably drop more and faster than any other investment youâve held.
When evaluating places to put bitcoins it is important to think of trust factors such as: who owns this company, where is this company located, what security features does this company employ, and how does this business make money?
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