Coinbase Stablecoin - SWIFT Panics About Crypto - $16m Bitcoin House


On today’s episode of The Cryptoverse…
I have hand picked another 5 top crypto news stories for the day. Stories today include:
Coinbase launching support for a dollar stablecoin 0:52
Blockstack launching support for token creation 4:14
SWIFT moving to Microsoft cloud to defend against crypto 6:23
The US working to remove Iran from the SWIFT system 8:34
Hedge fund manager selling his $16m house for Bitcoin 10:46

●▬ Get Paid Crypto To Watch My Videos ▬▬▬▬▬●
https://www.patreon.com/TheCryptoverse

●▬ Official Merch ▬▬▬▬▬●
https://planetc.shop/collections/the-cryptoverse

●▬ Support The Show In Other Ways▬▬▬▬▬●
Sign up to our sponsors: https://www.thecryptoverse.show/#_ln3u69r10
Buy online courses: https://www.cryptoversity.com/courses/
Buy Bitcoin: https://www.coinbase.com/join/56e9586dba1a7901da0004d4

●▬ Donate Crypto ▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Bitcoin: 3Fo7Uri2R4MLBbZZ3Ja1ryiXnto8BfqFL1
Bitcoin Cash: qqjjyt543y0untmq6w5em6h82u60kcaqpywxm7x75w
Ethereum: 0x0de0E11E0812982652AB68F903643b0cddD4C0a8
Dash: XbrDZbmqUvUUYsPnj8eSLTLqccXe6QvGoz
DigiByte: DBGFU3KLBiLHa6ZfeorxzfeYaA76Joa36B
LiteCoin: LKLvp8owSjqbNRo3iT2fwgzCF6XBZVC4ig
NEO: AYpGCzgWsZvR6f3fvfDKKkbcCKU1KFU8kd
EOS: chrisjsconey

●▬ Social Networks ▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Steemit: https://steemit.com/@marketingmonk
Twitter: https://twitter.com/ChrisConeyInt
Facebook: https://www.facebook.com/Cryptoversity/
Telegram: https://t.me/TheCryptoverse
Email: http://eepurl.com/dlPc9P
Reddit: https://www.reddit.com/r/TheCryptoverse/
Minds: https://www.minds.com/marketingmonk
Gab: https://gab.ai/chrisconey

●▬ Sources ▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Today Coinbase launch support for the USDC Stablecoin created by Circle
https://blog.coinbase.com/coinbase-and-circle-announce-the-launch-of-usdc-a-digital-dollar-2cd6548d237

Blockstack is about to do it’s annual hardfork and launch the ability to create tokens and digital assets on the network
https://blockstack.org/blog/the-launch-of-the-stacks-genesis-block/

Swift moving to the cloud
https://bloxlive.tv/stories/s73news/15442-23-10-2018/74423-microsoft-to-partner-with-cloud-payment-company-swift

US in Negotiations with SWIFT to Remove Iran from the Network, Golden Opportunity for Cryptos & Blockchain?
https://coingape.com/us-negotiations-swift-remove-iran/

Hedge Fund Manager to Accept Bitcoin Payment for his $15.9 Million Mansion
https://btcmanager.com/hedge-fund-manager-bitcoin-payment-15-9-million-mansion/


▶️ DTube
▶️ IPFS
Sort:  

Another great show Chris. Does seem a bit pointless for Coinbase to have a StableCoin when you can trade straight to USD!!! Would love to see a comparison between Blockstack and Elastos!! Just tested the Blockstack browser and only app that seems to work is Dappy. But BS does potentially look like a great project. Haha, Swift is so screwed!!

Thank you for your choice of news and your presentation. I will look more into Blockstack. I did not know about them, only heart the name once or twice. This update to there network sounds significant.

Stablecoin news is great

Posted using Partiko Android

Not only is my Coinbase account enabled, but the iPhone app works to buy and deposit as well. account 987DEE56-656C-4AB0-9CA4-6E2CE105FA8C.jpeg

B484FA3E-27BD-467B-9433-FB4076D0D00B.jpeg

F17B9F63-B452-4181-8D06-AB0B065B68EC.jpeg

FBAECCBA-5B9B-4DED-8908-69EB9C9A2407.jpeg

Hey, that's how I roll, yo.

The situation with SWIFT very much reminds me of Blockbuster when Netflix launched.

Doesnt Coinbase already trade against USD anyway? why would they need to have a coin that is pegged to USD?

So you don't need a dollar bank account to deposit US dollars.

So you mean non US residents can now trade with USDC freely ?

I wrote a long reply and then decided to just make my first ever STEEM post (I got my first ever STEEM account thanks to @marketingmonk)

https://steemit.com/usdc/@yes2crypto/why-does-coinbase-need-a-stable-coin-when-they-have-usd-here-are-10-reasons has some reasons that might help answer you.

those monsters financial firms and banks keeps pushing people to block chain technology
✌️✌️✌️✌️

I'm listing a few personal things for sale on Craig's list this weekend and I'm NOT asking for cash. I'm going to ask for Bitcoin, Litecoin, Dash or other crypto considered. Can't wait to see what happens! Wish me luck. Thanks for the info!!!!

I think the proliferation of these new stablecoins despite their centralized nature is positive as it is taking market share away from Tether which currently holds a Top 10 spot in general market cap. So transparency would improve in the market which is net positive. The long term benefit of using these is that it will increase adoption as merchants and organizations see the efficiencies in using them for transfers and payments which result in cheaper and faster settlements as long as scaling improves on some of the blockchains.

Swift will definitely lose in the long run if they don't catch up. Few days ago I did a fiat transfer with swift, took 4 days... What's that?

Of course no startups would like to work with swift because it is too slow and also probably expensive. The challenge in that case is to integrate cryptopayments into the existing book keeping solutions and having (or not!) the proper tax regulations in place. Once that's fixed I don't see why not to accept cryptos as the main payment system since it's pretty easy to integrate.

Banning Iran from it? I love those kind of actions because it just adds powder to the fire. Of course they will look for alternatives which will bypass the ban and when other countries see that they will probably start going that way. Many countries don't like the US trying to play the police of the world. The more they try to ban the better it will get!

Interesting episode, keep it up!

Posted using Partiko Android