New Bitcoin Commercial Demonstrating BTC as Spendable Currency. Bitcoin is not only a store of value, its a global currency with no borders.
Link to commercial: https://www.youtube.com/watch?v=d2pNd0J1oXQ
More recent developments:
LedgerX has formally propelled physical Bitcoin prospects exchanging, turning into the first to do as such on the residential market.
In a declaration via web-based networking media July 31, LedgerX said its physical fates offering was live on its Omni exchanging stage.
"It's legitimate: we're live with retail exchanging on Omni!" authorities affirmed.
Physical Bitcoin fates vary from those offered by a portion of the primary administrators in 2017. Instead of simply picking up introduction to Bitcoin, speculators take conveyance of it, expecting them to see how to communicate with it notwithstanding wagering on its cost.
LedgerX's introduction pursues receipt of the imperative permit from U.S. controller the Commodity Futures Trading Commission (CFTC) toward the end of last month. Exchanging on Omni is open just to U.S. what's more, Singapore inhabitants, subject to a base store of $10,000 or 1 BTC (at press time equivalent to $9,995).
The U.S. market was beforehand empty, with LedgerX the sole occupant regardless of the guarantee of a few contenders issuing their own physical prospects contributions this year.
Among them is Bakkt, maybe the most fervently anticipated administrator, which started testing of its item a week ago.
Administrative vulnerability has brought about different postponements to Bakkt, an issue which has brought about different organizations expecting to close out U.S. merchants from utilizing their administrations.
Fortaleza, a major city of northeast Brazil, will start accepting Bitcoin (BTC) as payment for bus tickets by the end of 2019.
Transportation service says paying with Bitcoin will reduce operational costs
A local transportation service announced an initiative to allow citizens to pay for bus tickets by credit and debit cards as well as Bitcoin and other cryptocurrencies, as reported by Cointelegraph Brazil on July 25. The initiative purportedly aims to reduce operational costs in the bus ticketing system, the report notes.
The entity, called Cooperative of Independent Transport of Passengers of the State of Ceará (Cootraps), said that passengers will be able to pay for their trips with Bitcoin through their smartphones by scanning a QR code, as first reported by Brazilian tabloid newspaper O Povo.
Cootraps lets people pay for bus trips with Bitcoin
While Cootraps reportedly stated that the upcoming system will also accept some other cryptos besides Bitcoin, the cooperative did not clarify any further details on the matter. At press time, Cootraps’ website is unavailable.
However, Carlos Robério Sampaio, CFO at Cootraps, reportedly said that new payment methods would reduce bureaucracy and will attract more users as the entity expects to simplify payment procedures by processing them via electronic vouchers. Additionally, passengers will be able to pay for tickets without disturbing the driver, the report notes.
Meanwhile, head of Brazilia’s Federation of Industries in the State of São Paulo, recently said that Brazilians could start using crypto to evade taxes in the light of the upcoming tax reform proposal by President Jair Bolsonaro.
Link to commercial: https://www.youtube.com/watch?v=d2pNd0J1oXQ
More recent developments:
LedgerX has formally propelled physical Bitcoin prospects exchanging, turning into the first to do as such on the residential market.
In a declaration via web-based networking media July 31, LedgerX said its physical fates offering was live on its Omni exchanging stage.
"It's legitimate: we're live with retail exchanging on Omni!" authorities affirmed.
Physical Bitcoin fates vary from those offered by a portion of the primary administrators in 2017. Instead of simply picking up introduction to Bitcoin, speculators take conveyance of it, expecting them to see how to communicate with it notwithstanding wagering on its cost.
LedgerX's introduction pursues receipt of the imperative permit from U.S. controller the Commodity Futures Trading Commission (CFTC) toward the end of last month. Exchanging on Omni is open just to U.S. what's more, Singapore inhabitants, subject to a base store of $10,000 or 1 BTC (at press time equivalent to $9,995).
The U.S. market was beforehand empty, with LedgerX the sole occupant regardless of the guarantee of a few contenders issuing their own physical prospects contributions this year.
Among them is Bakkt, maybe the most fervently anticipated administrator, which started testing of its item a week ago.
Administrative vulnerability has brought about different postponements to Bakkt, an issue which has brought about different organizations expecting to close out U.S. merchants from utilizing their administrations.
Fortaleza, a major city of northeast Brazil, will start accepting Bitcoin (BTC) as payment for bus tickets by the end of 2019.
Transportation service says paying with Bitcoin will reduce operational costs
A local transportation service announced an initiative to allow citizens to pay for bus tickets by credit and debit cards as well as Bitcoin and other cryptocurrencies, as reported by Cointelegraph Brazil on July 25. The initiative purportedly aims to reduce operational costs in the bus ticketing system, the report notes.
The entity, called Cooperative of Independent Transport of Passengers of the State of Ceará (Cootraps), said that passengers will be able to pay for their trips with Bitcoin through their smartphones by scanning a QR code, as first reported by Brazilian tabloid newspaper O Povo.
Cootraps lets people pay for bus trips with Bitcoin
While Cootraps reportedly stated that the upcoming system will also accept some other cryptos besides Bitcoin, the cooperative did not clarify any further details on the matter. At press time, Cootraps’ website is unavailable.
However, Carlos Robério Sampaio, CFO at Cootraps, reportedly said that new payment methods would reduce bureaucracy and will attract more users as the entity expects to simplify payment procedures by processing them via electronic vouchers. Additionally, passengers will be able to pay for tickets without disturbing the driver, the report notes.
Meanwhile, head of Brazilia’s Federation of Industries in the State of São Paulo, recently said that Brazilians could start using crypto to evade taxes in the light of the upcoming tax reform proposal by President Jair Bolsonaro.