LiteCoin Foundation Acquires 9.9% Of German Bank
Today I talk about how the LiteCoin Foundation acquired 9.9% of a German bank. Plus we look at a story about Google Co-founder Sergey Brin that has been making the rounds, plus some technical analysis on BTCUSD.
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LiteCoin Story:
https://www.coindesk.com/litecoin-foundation-acquires-9-9-of-bank-in-payments-partnership/
My joke tweet about Binance:
https://twitter.com/ChrisConeyInt/status/992072044496982016
Google co-founder story:
http://mainbloq.io/billionaire-google-co-founder-sergey-brin-is-an-ethereum-miner/
Video recording of Sergey Brin:
https://www.facebook.com/Bitfury/videos/vb.243839845816126/833730016827103/?type=2&theater
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https://eosflare.io/account/chrisjsconey
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Great news for us hardcore LTC HODlers that have been excited since the thought of LitePay. This could not only pave the way for a LitePay solutions but also a solution for traditional banking as well. It will be interesting to see how regulators see this: opportunity to be on the right side of efficiencies or as a threat to the traditional system.
I’m here with you, @newageinv. It will exciting to see new payment solutions emerging from such “hybrid” collaborations, developed by cryptocurrency companies and backed by traditional financial institutions. But even today I’m using LTC to do my grocery shopping, when I swipe my Wirex debit card at the local supermarket.
Next up - Binance buys out Deutsche XD
That is seriously what we need though - banks we feel ensured using for our crypto start ups... Thanks for the update and ressources as always.
I don’t think Binance will be interested in buying such a trashy bank. It would be a bad deal for them.
Good video!
Bullocks!!
Or is it spelled "bullucks"!??
I havent had internet for nearly a week, but I am catching back up on your podcasts right now!
Keep up the good work! You are my crypto info source!!
Peace
Can you do a video on how you set your name as your EOS address?
Wow, pretty long template. I appreciate the video I didn't really understand why they were trying to get ownership of a bank. I think they need to first keep roling out technical improvements. Seems litecoin has stalled technically.
Litecoin is very good coin , its acquistion shows its future plan , what is your target of litecoin for 2018
If more and more Blockchain-oriented companies own stakes in traditional banks and financial institutions, then it will be much easier for them to release crypto-payment cards (VISA and MasterCard) and other integrated payments solutions. In general we’ll get to see more consumer-level crypto-fiat interfaces readily available to those banks’ customers. Maybe this is the way crypto is going to hit mainstream, after all.
good news. It should happen.