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      "body": "These days, according to the European Parliament, several private firms have emerged that specialize in de-anonymizing bitcoin transactions. For example, a British company has developed the software https://mycryptomixer.com/ to examine the trail of cryptocurrency transactions. The software analyzes all transactions ever made from a specific cryptocurrency wallet. As a result, it shows which exchange the cryptocurrency was deposited to, from which cryptocurrency wallets or exchanges bitcoins were deposited, etc. But again, even such data would be useless without one necessary legal provision within the EU.",
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      "body": "Congratulations @cybertrust! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@cybertrust/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@cybertrust) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=cybertrust)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemfest/@steemitboard/steemitboard-supports-the-steemfest-travel-reimbursement-fund\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmXDHs9xfx8ZZ3DESFUqHRUQAcQT5kUWobArsRoJg2Yz1F/image.png\"></a></td><td><a href=\"https://steemit.com/steemfest/@steemitboard/steemitboard-supports-the-steemfest-travel-reimbursement-fund\">SteemitBoard supports the SteemFest⁴ Travel Reimbursement Fund.</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "parent_permlink": "bitcoin",
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      "permlink": "4-ways-to-short-bitcoin",
      "title": "4 Ways to Short Bitcoin",
      "body": "https://cdn-images-1.medium.com/max/800/1*Tip1qriaz5b8VeWH4Apbwg.png\n*Destruction of the HODL’ers Incoming*\n\nThis year has been nothing short of incredible for Bitcoin. Rocketing up more than 1000%, the crypto currency has smashed expectations (not for some though) of its adoption and price. As a trader though, I stare at this hockey stick chart every day and think to myself “what goes up, must come down.” Eventually there will be a crash, it may only last a few minutes, as seen in the most recent 15% slam down from ATHs above 11,000. However, there are a growing number of ways that you can protect your capital and effectively hedge against a market crash. Lets take a look at them.\n\n## Futures\n\nIn what really is just a giant CFD, the CME are going to be releasing Bitcoin futures for trade sometime in January. Additionally, the NASDAQ and brokerage Cantor Fitzgerald have also signaled that they are planning to release crypto futures some time in the next year. While it will be great to be able to load up on shorts when the time comes, I’m a bit wary that the CME futures are not settled in Bitcoin, instead they are cash settled. This presents quite a big risk, not for crypto traders, but for the fiat ones. There will be huge ability for arbitrage in the beginning and I’m sure that the product is going to trade at a premium.\n\n## CFD/Spread Betting\n\nOne of the easiest ways to short crypto is to open a CFD account at IG or one of the other myriad of sites. These types of trades are also like the futures, but in this case, you simply choose the spread or dollar per point you want to risk and then trade from there. This gives you a great way to choose the direction of Bitcoin, but unfortunately, you don’t actually trade the underlying.\n\n## Bitcoin Cash (aka BCash)\n\nBorn out of Bitcoin last year and the top claimant to the crypto throne, Bcash is a great hedge against a free-falling Bitcoin. Siding with Bcash though amounts to choosing sides in the ongoing civil war. Some parties want a store of value coin, while others want a means for transacting. At the moment, the market has sided with Bitcoin, whose market cap is more than 10x greater than that of Bcash, however, if there was a major collapse in the price of Bitcoin, investors would probably flee to the safety the young successor.\n\n## Securitized Bitcoin\n\nMost people don’t know, but you can already buy Bitcoin on a securitized exchange. There are several products at the moment which have already been released or will be released soon. Currently on the market are Grayscale’s [Bitcoin Investment Trust](https://grayscale.co/bitcoin-investment-trust/) (GBTC) and [XBT Provider](http://xbtprovider.com/) (XBT — Only available in Sweden). Both of these products are synthetic derivatives of Bitcoin, which track its performance. Investors who want these products pay a significant premium to town them. GBTC for example, was listed at $15,630 per Bitcoin as of writing: trading at more than a $5,000 premium to the underlying. Investors have to pay a hefty sum to own the product.\n\nAnother company offering Bitcoin securitization is [CyberTrust](http://www.cybertrust.io/?utm_source=ay). They are in the middle of their ICO, where their CABS token represents the price of securitization. With 1 of their CABS tokens, an investor will be able to securitize 1 Bitcoin into what they are calling a “Bitcoin Global Note.” After their ICO is done, they will be direct competitors to Grayscale and XBT Provider. The difference comes down to the price of the securitization premium. While GBTC trades at an average of 45% higher, CyberTrust’s ICO participants can lock in their securitization premium at just 2.63%, or $263 as of writing today.\n\n## Conclusion\n\nWe may be in a crypto bubble, but the thing about bubbles is that if everyone says we are in one, then we aren’t. Bitcoin’s value has shown no signs of stopping and the majority of retail and institutional investors haven’t even joined the party so far. While there could be trillions of capital waiting to be deployed, the SEC and other regulators could put the lid on the crypto markets. If that’s the case, it could drop the price of all crypto by a 30–50%. There are many ways out there to take advantage of the coming pull back. When that time comes I’ll be ready to short, will you?",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"cryptocurrency\",\"investment\",\"ethereum\",\"trading\"],\"image\":[\"https://cdn-images-1.medium.com/max/800/1*Tip1qriaz5b8VeWH4Apbwg.png\"],\"links\":[\"https://grayscale.co/bitcoin-investment-trust/\",\"http://xbtprovider.com/\",\"http://www.cybertrust.io/?utm_source=ay\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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      "body": "Any crypto asset can be traced back to the real owner unless you're doing it in a very stealth and careful way. Anyone wanting to be fully anonymous online should consider this very [innovative platform](https://www.tokenpay.com?rc=0RW4W).",
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      "body": "https://i.imgur.com/X7XfISK.png\nGet your post resteemed over 90000+ followers and get upto $19+ value Upvote. Your post will skyrocket and give you maximum exposer. \n\n> Send 1 SBD or Steem with your post url you will get your post share over 30000+ followers and 1 upvote $1.5+ value.\n\n> Send 2 SBD or Steem with your post url you will get your post share over 30000+ followers and 1 upvote $3+ value.\n\n> Send 3 SBD or Steem with your post url you will get your post share over 60000+ followers and 1 upvote $5+ value.\n\n> Send 5 SBD or Steem with your post url you will get your post share over 90000+ followers and 1 upvote $9+ value.\n\nSee our all pakages at: http://www.whaleboostup.ml",
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      "author": "cybertrust",
      "permlink": "5-reasons-banks-can-t-buy-crypto-and-the-solution-changing-the-status-quo",
      "title": "5 Reasons Banks Can’t Buy Crypto — and The Solution Changing the Status Quo",
      "body": "https://cdn-images-1.medium.com/max/800/1*WzHg6LWizjg8oe19b2NODQ.png\n\nEveryone and their mom is buying crypto these days.\n\nTraditional investors are doing it. Individual consumers are doing it. Your grandma can even buy you a $100 worth of Ethereum as a Christmas gift with [Ether cards](https://ether.cards/)!\n\nBut one kind of stakeholder has resisted entering the crypto space so far. We’re talking about banks. The trillions of dollars they control have been conspicuously absent from the $300+ billion crypto market cap so far. The majority of investors are retail and other non-risk averse funds who can invest into crypto without any problems.\n\nThe question is, why? Why are **banks**, who have the equity and the motivation to work with crypto, avoiding Bitcoin, Ethereum and other tokens?\n\nThis article gives 5 reasons **why** — and highlights a solution that’s slowly helping banks get exposure to crypto with their capital without taking on undue risk.\n\nReason #1 is…\n\n## 1. Enforceable, auditable titled ownership\n\nIn the eyes of the law, crypto ownership is a grey area.\n\nBoth Bitcoin and Ethereum tokens are unregulated and anonymous. This means that checking who owns any given wallet is virtually impossible without some form of transaction analysis or data registration at an exchange or other information collection source. As a result, crypto assets are inherently semi-separated from their holders’ legal identities.\n\nThis raises a number of potential problems.\n\nFor example, say a bank owns Ethereum. If the funds are lost to an external attack or internal theft, the chances of recovering them are near impossible. There’s no proof of ownership, which means there are no records, which means the money’s gone into thin air.\n\nThat’s bad — and it’s just one of many scenarios where things can go wrong for crypto investors. At the end of the day, BTC and ETH aren’t issued or controlled by a real-life organization like a bank, a fund or a government. This means that even if we did assign titled ownership to tokens, enforcing that ownership would be impossible.\n\nAll of this makes crypto risky. Banks can’t justify this kind of risk to their risk-averse stakeholders. This is the first reason banks aren’t buying up Bitcoin and Ethereum; assets without verifiable, enforceable property rights scare institutional investors.\n\nOf course, most tokens aren’t just untitled. They’re completely extralegal — which, as you’re about to find out, is another tangible problem for banks.\n\n## 2. BTC is extra-legal\n\nBitcoin, Ethereum and most altcoins are “extra-legal” in the sense that they exist outside the world’s established legal and financial system. Put simply, Bitcoin and Ethereum tokens and addresses aren’t linked to real-life identities or accounts. They’re neither controlled nor issued by any particular organization, meaning they can be used with no regard for the law.\n\nTo crypto users, this is a positive. It means you — not your bank or the government — control your assets. It also means you can make discrete, instant purchases. And unless you leave a paper trail — for example, by buying crypto from your personal credit card — nobody has to know.\n\nFor banks, the reverse is true. Investing in an extralegal asset can put a bank at odds with the local or national government. It also makes it difficult to show the assets on a balance sheet, transfer ownership and — yes — justify the purchase to clients.\n\nOf course, Bitcoin, Ethereum and most other tokens are extra-legal by design. This is the whole point and the reason they have so much value. This is “digital gold” that can’t be taken away by anyone else. The problem is that banks are supposed to be 100% law-compliant, which puts them at odds with this feature (even if only formally).\nThis extra-legality also means…\n\n## 3. Exposure to Extreme Clearing Risks\n\nCryptocurrency trading is extralegal, which prevents traditional financial organizations from dealing in it.\nAt the same time, there’s clearly a lot of demand and supply for crypto. To bridge this gap, private-owned crypto exchanges like Coinbase and Localbitcoins process trades. This is an effective solution — but not one that appeals to banks. Here’s why.\n\nThe first problem is that exchanges aren’t a counterparty to your transactions. Instead, they’re a platform that facilitates peer-to-peer exchanges. This means that any potential trade has no inherent backing. Nobody is legally responsible for it.\n\nThis makes any crypto exchange a risky proposition. That’s the first clearing risk.\n\nThe second clearing risk is the volatile nature of crypto. As explained above, any trade done through an exchange is ultimately between you and another party. The risk is that you send your money to the exchange and in some part of the process, it disappears. This could be because of a server update, or a failed transaction or any number of other reasons.\nThe larger exchanges have good customer service and you will probably will get your funds back at some point. But what if the price of the asset you’re trading swings up or down during those 90 minutes? For example, what if you agree to sell your assets at $9,000/BTC — and meanwhile, the price goes up to $11,000/BTC?\n\nThat’s right. You stand to lose a lot of money to slippage if you have already bought the asset. This risk exists for all investors and financial assets, but with crypto, it makes clearing large amounts of money far more risky than banks are used to. When you’re dealing with 7, 8 and 9-figure sums, a fraction of a percent makes a tremendous difference.\nThe next problem on our list is that of…\n\n## 4. Unclear Tax Implications\n\nThe tax status of cryptocurrencies is still unclear. In many cases, it appears outright contradictory. For example, exchanging BTC for ETH falls under IRC Section 1031 in the US. But if US Dollars are used to facilitate the exchange, the parties now have to report a capital gain or loss.\n\nA little confusing, right?\n\nRight — and we’re not the only ones who think so. Out of the hundreds of thousands of Coinbase users, only 500 actually included their crypto gains on their tax returns. The IRS, being a little confused itself, served Coinbase — one the largest crypto exchanges in the US — with a “John Doe” summons. They want to know more about anyone who had transacted more than $25,000 using crypto currencies, and so they could tax them.\n\nThe best-case scenario is that all ends well. Crypto assets get taxed like real estate, bonds or cash.\n\nThe worst-case scenario is that there’s never a clear way to report crypto for a long time to come. An equally undesirable scenario is that the extra-legal nature of Bitcoin, Ethereum et al will force states to create contradictory or complex laws that make life difficult for banks, as every jurisdiction will have varying restrictions, guidelines, and taxes.\n\nEither way, there’s a fear that paying taxes on crypto will be difficult, confusing or outright impossible in the short run. This is yet another reason banks are loathe to get behind this new asset class.\n\nBut the single biggest reason banks are reluctant to invest in Bitcoin is also the one we saved for last.\n\n## 5. Storage and security\n\nThere are 2 ways to store cryptocurrencies.\n\nThe first is called **hot storage**. In this case, hot doesn’t refer to temperature; it refers to your crypto wallet being connected to the internet. In other words, a hot wallet is defined by your ability to deposit and withdraw money at any moment.\n\nHot storage is vulnerable to all common digital threats — as well as a few specific to crypto. For example, a hacker could steal your personal passcode by intercepting your WiFi data, or getting access to your e-mail account. Alternatively, the exchange where you store your hot wallet could be compromised.\n\nEither way, hot wallets aren’t particularly secure, which is why most long-term investors prefer **cold storage**, i.e. crypto wallets that aren’t connected to the internet. These can be hard disk-based, paper-based or, most recently, in the form of a USB stick like a Trezor or Ledger.\n\nCold storage is a lot more secure than hot storage. It can’t be hacked because it’s offline. However, it can be lost, damaged or physically stolen. Moreover, all cold storage starts out as hot storage before being disconnected from the internet, which means it’s still vulnerable — just for a smaller period of time.\n\nThis is the final reason banks can’t consider Bitcoin, Ethereum and other crypto assets seriously. Telling your clients that there’s no way to guarantee security is liable to get you laughed out of a boardroom meeting, or worse.\n\nNow let’s recap by going over the 5 reasons banks can’t invest in Bitcoin:\n\n0. **No clearly definable property rights**\n\n0. **Extra-legality of crypto**\n\n0. **Exposure to clearing risks**\n\n0. **Unclear tax implications**\n\n0. **Storage with limited security**\n\nPlainly speaking, crypto assets may be highly valuable to banks and their clients — but until they become available as real securities, banks can’t work with them.\n\nThe bad news is that the biggest bid to securitize **the** cryptocurrency in the US — the Winklevoss Bitcoin Fund proposal — was rejected by the SEC.\n\nThe good news is that a Europe-based team (called [CyberTrust](https://www.cybertrust.io/?utm_source=%D0%BCedium&utm_medium=article&utm_campaign=sam&utm_content=five_reasons)) has managed to create BTC, ETH and BCH derivatives called Crypto Global Notes. These are true securities that will eventually be traded on the Irish stock exchange. Because of this, they have clear tax implications, can be cleared risk-free, can be stored safely, and — most importantly — are **100% legal**.\n\nThat leaves the problem of crypto security… Which CyberTrust addresses by storing their crypto tokens in *the safest place in the world*: a Swiss nuclear bunker managed by Xapo.\n\nBut the very best part? The Crypto Global Notes are redeemable, so if at any time you want to get your crypto assets back, you can.\n\nAll of these factors that, as of this moment, CyberTrust’s crypto securities are on their way to becoming the **first crypto-derived security** that banks can invest in without taking on risk or angering clients.\n\nThis means we’re seeing the first real move towards crypto assets banks can (and will) buy. If that sounds like something you’re interested in — whether as a speculative asset or a means to invest in securitized crypto — you’ll want to learn more about [CyberTrust](https://www.cybertrust.io/?utm_source=%D0%BCedium&utm_medium=article&utm_campaign=sam&utm_content=five_reasons) and their product by visiting their website.\n\n## Subscribe to our channels:\nMedium: https://medium.com/cybertrustbank\nTelegram: http://t.me/cybertrustbank \nFacebook: https://www.facebook.com/cybertrustbank \nTwitter: https://twitter.com/cybertrustbank \nReddit: https://www.reddit.com/r/CyberTrust/ \nSteemit: https://steemit.com/@cybertrust\nVkontakte: https://vk.com/cybertrust \nVkontakte: https://vk.com/club157067414\nYouTube: https://www.youtube.com/channel/UCZ-oYCSUzOfPLzV-YEfPD4Q\nBTC Talk: https://bitcointalk.org/index.php?topic=2271223.0\n\nYou can also visit https://www.cybertrust.io to get a copy of the white paper and learn more about CyberTrust.",
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      "permlink": "efirnye-sozdaniya-top-5-perspektivnykh-kriptovalyut",
      "title": "Эфирные создания: топ-5 перспективных криптовалют",
      "body": "[Публикация](http://bankir.ru/publikacii/20171211/efirnye-sozdaniya-top-5-perspektivnykh-kriptovalyut-10009348/)  основателя компании [CyberTrust](https://www.cybertrust.io) Евгения Хаты на сайте [bankir.ru](http://bankir.ru/)\n\nhttp://bankir.ru/website/static/tmp/94594/900_450_crop.jpg",
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      "title": "CyberTrust to Release the First “Collateralized Cat Offering”",
      "body": "https://cdn-images-1.medium.com/max/1600/1*3MUwt89VXg-LLYbzgcrmUA.png\n\nIn light of the events surrounding the explosion of the Ethereum based game CryptoKitties, digital asset securitization company [CyberTrust](https://www.cybertrust.io/?utm_source=facebook&utm_medium=social&utm_campaign=marina&utm_content=text_product_kitties) is preparing a prospectus for the release of its newest securitized product, a Collateralized Cat Offering (CCA).\n\nThe inordinate opportunity presented itself just a few days ago when the game was released. No one could have expected its network crippling power, nor the explosive value of the cats traded within. Now investors will have a chance to secure their investment tier in this forthcoming trade.\n\nA CCA is structured like a Collateralized Debt Offering, which were all the rage in 2008. We all know it was the banks which messed up the beauty of CDO’s back then. If they had been on the blockchain, there would have been RULES. These cats are governed by smart contracts, they are immutable, ergo decentralized!\n\n<iframe width=\"560\" height=\"315\" src=\"https://www.youtube.com/embed/xbiDrzTd8fE\" frameborder=\"0\" gesture=\"media\" allow=\"encrypted-media\" allowfullscreen></iframe>\n\n_It’s all going to turn out ok…_\n\nCyberTrust has already started to acquire a portfolio of CryptoKitties, which it will the bundle into tranches and sell off to cat loving investors around the world. The tranches will go as follows and present the following expected returns:\n\nAbyssian — 9000% a year\n\nBengal — 200% a year\n\nCornish Rex — 50% a year\n\nDonskoy — 25% a year\n\nPersian — 5% a year\n\nCommenting on the situation, CyberTrust Managing Director Evgeny Xata said to reporters \n>“this securitization opportunity just picked itself up out of nowhere. Last week, I didn’t even know about these digital cats. Now we have hundreds of them!” \n\nHe also said that he was excited to sell out of the CCA and that the major buyers have been banks and feline enthusiasts so far.\n\nBy buying up hundreds and then selling tranches, CCA purchasers can choose the amount of returns and risk they would like to take on. The majority of buyers have been in the Donskoy and Persion tranches so far. Paul Roy, from American Trust Bank was quoted as saying \n>“Cats? Yah I’ve got one, but these are on the blockchain! You can’t go wrong here.”\n\nThe first CCA offering will go to public auction at the end of the month and investors will be able to instantly trade their Cats on the Irish stock exchange in second half of next year. For more information and to find out how to purchase a CCA go to [CyberTrust.io](https://www.cybertrust.io/?utm_source=facebook&utm_medium=social&utm_campaign=marina&utm_content=text_product_kitties).\n\nWebsite: [CyberTrust.io](https://www.cybertrust.io/?utm_source=facebook&utm_medium=social&utm_campaign=marina&utm_content=text_product_kitties)\nWhitepaper: https://www.cybertrust.io/CyberTrust-WhitePaper.pdf\nTelegram: https://t.me/cybertrustbank",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://medium.com/cybertrustbank/why-securitization-will-determine-the-future-of-bitcoin-and-crypto-in-general-22bbaae0ddae",
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      "permlink": "why-securitization-will-determine-the-future-of-bitcoin-and-crypto-in-general",
      "title": "Why Securitization Will Determine the Future of Bitcoin and Crypto in General",
      "body": "https://cdn-images-1.medium.com/max/800/1*hdQOtiSbs47Q-raDHQvbtg.png\n\n*How BTC, ETH, BCH and Other Crypto Derivatives Will Change the Industry in 2018*\n\n5 years ago, investors were asking themselves: *“Does Bitcoin have a future?”*\n\nBack then, the coin had enough market capitalization and trading volume to ensure short-term liquidity. But there were also some serious problems. Practical uses were limited; theft was common; the technology was new and unfamiliar to non-techies.\n\nAs a result, few investors took Bitcoin seriously. Even those who bought it rarely saw it as a long-term financial asset. Most users simply spent, traded or lost their over time — and one man even threw away [$12 mln](http://www.dailymail.co.uk/news/article-4543488/Man-throws-Bitcoin-hard-drive-worth-4-8billion.html) worth of Bitcoin (in today’s money) by accident.\n\nThings have changed since then. Bitcoin has matured and grown, reaching $273 bn in [market cap](https://coinmarketcap.com/) this year (as of writing). You can now use it to make digital payments in [Japan](https://www.coindesk.com/japan-bitcoin-law-effect-tomorrow/), [Australia](https://www.ft.com/content/4cd5cc3c-8309-11e7-a4ce-15b2513cb3ff), and — in the near future — [Norway](https://www.cryptocoinsnews.com/banking-bitcoins-age-norway-bank-adopts-direct-bitcoin-integration/).\n\nNobody’s wondering if Bitcoin has a future anymore. Instead, there’s a new round of question marks.\n\nOne is the possibility of a future hard fork. Another is the legality of cryptocurrencies going forward. But perhaps the most important question of 2017 is:\n\n*Will Bitcoin be securitized?*\n\nTo understand the importance of the answer, consider the following. When the Winklevoss Twins bid for a Bitcoin-backed ETF fund got rejected by the SEC, [Bitcoin’s price fell 18%](https://www.forbes.com/sites/laurashin/2017/03/10/sec-rejects-winklevoss-bitcoin-etf-sending-price-tumbling/) in a matter of hours.\n\n**Yes**; in the massive Bitcoin rally that was 2017, a single piece of bad news about securitization dropped the coin’s value by **nearly a fifth**.\n\nThe question is, *why*? Why is securitization so important to investors; what’s the future outlook; are there any Bitcoin-backed securities you can invest in today?\n\nWe’ll start by looking at the **strengths** and **weaknesses** of Bitcoin — and how securitization creates value by resolving some of the latter.\n\n## Bitcoin’s Strengths\n\nBitcoin is a digital asset that’s hard-coded to be finite, untraceable and easily transferable. This makes it a useful situational alternative to money. Below is a straightforward example.\n\nIn the US, you can use PayPal to transfer funds at very little cost. In Europe, you can do the same using SEPA transfers. In Russia, citizens have instant, inexpensive card-to-card transfers. And so on and so forth around the globe.\nBut what if you want to transfer money across borders and/or in large amounts?\n\nWell, using PayPal to send money from Hong Kong to Russia costs 7.5%. In this specific situation, PayPal also auto-converts incoming transfers into Russian rubles for an extra 4.5%. This raises the total commission to a whopping 12%.\n(For comparison, the standard VAT rate in Luxembourg is 17%).\n\nHere’s another example. Say you need to wire $700 to South Africa. A wire bank will cost you $50 and take days to reach its destination. This is cheaper than the Paypal example above — but still expensive.\n\nCompare these scenarios to Bitcoin transfers that cost 1–2% (plus exchange slippage) and minutes to process. The superior option is clear, right?\n\nRight.\n\nThis means that Bitcoin is an efficient, inexpensive payment system. The Winklevoss brothers estimate its value at $400 billion — and over $100 billion is already on the blockchain. This gives the Bitcoin enough trade volume and liquidity to mitigate a lot of the risk that investors fear.\n\nThis is one of Bitcoin’s main strengths. The coin is a digital financial asset, but the protocol itself is (amongst other things) a payment system. The transactions in that system provide a market for the coin, minimizing the risk of Bitcoin suddenly becoming illiquid.\n\nThe problem is that this risk protection is limited. Bitcoin’s value is partly guaranteed by its use as a trade platform, but the coin is still an unregulated, unsecure asset. This limits its attractiveness to investors, which is the key problem facing Bitcoin and all cryptocurrencies today.\n\n## The Problem With Blockchain\n\n>JPMorgan CEO Jamie Dimon famously [said](https://www.ft.com/content/b1ee6c14-2cd0-3ad5-a9db-c8e82d993987):\n>*“…People invent currencies out of thin air… it won’t end well… It’ll eventually blow up; it’s a fraud.”*\n\nMany felt he was being facetious. Bitcoin has since rallied from around $3000 to over $8000. Dimon’s own company — JPMorgan — plans to trade Bitcoin [futures on the Chicago Mercantile Exchange](https://cointelegraph.com/news/jp-morgan-chase-makes-surprising-announcement-may-add-bitcoin-futures).\n\nBut that’s not the point.\n\nThe point is that, in the eyes of a traditional investor, Bitcoin is made “out of thin air.” It’s **magical internet money**. It’s not a regulation-compliant security backed by real, physical assets. This makes it highly risky, because Bitcoin’s nature means it’s:\n\n0. Impossible to recover once stolen\n\n0. Impossible to recover once access is lost (due to lost passcodes, hardware loss, death, etc)\n\n0. Partly or fully illegal in many jurisdictions\n\n0. Traded by young online companies with no proven track records\n\n0. Historically prone to hacks, exploits and heists\n\nThis is why people like Jamie Dimon don’t trust Bitcoin. This is why Wall Street is holding back trillions of dollars in broad money from the blockchain. This is why Bitcoin needs to be securitized to continue its exponential rate of growth.\n\nAnd it’s why the securitization of Bitcoin is the question of **the** hour.\n\nIn the United States, tightly regulated markets and miles of bureaucratic red tape have made securitization a challenge. The SEC will continue to block Bitcoin ETF funds for the near future. The failed Winklevoss bid showed us that.\nBut while the Winklevoss brothers were preparing their bid, another team has come up with a viable way to make cryptocurrency derivatives. This organization — Cybertrust — went another route, using a different mechanism to create **Global Crypto Notes** for Bitcoin and other high-cap cryptocurrencies.\n\n## Cybertrust’s Global Crypto Notes\n\nThe Winklevosses wanted to create a Bitcoin-derived, exchange-traded asset. The SEC rejected the fund because in their eyes, there were no assets inside it; just thin air which could disappear at any time. The brothers were on to a great idea, but they tried to securitize Bitcoin in the wrong way.\n\nThe [Cybertrust](https://www.cybertrust.io/?utm_source=Medium&utm_medium=link&utm_campaign=securitization_Article) team learned from this outcome — and went a different way. Their mechanism is simple: to issue BTC, ETH, BCH and other Global Crypto Notes (GCNs) that derive their value from crypto keys held by a Luxembourg SPV and protected by Xapo in their [Swiss nuclear vault](https://qz.com/1103310/photos-the-secret-swiss-mountain-bunker-where-millionaires-stash-their-bitcoins/).\n\nAs Luxembourg SPVs are created with the specific goal of securitizing assets, this is 100% legal under EU law. Eventually, you will be able to trade the notes on the Irish stock exchange. There are no grey areas or question marks. GCNs aren’t just viable; they’re real and already available for pre-sale.\n\nWhat does this mean for you?\n\nLet’s go back to the cryptocurrency that started it all: Bitcoin. Bitcoin isn’t a true security — but a BTC GCN is. It’s legal; it has auditable ownership; it can be cleared risk-free.\n\nIn other words, the BTC GCN is an asset that’s more than just “magic internet money.” It’s a true security that appeals to institutional investors, banks and other parties that wouldn’t normally touch Bitcoin.\n\nThe implications are obvious. With a Bitcoin-based, exchange-traded derivative, investors will be able to invest trillions of dollars into the blockchain while owning a real security.\n\nAnd this mechanism isn’t limited to just Bitcoin. As of right now, [Cybertrust](https://www.cybertrust.io/?utm_source=Medium&utm_medium=link&utm_campaign=securitization_Article) also offers Ethereum and Bitcoin Cash GCNs. By the end of 2018, they’ll have GCNs for the world’s top 10 high-cap coins and tokens. Through 2019, this number will rise to 20.\n\nOnce these financial instruments are created, a wealth of derivative products such as indexes, 2x, 3x, and 4x instruments, futures, and options becomes easy to produce. This creates even more possibilities for investors, and attract a truly unprecedented amount of broad money — we’re talking trillions — to the blockchain.\n\nThis is what the Winklevoss fund wanted to accomplish — and then some. Most people may not know it yet, but the crypto question of the hour —* can Bitcoins be securitized* — has already been answered.\n\n*To learn more about Cybertrust and Global Crypto Notes, visit their website (and read their whitepaper) at [www.cybertrust.io](https://www.cybertrust.io/?utm_source=Medium&utm_medium=link&utm_campaign=securitization_Article)*.\n\n## Subscribe to our channels:\nMedium: https://medium.com/cybertrustbank\nTelegram: http://t.me/cybertrustbank \nFacebook: https://www.facebook.com/cybertrustbank \nTwitter: https://twitter.com/cybertrustbank \nReddit: https://www.reddit.com/r/CyberTrust/ \nSteemit: https://steemit.com/@cybertrust\nVkontakte: https://vk.com/cybertrust \nVkontakte: https://vk.com/club157067414",
      "json_metadata": "{\"tags\":[\"blockchain\",\"bitcoin\",\"crypto\",\"cryptocurrency\",\"ethereum\"],\"image\":[\"https://cdn-images-1.medium.com/max/800/1*hdQOtiSbs47Q-raDHQvbtg.png\"],\"links\":[\"http://www.dailymail.co.uk/news/article-4543488/Man-throws-Bitcoin-hard-drive-worth-4-8billion.html\",\"https://coinmarketcap.com/\",\"https://www.coindesk.com/japan-bitcoin-law-effect-tomorrow/\",\"https://www.ft.com/content/4cd5cc3c-8309-11e7-a4ce-15b2513cb3ff\",\"https://www.cryptocoinsnews.com/banking-bitcoins-age-norway-bank-adopts-direct-bitcoin-integration/\",\"https://www.forbes.com/sites/laurashin/2017/03/10/sec-rejects-winklevoss-bitcoin-etf-sending-price-tumbling/\",\"https://www.ft.com/content/b1ee6c14-2cd0-3ad5-a9db-c8e82d993987\",\"https://cointelegraph.com/news/jp-morgan-chase-makes-surprising-announcement-may-add-bitcoin-futures\",\"https://www.cybertrust.io/?utm_source=Medium&utm_medium=link&utm_campaign=securitization_Article\",\"https://qz.com/1103310/photos-the-secret-swiss-mountain-bunker-where-millionaires-stash-their-bitcoins/\",\"https://medium.com/cybertrustbank\",\"http://t.me/cybertrustbank\",\"https://www.facebook.com/cybertrustbank\",\"https://twitter.com/cybertrustbank\",\"https://www.reddit.com/r/CyberTrust/\",\"https://steemit.com/@cybertrust\",\"https://vk.com/cybertrust\",\"https://vk.com/club157067414\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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      "permlink": "the-one-problem-stopping-bitcoin-from-reaching-usd25-000-next-year",
      "title": "The One Problem Stopping Bitcoin from Reaching $25,000+ Next Year",
      "body": "https://cdn-images-1.medium.com/max/800/1*jWx1PdC1BLPfAkZQyH88MA.png\n\nAt the start of 2017, the market capitalization of *all* crypto assets was well below $18 bn.\n\nSince then, investors have poured over $200 bn into Bitcoin, Ethereum and various altcoins — and the price of one BTC has gone from under $1,000 to over $8,000.\n\nThat’s a dramatic change, and this could be the beginning of something truly enormous. Harvard academic and Bitcoin investor Dennis Porto, believes that Moore’s Law and human speculation will push the price to $100,000+ before the end of 2021. Many agree.\n\nThere’s just one problem — and this problem is stopping investors of all walks from on-chaining *trillions* of dollars and sending the price of a single BTC through the roof.\n\nIn this article, we’ll explain ***what*** this problem is, ***how*** we can overcome it in the future and ***why*** you should care.\n\nBut first, let’s go over what happened to Bitcoin this year — and, more importantly, *why* it happened.\n\n## Bitcoin in 2017: The Facts\n\nOn January 1st 2017, a single Bitcoin was worth less than $1,000. Then, investors poured tens of billions of dollars into the asset — and its price surged to $3,000+ by August. But the rise didn’t stop there.\n\nIn Q3 and Q4 2017, even more investors joined the Bitcoin rush, driving price to $8,000+ (as of this writing).\nThe question is, ***why***?\n\nWhy are people investing so much money in this new digital asset — and why is everyone so sure it won’t lose its value overnight?\n\nTurns out, the reasons are way more straightforward than you might think.\n\n## Why the World Needs Bitcoin\n\nThe total amount of money in the world — including cash, derivatives, and debt — is estimated at [a quadrillion USD](https://www.marketwatch.com/story/this-is-how-much-money-exists-in-the-entire-world-in-one-chart-2015-12-18) ($1,000 trillion). Of that number, $81 trillion is **broad money**: debit cards, coins, banknotes, saving accounts, time deposits and other liquid assets.\n\nNow guess how much of this **broad money** is backed by cash.\n\nNot $81 trillion. Not $60 trillion. Not even $25 or $10 trillion.\n\nThe world’s entire cash supply is valued at $5 trillion. If you add checking accounts, that goes up to $29 trillion… Which is a whopping 64% less than the world’s **broad money** and 97% less than the world’s **total money**.\n\nThis means that most of our money isn’t backed by real cash. If something happens to your bank, or your government, or the world’s financial system, you stand to lose most (or all) of our broad money (because it only exists digitally).\n\nYou might think this doesn’t concern you. You might think this is something that only happens in remote, anarchic African dictatorships. But this is what very nearly happened in 2008, when some of the world’s most trusted banks and financial institutions — the Royal Bank of Scotland, Merrill Lynch, Fannie Mae, etc — were close to bankruptcy and had to be rescued. If it weren’t for those bailouts, tens of millions of people and businesses would have lost their broad money.\n\nSince then, the market as a whole has been painfully conscious of how flimsy the financial system is. That’s why there’s a growing demand for ways to store value without holding money at all.\n\nThe classic way to do this is **gold**: an important depository of value that has a market cap of $7.8 trillion, i.e. 50%+ more than that of **all the world’s cash**.\n\nUnfortunately, there are several problems endemic to gold. It’s a physical asset; it’s bulky in large amounts; it can be stolen, misplaced or permanently lost. But most importantly, gold is simply inconvenient to buy, store, process and sell —  especially in a digital age where everything happens so quickly.\n\nAnd this is where Bitcoin comes in. Like Gold, Bitcoin is an asset with a finite supply; an established market cap; an active trade market. This is why investors call it *Digital Gold*. Its code gives investors a real way to store value **without** relying on banks, governments, or bulky physical assets like gold and silver.\n\nIn short, Bitcoin is like gold… If gold could be stored on your computer, used to make payments, and transported across continents instantly.\n\nThis is why investors have poured over $100 billion in capital to Bitcoin. In a volatile, fast-moving world, it’s the first real digital gold backed by an immutable code that prevents cheating, hacking or fraud.\n\nAll of which brings us to our **next** important question.\n\nIf Bitcoin is digital gold, why is its market capitalization so small? What’s stopping investors and private individuals from pouring trillions more dollars into a much-needed asset?\n\n## The Single Biggest Problem with Bitcoin\n\nLet’s quickly recap what we already know about Bitcoin. It’s built on an unhackable, uncheatable algorithm; its supply is finite and known; it’s already backed by over $100 billion in real money. All of this makes it a modern, digital gold in the sense that it’s a highly stable depository of value.\n\nThere’s just one **very big problem**. To illustrate it, we’ll talk about 2 events in 2017 when Bitcoin *didn’t* gain value, but rather lost a lot of it **instantly**.\n\nIn September 2017, JPMorgan’s CEO Jamie Dimon referred to Bitcoin as a “fraud” asset. It would later emerge that JP Morgan appeared to be buying up Bitcoins while this was happening — but the point is, Jamie Dimon said what he said.\nThe market reacted with a [22% price drop in Bitcoin’s value](http://fortune.com/2017/09/13/bitcoin-jamie-dimon-fraud-price/).\n\nYes; eventually, Bitcoin would recoup this loss and more than double in price through November… But that’s not what matters here. What matters is, a renowned authority cast doubt on Bitcoin’s legitimacy as a financial asset, and the market recoiled.\n\nNow let’s go further back to March 2017; another month in which Bitcoin’s price fell by an even more dramatic 27.4%, from $1,350 to $980 in just a few hours.\n\nCan you guess what happened then?\n\nThat’s right. Another event that cast doubt on Bitcoin’s future as an asset or security. This time, the Securities Exchange Commission denied the Winklevoss Brothers’ well-publicized bid to create a Bitcoin ETF fund. Specifically, they rejected Bitcoin as an asset that could be securitized because of its lack of international regulation.\n\nThis was the first large-scale attempt to securitize Bitcoin — and when it failed, investors released their positions in droves. The coin’s price fell by 27%+ immediately.\n\n## Do you see a pattern here?\n\nAt first glance, these two events have little in common. In one, a thought leader denounced the Bitcoin as having no future in “big finance”. In the other, the SEC rejected Bitcoin as an asset that can be securitized.\n\nBut they *do* have something in common. In both cases, questions about Bitcoin’s future as a “serious” financial asset led to drastic loss of market cap. And this is the biggest (and most important) reason Bitcoin isn’t cumulatively valued in the trillions of dollars yet.\n\nAfter all, Bitcoin is a new asset. It’s still mysterious to many investors. But most importantly, it’s a digital asset that resists regulation, which means it’s vulnerable to fraud, theft and attacks by hackers.\n\nAnd we’re not talking about individual cases of theft here.\n\n+ In 2016, Last year, Hong Kong firm Bitfinex lost $69,000,000 in Bitcoin.\n\n+ In 2017, the world’s 4th-largest exchange — South Korea’s Bithumb — lost tens of millions\n\n+ In 2014, Mt. Gox — the company that processed 70% of the world’s bitcoin transactions circa 2014 — lost 850,000 BTC, worth $6.8 bn in today’s prices.\n\nThese are just several of dozens of large-scale hacks that affected tens of thousands of users in the last few years. Attacks like these can turn millions and billions of dollars into nothing in a heartbeat — and once that happens, there’s very little you can do.\n\nThis is why San-Francisco-based Bitcoin exchange CoinBase stores 97% of their coin reserves in hardware and paper wallets. When Bitcoin and other coins are taken off-chain and stored securely, the potential for abuse is near-zero. So long as CoinBase stores their Bitcoin using physical carriers locked in secure vaults, they’re safe.\n\nIt’s also why the world was so excited about the Winklevoss brothers’ fund bid. If Bitcoin was securitized and traded as an ETF, you could trade and invest in it without actually holding it and leaving yourself liable to theft. This would de-risk Bitcoin in the eyes of potential investors and fund managers — and pave the way for **trillions** more dollars in market capitalization.\n\nThe bad news is, the Winklevoss twins’ project didn’t succeed. The SEC felt the counterparty risks were too high.\n\n## The Good News?\n\nThe Winklevosses’ failure doesn’t spell the end of Bitcoin as a regulation-compliant, securitized asset.\n\nIn fact, one company — [CyberTrust](https://www.cybertrust.io/?utm_source=facebook&utm_medium=referral&utm_campaign=sam_first_reason) — has found a different way to securitize the cryptocurrency. It did this by creating internationally valid Bitcoin ownership contracts that derive value from physical crypto keys stored in a Luxembourg SPV.\n\nThese contracts are called Bitcoin Global Crypto Notes (BTC GCNs), and they have all the same key features that a stock does: title ownership, risk-free clearing, tax clarity and 100% legal compliance.\n\n\nIn other words, GCNs are the first way to invest in (and trade) BTCs without storing them in a hot wallet, on a USB stick or on a piece of paper.\n\nIs [CyberTrust](https://www.cybertrust.io/?utm_source=facebook&utm_medium=referral&utm_campaign=sam_first_reason) going to single-handedly bring trillions of dollars in market cap to Bitcoin? Maybe not — at least not immediately. But it’s certainly a step in the right direction.\n\nAnd if you’ve ever wanted to gift someone cryptocurrency without worrying about its security…\n\nIf you’re worried about potentially losing all your crypto assets to a hack…\n\nOr if you’re just looking for a Bitcoin-derived security that draws its value from physically secure BTC…\n\nThen you’ll want to read more about [CyberTrust](https://www.cybertrust.io/?utm_source=facebook&utm_medium=referral&utm_campaign=sam_first_reason) and the Bitcoin Global Crypto Notes they issue in their white paper today.\n\nCybertrust Telegram: https://t.me/cybertrustbank",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://medium.com/cybertrustbank/executive-summary-38bad13d328a",
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      "body": "We have a solution to bring institutional investor capital to crypto markets via crypto asset securitisation. We offer a legitimate and simple way to acquire and manage such digital assets within the existing economic and financial framework.\n\nOur product will open new doors for investment and is the missing link in the evolution of the crypto economy since we are removing the current barriers between old investment markets and the crypto market. Using securitisation, crypto assets become derivative financial products: Global Crypto Notes, which are legitimate and transparent from a tax and legal perspective. These crypto asset-backed derivatives can be placed on the books of an organisation, can be audited, are inheritable and offer clarity on tax impact, in addition to reducing counterparty risk for clearing and settlement of crypto assets.\n\nBanks do not have the necessary IT infrastructure to manage private key security for Bitcoin. By converting cryptocurrencies into derivative financial products, existing constraints can be bypassed to foster instant adoption of cryptocurrencies. This will effectively lead to an influx of large pools of institutional fiat capital, which is currently prohibited from financing the blockchain revolution.\n\nOur system will serve as an urgently needed bridge between the old and new financial systems. Crypto asset-backed derivatives also provide extra benefits and properties including: titled ownership, ability to audit by Big Four, clarity on tax impact, cybersecurity and regulatory compliance. All these features allow crypto derivatives to trade at a significant premium to the underlying crypto, and — based on comparable benchmarks — premiums can reach up to 100%. If we take the closest financial product to what we are offering (Grayscale’s Bitcoin Investment Trust) as a benchmark, shares in their fund as of early October were traded at a 85–95% premium to the price of Bitcoin.\n\nBy informing the wider community about the large arbitrage (price difference between raw and legitimised crypto) that exists on markets currently and providing anyone that wishes a way to exploit this arbitrage, we are looking to expand the crypto economy worldwide offering anyone that wishes a chance to make the most of this opportunity. This is why we are offering a pre-sale of our securitisation service priced at ~2.4% of the underlying crypto value via the initial offering of CABS tokens.\n\nThe fact that cryptocurrencies cannot be securitised without CABS means that CABS hold their own value. Their limited supply will ensure high demand. Accordingly, the supply will lessen when CABS are used to convert crypto assets into asset-backed derivatives and are subsequently burnt.\n\nWe see great benefits to using a token generating event to raise capital, not only for ourselves as members of a developing community of crypto enthusiasts, but also in helping to grow the crypto economy by facilitating major capital inflow. As such, we are looking to expand the crypto economy and help it become the mega market that it has the potential to be.\n\n>[Adam Y.](https://medium.com/@cybertrustbank?source=post_header_lockup) Crypto and blockchain enthusiast, writer and market analyst says:\n>I work in content for an exciting and promising fintech blockchain startup: CyberTrust. \n>**Come and see how we’re going to shake the market up**:\n\nMedium: https://medium.com/cybertrustbank\nTelegram: http://t.me/cybertrustbank \nFacebook: https://www.facebook.com/cybertrustbank \nTwitter: https://twitter.com/cybertrustbank \nReddit: https://www.reddit.com/r/CyberTrust/ \nSteemit: https://steemit.com/@cybertrust\nVkontakte: https://vk.com/cybertrust \nVkontakte: https://vk.com/club157067414\n\nYou can also visit https://www.cybertrust.io to get a copy of the white paper and learn more about CyberTrust.",
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      "title": "CABS token value proposition",
      "body": "Новое видео от CABS token value proposition \nhttps://youtu.be/ZS91HzP_1vI\n\n\n\n\nCABS token sale: https://cybertrust.io/?utm_source=dp&... \nWhite Paper: https://www.cybertrust.io/CyberTrust-... \n\n## Subscribe to our channels:\nMedium: https://medium.com/cybertrustbank\nTelegram: http://t.me/cybertrustbank \nFacebook: https://www.facebook.com/cybertrustbank \nTwitter: https://twitter.com/cybertrustbank \nReddit: https://www.reddit.com/r/CyberTrust/ \nSteemit: https://steemit.com/@cybertrust\nVkontakte: https://vk.com/cybertrust \nVkontakte: https://vk.com/club157067414\n\nYou can also visit https://www.cybertrust.io to get a copy of the white paper and learn more about CyberTrust.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.reddit.com/r/CryptoCurrency/comments/7f5mmx/cybertrust_closed_round_oversubscribed_11_million/",
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      "author": "cybertrust",
      "permlink": "cybertrust-closed-round-oversubscribed-11-million-usd-in-commitments-to-fund-crypto-securitisation-project",
      "title": "CyberTrust Closed Round Oversubscribed: 11 million USD in Commitments to Fund Crypto Securitisation Project",
      "body": "https://cdn-images-1.medium.com/max/1000/1*c6053ZCtQjk0ll3lN6DPKg.png\n\nCyberTrust is delighted to announce that we have received firm offers amounting to over **11 million USD** of interest to get CABS Tokens via closed round. *Note: the minimum participation amount in the closed round was 75,000 EUR.*\n\nDue to the legal complexity of deals during the closed round, we are still working on incoming requests, and have taken the decision to shift the pre-ICO (“Initial CABS Offering”) date by 2 weeks, as well as allocating additional CABS from the token generation event to the closed round.\n\nWe are very excited with how our project is currently developing, and are looking forward to serving all interested ICO participants in the most professional manner possible. We take legal and tax consequences very seriously and so will serve ICO participants via the CyberTrust Swiss-based Foundation, CHE-338.440.449, Gubelstrasse 11, 6300 Zug.\n\n**The pre-ICO start date is now set for 29 November 2017 at 13:00 UTC, whilst the ICO start date is set for 5 December at 13:00 UTC.**\n\nAs you are aware, fundraising is a lot of work and we would like to inform you about how we are also fully focused on our core business of building the securitisation platform. In Q1 of 2018 we will be announcing a very significant partnership with one of the largest financial service institutions from North America regarding the launch of our first Bitcoin ETF fund, which will be based on BTC Global Notes. The launch of our first ETF fund will be a significant step forward, and should provide significant demand for BTC Global Notes and for CABS Tokens.\n\nThanks for supporting CyberTrust’s project and helping us in institutionalising crypto markets.\n\n## Subscribe to our channels:\nMedium: https://medium.com/cybertrustbank\nTelegram: http://t.me/cybertrustbank \nFacebook: https://www.facebook.com/cybertrustbank \nTwitter: https://twitter.com/cybertrustbank \nReddit: https://www.reddit.com/r/CyberTrust/ \nSteemit: https://steemit.com/@cybertrust\nVkontakte: https://vk.com/cybertrust \nVkontakte: https://vk.com/club157067414\n\nYou can also visit https://www.cybertrust.io to get a copy of the white paper and learn more about CyberTrust.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://medium.com/cybertrustbank/cybertrusts-ceo-returns-from-the-americas-507e22b1def5",
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      "title": "CyberTrust’s Managing Director returns from the US",
      "body": "https://cdn-images-1.medium.com/max/1000/1*L8hDpeQzF8K6RHlsR-ENbg.png\n\nCyberTrust has just arrived back from a productive trip to the US and Mexico where the company took part in Washington DC’s Fintech Workshop and attended Ethereum’s Devcon3 in Cancun.\n\nCyberTrust’s Managing Director and Co-founder, Evgeny Xata, got the chance to speak to industry professionals on the forefront of advancing distributed ledger technologies and got some great feedback about what CyberTrust is aiming to achieve.\n\nIn Cancun Evgeny managed to gain insights from some of the leading thinkers in blockchain and speak to Bitfury Capital’s Marat Kichkov and WINGS’ Stas Oskin.\n\nThere was a notable increase in attendees in comparison with last year’s Ethereum Devcon3 in Shanghai last year. Indeed, the technology and the community is building and gaining traction with many more people becoming interested in distributed technology and how it can be implemented to revolutionise everyday processes.\n\nWhilst in Washington, Evgeny presented his vision of economics of evolution: how various technologies (textiles, railroad, electricity, oil and automobiles, microchips and now blockchain) bring us into different economic paradigms, with Evgeny demonstrating an outlook on how the current evolution will impact the financial world and its current cycle. The US capital gave CyberTrust’s Managing Director the chance to speak with chief officers of fintech companies, such as LMG’s Vincent Molinari and Emerging Star Capital’s Robert Levin, amongst many others.\n\nhttps://cdn-images-1.medium.com/max/800/1*aR8uQaz3NpfMY4gJOzpKHA.jpeg\n*CyberTrust’s Managing Director and Co-founder, Evgeny Xata, giving a presentation on the Blockchain Revolution*\n\nWe are now building up to our CABS token pre-sale which is scheduled to begin on 14 November, with the main token sale beginning on 27 November. Our closed round is still ongoing and we have so far managed to raise 23,575.87 ETH at the moment of writing, with a soft cap of 25,000 ETH.\n\nIf you would like to get involved and receive updates, apply to participate via the form on our website. Simply click the “Participate Now” button and enter your contact details. Minimum purchase amounts apply and bonuses are available.\n\n*CyberTrust acts as a traditional custodian bank for crypto assets. Their approach is based on proven technologies and methods used by large financial institutions for decades. It is a financial services company providing a traditional investment vehicle — Global Crypto Notes  — which is titled and auditable. Institutional investors can use these to buy, sell and short cryptocurrencies, as well as create derivative products. CyberTrust provides sales & trading, research and asset management services for institutional investors.*\n## Subscribe to our channels:\nMedium: https://medium.com/cybertrustbank\nTelegram: http://t.me/cybertrustbank \nFacebook: https://www.facebook.com/cybertrustbank \nTwitter: https://twitter.com/cybertrustbank \nReddit: https://www.reddit.com/r/CyberTrust/ \nSteemit: https://steemit.com/@cybertrust\nVkontakte: https://vk.com/cybertrust \nVkontakte: https://vk.com/club157067414\n\nYou can also visit https://www.cybertrust.io to get a copy of the white paper and learn more about CyberTrust.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://medium.com/cybertrustbank/cybertrust-closed-round-collects-over-5-million-eur-in-3-days-d6e463d62e3b?source=rss----5bf6c188b35c---4",
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      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "cybertrust",
      "permlink": "cybertrust-closed-round-collects-over-5-million-eur-in-3-days",
      "title": "CyberTrust Closed Round Collects over 5 Million EUR in 3 Days",
      "body": "https://cdn-images-1.medium.com/max/800/1*nNlTRCQ89pDEkBVzpEiA0g.png\n\n**In less than three days** CyberTrust has managed to raise over **5 million euros** (almost 6 million CHF) during a closed round of its token sale. This amounts to 39,369.64 CABS tokens sold out of a total of 50,000 made available for the round, not including bonuses.\n\nOne CABS token allows the holder to securitise one bitcoin or the equivalent amount of two other major cryptocurrencies.\n\nThis puts the company on a good footing to achieve its target of 35 million Swiss francs by the end of the upcoming pre-sale and subsequent token sale.\n\nBesides benefitting from higher volume bonuses, closed round participants also can take advantage of a base price of only 0.5 ETH per CABS token, which at current prices represents a cost of only **2.1%** to securitise one bitcoin, a number which compares very favourably to the 40% premium currently required to buy securitised bitcoins in the market.\n\nThe base price for the pre-ICO and ICO is 0.6 ETH per CABS token.\n\nThis provides large investors an ideal opportunity to gain access to the CyberTrust securitisation platform at the best conditions: after calculating the available bonuses, investors can bring their** securitisation premium** down to less than **1.5%** for those buying 5,000 CABS or more.\n\nThis translates into a **large arbitrage opportunity** for those willing to make larger purchases of tokens and get involved early.\n\nCyberTrust is aiming to push the blockchain revolution onwards and upwards by creating derivative financial products that fit within the traditional regulatory framework. This will allow institutional capital to flow into crypto markets and lead to an increase in the market capitalisation of major cryptocurrencies.\n\nDon’t miss out. Visit our website to see how you can become a part of financing the blockchain revolution with Cybertrust.\n## Subscribe to our channels:\nMedium: https://medium.com/cybertrustbank\nTelegram: http://t.me/cybertrustbank \nFacebook: https://www.facebook.com/cybertrustbank \nTwitter: https://twitter.com/cybertrustbank \nReddit: https://www.reddit.com/r/CyberTrust/ \nSteemit: https://steemit.com/@cybertrust\nVkontakte: https://vk.com/cybertrust \nVkontakte: https://vk.com/club157067414\n\nYou can also visit https://www.cybertrust.io to get a copy of the white paper and learn more about CyberTrust.",
      "json_metadata": "{\"tags\":[\"blockchain\",\"bitcoin\",\"ethereum\",\"cryptocurrency\",\"ico\"],\"image\":[\"https://cdn-images-1.medium.com/max/800/1*nNlTRCQ89pDEkBVzpEiA0g.png\"],\"links\":[\"https://medium.com/cybertrustbank\",\"http://t.me/cybertrustbank\",\"https://www.facebook.com/cybertrustbank\",\"https://twitter.com/cybertrustbank\",\"https://www.reddit.com/r/CyberTrust/\",\"https://steemit.com/@cybertrust\",\"https://vk.com/cybertrust\",\"https://vk.com/club157067414\",\"https://www.cybertrust.io\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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      "author": "cybertrust",
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      "parent_author": "cybertrust",
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      "author": "cheetah",
      "permlink": "cheetah-re-cybertrustlondon-blockchain-summit-roundup",
      "title": "",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://cryptonewsgroup.com/london-blockchain-summit-roundup/",
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