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      "body": "Digital Paradise: Bahamas to Bring Digital Currencies into Practice\n**************************************************\nThe Central Bank of Bahamas has revealed plans of introducing a pilot digital currency for the nation. During the Bahamas Cryptocurrency and Blockchain Conference, Peter K Turnquest, Deputy Prime Minister and Minister of Finance made it clear earlier this week that the production of a modern, fully digital payment is a way to go especially in this current tenure of governance, according to Jamaica Observer news outlet.\nThe conference ended on Friday and attracted very many important local and international participants acquiring useful knowledge and information surrounding cryptocurrency and blockchain from expert professionals who are already in the field.\n\nBusiness initiatives and Transportation system to improve\n****************\nA digital Bahamian currency is more useful for very many Family Islands since they have observed a lot of commercial banks downsize and leave their communities without banking services. Since the transportation system for Bahamas is expensive and inconveniencing many users such as elderly, financial services must be offered in digital form and make sure that they are secure.\nThe minister also said that digitisation of financial institutions and the government eases the way how business initiatives are done plus digital Bahamas framework at large. A new online interface for all startup companies that are registering their ventures for the first time in the country will be the first step to be taken.\nThe minister believes that very soon the government will bring into practice a pilot programme using blockchain certifications for all graduates at the National Training Agency.\nBlockchain technology to fight corruption\nThe government is planning to come up with different ways in which certificates like passports, business licences, national insurance can integrate blockchain technology into use to help people in storing their important data and share it in a manner that is more secure and verifiable.\nAfter coming into power in 2017, the minister wanted Bahamas to use blockchain technology in order to be more efficient and fight corruption disease in the country.\nIf the blockchain technology and single points of contact are used, very many human elements which facilitate corruption will be highly eliminated and the cost of carrying out business will sharply reduce in the country.\nIrrespective of the huge challenges that exist with establishing and developing a technology sector, the country standing firm to turn into the jurisdiction of choice for all technology platforms, most especially fintech solution providers and blockchain technology companies.",
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      "body": "Congratulations @joe92luis! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/voted.png)](http://steemitboard.com/@joe92luis) Award for the number of upvotes received\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/posts.png)](http://steemitboard.com/@joe92luis) Award for the number of posts published\n\n<sub>_Click on the badge to view your Board of Honor._</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\nTo support your work, I also upvoted your post!\n\n\n**Do not miss the last post from @steemitboard:**\n[SteemitBoard World Cup Contest - Quarter Finals - Day 1](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-quarter-finals-day-1)\n\n---\n**Participate in the [SteemitBoard World Cup Contest](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-collect-badges-and-win-free-sbd)!**\nCollect World Cup badges and win free SBD\nSupport the Gold Sponsors of the contest: [@good-karma](https://v2.steemconnect.com/sign/account-witness-vote?witness=good-karma&approve=1) and [@lukestokes](https://v2.steemconnect.com/sign/account-witness-vote?witness=lukestokes.mhth&approve=1)\n\n---\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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      "body": "Social Media Study: Infrequent Users Influence Bitcoin Price Higher than Highly Active Users\n\nFeng Mai, an experienced researcher at Stevens Institute of Technology based in New Jersey, conducted an investigative study on how \"Social Media\" influences bitcoin price. The social media users regarded the silent majority as more credible due to the ken that they didn't have any hidden agenda.\n\n![indexsocial.jpg](https://cdn.steemitimages.com/DQmddT7oYHdxJPGLRnFkViynvh6gF4rgPLf3L9dVpjAFnwi/indexsocial.jpg)\n\nMai indicated that tweets and comments of social media platform active users were discovered to have an insignificant effect on the price of bitcoin, and the infrequent users were discovered to possess a huge impact on the bitcoin price with majority having almost 10 times more impact after posting positive comments.\n\n\"Interestingly, social media's effects on bitcoin are driven primarily by the silent majority, the 95% of users who are less active and whose contributions amount to less than 40% of total messages,\" reads a portion of the research paper's abstract.\n\n![indexkkk.jpg](https://cdn.steemitimages.com/DQmNkDPWVw3ttmgK9zwqbLD4ions4vc2tJgw3io6g9Zp4KC/indexkkk.jpg)\n\nThe inactive majority speak louder\n\nMai in collaboration with a team from University of Cincinnati, Ivey Business school and Dickinson College analyzed 3.4 million tweets and 344,000 Bitcointalk forum posts that took a period 2 years not forgetting that the tweets were gathered in a period of just two months.\n\n\"To leverage the effects of social media influence on bitcoin markets, investors should actively follow the most influential people in a social network to collect market information much more efficiently. However, the power of the silent majority should not be ignored, as we show that their sentiments can be the more important metric in predicting the movement of future prices,\" a research paper concluded.\n\nThe impact of tweets was normally seen within sixty minutes while forum posts could take almost a day to note a reaction in the crypto market. This was because investors could reply tweets at an intraday level, and the forum posts, the discussions were much deeper since market reactions were highly notable at the daily level.\n\nWhat can surely push bitcoin high forever\n\nFrom June 25, the cryptocurrency market has stabilized relatively at almost $250 billion region, fighting to initiate an upward and downward movement. Bitcoin volume stays low at $3.2 billion which will make the market in the short term not to sustain its current valuation.\n\nVery many major investors and analysts revealed this week that new money and other form of capital should be introduced into crypto market for giant cryptocurrencies such as Bitcoin, Ethereum, plus other digital assets to rise a significantly great in both volume and price.\n\nJohn Hyland, head of exchange-traded products, Bitwise Asset Management global, noted that the U.S. Securities and Exchange Commission (SEC) could very soon ratify a bitcoin exchange-traded funds (ETF).\n\nHyland pointed out 4 great reasons as to why the crypto market is nearer to a bitcoin ETF, saying that the determining factor will be the appearance of more trusted custodian solutions.",
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      "body": "Sports in Crypto Space: NBA Team has Started Mining Ethereum\n\n\n*************************************\nSacramento Kings, an American basketball team reportedly begun the mining of Ether 3 weeks back with the help of Nvidia mining rigs.\n\n![indexnba.jpg](https://cdn.steemitimages.com/DQmPpk819ASoGG7NZ5skDMszXRJcedB8tmDAoYJkUDJ5X3f/indexnba.jpg)\n\nVivek Ranadive, the proprietor of the NBA team, a founder of Tibco, and a computer software entrepreneur, is very impressed with his team after being praised by the magazine Fast Company's yearly ranking of the global's most innovative companies in sports.\n\nIn 2014, Sacramento Kings became the first NBA team ever to allow bitcoin as one of the payment methods at its goods store and when purchasing its season tickets.\n\nVivek said that his team was number one fan of Ethereum, and needed to do something different in order to give back to the local community. Some portion of the profit collected from the mining would directly go to a local group which supports the large group of black communities as part of a charity program.\n\nUsing solar energy cryptomining\n\n***********\nInstallation of solar panels on the top of the roof at Golden 1 Center, an indoor arena that is a home to the Sacramento Kings was one of the aims to own the most modern technologically entertainment center in the whole country. The solar system generates up to 1.2 megawatts.\n\n![indexetherium.jpg](https://cdn.steemitimages.com/DQmTGYnVykxrAYG4tN7sygKCG37qQtFg45PijRjBmFxsLzq/indexetherium.jpg)\n\nThe tech-savvy NBA team's business officials noted that the bitcoin mining operation currently has no major direct association with the basketball though they are optimistic that when basketball players come to the Kings, they can be introduced to tech companies that have new technologies.\n\nA Japanese crypto exchange, GMO Coin, introduced sports in the country to cryptocurrency by sponsoring and supporting a local baseball team known as Chiba Lotte Marines earlier this week.\n\nToshihiro Sorimachi, a spokesperson of the Japanese baseball team believes that cryptocurrency will be more acquainted to their fans. However, there is no player in the team that is currently possessing cryptocurrencies, but fortunately enough, the majority are interested in the virtual currency technology.",
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      "body": "BuyUcoin Study: Indian Females Double Males in Investing Cryptocurrency\n\n******************************************\nIt looks like women in India are more financially positive than men when it comes to cryptocurrency world, according to the survey done by BuyUcoin, the giant Indian crypto exchange.\n\n![index.jpg](https://cdn.steemitimages.com/DQmXhGF1icPfrPZnfYLvNJSG9JnCAsPCWUs2fenQmdda5J4/index.jpg)\n\nBuyUcoin indicated that the information that was published in a tweet on June 28th, shows that on average, women invest more than men in cryptocurrency from India.\n\nClean money for women\n\n***********\nThe information from the study revealed that females invest almost twice as much male in their cryptocurrency portfolio.\n\nIndian females spend near to over Rs.140,000, (sic) while males spend just Rs.70,000. These given figures were arrived to after carrying out a thorough study in Tier 1 and Tier 2 cities all over India and it looked at almost 60,000 potential crypto investors countrywide.\n\n![index2.jpg](https://cdn.steemitimages.com/DQmYJk5sh5nFgCjW3FLwFmsdnbkyDpepTGyhXAyLkSTyykR/index2.jpg)\n\nThe study further shows that the majority of crypto investors within India are males. The study statistics indicates that less than 10 percent of all crypto traders are females while a population of almost 90 percent are males.\n\nThe elites' urbanised game\n\n***********\nUrban centers possess the largest amount of crypto traders, which is not a surprise of course, with Delhi NCR leading the market at 22.09%, followed by Mumbai with 14.42%, Bengaluru at 13.91 and the rest follows. Nevertheless, the cnumber of crypyocurrency investors is excessively low compared to those that don't directly manage crypto on their portfolios.\n\nDespite Indian's effort to fight the use of crypyocurrencies, the crypto market in the country has steadily booming and this has made India to become one of the Asian's main cryptocurrency market.\n\nThe study went ahead to show that females who invest in cryptocurrencies are by average 10 years older than males, this turned out to be a big suprise to many people.\n\nShivam Thakral, CEO and co-founder, BuyUcoin said that they wanted to carryout a full study to determine new policies and better strategies that will push the cryptocurrency industry forward.\n\nWhen carrying out the study, some interesting facts were acquired for example; the service sector taking much interest in dealing in cryptocurrencies, and women showing a huge potential in leading the crypto industry more further.",
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      "body": "An Eminent U.S. Politician, Ron Paul, Suggests Gold and Crypto to Replace Dollar\n\n*****************************************\nRon Paul, former US presidential candidate, is considering with continued attention the potential hope that a combination of cryptocurrencies and gold could ultimately substitute the U.S. dollar sooner or later. The increasing economic war and world financial disorder are driving the world economy onto a deadly course of development, which has resulted into calling for possible reforms for the monetary system.\n\nGlobal economic crisis is here\n\n![Ron-Paul-760x400.jpg](https://cdn.steemitimages.com/DQmV5SDfiJeb63uDQowvMaEBh1iRqmzJsrkzNKeXKWKBiXK/Ron-Paul-760x400.jpg)\n***********\nPaul contested for the U.S. president in 1988, came as a flag bearer of Libertarian party. He also served in the U.S. Congress for some good terms from 1976 to 2013.\n\nHe was an eminent member of the House Banking Committee especially when he was still serving in Congress. He very much censured the Federal Reserve Bank of being the cause of inflation and also upbraided the banking incompetence for the savings and loan crisis that happened in 1980s and 1990s.\n\nHe has currently warned that a global monetary crisis is inevitable and that we are already in a deadly economic situation. He said:\n\n\"This is why the call for monetary reform is getting louder. These dangers prompt a growing number of people to plan for an alternative monetary system. This is good news.\"\n\nPaul greatly admits that the plan to substitute fiat currencies is already in the process. He said:\n\n\"There are several major efforts being made to replace the fiat dollar with gold or cryptocurrencies, while other countries are making plans to challenge the dollars as the world's reserve currency.\"\n\nPaul has continuously been advising people to willingly invest in bitcoin-based retirement accounts like CoinIRAS. Rand Paul, a Senator and a son to Paul, also accepted contributions from his supporters during presidential campaigns when he was running for the US presidency.\n\nIs the competition on dollar illegal or legal\n\n*************\nPaul properly highlighted out the great defects that are highly affecting the current economic model such as government corruption and poor foreign policy. He pointed all these in his paper dubbed \"The Dollar Dilemma: Where to From Here?\" and his his words, Paul wrote:\n\n\"It's a fallacy to believe the U.S has a free market economy. The economy is run by a conglomerate of individuals and special interests, in and out of government, including the Deep State, which controls central economic planning. \"\n\nPaul further named the Community Futures Trading Commission, Federal Reserve Bank, the Securities and Exchange Commission and the Treasury Department as sentries of \"monetary elites.\"\n\nHowever, Paul strongly proposes that competition with the dollar should be declared legal, and also alludes a new financial model that fuses cryptocurrencies and gold using advanced blockchain technology.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://wcoinsw.com/2018/07/05/bitcoin-impact-800-cryptocurrencies-now-dead-bitcoin-drops-70-off-max-cap/",
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      "body": "Bitcoin Impact: 800 Cryptocurrencies are Now Dead, Bitcoin loses 70% off its Max Cap\n\n********************************************\"\"\nThe bitcoin bubble at the end of last year saw majority of new cryptocurrencies penetrate the market and highly compete for the mental focus of investors consumed majorly by global hype and the hope of becoming rich easily.\n\nThese Initial Coin Offerings (ICOs) collected money from green investors using less more that some code and a speculative white paper summarising the coin's covet.\n\n![Beyond-bitcoin_AdviserVoice_GSFM-Nov17-1.jpg](https://cdn.steemitimages.com/DQmZTzDRVcGaBdFwSdKrTb6LrvjKGFzEGUFLs2TVtpQKbS2/Beyond-bitcoin_AdviserVoice_GSFM-Nov17-1.jpg)\n\nNotwithstanding bitcoin being the leading crypto having declined from more than $19,000 in December 2017 to more than $6,000 as per now, the enthusiasm for minor coins has also highly diminished.\n\nFraud and hype surrounding ICOs\n\n**********\nThe Deadcoin.com has been swamped listing all the cryptocurrency jokes, scams, and neglected projects and the list has today registered 800 cryptos, deemed \"dead\" - trading at less than 1 cent.\n\nAaron Brown, a cryptocurrency expert, said that \"There has been obviously been significant fraud and hype in the ICO market. I have seen 80% of ICOs were frauds, and 10% lacked substance and failed shortly after raising money.\"\n\nAmong the \"dead\" coins include the Detector token (DTCT) after being listed on the site as having \"no communication or tweets for over 8 months now.\" SipsCo (SIPS) Coin \"perished after 10 days on coinexchange.\" Bchconnect (bchc) is portrayed as a lending \"scamcoin.\"\n\nRisk taking among potential investors\n\n********\nAnother coin that was launched as a joke, dubbed \"Useless Ethereum,\" is now valued at $0.013425. During that time investors were willing to invest cash in various projects minus looking at consequences.\n\nOn the fundamental value of their suggestion, Useless Ethereum noted:\n\n\"You're going to give some random person on the internet money, and they're going to take it and go buy stuff with it. Probably electronics, to be honest. Maybe even a big-screen television. Seriously, don't buy these tokens.\"\n\nRegardless of this strong warning, an investigation from which major reports that the coin's launch increased $30,000 and still has $53,240 market capitalisation, according to CoinMarketCap.\n\nThe inability of the 800 coins is anticipated to have burnt yet much billion of dollars with great companies raising a sum of $3.8 billion through ICOs last year.\n\nNevertheless, the money lost may likely rise with a significance value of $13.7 billion made within the first half of 2018, and $1 billion of that was made by various coins that are currently regarded as 'dead'.\n\nMisery among investors\n\n*******\nTo all those maniacs that put money into mysterious cryptocurrencies the woe is set to go forward since most money has been drawn into scams.\n\nAnticipating a lot of woe for many investors, experienced analyst Aaron Brown, noted that:\n\n\"There has obviously been significant fraud and hype in the ICO market. I have seen 80% of ICOs were frauds, and 10% lacked substance and failed shortly after raising money. Most of the remaining 10% will probably fail as well.\"\n\nSatis Group, an ICO advisory and analysis firm released data claiming that more than 80% of ICOs having a $50 million market cap and beyond, are scams and 11% of projects have failed or muted according to the research.",
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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://allcoinshome.com/icelands-big-bitcoin-heist-demonstrated-how-bullish-the-countrys-crypto-sector-truly-is/",
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      "body": "Iceland’s ‘Big Bitcoin Heist’ Demonstrated How Bullish the Country’s Crypto Sector Truly Is\n\n*******************************************\nA developer and minor criminal steals 600 Bitcoin mining units, and eludes on an aeroplane together with his country's leader. This story appeared like it was copied directly from the pulp fiction. Currently this is Iceland's \"Big Bitcoin Heist.\"\n\n\n![index.jpg](https://cdn.steemitimages.com/DQmVhRkFv9kMs1fWFeiUoazVYwLwXgVvFyyMfJsmTJKJZum/index.jpg)\n\n\nThree different raids also accounted for the stolen bitcoin units December last year from a store near Reykjavik, the capital city of Iceland. Some few weeks later,Sindri Stefansson, a 31 year old, was captured and immediately placed in a low-level prison but he escaped few days later through a prison window and got an aeroplane to Stockholm, capital and largest city of Sweden, delivering Prime Minister Katrin Jakobsdottir to a major political meeting, and turned into an international abscotchalater.\n\nSindri was later fortunately hunted down and is right now behind the bars though various questions such as how did he remove 600 machines sans awakening suspicion? Is a crime syndicate involved? Where are they now? still stand.\n\nBitcoin machine installation on a high level\n\n********\nSome of the insiders revealed that the computers are suspected to have already been shipped out of the country, and others suspect to be hidden in a secret place in Iceland. The big bitcoin heist has led Iceland's giant crypto industry to the globe's attention and it's highly growing.\n\n![shutterstock_605613785.jpg](https://cdn.steemitimages.com/DQmQMav4t17vBhSnm29bDAHTyQ329rCHK1paeJxZRPPw1WN/shutterstock_605613785.jpg)\n\nIceland install 500 bitcoin mining machines daily. The expert said that the heist was just a \"hiccup\" in the crypto sector's high increase.\n\nIceland is among the most alluring places in the world to mine bitcoin. Low temperatures and low electricity tariffs are major factors favouring the country to have one of the grids for crypto-diggers on this planet earth. This very year Iceland is planning to enlarge more electricity on bitcoin much higher than lighting homes for its just 334,252 nationals.\n\nCrypto to make Iceland great forever\n\n************\nIceland was one of the illest-hit economies of the financial crisis that happened a decade ago, and its citizens look the national currency, the króna, with a lot of mistrust. Iceland has its very own cryptocurrency known as Auroracoin.\n\nGenesis Mining Company, the global's giant cloud mining firm, have leaped on Iceland's flawless metrics. That will reduce as the nation's infrastructure strive to accommodate miners.\n\nCryptocurrency especially bitcoin is bringing technology talent to Iceland whose domestic scene is prospering, the education system has also developed and a close-knit cabal of business people run by local VC platforms is going to set its startups to the globe.\n\nThere is a possibility that bitcoin itself might swing in value: bitcoin is currently worth $9,244 from a December 17 high of $13,860, however, it's still doing better on its $2,328 price last July, leaving Iceland to be vaulting into heavyweight crypto countries.",
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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://coinidol.com/bermuda-to-have-restricted-banks-for-blockchain-and-fintech-industries/",
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      "body": "Bermuda to have \"Restricted Banks\" for Blockchain and FinTech Industries\n\n******************************************\nThe government of Bermuda is planning to amend Banks and Deposit Companies Act in order to give enough room for innovation in the industry to flourish.\n\n![index.jpg](https://cdn.steemitimages.com/DQmXvC3LcYCpUTWYFGSLodKiszvnjp5H6FLCuiPtNVm5HaS/index.jpg)\n\nBermuda, an island group in the North Atlantic Ocean, 1074 km east-southeast of Cape Hatteras, North Carolina, is introducing a new type of banks to boost the growth and development of blockchain and FinTech industries.\n\nEconomic success determines the success of FinTech and Blockchain industry\n\n***********\nEdward David Burt, Premier and Minister of Finance, proclaimed the plans to amend the Banks and Deposits Companies Act 1999 so that the growing technology industries can be properly accommodated.\n\n\"FinTech industry needs an innovative, robust banking solution,\" said Edward in a ministerial statement to the House of Assembly. \"The FinTech industry's success globally depends on the ability of the businesses operating in this space to enjoy necessary banking services. In other jurisdictions, banking has been the greatest challenge, and for us in Bermuda, it is equally so and must be resolved.\"\n\nThese new types of banks will be called \"Restricted Banks,\" even though its a primary goal is to have the FinTech industry fully accommodated, Bermuda's citizens and other kind of businesses will also be maximumly served. Among the revision to be made includes outlines of categories of business ventures the new class of banks can serve, and in addition, a provision that will leave space for more amendments incase a dire arises with time.\n\nBermuda to be a hub for FinTech innovation\n\n*********\nThe forthcoming amendment was initially drafted after thorough consultation with the country's banking sector. Sometime back, many local banks have been reluctant to offer banking services to FinTech because of regulatory barriers and repugnance to take a risk.\n\nBermuda is working tooth and nail to stance itself as a main destination for bullish FinTech innovation, having successfully passed an Initial Coin Offering Bill and Digital Asset Business Act to, in a move to allure a large number of blockchain and cryptocurrency companies.\n\nEdward commended FinTech for their endless ability to lay a foundation without delaying for growth to take place, to quickly answer the rising trends and maintain a great reputation for sound management in the due process.\n\n\"For countries it is no different, Bermuda must be nimble or we will be left behind. We made commitment to build a better and fairer Bermuda.\" Edward said.",
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      "author": "joe92luis",
      "body": "Iranian Government Censors Crypto Exchanges as many Citizens Adopt Bitcoin\n\n****************************************\nThe government of Iran is strengthening its position on cryptocurrency with dynamic international relations.\n\n![index.jpg](https://cdn.steemitimages.com/DQmNQin1CqWMWBX3xDJy6fRbrihEiGo69a38PsKeGhAXdsi/index.jpg)\n\nThe government censorship has played a major role among the Iranian society, and according to Reporters Without Borders, an international non-profit that backup world freedom of the press, the country has been rated as one of the globe’s giant prison states for journalists.\n\nCurrently, Iranian government censors are trying to totally block access to new target crypto exchanges.\n\nAn Iranian bitcoin maniac revealed that each cryptocurrency exchange in the country was filtered sice the month of May this year. Many other citizens that are crypto users also said that they facing hardships in attempting to access crypto exchanges even if they applied VPNs and other strong tools that can bypass or get around internet censorship.\n\nBitcoin as a better alternative for stabilizing the economy\n\n**********\nThe tendency is purportedly linked to the renewal of U.S sanctions appearing in the relatively near future possibly in August and November 2018.\n\nThe government censorship comes at a moment when a rapidly increasing population of Iranian citizens are majorly depending on bitcoin and other relevant cryptos for economic stability and empowerment.\n\n“Many people are using it [bitcoin] as a hedge instrument because buying bitcoin is easier than going into the black market to buy yourself US dollars,” Iranian source said.\n\nThe Rial, Iran’s national currency is anticipated to lose 57% of its value by the end of 2018 because of hyperinflation.\n\nIn many countries whose currencies have been facing unreliable and unstable stores of value such as Zimbabwe and Venezuela, cryptocurrencies such as Ethereum and bitcoin have become a soaring popular alternative for many nationals.\n\nThe Director of IranObserved Project from the Middle East Institute, Ahmad Khalid Majidyar, said that Hassan Rouhani, Iranian president might look at bitcoin as a big threat to the country’s economy since he doesn’t want at all the citizens to transfer foreign currency such as dollars, outside his country.\n\nIntegration of cryptocurrency on a high gear\n\n**********\nThe government of Iran hasn’t often tried such a limiting approach to crypto-talks about starting the nation’s economic infrastructure for the integration of crypto started earlier in October last year. This year in February, reports showed that Iran was planning creating its own crypto.\n\nIn May, Mohammed Reza Pourebrahimi, head of Iran’s Parliamentary Commission of Economic Affairs (IPCEA) revealed that Central Bank was formulating major plans of integrating crypto into financial systems of Iran.\n\n“The IPCEA has already obliged the Central bank of Iran to start developing proposals for the use of cryptocurrency. This is one of the good ways to bypass the use of dollar, as well as the replacement of the SWIFT system. Russia shares our opinion. We said that if we manage to promote this work, then we will be the first countries that use crypto in the exchange of goods,” Reza said.\n\nAs it stands, it looks like Iran’s stance towards bitcoin is highly changing, it’s a matter of time now as we hold on to keenly observe how shifting international understandings will pose any effect on the future of cryptocurrency across the whole nation.",
      "json_metadata": "{\"tags\":[\"crypto\",\"steemit\",\"bitcoin\",\"cryptocurrency\",\"steem\"],\"image\":[\"https://cdn.steemitimages.com/DQmNQin1CqWMWBX3xDJy6fRbrihEiGo69a38PsKeGhAXdsi/index.jpg\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}",
      "parent_author": "",
      "parent_permlink": "crypto",
      "permlink": "iranian-government-censors-crypto-exchanges-as-many-citizens-adopt-bitcoin",
      "title": "Iranian Government Censors Crypto Exchanges as many Citizens Adopt Bitcoin"
    }
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  "op_in_trx": 0,
  "timestamp": "2018-07-07T12:57:21",
  "trx_id": "c1a6c66b2a4d923e376a3b8c87e27ebb39420cf3",
  "trx_in_block": 15,
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