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      "body": "Congratulations @tylergahn! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@tylergahn/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/@tylergahn) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=tylergahn)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemfest/@steemitboard/steemfest-commemorative-badge-refactored\"><img src=\"https://steemitimages.com/64x128/https://files.steempeak.com/file/steempeak/arcange/YqQV5Tbj-image.png\"></a></td><td><a href=\"https://steemit.com/steemfest/@steemitboard/steemfest-commemorative-badge-refactored\">SteemFest⁴  commemorative badge refactored</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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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://coinvedi.com/ibms-stellar-move-tech-giant-uses-cryptocurrency-in-cross-border-payments/",
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      "parent_permlink": "stellar",
      "author": "tylergahn",
      "permlink": "ibm-s-stellar-move-tech-giant-uses-cryptocurrency-in-cross-border-payments",
      "title": "IBM's Stellar Move: Tech Giant Uses Cryptocurrency in Cross-Border Payments",
      "body": "![shutterstock_164701772.jpg](https://steemitimages.com/DQmb8PcUWKbnWde2CceaTDQPmAr7L1P9qpmiGqhnhZdBVng/shutterstock_164701772.jpg)\n\nBig Blue is making what could be considered its first public foray into cryptocurrency.\n\nIn the kind of unveiling that can only come before one of the biggest events in global finance, IBM is revealing today at Sibos 2017 the results of a partnership with blockchain startup Stellar in which it successfully settled real transactions using the company's custom cryptocurrency, lumens.\n\nWhile currently limited to cross-border payments involving British pounds and Fijian dollars, the early-stage platform is nonetheless designed to scale to handle seven fiat currencies in the South Pacific – including the Australian dollar, the New Zealand dollar and the Tonga pa'anga.\n\nPerhaps the platform's most distinguishing characteristic, however, is that the project showcases how private and public blockchain technologies are increasingly being used in tandem. While IBM's blockchain solutions are designed to complete much of the workflow around transaction clearing, the actual settlement will be conducted using Stellar's blockchain. In this case, Stellar's lumen serves to digitally connect fiat currencies, allowing for nearly instant exchange without the consumer or buyer ever touching the cryptocurrency itself.\n\n\"When trading between multiple currencies, it helps to have a bridge currency to reduce the ledgers needed to maintain. Lumen provides that single ledger that can bridge currencies.\"\n\nNew orbit\n\nTaken together, however, this partnership goes beyond just technical implications.\n\nNot only is the partnership an outside-the-box move for IBM, which has largely focused on its own blockchain platforms, it's a big win for Stellar, which having emerged from the Ripple founding team hasn't had quite the same growth, perhaps attributing in part to its focus on developing markets.\n\nThe partnership is also evidence of the extent of collaboration between blockchain firms and the wider financial world. To make the project work, IBM had help from partners including National Australia Bank, TD Bank and Wizdraw (HK) of WorldCom Finance.\n\nThe payments themselves are conducted for the Advancement of Pacific Financial Infrastructure for Inclusion (APFII), an organization of member financial institutions founded by the United Nations and Swift, and operated by KlickEx, a privately-held direct clearing provider that specializes in cross-border digital remittances.\n\nAccording to IBM's vice president of global blockchain development, Jesse Lund, getting all these players to work together is just an extension of IBM's mission to collaborate with financial institutions to develop a blockchain ecosystem.\n\nTo that end, the platform is already integrated with IBM's Financial Transaction Manager, which itself is integrated with ACH, SEPA and other electronic transaction networks. Going forward, APFII's confirmation receipts are expected to be published as MT103 Swift messages directly to the blockchain.\n\n\"This in many ways is just an extension of that, wherein we're providing, in collaboration with banks, and in the process developing this blockchain ecosystem,\" said Lund.\n\nMore support\n\nFor now, the new project is also a balancing act – at once both a small advancement of early-stage technology and an aspirational advance toward more lofty goals.\n\nWhile the trial with APFII has been ongoing since last week, the CEO of ClickEx, Robert Bell, said it's too early to provide any numbers about transaction volume. But still, he expects as much as 60 percent of the cross-border retail market in the region to be transacting on the platform once all seven currencies are added (the Australian dollar will be the next currency integrated).\n\n\"For the first time, blockchain is being used in production to facilitate cross-border payments in multiple integrated currency corridors,\" Bell said.\n\nIBM also sees the demo as one with implications for the digitization of central bank money – a concept that's gotten a significant amount of attention recently as central banks around the world grow more interested in figuring out how the technology could create efficiencies.\n\n\"Our long game is to support multiple different types of digital assets,\" said Lund, adding:\n\n\"And I'm very confident that you will be seeing central banks coming forward with their own digital asset issuances that will be a much more formidable construct of this model.\"\n\nToday, that future will be discussed in greater detail on stage at Sibos in Toronto, where a panel with representatives from IBM, TD Bank and CLS will discuss the project with the CEOs of both Stellar and KlickEx.\n\n\"It's going to be a wild ride,\" Lund said, concluding: \"We've got the bankers and the renegades altogether.\"",
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      "permlink": "re-tylergahn-trump-s-attorney-general-jeff-sessions-bitcoin-is-a-big-problem-20171021t014117625z",
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      "body": "Some points on interest here.\n\n1.  This was in response to Sen. Feinstein, not something he called a news conference on.  It was a direct question.  I think the bigger story here is that the Senator has concerns about Bitcoin.  I mean what else could he say?  \" I don't see where the privacy features of some cryptocurrencies, that have been proven to have been used for illegal purposes, are a concern for law enforcement?\"  I don't think so.  Whether you want to stop wholesale drug sales over the dark web or want them go flood the country,  it is hard to not at least appreciate their effectiveness.\n\n2.  The statist democrats, especially those that are actually hawkish on defense like Feinstein or Clinton, are the real threat to cryptocurrencies as they are big believers in govement control .\n3.  Sessions does not speak for Trump, he just works for him.  He hates drugs, which were actually a piece of this question, and believes marijuana is actually evil.  Yet, other than putting out some rather threatening memos, he has done nothing to go after marijuana where it is legal under state law.  If he had true autonomy, he would be sending in goon squads to raid dispensaries with a quickness. \n4.  Trump is supportive (at least in theory) of his base.  Many in his base support economic freedom and things like Bitcoin.  He desperately needs to hang on to the 35% he has left.  I don't see Trump going after Bitcoin, at least not because of the concern that a small amount of it is used for bad things.\n5.  Bitcoin is actually not private.  The block chain is actually an excellent piece of evidence that could be used in court.  It may be easy, but is in no way anonymous.  Even things like Monero are not a private as the some would like you to believe.   It reminds me of World War II when the British cracked the German code.  The British did everything they could to hide that fact, so they could continue to monitor the Germans.  Much more effective to let these exist, than to force the \"bad guys\" to find a more effective privacy protocol.\n\nThe bottom line is this story is about the democratic senator who is very obsessed with national security and who could couldn't less about the economic freedom of Americans.  But the democrats are not in power and they are too concerned with resisting Trumps agenda than to spend political capitol on something like Bitcoin.\n\nIn case you have not noticed we have truly divided government.  One third Trumpsters, one third Republicans and one third Democrats.  Nothing of any significance has come out of DC in the last year.  In this case no news is good news.\n\nBesides without cryptocurrencies how will Trump pay his Russian Trolls?",
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      "title": "Trump’s Attorney General Jeff Sessions: ”Bitcoin is a big problem”",
      "body": "![FullSizeRender (1).jpg](https://steemitimages.com/DQmXZ9wouc4uDFRbsHiBGBpEX5FgWm8VJx4MQ2TPhL1nb2P/FullSizeRender%20(1).jpg)\n\nPresident Donald Trump’s Attorney General, Jeff Sessions, testified before the Senate Committee on the Judiciary. The committee is given rather broad powers concerning federal criminal law and internet privacy. During a quick exchange, hours into the hearing, Mr. Sessions was asked about the “dark web.” His answers might foreshadow what’s ahead for digital privacy and bitcoin users.\n\nJeff Sessions and Dianne Feinstein\nFind Consensus\nUpon returning from morning recess, a skeletal assembly remained in the Senate hearing chamber. Even a sizeable number of the committee’s own members bailed.\n\nAt three hours, forty three minutes and thirty seconds into his testimony, ranking member Mrs. Dianne Feinstein, Democrat from California, announced her line of questioning would focus on “the dark web.”\n\nCiting a New York Times article, “Opioid Dealers Embrace the Dark Web to Send Deadly Drugs by Mail,” by Nathaniel Popper, Senator Feinstein began, “it seems to me, the dark web, being used by criminals, is going to grow in the coming years.”\n\nThe “dark web” refers to a tucked-away part of the “deep web,” which is purposely aloof from mainstream search engines. Authorizations, special software, are often required. If such is considered “dark,” then regular internet usage is known as clearnet. \n\nThe phrase strikes deep fear among government officials. Mrs. Feinstein in her questioning was sure to harden the ‘b’ when pronouncing “dark web,” adding a sense of seriousness.\n\n![](https://steemitimages.com/DQmaNLDqCDatigMqnJ2R2B5PkfrVFLbEHHcxQuumEDKdowJ/image.png)\n\n\n“If you have any plans to address it,” she continued, “or would you begin to think about it so that we might have some conversations on this, because I think there’s a lot of concern out there in law enforcement communities,” the Senator emphasized.\n\nHolding both his hands together, Attorney General Sessions sat fully upright and announced he “would be pleased to do so.”\n\n“We are very concerned about that,” he elaborated. “The FBI’s very concerned about that. They did take down, I think, the two biggest, dark web sites. This last one, Alphabay, we took down recently. They had 240,000 sites where individuals were selling, for the most part, illegal substances or guns on that site, including Fentanyl. And, they use bitcoins and other untraceable financial capabilities, and it is a big problem,” he nodded.\n\n“Thank you,” Mrs. Feinstein returned a nod, “I’d like to work with you on it, and if it requires legislation in particular. So, thank you very much. I’m going to quit while I am ahead.”\n\nLooking for a Way In\nMore than a few histories of Bitcoin credit darker markets for moving drug traffic off streets, and onto safer environments, limiting potential violence. They’re also central, according to theorists, to advancing the idea that bitcoin could be a viable currency in its earliest days.\n\nThese both remain controversial claims.\n\n![](https://steemitimages.com/DQmVJKtjWBBF6uQ8gbXns16Rqw5baLGBR9DiZapNFaz7PnM/image.png)\n\nAlphabay Market was accessed through the Tor network, and it was sacked during a coordinated, international, law enforcement effort known as Operation Bayonet. Authorities accused Canadian Alexandre Cazes of being its ringleader. Mr. Cazes died mysteriously in a Thailand jail just days later.\n\nFentanyl, also known as fentanil, is an opioid pain medication.\n\nSenator Feinstein announced her bid for reelection recently, having already served a quarter-century as Senator from California.",
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      "permlink": "trump-s-attorney-general-jeff-sessions-bitcoin-is-a-big-problem",
      "title": "![FullSizeRender (1).jpg](https://steemitimages.com/DQmXZ9wouc4uDFRbsHiBGBpEX5FgWm8VJx4MQ2TPhL1nb2P/FullSizeRender%20(1).jpg)  Trump’s Attorney General Jeff Sessions: ”Bitcoin is a big problem”",
      "body": "![FullSizeRender (1).jpg](https://steemitimages.com/DQmXZ9wouc4uDFRbsHiBGBpEX5FgWm8VJx4MQ2TPhL1nb2P/FullSizeRender%20(1).jpg)\n\nPresident Donald Trump’s Attorney General, Jeff Sessions, testified before the Senate Committee on the Judiciary. The committee is given rather broad powers concerning federal criminal law and internet privacy. During a quick exchange, hours into the hearing, Mr. Sessions was asked about the “dark web.” His answers might foreshadow what’s ahead for digital privacy and bitcoin users.\n\nJeff Sessions and Dianne Feinstein\nFind Consensus\nUpon returning from morning recess, a skeletal assembly remained in the Senate hearing chamber. Even a sizeable number of the committee’s own members bailed.\n\nAt three hours, forty three minutes and thirty seconds into his testimony, ranking member Mrs. Dianne Feinstein, Democrat from California, announced her line of questioning would focus on “the dark web.”\n\nCiting a New York Times article, “Opioid Dealers Embrace the Dark Web to Send Deadly Drugs by Mail,” by Nathaniel Popper, Senator Feinstein began, “it seems to me, the dark web, being used by criminals, is going to grow in the coming years.”\n\nThe “dark web” refers to a tucked-away part of the “deep web,” which is purposely aloof from mainstream search engines. Authorizations, special software, are often required. If such is considered “dark,” then regular internet usage is known as clearnet. \n\nThe phrase strikes deep fear among government officials. Mrs. Feinstein in her questioning was sure to harden the ‘b’ when pronouncing “dark web,” adding a sense of seriousness.\n\n![](https://steemitimages.com/DQmaNLDqCDatigMqnJ2R2B5PkfrVFLbEHHcxQuumEDKdowJ/image.png)\n\n\n“If you have any plans to address it,” she continued, “or would you begin to think about it so that we might have some conversations on this, because I think there’s a lot of concern out there in law enforcement communities,” the Senator emphasized.\n\nHolding both his hands together, Attorney General Sessions sat fully upright and announced he “would be pleased to do so.”\n\n“We are very concerned about that,” he elaborated. “The FBI’s very concerned about that. They did take down, I think, the two biggest, dark web sites. This last one, Alphabay, we took down recently. They had 240,000 sites where individuals were selling, for the most part, illegal substances or guns on that site, including Fentanyl. And, they use bitcoins and other untraceable financial capabilities, and it is a big problem,” he nodded.\n\n“Thank you,” Mrs. Feinstein returned a nod, “I’d like to work with you on it, and if it requires legislation in particular. So, thank you very much. I’m going to quit while I am ahead.”\n\nLooking for a Way In\nMore than a few histories of Bitcoin credit darker markets for moving drug traffic off streets, and onto safer environments, limiting potential violence. They’re also central, according to theorists, to advancing the idea that bitcoin could be a viable currency in its earliest days.\n\nThese both remain controversial claims.\n\n![](https://steemitimages.com/DQmVJKtjWBBF6uQ8gbXns16Rqw5baLGBR9DiZapNFaz7PnM/image.png)\n\nAlphabay Market was accessed through the Tor network, and it was sacked during a coordinated, international, law enforcement effort known as Operation Bayonet. Authorities accused Canadian Alexandre Cazes of being its ringleader. Mr. Cazes died mysteriously in a Thailand jail just days later.\n\nFentanyl, also known as fentanil, is an opioid pain medication.\n\nSenator Feinstein announced her bid for reelection recently, having already served a quarter-century as Senator from California.",
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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://news.bitcoin.com/trumps-attorney-general-jeff-sessions-bitcoin-is-a-big-problem/",
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      "author": "tylergahn",
      "permlink": "trump-s-attorney-general-jeff-sessions-bitcoin-is-a-big-problem",
      "title": "Trump’s Attorney General Jeff Sessions: ”Bitcoin is a big problem”",
      "body": "![FullSizeRender (1).jpg](https://steemitimages.com/DQmXZ9wouc4uDFRbsHiBGBpEX5FgWm8VJx4MQ2TPhL1nb2P/FullSizeRender%20(1).jpg)\n\nPresident Donald Trump’s Attorney General, Jeff Sessions, testified before the Senate Committee on the Judiciary. The committee is given rather broad powers concerning federal criminal law and internet privacy. During a quick exchange, hours into the hearing, Mr. Sessions was asked about the “dark web.” His answers might foreshadow what’s ahead for digital privacy and bitcoin users.\n\nJeff Sessions and Dianne Feinstein\nFind Consensus\nUpon returning from morning recess, a skeletal assembly remained in the Senate hearing chamber. Even a sizeable number of the committee’s own members bailed.\n\nAt three hours, forty three minutes and thirty seconds into his testimony, ranking member Mrs. Dianne Feinstein, Democrat from California, announced her line of questioning would focus on “the dark web.”\n\nCiting a New York Times article, “Opioid Dealers Embrace the Dark Web to Send Deadly Drugs by Mail,” by Nathaniel Popper, Senator Feinstein began, “it seems to me, the dark web, being used by criminals, is going to grow in the coming years.”\n\nThe “dark web” refers to a tucked-away part of the “deep web,” which is purposely aloof from mainstream search engines. Authorizations, special software, are often required. If such is considered “dark,” then regular internet usage is known as clearnet. \n\nThe phrase strikes deep fear among government officials. Mrs. Feinstein in her questioning was sure to harden the ‘b’ when pronouncing “dark web,” adding a sense of seriousness.\n\n![](https://steemitimages.com/DQmaNLDqCDatigMqnJ2R2B5PkfrVFLbEHHcxQuumEDKdowJ/image.png)\n\n\n“If you have any plans to address it,” she continued, “or would you begin to think about it so that we might have some conversations on this, because I think there’s a lot of concern out there in law enforcement communities,” the Senator emphasized.\n\nHolding both his hands together, Attorney General Sessions sat fully upright and announced he “would be pleased to do so.”\n\n“We are very concerned about that,” he elaborated. “The FBI’s very concerned about that. They did take down, I think, the two biggest, dark web sites. This last one, Alphabay, we took down recently. They had 240,000 sites where individuals were selling, for the most part, illegal substances or guns on that site, including Fentanyl. And, they use bitcoins and other untraceable financial capabilities, and it is a big problem,” he nodded.\n\n“Thank you,” Mrs. Feinstein returned a nod, “I’d like to work with you on it, and if it requires legislation in particular. So, thank you very much. I’m going to quit while I am ahead.”\n\nLooking for a Way In\nMore than a few histories of Bitcoin credit darker markets for moving drug traffic off streets, and onto safer environments, limiting potential violence. They’re also central, according to theorists, to advancing the idea that bitcoin could be a viable currency in its earliest days.\n\nThese both remain controversial claims.\n\n![](https://steemitimages.com/DQmVJKtjWBBF6uQ8gbXns16Rqw5baLGBR9DiZapNFaz7PnM/image.png)\n\nAlphabay Market was accessed through the Tor network, and it was sacked during a coordinated, international, law enforcement effort known as Operation Bayonet. Authorities accused Canadian Alexandre Cazes of being its ringleader. Mr. Cazes died mysteriously in a Thailand jail just days later.\n\nFentanyl, also known as fentanil, is an opioid pain medication.\n\nSenator Feinstein announced her bid for reelection recently, having already served a quarter-century as Senator from California.",
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