bitcoin – Karma https://karmaimpact.com Advancing people, planet and profit. Thu, 07 May 2020 23:14:50 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.2 How Blockchain Technology Can Advance Sustainability /how-blockchain-technology-can-advance-sustainability/ /how-blockchain-technology-can-advance-sustainability/#respond Fri, 08 May 2020 10:00:00 +0000 /?p=15972 Blockchain technology can help further sustainability issues The inexpensive technology offers a network that provides secure information instantly available The low adoption rate of blockchain technology has to do with a digital divide in the world where only some have access to the Internet and the problem of scalability.  Blockchain technology may be set for […]

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]]> /how-blockchain-technology-can-advance-sustainability/feed/ 0 Mark Cuban Gives Bitcoin a Big “No” While China Pushes Further into Digital Currency /mark-cuban-gives-bitcoin-a-big-no-while-china-pushes-further-into-digital-currency/ /mark-cuban-gives-bitcoin-a-big-no-while-china-pushes-further-into-digital-currency/#respond Tue, 10 Dec 2019 21:39:46 +0000 /?p=14210 Stark contrasts in how digital currencies are viewed around the world were on display this week, as billionaire Mark Cuban said bitcoin has “no chance” of becoming a reliable currency and China pushes ahead with a plan to test and introduce a digital one. “It’s too difficult to use, too easy to hack, way too […]

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]]> /mark-cuban-gives-bitcoin-a-big-no-while-china-pushes-further-into-digital-currency/feed/ 0 European Central Bank Explores Creating Its Own Digital Currency /european-central-bank-explores-creating-its-own-digital-currency/ /european-central-bank-explores-creating-its-own-digital-currency/#respond Wed, 27 Nov 2019 20:08:20 +0000 /?p=13971 The European Central Bank is leaning toward a “if you can’t beat them, join them” stance regarding digital currencies, recognizing shortcomings of the existing system and consumer demand for better solutions. The bank will explore new technologies that could ensure safety for consumers, including a central bank digital currency, ECB board member Benoît Cœuré suggested […]

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]]> /european-central-bank-explores-creating-its-own-digital-currency/feed/ 0 The Mission to Monetize Trash: How Plastic Bank Is Aiming to Turn Trash into Treasure /the-mission-to-monetize-trash-how-plastic-bank-is-aiming-to-turn-trash-into-treasure/ /the-mission-to-monetize-trash-how-plastic-bank-is-aiming-to-turn-trash-into-treasure/#respond Wed, 13 Nov 2019 22:29:47 +0000 /?p=13721 Key Takeaway: Entrepreneur David Katz is on a mission to wipe out poverty and clean up the planet by monetizing trash. Plastic Bank is a Vancouver-based social enterprise with a Blockchain twist on recycling. Founded in 2013, Plastic Bank is now inching into profit. It pays the extreme poor in Haiti, the Philippines, and Indonesia […]

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]]> /the-mission-to-monetize-trash-how-plastic-bank-is-aiming-to-turn-trash-into-treasure/feed/ 0 King Gold, Relied Upon by Asia’s Unbanked, May Get Challenge from Bitcoin /king-gold-relied-upon-by-asias-unbanked-may-get-challenge-from-bitcoin/ /king-gold-relied-upon-by-asias-unbanked-may-get-challenge-from-bitcoin/#respond Fri, 27 Sep 2019 18:26:13 +0000 /?p=12398 Gold is still king in some less developed parts of the Asia-Pacific region. Khmers, Malaysians, Thais and others still use it to bypass financial institutions that have been tainted by widespread banking malpractice.  Maybe not for long, as bitcoin — easier to move and safer to carry around — makes inroads. The APAC region’s banks […]

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]]> /king-gold-relied-upon-by-asias-unbanked-may-get-challenge-from-bitcoin/feed/ 0 U.S. Fears Terrorist Bitcoin Misuse While Arab Americans Decry Discrimination /u-s-fears-terrorist-bitcoin-misuse-while-arab-americans-decry-discrimination/ /u-s-fears-terrorist-bitcoin-misuse-while-arab-americans-decry-discrimination/#respond Tue, 20 Aug 2019 16:39:56 +0000 /?p=11429 While the U.S. Treasury Department expressed concern that terrorist financiers could misuse digital currencies, including Libra and Bitcoin, anti-discrimination advocates say that crypto currencies are not funding terrorist activities, but rather have been adopted to bypass discriminatory practices by financial institutions. “There is always a concern that national security laws and measures will lead to […]

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]]> /u-s-fears-terrorist-bitcoin-misuse-while-arab-americans-decry-discrimination/feed/ 0 Bitcoin Miners’ Use of Coal-Powered Energy Alarming to Some /bitcoin-miners-use-of-coal-powered-energy-alarming-to-some/ /bitcoin-miners-use-of-coal-powered-energy-alarming-to-some/#respond Fri, 26 Jul 2019 18:12:11 +0000 http://karmaimpact.com/?p=10352 As Bitcoin gains use in international transactions, and in providing finances to people without access to regular banks, critics are pointing to the environmental costs exacted by the powerful computers used to “mine” buried Bitcoin codes. Bitcoin miners use huge amounts of energy, enough to power Ireland for one year, according to at least one […]

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