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Bitcoin on Mars?

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Former Facebook employee Roman Koshlyak launched a petition in United States requesting to Include Btc Wallets in latest NASA projects Curiosity and Opportunity

Ever heard of Inter-Planetary Bitcoin Transactions? Well, that’s the new reality, after taking entire world by storm Bitcoin price is soaring to all-time high and recent developments in Btc world shows that acceptability of world’s biggest cryptocurrency is increasing by the day.

In late 2016, former Facebook employee Roman Koshlyak launched a petition in United States requesting to Include Bitcoin Wallets in latest NASA projects Curiosity and Opportunity, purpose of these 2 projects are to explore Mars and gather as much information as possible to find possibility of Life on Mars in future. The reason which Roman indicated in his petition is that people can send donations for this project through bitcoins If Wallet is established in these 2 projects. If this happens then It will be one of the biggest things for BTC. Until now Bitcoin was finding its way through acceptability in this world but now If this transaction happens then it will be first ever Inter-Planetary transaction.

Elon Musk and Space

Elon Musk is one of the well-known entrepreneurs in the world, Founder of many companies like Pay Pal, Tesla, Solar city, Space X, he mentioned that his company Space X is planning to launch a project to send tourists on Moon and Mars, he himself mentioned that he wants to Colonized Mars and connect Earth with Moon and Mars. So, potential market for Btc in this case in massive here, people who will visit Moon or Mars in future can use Bitcoin as their preferred payment method for transaction because Bitcoin transactions are quick and easy to use, further fee of transaction is very low as well making it the perfect choice for those people.

Martians can use Bitcoin as a currency

Martians can use Btc for their daily usage and it will be the best possible choice for them because with most countries trying to explore Mars as their possible option to live in future there will be discussions on the issue to select a currency for usage at Mars and what better than Bitcoin.

If you ever had a chance to go to mars would you like to chose Bitcoin as a payment method?

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Crypto Roundup

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Is Toronto Next to Accept Bitcoin for Property Taxes?

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Toronto is the biggest city of Canada with a population of more than 6 million. It’s also one of the leading global financial centers which makes it an attractive place for investors.

Bitcoin has emerged as the leading cryptocurrency in the world and attracted a lot of attention from financial investors. There are many crypto exchanges and investors in Toronto, which makes it an important destination for crypto startups and investors.

Recently, there has been a surge in usage of Bitcoin in the Real Estate world as lot of companies around the world are now accepting Bitcoin for buying and selling of properties. In April 2019, Innisfil, A town located in Ontario, at a distance of about 1 hour drive from Toronto, announced that they will accept Bitcoin for property taxes at the municipal level. In July this year, Richmond Hill announced that they are ready to accept Bitcoin as a payment method for property taxes.

Evan Kuhn, Co-Founder of a Toronto based crypto exchange Coinberry believes that integration of Bitcoin as a payment method for property taxes in Toronto can reduce cost, not only for tax payers, but for municipalities as well. Kuhn mentioned


“It doesn’t cost homeowners to use the service, and it costs the municipalities far less in processing fees”



“A credit card company charges a 3% fee,” he said. “Our fee is .5%, so that’s a lot more beneficial for the municipalities.” 


He further explained the entire process to make it simple for the users and for the authorities. “When a resident makes a payment through our exchange, the company immediately converts the Bitcoin into Canadian Dollars and pays the relevant authority, so in basic concept this entire process works like a credit card system but with lower fee for both parties”

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Morning Crypto Roundup

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  1. Crypto market entered into a consolidation phase, with market cap at around $265 billion, market is currently trading in a range
  2. Bitcoin stays above $10,000
  3. Gray scale reported in a recent report that there are 7.1 million active Bitcoin users worldwide with more than 32 million Bitcoin wallets.
  4. After Innisfil and Richmond Hills, is Toronto next to explore an opportunity to pay property taxes through Bitcoin?
  5. According to a report from CryptoCompare.com, Untrusted crypto exchanges are dominating the crypto volume with more than 2/3 share

 

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