Bitcoin and cryptocurrency roundup: 15 March 2018 - finder.com.au

Bitcoin and cryptocurrency roundup: 15 March 2018

Posted: 15 March 2018 6:26 pm
News

What happened to cryptocurrency today?

The blockchain gaming revolution, the USA's regulatory trouble, ShareRing, Aussie bitcoin tax scam and Coinbase in the UK.



1. Get your blockgame on

Gamers have a lot of reasons to like blockchain technology, and gaming companies know it and want to embrace it. For instance:

2. Do you really need 50 states? How many do you use on a regular basis?

The USA is a regulatory dog's breakfast. It's killing innovation and harming consumers.

The problem isn't that there's too much regulation, it's that the scraps that exist form an incoherent mess as far as cryptocurrency is concerned.

3. The next Amazon of Uber

Melbourne startup ShareRing has an ambitious goal, which could very accurately and only semi-ironically be described as becoming the Amazon of Uber.

4. Get those numbers up

Stop trying to send the ATO your bitcoin. It doesn't want your bitcoin any more than it wants tax debt paid with iTunes gift cards.

If you insist on sending bitcoin to the ATO, you are encouraged to report it afterwards and make sure it counts towards Australia's score. At only $50,000 lost to this stupid scam Australia's trailing behind Canada, the USA and others.

5. They're not there for the weather

Crypto giant Coinbase has landed in the UK with big plans and a heavy impact.

Coinbase UK CEO has confirmed that it's there for the talent and customers, rather than the food and climate.

6. Blockpass it on


Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, SALT, BTC, NANO

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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