Never Mind Consumers, This Was a Year of Steady Infrastructural Progress

Never Mind Consumers, This Was a Year of Steady Infrastructural Progress 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Despite having operable smart contract blockchains like Ethereum in production, projects have struggled with product-market fit for decentralized applications in recent years. The industry might simply be too early. If we look back to how “mobile applications” progressed, they didn’t really solidify into a multi-billion dollar business until their infrastructure — smartphones like iPhone and mobile operating systems like Android — became extremely accessible, usable, and affordable. In the same way, blockchain infrastructure in the form of scalable blockchains, user-friendly wallet experiences, node and data services, and financial industry support…

Gov’t Seeks to Tax Crypto Transactions as Capital Gains

Gov’t Seeks to Tax Crypto Transactions as Capital Gains 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

The South Korean government plans to tax capital gains on cryptocurrency transactions. A Dec. 9 report from The Korea Times reveals that a revised bill to introduce the measure will be drawn up by the country’s Ministry of Economy and Finance by the first half of 2020. In parallel, the Korean National Assembly is in the process of advancing a related bill aimed at increasing transparency in cryptocurrency trading. If passed, the new regulations would come into effect one year after the Assembly’s plenary session. While the government’s capital gains…

EOS-Based Social Media Platform Voice Announces Beta Launch

EOS-Based Social Media Platform Voice Announces Beta Launch 6  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Voice, the social media platform first unveiled by EOS creator Block.One in June, announced that it will launch in beta on Feb. 14 — Valentine’s Day — in 2020. Voice announced the beta launch date in a blog post published by the project on Dec. 5. The firm also promises that it will share its progress with the community as the development goes on.  Voice also claims that thousands have already signed up to take part in its beta testing. The firm also admits that the initiative is still plagued…

‘We Need Entrepreneurs Like That Guy!’

‘We Need Entrepreneurs Like That Guy!’ 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

One of the most successful investors in the world is calling for the release of convicted criminal Ross Ulbricht. Following up on a September 21 tweet by Tim Draper that was completely sympathetic to the imprisoned Silk Road creator, Fred Schebesta of the Crypto Finder video podcast took a moment to ask the billionaire his latest feelings on the matter. Draper gave an effusive response: Free Ross, baby! Get him out. We need entrepreneurs like that guy! Get him out of jail! Why do we put these really extraordinary people…