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0:59 Story - Update on the G20 meeting
https://www.g20.org/en/newsDay 1 of the G20 meeting is now over. The meeting ended about an hour ago from when I’m recording this.
https://www.g20.org/en/news So far there are no press releases on the official G20 website, however there are 2 recordings from the livestream press conference they held at the end of the day.
https://twitter.com/g20org The only thing is they are in spoken Spanish which I personally cannot interpret, and because it was only streamed an hour ago, there are no translations out yet and The Cryptoverse video for today can’t wait.
https://youtu.be/293_SU6UWYc?t=11m30sSo if you speak Spanish I’ll provide a link to the YouTube recording of the livestream press conference, fast forwarded to 11m 30 seconds when the feed actually goes live.
2:02 Story - Mastercard are open to cryptocurrencies but there’s a catch
http://bitcoinist.com/mastercard-open-cryptocurrency-theres-catch/The catch is that they want to support cryptocurrencies that are issued by central banks.
They don’t want of this free money and definitely no private money.
You may remember recently that Mastercard re-classified purchases of cryptocurrencies as a cash advance meaning crypto exchanges charged a higher fee on the transaction and the credit card issuer would begin charging interest on that transaction immediately.
Talk about souring the milk.
[red]
And with regards to private coins…
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It’s no surprise that Mastercard would support a government issued cryptocurrency because then they’d basically be facing a predator with no fangs.
If the Bitcoin’s of the world continue developing as free and open networks, Mastercard is eventually facing the fate of the dodo.
3:38 Story - Is The MtGox. Dump A Myth?
https://medium.com/@cryptomeds/debunking-the-mt-gox-dumping-myth-entirely-390d3d56bf74According to the case put forward in this comprehensive medium article written by Crypto Medication, yes.
If you are not up to speed on this story…
https://www.youtube.com/watch?v=5z9LlczdXkgGo back and watch my video from the 9th of March in which I talked about the bankruptcy attorney for the insolvent MtGox exchange dumping 30 odd thousand Bitcoin and preventing the Bitcoin price from recovering.
This article debunks this theory on the basis that..
[highlight 1]
A: The Bitcoin price had already be going down for several days before an alleged dump on the 22nd of december.
[highlight 2]
B: The candle pattern that appeared when the dump happened was actually a strong rever
...
https://www.youtube.com/watch?v=MYvo9P7oOLg