Friday, March 31, 2017
Bitcoin Legality in India Is a Political Hobgoblin
What is the legality of Bitcoin in India? This is a gray area, but politicians have a tendency to say something negative about cryptocurrency. They do this to spin a yarn that it is “illegal.”
Also Read: Bitcoin Helps People Circumvent Economic Sanctions in Iran
This occurs because politicians use fear mongering to deter folks from certain behaviors, 
In reality, sociopaths called “world leaders” are merely passing judgement on people who choose to live freely of their own volition; they are condemning people who choose to buy stuff with their own money.
This exact thing happened on March 28 in India. The India Economic Times reported the prime minister Arjun Ram Meghwal replied to the Indian Parliament, Rajya Sabha, that using Bitcoin “could” lead to consequences for anyone who dares to disobey. He said:
“The absence of counter parties in usage of virtual currencies including Bitcoins, for illicit and illegal activities in anonymous/pseudonymous systems could subject the users to unintentional breaches of anti-money laundering and combating the financing of terrorism laws”
Apple-Gagged Politician Pigs and the Indian LSD Drug Bust
The key word above is “could.” This does not mean that Bitcoin is “illegal” in India. 
This fear mongering of Bitcoin comes alongside drug raids in India.
Recently, there was a “drug ring” busted for possessing and selling LSD. For anyone unfamiliar, LSD or Lysergic acid diethylamide, is a psychedelic drug that produces visionary states of mind that allow people to heal, introspect, and experience love for life. It is not an evil drug that kills people. The only thing evil is the cops and politicians who cage the innocent for possessing the compound.
The Times of India reported on March 30, “The anti-narcotics cell of the city police arrested five people, including two students of two reputed colleges in the western suburbs, for drug trafficking and recovered psychedelic drug LSD worth Rs 70 lakh (about 7 million dollars) on Wednesday.”
The kicker is that the five people “drug ring” allegedly used bitcoin to make their sells. The media leveraged fake news to make Bitcoin sound evil as a result of the drug bust. They suggested bitcoin has been regularly used as a dastardly medium of exchange in drug transactions.
The media tied it in with the recent fear mongering about Bitcoin by the prime minister of India. The Times of India said, “The payments for the same were made through Bitcoins, a form of virtual currency. The government on Tuesday said Bitcoin is not authorised by RBI and any transction in it could result in breach of anti-money laundering provisions.”
Political Fear, Crypto-Legality, and Bitcoin the Hobgoblin
All of this political fear is indicative that the political class is having a fearful reaction against cryptocurrency
In reality, it is false that bitcoin is illegal in India. Someone could accidentally stumble into the minefield of anti-money laundering laws and drug possession statutes, but just using Bitcoin or trading is not considered “illegal.” It’s just that it “could” be illegal, in the Prime Minister’s own words.
This Indian battle of whether Bitcoin should be legal or illegal, accepted and used, is really just a political dig to prevent the spread and adoption of cryptocurrencies. The Indian government is playing the age old game of thrones; they are manipulating the population to see Bitcoin as evil. They want people to run away from exploring this money rather than embrace it. In this way, Bitcoin is a new kind of enemy.
H.L. Mencken said it best,
“The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.”
In this case, Bitcoin is the hobgoblin, but the fear is indeed imaginary.
How can the Indian people overcome government fear mongering?
Images via Shutterstock and Wallpaperbackgrounds.com page.
Do you agree with us that Bitcoin is the best invention since sliced bread? Thought so. That’s why we are building this online universe revolving around anything and everything Bitcoin. We have a store. And a forum. And a casino, a pool and real-time price statistics.
The post Bitcoin Legality in India Is a Political Hobgoblin appeared first on Bitcoin News.
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Learn everything you need to know to become an Entrepreneur. Master the concepts and coming up with great business ideas
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Top rated Udemy Instructor with over 650+ 5 star reviews.
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+ Worked as a VC and was in charge of deal flow in Silicon Valley. Oversaw investments in large companies like Facebook, LinkedIn, & Tesla.
+ Startup founder for 5 years, raised 3 rounds of capital worth several millions of dollars.
+ Currently Director of a Digital Agency that specializes in taking ideas from raw concept all the way to launch.
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A Virtual Reality Simulator of the Bitcoin Blockchain Is Coming to Steam
A new virtual reality game based on the Bitcoin network is coming to the Steam platform today Friday, March 31. The game called “Bitcoin VR” is a simulation of real-time Bitcoin transactions in a dark setting called the “Forest of Satoshi”, where players can even prune the network with a bow and arrow.
Also read: Rare Pepe Gets Blockchained, Made Into Tradable Counterparty Tokens
Bitcoin VR Is a Whole New View of the Blockchain
This week, the blockchain company Indiesquare is introducing its Bitcoin VR game via the Steam gaming network. Indiesquare is well known for its Counterparty token wallet, and its collaborative efforts with cryptocurrency incentivized games like Spells of Genesis, Sarutobi, and Takara. However, Bitcoin VR is a different kind of game that allows players the ability to virtually walk around the Bitcoin blockchain.
Bitcoin VR has vector-like graphics where users can walk around, seeing visuals of transactions being processed in real-time on the blockchain. The single player Indiesquare game requires a virtual reality headset to play the simulator. Bitcoin VR developers recommend the HTC Vive headset.
The transactions shown in the game reveal the associated block height number and also the current price of bitcoin. Transactions are represented by block-like objects within the game and gems with larger transaction sizes create bigger gems.
“Ok this is pretty geeky and may not be for all, but we think it’s cool, the first VR Bitcoin block explorer,” explains the Bitcoin VR description on Steam. “Ever wanted to see real time Bitcoin transaction in VR? Ever wanted to prune the blockchain with a bow and arrow? Enter the Forest of Satoshi — In Bitcoin VR you can see real-time Bitcoin transactions fall from the sky in the form of gems you can grab a gem to see the transaction details or shoot them with a Bow and Arrow.”
The First Virtual Reality-Based Blockchain Explorer
Alongside walking around the Forest of Satoshi watching live Bitcoin transactions, users can also see Counterparty token transactions. This includes tokens like Pepe Cash from the Rare Pepe blockchain trading game introduced a few months ago. Bitcoin VR also incorporates a mini-game that involves pruning the chain with archery.
Bitcoin VR runs on Windows 10 operating systems, and the creators recommend around 8gb of memory for quality play time. The game’s transaction simulation environment is considered by developers to be the first virtual reality-based blockchain explorer.
Indiesquare games and the associated Counterparty tokens have become quite popular within the cryptocurrency community. Games like Spells of Genesis have done notably well last year, but a blockchain virtual simulator may be a different story.
What do you think about the Bitcoin VR simulator coming to Steam? Let us know in the comments below.
Images via Shutterstock, Bitcoin VR, and Pixabay.
Bitcoin Games is a provably fair gaming site with 99% or better-expected returns. Try it out here.
The post A Virtual Reality Simulator of the Bitcoin Blockchain Is Coming to Steam appeared first on Bitcoin News.
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Thursday, March 30, 2017
100% off LinkedIn Lead Generation: How to Generate High Quality Leads course coupon
Discover how to generate your ideal leads on LinkedIn, nurture them to build relationships and turn them into clients
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100% off Monster Truck Stunts – iTunes Connect And Amazon App Store course coupon
Guide To Reskin And Publish Monster Truck Stunts Game On iTunes Connect And Amazon App Store – Source Codes Included
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Master 7Search CPA With This Crash Course On Promoting CPA Offers With 7Search.
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Aprende a Crear un Negocio Online de Marketing de Afiliados con diferentes técnicas de Tráfico web y Redes Sociales
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En este curso de marketing o mercadeo de afiliados aprenderás desde cero y paso a paso desde lo más básicos hasta lo más complejo de este tipo de negocio online.
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El marketing de afiliados es un tema un poco reciente en el mercado de habla hispana, pero en el mercado de habla inglesa existe casi desde el origen y crecimiento de la internet. Yo tengo experiencia en el mercado de habla inglesa, y te mostraré las mejores técnicas de selección de productos, de cómo incrementar el tráfico web a tus productos y como aumentar las ventas por medio de entender mentalmente a los posibles compradores.
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Learn Git commands, Centralized and Distributed workflows with real time projects. Training for Web Developers
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Build a relationship with the LEAD PROMOTER who’s going to help cut the line
Infiltrate the Manager’s Table by developing a connection with the MANAGER
If you have been to a nightclub before, you know how it is. You have to wait for a long time to get in. If you don’t have to wait, the club probably isn’t poppin’. If you have to wait, it’s supposed to be worth the wait. But you and I don’t like waiting in line and we don’t like paying for cover either.
I am an average guy who is an introvert by nature. However, I realized that one gift that we introverts possess, is the ability to intimately connect with people. We may not want everyone’s attention but people actually feel comfortable when they are around you. So after learning that I could talk to strangers, I slowly found myself on this journey of becoming a local promoter for an organization that promoted at high end clubs and ultra lounges in NY, SF and LA. The techniques I’m teaching apply to clubs from exclusive 11pm-it’s-busy-club, to “in-crowd-focused” parties, asian american clubs, clubs with go-go dancers, exclusive parties, and other clubs.
I’m sharing all my insider knowledge in this 1 HOUR CONDENSED BEAT THE SYSTEM hour course where I teach you exactly what to say to a BOUNCER, PROMOTER and MANAGER at a nightclub. I will help you cut the line and skip the cover to get in for free. I’m a former nightclub promoter and an industry veteran who has been clubbing for the past 8 years. I hustled in college (graduated from a Top 20 School), promoted after school and partied into my late 20s.
I’ve learned to develop social skills and phrases that help me get into the most exclusive clubs. And it’s time to pass the baton and share my insights, exact phrases, tips, lingo, topic switchers and much more which will help you to RAPIDLY WIN the trust of the guardians of the club entrance and GAIN ACCESS to the club. Enjoy!
P.S. I have credited the photographers and the club venues for the pictures used in this course. Please visit their websites and clubs if you are planning to go that destination! I have a list of all the places/websites you can check out (it’s at the very last slide). If there is anything you would like me to remove, please specify the course number and duration (i.e., 0:13). Thank you!
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