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Next Step Mobile Surveillance: How You Walk, Your Heartbeat – Why Bitcoin Matters to Combat Government Privacy Invasion

Next Step Mobile Surveillance: How You Walk, Your Heartbeat – Why Bitcoin Matters to Combat Government Privacy InvasionIt may sound like something from a dystopian cyberpunk movie, but payment providers could soon be validating transactions by the way users walk, their heartbeat, veins, and more. Mastercard has recently revealed they “have been testing heartbeat, vein technology, and the way people walk to authenticate people.” The high tech proposal, designed to fight hackers and increase convenience, could be a serious issue for people viewing such measures as unnecessary and invasive, where Bitcoin solves many of the challenges facing online finance already.

Also read: Wikileaks Gathers $37M in BTC Since 2010 – Over $400K Sent After Julian Assange’s Arrest

Mastercard to Map Your Walk

Mega payments provider Mastercard recently revealed to financial news outlet Marketwatch that “We are working with transport organizations where your face or gait will authenticate you.”

While facial recognition software is becoming more and more widely utilized in security, and the field of biometrics continues to evolve rapidly, most everyday people still haven’t considered that something like their gait, or style of walking, could be a means of identification. The tech will ostensibly be able to utilize CCTV, amongst other means, for allowing services such as boarding of public transport.

The president of cyber and intelligence solutions for Mastercard, Ajay Bhalla, told the news outlet:

The way you hold your phone, which ear you use, and how your fingers touch the buttons are all unique to you. We have been testing heartbeat, vein technology, and the way people walk to authenticate people.

For those that think they’ll be able to outsmart this type of tech if it falls into the wrong hands or is abused, they may want to think again. As coronavirus fear grips China and residents are required to wear masks for protection, Chinese AI startup Sensetime has already announced the rollout of new tech which can read 240 facial key points, allowing identification of individuals even if they’ve donned a mask.

Source: Reuters

Demonizing and Ignoring Bitcoin

The Mastercard exec also told Marketwatch that “The world is changing at a fast pace. Hackers are figuring out how to attack individuals to get their credentials.”

This narrative of payments becoming increasingly electronic and the need for greater online security is not new. In fact, the United States Federal Reserve announced last summer they are developing a new, fast and secure payments system called Fednow. Federal Reserve Board Governor Lael Brainard stated at the time, “Everyone deserves the same ability to make and receive payments immediately and securely, and every bank deserves the same opportunity to offer that service to its community.”

The thing is, we’ve already got that. It’s called bitcoin. Not able to be hacked if stored non-custodially, and not subject to centralized censorship at a protocol level, Satoshi’s creation is one of the most secure payment networks there is. Further, transactions can be obfuscated for greater privacy.

The real issue at hand becomes apparent when a critical common thread between narratives from China, the Fed, and companies like Mastercard emerges: the promotion and cultural whitewashing of unmitigated, highly invasive surveillance.

Often, when solutions like bitcoin are presented as viable options to the authoritarian class, the response is the same: users of bitcoin are criminals, because who else would want to use money that isn’t centrally controlled? U.S. Treasury Secretary Steven Mnuchin has even gone as far as making the absurd claim that U.S. dollars are not used for criminal activity, stating:

I don’t think it’s been successfully done with cash. I’ll push back on that. We’re going to make sure that bitcoin doesn’t become the equivalent of Swiss-numbered bank accounts.

Anti-money laundering narratives have become the central focus for global financial regulators, and are putting more and more users of crypto out of business and out of wealth. All this when the latest report from state-connected blockchain forensics group Chainalysis shows that less than 1% of crypto usage centers on darknet market activity.

Contrasted with governments’ nasty track records of money laundering, drugs and human trafficking, debasement of currencies, and outright murder euphemized as ‘collateral damage’ in warfare — all financed mainly by the fiat shitcoin known as USD — bitcoin appears to be about as threatening as a toy poodle. It’s important to remember, though, that it does have teeth.

Regarding crypto’s threat to centralized systems like Fednow, former congressman from Texas, Ron Paul, remarked in August: “This will be bad for consumers and real-time entrepreneurs but good for power-hungry Federal Reserve bureaucrats who will no doubt use Fednow to help ‘protect’ the Federal Reserve’s fiat currency system from competition from crypto currencies.”

Why Bitcoin Matters to Fight Surveillance

Biometrics provides some great opportunities for security and convenience, affording free market actors cutting edge solutions for their businesses and everyday lives. When it comes down to brass tacks, however, less invasive payment solutions such as bitcoin are not favored by lawmakers, as they’ve stated explicitly that the decentralized and immutable nature of crypto threatens the very stability of the global economy itself.

According to a research opportunity posting from the U.S. Office of the Director of National Intelligence: “Many cryptocurrency enthusiasts predict that either a global cryptocurrency or a national digital currency could undermine the U.S. dollar … The U.S. should prepare for scenarios that threaten to undermine the U.S. dollar as the world reserve currency and determine how those scenarios could be overcome, protecting our status in the global economy.”

The real question about all the surveillance coming down the pike is an easy one. Namely, whether these measures will be voluntarily assented to, or whether they will be forced on people. For example, will someone still be able to open a bank account or board a train if they don’t want their vascular tissue analyzed? It’s an uncomfortable reality most don’t want to look at, but ultimately, when it comes to ensuring compliance the state has but one tool, and it ain’t reasoned verbal persuasion.

Bitcoin is very different from any Fednow service, digital Yuan, or Mastercard payment system because the user — and not some third party — controls it. That’s what really seems to get the goat of lawmakers. How far people will go to fight for this financial privacy bitcoin affords them remains to be seen, but let’s hope the shift is more of a philosophical one than is brutal.

What are your thoughts on Mastercard’s proposed verification systems? Let us know in the comments section below.

Op-ed disclaimer: This is an Op-ed article. The opinions expressed in this article are the author’s own. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the Op-ed article. Readers should do their own due diligence before taking any actions related to the content. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any information in this Op-ed article.


Images courtesy of Shutterstock, Reuters, fair use.


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The post Next Step Mobile Surveillance: How You Walk, Your Heartbeat – Why Bitcoin Matters to Combat Government Privacy Invasion appeared first on Bitcoin News.

Source: Bitcoin News

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MoneyGram Expands Ripple Partnership with $11.3 Million

According to SEC filings, MoneyGram and Ripple Labs are working together again in 2020

Source: CoinTelegraph

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Crypto News Updates

Anthony Pompliano Speaks to CNN about Warren Buffett and Bitcoin

Topics discussed during the interview included Warren Buffett’s position on cryptocurrency and Sweden’s new digital currency

Source: CoinTelegraph

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Crypto News Updates

Ethereum Still Coupled to Big Brother, Is ETH About to Crash Harder?

ethereum price

It was largely predicted that when bitcoin corrects, the altcoins will capitulate. That appears to be happening this week and Ethereum hasn’t escaped as it dumps almost 15% since the weekend.

Digital asset markets are in free fall today, since Monday over $30 billion has been dumped, with over half of that leaving the space in the past 24 hours.
From their 2020 peak above $300 billion total market cap has dumped over 15% to current levels and it looks like the pain is not over yet.
Ethereum Falling Fast
Bitcoin has corrected around 13% from its peak price this year which is a lot less than Ethereum’s losses. As predicted by Bitcoinist last week, the altcoins are capitulating as BTC corrects and fails to hold key support levels.
Since its 2020 high, ETH price has corrected 19% to current levels, hitting a low of $235 during Asian trading this morning. Over the past 24 hours the asset has dumped 11% from an intraday high of $265.
ETH price 1 hour chart – Tradingview.com
Three lower highs since mid-February have mirrored the action on bitcoin’s chart as Ethereum remains hopelessly coupled to its big brother still.
Analysts have also observed the correlation despite hopes that ETH would begin to move independently this year.
“So just understand that this is no reflection on #Ethereum and 100% tied to what $BTC does next. They have not been decoupled.”

So just understand that this is no reflection on #Ethereum and 100% tied to what $BTC does next. They have not been decoupled.
IF $BTC breaks down to $9150, then $ETH will test $225. pic.twitter.com/OLBeKW4aHz
— Satoshi Flipper (@SatoshiFlipper) February 25, 2020

At the time of writing BTC has broken down to this level and ETH is still falling so $225 could well be on the cards.
Zooming out shows a healthier picture with Ethereum prices still up 80% since the beginning of the year but this will only remain healthy if the pullback slows down. Any asset that has made such rapid gains is bound to correct harder and faster than slower moving ones and ETH has been on a roll this year.
There may have also been some liquidation from DeFi markets as the total amount of ETH locked has fallen to $2.8 million. The dollar value has also dumped below a billion but that is due to falling ETH prices.
Without pointing out the obvious, the past two months have been a mirror of the price action in June and July last year. The only negative at the moment is that overall high was lower this time around.
Bitcoin really needs to find support above its previous bottom of $6,500 in December for crypto markets to stabilize and a new rally to begin. Only then will Ethereum start to climb again.
Will ETH ever decouple from BTC? Add your thoughts below.
Source: Bitcoinist News

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Coinbase Releases its Plan for the Coronavirus Spread

The crypto exchange has offices in the United States, Japan, Ireland, and the United Kingdom

Source: CoinTelegraph

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Crypto News Updates

Wikileaks Gathers $37M in BTC Since 2010 – Over $400K Sent After Julian Assange’s Arrest

Wikileaks Gathers $37M in BTC Since 2010 - Over $400k Sent After Julian Assange's ArrestThe world was shocked when Wikileaks cofounder Julian Assange was arrested in April after being cooped up in the Ecuadorian Embassy in London since 2012. Following his arrest, the original Wikileaks bitcoin address saw significant support as $32,000 worth of BTC poured into the wallet in two days. Since 2010, Wikileaks’ address saw 4,043 BTC donated or around $37 million at today’s exchange rates. Moreover, Wikileaks has gathered over $400,000 in BTC donations since Julian Assange was taken into custody last spring.

Also Read: Tradeblock Estimates Post-Halving Mining Cost of $12,500 per BTC

Wikileaks Gathers Over $400K in Bitcoin Donations Since Julian Assange Was Taken Into Custody

Years ago, the U.S. government started an investigation on Wikileaks cofounder Julian Assange for computer-related crimes allegedly committed in 2012. However, Assange requested asylum at the Ecuadorian Embassy in London and Ecuador’s government allowed him to stay until 2019. A U.S. indictment charges Assange with conspiracy to commit computer intrusion during the Chelsea Manning investigation. Manning accessed classified government intelligence and it was subsequently published on Wikileaks. On April 11, 2019, the Ecuadorian Embassy in London was raided and he was charged with failing to show up to court. Assange also faces extradition to the U.S., but he remains in prison awaiting trial, which started on Monday. Assange is also accused of using the Ecuadorian Embassy to meet with Russian leaders and international hackers.

Wikileaks Gathers $37M in BTC Since 2010 - Over $400K Sent After Julian Assange's Arrest
Julian Assange the co-creator of Wikileaks being taken into custody on April 11, 2019. Since then, the nonprofit has gathered over $400K worth of BTC donations and Wikileaks has obtained $37 million worth of BTC (at today’s exchange rates) since 2010.

Immediately after Assange was arrested, BTC donations started pouring in and the Wikileaks donation wallet saw roughly $20K in BTC on April 11th alone. The following day, donations continued and that Friday Wikileaks accrued $32,000 worth of BTC donations. Wikileaks has recently started a new address and has asked people not to donate to the older address. The old address obtained approximately 4,043 BTC ($37 million) before the nonprofit organization shared a new address. The new Wikileaks BTC address has 6.76 BTC ($63K) on February 25 and people can also donate bitcoin cash (BCH), litecoin (LTC), ethereum (ETH), monero (XMR), and zcash (ZEC). Since the arrest last April, Wikileaks obtained over $400,000 worth of BTC including the 6.76 BTC donated during the course of last week.

The First Financial Blockade Against Wikileaks

Wikileaks has always been supported by the general public and cryptocurrency advocates have rallied for the website and Assange as well. Donations pay for “Wikileaks projects, staff, servers, and protective infrastructure.” In 2010, Wikileaks and Assange contemplated using bitcoin for donations after the U.S. government, Senator McCain, Senator Lieberman, Visa, Mastercard, Paypal, Amex, and Moneybookers created a financial blockade against the organization. In 2017, Assange tweeted that the 2010 financial blockade invoked “[Wikileaks] to invest in Bitcoin” and the nonprofit generated a “50,000% return” from those donations.

Wikileaks Gathers $37M in BTC Since 2010 - Over $400K Sent After Julian Assange's Arrest
Members of the U.S. government, Senator McCain, Senator Lieberman, and the payment networks Visa, Mastercard, Paypal, Amex, and Moneybookers all blocked financial transactions to Wikileaks in 2010. This is when Assange decided to have the organization accept BTC for donations. The specific address in this picture has changed since last week, and Wikileaks has asked the public to use the new one instead.

But when it was first announced in 2010, Satoshi Nakamoto and a few other bitcoiners were not too keen on Wikileaks using bitcoin for donations at that time. When someone said that the Bitcoin community should “bring it on” with Wikileaks, Nakamoto wholeheartedly disagreed. “No, don’t ‘bring it on.’ The project needs to grow gradually so the software can be strengthened along the way. I make this appeal to WikiLeaks not to try to use Bitcoin. Bitcoin is a small beta community in its infancy. You would not stand to get more than pocket change, and the heat you would bring would likely destroy us at this stage.” Nakamoto stated five days later on December 11, 2010:

It would have been nice to get this attention in any other context. WikiLeaks has kicked the hornet’s nest, and the swarm is headed towards us.

Wikileaks Gathers $37M in BTC Since 2010 - Over $400K Sent After Julian Assange's Arrest
Assange has always been a cryptocurrency proponent and he’s considered one of the earliest members of the cypherpunks from the eighties and nineties who helped promote cryptographic technologies.

Proof-of-Life, the Banking Blockade 2.0, and ‘Bitcoin Is the Real Occupy Wall Street’

Satoshi’s words didn’t stop Assange and Wikileaks from using bitcoin and a number of people believe that Wikileaks and the creation of the Silk Road marketplace helped propel bitcoin to new heights. The crypto donations strengthened Wikileaks as well, and in December 2017, the nonprofit suffered a second financial blockade. Assange told his Twitter followers a few times that month about the situation. He called it a “banking blockade 2.0” and Assange said U.S. intelligence was making it difficult for Wikileaks donors.

Assange suggested people should send cryptocurrencies instead and Wikileaks started accepting digital assets like zcash, monero, and litecoin. The Wikileaks founder has always supported bitcoin and a year before the banking blockade 2.0, people were concerned that Assange wasn’t alive because they hadn’t heard from him in a while. At the time, the Wikileaks editor-in-chief read the BTC blockchain hash of block 447506 during a recorded video. A number of people believe that the hash was read during the video to prove Assange was alive.

Wikileaks Gathers $37M in BTC Since 2010 - Over $400K Sent After Julian Assange's Arrest
The extradition hearing for Wikileaks founder Julian Assange began Monday, February 24, 2020, in London. American prosecutors want Assange, 48, brought to the U.S. to face charges of hacking conspiracy and releasing classified documents. James Lewis, the U.S. government’s lawyer in the case, told the court in London that Assange is not a journalist but merely a hacker who published unredacted classified information on multiple occasions.

A week before the banking blockade 2.0, Assange tweeted that “Bitcoin is the real Occupy Wall Street.” Crypto enthusiasts have been awfully kind to Assange over the years, donating more than $37 million worth of BTC since 2010, and over $400K in BTC donations since he was taken into custody last April. The website Assange created has given the world an inside look at how governments worldwide have committed crimes against humanity. Wikileaks has a treasure trove of logged data that explores controversial subjects like Guantanamo Bay, the Afghan War, the Iraq War, and shady government dealings. There’s a reason why governments want people like Assange and Edward Snowden silenced. However, Assange knew early on that governments cannot stop censorship-resistant money.

What do you think about the $37 million worth of BTC donations given to Wikileaks since 2010 and over $400K in BTC donations since he was taken into custody last April? Let us know what you think about this topic in the comments section below.

Disclaimer: This article is for informational purposes only. It is not an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.


Image credits: Shutterstock, Wikileaks, Wiki Commons, Pixabay, Fair Use, and Twitter.


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The post Wikileaks Gathers $37M in BTC Since 2010 – Over $400K Sent After Julian Assange’s Arrest appeared first on Bitcoin News.

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Germany’s Second Largest Exchange Adds New Bitcoin Trading Product

Boerse Stuttgart, Germany’s second-largest stock exchange, has added a new inverse Bitcoin Exchange Traded Product (ETP). This will be the first crypto ETP, called 21Shares Short Bitcoin ETP, which allows traders to short Bitcoin.

World’s first Bitcoin short product, will the halving leave investors rekt?
Boerse Stuttgart has just introduced a brand new investment product for institutional and retail traders, which will allow them to short Bitcoin. This is a first for the Bitcoin investment industry and the first short product available in the world.
The 21Shares Short Bitcoin ETP will be backed by the underlying asset at 1:1. It is the first Bitcoin financial instrument wrapped as an ETP with an International Securities Identification Number (ISIN) and Wertpapierkennnummer (WKN).
The underlying BTC will be custodied by an independent custodian with segregated accounts. 21Shares is approved by the SFSA, the Swiss Financial Supervisory Authority.
This means investors in Germany and other European markets can now get short exposure on BTC when the prices start to dump.
21Shares was formerly known as Amun AG, and they offer a full suite of ETPs which will be migrating over to the 21Shares brand. This Bitcoin Short ETP will be fully regulated under Swiss law.
As the world’s first Bitcoin Short ETP, with the current bullish hype surrounding the halving, it will be interesting to see what the response towards this product will be from investors.
Euro markets are innovating crypto, US markets stall
With the release of the new 5AML EU anti-money laundering guidelines, crypto businesses can no longer be discriminated against by banks. They will need to be treated the same as any other business.
European investors have been crying out for crypto-friendly regulation, we have seen quite a few EU nations introduce crypto-friendly policies, tax structures, and extend the olive branch to crypto startups. Crypto Valley in Zug, Malta, and Portugal, come to mind.
In the US, overzealous regulation and uncertainty about tax policy and regulatory enforcement have put a chill on the crypto industry. Startups have decided it is easier to jurisdiction shop and start in a friendlier and more well-defined climate.
Domestically both investors and entrepreneurs have pressured the SEC and IRS to issue clearer guidelines that are easier to comply with. This has led to certain new developments like Hester Pierce’s proposed safe harbor law, which has met mixed feedback from the crypto industry. Some wonder if it is too little, too late.
US regulators need to take a page from their European counterparts and relax the strict rules to allow for innovation. New investment products like the 21Short ETP are the type of crypto exposure investors are looking for on both sides of the pond.
Do you think Boerse Stuttgart’s new short Bitcoin ETP is bullish for the leading cryptocurrency? Add your thoughts below!

Images via Shutterstock
Source: Bitcoinist News

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Unity in Europe — DGen's Conclusion to Fueling Blockchain Innovation

Fragmented regulatory framework is the main obstacle for the flourishing blockchain industry in Europe

Source: CoinTelegraph

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Pompliano Says He Wouldn’t Buy XRP

Pompliano Says He Wouldn't Buy XRP

Anthony Pompliano, host of the “Off the Chain” podcast and co-founder of Morgan Creek Capital, said he would not buy XRP when asked in an interview with CNN’s Julia Chatterley. Pomp set Bitcoin apart from other blockchain projects and said XRP has nothing driving value that he could point to.

Pomp Shows No Love For Ripple’s XRP

Final question: If you couldn’t buy #Bitcoin, what would you buy?Final, final question: How much of your net worth is in $BTC? @APompliano gives his answers here 👇🏻 pic.twitter.com/2w6jnhJbJb
— Julia Chatterley (@jchatterleyCNN) February 25, 2020

Anthony Pompliano, co-founder of Morgan Creek Digital Assets and host of Off the Chain, spoke to CNN’s Julia Chatterley today, and pulled no punches when the anchor asked if he’d ever consider buying XRP or TRX.
Pomp flatly said no, without hesitation, to both crypto-assets and set Bitcoin apart from all other blockchain projects. He stated that he simply didn’t believe that they held the same value proposition as Bitcoin.
No, because I ultimately don’t think that they have the same value that these other assets have. My belief is that stocks – what gives them value? – GDP, revenue, profits etc. Everything that makes those valuable, that doesn’t change. You’re just changing the technology form factor of which you will buy that asset.
He continued,
All of these other assets that are ‘utility tokens’, either they’re utility in terms that they give you access to something so they’re not really an investment, or its more I get utility or some [better] service in exchange
Pompliano went on to explain that XRP, the token, and Ripple, the software company, are two very different investments. For example, Ripple labs has assets like xRapid, xCurrent, and XRP, as well as profits, cash flow, investments in Bitso, Moneygram, and other metrics used to give valuation. XRP on the other hand has nothing creating or driving its value other than price speculation.
Ripple the software company is different than XRP, the token. I think that part of the problem is that retail investors had believed that by buying XRP they have exposure to financial performance of Ripple. That’s obviously not true… If Ripple is successful that does not necessarily mean that XRP ends up being successful.
He added,
I as an investor actually want to own equity in the software company because there’s profits, there’s assets, revenues etc. I don’t want to own an asset that may or may not be there in the future and doesn’t have underlying utility or value driver that I can point to and say I have confidence that that’s going to last
Pomp went on to say that besides Bitcoin, he feels that tokenized securities are the second most interesting kind of crypto investments and that he sees a large future for tokenization of traditional assets.
Pomp has almost half his net worth in Bitcoin
Pompliano finished the interview segment by answering Chatterly’s questions about an earlier statement where he admitted to having half his net worth in Bitcoin. Pomp admitted he did have roughly half his net worth in Bitcoin even though he hadn’t recently crunched the numbers.
He went on to say he had even purchased more BTC since his public admission. At the beginning of the interview with Chatterley, the CNN anchor asked Pomp about the environmental impact of Bitcoin’s PoW mining.
Pompliano made an excellent case for mining being used by energy companies to capture renewable energy and profit from energy that would normally go to waste. He also brought up the fact that 70% of the energy used to mine BTC is renewable.
Bitcoin can create a more efficient energy market for these companies. He also pointed out that Bitcoin is the most secure computer network on earth, and that security is a valid expenditure of energy resources. This security is a key driver in Bitcoin’s position as a store of value.
Becoming a store of value is necessary before other monetary qualities like becoming a medium of exchange or unit of account can occur.
What do you think of Pomp’s XRP commentary? Let us know in the comments!

Images via Ripple Coin News, Twitter @jchatterleyCNN
Source: Bitcoinist News

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Ripple Partner Reports Loss In Q4 2019

Ripple XRP Moneygram

In a just-released earnings report, Ripple partner, MoneyGram, showed a USD $11.9 million loss for the fourth quarter of last year. This is the fifth consecutive quarter without a profit. Nevertheless, the company’s partnership with Ripple is set to open new sources of revenue.

REVENUE FROM RIPPLE PARTNERSHIP IS OBSCURED
Whereas there are many factors that are contributing to MoneyGram’s continued losses, the company has clearly been affected by the growing role of cryptocurrency in international remissions. Last year’s much-hyped partnership with Ripple indicated that the money transfer business had come to respect the power of blockchain assets, and intended to modernize its services.
Ripple XRP Moneygram
Interestingly, the Q4 report notes that after consulting with the U.S. Securities and Exchange Commission (SEC) the company will classify $8.9 million in revenue from its Ripple partnership as contra expense. This move, an accounting classification often taken to simplify tax returns, is almost certainly related to the unresolved question of whether or not XRP is a security. 
REMISSIONS MARKET CHANGING RAPIDLY
Analysts consider MoneyGram’s partnership with Ripple to be a smart move for the company. The cryptocurrency revolution has remissions squarely in its crosshairs. This step will enable MoneyGram to introduce new revenue streams as the traditional methods used to move fiat around the world begin to dry up.  
There are, nevertheless, greater challenges ahead. Notably, many other companies are now entering this sector. JP Morgan and IBM both have blockchain-based solutions in the works, and the Swift Network is aggressively exploring new options as well. Simply put, although Ripple and MoneyGram are in strong positions, they are about to experience substantial competition. 
Perhaps the greater long-term issue is the the borderless, decentralized architecture of blockchain assets. Mainstream crypto adoption could render traditional fiat currency, and thus MoneyGram, obsolete. There is no question that all players in this space have considered this possibility, which would represent a paradigm shift in the global economic structure.
A Q4 loss may be frustrating, yet MoneyGram can rest easy knowing that it is taking proactive steps to ensure a return to profitability. The company’s ability to adapt to greater changes ahead remains to be seen.
What do you make of Moneygram’s recent losses? Add your thoughts below!

Images via Shutterstock
Source: Bitcoinist News