A new survey is in the daily cryptocurrency news, mostly because of its findings which show that even 60% of the respondents based in the United States think that cryptocurrencies like Bitcoin and other altcoins should be treated like fiat currency in political elections.
According to Clovr, which is the outlet that researched and surveyed 1,023 people, almost 60% of the voters answered that crypto and the US dollar should be treated the same while 21% of them said the very opposite.
“60 percent of eligible voters believed that it should be legal to donate cryptocurrency in federal elections under the same rules that apply to donations in U.S. dollars,” the research showed.
Even 63% of the voters identifying as Republicans said that crypto was secure enough to be deployed for political purposes – while 52% of them said the same. For the Independent voters, only 45% were reportedly comfortable with the donations in crypto.
Moreover, 73% of the respondents who were aware of digital currencies think that security was not an issue for political donations, while 23% expressed their concerns. When asked about their financial stability issues with crypto in politics, more than half of the Republicans (52%) said that crypto was stable enough, while the Democrats and Independents were 40% and 35% sure in that, respectively.
To sum things up, even 60% of the respondents said that crypto in political campaigns would increase the foreign interference in the US elections, where Democrats showed more concern than the other groups.
Where Does Bitcoin Cash (BCH) Stand The Day After The Fork?
“Even if the SV mining collation do catch up with ABC or if they manage to do hostile chain re-orgs, its highly unlikely BCash ABC users & investors will ever switch to follow SV. ABC users just need to be patient & wait it out. @CalvinAyre & the SV miners will eventually give up,” BitMEX wrote on Twitter, doubling down on Jonathan Bier’s pre-fork prediction that miners would ultimately abandon the BSV fork.Currently, people are wondering how does the BCH hard fork affect other projects such as Bitcoin. The good news here is that the fork has no effect on BTC other than making it even less likely that Bitcoin Cash (BCH) will overtake Bitcoin (BTC) and claim its mantle.
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‘Time May Be Right’ For Home Crypto Mining: Coinbase CTO
“The big difference with decentralized mining in 2018 is that there are now so many different coins and tokens out there that it’s almost certainly possible to make a profit – or at least mine a decent amount of some crypto – via a decentralized home mining device like Coinmine.”This is a notable perspective mostly because Srinivasan previously founded 21.co which was a startup that emerged from stealth in 2015 and had an ambitious plan to embed Bitcoin miners in everyday devices- which was then backed by Coinbase Ventures. Following the Coinmine announcement, Srinivasan wrote:
“The big difference with decentralized mining in 2018 is that there are now so many different coins and tokens out there that it’s almost certainly possible to make a profit – or at least mine a decent amount of some crypto – via a decentralized home mining device like Coinmine."As we can see from the above stated, the CTO of Coinbase seems optimistic about Coinmine's ability to add even more coins later, foreseeing a future where the company could play a key role in the launch of new tokens.
“I believe that decentralized mining is an important idea and worth trying again. It’s mining as Satoshi intended: many devices around the world with no single point of failure." Srinivasan concluded.
Crypto Exchange OKCoin Expands To Latin America, Launching A Fiat Market
"We’re aiming to grow throughout the region by bringing institutional and retail traders there an array of trusted trading options so they can buy and sell with confidence,” Buyn said following the official announcement.He also pointed that the Latin American market is extremely important for the exchange as it is for many crypto and blockchain industries.
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