Connie Gallippi: A Pioneer ... - Bitcoin & Co. Podcast

What are the advantages of digital cryptocurrency?

The world is becoming more and more economically unsafe.
“THE BLOCKCHAIN KEEPS EVERYONE HONEST, AND A WHOLE LAYER OF BANKING BUREAUCRACY IS REMOVED, LOWERING COSTS.” – PAUL VIGNA”
I am considering these five points are the pros of cryptocurrency.
Fraud:
Cryptocurerncies are digital and cannot be counterfeited or reversed arbitrarily by the sender, as with credit card charge-backs.
Identity Theft:
When you give your credit card to a merchant, you give him or her access to your full credit line, even if the transaction is for a small amount. Credit cards operate on a “pull” basis, where the store initiates the payment and pulls the designated amount from your account. Cryptocurrency use a “push” mechanism that allows the cryptocurrency holder to send exactly what he or she wants to the merchant or recipient with no further information
Read more on cryptocurrency on btcNewz.
Immediate Settlement:
Purchasing real property typically involves a number of third parties (Lawyers, Notary), delays, and payment of fees. In many ways, the bitcoin/cryptocurency blockchain is like a “large property rights database,” says Gallippi. Bitcoin contracts can be designed and enforced to eliminate or add third party approvals, reference external facts, or be completed at a future date or time for a fraction of the expense and time required to complete traditional asset transfers.
Access to Everyone:
There are approximately 2.2 billion individuals with access to the Internet or mobile phones who don’t currently have access to traditional exchange systems. These individuals are primed for the Crytocurrency market. Kenya’s M-PESA system, a mobile phone-based money transfer and micros financing service recently announced a bitcoin device, with one in three Kenyans now owning a bitcoin wallet. (Let me repeat that again. 1/3)
Lower Fees:
There aren’t usually transaction fees for cryptocurrency exchanges because the miners are compensated by the network (Side note: This is the case for now). Even though there’s no bitcoin/cryptocurrency transaction fee, many expect that most users will engage a third-party service, such as Coinbase, creating and maintaining their own bitcoin wallets. These services act like Paypal does for cash or credit card users, providing the online exchange system for bitcoin, and as such, they’re likely to charge fees. It’s interesting to note that Paypal does not accept or transfer bitcoins.
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BitCoin ONE Will Be Huge

How will cryptocurrency help you? This is in regards to BitCoin One:
Fraud: Individuals cryptocurrencies are digital and cannot be counterfeited or reversed arbitrarily by the sender, as with credit card charge-backs.
Immediate Settlement:Purchasing real property typically involves some third parties (Lawyers, Notary), delays, and payment of fees. In many ways, the bitcoin/cryptocurrency blockchain is like a “large property rights database,” says Gallippi. Bitcoin contracts can be designed and enforced to eliminate or add third party approvals, reference external facts, or be completed at a future date or time for a fraction of the expense and time required to complete traditional asset transfers.
Lower Fees: There aren’t usually transaction fees for cryptocurrency exchanges because the miners are compensated by the network (Side note: This is the case for now). Even though there’s no bitcoin/cryptocurrency transaction fee, many expect that most users will engage a third-party service, such as Coinbase, creating and maintaining their bitcoin wallets. These services act like Paypal does for cash or credit card users, providing the online exchange system for bitcoin, and as such, they’re likely to charge fees. It’s interesting to note that Paypal does not accept or transfer bitcoins.
Identity Theft: When you give your credit card to a merchant, you give him or her access to your full credit line, even if the transaction is for a small amount. Credit cards operate on a “pull” basis, where the store initiates the payment and pulls the designated amount from your account. Cryptocurrency uses a “push” mechanism that allows the cryptocurrency holder to send exactly what he or she wants to the merchant or recipient with no further information.
Access to Everyone: There are approximately 2.2 billion individuals with access to the Internet or mobile phones who don’t currently have access to traditional exchange, these people are primed for the Cryptocurrency market. Kenya’s M-PESA system, a mobile phone-based money transfer, and microfinancing service recently announced a bitcoin device, with one in three Kenyans now owning a bitcoin wallet. (Let me repeat that again. 1/3)
Decentralization: A global network of computers use blockchain technology to jointly manage the database that records Bitcoin transactions. That is, Bitcoin is managed by its network, and not any one central authority. Decentralization means the network operates on a user-to-user (or peer-to-peer) basis. The forms of mass collaboration this makes possible are just beginning to be investigated.
Recognition at universal level: Since cryptocurrency is not bound by the exchange rates, interest rates, transactions charges or other charges of any country; therefore it can be used at an international level without experiencing any problems. This, in turn, saves lots of time as well as money on the part of any business which is otherwise spent in transferring money from one country to the other. Cryptocurrency operates at the universal level and hence makes transactions quite easy.
There is no other electronic cash system in which your account isn’t owned by someone else.
Take PayPal, for example: if the company decides for some reason that your account has been misused, it has the power to freeze all of the assets held in the account, without consulting you.
It is then up to you to jump through whatever hoops are necessary to get it cleared, so that you can access your funds. With cryptocurrency, you own the private key and the corresponding public key that makes up your cryptocurrency address. No one can take that away from you (unless you lose it yourself, or host it with a web-based wallet service that loses it for you).
Overall, cryptocurrencies have a long way to go before they can replace credit cards and traditional currencies as a tool for global commerce.
Fact is, many people are still unaware of cryptocurrency aka Digital Currency. People need to be educated about it to be able to apply it to their lives. Businesses need to start accepting it They need to make it easier to sign up and get started.
The future appeal of cryptocurrencies lies in allowing you ultimate control over your money, with fast secure global transactions, and lower transaction fees when compared to all existing currencies.
When used properly and fully understood it would be the initiator of many emerging systems that will fundamentally change our global economic system.
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Video: Connie Gallippi on BitGive and Bitcoin Charity

Video: Connie Gallippi on BitGive and Bitcoin Charity submitted by ThrillerPodcast to thrillerpodcast [link] [comments]

Video: Connie Gallippi on BitGive and Bitcoin Charity

Video: Connie Gallippi on BitGive and Bitcoin Charity submitted by EpixDk to buyandsellbtc [link] [comments]

Video: Connie Gallippi on BitGive and Bitcoin Charity

Video: Connie Gallippi on BitGive and Bitcoin Charity submitted by n4bb to CoinPath [link] [comments]

Tony Gallippi (bitpay chairman) on Twitter: judging by the action in bitcoin cash (BCH) today it appears there is an appetite for bigger blocks and lower transaction costs. we shall see

Tony Gallippi (bitpay chairman) on Twitter: judging by the action in bitcoin cash (BCH) today it appears there is an appetite for bigger blocks and lower transaction costs. we shall see submitted by findus10 to btc [link] [comments]

I Tried to Get People to Give Away Bitcoin – And They Did – Connie Gallippi

I Tried to Get People to Give Away Bitcoin – And They Did – Connie Gallippi submitted by Leka213 to CryptocurrencyToday [link] [comments]

#135 Connie Gallippi – Ethical Innovations, Diversity and Inclusion in Tech.New episode on The Grey Ave Podcast with Connie Gallippi. She is the Founder and Executive Director of Bitgive, the first government recognized Bitcoin non-profit organization. This podcast is brought to you by Divi.

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#135 Connie Gallippi – Ethical Innovations, Diversity and Inclusion in Tech.New episode on The Grey Ave Podcast with Connie Gallippi. She is the Founder and Executive Director of Bitgive, the first government recognized Bitcoin non-profit organization. This podcast is brought to you by Divi.

#135 Connie Gallippi – Ethical Innovations, Diversity and Inclusion in Tech.New episode on The Grey Ave Podcast with Connie Gallippi. She is the Founder and Executive Director of Bitgive, the first government recognized Bitcoin non-profit organization. This podcast is brought to you by Divi. submitted by greyjabesi to Crypto_Currency_News [link] [comments]

Gallippi of Bitpay: The #bitcoin market just needs a little GREASE to get unstuck. #Grexit price targets $610 and $1250

Gallippi of Bitpay: The #bitcoin market just needs a little GREASE to get unstuck. #Grexit price targets $610 and $1250 submitted by IsItFlowing to Bitcoin [link] [comments]

I Tried to Get People to Give Away Bitcoin – And They Did – Connie Gallippi

I Tried to Get People to Give Away Bitcoin – And They Did – Connie Gallippi submitted by Hellterskelt to bitcoin_is_dead [link] [comments]

I Tried to Get People to Give Away Bitcoin – And They Did – Connie Gallippi

I Tried to Get People to Give Away Bitcoin – And They Did – Connie Gallippi submitted by ososru to Bitcoin4free [link] [comments]

Tony Gallippi of BitPay: [NYA signers] represent probably 60%, maybe 80%, of all transactions on the bitcoin network ... [users] just want their transaction to work ... [they] have likely never run a full node and have no reason to. <- So PayPal 2.0 it is?

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I Tried to Get People to Give Away Bitcoin – And They Did – Connie Gallippi

I Tried to Get People to Give Away Bitcoin – And They Did – Connie Gallippi submitted by Rufflenator to 3bitcoins [link] [comments]

Arthur Levitt on Twitter: ""I expect triple digit growth for #bitcoin for some time." Digital currency expert Tony Gallippi, CEO of @BitPay, today @Bloombergradio"

Arthur Levitt on Twitter: submitted by Demotruk to Bitcoin [link] [comments]

For the sponsorship of Bitcoin Bowl, BitPay paid ESPN in Bitcoin, Tony Gallippi confirmed today

For the sponsorship of Bitcoin Bowl, BitPay paid ESPN in Bitcoin, Tony Gallippi confirmed today submitted by halfbreedpsycho to Bitcoin [link] [comments]

Tony Gallippi on Twitter: "Today @BitPay released our amazing multisig #bitcoin wallet Copay, available in all app stores. https://copay.io/ "

Tony Gallippi on Twitter: submitted by ajsingh007 to Bitcoin [link] [comments]

BitPay Co-Founder Tony Gallippi says businesses should understand Bitcoin technology before accepting the cryptocurrency

BitPay Co-Founder Tony Gallippi says businesses should understand Bitcoin technology before accepting the cryptocurrency submitted by ivanraszl to Bitcoin [link] [comments]

Tony Gallippi on Twitter: "#bitcoin above 715 is excessive. I am taking some profits."

Tony Gallippi on Twitter: submitted by UberSatoshi to Bitcoin [link] [comments]

BitPay Cofounder Tony Gallippi Talking Bitcoin & Bitcoin Bowl on Bay News 9

BitPay Cofounder Tony Gallippi Talking Bitcoin & Bitcoin Bowl on Bay News 9 submitted by teelm to Bitcoin [link] [comments]

Tony Gallippi Delivering Financial Services to the Bitcoin Ecosystem

Tony Gallippi Delivering Financial Services to the Bitcoin Ecosystem submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Tony Gallippi – Delivering Financial Services to the Bitcoin Ecosystem

Tony Gallippi – Delivering Financial Services to the Bitcoin Ecosystem submitted by Blawpaw to Bitcoin [link] [comments]

Bitcorati Interview Series : Anthony Gallippi - Co-Founder & CEO, BitPay The Crypto Show: Connie Gallippi of BitGive and Paul Sztorc of TruthCoin info Connie Gallippi of BitGive @ SF Bitcoin Meetup Gallipoli

That’d be worth millions right now. Conclusively, Charlie is one of the richest bitcoin owners. 10. Tony Gallippi. On the list for the richest bitcoin owners, Tony stands tenth. Tony Gallipi net worth is over $20 million. Often considered to be one of the major owners of bitcoins is a prominent business magnate Tony Gallippi. He’s the man behind BitPay, one of the world’s most famous ... Connie Gallippi is the Founder and Executive Director of BitGive.In May 2013, she founded BitGive, the first government recognized Bitcoin 501(c)(3) nonprofit and pioneer organization leveraging Bitcoin and Blockchain technology via practical applications for humanitarian work in the developing world.Under her leadership, BitGive has built a positive philanthropic representative organization ... Connie Gallippi is yet another example of an accomplished professional who discovered Bitcoin, fell down the rabbit hole, and decided to pursue a new life in which her skills and knowledge generate sa Video: Connie Gallippi on BitGive and Bitcoin Charity Bitcoin Magazine’s first coverage of BitGive appeared in July 2013 and included an interview with Gallippi — albeit a much shorter one than the video above represents. In the years that have passed, the bitcoin-powered charity has managed to support multiple humanitarian causes around the world. Some of the best known cases include the ... Gallippi was invited by the US Senate to speak about bitcoin and the financial market in November 2013. He stated that the credit card industry cost the United States around $20 billion each year as a result of fraud. During the same year, Gallippi featured at Bitcoin 2013, where he discussed the fall in bitcoin price during that year.

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Bitcorati Interview Series : Anthony Gallippi - Co-Founder & CEO, BitPay

This video is unavailable. Watch Queue Queue. Watch Queue Queue Tony Gallippi, BitPay - The European Bitcoin Convention - 2013 Amsterdam Recorded By IamSatoshi http://www.iamsatoshi.com/liberty-haze-european-bitcoin-conve... http://bitcoin.org l On December 15, 2012, activist group Truth, Freedom, Prosperity hosted the East Coast Bitcoin Summit at Underground Arts in Philadelphia... This is a video from SXSW 2014 featuring Tony Gallippi Co-Founder and CEO of BitPay. BitPay is an automated payment processing system for the Bitcoin currency. It enables online merchants to ... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

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