The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label payment. Show all posts
Showing posts with label payment. Show all posts

Saturday, May 20, 2017

Bitcoin growing as a currency as UK company to use it as payment at 27 airports

One of the biggest debates in recent weeks as the value of Bitcoin skyrockets to nearly $2000 per coin is whether the crypto-currency is really a medium of exchange, or simply a security that allows one to store their wealth in a decentralized digital wallet.  And while the argument has been strongly on the side of it being a security thanks to Chinese and Japanese investors using it simply as a way to find an alternative to their own devaluing currencies, on May 19 a British company is pulling Bitcoin back onto the currency side of the ledger by allowing its use at all 27 UK airports for extraneous payments such as short and long-term parking.

SkyParkSecure, an airport parking provider in the United Kingdom, is now accepting bitcoin for payments at a number of airports across the region in cities including London, Liverpool, Glasgow and Belfast. 
Are you a frequent flier in and around the UK? A parking provider will now take your bitcoin. SkyParkSecure will automatically convert the fiat pricing of a parking ticket into Bitcoin for quicker and seamless payments directly from your cryptocurrency wallet. 
Based in the North-West of England in Blackpool, SkyParkSecure doesn’t own or operate car parks but acts as a booking platform for airport parking and a host of other travel services including hotels and lounges. The parking provider claims to have facilitated over 1.6 million bookings on its website and ropes in customers with discounted rates. 
Now, SkyParkSecure has laid claim to becoming the first independent UK travel company to accept bitcoin for airport parking. - Crypto Coin News

Sunday, April 2, 2017

Japan in process of setting framework to make use of Bitcoin and other crypto-currencies legal

In late March Japan's Accounting Standards Board began investigating and formulating the regulatory framework on how to integrate Bitcoin and other crypto-currencies into their monetary system.

Building upon legislation that legalized the use of crypto-currencies as far back as 2016, Japan is the largest economy to date to fully accept de-centralized digital currency, albeit with a demand for stringent regulatory oversight to ensure proper taxation, money laundering avoidance, and to protect against the potential of another Mt. Gox incident within Bitcoin exchanges.

Image result for bitcoin yen
New legislation authorizing digital currency as a legal payment method has come into force in Japan. 
The text of the law was released by Japan’s Financial Services Agency on March, 24.
Earlier this week, the Accounting Standards Board of Japan said that it would begin work on the creation of a framework to help understand how digital currency would be dealt with in the accounting sector. The process is expected to take six months, according to Nikkei.  
Big business is especially concerned; since the country has failed to provide guidelines regarding the accounting process when dealing with cryptocurrencies. 
“There is a risk that companies that hold virtual currency could turn out to have distorted valuations or that huge losses surface suddenly,” Chikako Suzuki, partner at PricewaterhouseCoopers Aarata, told Nikkei Asian Review.
Around $1.7 billion of cryptocurrency, including bitcoin, Ripple, Litecoin and others, was in circulation across Japan two years ago. The 2020 projection is set to be at $9 billion, according to a Fuji Chimera Research Institute study. 
The set of measures, that now has come into force, was drafted as far back as 2015 and passed in 2016 after a year of negotiations. Uncertainty over the legal status of virtual currency was stirred after a multi-million dollar embezzlement scandal and the collapse of the Tokyo-based Mt.Gox Bitcoin exchange. - Russia Today

Sunday, April 26, 2015

J.P. Morgan Chase accelerates war on cash by disallowing customers to keep money in safety deposit boxes

First it was a policy of reporting anyone who deposits or withdrawals more than $10,000 in cash.  Then a chief economist from Citigroup calls for the abolishment of cash entirely.  And now on April 21, J.P. Morgan Chase is unlawfully enacting a new policy where customers cannot store cash in their safety deposit boxes, nor will the bank allow customers to use cash to pay on debts such as credit cards, mortgages, equity lines, and auto loans.
There is a war on cash going on in the U.S. banking system, and at the heart is the desperate need for the financial system to go entirely electronic since manipulation of the monetary system can only be fully employed if the banks no longer need physical money on deposit or onsite.
 
Read more on this article here...