Chapter 918 Houlang
Don’t think it’s exaggerated to think that there are some West African civilians who have never been exposed to any digital coins and dare to exchange part of their savings into USDA...
Imagine those adults who didn’t know what blockchain and BitC were, but after being CXed, they spent a lot of money to buy a lot of worthless copycat coins. You will have an idea of the needs of ordinary people for wealth. Next, I have gained an understanding of my ability to accept new things.
Of course, USDA is different from those copycat coins. The "ambitious" Anchorage company will naturally not engage in such short-sighted fraud. The anchoring of USDA to the US dollar must be sustainable.
However, in this case, they have no control over the individual holdings of USDA. However, if USDA is used to transfer assets that escape supervision or for illegal transactions, then even if the current supervision of digital coins is not strict, the scale will reach a certain level. After that, it will inevitably attract the attention of international regulatory agencies headed by the United States, causing trouble for Anchorage.
After all, when ordinary users use KlarnaPay to exchange USDA, because KlarnaPay follows the KYC principle (KnowYouCustomer), users are required to perform real-name authentication, but it will be restrained in illegal transactions and money laundering.
However, if the transfer is purely done using Anchorage’s decentralized network (which is not completely decentralized and is confirmed by its 7 nodes distributed around the world), it will be difficult to distinguish the holder from others due to its anonymous nature. My own comparison.
However, this is also a characteristic of the decentralized blockchain, so unless Anchorage is forced to review by relevant agencies later, they will not easily change this.
Of course, as BitC becomes more and more famous and more people participate in its ecology, it is inevitable that countries will include it in supervision.
For example, on June 25, Mt.Gox exchange finally obtained a currency services license issued by the Financial Crimes Enforcement System (FinCEN) of the U.S. Department of the Treasury after multiple applications. For this reason, they need to report to FinCEN regularly.
More than a month ago, Mt. Gox has been targeted by the U.S. Department of Homeland Security. It is believed that users of the world's largest BitC exchange are involved in terrorist organizations for money laundering and asset transfer, and has threatened to use long arms. Jurisdiction to close their bank accounts...
After obtaining a license from the Financial Crimes Enforcement System of the U.S. Treasury Department, it also means that Mt. Gox needs to provide user information to the other party to avoid people being monitored and sanctioned, so as to escape the other party's targeted investigation.
There is no way, the United States is so strong, the Mt.Gox exchange was also targeted because of its high market share, and other BitC exchanges will inevitably suffer the same fate.
On June 27, Germany's "Le Monde" reported that the German government recognized BitC's legal and tax status, becoming the ninth country in the world to officially recognize BitC's legal status.
At the same time, the German government announced that holding BitC for more than one year will be tax-free.
Next, German banks including Deutsche Bank and Continental Bank will cooperate with BitC exchanges. They first reached cooperation with Mt.Gox exchange-Mt.Gox users can pay directly through these banks to purchase BitC.
It is worth mentioning that during the BitC Conference, with the investment of Matrix Capital, the BitC Foundation acquired a publication called "BitC Magazine".
"BitC Magazine" was created in September 2011 by 17-year-old Vitalik Buterin and Romanian programmer Mihai. It is mainly used to popularize science and promote BitC. It is an entity The online parallel publication has now accumulated approximately 500,000 readers.
As BitC enthusiasts, the two also participated in this BitC conference.
After the acquisition, "BitC Magazine" will continue to be run by Mihai, while 19-year-old Vitalik Buterin was born in Russia and has just entered Canada's third-ranked University of Waterloo to study computer science.
However, after attending this BitC conference, Vitalik Buterin saw BitC enthusiasts from all over the world gathering from all over the world to the Brita of Colo... After this "baptism", he saw the world's BitC Talik feels that BitC is “provoking something”.
"At that moment, I really exploded. I felt that this matter was very promising and I could try it!"
At this time, Vitalik's mind was full of BitC. He found that he could not take into account BitC research, writing, and studies at the same time. In addition, after selling "BitC Magazine", he had a certain financial foundation, so he decided to Devote yourself wholeheartedly to work in the BitC field.
So Vitalik made a decision-dropped out of the University of Waterloo and began to travel around the world, communicating and learning with BitC enthusiasts around the world.
Well, a few years later, Vitalik Buterin had another more widely known name - Buterin.
……
At the end of June, Magic City welcomed a group of young guests.
"Students, welcome to the Magic City of China. I am Walker Morton, the leader of your summer camp. You can call me Walker. I am now teaching at Aurora University. I hope you can face China in this month. Understand..."
In the welcome of this bright-looking British man who teaches at Aurora University, no matter what previous imaginations he had about China, this group of young men and women couldn't help but look at them with curious eyes. Before them, they saw China for the first time.
This time, a total of 50 college students from various universities in the UK came to China. They will take advantage of the summer vacation to conduct a one-month summer camp in China.
This summer camp activity is the first one this year and is part of the "British-Chinese College Student Exchange Activities" funded by the Devonshire Charitable Foundation.
The so-called "British-Chinese University Student Exchange Activities" refers to selecting a certain number of university students from the UK and China through voluntary registration to go to the two countries for a one-month "study tour".
All expenses during this period will be provided by the Devon Hill Charitable Foundation, whose purpose is to "enhance communication among the younger generation and eliminate misunderstandings"...
For this first event, the British side will first cooperate with several universities in Shanghai including Aurora University. British students who come to China will also visit these universities and travel around Shanghai and the surrounding areas to experience China. development and customs to deepen our understanding of China.
Chinese students who go to England will visit top universities in England such as Cambridge and Oxford after traveling in and around London.
It can be said that these students are the best young representatives of China and England. Such activities can also allow them to understand each other's real situation through personal experience.
If this event can be successfully held, then next year, the quota will be increased to 100 students from each side...
(End of chapter)