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Crypto Consumer
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CryptoConsumer takes an unbiased approach towards educating the consumer on the Crypto Currency industry.
CryptoConsumer takes an unbiased approach towards educating the consumer on the Crypto Currency industry.

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It’s not all that surprising that Draper is interested in digital currencies since he has been a strong proponent of bitcoin and blockchain technologies since the early beginning. However, in a recent interview the venture capitalist stated his intent to take part in the ‘Initial Coin Offering’ (ICO) for Tezos, a new blockchain platform that is set to launch in late May. Read more below!

http://cryptoconsumer.co.uk/2017/05/tim-draper-invests-new-cryptocurrency/
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More and more investors have been pumping money into Bitcoin, Ethereum, OneCoin and other major cryptocurrencies

http://cryptoconsumer.com/investors-flock-cryptocurrencies/
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Recently, it has come to light that the Securities and Exchange Commission (SEC) has charged a man and the company he runs with fraud. The man, who hails from Texas, allegedly defrauded investors via a Ponzi scheme. While Ponzi schemes are certainly not anything new on the fraud front, this one was particularly unique in that it involved the virtual currency known as Bitcoin. This currency can be used online just like real money in the real world.


http://cryptoconsumer.co.uk/2017/06/sec-charges-texas-man-running-bitcoin-denominated-ponzi-scheme/
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For the majority of human history our financial lives have been regulated by a government-controlled currency, either through gold and silver coins or, more recently, paper notes that are backed by the issuing country. But back in 2008, a game-changer by the name of Bitcoin arrived on the scene. Bitcoin was the first so-called cryptocurrency. The European Central Bank described it as “…a type of unregulated, digital money, which is issued and usually controlled by its developers and used and accepted among the members of a specific virtual community.”

http://cryptoconsumer.com/guide-mining-cryptocurrency/
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The nascent Bitcoin digital currency is gaining acceptance rapidly with several large enterprises accepting purchases using this currency. The Sacramento Kings basketball team, overstock.com, and several casinos in Las Vegas are among these companies embracing its use.

http://cryptoconsumer.com/bitcoin-laundering-scheme/
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It’s hard to deny that Bitcoins and other similar cryptocurrencies have had an explosion of growth over the last couple of years. The availability of these alternatives to mainstream currency has made them much more popular among young people in certain social circles.

http://cryptoconsumer.com/bitcoin-bubble-cryptocurrency-supported-criminal-elements/
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