Les dons de bitcoins à la marine russe augmentent après l’emprisonnement du chef de l’opposition

L’adversaire de Poutine a reçu 3,7 bitcoin la semaine dernière, triplant ainsi le montant récolté au cours des deux premières semaines de 2021.

L’impasse entre le président russe Vladimir Poutine et son principal adversaire, Alexey Navalny, a atteint un nouveau niveau la semaine dernière – tout comme les dons de bitcoin au dissident.

Navalny, un homme politique russe et critique de Poutine, est également un collecteur de fonds de bitcoin réussi en Russie, ayant reçu 657 BTC en dons au cours des cinq dernières années. Le rythme des dons s’est accéléré la semaine dernière, après que Navalny ait été arrêté à Moscou et que son équipe ait publié un rapport d’enquête décrivant une propriété luxueuse de 168 hectares avec un palais qui appartient vraisemblablement à Poutine.

Les dons de bitcoins ne sont pas très répandus en Russie, seule une poignée d’organisations à but non lucratif collectant des fonds par cryptage.

Parmi elles, la campagne de collecte de fonds de Navalny semble être la plus efficace, mais même dans ce cas, les Crypto Trader ne représentent pas plus de 10 à 15 % de l’ensemble des dons.

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Dans la semaine qui a suivi l’arrestation de Navalny, son portefeuille a reçu près de 3,7 CTB, d’une valeur d’environ 119 600 dollars au moment de la mise sous presse, soit près de trois fois plus que pour les deux premières semaines de janvier. C’est aussi beaucoup plus que le montant des dons que le portefeuille a reçus sur toute l’année 2020, a calculé le crypto-communicateur Protos.

„Les dons de bitcoin et de fiat ont augmenté après la publication de l’enquête et l’arrestation de Navalny, et la part de bitcoin a un peu augmenté en raison de quelques dons importants“, a déclaré Leonid Volkov, qui coordonne le travail du réseau de volontaires de Navalny à travers la Russie. Selon Volkov, l’une de ces grosses donations, d’un bitcoin entier, est venue d’Evgeny Chichvarkin, un millionnaire russe en exil et ami de Navalny. Chichvarkin n’avait pas encore retourné les demandes de commentaires du CoinDesk au moment de la mise sous presse.

Des dizaines de milliers de Russes sont descendus dans la rue pour protester contre l’arrestation de Navalny lors de ce qui est devenu le plus grand rassemblement de protestation dans le pays depuis presque une décennie. Plus de 3 000 personnes ont été arrêtées à la date du samedi 23 janvier.

Selon la loi russe actuelle, tous les rassemblements de rue doivent être sanctionnés par les autorités ; en conséquence, presque aucun n’est jamais autorisé. Ces dernières années, un certain nombre de manifestants ont été détenus et emprisonnés pour avoir mené des manifestations pacifiques, ce qui a dissuadé de nombreux Russes de participer à de telles activités jusqu’aux rassemblements du 23 janvier.

Un retour difficile

Le soutien à Navalny, ainsi que l’indignation publique concernant son traitement par les autorités russes, n’ont cessé d’augmenter depuis son retour d’Allemagne, où il a passé plusieurs mois à se rétablir après avoir été empoisonné avec un agent neurotoxique de qualité militaire, Novichok.

Peu après qu’il se soit réveillé d’un coma provoqué médicalement dans la clinique Charite à Berlin, l’équipe de Navalny, avec Bellingcat et CNN, a publié une enquête désignant les officiers du FSB (service secret) russe qui auraient organisé l’empoisonnement.

Dissidents de Bitcoin : Ceux qui en ont le plus besoin

Navalny a également annoncé qu’il retournerait en Russie après sa guérison. L’agence russe de surveillance des prisons a alors demandé que la libération conditionnelle de Navalny soit révoquée et qu’il soit envoyé en prison pour une affaire pénale de 2015 qui a été annulée par la Cour européenne des droits de l’homme en 2017.

Lors de son voyage de retour à Moscou, Navalny a été suivi par de nombreux médias qui ont retransmis son voyage minute par minute, alors que l’avion quittait Berlin pour se rendre à Moscou le dimanche 17 janvier. Après avoir atterri à l’aéroport de Sheremetyevo, Navalny s’est rendu à la zone de contrôle des passeports et y a été arrêté. Après une audience au tribunal, organisée dans un commissariat de police où aucun journaliste indépendant n’était autorisé à entrer, Navalny a appelé à des manifestations de rue.

Navalny a été condamné à 30 jours de prison. Volkov a annoncé que de nouveaux rassemblements de protestation auront lieu le 31 janvier et le 2 février.

Harvard, Yale, Brown Endowments han estado comprando Bitcoin durante al menos un año: fuentes

Las donaciones universitarias que respaldaron los VC de blockchain en 2018 han comenzado a comprar criptomonedas directamente de Coinbase.

Harvard, Yale, Brown Endowments han estado comprando Bitcoin durante al menos un año: fuentes

Algunos de los fondos de donación universitaria más grandes de los EE. UU. Han estado comprando criptomonedas en silencio durante el último año a través de cuentas en Coinbase y otros intercambios, según ha aprendido CoinDesk.

Según dos fuentes familiarizadas con la situación, Harvard, Yale, Brown y la Universidad de Michigan, así como varias otras universidades, han estado comprando criptomonedas directamente en los intercambios. (Varias donaciones de la Ivy League se interesaron en la tecnología blockchain a través de fondos de capital de riesgo centrados en criptografía en 2018).

„Hay bastantes“, dijo una fuente que pidió permanecer en el anonimato. „Muchas donaciones se están asignando un poco a las criptomonedas en este momento“.

Yale y Brown no respondieron a las solicitudes de comentarios al cierre de esta edición. Cuando fue contactado por CoinDesk, las donaciones de Harvard y la Universidad de Michigan declinaron hacer comentarios. Coinbase también se negó a comentar. Las donaciones universitarias obtuvieron una sola mención en el informe anual de Coinbase para 2020, pero sin nombrar ningún nombre.

Algunos de los fondos de donaciones universitarias en cuestión pueden haber tenido cuentas con Coinbase durante hasta 18 meses, según una fuente

“Podría ser desde mediados de 2019”, dijo la fuente. “La mayoría lo ha estado en al menos un año. Creo que probablemente lo discutirán públicamente en algún momento de este año. Sospecho que estarían sentados en algunos buenos tramos de retorno „.

Las donaciones universitarias son fondos comunes de capital acumulados por instituciones académicas, a menudo en forma de donaciones caritativas. Estos fondos, que apoyan la docencia y la investigación, pueden asignarse a varios activos con fines de inversión.

Harvard es la mayor dotación universitaria con más de $ 40 mil millones en activos. Yale tiene más de $ 30 mil millones, Michigan tiene alrededor de $ 12,5 mil millones, mientras que Brown tiene $ 4,7 mil millones. Se desconoce cuánto ha asignado cada fondo en criptografía, pero es probable que sea una fracción del porcentaje de sus activos totales.

Largo camino

En 2018, el director de inversiones de la Universidad de Yale, David Swensen, ocupó los titulares al respaldar dos fondos de riesgo centrados en cripto, uno dirigido por Andreessen Horowitz y otro lanzado por el cofundador de Coinbase Fred Ehrsam y el ex socio de Sequoia Capital Matt Huang.

Varias otras universidades siguieron a Yale en el respaldo de VC criptográficas, incluidas Harvard, Stanford, Dartmouth College, MIT, University of North Carolina y Michigan . Claramente, algunas de esas escuelas parecen estar dando el siguiente paso al invertir directamente en activos criptográficos.

La segunda fuente, que está involucrada en el mundo de los fondos de cobertura de cifrado, señaló „un gran cambio“ en los últimos meses. “Vemos que los planes de pensiones de beneficios definidos se acercan a realizar asignaciones. Vemos que los planes públicos de pensiones se acercan a realizar asignaciones ”, dijo la persona.

„Si hubiera escuchado eso hace tres años, habría dicho que estaba mal“, dijo Ari Paul, cofundador de BlockTower Capital y anteriormente gerente de inversiones de la Universidad de Chicago. “Pero muchas instituciones ahora se sienten cómodas con bitcoin . Lo entienden y pueden comprarlo directamente, siempre que sea de una entidad regulada como Coinbase, Fidelity o Anchorage „.

Il prezzo del bitcoin che supera i $ 300.000 „ non sarebbe strano “, afferma il popolare analista di crittografia

Il popolare trader e analista di criptovalute Michaël van de Poppe ha rivelato di ritenere che il prezzo del bitcoin potrebbe arrivare a $ 300.000 in questo ciclo rialzista, sulla base dei confronti tratti dalla bolla delle dot-com.

In un video pubblicato di recente, individuato per la prima volta dal Daily Hodl , l’analista di criptovaluta ha detto ai suoi 20.000 abbonati che crede che la criptovaluta potrebbe superare i $ 200.000 a breve termine sulla base della „psicologia umana o psicologia del mercato e cicli di mercato“.

Ha aggiunto che tornando indietro nella storia, coloro che si aspettavano una corsa al rialzo di BTC nel 2015 e nel 2016 „non avrebbero mai morso un livello di prezzo di $ 20.000 per bitcoin“, che è stato raggiunto alla fine del 2017.

Van de Poppe ha aggiunto che i mercati tendono ad essere irrazionali quando si attraversa un ciclo di boom

Indicando il prezzo delle azioni Apple (NASDAQ: AAPL) come esempio, ha detto che AAPL ha continuato a crescere di prezzo dalla bolla delle dot-com. La capitalizzazione di mercato di Apple è ora di oltre $ 2 trilioni, rendendola la società più preziosa al mondo, seguita da $ 1,65 trilioni di Microsoft (NASDAQ: MSFT).

L’analista ha affermato che una volta che „qualcosa inizia a funzionare“, è probabile che la paura di perdersi si imposti e il prezzo di quell’asset verrà spinto verso l’alto, come in effetti abbiamo visto anche nella recente corsa di bitcoin. Il prezzo di BTC è passato da $ 10.000 a un nuovo massimo storico sopra $ 40.000 prima di subire una correzione, ha detto, senza picchi significativi in arrivo.

L’attuale correzione, ha detto, dovrebbe essere di circa il 30% e ha detto che saremmo scesi verso il livello da $ 26.000 a $ 28.000 prima di riprenderci

Sulla base della crescente adozione e consapevolezza, ha aggiunto, BTC potrebbe arrivare a $ 300.000.

Bitcoin a $ 300.000 tra qualche anno non sarebbe strano se lo confrontassi con l’hype delle dot-com e il ciclo che avevamo allora.

Van de Poppe ha paragonato il mercato delle criptovalute alla bolla delle dot-com, sottolineando che la bolla delle dot-com „era compresa tra $ 10 e $ 12 trilioni“, il che metterebbe BTC a $ 200.000 anche supponendo che il suo dominio sul mercato fosse compreso tra il 40% e il 50%.

Ripple price suffers while XLM price skyrockets 40% due to Ukrainian partnership

The XLM price is currently benefiting from Stellar’s announcement of a partnership with the Ukrainian government, joining the ranks as the latest entrant in the potential 2021 altcoin season.

Stellar (XLM) is winning the blockchain payment network battle against Ripple this week as sentiment turns in its favor.

Data from monitoring resource The TIE confirms that long-term sentiment toward XLM is significantly more positive than toward XRP. XRP is Ripple’s native currency, even though the company has always taken great pains to clearly differentiate itself from it. Without success, as current events show and it is undeniable that Ripple is by far the largest shareholder in XRP. This is exactly what doomed the company, but one man’s misfortune could be another man’s good fortune.

XLM sentiment surpasses XRP’s.

The numbers serve as the latest warning to XRP investors, who have watched in dismay as legal problems for Ripple in the United States caused the XRP price to plummet by over 60%.

Prior to the legal ramifications for the company, XRP sentiment was still at an all-time high. However, as of yesterday, January 5, TheTIE’s long-term sentiment score for XLM was above 70, while the score for XRP dipped below 70.

Ukraine deal boosts XLM into 2021 altcoin season.

Stellar received a boost this week in the form of a high-profile partnership with the government of Ukraine, under which it will help lawmakers digitize the national fiat currency, the hryvnia.

XLM/USD began to rise in response, rising 30% to $0.176 on Tuesday, approaching its highest level since November 2018, with last week’s transaction figures already hitting new record highs. The MACD indicator also signaled a change in trend, while the XLM price gained 46.1% in 3 days.

While it remains unclear to what extent the XLM token will be included in the solutions for Ukraine, Stellar executives have confirmed that the payment system will be an important part of the deal. Denelle Dixon, CEO and Executive Director of Stellar Development Foundation, wrote in a press release:

We look forward to working with the Ministry and other stakeholders to digitize the hryvnia, bring Stellar-based tools and services to the people and businesses of Ukraine, and open up new partnership opportunities in Ukraine for companies in the Stellar ecosystem.

If the native currency XLM is indeed included in the deal, it would certainly be a remarkable use case and a great success story in the cryptocurrency space.

Ripple revurderer USAs utgang, planer om å overvåke forskrifter under Biden Admin

Ripple sier at det holder pulveret tørt når det gjelder rapporter om selskapets plan om å forlate USA blant ugunstige regler. Blockchain-firmaet og majoritetsinnehaveren av XRP-kryptovalutaen fortsetter å være i sentrum for juridiske tvister om hvorvidt distribusjonen av kryptoen utgjør salg av ulisensierte verdipapirer.

Ripple Adopting ‚Wait and See‘ tilnærming til sine amerikanske avgangsplaner

I et intervju med CNNs Julia Chatterley, bemerket Ripple-sjef Brad Garlinghouse at selskapet venter på å se hvilke endringer den innkommende Biden-administrasjonen vil gjøre med hensyn til kryptovilkår før de bestemmer seg for å flytte ut av USA. Som tidligere rapportert av BTCManager har Ripple visstnok blitt frustrert over det regulatoriske klimaet i landet og mullret et trekk utenlands med Japan og Singapore som sannsynlig omplasseringskandidater.

I en kommentar til saken bemerket Ripple-sjefen at han håper den innkommende Biden-administrasjonen vil levere politiske endringer som gir mer klarhet i amerikanske kryptovilkår. Ifølge Garlinghouse er det allerede indikasjoner på at klimaendringsledelse utgjør en stor del av fremtidige krypto- og økonomireguleringer.

Tilbake i november forutsa Ripple-sjefen at Bitcoin (BTC) holdingselskaper vil komme under økt kontroll fra Biden-administrasjonen på grunn av bekymringer for styring av klimaendringer. Regulatorer i Storbritannia arbeider også med større vekt på grønn økonomi, selv når landet navigerer i begynnelsen av tiden etter Brexit. Som en del av sitt engasjement for grønn økonomi lanserte Ripple i oktober en fornybar energibasert betalingsløsning kalt EW Zero.

Foreløpig er Garlinghouse fortsatt en stor kritiker av det nåværende amerikanske kryptoregulerende klimaet. Som en del av intervjuet avslørte Ripple honcho at rundt 95% av selskapets kunder er basert i utlandet. I følge Garlinghouse er den begrensende og forvirrende karakteren av amerikanske kryptokurrencybestemmelser kvelende for videre deltakelse fra potensielle investorer.

Ripple-sjefen la til at den nåværende situasjonen setter amerikanske krypto- og blockchain-selskaper i en ulempe når det gjelder å konkurrere med internasjonale selskaper. Garlinghouse hentydet til Kinas kontroll over 65% av den globale Bitcoin-hash-distribusjonen som et av nedfallene fra restriktive amerikanske lover.

Garlinghouse er en av mange amerikanske crypto-interessenter for å ha dette synet, da noen børser til og med har blitt tvunget til å geofence spesifikke tokens for å forhindre at det løper med verdipapirregler i landet.

Scammer tries to extort Bitcoin, threatens to break into house and becomes a joke

In a coup made by e-mail, the scammer threatened „to give $ 500 to be able to leave the victim in peace“, the origin of the coup can be Ledger’s leak.

E-mail scams are very common in the cyber environment. From the old schemes that shared different viruses disguised as „Pictures of Our Party“, to more recent scams that use the pandemic as the main way to threaten people. Recently a new threat campaign was unveiled that asks people to make a payment in Bitcoin Profit to avoid being the victim of a home invasion, but some details made the threat become a joke.

Reported by one of the recipients of the message, the coup starts by calling the user by name (properly censored in the image below), and alerting that he knows that the person has cryptomoedas.

„Hi, I recently found out that you have several cryptomoks, I also live in [name of the censored city] and I also know that you live in [censored address].

I’m not afraid to break into your house, I don’t want to make it any harder than it needs to be“.

Note from criminal to victim. Note that English is well suffered with several mistakes that indicate that the creator of the coup does not have English as his primary language.

The criminal keeps making threats, saying that he will break into the victim’s house and assault him, or else take some opportunity to steal from him.

„If you don’t pay I will show up when you least wait and see how my wrench works, or maybe even wait for you to go to work and rob your house when you are not there to call the police.

„I’m offering you $500 to leave you alone.

Despite the threat that could worry some people, the „criminal“ turned out to be a joke when he made the „request for money“ not to assault the victim.

Because of the English he suffered, or simply because of a lack of cognitive ability, the scammer wrote „I am offering you $500 to leave you alone“ or instead of asking $500 from the victim (in Bitcoin). Of course, this turned out to be a joke in Reddit’s own comments.

Sounds like a great deal to me! I would take the money“.
Comment on Reddit making a joke about blackmail pitifully done.

„US$ 500 is very little, it asks for US$ 1 thousand“, commented another user.

The creator of the post himself, and recipient of the email joked with the situation, when they suggested that he send his cryptomeda receiving address the Reddit user replied: „I should … they said they are offering me $ 500.

Recently a hacker leaked various information from Ledger users, including emails, names, address and other important data. Among the data were information from over 1500 Brazilians. The creator of the Reddit post acknowledged that he is a Ledger user.

This is not the first time that the Ledger has suffered such a leak. But this data is commonly found on forums, distributed for free or sold in lots for a few dollars. And that’s exactly what buyers of this information do for profit: They make threats on the Internet in email scams sent to a large number of people.

At least, it seems that no one has taken the bait and the wallet used by the scammer is still completely empty.

339 bilhões de dólares e contando, por que o limite de mercado da Bitcoin é o grande quadro

A Bitcoin continuou seu aumento de preços para $18100 depois de cruzar os níveis de resistência chave e isto coloca o ROI da Bitcoin no acumulado do ano acima de 135% em relação ao dólar. Seis meses após a redução pela metade de maio de 2020, o preço subiu 88%. Como o Bitcoin continua a subir, investidores institucionais e analistas da cadeia estão de olho no alto preço de todos os tempos de US$ 20000. Em 2017, a Bitcoin passou de US$ 10000 para US$ 20000 em apenas 10 dias. Ele passou menos de 72 horas no nível de US$ 20000 e sofreu uma queda maciça de 80% no ano seguinte.

Muita coisa mudou nos últimos 3 anos. Os futuros do petróleo ficaram negativos, assim como as taxas de juros nos bancos centrais, porém, contra todas as críticas, a Bitcoin não baixou para $0. Na verdade, o aumento de preços é muito mais sustentado e consistente desta vez. O preço se manteve acima de US$ 10000 por quase 3 meses e estamos sentados a US$ 18100, os maximalistas até já começaram a contagem regressiva.

Entretanto, esta pode não ser a maneira ideal de avaliar um ativo como volátil e cíclico por natureza, como Bitcoin. Nic Carter destacou isto em seu cabo do Twitter.

Ele observou: „Um lembrete de que o limite de mercado ATH é de $17.482 na oferta atual, $17.456 em um mês, ou $17.429 em dois meses“. ATH em importância econômica vem antes do preço unitário ATH“.

Isto é importante porque a métrica de capitalização de mercado é muito mais relevante e significativa do que o preço de uma única Bitcoin. A Bitcoin deriva em parte seu valor da narrativa de oferta limitada e que possivelmente combaterá a inflação das moedas fiat, a capitalização de mercado é muito mais importante neste sentido. A oferta é limitada e está aumentando lentamente, de modo que a capitalização total do mercado representa melhor onde o mercado está ao longo do tempo. Atualmente, estamos com pouco mais de 339 bilhões de dólares em capitalização de mercado.

Portanto, o preço da Bitcoin não é o único parâmetro a ser observado, tanto para comerciantes varejistas quanto institucionais, os retornos fazem parte de um quadro mais amplo. Existem vários sinais de maturidade no ecossistema Bitcoin, como um aumento no número de endereços de carteira com pelo menos $10 neles, um aumento nos endereços ativos, reservas de câmbio à vista e um aumento na OI nas bolsas de CME e de derivativos de primeira linha. A capitalização realizada e o Bitcoin mantido pelas instituições como um ativo, e um ativo de reserva têm aumentado de forma constante em 2020, assim como o free float do stablecoin.

Enquanto o preço, entre outras métricas em rápida aceleração, está aumentando, há muito menos discussão sobre o Bitcoin na grande mídia e em plataformas de mídia social. As instituições estão interessadas no ativo e a mídia não está capturando a propaganda, este é um contraste muito forte, mas também o momento mais propício para que a Bitcoin cruze a ATH anterior.

Airbnb allows the introduction of cryptocurrency payments

The Airbnb Short Term Rental Service has submitted a prospectus to the US Securities and Exchange Commission (SEC) for its planned initial public offering (IPO). In it the company allowed for Bitcoin Up the possibility of adding cryptocurrency payments in the future.

„Future success will depend on our ability to adapt to emerging technologies such as tokenization, cryptocurrency and new authentication technologies,“ she writes.

Going forward, Airbnb mentions distributed registry and blockchecks, along with biometrics, artificial intelligence, virtual and augmented reality, as likely important areas for future development.

„As a result, we intend to continue to allocate substantial resources to support and develop our technologies and platform. However, these initiatives may be more costly than expected and may not be successful,“ adds Airbnb.

Earlier Airbnb stated that it did not plan to accept bitcoin in its service, although it acquired a start-up for its ChangeTip cryptographic donations in 2016.

Airbnb expects to list on the Nasdaq Global Select market under the ticker „ABNB“. According to Reuters, the company plans to raise around $3 billion through the IPO, valued at more than $30 billion.

The prospectus states that the company has been able to end the third quarter of 2020 with a profit despite the limitations of the Coronavirus Pandemic which have directly affected its business. In order to do so, it had to cut back dramatically on costs and cut back a quarter of its employees in the second quarter.

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Bitcoin: Hodln almost always profitable

The perma bullish opinion ECHO with Bitcoin content that dreams are made of.

In the traditional financial sector, Bitcoin (BTC) continues to be viewed with suspicion. Courageous avant-gardists such as MicroStrategy, Stone Ridge and Square venture out of cover and announce their Bitcoin acquisition.

An investment in „Orange Coin“ is more lucrative than any alternative

This year alone, the rate of crypto currency No. 1 rose by around 126 percent from 7,195 US dollars to currently 16,200 US dollars. According to the data from lookintobitcoin.com , there are hardly any chances of being in the red with a Bitcoin investment.

Percentage of days a Bitcoin investment is profitable: 99.4%. Time to achieve 100 percent.

What is meant is reaching the all-time high. Logical, because as soon as Bitcoin cracks its all-time high of 19,600 US dollars, all investors who hold Bitcoin in their portfolio will write green numbers. For Hodler this will be the famous I-told-you-so moment.

Preston Pysh makes the Bitcoin professor

Bitcoin grows cyclically. Instead of simply climbing northwards like the proverbial rocket, the course follows boom-and-bust cycles. Why that is, hardly anyone explains as well as podcaster Preston Pysh .

But Professor … When you told me that Bitcoin was a pyramid scheme, you left out the part about the four year halving cycle and the two week Difficulty Adjustments …

Accordingly, the course reacts more strongly than previously assumed to the supply shock of halving the inflation rate. According to Pysh, it is no coincidence that the time between two all-time highs is almost exactly four years, and thus the same time span as the Halvings.

So if this happens every four years, we should be able to see that on the charts, right? Well, yes you can. Here is an example. The last all-time high (ATH) was on December 11, 2017 and the previous ATH was 1,477 days earlier.

Bitcoin is accepted for US passport services via Peninsula Visa

US citizens can now pay for certain passport services in Bitcoin.

Peninsula Visa will partner with Coinbase Commerce to offer this payment option.

Although this is a first in the United States, Venezuela had already experimented with passport payments in BTC.

US citizens can now pay for certain passport services with Bitcoin System platform. Peninsula Visa announced on November 11 the change in its accepted payment methods.

Anticipating an increasingly digital post-coronavirus world, the company describes the service as “the right thing at the right time”.

Peninsula Visa Becomes First U.S. Shipping Service To Accept Bitcoin

Peninsula Visa, a US passport and visa issuing company, now accepts bitcoin payments for some of its services. According to a press release, the company will allow its customers to pay for their passport renewal, name change and a second passport, all through cryptocurrency .

The Bitcoin payment method will be provided by Coinbase Commerce. While the Coinbase payment platform supports alternative cryptocurrencies , nothing in the press release or the product page suggests that Peninsula Visa accepts payments in digital assets other than BTC.

The company, founded in Silicon Valley in the 1970s, says it plans to expand the passport services it offers through bitcoin payment over the next twelve months.

Evan James, its director of operations, said the move was the right one, given forecasts of an increasingly digital post-COVID world. He added that Peninsula Visa was delighted to be the first such US company to accept BTC.

Protection against the votility of BTC

For many industry watchers, Bitcoin has failed somewhat as a payment network. The volatility of its price makes its acceptance of goods and services a real headache for some companies.

Peninsula Visa aims to protect itself from this situation by offering a payment window in which the exchange rate is blocked for ten minutes. According to its website, the company may provide a new exchange rate after this time, depending on the evolution of BTC prices.

A first for the United States, but not worldwide

As mentioned, Peninsula Visa offers the first US passport services for Bitcoin payments. Having said that, at least one other country has already experimented with passport payment by BTC.

As BeInCrypto.com reported in July, the government of Venezuela has also started accepting Bitcoin momentarily to pay for passports. The launch of this test was due to a new round of US sanctions that hampered the South American nation’s ability to conduct international transactions.

While censorship-resistant Bitcoin payments appear appropriate for Venezuela’s situation, the trials appear to have been short-lived. Indeed, the option of payment in BTC disappeared from the site shortly after its publication.