The American Computer Association, called for the phrase: “Bitcoin is designed for people who are oppressed, with the ability to view the back to rights, and to fight back. If you are a government or a bank are corrupt, and you are not a credit or financial products that you can use for your family’s need, then, are the cryptocurrency’s the answer to the question.
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Pricerite to accept bitcoin, ether, and litecoin
In the shop, Pricerite, it is located in a popular shopping mall in Kowloon Bay, hong Kong. They have on a Facebook post in all their branches, and now bitcoin, ether, and the litecoin will be accepted.
The cryptocurrency’s at the cash register are converted from its local currency, Hong Kong Dollars (HKD). It is also possible to pay by the lightning network.
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Bitcoin is to cash in on bottled water
Apart from Pricerite, you’ll see that a bitcoin cash is becoming more and more popular with the protesters. This is because there are measures that can be taken to the computer to promote it as an alternative to the HKD.
Yahoo writes that the popularity is due to the Genesis Block, they will operate computer-automated teller machines in Hong Kong, under the name of CoinHere. CoinHere is acting primarily in bitcoin and cash. She was also awarded the Genesis Block on international donations, with this, they bought bottled water for the protesters.
These water bottles have QR codes printed out and it allows the recipient to easily, and quickly, bitcoin to cash and donate to get extra water is to buy it.
Buy Bitcoin With Cash
In addition, it led to the Genesis Block for the free umbrellas to the demonstrators. The employee’s transfer to the bitcoinsymbool, and a link to the 2014 “Umbrella Revolution” in Hong Kong at that time were hundred of thousands of people protesting in the streets.
Converted to dollars
The protest was a classic example of a popular uprising. Now that the threat posed by Chinese forces, are increasing, which are apparently already done to the border from Hong Kong. There is a large-scale protest, but even the small deeds will not go unnoticed.
Business Insider reported that the trust is in the hong kong dollar is declining, they are increasingly being exchanged for us dollars. Since 1983, the hong kong dollar linked exchange rate system to the U.s. dollar pair for a ratio of 7.8 to 1.
The messages on the LIHKG, the local version of Reddit, and show you hundreds of photos of people who are of cash at banks and automated teller machines. Protesters travel to even more atm’s in order to the limit of 20 000 HKD per transaction, to get around.
The protests began in June, and then increased the price of a single bitcoin in a direct way. But that’s also because He and China in their trade war were on the job. Locally, the price went up, though, and there are huge premiums are placed on top of the bitcoin exchange rate.