First Bitcoin Capital Corp (BITCF)

[Francoise]

Can anyone tell me who are the MMs on this ticker? Thanks

[MD-420]

Good luck getting in touch with anyone. Mcig was a scam that changed their ticker to btzi, I believed with the intent for bitcf to reverse merger and get off the grey sheets.

[planetaryfuture]

NO- I don't have a clue !!! .....

Hey, planetary? Do you know what is going on with this?

BOTS, INC. TO REPURPOSE THE FIRST BITCOIN CRYPTOCURRENCY “BIT” AND USE IT TO PAY AN INCOME PRODUCING ASSET AS DIVIDEND TO SHAREHOLDERS

Best Wishes

[conix]

Hey, planetary? Do you know what is going on with this?

BOTS, INC. TO REPURPOSE THE FIRST BITCOIN CRYPTOCURRENCY “BIT” AND USE IT TO PAY AN INCOME PRODUCING ASSET AS DIVIDEND TO SHAREHOLDERS

July 24, 2020 13:53 ET | Source: Bots, Inc.
SAN JUAN, PUERTO RICO, July 24, 2020 (GLOBE NEWSWIRE) -- SAN JUAN, PUERTO RICO, July 24, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- BOTS, Inc. (OTC: BTZI) (EXCHANGE: M06.SG), an emerging innovator of products, technologies, and services for the rapidly growing digital robotic automation and manufacturing industry announced today that it is in the process of repurposing and renaming FIRST BITCOIN (COIN:BIT) into the “Basic Income Token” while retaining “BIT” as the digital currency’s symbol.

There is a growing demand for a socialistic Universal Basic Income scheme in the United State of America heralded by former presidential candidate Andrew Yang, however, our capitalistic concept is to deliver an asset to our shareholders that produces income simply by keeping their wallets opened. The more wallets that remain open, the more secure the cryptocurrency becomes. This “income” will self-generate BITs 24/7 via Proof of Stake Mining (POS) protocol. Once we have hundreds of our 10s of thousands of shareholders keeping their wallets open, the blockchain becomes exceptionally secure.

Bots, Inc. and First Bitcoin Capital (OTC:BITCF) are working closely together to ensure a seamless transition of this major asset consisting of billions of BITs. Once the name of BIT is changed to Basic Income Token, Bots Inc. intends to distribute 1 BIT for each share of Bots Inc. to be held on a record date to be set for distribution as soon as August 30, 2020.

This asset is only one cryptocurrency of a larger inventory of more than 100 unique digital cryptocurrencies acquired from and previously owned by First Bitcoin Capital Corp. The most significant of the transferences of these cryptocurrencies to Bots Inc., included, but was not limited to, the majority ownership of First Bitcoin (COIN:BIT), a cryptocurrency based on a unique blockchain similar to an improved version of Litecoin, This coin trades on Livecoin.net with BIT included on the premier website for tracking of cryptocurrencies via https://coinmarketcap.com/currencies/first-bitcoin/

Additionally BOTS, Inc. in conjunction with First Bitcoin Capital has generated managed units of a newly minted cryptocurrency based on Bitcoin’s blockchain utilizing the Omni protocols also used by Tether (COIN:USDT) in an effort to alternatively fulfill Yang’s vision, defined as follows:

“Universal Basic Income (COIN:UBI) commemorates the presidential candidate Andrew Yang’s plan for distributing $1000 per month per citizen so that each world citizen is entitled to 1000 UBI per month upon request from Bots, Inc.”

“Those whom request this monthly UBI distribution will be required to cover Bots’ nominal Bitcoin transference costs and both Bots and First Bitcoin Capital will share in a 1% transference fee to be earned in kind. We will develop unique bots that will handle the inclusion of each requesting world- citizen wishing to use our automation in order to handle the sign ups and transfers” stated newly elected Company Chairman, Simon Rubin.

The creation of “UBI” which is under the management of Bots Inc and First Bitcoin Capital can be witnessed here:

https://omniexplorer.info/asset/829

About First Bitcoin Capital Corp

First Bitcoin Capital Corp (OTC:BITCF) is the largest shareholder of Bots, Inc. as a result of exchanging the majority of its assets therefor, but began developing digital currencies, proprietary blockchain technologies, and the digital currency exchange - www.CoinQX.com (in Beta) in early 2014. We saw this step as a tremendous opportunity to create further shareholder value by leveraging management's experience in developing and managing complex blockchain technologies and in developing new types of digital assets. Being the first publicly-traded cryptocurrency and blockchain-centered company, we provide our shareholders with diversified exposure to digital cryptocurrencies and blockchain technologies.

The Company began developing its own blockchain and cryptocurrency called First Bitcoin (COIN:BIT) in 2016. Prior to transferring the majority of this asset to Bots, Inc., the Company updated the BIT wallet and added more functionality. Users are able to generate BIT through the processes of POW and POS mining. The First Bitcoin (COIN:BIT) cryptocurrency has a current supply of 20,707,629,255 BIT. It is currently trading on LIVECOIN.net with its explorer at www.explorer.bitcf.net.

https://coinmarketcap.com/currencies/first-bitcoin/





About BOTS, Inc.

Headquartered in San Juan, Puerto Rico, BOTS, Inc. - publicly traded on the OTC Markets under the symbol (BTZI) and on Börse Stuttgart under ticker (M06.SG) - is a diversified company developing and servicing blockchain solutions and robotics for its clientele. The Company is committed to drive the innovations needed to shape the future of digital robotic automation management through digital technology and decentralized blockchain solutions. Management is dedicated to the strong growth of Distributed Asset Technology and Robotic Process Automation (RPA).

Bots, Inc. has been featured in media nationwide, including CNBC, Bloomberg, TheStreet.com. For more information, visit http://www.bots.bz

[conix]

Contact BTZI at [e-mail] to inquire about the merger.

They owe all BITCF and BTZI clarification on the announced merger. If they do not respond, shareholders can go to the SEC.

First Bitcoin Capital Corp Announces Majority Sale of Assets To Bots Inc.
.

TEL AVIV, ISRAEL / ACCESSWIRE / July 10, 2020 / FIRST BITCOIN CAPITAL CORP (OTC PINK:BITCF) (“the Company”) a prolific generator of more than 100 unique cryptocurrencies and developer of blockchain-powered technologies announced today that it consummated the sale of a majority of its digital and crypto assets and related technologies to Bots, Inc.

BOTS, Inc. (OTC: BTZI) (GERMAN EXCHANGE: M06.SG), is Puerto Rico based, emerging innovator of products, technologies, and services for the rapidly growing digitized robotics industry.

“Today’s announcement is part of an on-going effort of First Bitcoin’s management to maximize shareholder value which has been driven by our commitment to continue to fulfill our investors’ expectations,” said Simon Rubin, Chairman and Chief Executive Officer of First Bitcoin Capital Corp. “This major transaction aligns with BITCF’s strategy to continue to grow our core businesses in an efficient manner.”

First Bitcoin and Bots, Inc. will now begin to enter into long-term service and project development agreements, providing reliable and cost-advantaged product development services for a wide variety projects. BTZI and BITCF’s together have significant expertise and capabilities which will deliver operational efficiencies and opportunities for growth and profitability over time.

First Bitcoin and Bots, Inc., are working closely to ensure a seamless transition. The Asset Purchase transaction was closed on May 14th 2020 and included the following BITCF assets:

Minority ownership in:

– SinglePoint, Inc.,

-Medical Cannabis Payment Solutions, Inc.,

-Petroteq Energy, Inc.,

-Digital Asset Monetary Network, Inc.,

-Kronos Advanced Technologies, Inc.,

– Tipestry, Inc.;

Subsidiaries owned by First Bitcoin Capital Corp., including but not limited to:

CoinQx Exchange Limited,

First Bitcoin Capital LLC.,

D’BOT Technology Corp.;

Also included are Hundreds of domains previously owned by First Bitcoin Capital Corp.;

$1,250,000 in face value Convertible Promissory Notes issued by Kronos Advanced Technologies to First Bitcoin Capital LLC.;

US Patent 9,135,781 B1 Bitcoin Kiosk/ATM Device and System Integrating Enrollment Protocol and Method of Using the Same;

US Patent Application 2018/0315072 A1: Method and System of Facilitating Management of Cryptocurrency Based Loyalty Points Associated With One or More of a Product and a Service;

The majority of the inventory of more than 100 digital cryptocurrencies previously owned by First Bitcoin Capital Corp.

In exchange for the acquisition of these assets, BOTS, Inc. issued 100,000,000 of its shares of common stock and 30,000,000 Series A Preferred stock to First Bitcoin Capital, with a pledge to issue an additional 60,000,000 shares of Series A Preferred upon reaching certain milestones.

All Series A Preferred shares are to be retained by First Bitcoin Capital Corp. The 100,000,000 million shares of common stock are to be distributed to the shareholders of First Bitcoin Capital, where each shareholder shall receive 1 share of BTZI common stock for every 4 shares of First Bitcoin Capital stock owned with any remaining shares to be retained by First Bitcoin Capital Corp. upon a record date being set by First Bitcoin Capital Corp.

As the largest shareholder of Bots Inc., First Bitcoin’s management is expected to transition to Bots, Inc., in the immediate future.

About BOTS, Inc.

Headquartered in San Juan, Puerto Rico, BOTS, Inc. – publicly traded on the OTC Markets under the symbol (BTZI) and on Börse Stuttgart under ticker (M06.SG) – is a diversified company developing and servicing blockchain solutions and robotics for its clientele. The Company is committed to drive the innovations needed to shape the future of digital robotic automation management through digital technology and decentralized blockchain solutions. Management is dedicated to the strong growth of Distributed Asset Technology and Robotic Process Automation (RPA).

Bots, Inc. has been featured in media nationwide, including CNBC, Bloomberg, TheStreet.com. For more information, visit www.bots.bz

Visit us on Facebook @ https://www.facebook.com/Bots.Bz/

[Francoise]

its been more than 3 months since the sale of assets to boots(BTZI), we were supposed to receive one share of BTZI for each share of BITCF we own PR of July 10th 2020, so far NOTHING. WHEN WILL WE RECEIVE THESE SHARES?

[planetaryfuture]

China's Digital Lottery In-Process !!! .....

It seems like China's digital currency strategy will likely push America to act sooner ..... rather than later ..... since all global economies compete for the position of "top-standing" .....

Obviously ..... just my speculative opinion !!!

And of course ..... November 3 is merely three weeks away .....

I still wait to understand the precise details of the Fed's future-looking monetary policy ..... relative to whatever is going to happen to financially stressed-out American's with the digital currency strategy .....

One major question remains : Is the Federal Reserve still clinging to a fiscal model which produces consequences propping-up conditions resembling "eternal slavery ?" ..... The People have a good reason to expect a CLEAR answer !!! .....

Nearly 2 Million Sign Up For China’s Digital Yuan ‘Lottery’

October 13, 2020 .....

by Sebastian Sinclair

Almost two million people living in the Chinese city of Shenzhen signed up for a 10 million (US$1.48 million) digital yuan giveaway over the
weekend.

According to reports by AsiaOne, of the 1.91 million residents that put their hands up for the latest test of China’s sovereign digital currency, only 2.3% of applicants won their free money.

Around 50,000 digital "red envelopes," reminiscent of the traditional gifts doled out in China for special occasions and each containing 200 digital yuan ($29.60), were handed out Monday.

The free digital currency is destined to be spent at 3,389 stores set up to handle the electronic means of payment as part of China's latest test, and promotion, of its national digital currency.

The Digital Currency Electronic Payment (DCEP), as it is known, has been given no definitive timeline for its launch but giveaway in Shenzhen may signify efforts by China's central bank to ratchet up its plans.
One obstacle for obtaining the nation's digital yuan requires users to open a digital wallet which has raised concerns over how children and the elderly can participate.

As cited in AsiaOne's report, an unidentified user said the digital currency was a "litmus test" for the "new economy" with the potential to unseat the U.S. dollar’s role as the dominant global currency.

See also: Chinese Ex-Banker Says Digital Currency Should Replace Fiat Money

https://www.coindesk.com/bitcoiners-trillions-reasons-ignore-election

Best Wishes

[planetaryfuture]

Federal Digital Dollar Wallet By 2021..... "Second-Observation" .....

I would appreciate hearing an honest and insightful analysis concerning both upside and downside effects from this digital-wallet deployment !!! .....

It seems like all the details won't be known until it actually happens .....

The US government Is Planning The Creation Of A Digital Dollar Wallet By 2021.


By ..... Nickie Louise ..... September 1, 2020

In early March while everyone was busy talking about coronavirus, the U.S. Senate quietly introduced a bill to create “digital currency accounts administered by the Federal Reserve.“ According to the draft, the bill will require banks to maintain pass-through digital dollar wallets for certain persons, and for other purposes.

If passed, all Federal reserve banks shall, not later than January 1, 2021, make digital wallets available to all residents and citizens of the United States and to businesses domiciled in the United States.

The bill, which was introduced by Sen. Brown, Sherrod of Ohio, describes the term “Digital Dollar” as dollar balances consisting of digital ledger entries recorded as liabilities in the accounts of any Federal reserve bank. According to the bill, the term “digital dollar wallet” means a digital wallet or account, maintained by a Federal reserve bank on behalf of any person, for the purpose of holding digital dollar balances.

If the proposed Senate bill passes, member banks will be mandated to open and maintain pass-through digital dollar wallets for all persons, including persons eligible to receive payments from the United States pursuant to a Federal law relating to the coronavirus disease 2019 (COVID–19), who elect to deposit funds into pass-through digital dollar wallets.

The concept of the Digital Dollar Wallet is not new. It has been going on for years. The idea started to gain steam after the U.S. Federal Reserve started investigating the use of distributed ledger technologies (DLT) and how they might be used for digitizing the dollar. In early August, Federal Reserve Board Governor Lael Brainard said the U.S. central bank has been experimenting with distributed ledger technologies over the past several years, to study what a digital currency might do to the existing payments ecosystem, monetary policy, financial stability, and the banking sector.

At the Federal Reserve Bank of San Francisco’s Innovation Office Hours on August 13, Brainard said:

“With these important issues in mind, the Federal Reserve is active in conducting research and experimentation related to distributed ledger technologies and the potential use cases for digital currencies.”

Brainard added:

More broadly, banks, fintech companies, and technology firms are all exploring the use of innovative technologies to enhance payments efficiency, expand financial inclusion, speed up settlement flows, and reduce end-user costs. Digital currencies, including central bank digital currencies (CBDCs), present opportunities but also risks associated with privacy, illicit activity, and financial stability. The introduction of Bitcoin and the subsequent emergence of stablecoins with potentially global reach, such as Facebook’s Libra, have raised fundamental questions about legal and regulatory safeguards, financial stability, and the role of currency in society. This prospect has intensified calls for CBDCs to maintain the sovereign currency as the anchor of the nation’s payment systems. Moreover, China has moved ahead rapidly on its version of a CBDC.

The bill further adds that the proposed Digital Dollar Wallet “shall provide functionality and service levels no less favorable than those that the member bank offers for its existing transaction accounts, including with respect to debit cards, automated teller machines, online account access, automatic bill-pay, mobile banking, customer service, and such other services as the Board of Governors of the Federal Reserve System determines appropriate in the public interest, provided that digital dollar wallets shall not include overdraft coverage.”

Unlike charges on traditional bank accounts, Digital dollar wallets will not be subject to any account fees, minimum balances, or maximum balances, and shall pay interest at a rate, not below the greater of the rate of interest on required reserves and the rate of interest on excess reserves.

So, what does it all mean for Bitcoin, the world’s most popular cryptocurrency, and other digital currencies? Currently, some of the big obstacles to Bitcoin’s mainstream adoption are volatility and lack of government backing. The proposed Digital Dollar will have none of these. So, the question is: How would this affect the future of Bitcoin and other cryptocurrencies out there? Are they doomed to fail?

https://techstartups.com/2020/09/01/us-government-planning-creation-digital-dollar-wallet-2021-end-bitcoin-know/

Best Wishes

[planetaryfuture]

Shocking Federal Cryptocurrency Proposal Coming 01-01-2021 .....

It feels like a challenge to get a firm grip on this recent Federal strategy to implement Digital Currency by January 1 of 2021 .....

I realize it may seem to be a joke to parties who may not have been paying attention !!! .....

Gold-Silver Guru ..... Mike Maloney ..... appears to have a basic "negative scenario spin" while admitting to not knowing where specific aspects of this Federal cryptocurrency strategy might be headed ..... and to many observers ..... it appears targeted toward manifestation at "warp speed" .....

I have already reviewed this link 3X ..... and open to hearing the concerns or issues of other people .....

Maloney likely has significant assets to safeguard which naturally would influence his response ..... though I believe he has keen insight ..... overall .....

It looks like the global community will need to adapt !!! .....

https://goldsilver.com/blog/digital-dollars-coming-to-your-phone-alarming-plan-revealed/?utm_campaign=20201008_Mike_Video_Newsletter_Digital_Dollars&utm_content=touchpoint_1_newsletter&utm_medium=email&utm_source=zaius

Best Wishes

[planetaryfuture]

Bitcoin Challenges Dollar's Global Reserve Status .....


While my reaction would be : What became of the Kraken Financial NEWS I posted in a link below ? ..... relative to Kraken becoming the very first legally approved Cryptocurrency Bank ? ..... even though they are located in Cheyenne Wyoming !!! .....

This should have been profoundly important NEWS to the entire Cryptocurrency sector !!! ..... while ..... I imagine ..... First Bitcoin Capital Corp should be jumping-with-joy !!! ..... stock ticker $BITCF .....

Kraken NEWS available in link below .....

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158400900

Bitcoiners May Not Care If Dollar Keeps Its Reserve Status

October 6, 2020


Just as this chariot carried Julius Caesar's trophy of war, the dollar could retain its reserve-currency status. (Metropolitan Art Museum, modified by CoinDesk)

by:
Omkar Godbole
Bradley Keoun
Sebastian Sinclair

A growing number of economists and analysts – and even the Wall Street firm Goldman Sachs – have speculated this year that the U.S. dollar might be on the cusp of losing its status as the dominant reserve currency for central banks around the world.

That possibility has helped to support this year’s 50% increase in prices for bitcoin, seen by many cryptocurrency investors as a hedge against a dollar devaluation.

But CoinDesk’s Omkar Godbole reported Tuesday that, according to one prominent foreign-exchange analyst, the dollar’s value could decline significantly even if the U.S. currency keeps its majority share of global central-bank reserves for the foreseeable future. As of the most recent data, the percentage is around 60%.

marc-chandler-video-screencap
Marc Chandler, chief market strategist at Bannockburn Global Forex and author of the book "Making Sense of the Dollar," talks with CoinDesk's Omkar Godbole about the future of the U.S. currency. (CoinDesk)

Bitcoin’s price bounce from Friday’s low of $10,380 looks to have stalled, and the cryptocurrency remains trapped in a contracting triangle or a narrowing price range.

Such low-volatility price consolidations often end with a violent move on either side.

Some investors may be anticipating a range breakdown, given the weekly chart MACD histogram has crossed below zero – a sign of a bearish shift in momentum.

The indicator, however, is based on backward-looking moving averages and lags prices. As such, its reliability is under question.

Besides, broader sentiment in the options market is bullish, according to three- and six-month put-call skews, which measure the cost of puts relative to calls.

Further, on-chain data shows the market is currently witnessing a bigger influx of new investors than it did at the height of the bull market frenzy in late 2017. That is a major bullish sign, according to popular analyst Willy Woo.

– Omkar Godbole

https://www.coindesk.com/first-mover-bitcoiners-may-not-care-dollar-reserve

Best Wishes

[planetaryfuture]

Ray Kurzweil Anticipates Technological "Singularity" by 2045 .....

Legendary AI guru Ray Kurzweil has correctly predicted exponential growth related to technological software development by way of ..... lower cost ..... increased speed and impressive memory capacity .....

Curious to note this 7:09 Kurzweil talk emerged April 28, 2009 ..... with timely cautionary issues also raised .....

I also foresee the eventual "dovetailing" of genetics ..... nanotechnology and Robotics by 2045 ..... or before ..... Kurzweil's target date related to "Singularity" .....

Sparked by your input .....

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158671628

Then following .....

After many hours of immersion with Kurzweil talks ...... his brilliant mentor ..... Martin Minsky surfaces ..... though not in this link ..... an impressive genius who comes across with a sense of humility ..... while appreciating his unique "gifted path" of opportunity .....

I am currently taking deeper consideration and attention with the implications of theoretical quantum field entanglement ..... since I feel "significant revelations" will be revealed with time .....

Unfortunately ..... I am unable to have an informal conversation with Ray Kurzweil and Martin Minsky ..... though would like to include Nassim Haramein ..... Andrew Hessel ..... and Bruce Lipton ..... to add a bit more latitude to the potential overall body of discussions .....

I have a few questions !!!

Best Wishes

[Cryptonomicon1]

Hopefully the next step is adding stock broker service.

[Cryptonomicon1]

Bitcoin ATMs Surpass 10,100 Worldwide: Expert Shares Industry Outlook

https://news.bitcoin.com/bitcoin-atms-10100-outlook/

[Cryptonomicon1]

Surprised we didn't see more volume on this news.

[Cryptonomicon1]

https://finance.yahoo.com/news/world-renowned-inventor-infomercial-original-100000835.html

[lesgetrich]

I share your fascination with AI. I was involved with some early AI software applications at IBM around 1990 and enjoyed the presentation on nanobots. I'm just suggesting you make it clear to readers, since this is a First Bitcoin investors board, that these biotechnologies probably have nothing to do with First Bitcoin. What may have more relevance is a discussion about the "singularity". At least this would evolve out of software not biology...

Technological Singularity

The technological singularity—also, simply, the singularity—is a hypothetical point in time at which technological growth becomes uncontrollable and irreversible, resulting in unforeseeable changes to human civilization. According to the most popular version of the singularity hypothesis, called intelligence explosion, an upgradable intelligent agent will eventually enter a "runaway reaction" of self-improvement cycles, each new and more intelligent generation appearing more and more rapidly, causing an "explosion" in intelligence and resulting in a powerful superintelligence that qualitatively far surpasses all human intelligence.

[planetaryfuture]

I see what you are saying !!! .....

Thanks !!!

I am looking more toward where I believe the future of AI is headed ..... miniaturization by way of nanotechnology ..... especially with the emergent technology and unique properties of graphene ..... I suspect ..... most likely ..... reverse engineered ....

Take a look at the allegedly ..... government sanctioned technological disclosures ..... revealed by way of the compelling book ..... "The Day After Roswell" ..... by Lt. Col Corso ..... released by encouragement from the "Clinton administration" .....

I have no way of knowing exactly what $BTZI might be doing or either $BITCF ..... for that matter ..... though I notice a visionary ..... "forward-looking" Corporate orientation with First Bitcoin Capital Corp .....

I intend to spend more hours listening to what "AI guru" and futurist Ray Kurzweil has to say ..... so I likely will have more to say at some later point ..... I realize the development of new technology has been moving rapidly and I understand the reason for keeping a tight lid on breakthroughs to protect discovery rights .....

I recognize this "NANOBOT" presentation offers a very "far-out" perspective ..... more-so ..... toward the end ..... after 17 minutes .....

In the last few minutes they use very thought provocative language .... like ..... "trans-humanist perspective" ..... "software copies of our consciousness" ..... "merger of man and machine" ..... "Digital Heaven" ..... and "combine our identity with super-human AI" .....

Certainly !!! ..... this is all very "far-out" sounding stuff ...... and somewhere "out-ahead" ..... for the most part ..... though it seems unlikely both BTZI and BITCF would be turning their back ..... or shutting down their interest ..... relative to the speculative future of AI .....

For now ..... I intend to evaluate more of what Ray Kurzweil has to say about the future of AI ..... and go from there !!!

Best Wishes

[lesgetrich]

That's an interesting link. However, I think you're confusing nanotechnology with Artificial Intelligence. The first requires skills in biotechnology and molecular manipulation. The latter requires skills in software development. Bots Inc., to my knowledge, is only focused on software development. Unless you have information to the contrary, I don't see either BITCF or BTZI involved in the nanotechnology field.

[planetaryfuture]

"Nanobot" Technology Birthing New Pathways .....

A number of people following this board will likely recall First Bitcoin Capital Corp ..... stock ticker $BITCF ..... has recently made a strategic move into AI ..... Artificial Technology ..... by way of partnering with ..... $BTZI ..... Bots Inc Com ..... with the NEWS posted in some of the links immediately following this post .....

Bots, Inc to Repurpose the “First Bitcoin” Cryptocurrency “bit” and Use it to Pay an Income Producing Asset as Dividend to Shareholders

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157191804

If you have trouble grasping how "visionary" such a strategic Corporate move might be ..... then pay some attention to the futuristic potential and direction this new trend is headed ..... by way of evaluating the link I just posted below .....

I like that legendary Google engineer ..... Ray Kurzweil ..... got an early mention in the presentation ..... since I have been evaluating many hours of his discussions lately .....

Who would have thought ..... the "cutting-edge" ..... of modern nano-technology would be exploring the potential of the NANOBOT world ? ...... Well ..... First Bitcoin Capital Corp apparently has !!! ..... if you want to follow the story ..... while it seems likely the disclosure of updated "information" might need some degree of protection and caution ..... while accomplishments progress .....

I have no concrete idea exactly what $BITCF may be up to ..... though I feel free to engage with "speculation" ..... as many others might also be doing !!! .....

I find this quality presentation quite thought provocative ..... and of great interest !!!.....

Best Wishes

[planetaryfuture]

Kraken-Financial CEO Kinitsky Discusses Cryptocurrency Business Model .....

Still hard to believe this Federally approved Banking business model featuring Cryptocurrency integration has jockeyed itself into legal status !!! .....

Kraken will NOT be participating in "Fractional Reserve Banking" .....

When might Market sentiment catch up !!! ? ..... and what will the impact be relative to functionality of the broader Cryptocurrency Industry ..... formerly lurking in the "shadows" of regulatory scrutiny ? .....

To make doing business in the state more pleasant ..... Wyoming has no State Income tax !!! .....

https://www.coindesk.com/kraken-crypto-exchange-secures-bank-charter-under-wyoming-law

Best Wishes

[planetaryfuture]

I Must Confess: The World Is Waking-Up !!! .....

I suspect the 2024 timeline reference plucked from this article will be seeing an even more surprising fiscal dynamic by then ..... which is fine with me !!! ......

I feel compelled to give Dubai a great deal of credit relative to the modern-day revolution of awareness seen with Blockchain Technology ..... in general ..... since they have boldly streamlined as many Government functions as possible ..... thereby saving immense time and money ..... while at the same time ..... creating transparency ..... along with a public access record difficult to corrupt ...... while they are alleged to have a 90% ..... from out-of-country demographic ..... quite a praiseworthy accomplishment ..... from my perspective !!! ..... no doubt ..... leaving many scratching their heads in puzzlement !!! .....

So let's collectively take a dive into a brewing quantum shift of planetary consciousness !!! ..... a living matrix of unfolding potential ..... likely sparked from the depths of our mysterious and miraculous ..... theoretical quantum entanglement ..... with roots manifesting unseen ..... subcellular ..... whether we like it or not !!! ..... The beat goes on !!! .....

Although the COVID-19 pandemic may have expedited the desire for digital payments across the globe, blockchain and crypto assets have been the talk of the regulatory town, with many countries looking toward central bank digital currencies to streamline their payments infrastructures.

EU To See Comprehensive Crypto Regulation By 2024
Crypto Continues Its Trek Into The Mainstream.


The European Union, or EU, plans to incorporate crypto and blockchain technology into its main processes by 2024.

Over the next four years, the economic union aims to firm up fresh regulations that will promote blockchain and digital asset usage for international money transfers, according to internal documents that Reuters reported on Friday.

The documents detailed:

“By 2024, the EU should put in place a comprehensive framework enabling the uptake of distributed ledger technology (DLT) and crypto-assets in the financial sector [...] It should also address the risks associated with these technologies.”

Finding that almost 80% of its population transacts in paper money, the European Commission, the union's governing entity, wants to see digital payments become more common, while aiming for immediate transaction times, Reuters explained.

The commission's reported aims include a desire for increased data access, financial activities availability — all while aiming for increased efficiency. “By 2024, the principle of passporting and a one-stop shop licensing should apply in all areas which hold strong potential for digital finance,” the documents noted. Over the next year, fast transaction avenues will likely take over, Reuters added.

Although the COVID-19 pandemic may have expedited the desire for digital payments across the globe, blockchain and crypto assets have been the talk of the regulatory town, with many countries looking toward central bank digital currencies to streamline their payments infrastructures.

UPDATE Sept. 18, 21:00 UTC: This article has been updated.

https://cointelegraph.com/news/eu-to-see-comprehensive-crypto-regulation-by-2024

Best Wishes

[planetaryfuture]

Interview ..... Kraken Financial Cryptocurrency Bank Charter .....

Appears to be truthful reporting of timely and remarkable cryptocurrency Banking NEWS !!! .....

Well worth a thoughtful read !!! ..... from my perspective .....

By ..... BENJAMIN PIRUS ..... September 17, 2020

Interview: Caitlin Long and David Kinitsky on crypto's big win with Kraken Financial bank charter

Long agreed with Kinitsky, noting Wyoming's 27-month journey to the first regulated crypto-native bank. "This is not a short-term project," she said. "It has taken a lot of work to get to this point." Long herself was deeply involved in helping to push for the Wyoming regulation, as she co-founded the Wyoming Blockchain Coalition, and was appointed to the Blockchain Task Force by Governor Matt Mead and Governor Mark Gordon.

After the dashed expectations of 2017, during which the Initial Coin Offering sparked a retail investor frenzy in the crypto industry, regulators stepped in, seeing a need for tighter restrictions on the sector. Some regulation has stifled innovation, according to critics, although Wyoming has pushed forward in an effort to provide the best of both worlds — protection through regulation, as well as the freedom for innovation to flourish.

UPDATE Sept. 18, 13:04 UTC: This article has been updated.

https://cointelegraph.com/news/interview-caitlin-long-and-david-kinitsky-on-crypto-s-big-win-with-kraken-financial-bank-charter

Best Wishes

[planetaryfuture]

Kraken Financial Poised As "America's-First-Crypto-Bank" .....

Make no mistake about it !!! ..... This appears to be a HUGE DEAL !!! .... meaning vast exponential implications !!! .....

I have confirmed this "breaking story" by way of two diverse sources ..... so I suspect the information has "real legs" .....

I know !!! ..... It sounds too good to be true !!!

Decide for yourself !!!

Kraken is granted approval to become America's first crypto-bank
The bitcoin and cryptocurrency exchange service unveiled Kraken Financial earlier this week .....

By ..... Andrew Paul ..... likely September 18, 2020

This week marks a huge milestone for the cryptocurrency sector and its supporters: the crypto exchange company, Kraken, is officially the first digital asset company in America to receive federal and state bank charters. That enables it to form the world's first "Special Purpose Depository Institution" (SPDI) for its clients. While Kraken Financial will first begin its operations in and around Cheyenne, Wyoming, its intention is to soon become open to customers globally.

"Kraken Financial will enable Kraken clients in the U.S. to bank seamlessly between digital assets and national currencies," explains the company's press release, adding that it is on its way to becoming the "first regulated, U.S. bank to provide comprehensive deposit-taking, custody and fiduciary services for digital assets." In other words, it's going to be the first crypto-bank in the U.S.

A WORKING PARTNERSHIP WITH WYOMING — The company was able to secure its charters through the state of Wyoming after years of lobbying and the formation of a "Wyoming Blockchain Task Force," focusing on the creation of customized regulatory licenses the new commercial laws for cryptocurrency holders. With the Federal Reserve injecting so much stimulus money into the economy and thus, theoretically, adding to inflation, both individuals and companies are frantically looking for secure spots to house their crypto-cash.

Groups like Kraken Financial will be key to doing just that, providing not only custody of assets, but the overseeing of payment systems and crypto-deposits, as well. One of the most important aspects, however, is its legal obligation to ensure 100% reserves of fiat currency.

"Kraken Financial, as a bank, is required by Wyoming law to maintain 100% reserves of its deposits of fiat currency at all times. If every client were to demand withdrawals of their fiat at the same moment, Kraken Financial would be able to fulfill each withdrawal immediately without regard to how many loans we had outstanding," the company explains.

BASIC SERVICES FOR THE FIRST YEAR, WITH MORE TO COME — Within its first year, Kraken Financial aims to provide some basic banking services to its customers, including "digital asset custody, demand/deposit accounts (DDAs), wire transfer, and funding services." In subsequent years, the company hopes to add additional digital asset custodies, asset staking, as well as trust accounts. Like many others in the marketplace now, Kraken Financial also plans on being primarily a mobile- and online-first banking institution.

Regardless of your opinions on cryptocurrencies, the official green-light for a crypto-bank is a huge deal for digital currencies in America.

https://www.inputmag.com/culture/kraken-is-granted-approval-to-become-americas-first-crypto-bank



And the second source confirming the same information ..... with a bit of broader-based historical explanation ..... about 16 minutes .....

The First Massive Change To Banking in 100 Years | What You Must Do Now

Best Wishes

[planetaryfuture]

Cryptocurrency Prospect's Entail "Dancing-With-The-Devil" .....

Our planetary status at this particular juncture of history ...... appears to be locked into an epic struggle to achieve a "comfortable footing" for all members of "Humankind" ..... from a social ..... health-oriented ..... and economic perspective .....

The time to act constructively with creative insight has arrived ..... while many firmly believe we are "late to the table" .....

Informed people understand "Central Banking" as practiced today offers no practical solution ..... other than pushing humanity into a state of eternal fiscal slavery for all generations to come ..... due to the inherent nature of "Fractional-Reserve-Banking" .....

While the function of practically all regulatory agencies appears to be little more than playing the role of "status-quo-shills" ..... the well-positioned gatekeepers protecting elite special interests ..... propped-up by generous Congressional "persuasion funding" ..... leading to expected results ..... seldom as trust-worthy as the purchase value of a $3 bill ..... In short ..... the general populace appears to be left ..... "holding-the-bag" ..... with slim hopes for change .....

Many visionary observers see the prospect of Cryptocurrency as a practical solution ..... despite potent resistance from authoritarian controlling agencies ..... along with self-serving "elite special interests" ..... The term "COMPROMISE" has apparently become anathema for those poised to render decisions ..... on behalf of a concerned electorate .....

Are a few people prepared to "sink-all-ships" for the sake of promoting their self-serving agenda's ? ..... It seems so !!! .....

Also ..... mankind has been instrumental relative to the emergence of "super-bugs" ..... since micro-organisms have the innate ability to mutate into another form ..... Only the big "Drug-Baron's" want us to believe they might have a remedy ..... since they will likely harvest "windfall profits" ..... though practically speaking ..... the issue appears to be ..... a lost cause !!! ..... few people wish to embrace from a common sense perspective .....

A great deal of information has been imparted by way of the stringer of posts immediately following this one ..... I am hoping ..... at least a few people ..... might get serious relative to finding some practical answers toward today's pressing problems .....

I believe it can be done !!! ..... though it will require a "sea-change" in terms of collective attitude ..... along with a vital spirit of sincere cooperation .....

Otherwise ..... "If we continue dancing-with-the-devil ..... the logical consequence will be ..... getting burned together !!!" .....

My heart goes out to all souls who may be suffering !!! .....

Best Wishes

[planetaryfuture]

Bitcoin Discussions With Mike-Maloney and Dan-Larimer .....

More than an hour of enriched Bitcoin-Blockchain related discussions with these two informed participants ..... covering at least 17 facets of ..... definitions ..... potential and applications connected with this emergent technology .....

You will learn about the impressive speed of EOS and discover what popular ..... "rapidly growing" ..... DeFi-Decentralized Finance ..... indicates .....

I have set aside the time to listen to the discussion for the second time ..... since I always absorb more the second-time-around .....

Best Wishes and Enjoy the rest of your Labor Day !!! .....

https://goldsilver.com/blog/engineering-freedom-dan-larimer-mike-maloney-on-eos-bitcoin-more/?utm_campaign=20200827_Mike_Video_Emerging_Freedom&utm_content=touchpoint_1_newsletter&utm_medium=email&utm_source=zaius

[planetaryfuture]

Global Economy --- "Crisis Discussions" .....

The preeminent theme of the day searches-out a variety of "highly spirited" opinions by top economist Steven Moore ..... who has worked for and with President Trump ..... Professor Mark Skousen who mostly moderates ..... and Market savvy Peter Schiff who chimes-in with "counterpoint perspective" .....

Moore agrees with Schiff in seeing government spending as eventually parlaying into burdensome "TAX" ..... while it comes as no big surprise ...... that Moore's take relative to fixing the economic and social crisis ..... embracing a scenario of Trump prevailing ..... hinges upon CV-19 "disappearing" before election day ..... which to me ..... seems more like a "pipe-dream" from the legendary "Alice In Wonderland" fantasy tale ..... Though who can say at this point !!! ...... exactly which way the dice will tumble ..... I simply hope ..... all interests will have what it takes to be "truthful !!!" .....

We all simply need to wait another ..... approximate 65 days !!!

I love the richness of this discussion while opposing views are presented in a reasonable and respectful way !!! ..... so I feel taking the time to evaluate these very timely diverse perspectives has been worthwhile .....

..... Naturally ..... the overall theme raises the strategic and logical question relative to the potential role a corporation such as ..... First Bitcoin Capital Corp ..... stock ticker $BITCF ..... might likely contribute as a "modern-day" solution to help resolve this churning epic planetary financial crisis .....

One sees forward-thinking intervention's like Dubai's "Blockchian-Technology" applications in process to streamline costly government paperwork and efficiency ...... if you take the time to evaluate some related posts available on this Investor Board .....

It remains to be seen what BITCF may or may not do in terms of offering practical cognitive input ..... though I remain optimistic ..... since I have observed leadership's innovative creative strategy in "process" ..... for many years .....

Meanwhile ..... I have augmented the theme of my POST with two more views by prominent economist's ..... by way of Richard Wolff and Professor Jeffrey Sachs ..... which follow below .....

Best Wishes

[planetaryfuture]

Digital Currency Faces "Chance-of-a-Lifetime" To Resolve Planetary Meltdown .....

It's no accident that I address this "challenging and liberating theme" from the .... First Bitcoin Capital Corp Investor's Hub page ..... $BITCF ..... because they were very early into the emergence and development of "Blockchain Technology" ..... along with offering some practical creative applications .....

Our world appears to be perched at a remarkable plateau of transition ..... as many have noticed the abysmal failure of the Central Banking System ..... and especially the privately owned "Federal Reserve System" .....

Deficit driven economies are unable to remain solvent from a mathematical perspective ..... while the Central Banking practice of "Fractional Reserve Banking" will lead no-where-else ..... other than "Perpetual Slavery" ..... for all generations to come .....

See the prescient 10-part "Hidden Secrets Of Money" by ..... Mike Maloney ..... to grasp the nature of the issue .....

https://www.google.com/search?client=avast&q=hidden+secrets+of+money+episode+1

Why a handful of the wealthiest people on the planet act as though they deserve to possess a majority share of known global assets remains a haunting and gnawing mystery for a growing multitude ..... When will they ever have enough to live a comfortable-healthy life ? ..... and recognize a practical satisfying level of contentment ? .....

A golden opportunity to face courageous and determined change has seemingly arrived by way of "Digital Currency" empowerment .....

Naturally ..... the electorate must find the determination and willingness to participate !!! ..... while the age-old global status-quo economic scaffolding continues its path of deconstruction due to a bouquet of factor's reshaping modern history day-by-day .....

Some raise issues concerning the alleged limiting speed of Bitcoin while overlooking the potential of Leemon Baird's ...... Hashgraph technology .....

In a "wacky fiction story" I began penning in 1983 ..... I speculated about a future having crime-proof ..... "liquid asset terminals" ..... which applied digital technology to follow the thread of every purchase transaction while adjusting taxes and other potential fees in real-time ..... finally eliminating the need to carry a wallet for currency ..... and a system requiring fail-safe personal identification by way of vein patterns ..... eyes ..... fingerprints ..... etc .....

People might need to be honest and feel like they have nothing to hide ..... for this approach to work on a broad scale .....

The orange-covered binder vanished at some point ..... though the basic features of the "comical honeybee-espionage" oriented story remain .....

I have moved on !!! ..... And I would like to believe others have too !!! ..... Our collective future lies ahead ..... in a forwardly direction !!! ..... We have all made mistakes and hopefully have learned something along the way !!! .....

Best Wishes

[planetaryfuture]

Why Is The Global-Economy Poised To Collapse ? .....

This issue is a far cry from being rocket science !!! .....

Since "Day-One" ..... the "Central Banking System" had resembled a "con-game at play" by way of their self-serving "fractional reserve lending practice" ..... which inherently creates the mathematical impossibility of retiring a seemingly ..... "maverick dominated deficit-driven-economy" ..... like one observes today ..... while facing the sobering consequences of never-ending "tax-and-spend" policy ..... driven by so-called "public servants" ..... whose primary goal appears to be remaining on the "lofty throne of power" ..... presenting ample opportunities to self-enrich .....

Why did President Woodrow Wilson remark upon leaving office that the "The Federal Reserve Act of 1913" ..... had been the greatest mistake of his administration ? .....

To gain some insight ..... one must be willing to study a bit of world history relative to what money ..... "actually is" ..... and the birth and use of "fiat currency" ..... since current "Monetary Policy" clearly leads to "perpetual slavery" for all generations to come ..... unless one has an open-minded approach willing to "look-forward" toward the "liberating potential" of digital currency and what "blockchain ledger" Corporation's like ..... First Bitcoin Capital Corp ..... stock ticker $BITCF ..... have to offer ....

I have found the educational "Money Master's" documentary very informative and insightful ..... with respect to grasping a historical perspective .....

Also ..... very timely ..... and of great value would be the perceptions of "Gold-Silver Guru" ..... Mike Maloney ..... with his recent 10-minute post concerning the "freezing-up of the global economy" .....

https://goldsilver.com/blog/global-economy-to-freeze-up-heres-why-mike-maloney/?utm_campaign=20200803_global_economy_freeze_mike_video&utm_content=touchpoint_1_newsletter&utm_medium=email&utm_source=zaius

Obviously ..... some individuals will take the time to understand and digest the information shared in the two links above ..... while others will NOT ..... It's OK either way !!! ..... As I see it ..... each person has a share of responsibility relative to the unfolding of their own personal destiny !!! .....

Naturally ..... I am only offering the "tip" of the proverbial "iceberg" ..... in consideration of real-time and space .... while avoiding the prospect of a major literary work and effort .....

It seems certain we have all collectively arrived at a planetary crossroads ..... triggered by COVID 19 and its pervasive economic and challenging social impact ..... Do we have what it takes to push forward and embrace a brighter future for all of "humanity ?" ..... Only the passing of time will tell the true story !!! .....

Best Wishes

[planetaryfuture]

Bitcoin Futures Soar While Bond Yields Fall .....

Bitcoin Futures Interest Soars As Bond Yields Fall To Record Lows: Industry Exec


August 4, 2020 ..... by Omkar Godbole

Bitcoin futures are drawing record interest as investment opportunities in traditional markets dry up, said the co-founder of an institutional fund provider.

Open interest, or open positions, in futures listed on major exchanges reached a new lifetime high of $5.6 billion on Saturday, surpassing the previous record of $5.36 billion in February, according to data source Skew.

As of Monday, aggregate open interest was $5 billion, up 66% from the July low of $3 billion.

Open interest in futures on the Chicago Mercantile Exchange (CME), synonymous with institutional investors, jumped to a record high of $828 million on Monday.

CME's open interest has surged 127% over the past 2.5 weeks alongside bitcoin's quick rise from $9,100 to $11,100.

“The rise in open interest represents an accumulation of long positions by institutional traders,” said Matthew Dibb, the co-founder and COO of Stack, an institutional provider of cryptocurrency trackers and index funds.

Dibb said the rise in open interest in crypto derivatives suggests investors are looking for alpha – the best returns – in alternative markets as equities look overbought and bond yields move into negative territory.

The U.S. 10-year Treasury note is offering a yield of 0.54% at press time with the real or inflation-adjusted bill at a record low of -1%.

Similar bonds in Germany, Japan and Switzerland are offering negative yields, according to TradingView data.

As a potential macro hedge, Dibb expects bitcoin to break into multi-year highs as the global economy worsens and investors become steadily confident in moving value from traditional markets into the digital asset space.

Bitcoin's price is largely unchanged at $11,290; technical bias remains bullish with prices holding well above the support line at $10,500, the February high.

https://www.coindesk.com/bitcoin-futures-interest-soars-bond-yields-record-lows

Best Wishes

[planetaryfuture]

Dollar Keeps Sinking While Bitcoin Rises .....

Dollar Falls To Lowest Level In Over 2 Years While Gold, Silver, Bitcoin Continue To Shine


July 30, 2020 ..... by Zack Voell


The dollar on Thursday dropped to its lowest level since May 2018 as the Federal Reserve said it plans to keep interest rates close to zero, and inflation hedges continue to show strength.

The dollar’s trade-weighted index – a measure of its value relative to a basket of other dominant currencies – dropped to $93.04 Thursday afternoon.

The last time the index traded this low was on May 15, 2018, according to TradingView.

As the dollar weakens, gold continues to trade near its new all-time highs, reaching $1,980 on Tuesday.

The yellow metal has gained more than 10% in July.

Silver has rallied nearly 30% in July, trading at $23.26 at last check.

Bitcoin, previously stuck trading in a tight range between $9,000 and $10,000 for nearly two months, followed the rallies in precious metals when it broke above $11,400 on Tuesday.

Bitcoin has soared 53% in 2020, according to Messari.

“In the coming weeks you’ll see the dollar weakening further,” Qi Gao, a currency strategist at Scotiabank, told the Financial Times.

https://www.coindesk.com/dollar-falls-to-lowest-level-in-over-2-years-while-gold-silver-bitcoin-continue-to-shine

Best Wishes

[planetaryfuture]

Appreciating The Trajectory Of Andrew Yang's Thinking ....

Thanks for posting this current NEWS !!! ..... It leaves a lot to look forward to and become excited about !!! .....

Bots, Inc to Repurpose the “First Bitcoin” Cryptocurrency “bit” and Use it to Pay an Income Producing Asset as Dividend to Shareholders

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157191804

My own thinking relative to resolving our current global financial crisis moves another big step beyond the "forward-looking conception" of Andrew Yang ..... and what Spain has done .....

I would like to see every adult American be gifted one million dollars ..... with children limited to half-a-million each ..... intended to stimulate incentive toward cultivating fiscal responsibility ..... since it is too easy today to spend a million dollars before thoughtfully thinking it through ..... while in the process of planning ahead for a better future .....

Caps on food ..... shelter ..... and medical related expenses would likely need to be established .....

Since our currency is little more than digits in a computer ..... it would then be prudent to FORGIVE all debt !!! ..... and shift toward a Federal deficit with a ZERO balance !!! .....

The dysfunctional and eternally problematic practices of the "Federal Reserve System" could then be RETIRED ..... along with taking a major break from the "slave-producing effects" generated by Central Banking's ..... "Fractional Reserve Lending" .....

President Trump could then take a major "victory lap" ..... taking personal credit for "making every American a millionaire" ..... at least for a short season .....

It seems likely ..... at least ..... a few people would become involved with serious planning toward fulfilling their dreams ..... while the Job Market would need to compete for quality personnel with attractive salaries .....

It seems likely ..... America might need a rock-solid Democratic Congress to survive such a radical alignment of "Fiscal Monetary Policy" ......

While consumer spending would probably experience exponential growth !!! ..... and the Greater Global Community would long to become American !!! .....

Sure !!! ..... This proposal feels like a big stretch ..... though it seems important to begin thinking "out-of-the-box" ..... if we expect to get FREE from the seeming "black-hole" we appear to be in .....

Best Wishes

[planetaryfuture]

Bitcoin Value Likely Propelled by Dollar-Drop .....

Some information and perspective of interest ..... along with a few nice looking charts !!! .....

https://www.coindesk.com/first-mover-dollar-drop-helped-bitcoin

Best Wishes

[conix]

Bots, Inc to Repurpose the “First Bitcoin” Cryptocurrency “bit” and Use it to Pay an Income Producing Asset as Dividend to Shareholders


SAN JUAN, PUERTO RICO, July 27, 2020 (GLOBE NEWSWIRE) -- SAN JUAN, PUERTO RICO, July 27, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- BOTS, Inc. (OTC: BTZI) (EXCHANGE: M06.SG), an emerging innovator of products, technologies, and services for the rapidly growing digital robotic automation and manufacturing industry announced today that it is in the process of repurposing and renaming FIRST BITCOIN (COIN:BIT) into the “Basic Income Token” while retaining “BIT” as the digital currency’s symbol.

There is a growing demand for a socialistic Universal Basic Income scheme in the United States of America heralded by former presidential candidate Andrew Yang, however, our hybrid public benefit/capitalistic concept is to deliver an asset to our shareholders that produces income simply by keeping their wallets opened. The more wallets that remain open, the more secure the cryptocurrency becomes. This “income” will self-generate BITs 24/7 via Proof of Stake Mining (POS) protocol. Once we have hundreds of our 10s of thousands of shareholders keeping their wallets open, the blockchain becomes exceptionally secure while automatically generating BITS via Proof of Stake Mining.

Bots, Inc. and First Bitcoin Capital (OTC:BITCF) are working closely together to ensure a seamless transition of this major asset consisting of billions of BITs. Once the name of BIT is changed to Basic Income Token, Bots Inc. intends to distribute 1 BIT for each share of Bots Inc. to be held on a record date to be set for distribution as soon as August 30, 2020.

This asset is only one cryptocurrency of a larger inventory of more than 100 unique digital cryptocurrencies acquired from and previously owned by First Bitcoin Capital Corp. The most significant of the transferences of these cryptocurrencies to Bots Inc., included, but was not limited to, the majority ownership of First Bitcoin (COIN:BIT), a cryptocurrency based on a unique blockchain similar to an improved version of Litecoin. This unique coin trades on Livecoin.net with BIT included on the premier website for tracking of cryptocurrencies via https://coinmarketcap.com/currencies/first-bitcoin/

Additionally BOTS, Inc. in conjunction with First Bitcoin Capital has generated the interface required to manage issuance of units of a newly minted cryptocurrency based on Bitcoin’s blockchain utilizing the Omni protocols which are also used by Tether (COIN:USDT) in an effort to alternatively fulfill Yang’s vision, defined as follows: “Universal Basic Income (COIN:UBI) commemorates the presidential candidate Andrew Yang’s plan for distributing $1000 per month per citizen so that each world citizen is entitled to 1000 UBI per month upon request from Bots, Inc.”

In a recent article published in nature.com, “Pandemic Speeds Largest Test Yet of Universal Basic Income” Economists welcomed the chance to see whether giving people cash, to spend however they choose, would improve their livelihoods. Spain’s government has started what might just be remembered as the world’s biggest economics experiment. On 15 June, spurred by the coronavirus crisis and its economic fallout, Spain launched a website offering monthly payments of up to €1,015 (US$1,145) to the nation’s poorest families.

The program, which will support 850,000 households, is the largest test yet of an idea called universal basic income (UBI) — in which people are given a cash payment each month to spend however they choose. It has been oft-discussed but never satisfactorily tested, and economists around the world are watching closely to see what the impact of the scheme on livelihoods will be.

The move comes at a time of unprecedented economic turmoil brought on by the coronavirus pandemic. Spain was one of the hardest-hit countries in the early days of the pandemic. The nationwide lockdown curbed the spread of the virus, but came at a staggering financial price. Millions of people lost their jobs as the economy shrank rapidly, putting many of the most vulnerable citizens at risk.

“If there’s ever an opportunity to try to push for some sort of income floor that can be paid out in cash to people, this is the time to do it,” says Damon Jones, an economist at the University of Chicago in Illinois.

Bots, Inc. has become the first publicly traded company to announce the launch of a corporate initiated Universal Basic Income Token (UBI). Interested parties may signup to receive an invite linked here: https://www.bots.bz/ubi

“Those whom request this monthly UBI distribution will be required to cover Bots’ nominal Bitcoin transference costs and both Bots and First Bitcoin Capital will share in a 1% transference fee to be earned in kind. We will develop unique bots that are equipped to handle the inclusion of each requesting world- citizen wishing to use our automation in order to handle the sign ups and transfers” stated newly elected Company Chairman, Simon Rubin.

The creation of “UBI” which is under the management of Bots Inc and First Bitcoin Capital can be witnessed here: https://omniexplorer.info/asset/829

About First Bitcoin Capital Corp

First Bitcoin Capital Corp (OTC:BITCF) is the largest shareholder of Bots, Inc. as a result of exchanging the majority of its assets therefor, but began developing digital currencies, proprietary blockchain technologies, and the digital currency exchange - www.CoinQX.com (in Beta) in early 2014. We saw this step as a tremendous opportunity to create further shareholder value by leveraging management's experience in developing and managing complex blockchain technologies and in developing new types of digital assets. Being the first publicly-traded cryptocurrency and blockchain-centered company, we provide our shareholders with diversified exposure to digital cryptocurrencies and blockchain technologies.

The Company began developing its own blockchain and cryptocurrency called First Bitcoin (COIN:BIT) in 2016. Prior to transferring the majority of this asset to Bots, Inc., the Company updated the BIT wallet and added more functionality. Users are able to generate BIT through the processes of POW and POS mining. The First Bitcoin (COIN:BIT) cryptocurrency has a current supply of 20,707,629,255 BIT. It is currently trading on LIVECOIN.net with its explorer at www.explorer.bitcf.net.

See: https://coinmarketcap.com/currencies/first-bitcoin/
Contact us via: [e-mail] or visit www.firstbitcoin.io
follow us on Twitter; @1stBitCapital
follow us on Linkedin: https://www.linkedin.com/company/first-bitcoin-capital-corp/
follow us on FaceBook: https://www.facebook.com/BITCF/

About BOTS, Inc.

Headquartered in San Juan, Puerto Rico, BOTS, Inc. - publicly traded on the OTC Markets under the symbol (BTZI) and on Börse Stuttgart under ticker (M06.SG) - is a diversified company developing and servicing blockchain solutions and robotics for its clientele. The Company is committed to drive the innovations needed to shape the future of digital robotic automation management through digital technology and decentralized blockchain solutions. Management is dedicated to the strong growth of Distributed Asset Technology and Robotic Process Automation (RPA).
Bots, Inc. has been featured in media nationwide, including CNBC, Bloomberg, TheStreet.com. For more information, visit http://www.bots.bz
Visit us on Facebook @ https://www.facebook.com/Bots.Bz/
Follow us on Twitter @Bots_bz

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in company's filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company's website and filings.

Contact:

Paul Rosenberg
CEO
[e-mail]

[Cryptonomicon1]

Back at $10k and climbing.

[Cryptonomicon1]

LINK marines reporting for duty.

[Cryptonomicon1]

I read he is leaving to take over the Southern District NY.

[Cryptonomicon1]

No toxic debt per the filings.

https://www.otcmarkets.com/stock/BITCF/disclosure

[MD-420]

Does bitcf have any toxic debt?

[planetaryfuture]

Second Look At SEC Honcho Clayton's Crypto Perspective .....

I listened again with this November 28, 2018 interview .... of SEC Honcho Jay Clayton's interview ..... to see how he "wanted to be seen" ..... as a defining regulatory force ..... impacting digital trading Corporations related to BITCF ..... and "Blockchain Technology" .....

https://www.coindesk.com/sec-jay-clayton-consensus-invest-video

My post from January 2, 2019 follows .....

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145820032

My personal belief concerning the halt of BITCF trading had actually been to prevent "cataclysmic losses" for "special interests" who had "brazenly shorted" the ticker ..... despite cautionary WARNINGS to Investor's issued by First Bitcoin Capital leadership ..... at a time when a multitude of interested "parties wanted to accumulate" ..... There must have been a lot of margin calls when the share price appeared to be rapidly heading toward $3 per share ..... pushing forcefully into "overvalued territory" .....

Plus ..... there had been a proposed dividend offering of a so-called "Tesla Coil Coin" to all Investor's of record ..... which FINRA fell short of approving ..... if my memory serves me .... The coin had nominal intrinsic value ..... clearly stated by BITCF leadership ..... but something would surely have happened after First Bitcoin Capital Corp Investor's took possession of millions of the "tokens"..... and had been set-free to trade them .....

BITCF leadership has stated more than once that those same TESLA tokens have been placed in escrow ..... in case the offer ever sees the light of day ..... somewhere down the road ..... I saw the offering more like a future "Hope Chest" for Investor's with "skin in the game" ..... capriciously placed into a "straight-jacket" by seeming "Byzantine-Era regulatory awareness" ...... concerning the evolution and practice of cryptocurrency trading ..... at that particular juncture of history .....

And now the BTZI 1-4 stock incentive may be a practical solution toward "balancing the dividend ledger" ..... so to speak .....

Also ..... I see the transfer of BITCF assets as a remarkably brilliant business solution while "enthroned regulatory interests" continue to "stall endlessly" by way of intentionally "obstructing the process" ..... of "an eternally hoped-for" ..... "Free Market" ..... Never functionally intended to be FREE or OPEN !!! ..... in truth !!! ..... though BTZI currently trade's on the OTC ..... along with another German exchange .....

A positive common-sense shift ..... as far as I can determine !!! .....

Best Wishes

[MD-420]

What I'd like to know, is there any toxic dept with bitcf?

[lesgetrich]

I've been wondering if the sale of BITCF's assets to BTZI was a way for First Bitcoin to revalue those assets and to get around the SEC issues that halted trading in their securities. Does anyone have any perspective on what caused the halt in the first place? I seem to recall seeing something about the difficulty of placing an initial value on new crypto coins.

[planetaryfuture]

"Smart Dubai" Leverages Government Planning With AI

From my perspective ..... the information below ties in quite conveniently with the recent ..... just posted ..... BITCF-BTZI news ..... since Dubai has made a major step deploying "Artificial Intelligence" to inform the PUBLIC .... in a very practical and efficient manner .....

Needless to say ..... similar planning with AI could be advantaged by way of organizing and digesting the churning COVID-19 pandemic ..... if a will to do so existed !!! .....

Dubai Launches Food Security Dashboard

The dashboard, developed by a local government team, was supported by the innovative initiatives of Smart Dubai and the exceptional efforts of government agencies, including the Dubai Chamber of Commerce and Industry; the Dubai Port, Customs and Free Zone Corporation; and Dubai Economy.

The dashboard is capable of using artificial intelligence and data analytics to rapidly measure the five important indicators of food security: the supply index, stock availability, local production, consumption levels, and the cost of vital commodities in the emirate.

Many people realize that Dubai may be the most progressive and innovative forward-thinking government today ..... on our wonderful ..... "Heaven-on-Earth" oriented planet ..... given more time and incentive ..... coupled with a more enlightened ..... and less self-centered perspective generated by the ongoing evolution of collective consciousness ..... What I see as ..... the advancing "growth curve" of planetary awareness .....

Naturally !!! ..... as seen from my personal perspective !!!

https://www.khaleejtimes.com/news/government/dubai-launches-food-security-dashboard

Best Wishes

[MD-420]

Nah. They will dilute all shareholders in order to bring in new blood. Good luck.

[planetaryfuture]

Thanks For Posting Important BITCF-BTZI NEWS !!! .....

It looks like this news for First Bitcoin Capital Corp is poised to become a game-changer for many savvy retail Investors along with both Corporations .....

First Bitcoin Capital Corp Announces Majority Sale of Assets To Bots Inc

https://www.otcmarkets.com/stock/BITCF/news/story?e&id=1642015

Nice to see Kronos Advanced technologies connected into the deal ..... in light of the run their ticker ..... KNOS ...... has currently been on ..... along with the orientation of their timely "Pandemic-oriented" technology ..... I suspect KNOS might hit dollars quite soon !!! .....

Also curious to note "Gold-Silver Guru" ..... Mike Maloney ..... author of prescient "Hidden Secrets of Money Series" ..... happens to allegedly live in Puerto Rico .....

I have referred to the "cardinal importance" of this 10-Part series for several years now ..... relative to gaining an educated understanding concerning WHY deficit driven MONETARY POLICY is destined to fail ..... while at the same time ..... the Central Banking System ..... as currently practiced ..... will likely keep the the "entire planet" in conditions resembling "perpetual slavery" .....

Take the time to have a look and make your own decision !!! .....

"Hidden Secrets of Money"- PART ONE

https://www.google.com/search?client=avast&q=hidden+secrets+of+money+episode+1

Best Wishes

[StihlsawsRule]

Doesnt look like he is ever going to be serious about doing whatever it takes to just get BITCF on the pinksheets. So the broker/dealer BS and fake trades will continue until something absolutely blows the roof off this IMO.

[MD-420]

Is there any toxic debt?

[DutchBW]

I asked Greg Rubin (now former CEO?!) what's going on. I don't fully understand from the press releases......

[StihlsawsRule]

Greg needs to tell us how many LINK coins BITCF owns. That would definitely get things goin.

[lesgetrich]

Here's the PR...

First Bitcoin Capital Corp Announces Majority Sale of Assets To Bots Inc

TEL AVIV, ISRAEL / ACCESSWIRE / July 10, 2020 / FIRST BITCOIN CAPITAL CORP (OTC PINK:BITCF) ("the Company") a prolific generator of more than 100 unique cryptocurrencies and developer of blockchain-powered technologies announced today that it consummated the sale of a majority of its digital and crypto assets and related technologies to Bots, Inc.

BOTS, Inc. (OTC: BTZI) (GERMAN EXCHANGE: M06.SG), is Puerto Rico based, emerging innovator of products, technologies, and services for the rapidly growing digitized robotics industry.

"Today's announcement is part of an on-going effort of First Bitcoin's management to maximize shareholder value which has been driven by our commitment to continue to fulfill our investors' expectations," said Simon Rubin, Chairman and Chief Executive Officer of First Bitcoin Capital Corp. "This major transaction aligns with BITCF's strategy to continue to grow our core businesses in an efficient manner."

First Bitcoin and Bots, Inc. will now begin to enter into long-term service and project development agreements, providing reliable and cost-advantaged product development services for a wide variety projects. BTZI and BITCF's together have significant expertise and capabilities which will deliver operational efficiencies and opportunities for growth and profitability over time.

First Bitcoin and Bots, Inc., are working closely to ensure a seamless transition. The Asset Purchase transaction was closed on May 14th 2020 and included the following BITCF assets:

Minority ownership in:

- SinglePoint, Inc.,

-Medical Cannabis Payment Solutions, Inc.,

-Petroteq Energy, Inc.,

-Digital Asset Monetary Network, Inc.,

-Kronos Advanced Technologies, Inc.,

- Tipestry, Inc.;

Subsidiaries owned by First Bitcoin Capital Corp., including but not limited to:

CoinQx Exchange Limited,

First Bitcoin Capital LLC.,

D'BOT Technology Corp.;

Also included are Hundreds of domains previously owned by First Bitcoin Capital Corp.;

$1,250,000 in face value Convertible Promissory Notes issued by Kronos Advanced Technologies to First Bitcoin Capital LLC.;

US Patent 9,135,781 B1 Bitcoin Kiosk/ATM Device and System Integrating Enrollment Protocol and Method of Using the Same;

US Patent Application 2018/0315072 A1: Method and System of Facilitating Management of Cryptocurrency Based Loyalty Points Associated With One or More of a Product and a Service;

The majority of the inventory of more than 100 digital cryptocurrencies previously owned by First Bitcoin Capital Corp.

In exchange for the acquisition of these assets, BOTS, Inc. issued 100,000,000 of its shares of common stock and 30,000,000 Series A Preferred stock to First Bitcoin Capital, with a pledge to issue an additional 60,000,000 shares of Series A Preferred upon reaching certain milestones.

All Series A Preferred shares are to be retained by First Bitcoin Capital Corp. The 100,000,000 million shares of common stock are to be distributed to the shareholders of First Bitcoin Capital, where each shareholder shall receive 1 share of BTZI common stock for every 4 shares of First Bitcoin Capital stock owned with any remaining shares to be retained by First Bitcoin Capital Corp. upon a record date being set by First Bitcoin Capital Corp.

As the largest shareholder of Bots Inc., First Bitcoin's management is expected to transition to Bots, Inc., in the immediate future.

About BOTS, Inc.

Headquartered in San Juan, Puerto Rico, BOTS, Inc. - publicly traded on the OTC Markets under the symbol (BTZI) and on Börse Stuttgart under ticker (M06.SG) - is a diversified company developing and servicing blockchain solutions and robotics for its clientele. The Company is committed to drive the innovations needed to shape the future of digital robotic automation management through digital technology and decentralized blockchain solutions. Management is dedicated to the strong growth of Distributed Asset Technology and Robotic Process Automation (RPA).

Bots, Inc. has been featured in media nationwide, including CNBC, Bloomberg, TheStreet.com. For more information, visit www.bots.bz

Visit us on Facebook @ https://www.facebook.com/Bots.Bz/

Follow us on Twitter @Bots_bz

About First Bitcoin Capital Corp

First Bitcoin Capital Corp (OTC:BITCF) is the largest shareholder of Bots, Inc. as a result of exchanging the majority of its assets therefor, but began developing digital currencies, proprietary blockchain technologies, and the digital currency exchange - www.CoinQX.com (in Beta) in early 2014. We saw this step as a tremendous opportunity to create further shareholder value by leveraging management's experience in developing and managing complex blockchain technologies and in developing new types of digital assets. Being the first publicly-traded cryptocurrency and blockchain-centered company, we provide our shareholders with diversified exposure to digital cryptocurrencies and blockchain technologies.

The Company began developing its own blockchain and cryptocurrency called First Bitcoin (COIN:BIT) in 2016. Prior to transferring the majority of this asset to Bots, Inc., the Company updated the BIT wallet and added more functionality. Users are able to generate BIT through the processes of POW and POS mining. The First Bitcoin cryptocurrency has a current supply of 20,707,629,255 BIT. It is currently trading on LIVECOIN.net with its explorer at www.explorer.bitcf.net.

https://coinmarketcap.com/currencies/first-bitcoin/

Contact us via: [e-mail] or visit www.firstbitcoin.io

follow us on Twitter; @1stBitCapital

follow us on Linkedin: https://www.linkedin.com/company/first-bitcoin-capital-corp/

follow us on FaceBook: https://www.facebook.com/BITCF/

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in company's filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company's website and filings.

SOURCE: First Bitcoin Capital Corp.

[MD-420]

Mcig announced some deal with first bitcoin. Apparently you guys get one share of btzi for every 4 shares you own of this. Mcig has been a scam from the get go, so I thought I would check here and see just how legit this company is.