This subreddit is dedicated to promoting the businesses that accept Bitcoin in New York City. Businesses in any of the Boroughs are welcome and encouraged to announce their acceptance of Bitcoin as a payment.
Founder of Uphold (former Bitreserve) is a trademark troll. In 2014 he secured bit-related trademarks and uses his patents to seize domains and destroy or hinder other bitcoin related businesses.
Due to the recent post regarding uphold threatening to sue Andreas Antonopoulos! I think it's time for me to reveal what happened to me in 2015. I am the owner of the domain bitreserve.com, registered in February 2011. I was an early adopter of bitcoin and bought the domain with the intention of setting up a wallet service for transferring BTC similarly to what e-gold did back in its days. Due to illness, I did not release the wallet as of now. A couple of years after I bought the domain, the now bankrupt ex-billionaire Halsey Minor discovered bitcoin, and unfortunately for me, decided that he liked the name “BITRESERVE”. He bought .org, .net. At first, this was not an issue. In 2013 we had an e-mail correspondence talking about our businesses, and Halsey asked if I was willing to sell the domain to him. I had at the time began the work on bitreserve and did not want to select another domain, so I refused repeatedly. Eventually I gave in and told him a big sum of money to make him stop bothering me for the domain. After a short reply indicating that he was offended, there was silence. Skip ahead until May 2015 when out of the blue I received this threatening letter from his lawyer, demanding that I give him the domain free of charge, because according to him, I was, in “bad faith”, profiting off his trademark (since I wasn't using the domain at the time I had it redirect to a non-profit open source project (getmonero.org)). Furthermore, he let me know in very clear terms that he would use the law against me if I ever tried to launch my bitreserve service on bitreserve.com. After some research I discovered that Halsey had grabbed a bunch of trademarks in 2014 and was now using them in an attempt to steal from others.
The BITRESERVE logo
Notice how they have secured a trademark on “bitgold” ? That term goes way back into the 90s cryptographer Nick Szabo. In an e-mail from January 2015, Bitreserve said that it will sue bitgold.com (another Canadian based bitcoin exchange) into oblivion once they launch their service. The fact that they have even trademarked bitelectrum tells a lot about their ill intentions. Bitshares has since long established with bitusd etc, a topic discussing the possibility of Uphold to steal it can be found here. It turns out the founder Halsey Minor has a history of being extremely litigious, in addition he bailed on his debt and declared bankruptcy in 2013, after apparently losing his fortune on bad investments, art, hotels/real-estate and unfinished projects (and losing lawsuits?). The new CEO of Uphold (Anthony Watson) is no better when it comes to legal threats and threaten to sue me if I use the domain for anything. Halsey Minor does not believe in bitcoin at all, to quote him "Bitcoin will not exists in 5 years". And the fact that the current CEO calls Andreas a "random he has never heard of" speaks volumes. I urge you all to not support a company run by these individuals. In fact I wouldn't trust them to keep your money safe *.
05-05 12:52 - 'Where to find affiliate marketers for bitcoin-related businesses?' (self.Bitcoin) by /u/NotAnAdultyet removed from /r/Bitcoin within 2991-3001min
''' Greetings, I am a marketing manager at one of the biggest online betting websites in the world. Our whole system uses crypto, and we've grown to the point where we have a team of almost fifty people working full-time from all different backgrounds and nationalities. However, I've been given the task of increasing our numbers of partners. Firstly, our conditions are great (we have an online system for partners where they can check their earnings, comissions averaging 20%, plus guaranteed weekly payments) but I haven't had much luck due to my inexperience in the field. I search for bitcoin-related websites (in English, Spanish and Portuguese), send them an email, but very rarely do I get an answer. Plus, it seems like such websites rarely have a phone number which makes contacting them that much harder. With the rise of crypto-related businesses, it seems like the demand is greater than the supply when it comes to potential partners (both websites and individuals). What are your methods when it comes to acquiring affiliate marketers? Are there databases publicly available? What media channels do you use? I'm really curious. ''' Where to find affiliate marketers for bitcoin-related businesses? Go1dfish undelete link unreddit undelete link Author: NotAnAdultyet
Where do you go to learn about new Bitcoin-related businesses? Is there interest in a weekly mailing list with a paragraph each about new Bitcoin-related businesses from that week? It would help new businesses gain some exposure, and help Bitcoin users find places to use Bitcoin.
For the newbies, should we have a sticky that lists how trustworthy various bitcoin related businesses are (for example: confirmed fraud, likely fraud, tread with caution, probably safe, confirmed safe)?
Founder of Uphold (former Bitreserve) is a trademark troll. In 2014 he secured bit-related trademarks and uses his patents to seize domains and destroy or hinder other bitcoin related businesses. /r/Bitcoin
Offering Discounted Translation/Localization Services to Bitcoin Related Businesses
Hey everyone, I'm not super active in this sub, but I do lurk quite a bit and I love what the community is doing to promote Bitcoin globally. I'd like to help you all out in your Bitcoin related endeavors, and fortunately I think I'm in a position to do so. I'm a branch owner at a small translation company based in China and we specialize (logically so) in translations to and from Chinese. Seeing as China is currently the (second?) biggest bitcoin market, I imagine there's a pretty big demand for translation and localization to and from this market. So, what I'd like to offer is discounted translation service payable for in bitcoin for any bitcoin related business, website, etc. We offer translation from Chinese into Arabic, English, Italian, Japanese, Korean, and Russian as well as English to Chinese. Other languages are definitely possible with enough prior notice. Prices will be determined on a case by case basis, but expect something around 10¢ per word (source language) give or take. If this sounds like something you could use then please don't hesitate to send me a pm and we'll get everything hashed out in a jiff!
With Nab bank not doing business with bitcoin related businesses, I recommend taking funds/btc off Coinjar.
The owner Ryan Zhou Tong has a pretty bad reputation with his last exchange. I would be a little concerned with having funds there now that nab will stop doing business with them. In the case of a bank run. Hope this isn't creating fud, just be cautious.
Clarification regarding FinCEN's guidance on Bitcoin related businesses.
Legalese is not my native language. I mostly speak English with some HTML and CSS. I was wondering if someone here might be able to provide a little bit of clarification to the laws which apply to Bitcoin. From what I was able to gather from FinCEN's guidance the basic rule is "if it stays in Bitcoin it's OK". How does this apply to industries which are regulated outside of Bitcoin? Lets say gambling for instance? Do the gambling laws still apply for Bitcoin only based gambling websites? Or does it come down to the specific gambling laws themselves?
PSA: My highly-incomplete list of Bitcoin related businesses/projects/resources
Let's try to get on the same page here and allow many new users to quickly get up to speed. bookmarks btc.html (You should be able to import this into your browser's bookmarks) I'm sure I'm missing dozens of websites, so feel free to post them here.
Some banks (and paypal) used to cause people all kinds of problems if connecting to any sort of bitcoin related business. Closing accounts etc. Has that all stopped? I see many people talking about sen..... Which banks are bitcoin freindly and which unfreindly now in december 2017?
Some banks (and paypal) used to cause people all kinds of problems if connecting to any sort of bitcoin related business. Closing accounts etc. Has that all stopped? I see many people talking about sending and receiving from coinbase now etc. Which banks are bitcoin freindly and which unfreindly now in december 2017? Edit: Chase is on the shitlist closed this guys business account when he connected it to coinbasetransfer may 2017 https://m.youtube.com/watch?v=adOqE_GGR70# Suntrust on the shitlist closed this guy out in june 2017 https://m.youtube.com/watch?v=aQargR_RzRk# Us Bank PNC on shitlist threstend to close accountsnt if person didnt saywhy hey bought bitcoin. https://youtu.be/pPA0zl6ceq0 Wells fargo on shitlist (many other reasons as well) from comments on above video commenter said they threAtened to close account if he didnt explain his bitcoin purchase.
Bank of America does not allow open bitcoin related business account!!!
I start a company for mining bitcoin. But today when I went to open a business account the manager told me BOA does not open a business account related to cryptocurrency! Anyone have similar experience? Is there a bank that can take my business?
The high transaction fees doubly hurt the merchant side of bitcoin related business
When you make a payment to a merchant and that merchant uses bitpay... what happens is bitpay has to liquidate the payment so they can fulfill their process of transferring dollars to the merchants account in a couple of days (and less than the 1+ week it requires for credit cards ). The problem with high transaction fees is not only does it deter people from using bitcoin in the first place to pay for something, but even if they do pay the payment itself carries a burden on the merchant (in this case bitpay). Every payment they receive will add to the transaction size and since bitpay needs to settle with an exchange they have to pay that side of the cost (which must inevitably be transferred back to the merchant somehow). The lightning network does not magically fix this problem. Even if everyone that bought at a bitcoin accepting merchant did so through the lightning network with an open channel that involved bitpay themselves and whatever exchange bitpay uses... the bitcoin payment could not be settled for dollars with a channel open. That means that either: Settlements would start taking longer than credit card so merchants would receive their money much later to give time for consumers to open/close channels and therefore cancel their promise of fulfilling faster money in your account times... or they would simply not be able to use the lightning network in a meaningful way. Note: Schnorr signatures could help with this problem. Not the lightning network.
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