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Crypto’s Mark Zuckerberg Pitches ‘SpaceX Coin’ to Elon Musk

Crypto’s mark zuckerberg pitches ‘spacex coin’ to elon musk

Crypto’s Mark Zuckerberg Pitches ‘SpaceX Coin’ to Elon Musk

Crypto’s mark zuckerberg pitches ‘spacex coin’ to elon musk

By CCN.com: The CEO of Binance, the world’s largest bitcoin exchange, is courting Elon Musk to hop on the crypto bandwagon by teasing a proprietary SpaceX cryptocurrency.

CZ: Crypto can finance space exploration

Binance CEO Changpeng Zhao made the pitch on Twitter, where he quipped:

“SpaceXcoin, Elon Musk. Space exploration shall be funded globally using crypto. Investors shall have their names inked on the blockchain.”

Zhao has been called the “Mark Zuckerberg of Crypto” for his pioneering efforts with Binance, which has rocketed become the No. 1 cryptocurrency exchange in the two short years since it launched in 2017.

Zhao earned the moniker from the hosts of the popular podcast Coin Talk, who compared CZ to Zuckerberg, who mainstreamed social networking.

bitcoin bros pursue Elon Musk

For several years now, crypto shills have been trying to woo Elon Musk on Twitter. Presumably, they hope that having the Tesla and SpaceX CEO — whose net worth tops $20 billion — would lend legitimacy to the nascent industry by becoming a crypto evangelist.

On April 29, Musk caused a frenzy when he nonchalantly tweeted the single word “Ethereum.” Minutes later, Musk jokingly followed up by tweeting “jk (just kidding).”

Not surprisingly, crypto bros immediately pounced, urging Musk to buy bitcoin, Tron, and every other cryptocurrency imaginable.

At one point, Musk asked Ethereum co-founder Vitalik Buterin to explain what can be developed on the Ethereum blockchain. Buterin stepped to the mic and delivered his best 13 suggestions.

Musk praises bitcoin but owns no crypto

Despite being an avowed technophile, Elon Musk does not own crypto, as CCN reported.

“I literally own zero cryptocurrency, apart from .25 BTC that a friend sent me many years ago,” Musk confessed on Twitter in February 2018.

In February 2019, Musk warmed up a bit and remarked that bitcoin’s structure “is quite brilliant.” But Musk admires crypto from a distance, despite the wishes of the crypto community, which is desperate to claim him as one of their own.

Musk jokes: ‘Cryptocurrency is my safe word’

In April 2019, Musk caused another frenzy when he joked that “cryptocurrency is my safe word.”

The South African mogul was reacting to a Twitter user who joked that he’s annoyed because Australian entrepreneur Craig Wright isn’t suing him for denying that Wright is Satoshi Nakamoto, the mysterious inventor of bitcoin.

Wright, a computer scientist, has repeatedly claimed that he’s Nakamoto but has yet to offer verifiable proof.

In April 2019, Wright sued crypto podcaster Peter McCormack, saying McCormack defamed him when he called him “a fraud” and said he was lying.

Wright is seeking damages of £100,000 (or roughly $130,000) in his libel lawsuit. That’s not a significant amount for such a lawsuit.

Rumors swirled that Elon Musk is Satoshi

In November 2017, Musk denied rumors that he was Satoshi Nakamoto. The speculation erupted after a former SpaceX intern wrote a blog post declaring that “Satoshi is probably Elon.”

On his 2017 blog post, former SpaceX intern Sahil Gupta posited that:

  1. Satoshi Nakamoto is probably Elon Musk.
  2. Elon Musk is today’s Ben Franklin.
  3. bitcoin could be more useful with Elon’s guidance

Musk: I am not Satoshi Nakamoto

Gupta reasoned that it only makes sense that Musk is Satoshi because “Elon is a self-taught polymath” who has repeatedly innovated across fields by reading books on a subject and applying the knowledge. He explained:

“It’s how he built rockets, invented the Hyperloop (which he released to the world as a paper), and could have invented bitcoin.”

“Elon has said publicly he doesn’t own any bitcoin, which is consistent with a ‘Good Satoshi’ who deleted his private keys.”

“Elon – if you are Satoshi, thank you. If not, well, thanks for the Tesla Roadster.”

Musk responded to the rumors by denying that he invented bitcoin.

P.S. – Musk isn’t the only entrepreneur in his family.


Published at Wed, 01 May 2019 14:48:55 +0000

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CoinDirect Runs ICO to Offer Decentralized Platform for Casino Industry

Blockchain developer Nico Ami Lee announces the opening of the CoinDirect.io – an open source platform for online gambling where bitcoins & other major cryptoassets will be sent directly from player to player eliminating the third party. 


The mission behind project is to decentralize gambling experience further by moving casinos away from managing player’s funds with help of well-established blockchain networks such as bitcoin, Ethereum & BitShares.

Cryptocurrency became the choice for many online. However, it did not solve one of the oldest problems of online casinos – transparency of the house and high fees. Up until today online casinos try to stay transparent with a method called “Fairness Check”, but often it does not work effectively as casinos always have the power to hide crucial information from the player.

In order to prevent this from happening all casinos need to undergo regular and thorough audits. This leaves casinos dependent from the auditors and additional costs associated with such compliance increase costs in operating a gambling business.

Nico Ami Lee a co-founder of the CoinDirect.io, explains the potential of the upcoming project: “With such application platform customers can conveniently develop, run, and manage blockchain layer applications without the complexity of building and maintaining the infrastructure typically associated with developing or launching an app.

The code execution platform enables developers to build and deploy a decentralized, automatic management of funds into almost any casino application without incurring any start-up costs. Therefore we create a truly transparent and decentralized solution to heavily regulated and relatively conservative market.”

With the help of CoinDirect existing casino networks can save millions and new-players may get into the market with much less effort and costs. Main advantages of the platform:

1. Complete transparency, therefore no need of additional auditing

2. Very low gambling fees

3. Full control of funds

4. Instant transactions

5. Direct money transfers from player to player & much more.

An idea of establishing a blockchain PaaS company has been developed since 2015, and in early 2017, the legal entity of “Coin Direct Ltd.” was established. Company is headquartered in Honk-Kong and operates as a small team of 5, plus several supporting members.

Team is raising money with help of crowdfunding campaign for further platform development. Company plans to launch a Beta version in October 15th and start mass-scale marketing of the platform from 1st of January, 2018. The token presale has started on 1st of April, 2017, ends on 31st of August, company issues 6,500 tokens on bitcoin network. These tokens are designed to be used for dividend distribution and voting on the CoinDirect platform.


Images courtesy of Coindirect.io, Shutterstock

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