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Lottery Winner Invested Half in Bitcoin

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The news of an American lottery winner who put half of his winnings into Bitcoin has spread through the crypto world. First, some people believed that it is fake news. He posted a picture of the winning ticket on Reddit and no one doubts anymore.

One man from Illinois recently won half a million dollars on a scratch card. To remind you, this type of game you can play online and we at Casino Brango have an awesome offer of them. More about it you can find in the post “The Pleasure of Playing Scratch Cards Online”.

How Lottery Winner Invested in Bitcoin

Now, let’s go back to this lottery winner. The Reddit user “Joxnlol” posted an image of himself holding a certificate from the Illinois Lottery, stating that he has won $500.000 in April this year. He explained that he first had to fork over $143.000 in taxes to the state. Half of the remaining $357.000 in net winnings he went into a year-long Bitcoin investment. He also challenged readers to remind him in eight months if the investment was a good one.

Other Reddit users have different comments on his post. One of them wrote that he did the smartest thing when he put half of his winnings in Bitcoin. He added that if he could wait 3-5 years it will be much more than his win.

That’s the plan, I don’t intend to touch any of it for at least another year. I set aside money for emergencies, I set aside money for myself, and I set aside money for tattoos. The only major purchases I’ve done is I paid off my old car, set up an agreement to sell it to my friend. Bought a new car for myself and put a down payment on a house“, explained this lottery winner.

Bitcoin is the highly recommended payment method at online casinos and we already wrote you why Bitcoin so attractive. If you didn’t yet use this crypto for playing games, read our blog post on how to make your first Bitcoin deposit. Then, you just chose a game, play and win!

 

 

running a full Bitcoin node

New HTC Exodus is Running a Full Bitcoin Node

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Mobile phones have long passed the line of gadgets allowing you to make phone calls and surf the net. The latest in the line of awesome phones come from HTC under the name of Exodus 1s. What makes it great is the capacity to hold entire Bitcoin ledger. New HTC Exodus is running a full Bitcoin node and we are presenting it today.

Exodus 1S Overview

There is no doubt that HTC Exodus 1s is something new. If you are just a regular person like me, you may be wondering what running a full Bitcoin node actually means?

First of all, it does not mean that you would be able to mine Bitcoins. This phone would use an SD card that inserts into the phone and can hold the entire bitcoin ledger of transactions. The SD card does not come with the phone and the user would need to buy it separately. In order to grasp the benefits of running a full node on your phone, you would need to understand the idea behind the project.

The idea was to provide for extra layer of privacy and control. This feature should enable holding the records of all bitcoin transactions on your phone. What is it good for? It enhances decentralization of the network and minimizes the possibility of hacking.

It takes a lot of storage, though. The estimated 260 GB has the tendency to spread each year.  This is one of the reasons why most users rely on wallets that only download part of the information relating to validation, while the rest is held by third party websites.  HTC Exodus 1s features its own wallet application, Zion Vault.

Pros and Cons

As stated previously, the feature of running a full Bitcoin node has several benefits. In its essence, it should contribute to the safety of the entire network.

When using a phone with this feature, you are basically excluding third party web sites from the picture. Privacy enhances as well, as the phone user is the only person having access to blockchain.

This phone supports Bitcoin, Ethereum, Litecoin and Binance Coin. However, it can run a full node on Bitcoin only.

Big plus is the price of app. $250 which is far less than the users had to pay for the previous version of HTC Exodus 1.

Downsides include the storage needed to accommodate the data.

HTC Exodus 1s will first be placed in the markets of Europe and UAE.

Do you think that security on digital gadgets has reached its peak?

Karma Revero electric vehicle

Have You Heard About Karma Revero Electric Vehicle?

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This may not be the fastest car out there, but it certainly screams California! You have heard about Tesla and maybe had a chance to try it out. How about California-based Karma Revero electric vehicle? Reportedly, the luxury car manufacturer , Karma Automotive, now accepts bitcoin. Consequently, the interest is rising and buyers can take a peek at Karma at their stores in Newport Beach.

Karma Automotive Background

For the last 5 years, this company has been in the hands of Wanxiang Group, the Chinese international company producing car components. Before that, Karma Automotive was actually Fisker Automotive. Wanxiang Group bought Fisker for $149.2 million. The latest Karma Automotive release from October 15th, reportedly stated:

“We are opening our platform to serve as a test bed to help convert theoretical blockchain applications to practical use. Karma’s flagship store will support our efforts to prove emerging technology and provide the latest VVIP customer treatment offerings by accepting Bitcoin cryptocurrency.”

Obviously, Karma Automotive is joining the company of Ford, BMW, General Motors, Renault and Honda, JUST TO NAME A FEW. All of these companies have introduced blockchain and started using its immense possibilities in various purposes.

What Does Karma Have in Store?

First of all, Karma can deliver completely customized vehicle. They pride themselves with a great team of in-house designers willing and able to meet the luxury needs of each client.

Secondly, Karma has announced the launch of a new Karma Revero electric vehicle 2020 model. This new generation Revero is the fully upgraded version of a 2016 model. Namely, they improved the performance in comparison to the previous edition. This car features twin electric motors of 536 horsepower. Revero 2020 accelerates from 0 to 60 mph in 4.5 seconds, which is great comparing to the previous 5.4. seconds. The new generator has been set with BMW i8 engine. HV Battery has also been upgraded up to 80 miles of EV range. Notably, this is a 60% improvement comparing to the previous generation.

Karma Revero electric vehicle 2020 will feature redesigned hood, doors, deck lid, body sides, side mirrors, front and rear. The word has it that it will have largest wheels in the competitive set. Either way, one thing seems to be sure. Apparently, Revero 2020 will reflect the California style.

Although this is visible from the exterior, the interior makes for the soul of this Californian beauty. It features finest leather and wood for ultimate luxury experience. There is a front seat ventilation, as well as the heated steering wheel.

Do you think this vehicle could be your karma?

Donations in cryptos

UNICEF Embraces Bitcoin Enabling Donations in Cryptos

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Charity is a multi-billion-dollar business. On the other hand, great part of the world is struggling and that is no news. Charity foundations link the two together. Some of them do fantastic jobs in pooling fellow citizens out of poverty. Introducing cryptos and blockchain to charity work has a strong influence on how funds allocate. Unicef is embracing Bitcoin, allowing for donations in cryptos. This is great news. If there is a category that is truly endangered, it’s children worldwide.

The Project

Ms. Christina Lomazzo who is running the blockchain team at UNICEF has reportedly announced that they had developed a prototype allowing for the acceptance of Bitcoin and Ethereum donations. Reportedly, UNICEF will not be converting cryptocurrencies to fiats, which is a step further. Apparently, the largest charity in the world plans on not just HODling but spending cryptos as well. This also means that individuals and companies would be allowed to make donations in cryptos.

As we already know, blockchain fosters transparency. UNICEF is hoping that this feature could benefit their fundraising and influence the increase of the donor numbers. A big plus is the fact that every donation records on a public blockchain. Hence, no chance of funds being misused. Donations in cryptos will find the final beneficiary, as planned.

Donations in Numbers

UNICEF has purportedly generated over $6.7 billion last year. Cryptocurrencies should soon become part of that pool. As previously planned, the first donation came from Ethereum Foundation. Namely, the company donated 1 BTC and 10,000 ETH.

This project should bring together UNICEF USA, UNICEF Australia, UNICEF New Zealand, and UNICEF France.

There are many international organizations that are embracing cryptos today. Apparently, “the wave of adoption” is coming.

The UN’s Stand on Cryptos

UNICEF is not the only UN organization tackling the subject of Bitcoin. In 2018, the UN secretary -general, Mr. Antonio Guterres, accentuated the global importance of cryptos and blockchain in solving the poverty issues around the world.

The UN has a plan to make financial services accessible through blockchain by 2030. As a quick reminder, the UN has close to 20 specialized organizations and agencies working under its cap. Furthermore, there are another 20 organizations working in close relationship with the UN. All of them could become part of the crypto world sooner than we think.

Do you believe that Bitcoin can make significant changes in ending poverty?

Houston Rockets and Bitcoin

Houston Rockets is Associated with Bitcoin

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As many of you may know there have been many statements coming from reputable persons reflecting on the BTC price. The special accent was given to advantages of investing in Bitcoin. Recently, the General Manager of Houston Rockets advocated for the buying of cryptos. Hence, Houston Rockets is associated with Bitcoin.

Cryptos and Its Advantages

There are always experts advocating for or commenting on cryptocurrencies. However, nothing can compare with the news of a famous person adopting the usage of cryptos. It promotes reputability and reliability of trading and investing in cryptos.

Daryl Morey, the General Manager of the Houston Rockets basketball team, has reportedly stated that he had bought more BTC. The Internet exploded.

What this actually means? As we have written before, cryptocurrencies, and Bitcoin as the leader, serve as alternative means of payment. Their role proved to facilitate the money transfers. Moreover, as many experts claim, cryptos can take away the hassle of investing worldwide. Furthermore, the crypto world can be a safe place to trade if a person or a company is coming from economically suffering fiat markets. There have been many cases reported when a crypto market helped the people in need or the local economies that were in turmoil.

The main advantage of crypto usage is its anonymity and speed. The two things that businesspeople regard the most.

The Houston Rockets Example

In case of Houston Rockets Manager, we could say that it is not a surprise one team’s name is associated with the crypto currency. All cryptos function on blockchain. This technology provided the means for accurate, fast, and anonymous sharing of data in many industries. Sports people share the same dynamics. They also know that possibilities are limitless in both sports and finance.

Other Sports Examples

Houston Rockets is not the first team related to cryptos. Recently, we read about the case of Dallas Mavericks. This team accepted Bitcoin as the means of payment for tickets and merchandise.

Sacramento Kings was the first NBA team to recognize the potential of cryptos and to accept Bitcoin for tickets and promotional products.

Additionally, many individual sports stars have joined their names with certain cryptocurrencies. Remember Dennis Rodman and his “notorious” t-shirt when visiting Singapore? Or Lionel Messi and his endeavor with Sirin Labs? It was way back in 2017 and he issued an official statement saying:

“I am usually busy trying to decentralize defenses and after digging deeper into blockchain and decentralized systems, I’m excited to join Sirin Labs as an ambassador to make blockchain more friendly with their upcoming operating system for smartphones”

When a person with almost 130 million followers issues a statement of this kind, the marketing is basically developing on its own.

The Strange Example in the Formula 1 World

One of our favorites, apart from NBA and NFL teams, is the story of Red Bull Racing and FuturoCoin partnership. Reportedly, they team-up for a few years and will feature FuturoCoin logo on Aston Martin Red Bull Racing RB15, as well as on team transporters and drivers’ overalls. Interestingly, the value of Red Bull as a company has been estimated at $10.4 billion. Although the price of FuturoCoin showed some tumultuous trends in the past, the analysis does not predict the breakdown.

Cryptos can be unpredictable. However, when teamed up with prominent names and teams, the odds are on their side. We can only wait to see the outcome.

Do you think sports teams and cryptos are playing for a mutual cause?