Chinese care Banks to Just Say No to Bitcoins as Values Tumble

Chinese care Banks to Just Say No to Bitcoins as Values Tumble

As Chinese and Dutch authorities forbade their banks from accepting Bitcoins later final week, the cryptocurrency tumbled in value (Image: Information Week)

It’s almost come to symbolize the war between organized society and the maverick movement away from it, but whatever your views on Bitcoins the world’s most widely used cryptocurrency and much in the news of late the news ended up being not good about them late final week. After several weeks of skyrocketing value hikes that took the digital money from about $60 per Bitcoin last March to more than $1,200 in late November, a stern caution through the central Chinese bank not to manage the currency caused a tumble that, as of press time, had Bitcoins poised between $731 and $737 in US dollars.

Meaningless Currency

The caution came after the bank noted that the cryptocurrency does not have any ‘real meaning’, does not have any legal backing and shouldn’t be managed by the Asian country’s banking institutions at all. Also noted and most likely more during the root of the Chinese banking system’s disdain for the money had been the recent high-profile connection between Bitcoins and cash laundering and illegal items procurement, particularly on sites like Silk path, which was recently seized and shut down by the FBI, just to reopen a month later ‘under new management.’

Prior to the publicly issued warning, Bitcoins were gaining in appeal with the Chinese as el Continue reading

Tipperary Casino Would Be Built on the Green, Green Grass of Home

Tipperary Casino Would Be Built on the Green, Green Grass of Home

A proposed Tipperary casino in Ireland would only be for those with a lot of green to go with their silver

It is a way that is long Tipperary and according to one prospective Irish casino developer, you are only getting there if you have cash. That is the word from Richard Quirke, the developer that is arcade still has hopes to build a casino in Tipperary County, even as the Irish government shows no signs of allowing any such project to go forward.

That statement came in a submission by Quirke to your Oireachtas Justice Committee, which included it as part of a plea for further consideration of major resort gambling enterprises in Ireland. In that distribution, Quirke said that the poor wouldn’t normally become addicted to gambling at his casino for a very easy reason: they’dn’t have the cash to travel there.

Got No Green? You Won’t Be Observed

‘The existence of casino gambling in Monte Carlo has no effect on gambling in deprived areas of Marseilles,’ Quirke said, using the famous resort that is french town for instance. Quirke additionally pointed out that the bonus code winner casino profile of the typical casino patron has changed to a more middle-class clientele, as opposed to the stereotypical struggling poor gambler of yesteryear.

The proposed casino will be one located within the unlikely location of Two-Miles Borris, a small village with a populace of just around 500 that marks their 1900 All-Ireland Senior Hurling Champ Continue reading