‘Crypto Is Not Ready’, Plus Bitcoin, Ripple and XRP, Ethereum, Tron, IOTA, VeChain: Crypto News Alert
From the state of Bitcoin and cryptocurrency adoption to a big endorsement for Ethereum, here’s a look at some of the stories breaking in the world of crypto.
Crypto and Retail
A new video from the crypto YouTube Channel The Technicals shot to the front page of Reddit/Cryptocurrency. It’s designed to demonstrate how far the emerging technology has to go before it hits mainstream adoption in retail stores.
It shows what happens when a store owner decides to test a popular crypto payment system and analyzes some of the pitfalls, including ease of use for the customer.
As blockchain technology develops, a new poll shows one out of every five people in the UK think Bitcoin payments will one day become “as common as cash or card.”
According to the survey from YouGov, an impressive 93% of all respondents have heard of Bitcoin.
Former Google CEO Eric Schmidt told economist Tyler Cowen that he believes Ethereum has huge potential.
“I think the most interesting stuff that’s going on are the beginning of execution on top of blockchain, the most obvious example being the capability of Ethereum. And if Ethereum can manage to figure out a way to do global synchronization of that activity, that’s a pretty powerful platform. That’s a really new invention.”
Ripple will make its presence known at two tech conferences this month.
The company’s global head of banking will speak during the Blockchain Startups Summit 2018 at the Frankfurt School of Finance & Management on November 15th.
Ripple’s chief marketing strategist Cory Johnson will be at the Techonomy 2018 conference at the Ritz-Carlton in Half Moon Bay, California, which runs from November 11th through the 13th.
Proudly supporting #XRP #LTC #DGB #DASH #ETC and #USDT! 😊
Experience the first mobile supported, connection free hardware wallet: https://t.co/38z0TM2vIG @Hodor @XrpCenter @SatoshiLite @LTCFoundation @DigiByteCoin @justgoodstuff11 @Dashpay @eth_classic @Tether_to @TheRealXinxi pic.twitter.com/BiCKVo1UWq
— ELLIPAL (@ellipalwallet) November 7, 2018
Meanwhile, XRP is the latest coin to be added to the Ellipal hardware wallet. It joins Litecoin, Dash, DigiByte, Ethereum Classic and Tether.
Shoe designer SBTG (aka Mr. Sabotage) has officially started selling custom shoes that use VeChain technology to verify their authenticity.
You can learn more about the partnership here.
Rumours made real: 2nd collab of @vechainofficial x #sbtgofficial releases today @urbansneakersoc Public release at #sbtgsurplus e-store:12 Nov. https://t.co/MHXLRESr2A #VeChainThor pic.twitter.com/CRmIDNcMug
— SBTG_Official (@OfficialSbtg) November 8, 2018
The IOTA Foundation has hired a new senior project manager.
IOTA says Silicon Valley veteran Anne Smith will bring “deep industry experience to her role in The IOTA Foundation. Her international project management, cross-functional experience in turning fast-growing startups to global businesses, and passion for quality will help drive IOTA’s adoption as the standard protocol and platform in the Mobility space.”
The blockchain-based game is designed to let players navigate a virtual world that’s “created and owned by millions of users collectively. Users have the absolute autonomy to decide on the rules in the virtual world and achieve self governance.”
The game’s creators say they have sold more than 106,000 parcels of virtual real estate within the game.