Luxury Brand Unveils Bitcoin Watch, Crypto Millionaire Rolls Out App, and US Presidential Candidate Accepts BTC, BCH, ETH, XLM, BSV Donations
Blingy Bitcoin Watch
Swiss watchmaker Franck Muller is now selling Bitcoin watches.
The Encrypto Watch includes its own unique public address etched on the dial and a sealed USB containing the private key. Owners will be able to add Bitcoin to their wallet and monitor their balance directly through the dial.
Regal Assets, the crypto investment company that partnered with Muller to create the watch, says the Encrypto’s cold storage wallet relies on offline-generated, non-deterministic TRNGs (True Random Numbers Generated) to prevents hacking.
Each model includes a dial that incorporates the QR code of Satoshi’s Genesis Block address, as well as a custom-designed “B” within an emblem of circuitry.
The Encrypto collection includes both men’s and women’s watches and has models advertised between $10,780 and $55,880.
New BTC Micro-Investment App
A crypto millionaire has launched an app that’s designed to provide an “easy onramp” for people to get involved in the world of Bitcoin investing.
Erik Finman, the 20-year-old who first invested in BTC at age 12, has rolled out CoinBits, which allows users to buy fractions of a Bitcoin from spare change. The change is accumulated whenever a user makes an everyday purchase. The amount of the purchase is rounded up to the nearest dollar and the additional change is invested into small amounts of Bitcoin.
In an interview with Cheddar, Finman says he believes the lack of an easy entry into crypto investment is one of the industry’s biggest problems – and one he hopes his app will alleviate.
“It allows you just to sign up, connect your payment information and buy Bitcoin. I know that sounds simple but that’s actually been really hard for people. Just to have it where it just works. It makes it super easy: You can invest in it manually or, two, you can have it where you can connect your debit card or credit card to it where every time you swipe, it just invests a little bit of Bitcoin. So you can run it in the background, have it on autopilot, set it and forget it. Make it super easy.”
Presidential Candidate Asks for Crypto
2020 Democratic presidential candidate Eric Salwell has announced that he’s accepting crypto contributions for his campaign.
The Bay Area congressman is partnering with the White Company, a blockchain firm that will facilitate the donations and make them fully compliant with Federal Election Commission regulations.
The crypto payment platform is using a Stellar-based stablecoin, where each donation can be individually verified. The transaction fees are less than a penny and settle in three seconds, allowing Swalwell instant access to the funds
Swalwell says US regulatory policy needs to embrace new technology like blockchain.
“Blockchain can change the world, if we let it. So much of our public life now exists online, and there’s no reason to believe we can’t extend this further into our democracy and our economy – from exercising our right to vote, to how we look at cryptocurrency.”
Supporters can make contributions in Bitcoin (BTC), Ethereum (ETH), Stellar (XLM), Bitcoin Cash (BCH), Bitcoin SV (BSV), WSD stablecoin, Visa, Mastercard and American Express.