JUL 3 DIGEST: Escort Teaches Other Escorts about Bitcoin; BNP Paribas Calls …

A San Francisco escort has written a guide for other escorts to teach them how to accept bitcoin for their services; banking giant BNP Paribas regards Bitcoin a major disruptive invention as well as other top stories for July 3.

After Credit Card Blockade of Backpage.com, Escort Teaches Other Escorts about Bitcoin

Visa and MasterCard said this week that they will no longer let cardholders make any purchase on Backpage.com, the classified advertising website which is best known for its mature content. In response, San Francisco escort Liara Roux has now written a guide for other escorts to teach them how to accept bitcoin for their services.

Roux:

“American Express, Visa, and MasterCard are no longer accepted at Backpage.com. This is obviously an awful situation; many sex workers rely heavily on Backpage for their business. While it would be wonderful to have a magic wand and fix this problem, bitcoin is one of the few payment methods still accepted by Backpage and I want to make sure those who need it can use it.”

BNP Paribas: Bitcoin is a Disruptive Invention

BNP Paribas, one of the largest banks in the world, has released a new report in which the bank details two scenarios for the integration of blockchain technology in our financial system, while arguing that bitcoin, “the first successful attempt for a secure and decentralized register,” should be considered as a major disruptive invention “like the steam or combustion engine.”

The first scenario would hold that current players in the financial industry become redundant, while the second scenario entails the integration of blockchain technology into existing services.

Former Silk Road DEA Agent Pleads Guilty to Bitcoin Theft

Former DEA agent Carl Mark Force IV has admitted to stealing over US$700k worth of bitcoin while running the Baltimore Silk Road investigation.

Originally appeared at: http://cointelegraph.com/news/114734/escort-teaches-other-escorts-about-bitcoin-bnp-paribas-calls-bitcoin-a-disruptive-invention

JUL 3 DIGEST: Escort Teaches Other Escorts about Bitcoin; BNP Paribas Calls … is a story from: BitcoinWarrior.net

Source

TheBitcoinNews.com – leading Bitcoin News source since 2012