Pennies to Pounds
In case you are a hermit (and even hermits have mobile phones a la Sue Perkins) and haven’t heard, Bitcoin is closing in on $20,000 or around £14,600. If you’ve been actually following what’s going on, you may have come across a strange phenomenon. If you put in a very low transaction fee to send […]
UK Treasury to regulate crypto currencies
We’ve been saying it for months, and now you know what we said was true. The United Kingdom Treasury has announced plans to regulate the trading and transfer of cryptocurrencies with a view to cracking down on money laundering and tax evasion. The regulations have not yet been specifically stipulated, but will certainly include anti-money […]
SCOTCOIN COMPLETES £80,000 FUNDING ROUND
The Scotcoin Project CIC (“Scotcoin”) announces it has raised £80,000 in its latest funding round. The funds will be used to increase awareness of the Scotcoin crypto currency and promote its usage as both a store of value and as an emerging means of acquiring goods and services, online and instore. Further announcements are expected […]
Jamie Dimon’s company changes its mind
J.P. Morgan is considering whether to provide its clients access to CME’s new Bitcoin product through its futures-brokerage unit. Oh Jamie… The irony of the announcement, of course, is that Jamie Dimon has been the most outspoken critic of Bitcoin on Wall Street, calling it a ‘fraud’ and saying that anyone who invests in Bitcoin […]
What will shape future demand for Cryptocurrencies?
In the past year, we have seen an explosion in the value of the global cryptocurrency market. Bitcoin’s price has increased by 850%, Ethereum’s by 2900%; and the market capitalisation of the cryptocurrency market has increased from around $13 billion to over $200 billion. Such a rapid increase reflects uncertainty surrounding the value of global […]
Cryptocurrency FAQs
What is block chain and what is cryptocurrency? Is there a difference? Blockchain is the enabling technology that underpins cryptocurrency. Cryptocurrency is money based on trust in cryptographic, mathematical proofs. Why has block chain and cryptocurrency become so popular? Crypto currencies are not inflationary. They are cheaper to transact and do not rely on […]
Bitcoin versus Scotcoin
I’ve been busy recently with all the work going on in respect of our new private blockchain. Bitcoin of course has continued to rise (and may I say, I told you so every time it “crashed” it was going back up). But the rise in Bitcoin has had a profound effect which is now changing […]
Scotcoin moving up
We will very shortly be issuing a series of press releases which will begin to outline our exact plans for the future of Scotcoin. EDITED: NEWS UPDATE HERE You can buy Scotcoin here: https://exchange.scotcoinproject.com
Scotcoin moves to private blockchain
PRESS RELEASE: 23 October 2017 – SCOTCOIN TO MIGRATE TO ITS OWN PRIVATE BLOCKCHAIN The Scotcoin Project is pleased to announce that it has awarded the contract to manage the migration from the Counterparty blockchain to its own private blockchain to Scotesq, a fintech company based in Edinburgh, Scotland. The new blockchain will remove intermediate […]
Promotional graphics
Scotcoin Accepted Here The Scotcoin Project team is working on getting Scotcoin accepted by a wide variety of vendors – we want retailers to be able to display our logo so you know you can spend your Scotcoin in their shop. Our marketing team was equally split on the different logos though – so in the true spirit of Scotcoin being a coin for […]
