Talking Bitcoins, China, Asia and the Future at the IFX EXPO

As part of the iFX Expo in Hong Kong in January, our own Avi Mizrahi moderated a panel on "The Role of Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term and Digital Currencies in Asia."

Taking part in the panel were:

Rich Teo: Co-founder and CEO Asia of itBit, a global Bitcoin exchange focused on the use and regulatory standards of the existing financial industry

Maxine Ryan: COO and co-founder of Bitspark, an all in one Bitcoin platform which provides Bitcoin solutions worldwide

Jase Leung: CEO and co-founder of Bitcoinnect, a Hong Kong company engaging in secure and convenient cryptocurrency gateways

Hugh Madden: Co-founder of ANX, a Hong Kong-based cryptocurrency exchange which also integrates trading and payment features in their service

The major theme discussed was the current position of Bitcoin in Asia and ways clients can benefit from it in the coming future. Other topics included the opportunities for international financial firms to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term Bitcoin as an international payment method in Asia, the risks involved, final position of the Chinese government on Bitcoin and much more.

https://www.youtube.com/watch?v=wPqtdwMkSS4