Ron Paul Bitcoin survey / Turkey's CBDC / Coca-Cola and the blockchain

Inside Bitcoin presented by The Ascent.

Presented by Subscribe | View in browser Market Watch: Industry prices remain relatively unchanged today. Stellar, currently in 10th place, has seen a significant rise in the past 24 hours, jumping over 16 percent in value. Bitcoin: $9,308 (⬆️ 0.73%) // $167.8 billion market cap. Ethereum: $186 (⬆️ 1.05%) // $20.1 billion market cap. XRP: $0.299 (⬆️ 2.15%) // $12.9 billion market cap. Bitcoin Cash: $290 (⬇️ 0.50%) // $5.2 billion market cap. Top 100 Winner: Stellar: $0.080 (⬆️ 16.18%) // $1.6 billion market cap. Top 100 Loser: iExec RLC: $0.617 (⬇️ 9.59%) // $49 million market cap. Prices are as of 12:30 p.m. EDT.       1. Nearly 60 percent of voters would pick Bitcoin as an investment choice for 10 years, according to a survey posted by former U.S. Congressman and former presidential candidate Ron Paul on Twitter. Yesterday, Paul posted a tweet to his nearly 650,000 followers asking them how they would accept a $10,000 gift that they couldn't touch for 10 years. So far, over 70,000 people have cast their vote, with 58 percent in favor of Bitcoin. Gold is in second with 33 percent, followed by a 10-year treasury bond at seven percent and federal reserve notes bringing in two percent. Paul has spoken in a favorable manner regarding cryptocurrencies in the past. In July, during an interview with CNBC's "Squawk Alley," Paul said that he thought cryptocurrencies were "a great idea." Yesterday's survey follows after a Bitcoin gift that he received from Bobby Lee, board member of the Bitcoin Foundation and founder of Bitcoin wallet Ballet Crypto, last week. It's believed to be his first Bitcoin. –@RonPaul       2. Turkey's President Recep Tayyip Erdogan has indicated that the government should complete its testing of a central bank digital currency (CBDC) in 2020. According to a report, the blockchain-based digital lira is to be issued by the Central Bank of the Republic of Turkey in line with its 2020 Annual Presidential Program. Turkey is the latest country to explore the potential of a central bank digital currency. China is another, which has said in the past that its CBDC is ready to launch. –COINTELEGRAPH TURKEY Why it Matters: It is hoped that Turkey's CBDC will strengthen the country's economy while helping make Istanbul a more appealing global financial center.       A MESSAGE FROM THE ASCENT 0% APR is 100% an insane deal If you've been dreaming of a "one-card wallet", it's time to wake up and get your hands on this one that offers 0% intro APR for more than a year, and the highest cash back rate we've come across. Oh yeah, that includes double cash back in the first year, and no annual fee. Click to learn more.  3. Coca-Cola is introducing a blockchain-based solution developed by German software firm SAP to manage its supply chain. Coke One North America (CONA), which manages the IT services for the bottlers, is in charge of operations involving the manufacturing, bottling, and shipping of 160,000 orders of Coca-Cola products each day, generating more than $21 billion in revenue every year. According to Andrei Semenov, senior manager at CONA, there are several "transactions that cross-companies and multiparty that are inefficient," which go through middlemen and are slow. By turning to blockchain, the company believes they have a way of improving this service and saving money. –BUSINESS INSIDER       4. The British Columbia Securities Commission (BCSC) has seized control of the Einstein cryptocurrency exchange. Announced yesterday, the BCSC said that it had filed to take control of the platform and that it was planning to shut it down within the next 60 to 90 days. A court filing states that the exchange owed its customers $12.4 million. The commission had previously received a number of complaints from customers alleging that they were unable to access their funds on the platform. –COIN DESK       5. The Stellar Development Foundation (SDF) has burned 55 billion of its Stellar Lumens (XLM) tokens in an effort to become more efficient as it moves forward. Prior to the burn, the foundation had 85 billion tokens that were pegged for SDF operations, giveaways, and partnership programs. It now has 50 billion tokens, taking into consideration the coins already in existence. Since the burn, the market has responded positively to the news, with the token's price rising 16.36 percent in 24 hours to $0.080 per coin. –@STELLAR DEVELOPMENT FOUNDATION/MEDIUM       6. Bitcoin Cash advocate and former CEO of Bitcoin.com Roger Ver is giving away $1 and $5 worth of Bitcoin Cash, stating that it could one day amount to $1,000 or $5,000. Ver posted a message on Facebook yesterday with the offer to Facebook and non-Facebook friends to help spread the adoption of the coin. –@ROGER VER/FACEBOOK       7. Jet Token is aiming to raise $10 million in a funding round that would enable travelers to use ERC20 tokens to lease private jets. According to the company, the use of crypto would "allow for faster booking confirmation" of chartered flights. Jet Token also believe that travelers willing to pay the money will get access to more options if the market was managed better. –COIN DESK       8. Cryptocurrency exchange Huobi Global is to freeze all U.S. customers' accounts from November 13 onwards. In a blog post, the platform stated that as per its user agreement, it prohibits customers in the U.S. from using its trading platform. It goes on to say that accounts in America "have been gradually disabled to prevent any further trading or transferring." –HUOBI GLOBAL       9. Gold advocate Peter Schiff has said that a crypto asset backed by gold in China would put Bitcoin at a disadvantage. He was responding to Max Keiser, host of the Keiser report, who argued that he was "an idiot" for thinking gold was better money than Bitcoin. In response, Schiff stated that a crypto coin backed by gold in China would be "bullish for gold and bearish" for Bitcoin. –@PETERSCHIFF/TWITTER       10. Business-to-business (B2B) cross-border payments on the blockchain are projected to hit $4.4 trillion by 2024, after reaching $171 billion in 2019. That's according to findings from Juniper Research. According to the study, financial firms will save around $7 billion by 2024 thanks to the blockchain-based systems. The use of the technology is helping to digitally transform financial operations. –BUSINESS WIRE       This newsletter was written and curated by Rebecca Campbell. She has been writing and reporting on various industries for the past 10 years, more specifically tech in the last three. Connect with her on Twitter.         Ad For those who dream of a one-card wallet. Learn more here.

We're Hiring! Learn more. | Sponsorship opportunities Copyright © 2019 Inside.com, All rights reserved. Our mailing address is: Inside.com 767 Bryant St. #203 San Francisco, CA 94107 Did someone forward this email to you? Head over to inside.com to get your very own free subscription! You received this email because you subscribed to Inside Bitcoin. Click here to unsubscribe from Inside Bitcoin list or manage your subscriptions.