OTCbid - Bitcoin Could Be More Resilient to Global Electric Failure Than Banks

" In a world without electricity and the Internet, Bitcoin would find alternatives to flourish, argues Andreas Antonopoulos..

What if the world was hit with another major disaster, but this time, it included global electrical failure? Would Bitcoin (BTC) survive, would it thrive, what about the banks? — We have the answers.

Bitcoin consumes massive amounts of electricity and with the constant growth of the network, this number will only increase. The Bitcoin protocol relies on the internet for communication. Thus, if all of a sudden, if there was a disruption to the world’s electric grids, one might conclude that this would doom the cryptocurrency. " - Read Full Article

Source: Cointelegraph



-6% Gross, -3% Net, Canada

Look For Buyer Mandate Only -

NEW: 30K Up To 500K+ BTC @ -6% Gross, -3% Net, Canada - Look For Buyer

(Seller :  TR KM)

Post: 22.5.2020

  • I am direct to Seller Mandate from a large BTC Seller. Seller is a large Miner

  • 500K+ BTC available. Discount:

  • Min 15K BTC at -4/-2, need to start 10K BTC for first tranche

  • Or Min 30K BTC tranche, -6/-3

  • Buyerside = 1 or 1.5% (open)

  • Sellerside = 1 or 1.5% (closed)


  • 1.) Buyer fill & sign Spa and then Seller fill & sign.

  • 2.) POF and POC as well KYC check will be exchanged during a video call between seller and buyer for protection of information for both sides:

  • POF: Buyer provides bank statement.

  • POC: Seller provides video with the special code name given by the buyer and present date.

  • KYC: Passport will be shown between seller and buyer during the video call and not added in the contract to protect both sides.

  • 3.) Buyer submits his receiving wallet straight to the Seller thru the video call too.

  • 4.) Seller issues the invoice for the agreed amount of BTC first tranche

  • 5.) Buyer's BO will call the Seller's BO notifying the bank of the upcoming payment. Buyer pays for the agreed amount of BTC via MT103 Cash Wire Transfer, GPI Wire Transfer, or via Telegraphic Transfer (TT) and provide the slip to the Seller.

  • 6.) Upon receipt of the payment to Seller´s designated bank account


Interested parties should contact :



19 views0 comments