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First Timers Guide: How to Get Fiat Money From a Bitcoin ATM...

You found a bitcoin ATM in Dallas Texas, which is great, but this is also your first time doing this. The following is a simple guide to help you use this ATM. Keep in mind that there are variations depending on the ATM you use, so make sure you check with the ATM’s owner first. Getting Cash First, you want to change your mining fee setting within your wallet. It should read “highest priority.” This helps confirm the transaction and gets you your money faster. The next thing you want to do is press on the “withdraw cash” button. You are going to have to enter your mobile number along with the pin number directly into the ATM. You are going to be given the opportunity to select the exact amount of cash you are intending on taking out. What you are going to do after that is scan the QR code that pops up on the screen. You are going to have to scan this code using your wallet. Your smartphone is going to be acting like a camera. Try to scan the code, or clean the lens on your phone if you are having a hard time scanning the code; then, you can try again. Do not try to send the bitcoins manually because the ATM won’t accept that. Wait until you can scan the QR code. You are going to get a redemption code after the bitcoin is confirmed through text. This is the code you are going to use to get your cash from the bitcoin ATM in Dallas, Texas. RockItCoin Bitcoin ATM is a good way to get money from your wallet, and it is a good way to buy coins if you are interested, but you can learn...

Could the SEC Change the Accredited Investor Status Criteria in 2020?...

Accredited investor status opens the door for particular qualified investors to participate in numerous private security offerings. The current qualifications for individual accredited investors mainly involve two requirements, either one which must be satisfied. The first is the income requirement, in which an investor must have more than $200,000 in income in each of the previous two years, or $300,000 with a spouse, and expect to earn the same amount in the current year. The second is the net worth requirement in which an investor must have more than $1 million of net worth, either individually or jointly, not including the value of the primary residence. The SEC recently concluded its comment period on its concept release seeking input on the existing complex assortment of its rules regarding exemptions. An important part of the Commission’s request for comment was the accredited investor definition. If the SEC modifies the accredited investor definition, it will need to address a number of issues in 2020. These include: The Wealth Criteria When it comes to accredited investor status, the wealth criteria that has been set by the SEC plays a big role in determining who falls under this category. The $200,000 income requirement and the $1 million net worth requirement have not been modified since 1982, other than removing the primary residence of the investor from the net worth calculation per the Dodd-Frank Act. The number of accredited investors who qualify this way has increased significantly since the 1980s, in part due to inflation. Additional Measures One issue to be evaluated is whether wealth alone should be linked so closely with investment sophistication. Should the SEC continue to determine the accredited investor status based on financial measures alone? In determining whether an exemption is appropriate, is the ability...