Please direct media inquiries to James V. Barcia using james@nycbitcoincenter.com New York City's premiere Bitcoin and digital currency center, located at 40 Broad Street in the heart of Manhattan's Financial District, 100 feet from the NYSE. Bitcoin Center NYC Salutes

Florincoin Effort to Aid

Venezuela Crisis on Monday

Celebrates a Peer Digital Currency and

Blockchain’s Benefits at the World’s Largest

Direct Sellers-to-Buyers Trading Pit aka

‘The Nakamoto Circle of All Satoshi Squares’

New York, NY – Bitcoin Center NYC



Using the example of Venezuela, where the brutal repression of public grievances persists, the center is inviting Florincoin’s lead developer to highlight the fact that blockchain technology in addition to recording financial transactions can publish and store information for all purposes including humanitarian reasons. Digital currencies like Bitcoin, Florincoin, and their peers are highly decentralized, so there is no stopping the flow of transactions and the information that accompanies those transactions. There is no one person with his or her hand on a kill switch, and more importantly by design there is no kill switch. So long as people adopt the currency, the financial and information networks are strong, active, publishing, repeating, storing, and so on. Since this microblogging feature functions and is shared as rapidly as users want it to through use of digital currency transactions, this feature emulates Twitter. However, it mimics an open source Twitter that can’t ever be shut down, tampered with, or deleted.



“The Florincoin blockchain is not only a digital store of value, it is also a decentralized data storage mechanism. Using the transaction message capability, Florincoin can host a range of peer-to-peer applications. Florincoin already acts as a decentralized microblogging platform. Many regimes around the world are tightening their grip on social media, some even outright banning it. Users of Florincoin microblogging services cannot have their freedom of speech taken away, as their messages persist in the Florincoin blockchain and are stored on thousands of computers,” said Mr. Fiscella.



Mr. Fiscella added that Florincoin isn't a substitute for Twitter, as the volume of messages would become a burden on the blockchain. However, for important and relevant messages, information that should be stored forever or decentralized, Florincoin has the ability to hold those messages. The character limit on each transaction is 528 characters, and the blockchain itself has no limit. Attachments to messages are not possible, but users can put a URL in the transaction message to link to a static webpage. Hashtag functionality in the Block Explorer will be functional by Monday.



As part of the Florincoin celebration held to salute that digital currency, Mr. Fiscella will ring the opening bell at the world’s largest direct sellers-to-buyers live open outcry trading pit aka “The Nakamoto Circle of All Satoshi Squares.” He will ring the bell tonight, Monday, February 24th at or around 6:00 p.m .



“In Venezuela, it’s been reported that the brutal government crackdown has included suspension of social media that are used to organize protests against the failure of government in areas such as personal security and economic opportunity for those unconnected to the regime. The lesson here is that, hands down, technology is far more powerful than any oppressive regime,” said James V. Barcia, Communications Director for Bitcoin Center NYC.



Florincoin was named by its creator, Skyangel. Struck from 1252 to 1533, the original Italian gold florin was introduced by Florentine banks and rapidly became the dominant trading coin in Western Europe.



Said Bitcoin Center NYC founding member Nick Spanos, in relation to the blockchain technology shared by digital currencies:



“I support Bitcoin because I believe in the blockchain and all of the future possibilities of the blockchain such as recording deeds on the block chain, executable financial instruments on the blockchain, the honesty of the blockchain, and things we haven’t even discovered that we can do with it. This includes the honesty and beauty of read-only, non-tamperable information stored chronologically on millions of computers around the world, where nobody can change it. The blockchain functions just like what the county center wants to, but at county center, for example, data stored there are always subject to human error or nefarious activity. Bitcoin, because of the blockchain, is secure and that’s a message we’ve been carrying for some time.



“Florincoin like its peers uses blockchain technology and at our largest event of the week we are saluting its lead developer’s willingness to talk about the coin as economically viable and as a solution to the problems of centralization when an oppressive regime has their hands on a kill switch. The paint is still fresh on Florincoin, and in general digital currency still requires greater understanding. Monday, together, we are going to celebrate the endless good that digital currencies possess, qualities that are not subject to abuse and that legacy financial structures lack.”



After ringing the opening bell, Florincoin lead developer Joseph Fiscella will be available for comment at Bitcoin Center NYC, located at 40 Broad Street, 100 feet from the NYSE.



Event details are as follows. Time is Eastern.



Monday, February 24, 2014



6:00 p.m. to 10:00 p.m.

Joseph Fiscella – Rings Opening Bell

Florincoin Celebration

World’s Largest Direct Sellers-to-Buyers Trading Pit aka

‘The Nakamoto Circle of All Satoshi Squares’

Bitcoin Center NYC

40 Broad Street

New York, NY 10004



For a map of Bitcoin Center NYC, click , the city’s only brick-and-mortar institution dedicated to the further adoption of Bitcoin, announced today that it is saluting the developers of Florincoin, a fellow digital currency. In cooperation with Florincoin lead developer Joseph Fiscella, the center is having a colorful Florincoin celebration at its largest weekly event to bring attention to the benefits that blockchain technology can have for people who are being oppressed by the same centralized political and monetary systems that were erected to protect them.Using the example of Venezuela, where the brutal repression of public grievances persists, the center is inviting Florincoin’s lead developer to highlight the fact that blockchain technology in addition to recording financial transactions can publish and store information for all purposes including humanitarian reasons. Digital currencies like Bitcoin, Florincoin, and their peers are highly decentralized, so there is no stopping the flow of transactions and the information that accompanies those transactions. There is no one person with his or her hand on a kill switch, and more importantly by design there is no kill switch. So long as people adopt the currency, the financial and information networks are strong, active, publishing, repeating, storing, and so on. Since this microblogging feature functions and is shared as rapidly as users want it to through use of digital currency transactions, this feature emulates Twitter. However, it mimics an open source Twitter that can’t ever be shut down, tampered with, or deleted.“The Florincoin blockchain is not only a digital store of value, it is also a decentralized data storage mechanism. Using the transaction message capability, Florincoin can host a range of peer-to-peer applications. Florincoin already acts as a decentralized microblogging platform. Many regimes around the world are tightening their grip on social media, some even outright banning it. Users of Florincoin microblogging services cannot have their freedom of speech taken away, as their messages persist in the Florincoin blockchain and are stored on thousands of computers,” said Mr. Fiscella.Mr. Fiscella added that Florincoin isn't a substitute for Twitter, as the volume of messages would become a burden on the blockchain. However, for important and relevant messages, information that should be stored forever or decentralized, Florincoin has the ability to hold those messages. The character limit on each transaction is 528 characters, and the blockchain itself has no limit. Attachments to messages are not possible, but users can put a URL in the transaction message to link to a static webpage. Hashtag functionality in the Block Explorer will be functional by Monday.As part of the Florincoin celebration held to salute that digital currency, Mr. Fiscella will ring the opening bell at the world’s largest direct sellers-to-buyers live open outcry trading pit aka “The Nakamoto Circle of All Satoshi Squares.”“In Venezuela, it’s been reported that the brutal government crackdown has included suspension of social media that are used to organize protests against the failure of government in areas such as personal security and economic opportunity for those unconnected to the regime. The lesson here is that, hands down, technology is far more powerful than any oppressive regime,” said James V. Barcia, Communications Director for Bitcoin Center NYC.Florincoin was named by its creator, Skyangel. Struck from 1252 to 1533, the original Italian gold florin was introduced by Florentine banks and rapidly became the dominant trading coin in Western Europe.Said Bitcoin Center NYC founding member Nick Spanos, in relation to the blockchain technology shared by digital currencies:“I support Bitcoin because I believe in the blockchain and all of the future possibilities of the blockchain such as recording deeds on the block chain, executable financial instruments on the blockchain, the honesty of the blockchain, and things we haven’t even discovered that we can do with it. This includes the honesty and beauty of read-only, non-tamperable information stored chronologically on millions of computers around the world, where nobody can change it. The blockchain functions just like what the county center wants to, but at county center, for example, data stored there are always subject to human error or nefarious activity. Bitcoin, because of the blockchain, is secure and that’s a message we’ve been carrying for some time.“Florincoin like its peers uses blockchain technology and at our largest event of the week we are saluting its lead developer’s willingness to talk about the coin as economically viable and as a solution to the problems of centralization when an oppressive regime has their hands on a kill switch. The paint is still fresh on Florincoin, and in general digital currency still requires greater understanding. Monday, together, we are going to celebrate the endless good that digital currencies possess, qualities that are not subject to abuse and that legacy financial structures lack.”After ringing the opening bell, Florincoin lead developer Joseph Fiscella will be available for comment at Bitcoin Center NYC, located at 40 Broad Street, 100 feet from the NYSE.Event details are as follows. Time is Eastern.6:00 p.m. to 10:00 p.m.Joseph Fiscella – Rings Opening BellFlorincoin CelebrationWorld’s Largest Direct Sellers-to-Buyers Trading Pit aka‘The Nakamoto Circle of All Satoshi Squares’Bitcoin Center NYC40 Broad StreetNew York, NY 10004For a map of Bitcoin Center NYC, click here .



Find Bitcoin Center NYC on Facebook , LinkedIn , Meetup , and Twitter .



All guests of Bitcoin Center NYC are required to sign in. Media must RSVP with James V. Barcia using james@nycbitcoincenter.com .

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