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Place Bets on the Upcoming US Presidential Election on 1xBit

Bitcoin Press Release: With the US presidential election taking place on November 3rd, 2020 industry-leading betting site 1xBit is giving the world the chance to bet on the outcome, and win big. 

November 2nd 2020, Limassol, Cyprus – With the U.S presidential election just around the corner, the pressure is mounting on both candidates, sitting president Donald Trump and former Vice President Joe Biden. 

Americans (and the world) consider this to be a particularly important election which will determine how the country will fare for the next four years in the face of COVID-19, which has already severely affected the U.S economy in this year. 

Some polls have been conducted ahead of the coming election, and some reports say that Biden is ahead of Trump, albeit marginally. For instance, according to a BBC report, Biden scored 51% of the votes in one of the polls, while Trump got 42%. 

However if the 2016 election is any guide, polls must be taken with a pinch of salt, and anything can happen in this race. The two candidates are weighed based on their strengths and weaknesses. Trump is also weighed based on his performance in the last four years.

 

Pros and Cons of the Candidates

For the prospective gambler each candidate can be seen to have their own individual pros and cons. Trump voters would argue that their candidate possesses charisma and strong character, but those against Trump could question his handling of the COVID-19 pandemic and raise the issue of increasing national racial unrest since his appointment in 2016. 

Those looking to bet on Joe Biden could argue that he possesses a vast experience in politics, has integrity, and is more compassionate than his counterpart. On the other hand Trump believers would argue that Biden is questionable with expressing his thoughts with clarity, as seen during the presidential debates. Regardless of political views, both candidates are in with a good chance at victory and this one could go down to the wire. 

 

Ongoing Polls and Forecasts

So far, Biden is maintaining the lead in the national presidential polls, which shows that he holds a slender lead across those who have already voted. Biden is also winning in the battleground states, where a large turnout of early voters was recorded. More than 64 million people have already cast their votes ahead of the election, as they vote in a similar manner across states. Currently Biden looks to emerge as the preferred candidate in the national elections.

 

Bet on Politics with 1xBit

These elections resonated stunningly not only in American society, but also throughout the world.  Measuring the success of a candidate by his popularity in betting is common practice in modern politics, and therefore highly regarded crypto betting platform 1xBit is offering everyone to check out their competitive odds, and take part in this massively important race! 

New users get a welcome bonus of up to 7 BTC on sign-up, (which takes only a few minutes) and use more than 20 cryptocurrencies to bet. Anyone can place bets anonymously without revealing any personal details, and winnings can easily be withdrawn to a personal wallet without paying any fee.

As the U.S presidential election day draws closer, anyone can benefit from betting on the outcome on 1xBit. Several bonuses and incentives now await new and existing gamblers on their candidate pick. 

 

For more information about 1xBit, please visithttps://1xbit.com/

Check out the official 1xBit blog for the latest articleshttps://1xbit.com/blog/

 

Media Contact Details

Contact name: Anastasia Semenova

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1xBit is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

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Blockchain-Based Voting: Present, Future of Elections

Blockchain-Based Voting: Present, Future of Election

The election process is one of many elaborate infrastructures in politics whose current fabric has been considered by some to be one of the most demoralizing aspects of governance. Malicious actors continue to jeopardize these processes by tampering with the voting results, manipulating the masses; and alongside cases of interference from external bodies, have oftentimes brought the integrity of election processes to question.

With a faulty electoral system, governance falls short of political standards even before public officers assume their duties. It goes without saying that the old ways of election processes need to be reviewed as they are cumbersome, and are becoming less practical as civilization needs are evolving and population growth is ever increasing.

A political epidemic

Election fraud spans all continents leaving no country without its blight, and its complexity in many forms has taken countries captive, with even so-called developed countries falling into its web. Data from The Heritage Foundation shows numerous counts of election fraud cases across American states; featuring falsified absentee ballots, ineligible voting, and vote-buying.

In Europe arguably, certain countries’ electoral bodies may deny the level of corruption existing in the system. However, as one source reported, the state of affairs after the recently concluded elections in Bulgaria last month the narrative becomes clearer. It suggested that:

Bulgaria’s electoral body rarely detects the elusive electoral fraud patterns that so many Bulgarians talk about routinely in private.”

This statement followed the rather bizarre comment made by the president of Bulgaria’s Central Electoral Commission, Stefka Stoeva, who reportedly said: “Overall, the elections went according to the law. The complaints we received were few… and there were no serious violations.” Such remarks are common among many electoral bodies of different nations. However, the reality is often far from the narrative presented by those in governance.

Just before then, a report covering fresh evidence of Hungary vote-rigging – involving “vote-buying, voter intimidation, tampering with postal votes, missing ballots and election software malfunctions” –seemed to have troubled concerned citizens as another election approached. This increasingly proves the extensive lack of trust and transparency in the system.

Numerous other cases as seen in election-fraud from Malaysia, alleged evidence of “irregularities” in Thailand’s election, and others across the globe back the claim for a desperate need of an overhaul in election processes, especially in countries where the multiparty political system exists.

Supposedly, most societies have tried to embrace technology to move past the paper ballot system to an electronic voting (e-voting) system in order to address some of the daunting challenges with the former. Indeed, this implementation may have simply curbed human errors mostly due to counting ballot papers, which was also a major concern plaguing paper-based balloting. However, other system problems rage on.

Voting system dilemma

Despite these adaptations of election infrastructures to technology, e-voting, however, ported a host of other problems along with it. This is largely due to the fact that even as technologies complicate the process, one aspect remained unaffected – the human factor. The susceptibility of technology to security breach such as hacks is the most pronounced problem with e-voting systems. This has pushed some countries to roll-back their voting system, tending to re-embrace paper and pen voting system.

But with emerging technologies like the blockchain, many wonder if the technology can provide an all-encompassing platform for e-voting to thrive, as places such as Sierra Leone and US state of West Virginia are among a few to launch a pilot for the enterprise. Although not everyone thinks blockchain-based voting should be scaled to replace current systems, or at least that’s what West Virginia Secretary of State’s deputy chief of staff Michael Queen thinks. She told Washington Post: “Secretary Warner has never and will never advocate that this is a solution for mainstream voting”, implying the pilot was only an inclusion mechanism for the overseas military population.

Another who seem to share Michael’s opinion from a logical standpoint is professor Matthew Green, a cryptographic lecturer at John Hopkins University have also voiced their concerns of a wide-scale blockchain-based e-voting system:

Why blockchains don’t solve the voting problem. Part 1/833837

Large-scale voting requires a number of complicated properties. People need to be assured that their vote will be accurately recorded and counted. But votes also have to remain secret.

— Matthew Green (@matthew_d_green) August 28, 2018

Another proponent for blockchain-based voting Jocelyn Bucaro, Deputy Director of Elections at Denver Clerk and Recorder, Denver Elections Division, currently handling the tasks of directing the administration of all elections thinks highly of the initiative to explore blockchain-based voting in Denver. She said:

“We believe this technology has the potential to make voting easier and more secure not only for our active-duty military and overseas citizens but also for voters with disabilities, who could potentially vote independently and privately using their phones’ assistive technology.”

Do votes really count?

If history has taught anything about politics, it is the lack of a global standard for free and fair elections. Laden with distrust – largely due to the number of human entities involved in the election process; vote counting and assessment have always brought about a great divide among factions of political interests. There have been extreme cases of incited riots and violence accompanying dashed hopes from either election candidates or a faction of the electorate.

The sadder truth about the reality of votes is the fact that opinionated polls about events and policies are far more trusted, public, and considerably more valuable than actual electoral voting of new government officials.

A wind of change: more elections implement the technology

The amazing thing about the blockchain is how it has become an intriguing open system to many of the real-world applications spanning economic, social and political purviews. With regards to political interest, one of the foremost studies on the application of blockchain technology involves election processes, which has led many to believe the blockchain could offer solutions to some of the long-standing issues regarding elections.

While making a case for blockchain-based e-voting, intelligence platform CB Insights recounted the desperate efforts by the US intelligence officials, and an attempt by Social Media giant Facebook to monitor malicious activities regarding elections on its platform. A former chief security officer at Facebook, Alex Stamos, was quoted saying it was “too late to protect the 2018 elections”. This may have been due to the complexity of election-related corruptions.

Could blockchain really help provide a lasting solution? Certainly, as a handful of pilot studies have revealed the technology could offer decentralized trust, transparency and irrefutability of election data due to its immutability. Moreover, CB Insight further recounted the experience of First Lieutenant Scott Warner, who said: “In the same amount of time that I could’ve pulled up and watched a YouTube video, I actually got to go perform my civic duty”, illustrating the time-saving properties of the blockchain.

Perhaps after grinding at the problem for so long, many governments are now more open-minded to emerging solutions outside the norms as can be seen by rapid adoption in blockchain-based e-voting systems such as in Moscow, Thailand, Denver, and Seoul. Startups such as Voatz, and Agora, among many others, are offering the possibility of tapping into the properties of the blockchain technology and leveraging its perks to further bolster the election processes.

Paper ballots may soon be history, as it appears, blockchain-based voting systems are rapidly being adopted around the globe. Transcending the traditional e-voting systems, blockchain-based voting is bound to turn the election process right-side-up, possibly ending conflicts and restoring faith in the system.

 

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US Study Reveals Contentious Opinions on Bitcoin Campaign Donations

A recent study that gauged voter opinions of cryptocurrencies in US political campaign donations has revealed positive yet cautious sentiments.

The survey conducted by research firm Clovr gathered the views of 1,023 registered US voters across a number of areas including financial stability, legality, foreign interference, and political misuse. The results were then further filtered down by political affiliation – Democrat, Republican or Independent.

Acceptance

Of those surveyed, 60% believe that cryptocurrencies and US fiat should be treated as equals for federal elections; the article also makes note that 21% of respondents were opposed to this view.

In 2014, the Federal Election Commission (FEC) established some loose guidelines for Bitcoin donations; summarily, they are permitted, although only in the form of an “in-kind” contribution and limited to an amount of USD 100. By these definitions, digital currencies do not fall on par with fiat currencies as they are treated the same as other in-kind donations such as donated items, equipment and subsidized rent.

With regards to security, a majority (54%) of respondents have faith in cryptocurrency being secure enough to be used for political purposes; a view that was held by relatively similar numbers across political affiliations.

Under half (42%) of respondents reported that cryptocurrencies were stable enough for political purposes, however, 35% believe that cryptocurrency markets are too volatile for political use.

Concerns

Contrasting to those bullish outlooks, a majority of respondents (60%), are of the opinion that cryptocurrencies would make foreign interference in elections more common. Additionally, 62% are concerned that cryptocurrency is more likely to be used illegally within politics, a view that was expressed almost equally across all political affiliations.

In the survey, 64% of respondents agreed that politicians would “take advantage” of the looser regulations surrounding crypto donations; voters from all political parties overwhelmingly voted yes, 26% were unsure and 10% disagree.

The above sentiments are not particularly hard to believe considering that bitcoin was recently linked to the interference of Russian hackers during the 2016 Presidential Elections. Furthermore, political donation opinions in the United States are wrought with complexities, controversies, distrust and other fascinating issues that systemic in US politics.

Crypto-campaigns

In the US this year, there have been some efforts to not only increase the use of digital currencies in political campaigns, but also the use of blockchain technology in mobile voting apps.

In July, a Libertarian Party member who was campaigning for state Governor of Wisconsin announced his acceptance of Bitcoin donations. This move prompted a negative response from the Wisconsin Ethics Commission (WEC) who doubt the legal validity of such a donation. Regardless, the candidate has said that he will “push all the way back” should his announcement be contested.

In August, the North Carolina electoral campaign finance board firmly denied a Republican candidate the right to receive cryptocurrency donations for his campaign. Also that month, a 2020 presidential candidate announced that he would be accepting Bitcoin, Ethereum and any other ERC20 compliant tokens.

 

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Bitcoin Used by Russia To Hack 2016 US Elections, New Indictment Reveals

A 29-page Indictment has been released recently, stating Bitcoin’s huge role when it came to Russian interference in the 2016  US presidential elections.

The documents accuse 12 Russian agents of hacking into Democratic Congressional Campaign Committee’s computers and stealing information of over 500,000 voters. Aides close to Hillary Clinton were then tricked into handing over this information by the Russian intelligence officers.

11 of the 12 accused are being charged with breaking into computers and releasing documents with the intent of influencing the last presidential election. The 12th was charged with conspiring to penetrate organizations that directly handled the elections.

“…had multiple units, including Units 26165 and 74455, engage in cyber operations that involve stage releases of document stolen through computer intrusions. These units conducted large-scale cyber operations to interfere with the 2016 US presidential election.”

Bitcoin was mentioned extensively in count 10 (Conspiracy to Launder Money). Money was required for the Russian operatives to acquire infrastructure needed for later actions.

More than $95,000 was laundered through Bitcoin, which was then used to buy servers, register domains, and other online payments. The documents state other currencies like the USD was used as well, but it seems Bitcoin was used primarily due to the enhanced levels of privacy it affords over other payment methods.

Some of the funds were also used to purchase computing hardware to mine Bitcoin, to help supplement their income for hacking activities. Bitcoin mined by the GRU (Main Intelligence Directorate of the General Staff) were used to purchase the domain dcleaks.com through a Romanian company.

Besides the purchase of the domain and hardware to mine Bitcoin, other notable purchases described in the pages was a VPN to log into the @Guccifer_2 Twitter account, a Malaysian server to host the dcleaks domain, as well as the leasing of another server for X-Tunnel malware injected into DCCC and DNC networks.

An additional two servers were also acquired to hack in the DNC’s cloud network.

The effects this will have on a meeting between the two presidents planned for next week are yet to be determined. Trump and Putin are scheduled to meet Monday in Helsinki, and nothing has changed despite the emergence of this indictment.

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McAfee’s Bid For POTUS Race Stirs Crypto Community

Hundreds of cryptocurrency enthusiasts have reacted to John McAfee’s Sunday night Twitter announcement of his intention to run for the US presidential elections in 2020. The Tweet has currently generated almost 800 comments, generally positive, and over 5,800 likes.

In spite of past refusals, I have decided to again run for POTUS in 2020. If asked again by the Libertarian party, I will run with them. If not, I will create my own party. I believe this will best serve the crypto community by providing the ultimate campaign platform for us.

— John McAfee (@officialmcafee) June 3, 2018

In 2016, he was nominated for the Whitehouse race by the Libertarian party. He lost to Garry Johnson; the New Mexico governor.

In his Sunday message on Twitter, McAfee openly expressed his love for the cryptocurrencies, saying he aims at serving the crypto community if he is elected as the president of the United States.

While some criticized the decision, many applauded him for his decision. A quick scan of the twitter comments indicated that many within Twitter would back him for the upcoming election.

The self-styled ‘Crypto Dad’ has a recognized influence within the crypto community, with past analysis showing that a single tweet from John McAfee has managed to move markets. Thus, the hypothesis that crypto fans will vote for him because of his apparent interest for cryptocurrency over fiat money seemingly holds true.

Although it would appear unlikely for McAfee to ever be American president, he might improve his chances if he uses his crypto-campaign strategy well. His 2016 campaign strategy was quite argumentative, using the premise of “a paradigm shift” with a manifesto based on free trade and acceptance of the use of cannabis.

Now, he has identified cryptocurrency and its growing community as a unique ticket to the upcoming election. His campaign focus for the 2020 presidential race will be mostly about cryptocurrencies, which have a growing community. McAfee seems to have his facts right, and if Americans begin to favor Bitcoin, a people network strategy could work in his favor.

 

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