Bitcoin Is Plagued by an Insidious Flaw – But It’s Not What You Think

2019-5-26 17:45

By CCN: Bitcoin has a crippling governance problem, but it’s not what you think it is. Technical solutions deftly manage consensus on the world’s most popular cryptocurrency network. But how will we deal with wealth inequality – and the power imbalance that inevitably accompanies it? To put it bluntly: Wealth inequality will not magically disappear in the new Bitcoin economy.

Technology Made Wealth Inequality Worse – Look at Jeff Bezos A National Bureau of Economic Research report reveals that wealth is more concentrated in the US today than at any point in the last 100 years. Jeff Bezos, for example,

The post Bitcoin Is Plagued by an Insidious Flaw – But It’s Not What You Think appeared first on CCN

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Bitcoin Up 95% Since Famous Wealth Manager Warned Not to Buy It

While many like to predict the future price of Bitcoin, accuracy can vary. However, one rule that has become clear in recent years is that betting against Bitcoin is rarely a smart move. Peter Mallouk, a certified financial planner and president of a wealth management firm, is one such person who has come up with […] The post Bitcoin Up 95% Since Famous Wealth Manager Warned Not to Buy It appeared first on BeInCrypto.

2020-2-7 17:02


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Why Cryptocurrency Investors Are Renouncing Their US Citizenship

Andrew Henderson is the founder of Nomad Capitalist, a company which helps people from around the world move to different countries while minimizing their tax obligations. In recent years the company has created plans for dozens of people who made their wealth from the cryptocurrency sector, including business owners, traders, investors and consultants.

2019-5-9 18:15


$10 Billion Wealth Advisor: Global FOMO Primes Bitcoin for 40% Surge

Bitcoin is primed for a bull run to $7,000 later this year, says a major global asset management and financial advisory company in comments early Tuesday morning. DeVere: Crypto Winter is Over & Bitcoin Will Boom Nigel Green, founder and chief executive of DeVere Group, a $10 billion financial advisory and wealth management firm for high net worth individuals, says crypto winter is over: “I’m now calling that the market has bottomed and the so-called crypto winter has come to an end.

2019-4-3 22:15


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Fidelity’s Cryptocurrency Arm Starts Offering Institutional Investor Services

Fidelity Investments’ new cryptocurrency arm is now up and running. The unit, Fidelity Digital Assets, began operations earlier this quarter but didn’t make any noise about it. It has already started offering trade execution and crypto custody services to institutional investors such as hedge funds and private wealth management firms.

2019-3-9 16:20


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ConsenSys’s Andrew Keys Lays Out His Blockchain Predictions for 2019

In his annual take on the blockchain industry, Andrew Keys from ConsenSys talked about 19 predictions for the blockchain industry in the year 2019. He also calls upon the fourth industrial revolution, citing words from the founder of the World Economic Forum, Klaus Schwab and explaining why the past three industrial revolutions have consolidated wealth in […] ConsenSys’s Andrew Keys Lays Out His Blockchain Predictions for 2019 was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2019-1-14 21:24


Bitcoin is on the Verge of Falling Apart, Says Paul Donovan

Paul Donovan recent bearish remarks for Bitcoin is an attempt to bury the top-ranking cryptocurrency for good. UBS Executive Sounds the Death Knell for Bitcoin According to CNBC, Paul Donovan, Chief Economist of UBS Global Wealth Management, stated that he didn’t have any praises for Bitcoin, instead, was ready to bury the number one virtual […] The post Bitcoin is on the Verge of Falling Apart, Says Paul Donovan appeared first on Ethereum World News.

2018-12-1 10:08