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The Fed’s Money-Printing Is Not Even Backed by Paper Bills
When we talk about the Federal Reserve creating dollars, we often imagine a machine printing new currency. However, the Fed is actually issuing currency not backed by paper bills whatsoever. One would think that the Federal Reserve is at least backing its dollars with actual paper currency, but the math doesn’t check out. дальше »
2020-4-27 01:22 | |
Coronavirus Crisis Could Propel Bitcoin to Replace the Dollar as the World’s Reserve Currency
The Federal Reserve Board announced Tuesday the establishment of a Commercial Paper Funding Facility (CPFF) to support the flow of credit to small businesses and households. With further volatility expected in the traditional markets due to Coronavirus fears, it could provide the right opportunity for Bitcoin to step in on the dominance of the American […] The post Coronavirus Crisis Could Propel Bitcoin to Replace the Dollar as the World’s Reserve Currency appeared first on BeInCrypto. дальше »
2020-3-19 08:10 | |
Bank of England Doubles Down on Digital Currency Plans
The English central bank has outlined its plans for a CBDC, confirming their intent to act on monetary innovation. According to the research paper, the digital currency will run in tandem with the Real Time Gross Settlement (RTGS) system with intermediaries in charge of issuance to the public, March 13, 2020. дальше »
2020-3-13 14:00 | |
Bank of England releases discussion paper outlining 'platform' model of CBDC
The Bank of England [BoE] has officially released a discussion paper on the issuance of a central bank digital currency [CBDC]. With this, the U.K becomes one of the first countries in the world to haThe post Bank of England releases discussion paper outlining 'platform' model of CBDC appeared first on AMBCrypto. дальше »
2020-3-12 21:00 | |
Iranian Health Minister: Avoid Paper Money Due to Coronavirus
With the coronavirus pandemic worsening in Iran, the country’s health minister advised its citizens to avoid using paper money. What better alternative is there than a digital currency like Bitcoin? BeInCrypto’s Turkish branch is reporting that the Iranian health minister is instructing citizens not to use fiat paper currency. дальше »
2020-3-6 19:10 | |
Vodafone Becomes 8th Company to Leave Facebook’s Libra Association
The Libra Association is been the subject of much turmoil since releasing the white paper for it’s digital currency, receiving criticism from lawmakers and regulars around the world. In spite of this, the association has pressed on, managing to initially secure 28 corporate backers to lead the way. дальше »
2020-1-22 01:56 | |
ANALYSIS: The Global Game of Coins Heats Up
A new paper from the PBoC says the “top-level” design of its digital currency is complete while AMLD5 in Europe is causing crypto companies to flee. дальше »
2020-1-11 23:00 | |
Marshall Island’s Sovereign (SOV) Digital Currency Was Inspired By Block.One’s EOS
Marshal Island approved for the development of the national digital currency. Sovereign (SOV), almost a year back in order to tackle increasing remittance costs and provide faster transactions. The white paper of the digital SOV bears a lot of design resemblance to Block One's EOS. дальше »
2019-12-10 17:24 | |
‘Zimdollars’ Issued for First Time in Ten Years Amidst Continued Hyperinflation
The new Zimbabwe dollar has hit the streets, with banks beginning to issue the paper currency Tuesday. The ‘Zimdollar,’ existing earlier this year as coins, e-balances, the RTGS dollar, and bond notes, was returned to in June as a replacement for the Real Time Gross Settlement (RTGS) system implemented in February. дальше »
2019-11-14 09:00 | |
200+ German Banks Unite to Propose a Pan-Continental Digital Euro
China may have the early mover’s advantage in the race to launch the first national digital currency, but it seems other major global players are in no mood to be left far behind. The Association of German Banks (Bankenverband) released a paper yesterday explicitly stating that the Eurozone economy will benefit from a ‘programmable digital […] The post 200+ German Banks Unite to Propose a Pan-Continental Digital Euro appeared first on BeInCrypto. дальше »
2019-11-1 18:09 | |
Bitcoin is more traceable than fiat currency, claims MIT-IBM funded report
Bitcoin’s immutable transparency and anonymity, while enabling a gateway for uncensored transactions, allows analysts to identify unique trends within the ecosystem. Given the ongoing war between crypto-adoption and regulatory requirements, blockchain analysis company Elliptic published an MIT-IBM Watson AI Lab-funded paper to detect various anomalies around illegal Bitcoin transactions. дальше »
2019-9-13 03:53 | |
Improving Ethereum’s DeFi Stack With Decentralized Mixers
For cryptocurrency to become sound money, it needs to integrate a degree of privacy on a transactional level, just as paper currency does. Bitcoin and Ethereum, both, lack strong privacy measures, but this is being addressed. дальше »
2019-9-6 09:00 | |
4 Awesome Bitcoin Casinos!
Cryptocurrencies are all the rage right now. After all, there are a lot of advantages to them in comparison to standard currency; anonymity, security, direct transactions, etc. It’s even possible that in the future, cryptocurrencies will be the standard rather than paper bills and metal coins. дальше »
2019-7-2 20:24 | |
The Future Of Money After Facebook's Libra Announcement
The internet and financial regulators were spewing hot takes on Libra after Facebook released its white paper. With cryptocurrencies, stablecoins, and the future of money on everyone's mind, what can we expect from fiat and digital currency in the future? дальше »
2019-6-22 23:53 | |
Australia: Cryptocurrency unlikely for retail payments, Facebook or not
The world is still processing the specifics of Facebook‘s Libra digital currency, but even the Reserve Bank of Australia (RBA) has realized it’s set to rub cryptocurrency purists the wrong way. дальше »
2019-6-20 12:38 | |
New Bitcoin Trading Record In Venezuela Happens As New Currency Reforms Sets In
Venezuela‘s national fiat currency Bolivar became useless as the hyperinflation engulfed the country. The fiat currency is not even worthy of the paper it is printed on. When a certain doom was prevailing, Bitcoin and cryptocurrencies came in as a savior for the nation. дальше »
2019-6-19 19:53 | |
Facebook has Launched a White Paper Today for It’s Planned Cryptocurrency – Libra
Coinspeaker Facebook has Launched a White Paper Today for It’s Planned Cryptocurrency – LibraLibra's mission is to enable a simple global currency and financial infrastructure the empowers billions of people. дальше »
2019-6-18 21:45 | |
Facebook Reveals Global Cryptocurrency ‘Libra’. Is it a Bitcoin Killer?
By CCN Markets: Facebook has revealed the white paper for its much-hyped cryptocurrency, “Libra. ” After months of speculation, Facebook outlined the vision for its crypto project and released the testnet for its blockchain. дальше »
2019-6-18 12:15 | |
Italy’s Planned Mini-BOTS Draw Comparisons To ‘ICO Utility Tokens’
Doubts were raging over Italy’s plans to issue a new currency called ‘mini-bots’ this week after it appeared it would have nothing whatsoever backing its value. Italy’s Paper Backed By Nothing Italy, which is suffering from a crippling debt crisis, is constantly seeking a way out of the red, but its populist government has failed to strike any form of deal with the European Union. дальше »
2019-6-14 14:00 | |
Venezuela Issues 50,000 Bolivar Bill Amid Persistent Hyperinflation
Venezuelans are used to their currency costing less than the paper it’s printed on. Economic misfortunes and political upheaval place their country at the bottom of all inflation charts, year after year. дальше »
2019-6-14 12:58 | |
Kraken Turns Tables on Canadian Regulators in Nine-Page Rebuttal
By CCN: Kraken is not pleased with the way Canadian regulators propose to go about governing crypto trading platforms. In a sternly written paper to the Canadian Securities Administrators and the Investment Industry Regulatory Organization of Canada, the crypto exchange explained its gripes. дальше »
2019-5-18 21:50 | |
Bitfinex Releases White Paper for LEO Token Sale
Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO). дальше »
2019-5-8 18:33 | |
TD Ameritrade Tests Bitcoin And Litecoin Paper Trades
Heavy hitters in traditional finance are now testing out the crypto waters. While Goldman Sachs and JP Morgan explore value transfer through stablecoins, banking and investments giants like eTrade and TD Ameritrade appear to be exploring digital currency investments to their users. дальше »
2019-4-28 21:11 | |
This Awful Bitcoin Stat Guarantees It’s Not Crypto’s Future: Mathematician
By CCN: With all the hype about blockchains and their many uses, we shouldn’t forget the original purpose for the Bitcoin blockchain and Nakamoto’s great leap forward. Blockchains and cryptocurrencies were created to be decentralized currencies, replacing or complementing fiat currencies. дальше »
2019-4-28 17:00 | |
Guide to Writing a Research Paper on Bitcoin: Top 6 Issues to Discuss and What to Talk About
Today, many people debate about the theme of bitcoins. It’s a cryptocurrency that exists in the form of electronic cash. The most remarkable point about this interesting currency is that fully decentralized and no middle-men control it. дальше »
2019-4-20 00:01 | |
Elon Musk Voices Support for Crypto Assets Innovation, Says Paper Currency ‘Is Going Away’
Elon Musk has always been vocal about his view of cryptocurrency, but recent statements focus on the fate that he sees happening with the fiat counterpart. According to recent reports from CNBC, Musk was on the FYI – For Your Innovation podcase, where he said, “Paper money is going away.” It's finally here! Thank you […] дальше »
2019-4-8 04:04 | |
Statistics Shows Gold Mining Costs 23 Times more than Bitcoin Mining
Data posted by a Twitter user simply known as Asimov shows that Gold mining consumes 23 times more energy than Bitcoin mining. Asimov’s data shows more on banking systems, governments and paper currency minting. дальше »
2019-3-24 09:32 | |
Moonday Morning: Bitcoin dev ordered to prove Craig Wright isn’t Satoshi
It’s Monday which means it’s Moonday Morning and time to catch up with the top news from over the weekend. Let’s get to it. 1. Canadian financial regulators are learning from the QuadrigaCX debacle and are taking action to begin regulating cryptocurrency exchanges to mitigate the risks associated with virtual currency exchanges. дальше »
2019-3-18 12:36 | |
Japan: Central Bank Releases Comprehensive Central Bank Digital Currency Report
The Bank of Japan (BoJ) has issued a working paper that details the numerable pros and cons of central bank digital currencies (CBDCs). Published on February 19, 2019, the paper explores hypothetical problem areas, how and when CBDC’s can be used, as well as speculating on the economic implications. дальше »
2019-2-21 21:00 | |
Renovato ICO
Renovato is offering STO tokens into our World Class Exchange with unprecedented service. ICO tokens are also available as a bonus for token sale participants. You may also buy ICO tokens alone without receiving the benefits or success of Renovato STO tokens. дальше »
2019-2-21 20:03 | |
Op Ed: Why It’s Unsafe to Store Private Crypto Keys in the Cloud
There are two primary reasons why storing your private crypto keys in the cloud is a bad idea. First, your cloud provider represents a centralized honeypot that could experience a security breach, allowing cyber criminals to access your data. дальше »
2019-2-19 00:19 | |
South African Reserve Bank: Crypto Asset Friendly, but Bitcoin Is Not Money
South Africa’s reserve bank released a consultation paper that includes favorable recommendations and guidelines for the crypto asset industry in the country. However, the agency is not looking to treat Bitcoin and other digital currencies as ‘currency. дальше »
2019-1-23 01:28 | |
Educating the Next Wave of Bitcoin Developers
Bitcoin is an open-source protocol that anybody can interact with. It is getting attention and attracting participation in different ways, whether it is through speculation, investing and sending money, all the way to contributing to what’s underneath the hood. дальше »
2019-1-16 01:14 | |
Press Release: How Long Until There is no More Cash in Europe?
For decades, cash has been the primary tool used by people to pay for items in Europe. The use of paper currency, as well as coins, is set to continue in the continent, but the increase in electronic payments could well disrupt the norm. дальше »
2019-1-3 07:39 | |
Ten Years Later, a Reflection on Bitcoin’s Genesis and Satoshi’s Timing
October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency. дальше »
2019-1-3 07:14 | |
Pierre Rochard: “Lightning Adoption Will Basically Mirror Bitcoin Adoption”
Lightning is a second-layer solution for the Bitcoin blockchain that addresses the scaling issues surrounding it today. Similar to Bitcoin, Lightning is an open-source protocol in which anyone can contribute to. дальше »
2018-12-19 02:34 | |
Op Ed: It’s Time to Reject Mediocrity, #ExitFiat and Embrace Bitcoin
When the towers in New York fell, I became obsessed with economics. I wanted to follow the money to understand what happened on that dreadful day. During that time of inquiry, I found myself very interested in Austrian economic theory. дальше »
2018-11-21 19:26 | |
IMF Head Makes Case for Central Bank Digital Currencies In Recent Speech
With contributing reporting from Jimmy Aki. Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital. дальше »
2018-11-15 22:38 | |
New Ethereum Casper Plan Draft Paper Released By ETH Blockchain Researchers For Scalability
A consortium of four virtual currency researchers decided to unveil a draft paper related to the Casper solution that aims at solving Ethereum’s scalability issues. The main intention is to move towards a Proof of Stake (PoS) consensus algorithm for Ethereum. дальше »
2018-11-8 13:30 | |
Bitcoin, Ether, and XRP Weekly Market Update: November 1, 2018
This week the community celebrates the tenth anniversary of the creation of Bitcoin. Satoshi Nakamoto first introduced the digital currency on Halloween 2008 with the release of a short paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System. дальше »
2018-11-2 19:00 | |
It’s the 10th Anniversary of the Bitcoin White Paper. Have You Read It Yet?
On October 31, 2018, we celebrate the 10th anniversary of Bitcoin’s white paper, the seminal literature of Satoshi Nakamoto’s creation and the new cryptographic field he introduced with the blockchain. дальше »
2018-11-1 22:18 | |
Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
Bitcoin Is Turning Ten, But What To Expect For The Next 10 Years Of Bitcoin
Bitcoin appeared for the first time ten years ago when its white paper was first released. At that moment, a financial crisis hit the world and the financial industry as never before. Backed by libertarians and other cypherpunks, the popularity of this virtual currency is currently undisputed. MarketWatch was able to make a good summary […] дальше »
2018-10-28 22:02 | |
Bitcoin Dancing In The Shadow Of Competitors, Will it Survive?
Bitcoin, the top value cryptocurrency is about to clock ten years on October 31 that Satoshi Nakamoto revealed the white paper of the cryptocurrency. The cryptocurrency has been a trailblazer in the crypto space as it has led the emerging stage of cryptocurrency as the first digital currency in the world. дальше »
2018-10-28 21:23 | |