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US Fed Reserve Chair Bashes Crypto’s Money Properties, Says “Not Really a Currency”

Jerome Powell Claims Bitcoin is Not a Real Currency and Has No Intrinsic Value The head of the United States Federal Reserve issued a warning to Congress earlier today regarding cryptocurrencies. Federal Reserve chair Jerome Powell, who took the position in February, said on Capitol Hill that bitcoin and other cryptocurrencies are dangerous to “unsophisticated […] дальше »

2018-7-21 00:41


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Fed Sir: Crypto No Intrins Value, Value is not a store, great for money laundering

In his view, cryptocurrencies have no intrinsic value, are not used often as a means of payment, are not a store of value, but are great for money laundering. He also dismisses the idea that cryptocurrencies could pose a significant risk to the country’s financial stability at their current size. U.S. Representative and vice-chairman of дальше »

2018-7-19 17:07


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Goldman Sachs ceo: ‘Too aloof’ to Think Crypto Won’t Work Out Since It’s ‘Curious’

Goldman Sachs CEO Lloyd Blankfein reiterated his positive stance on cryptocurrencies in an interview with Bloomberg at the Economic Club of New York, June 19. Addressing the evolution of money, Blankfein pointed out the common features between paper money and crypto, apparently implying that they both do not have intrinsic value. But based on everything дальше »

2018-6-20 15:40


What Facebook’s New Political Ad System Misses

Facebook’s long-awaited change in how it handles political advertisements is only a first step toward addressing a problem intrinsic to a social network built on the viral sharing of user posts. The company’s approach, a searchable database of political ads and their sponsors, depends on the company’s ability to sort through huge quantities of ads […] дальше »

2018-6-18 16:06