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Back to Basics: What Is Money?
Our current economic system can be compared to a merry-go-round that has us consuming, trapped in debt and spending as quickly as we earn. What is fiat currency? Why do we use it and who controls it? And how does it compare to gold and bitcoin? It is worth going back to basics, to better understand […] The post Back to Basics: What Is Money? appeared first on Bitcoin News. дальше »
2019-1-29 23:00 | |
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Venezuelan President Gets Rekt’d as Bank of England Won’t Return its Gold Worth $1.2 Billion
Venezuela is going through an economic crisis and hyperinflation and now country’s President Nicolas Maduro, in his efforts to hold onto his plunging cash pile has been trying to pull the $1. 2 billion worth of gold out of the Bank of England. дальше »
2019-1-26 21:45 | |
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Bitcoin Has All the Chances to Become the New ‘Digital’ Gold, and Here’s Why
CoinSpeaker Bitcoin Has All the Chances to Become the New ‘Digital’ Gold, and Here’s Why Bitcoin has good chances to win a competition with gold and become the premier alternative economic option in the world. дальше »
2019-1-22 18:09 | |
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Nick Szabo and The Winklevoss are More Bullish About Bitcoin than They Are About Gold
Famous cryptographer, computer scientist, and crypto investor Nick Szabo once again defended the high potential of crypto coins as mechanisms of economic promotion in a recent debate in Tel Aviv, Israel. дальше »
2019-1-11 08:42 | |
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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 | |
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Gold Demand Rising: Investors Turn to Precious Metal as Safe Haven Asset
Recent global economic concerns and stock market volatility seem to have increased demand for gold as a safe haven asset. The price of the precious metal hit its highest level since June in the yesterday’s trading session. дальше »
2018-12-28 21:30 | |
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InnovaMinex: Tracing Precious Metals with Blockchain Technology
Precious metals have been an integral part of the world economy for thousands of years. Gold, for instance, is still one of the most stable investments and has provided far better liquidity compared to other assets such as real estate. дальше »
2018-12-21 04:00 | |
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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 | |
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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 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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Cryptos Gain Adoption Amid Venezuela’s Economic Turmoil
Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December. дальше »
2018-10-10 22:30 | |
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply. дальше »
2018-10-3 19:05 | |
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‘Buy Crypto’: Kim Dotcom Warns Of Looming US Dollar Implosion
Entrepreneur and MegaUpload creator Kim Dotcom has repeated his belief in Bitcoin over fiat currency, telling fans directly to “buy cryptocurrency. ” Dotcom: Crash ‘Is Coming 100 Percent’ In a series of tweets August 12, Dotcom, whose Bitcache project incorporates a Bitcoin wallet, warned over US national debt and the need to avoid the dollar. дальше »
2018-8-15 08:00 | |
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Crypto is a Better Long-Term Investment Than USD and Gold, Says Investor
Kim Dotcom, the German-Finnish entrepreneur and the creator of Mega, has publicly stated that gold and crypto are better long-term investments than the US dollar. In a recent statement, Dotcom said: “Trust me. дальше »
2018-8-14 13:45 | |
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‘Rich Dad, Poor Dad’ Author Robert Kiyosaki Says Cryptocurrency Could Outlast Fiat
Robert Kiyosaki, the author of one of the top personal finance books of all time, stated that cryptocurrencies, gold, and silver, will triumph over an impending economic crash — the likes of which the world has never experienced. дальше »
2018-8-9 20:00 | |
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Venezuela Ties Own Currency to Sanctioned Petro as Maduro Talks of ‘Great Hope’
Venezuela will remove five zeros from its ailing currency, the bolivar, and peg it to its controversial Petro cryptocurrency, President Nicolas Maduro said in a public broadcast July 26. Maduro: Bolivar Will ‘Anchor Petro’ The Bolivar, which had become so inflationary that online gaming tokens such as World of Warcraft gold were a more stable store of value, is currently worth just $0. дальше »
2018-7-28 11:00 | |
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How Bitcoin Can Be The New Gold Due to Ongoing Political Trade Wars
Is Bitcoin the New Gold? America is diving into a trade war with some of its closest allies and economic competitors. As America’s biggest trade war in history looms, experts say the war could position bitcoin as “the new gold. дальше »
2018-7-25 18:40 | |
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“Economic Sovereignty” Through Bitcoin: Max Keiser and Stacy Herbert
When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong. дальше »
2018-7-14 19:30 | |
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Cryptocurrency Miners Promise Economic Opportunity, But Not Everyone Is So Optimistic
Driven by cheap electricity prices and the potential for profit, cryptocurrency miners have expanded their horizons and set up operations in smaller localities across the world. Some residents embrace the potential for an economic boom. дальше »
2018-7-8 12:00 | |
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SEC Director of Corporate Finance: Ether Is Not a Security
In an informal statement made at Yahoo Finance’s All Market Summit: Crypto, William Hinman, the United States Securities and Exchange Commission (SEC)’s director of corporate finance, indicated that the regulatory agency has no plans to deem ether a security. дальше »
2018-6-14 21:32 | |
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