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Duke University Professor: A National Cryptocurrency Could Potentially Replace Paper Money

If a recent interview from a Duke professor is something to go by, the U.S. national fiat currency could soon be replaced by a national cryptocurrency. Per a report published by The Chronicle, dated September 19, 2018, Duke Fuqua School of Business’ professor, Campbell Harvey, not only believes that the United States should create a national cryptocurrency, but concludes that...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »

2018-9-22 23:00


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Bitcoin’s Rise Reflects Governments’ Failure To Stabilize National Currencies

Bitcoin is digital gold for a digital generation. Libertarian proponents of cryptocurrencies, like America’s Founding Fathers before them, argue that fiat currencies are nothing but Monopoly paper: Why does fiat cash have value when it’s not backed by any real asset, such as gold or silver? In 1786, Thomas Paine wrote: “Gold and silver are the emissions of nature: paper is the emission of art. дальше »

2018-9-3 16:00


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The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name. дальше »

2018-7-13 17:16


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‘Digital Currency Is Basically A Fallacy’ Says Finland Central Bank

The Bank of Finland (BoF) has released a 133-page paper arguing the concept of digital currency is an “illusion. ” BoF: ‘Fundamental Nature’ Of Digital Currency ‘Elusive’ The document, compiled by the Finnish central bank’s head of digitalization Aleksi Grym, claims the world has become “muddled” about the difference between money and technology and argues that digital currency is in fact “basically a fallacy. дальше »

2018-7-12 05:00


Bitcoin Will be Mainstream Within the Next Decade, Say University Researchers

Imperial College London recently released a research paper that points to the imminent adoption of Bitcoin and other cryptocurrencies in mainstream finance. The report’s authors believe that Bitcoin already exhibits the core properties of money, and thus could become the de facto currency for global commerce within the next decade. дальше »

2018-7-10 00:33


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European Parliament Considers Balanced Crypto Report

Major governments will have to come to terms with digital currencies, according to a report to the European Parliament. Although virtual currencies are not likely to replace traditional money anytime soon, the briefing paper argues that they are also not a mere bubble or fad; crypto is here to stay, and should be regulated on […] The post European Parliament Considers Balanced Crypto Report appeared first on Crypto Briefing. дальше »

2018-7-5 20:45


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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