IMF Head Foresees the End of Banking and the Triumph of Cryptocurrency
• https://fee.org, by Jeffrey A. TuckerBitcoin ""puts a question mark on the fractional banking model we know today."
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Bitcoin ""puts a question mark on the fractional banking model we know today."
As the Bolivar continues to lose value, Venezuelans rely more and more on Bitcoin.
Jamie Dimon, JP Morgan CEO, made quite a headline splash last week when he proclaimed "Bitcoin 'is a Fraud".
Japan's central bank is currently planning to back a scheme that would permanently kill off cash. Using blockchain technology, the J-Coin is now under development by Japanese bankers.
"Russia, which missed its opportunity to be a part of the personal computing revolution in the last century due to its isolation, is grasping this opportunity to get ahead of its geopolitical competitors."
Michael Oved helped Virtu Financial Inc. become the most consistently profitable market maker in the history of electronic trading. Now he has his sights set on revolutionizing how digital currency exchanges operate.
In a fundamental shift in its stance on cryptocurrencies, Nigeria's central bank is now looking at researching blockchain technology and even introducing its own digital currency.
The Russian prosecutor's office has summoned Burger King to explain the issuance of its cryptocurrency called Whoppercoin. Burger King is confident that it has not broken any laws since there is currently no regulation for cryptocurrency in Russia.
Chinese cryptocurrency exchange ViaBTC has announced its plans to launch a trading platform based outside of China. The decision to establish an overseas-based platform follows announcements that the exchange will shut down operations in mainland Chi
Cambridge University has put out a comprehensive 114-page study on cryptocurrencies that digs deep into empirical data of the digital currency world as it appears across the globe.
"Pandora's box has been opened."
The Russian Leningrad region wants to create an industrial park for cryptocurrency mining including bitcoin. The region's governor is inviting miners to the Sosnovy Bor area near St. Petersburg to create industrial-scale mining farms at the old Len
Ether now has a US$27 billion market capitalization, while exchange traded volume trailing Bitcoin on most days. Price action over the last week has also closely followed that of Bitcoin, with a heavy correction and fast retracement.
The developers behind Raiden Network have launched an early version of the scaling solution on the ethereum test network. Designed to power projects aiming to replace the likes of Google and Facebook, one problem facing ethereum is that growing to s
"We cannot change anything until we accept it. Condemnation does not liberate, it oppresses." -" Carl Jung ... Often, I start editorials with a quote because I find it to be a useful mechanism for summarizing complicated discussions. The quotes
The Central Bank of Central Banks, Switzerland's Bank for International Settlements (BIS), released a report on Sunday that looks at central bank cryptocurrencies (CBCCs), and if they would they be useful.
PBOC Researcher: China Should Start Its Own Sovereign Digital Currency "As Soon As Possible"
Vitalik Buterin created Ethereum. He projects that Ethereum will have Visa scale transaction per second in a couple of years.
Now if only the Chinese were to decouple the yuan from the dollar
The US dollar index is down about 12% from the highs of late last year. It has broken support, no matter where you draw the trendline.
In a day in which everyone, including the BIS, appears to be talking about cryptocurrencies after last week's China-induced crash, here is one of the more insightful takes on the future of cryptocurrencies, ....
Despite headlines from WSJ of "the most draconian measures ever" against Bitcoin, the cryptocurrency is trading up over $1100 from its post-China-"ban" lows and has topped $4100 once again this morning as the world slowly wakes up to the nonsense tha
"Central Banks Are Petrified" Chris Martenson On The Hyperinflationary Threat Of "China Dumping The Dollar"
Unless you've been hiding under a rock, you're probably aware that we're in the middle of a cryptocurrency explosion. In one year, the value of all currencies increased a staggering 1,466% - and newer coins like Ethereum have even joined Bitc
How high -- or low -- will Bitcoin go? That's an intense matter of speculation among economists, geopolitical analysts, and of course cryptocurrency speculators and experts, but increasingly, predictions are generally negative.
Surprised by the sudden air pocket below bitcoin? Curious if this was caused by some new, unconfirmed Chinese crackdown on bitcoin traders, exchanges, and other money launderers?
In a bid to appeal to the growing anti-euro sentiment in Italy, three of Italy's biggest political parties seek a dual currency.
Howard Marks Graciously Admits He Was Wrong: "Sees No Reason Why Bitcoin Can't Be A Currency"
This summer was punctuated by scams and hacks of "initial coin offerings," startup fundraisers that issue coins, tokens, or cryptocurrency to anyone who wants to invest in fledgling blockchain-related companies.
Gold is still a better bet for anyone who wants to own a time-tested asset.