Rise of the Bitcoin Politician: Austin Petersen’s Scrappy Run for US Senate

In the run-up to the 2018 November federal elections in the United States, at least three politicians are accepting bitcoin in donation, including an incumbent House member. One hopeful, Austin Petersen, is openly discussing the world’s most popular cryptocurrency’s benefits in his bid to win a US Senate seat. Also read: Tezos Foundation Board Member … Read more

The Satoshi Revolution – Chapter 3: Do You Want a Government Fiat Crypto? (Part 4)

The Satoshi Revolution: A Revolution of Rising Expectations. Section 1 : The Trusted Third Party Problem Chapter 3: Trying to Undo Satoshi by Wendy McElroy Do You Want a Government Fiat Crypto? (Chapter 3, Part 4) It is the ability of governments to acquire money without direct taxation that makes modern warfare possible, and a … Read more

Bitcoin’s Market Cap Surpasses the IMF’s Special Drawing Rights Reserves

Twenty-four hours ago the decentralized cryptocurrency bitcoin and its US$300Bn market capitalization just surpassed the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $291Bn). Also read: Cayman Investment Forum Focuses on Rise of Bitcoin and Failing Dollar Bitcoin’s Market Valuation Outpaces the IMF’s Special Drawing Rights Reserves Bitcoin’s value has grown immensely in 2017 outperforming … Read more

Bitcoin’s Price Captures a New High Touching $18,000

The price of bitcoin has reached the landmark milestone of $18,000 per BTC across global exchanges after having an incredible run during November and December of 2017. The decentralized currency’s price seems like it will close out with a bang as this year has been one of the most phenomenal growth cycles for bitcoin in … Read more

Venezuela’s National Cryptocurrency Advances But Experts Warn of Corruption

Venezuela’s president Nicolas Maduro has advanced the creation of the country’s national cryptocurrency, the Petro. He believes it will take off and solve the country’s economic problems next year, but experts are concerned with corruption. Moody’s credit rating agency, for example, says market participants would have no confidence in Maduro’s government to manage it. Also … Read more