Van Eck Associates CEO: Bitcoin Investors Are Moving to Gold
In an interview, Jan Van Eck, CEO of Van Eck Associates, suggested that Bitcoin investors have moved to gold Go to Source Powered by WPeMatico
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Bank’s Refusal to Release $1.2B of Venezuelan Gold Strengthens the Case for Bitcoin
Venezuela’s economic crisis is impossible to ignore. President Nicolás Maduro’s attempt to withdraw $1.2 billion of the country’s own gold from the Bank of England (BoE) has been rejected. The notion of a sovereign state being denied access to its own wealth is a concept that’s hard for bitcoiners to countenance. One thing is certain: the case … Read more
Tidbits: Jesse Powell Criticizes Custodial Ownership, Simon Dixon Slams the Banking System
Tidbits is a roundup of talking points from across the cryptosphere. Today, Jesse Powell and Samson Mow both voice their opinions on the custodial ownership of assets through trusted, third parties. Paul Sztorc shows the Bitcoin community that forks are not as frequent as they think and Simon Dixon breaks down his three problems with the … Read more
JP Morgan: Bitcoin Would Only Make Sense in a Dystopian Scenario
JP Morgan has continued to bash bitcoin and cryptocurrencies, saying the value of them is still unproven and that it will be at least another three to five years before blockchain technology makes a difference to the banking sector. Also read: Jamaica Stock Exchange Plans to List Security Tokens ‘A Dystopian Scenario’ America’s largest bank has … Read more
Why a Global Recession Would Be Good for Bitcoin
Macro trends suggest that a global economic crisis could be looming. Worries about a global recession have been fed by the newly published GDP report showing that China grew at its slowest rate last year since 1990. If a global recession were to happen in the future, many believe that cryptocurrencies, bitcoin primarily, would benefit. … Read more
IBM-Backed Blockchain Platform to Improve Supply Chain Management in Mining Industry
IBM’s new partnership is aimed at supply chain management in the mining and metals industry, looking to improve logistics, financing, and cost-saving Go to Source Powered by WPeMatico
Nick Szabo: Central Banks May Turn to Cryptocurrency Reserves Over Gold
At the Israel Bitcoin Summit at Tel Aviv University on Jan. 8, veteran cryptographer Nick Szabo explained that the use of censorship-resistant cryptocurrencies will rise in countries sanctioned from trade and economies suffering from failed monetary planning. Szabo also argued that the world’s central banks might turn to cryptocurrency reserves in the future in order … Read more
Crypto Trailblazer Nick Szabo: Central Banks Could Turn to Crypto to Support Reserves
Cryptocurrency pioneer Nick Szabo has argued that in a context of rising geopolitical uncertainty, central banks could soon turn to cryptocurrencies to shore up their reserves Go to Source Powered by WPeMatico
Bitcoin vs. Traditional Assets: How Does Crypto’s 10-Year Performance Sync Up?
First decade of crypto: How does BTC performance sync with that of gold, tech stocks and oil? Go to Source Powered by WPeMatico
Chatter Report: Troutner Proposes Algorithmic Stablecoin on BCH, Sztorc Believes Austrian Economics Unnecessary
In today’s roundup of crypto chatter, Chris Troutner and Andreas Brekken play around with the idea of building an algorithmic stablecoin on BCH. Vin Armani debates with Painted Frog on Bitcoin’s similarities to Visa. Also, Paul Sztorc thinks that understanding Austrian economics is not that important to comprehend Bitcoin. Also read: Developer Paul Sztorc Launches the First … Read more
