Venezuela Makes Petro Crypto a National Currency, Publishes New Whitepaper

Venezuela’s president Nicolas Maduro has made several claims regarding his country’s digital currency this week. He announced the launch of the petro as a national currency on Monday, reportedly claiming that it is already “present in the world’s six topmost international exchange houses.” A new whitepaper has also been published showing that the petro is … Read more

New Stablecoins: From Cryptopound and Metal-Backed Swiss Coin to Mongolian ‘Candy’

Following some notable premiers in the genre recently, the next batch of stablecoins is on the way. A British startup is partnering with a bank to launch a GBP-pegged crypto, a Swiss commodities trader wants to mint a coin backed by metals, and a Mongolian telecom has been licensed to issue the country’s first digital … Read more

The Daily: Around the World on 1 BTC and the Plausibly Deniable Brainwallet

In today’s edition of The Daily, we’re focusing on human interest stories. Tales involving people rather than products, as a reminder of the many ways in which cryptocurrency affects people’s lives, transforming them for the better. From Australia to China, Thursday’s roundup is as borderless as bitcoin itself. Also read: Developer Paul Sztorc Launches the First … Read more

Paul Krugman: Bitcoin Has More Utility Than Gold

Recently at the ChainXchange blockchain conference, Paul Krugman took center stage at a panel of Bitcoin skeptics and supporters including Ripple Chief Market Strategist Cory Johnson and market research guru Thomas Lee. Prior to the discussion, Krugman delivered a presentation that focused primarily on the history and development of money, and ultimately how they relate to … Read more

“People’s Money” Crypto to Outlast Fiat “Scam” – Rich Dad, Poor Dad Author

The author of the best-selling book ‘Rich Dad, Poor Dad’, Robert Kiyosaki, has spoken in favor of virtual currencies during a recent podcast. Mr. Kiyosaki described the United States Dollar (USD) as comprising a “scam” and predicted that precious metals and cryptocurrencies will outlast fiat currencies. Also Read: Many Swiss Bankers and Financial Regulators Quit to … Read more