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Digital currency provides unprecedented abilities to spy on and control what people do, and having that power in the hands of a few people is very dangerous. The Big Tech monopolies of Silicon Valley are building a future where your every action is monitored, and giving Facebook control over what you can and can’t do … Read more
The petro has stirred up a lot of debate among the cryptocurrency community, with some people who believe it is a successful example of using the technology to create resource-backed assets and bypassing financial sanctions, while others see it as a scam by a corrupt government that already inflicted economic calamities, such as hyperinflation, against … Read more
A growing number of governments and central banks around the world are looking to the possibility of issuing their own digital coins these days. The latest financial institution to join this trend is the Caribbean central bank of Curaçao and Sint Maarten. Also Read: Crypto Cafe and Coworking Space ‘Hash House’ Established in Xi’an, China … Read more
The government of Iran is preparing to launch its own cryptocurrency, according to state-controlled media reports. The intended purpose of the new Iranian govcoin is to help the country skirt the international financial sanctions meant to cut its access to the global economy. Also Read: The Daily: Skrill Launches Crypto Trade, Luxury Market Reaches $100M … Read more
When you are an entrenched player deep within a certain system, especially one as complex and inflexible as the banking industry, it can be hard to implement changes, even when there is a critical need to adapt to emerging technologies. If a company wants to appear as if it is keeping up with the times, … Read more
The cryptocurrency community is full of entrepreneurial people who think they can change the world. From challenging financial and tech giants to attempting to establish sovereign micro-nations, nothing is beyond their reach. A recent example shows they can even successfully convince countries to issue their own cryptocurrency. Also Read: High-Frequency Trading Firm Virtu Threatens Legal … Read more
A small island nation with less than 60,000 inhabitants best known internationally as a former test site for nuclear weapons is joining the hottest new trend – issuing a national cryptocurrency. The planned Marshall Islands’ Govcoin is expected to be issued later this year. Also Read: Europol: Hardcore Criminals Are Shifting From Bitcoin to Monero, … Read more
