Ripple CEO: Bitcoin Controlled by Chinese, Absurd to Think it Could be Primary World Currency

Brad Garlinghouse, Ripple CEO, answered candidly during an interview about crypto’s prospects for the future. Among other criticisms, he stressed blockchain technology is mostly hype, and that bitcoin core (BTC) is controlled by Chinese miners and has no hope of being a world currency. Also read: Crypto and Virtual Reality Meet in Ken Liu’s Science … Read more

Bitcoin in Brief Saturday: Warren Warned By Billboards, Coinbase Tempted by Banking

In Bitcoin in Brief today, billionaire Warren Buffett has been reminded that he was wrong about Google and Amazon, and told he might be wrong about bitcoin, too. Billboards have appeared outside his office to convey the message of the crypto community. Also, a report suggests that the US cryptocurrency exchange Coinbase may apply for … Read more

Square Made a Meager $0.2 Million From Bitcoin in Q1 2018

Hearing about the whopping figures that bitcoin exchanges are bringing in, one might be led to believe that all businesses in the field are making money hand over fist. Latest figures from Square, however, show that is not necessarily the case. At least not in the short term. Also Read: Bitcoin Is Not Used by … Read more

Square Cash Stock Spikes Due to Analyst’s Bitcoin Trading Optimism

Whether the markets were going up or down, one segment of the bitcoin industry has been consistently making serious money, trading venues. This has caused more companies to want to join the party and on the way offer stock investors exposure to the bitcoin ecosystem regardless of what some regulators think. This seems to be … Read more

New Bitcoin-Only Shop Open in New Hampshire

Derrick J. Freeman and Steven Zeiler founded what they claim is the first crypto-only brick and mortar retail establishment in the US, the Free State Bitcoin Shoppe. Visitors pay for merchandise with cryptocurrencies like bitcoin. If they don’t have cryptocurrency, the store clerk helps them download and fund their first wallet. They checkout using an … Read more