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Starting a debate by calling nearly everyone in the room “economically illiterate” doesn’t usually end well for someone attempting to persuade an audience, but that’s just what American economist Nouriel Roubini did on Tuesday, in his debate with Bitcoin.com Executive Chairman Roger Ver. The 40-minute, high-energy volley of arguments and ad homs is as entertaining … Read more
Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD. In short, should these fail, central banks and their governments retain … Read more
There aren’t many areas of modern society unaffected by the draconian war on drugs, and non-violent crypto exchange is no exception. Two San Diego men in their twenties reportedly pleaded guilty on Monday to charges of money laundering conspiracy, for selling cannabis on the darknet for bitcoin and operating an unlicensed crypto exchange service. The … Read more
With the launch of Bakkt’s bitcoin futures market and Binance’s revamped U.S. exchange, there’s been a lot of talk in the space about institutionalization and traditional money flowing into crypto. It’s almost as if some believe that Bitcoin can’t scale as a purely peer-to-peer electronic cash system and that third parties and regulators must be … Read more
In a tweet posted Monday, September 23, Libertarian presidential candidate and crypto rebel John McAfee wrote: “BAKKT goes live today. It is institutionalized and monitored … if you are “initiated” into crypto, then you certainly won’t use it and will spend time luring the new users into the Unlimited Crypto World.” The maverick anti-politician raises … Read more
Everybody loves a story. When it comes to how people first got into cryptocurrency, there’s no exception. Crypto Twitter (CT) is full of humorous, thought-provoking, and unexpected tales of diving down the Satoshi rabbit hole, and the reasons for entering the space are as diverse as the people themselves. Also Read: North Korea Plans to … Read more
A recent article from MIT Technology Review has leveraged a somewhat sensationalist headline to stir up fear about bitcoin and crypto. The article, written about a “hidden” government weapon to be deployed against Bitcoin, references September 3 senate subcommittee testimony by Washington D.C. consulting firm Financial Integrity Network. In the testimony, Vice President of the … Read more
With Townsville, Australia’s Bitcoin Cash City conference and related post-conference events now all wrapped up, participants are heading home to get back to the grind. As such, it stands to take a look at the conference as a whole and BCH adoption in and beyond the land of Oz, which is fueled by three critical … Read more
A recent opinion article by Peter Lin, “Why Regulation Is The Best Thing For Crypto,” presents common arguments on why the state and state-affiliated institutions should administer cryptocurrency. Underlying the arguments is an assumption: the free market cannot provide necessary standards for crypto and the state must step into the void. Also read: Why the … Read more
An Australian national living in Boulder, Colorado was slammed with a one year and a day prison sentence last month for trading bitcoins. An August 23 statement from the Colorado U.S. District Attorney’s Office states that Emilio Testa, 32, was charged with money laundering, and claims Testa knew the funds he was acquiring had been … Read more
