Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QE

Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QEFinancial regulators all around the world have been cracking down hard on ICOs for promising more than they can deliver. At the same time governments and central banks are pulling off far worse scams, such as QE, wiping out the savings of everyone that depends on them. To hide this fact they use obscure economic […]

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Europe, Japan and the ‘Drug’ of Quantitative Easing

Can Europe and Japan Recover From the Drug of Quantitative Easing?Last month, news.Bitcoin.com examined the problem of quantitative easing (QE) and its impact on the U.S., and how such policies have spread to the rest of the world. This month, we continue to drill down on the phenomenon of governments printing trillions of dollars worth of fiat currency simply by pressing buttons on their computers. Value […]

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World Central Banker to Central Banks: Bitcoin Is a Bubble, Ponzi, and Disaster

World Central Banker to Central Banks: Bitcoin is a Bubble, Ponzi, and DisasterGeneral Manager of the Bank for International Settlements (BIS), Agustín Carstens, gave a talk at Goethe University in its House of Finance, Tuesday, 6 February in Frankfurt. Titled Money in the Digital Age: What Role for Central Banks?, the talk saw Mr. Carstens acknowledge “We have seen a bit of a shift, to issues at […]

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Bundesbank Board Member: “No Plans to Issue State-Backed Cryptocurrency”

Bundesbank Board Member: "No Plans to Issue State-Backed Cryptocurrency"Online German news site, €uro am Sonntag, interviewed Bundesbank board member Carl-Ludwig Thiele who revealed the European Union has no plans to issue a state-backed cryptocurrency. He also goes on to agree with the idea that bitcoin was a direct reaction to the 2008 financial crisis, and how “our currency, the euro, is essentially based […]

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