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Former Fed Chair Alan Greenspan Says Decreasing Supply of Greenbacks Makes the US Dollar a ‘Better Store of Value’
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Gold and Bitcoin Markets Tested, While Central Banks Try to Quell Stock Market Rout
Central banks worldwide have been bracing for the worst, as the global economy has shuddered over the last seven days. On March 11, the Bank of England slashed rates by 50 bps bringing the base rate down to 0.25%. Meanwhile, Wall Street bankers and U.S. President Donald Trump want the Federal Reserve to slash rates […]
The post Gold and Bitcoin Markets Tested, While Central Banks Try to Quell Stock Market Rout appeared first on Bitcoin News.
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New SLP Token Allows You to Transact in BTC But With BCH Fees
There’s a new Simple Ledger Protocol (SLP) based token called BTC2 that’s backed 1:1 with BTC. People can obtain the BTC2 token using cryptocurrency swapping application Sideshift.ai. With BTC2, you can essentially transact BTC, but with the same network fee (less than a penny) as bitcoin cash transactions. Also read: Meet the Developer Who Added […]
The post New SLP Token Allows You to Transact in BTC But With BCH Fees appeared first on Bitcoin News.
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Report Insists ‘Bitcoin Was Not Purpose-Built to First Be a Store of Value’
There’s been furious debate over the last few years on whether or not Satoshi created Bitcoin to be a peer-to-peer cash system or a purpose-built store of value. Lately, a few BTC proponents claim that Satoshi deliberately built Bitcoin to be a store of value (SoV). Despite the SoV narrative, the cofounder of OB1, Samuel […]
The post Report Insists ‘Bitcoin Was Not Purpose-Built to First Be a Store of Value’ appeared first on Bitcoin News.
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Our Value of Money Is Subjective But That Doesn’t Make It Meaningless
In my last op-ed, I discussed how the value we place on items and goods is subjective based on Carl Menger’s Subjective Theory of Value and how these concepts apply to people’s perception of value with things like fiat, gold, and bitcoin. The post outlined the idea that money cannot serve as a store of […]
The post Our Value of Money Is Subjective But That Doesn’t Make It Meaningless appeared first on Bitcoin News.
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Marshall Islands Updates 2019 Roadmap for Sovereign Cryptocurrency
The Marshall Islands’ plan to issue a sovereign cryptocurrency, dubbed ‘the Sovereign’ (SOV), appears to be progressing, with the Oceanic nation announcing that it will work alongside Steve Tendon, a former adviser to the Maltese Office of the Prime Minister regarding blockchain policy, in developing the virtual currency. Also Read: Latin American P2P Bitcoin Markets Defy […]
The post Marshall Islands Updates 2019 Roadmap for Sovereign Cryptocurrency appeared first on Bitcoin News.
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IMF Pressures Marshall Islands to Drop National Crypto
The International Monetary Fund (IMF) has exerted pressure on the Marshall Islands to torpedo its proposed crypto. The move by the Washington-based global financial institution has been cited as evidence of the steps central bankers will take to thwart cryptocurrency adoption. The Marshall Islands’ decision could have ramifications that extend far beyond the confines of […]
The post IMF Pressures Marshall Islands to Drop National Crypto appeared first on Bitcoin News.
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How the Marshall Islands Sovereign Cryptocurrency Came About
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 […]
The post How the Marshall Islands Sovereign Cryptocurrency Came About appeared first on Bitcoin News.
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Trading Tip `The Wall´ – Bitcoin Dominance On The Rise
In the cryptocurrency market today, there’s a wide variety of investors. But it wasn’t always like that. Between 2010-2016, the landscape was pretty uncomplicated. On a high level, there were only two distinct categories: 1, The ones who measured their wealth in fiat; 2, The ones who measured their wealth in bitcoin. Also read: Meet the TA […]
The post Trading Tip `The Wall´ – Bitcoin Dominance On The Rise appeared first on Bitcoin News.
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