A CIA World Factbook entry listing nations’ current account balances shows that big economies and near-failed states share something in common – massive debt. This liability making them strong cases for hyperbitcoinization, which could be exacerbated by an anticipated global economic slowdown. Also read: Governmental Overreach in Developing Nations Will Hasten Hyperbitcoinization Debt-Ridden Economies Prime Cases […]
The post Heavy Borrowers and Near-Failed States Likely to Drive Hyperbitcoinization appeared first on Bitcoin News.
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This morning, the overall cryptocurrency market momentum didn’t look too inspiring. Minor losses for all top markets usually trickle down to bigger losses for most altcoins. It appears that is not necessarily the case today. If the HyperCash price is any example, things will get pretty interesting moving forward. Strong HyperCash Price Trend is Surprising It has been a while since anyone actively talked about HyperCash without referring to its price. The project is still undergoing some big developments as of late, thus it is only normal there isn’t anything to get “hyped up about” until it is effectively completed.
In this edition of The Daily we cover recent regulatory developments regarding the use of cryptocurrencies and their associated industries from all over the world. Lawmakers in Italy have approved a definitions mandate, Mauritius has created a crypto custody license, and Malta is set to provide cybersecurity guidance to crypto funds, exchanges and ICOs registered […]
As was to be somewhat expected, it appears most cryptocurrency markets have turned bearish once again. Albeit most losses have been kept to a bare minimum in most cases, some projects are bleeding value all over the place. The XRP price, for example, is losing more ground to Ethereum and Bitcoin alike. An interesting shift in market cap rankings looms ahead. XRP Price Trend is Worrisome Despite some positive Bitcoin momentum earlier in the week, it quickly became apparent XRP would not be following suit after all. Although this is somewhat surprising, it is not entirely unexpected either at this
Brock Pierce has launched his own bid for the civil rehabilitation of Mt. Gox, promising to pay out all current funds to creditors while also talking about issuing debt tokens or giving away equity in a resurrected Mt. Gox exchange. As noble as this may sound on the surface, there are strong reasons to question […]
