economics

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St. Louis Fed Rejects Notion of Central Bank-Issued Cryptocurrencies

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The St. Louis Federal Reserve has published an essay critically evaluating the notion of cryptocurrencies that are issued by central banks. The article is highly dismissive in presenting what it describes as “the non-case for central bank cryptocurrencies,” concluding that “a central bank will not issue cryptocurrencies in the sense of a truly decentralized and … Read more

Angellist: Number of New Crypto Job Listings Doubled in the Last Three Months

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Angellist, a popular website that allows startups to raise money from angel investors, has revealed data about new crypto job listings on its platform. The company details the hiring needs of companies in the crypto space and what jobs are in demand. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales … Read more

Antpool Begins Burning BCH Network Fees Increasing Digital Scarcity

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On Friday, April 20th the mining operation Antpool explained that the public may have recently noticed a fraction of bitcoin cash being sent to an unspendable address every time Antpool mines a block. Antpool says that it is burning the funds sent to the “black hole address” voluntarily for the good of the BCH economy. … Read more

Taiwan Mining Chip Manufacturer Sees Record Sales Amid BTC Bounce

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The world’s largest independent semiconductor manufacturer, Taiwan Semiconductor Manufacturing Company (TSMC) has reported record sales during  March 2018. TSMC’s president has attributed the company’s performance in part to demand for the hardware required to mine cryptocurrencies. Also Read: Bitcoin Cash Smashes Through $1,000 USD  World’s Largest Semiconductor Manufacturer Reports Record Sales During a recent shareholder conference … Read more

Researchers Chart BTC holding Periods Called ‘Hodl Waves’

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This week Dhruv Bansal the co-founder of Unchained Capital, a cryptocurrency based financial services lending firm released a research study called ‘Bitcoin Data Science: Hodl Waves’ part one. Bansal and his team analyzed the BTC network’s ledger of Unspent Transaction Outputs (UTXO) over a few years and discovered how when BTC lost a large share … Read more

IMF Chief Envisages Large-Scale Shift Towards Cryptocurrencies

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IMF chief Christine Lagarde has dedicated her latest two blog posts on the official IMF website to cryptocurrencies. In her latest post, she outlines multiple benefits of crypto and envisages a large-scale shift away from government-issued currencies towards cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 2 Blog Posts Dedicated to Crypto The … Read more

Government of Iran Bans Foreign Fiat Currency Exchanges

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It appears that the Iranian people are losing trust in the rial as it continues to depreciate in value. In response, the government of Iran is trying to prevent them from getting their hands on foreign currency, providing another example of the need for bitcoin. We should expect to see a growth in local bitcoin … Read more

How the Government Gave Your Money to the Banks – Again and Again

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Bitcoin was created to bring back people’s control over their own hard-earned money. Perhaps no greater example exists of how we don’t currently have real influence over how our capital is being spent than banks getting bailouts from the government at taxpayer expense.  Also Read: Coinsource Installs 20 Bitcoin ATM Machines Around Washington DC A … Read more

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