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From late March 2020, when the global pandemic Covid-19 paralysed many economies, the appeal of cryptocurrencies has grown. Several statistics show increased interest from downloaded wallet apps to peer-to-peer traded volumes. In many ways, this interest in bitcoin and altcoins is evidence that the policies of central banks are failing. Many professional investors, as well … Read more
As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. Market exchange rates of the coins were defined by their metal content. … Read more
In the early stages of trade, when economizing individuals are only slowly awakening to knowledge of the economic gains that can be derived from exploitation of existing exchange opportunities, their attention is, in keeping with the simplicity of all cultural beginnings, directed only to the most obvious of these opportunities. In considering the goods he … Read more
The island country of Saint Kitts and Nevis, located in the West Indies, recently passed a bill that legalizes digital currency assets like bitcoin cash. The act is cited as the Virtual Asset Bill 2020 and it aims to provide the regulation of cryptocurrencies for Saint Kitts and Nevis businesses and residents. Also Read: IOTA, … Read more
Blockchain protocol Algorand and licensed e-money issuer Monerium have signed a non-exclusive partnership for 2020 Go to Source Powered by WPeMatico
Numerous companies have accepted Bitcoin payments over the years. Some companies tend to hold on to those proceeds, whereas others convert them to fiat currency as quickly as possible. It is not uncommon for companies handling cryptocurrency payments to convert them to fiat currency on the fly. ProtonMail Continues to Fight the Good Fight In … Read more
eToro’s crypto exchange eToroX listed Dash, USDT, USDC and five more stablecoins Go to Source Powered by WPeMatico
The central banking system controls monetary policy within a given jurisdiction, including the creation of money itself. The system is a lie and a denial of reality. The lie is political in motivation and content, and the denial of reality is rooted in culture and philosophy. Also read: Bitcoin Is a Weapon for Free Speech … Read more
The best thing about Facebook’s proposed digital currency isn’t its BTF consensus algorithm, account-based data model or single Merkle tree structure. No, the greatest thing about Libra has to be the triggered reactions from politicians and bankers who can sense the rug being pulled from under their feet, threatening their hegemony and upending their world … Read more
With a growing portion of the world dealing with financial turmoil, it is only to be expected local currencies are bleeding value in terms of purchasing power. When depicting the current value of these currencies in Bitcoin value, it quickly becomes apparent things are not looking too great. The following currencies are all valued at … Read more
