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Although Bitcoin holders often describe the asset as a store of value, gold advocate Peter Schiff said such participants do not actually seek wealth storage, hunting instead for profit. Go to Source Powered by WPeMatico
Describing the current economic state, including pending inflation, Anthony Pompliano noted exiting cash into other assets as the key to wealth. Go to Source Powered by WPeMatico
When it comes to counterfeiting booze, wine is an easy target. Fortunately, blockchain makes a particularly good pairing with the wine market. Go to Source Powered by WPeMatico
Euro Pacific Capital CEO, Peter Schiff’s comment suggesting Bitcoin might be the next target following a hack of multiple VIP Twitter accounts has been ridiculed by bitcoiners. Seemingly relishing the prospect of a bitcoin hack, Schiff a gold bug and a well-known bitcoin critic, signs off his Twitter post by urging his followers to stick … Read more
Abra CEO and founder Bill Barhydt said he sees Bitcoin as a store of value, increasingly distancing itself from mainstream market price correlation. Go to Source Powered by WPeMatico
Pavel Luptak — co-founder of Czech cryptocurrency community hub Parallel Polis — says Schiff’s suggestion has no foundations in reality. Go to Source Powered by WPeMatico
Almost 60% of 13,000 people say they will “hodl” Bitcoin to the grave if the BTC price fails to trade above $10,000. Go to Source Powered by WPeMatico
Best-selling author Robert Kiyosaki says he still invests in gold, silver, and Bitcoin because he doesn’t trust the US government. Go to Source Powered by WPeMatico
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
A drop in Bitcoin trading resulted in a six-month low of Bitcoin’s annualized volatility. Go to Source Powered by WPeMatico