The U.S. Treasury Department has just issued an urgent letter requesting a lift on the debt ceiling, warning Congress of imminent financial collision in September as federal cash is running out. Though this scenario has played out many times before, it takes on special significance now in light of president Trump’s recent comments about bitcoin, […]
The post Diamonds and the Treasury Debt Ceiling: Why Nothing Has ‘Intrinsic Value’ in Economics appeared first on Bitcoin News.
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The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 1 Crypto as Class Warfare “Antagonism between the classes will be removed. I do not envisage a dead and artificial level among the people. There will be a variety among them as there is among the leaves of a […]
The post Wendy McElroy: Crypto as Class Warfare appeared first on Bitcoin News.
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Bitcoin has incurred a slight price jump in the last 24 hours. The currency was trading at a measly $8,200 during yesterday’s afternoon hours, but has since spiked by roughly $100 to trade at its current price of $8,300. It’s nothing huge, but it’s a step in the right direction. Bitcoin had previously started a journey that many of us originally thought would ease the currency closer towards recovery. A price bump had initially occurred after the start of the Coindesk Consensus Conference on Monday, and bitcoin was trading for as high as $8,500. With the Conference now over, bitcoin
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