Powered by WPeMatico
Category: medium of exchange
Auto Added by WPeMatico
South African Central Bank Governor Reiterates: ‘Crypto Is Not Currency’
Powered by WPeMatico
Kenyan Insurance Executive Calls Cryptocurrencies Ponzi Schemes, Warns Users This Will ‘End in Tears’
Powered by WPeMatico
Parliament of West Africa Economic Block Cautions Against Use of Cryptocurrencies
Powered by WPeMatico
Bitcoin has failed miserably as currency, says NYU’s ‘dean of valuation’
The serial Bitcoin critic has once again dismissed BTC’s value proposition as a form of currency.
Powered by WPeMatico
UN Kenyan Mission Praises Local Blockchain-Based Initiative for Helping to Reduce Poverty
Powered by WPeMatico
Camarasal Poll Shows Entrepreneurs Are Worried About Bitcoin Law in El Salvador
Powered by WPeMatico
US Government Agencies Propose Changes to Funds Transfer Rules-Seek to Broaden Definition of Money to Include Cryptocurrencies
The U.S. Federal Reserve Board and Fincen are seeking feedback on their proposal to lower the threshold at which financial institutions must collect and retain information on funds transfers. In their joint notice on the rule change proposal, the two U.S. agencies want a new threshold for international transactions to be set at $250 down […]
The post US Government Agencies Propose Changes to Funds Transfer Rules-Seek to Broaden Definition of Money to Include Cryptocurrencies appeared first on Bitcoin News.
Powered by WPeMatico
Zimbabwe’s Mobile Money on Life Support as Central Bank Tightens Screws: Restrictions to Affect P2P Bitcoin Trading
Zimbabwe’s Mobile Money Operators (MMO) say they will comply with the latest directive by the central bank to shutdown mobile money agents. In addition, the MMOs will also limit mobile money transactions to $50 (Zwl $5,000) per day while users are now restricted to one mobile money account per person. The directive went into effect […]
The post Zimbabwe’s Mobile Money on Life Support as Central Bank Tightens Screws: Restrictions to Affect P2P Bitcoin Trading appeared first on Bitcoin News.
Powered by WPeMatico
Ayn Rand: Francisco d’Anconia’s Speech on Money
“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who […]
The post Ayn Rand: Francisco d’Anconia’s Speech on Money appeared first on Bitcoin News.
Powered by WPeMatico