Major Venezuelan Department Store Chain Accepts Cryptocurrency

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The people of Venezuela have been forced to cope with an increasingly difficult economic situation in recent years. This has led to a loss of trust in government-issued fiat by the population in a way that many believe exemplifies the need for cryptocurrency. This may account for why a major Venezuelan department store chain accepts…

The Double-Spend (What Bitcoin's White Paper Solved Forever)

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Bitcoin’s white paper solving the double-spend problem in the digital world makes near real-time commerce possible across the entire planet.

Steve Hanke: Central Banks Fuel Wealth Loss and Inflation – The World Needs Less of Them

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Respected economist Professor Steve Hanke has chanted down central banks. While Hanke doesn’t tout cryptocurrency as an alternative, he does say that the world needs fewer central banks because these government-controlled entities are messing up economies and abusing monetary policy, while fueling inflation and loss of wealth. Also read: Ex-Liberia Central Bank Chief Under Probe For…

‘Cryptocurrencies and Precious Metals Can Co-Exist,’ Explains Ron Paul

‘Cryptocurrencies and Precious Metals Can Co-Exist,’ Explains Ron Paul

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Just recently the notorious libertarian and Austrian economist, Ron Paul, released a paper that discusses the world’s issues with central economic planning. In the report, Paul goes into vast detail on how precious metals and cryptocurrencies can co-exist in order to prevent current market monopolies from “rigging the economy.” Also Read: US Authorities Seize Over…