Putting an End to the Bitcoin Store of Value Fallacy

post-img

Read More

Over the last few years, many have claimed that bitcoin core (BTC) has turned into, or will soon become, a store of value (SoV). Proponents of the BTC-based SoV theory seem to think that money can somehow store value and if it’s held long enough, the price will be higher or predictably useful when spent…

UK Regulator: 3% of Consumers Surveyed Have Bought Cryptocurrency

post-img

Read More

The U.K.’s Financial Conduct Authority (FCA) published two reports on consumer attitudes and awareness to crypto assets in the country. The research includes qualitative interviews and a national survey of 2,132 British consumers. Also Read: In the Daily: Tokenized ETFs, Chainalysis, Binance Labs in Argentina 3% of Brits Report Buying Crypto Assets The number of…

St. Louis Federal Reserve Predicts ‘Flood’ of Altcoins Will Drive Down BTC Prices

post-img

Read More

The St. Louis branch of the Federal Reserve bank has published a report seeking to examine the long-term prospects of BTC as an investment. The paper is highly critical of bullish outlooks for bitcoin, asserting that a “flood” of altcoins will deflate the price of all cryptocurrencies relative to fiat currencies over time. Also Read: Marshall…

How Institutional Investors Are Changing the Cryptocurrency Market

post-img

Read More

Institutional investors trading cryptocurrency gained ground in 2018, with a number of high profile players edging in and taking a seat at the table. Increased interest from larger investors may have played a part in supporting digital assets as well as distorting the market.  Also Read: KPMG: Institutional Investment Key to Cryptoassets Growth Will Crypto Markets…

Major Venezuelan Department Store Chain Accepts Cryptocurrency

post-img

Read More

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)

post-img

Read More

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

post-img

Read More

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

Read More

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…