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Nalezeno "Digital gold": 242

Liquid Gold vs Digital Gold: Why Bitcoin Beats Oil in the Current Climate


Extreme volatility. Sudden loss of value. A purported store of value. An economic hedge. An alternative to gold. On the face of it, bitcoin and oil have a lot in common. Both markets have been buffeted by the covid-19 economic downturn, but while bitcoin has stabilized, oil keeps plummeting. What...

Bitcoin Pumpers Forced to Admit It’s Not Digital Gold – Peter Schiff


Peter Schiff – economist, stock-broker, and gold promoter –  argued that Bitcoin did not pass the test for a global reserve currency in his latest podcast released earlier today. In a pointed gesture to his Twitter spat with Anthony Pompliano yesterday over Bitcoin’s status as...

Bitcoin Pumpers Forced to Admit It’s Not Digital Gold – Peter Schiff


Peter Schiff – economist, stock-broker, and gold promoter –  argued that Bitcoin did not pass the test for a global reserve currency in his latest podcast released earlier today. In a pointed gesture to his Twitter spat with Anthony Pompliano yesterday over Bitcoin’s status as...

More Than 77 Crypto Projects Claim to Be Backed by Physical Gold


The last few years have seen the creation of blockchain projects that claim to have tokens backed by physical gold. In October, Coinshares and Blockchain.com launched a digital gold token (DGLD) backed by physical gold that uses BTC’s security. Tether just announced a new token called tether...

Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas


The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all around the world....

Don’t Blame China: Why BTC Still Can’t Compete With Fiat


In the wake of recent price movements, doubts are beginning to crop up more and more around BTC maximalist circles. As focus shifts from Satoshi’s founding vision of the coin as cash to a mere digital gold to be saved and “cashed out” later, valid questions are indeed raised....

ICE chief believes Bitcoin can become digital gold but only if this happens


CoinMarketCap Daily Newsletter Your daily newsletter for 1 November, 2019 Bravery “Cowards die many times before their deaths, the valiant never taste of death but once.” – William Shakespeare November is here! Wow, down to the last 2 months of […] The post ICE chief believes Bitcoin...

ICE chief believes Bitcoin can become digital gold but only if this happens


CoinMarketCap Daily Newsletter Your daily newsletter for 1 November, 2019 Bravery “Cowards die many times before their deaths, the valiant never taste of death but once.” – William Shakespeare November is here! Wow, down to the last 2 months of […] The post ICE chief believes Bitcoin...

Now That Bitcoin 'is Digital Gold,' Which Crypto is For Payments?


Ever since the post-April cryptocurrency bull market, Bitcoin has been gradually consolidating its status as a store of value. This was confirmed most emphatically on July 11, when Federal Reserve chairman Jerome Powell told the U.S. Senate banking committee that investors use the cryptocurrency...

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