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$4 Billion US Fintech Startup Sofi Receives New York Bitlicense


Sofi is a startup valued at over $4 billion which is focusing on providing millennials with student loan refinancing, personal loans, mortgages, and other wealth management and financial services. In September it has added crypto trading to its investing platform as a response to demand from...

FBI Says Bitcoin Concern Is Getting ‘Bigger and Bigger’


In a recent U.S. Senate Committee on Homeland Security And Governmental Affairs hearing, Senator Mitt Romney expressed concerns about Bitcoin’s potential as a threat to national security. Federal Bureau of Investigation (FBI) Director Christopher Wray replied that cryptocurrency is a concern...

Crypto Secularizes Wealth by Returning Power to the People


Secularization is the process of converting something from a religious status to a nonreligious one. In its usage here, the word “religious” has no necessary connection to a deity. The word refers to the mystification of a thing in order to elevate it to the status of the divine where...

Iran Is Being Targeted for Economic Independence, Not Terrorism


New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already...

How Prime Brokerage Will Affect Crypto Markets


Prime brokerage firms are coming for crypto in what’s likely to be a race of winner-takes-almost-all. Goldman Sachs is synonymous with institutional wealth and power, even to those who’ve never purchased a financial product in their life. Like the eponymous tower it occupies in Jersey...

Greta Thunberg Joins Satoshi in Questioning Bank Bailouts


Saving planet Earth is a noble goal with many different dimensions. Climate change needs to be addressed vigorously as our world warms up faster than ever. Economic development needs a higher degree of financial freedom to provide everyone access to opportunities and wealth. A teenager from...

Tax Strategies For Cryptocurrency Investors To Legally Minimize Taxes


Many cryptocurrency investors and taxpayers view the tax system as a drain on their wealth. They often say, if it wasn’t for taxes, I would have more funds to accelerate the growth of my portfolio and build wealth for my […] The post Tax Strategies For Cryptocurrency Investors To Legally...

Immortality, Cryogenics and UBI: How The Crypto Rich Influence Science


The rise of cryptocurrency is changing the philanthropic world by causing the redistribution of wealth from old money to visionary innovators and early tech adopters. The new crypto rich invest their donations by supporting scientific research in groundbreaking fields that may one day enable...

Bitcoin Has 50 Times More Concentration Than Global Wealth


The basic idea behind the inception of cryptocurrency is to decentralize and take away the rigid control that some banks and organizations have on the monetary transactions. However, according to the latest report of the PARSIQ, an organization involved in the monitoring of the blockchain...

Owning Fiat Just Got More Expensive – NIRP Strikes Again


With the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are scrambling to find ways to preserve their wealth, while USB and others scramble to dam the losses resulting from national negative interest rate policy...

JavaScript Proxy with Storage


The JavaScript Proxy API provides a wealth of “magic” within JavaScript, allowing you to use any object as sort of an alias that allows a wall of validation, formatting, and error throwing. Did you know that you could also employ the Proxy API as an abstraction to different types...

Amazon or Bitcoin: Who is Spawning More Wealth?


Amazon is the largest e-commerce marketplace and cloud computing platform in the world as measured by revenue and market capitalization. Amazon went public on 15 May 1997, 22 years ago today. When Amazon first went public in 1997, its stock was priced at just $18 per share. But in the 20-plus years...

Why Cryptocurrency Investors Are Renouncing Their US Citizenship


Andrew Henderson is the founder of Nomad Capitalist, a company which helps people from around the world move to different countries while minimizing their tax obligations. In recent years the company has created plans for dozens of people who made their wealth from the cryptocurrency sector...

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