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US House Representative Ro Khanna Lauds BTC Which ‘Cannot Be Devalued’- Calls for Less Carbon Intensive Mining
7.3.2021
After Elizabeth Warren, the U.S. Senator for Massachusetts called bitcoin a speculative asset, Ro Khanna, the U.S. House Representative for California has spoken in favor of the crypto asset. In his Twitter statement, Khanna says “bitcoin just like digital gold cannot be devalued.”...
A Debt-Fuelled Economic Crisis & Bitcoin: What to Expect?
7.3.2021
It’s hard to shake the fact that bitcoin (BTC)’s ascent from one fresh all-time high to another in recent months has taken place amid a backdrop of a struggling global economy. The United States’ GDP infamously tanked by a record 32.9% in Q2 2020 and fell by 3.5% across 2020 as a whole, while...
A Reminder That A Lot Of Big Games Exploit Overseas Labor
5.3.2021
While most big games released have a main studio that’s often based somewhere like the United States or Canada or the UK, they also frequently make use of outsourcing studios in other countries to get their games made. Studios where, surprise, the working conditions can be not great.Read more
Hyperbitcoinization’s Small Minority: Economist Says Bitcoin’s Growing Success Will Lead to Perverse Consequences
1.3.2021
Last Sunday, the price of bitcoin touched an all-time price high at $58,354 per unit and surpassed a $1 trillion market capitalization. Bitcoin’s value has dipped since then, but the decentralized crypto asset’s market still captures a large $900 billion valuation. On February 26,...
As Millions Drown in Today’s Poverty Trap, Macro Strategist Raoul Pal Says ‘Bitcoin Is a Life Raft’
18.2.2021
Global Macro Investor CEO, Raoul Pal, discussed the current economy this week and asked his 394,000 followers if people are using the wrong denominator when it comes to certain economic factors. One thing’s for certain, wages have not increased, no matter the common denominator people use...
Allianz Economic Advisor Says Argument for Bitcoin Is Evolving — More Companies Will Embrace BTC as Form of Payment
15.2.2021
Allianz’s chief economic advisor, Mohamed El-Erian, says that the argument for investing in bitcoin has reached a pivot point. He sees more companies following Tesla’s example and embracing bitcoin as an investment vehicle as well as a form of payment. Allianz’s Economic Advisor...
Retail Crypto Adoption Advances Amid Pandemic as Acceptance and Fungibility Broaden Value
7.2.2021
While the rise in cryptocurrencies over the last year has been the source of excitement among advocates and consternation for its detractors, a look at prices alone hides the real value being unlocked within the ecosystem. Cryptocurrency’s Real Value Lies in its Use, Not Speculation With...
Strange Bedfellows: The World Economic Forum and Crypto
29.1.2021
A look at the challenging task of integrating the radical crypto world into the establishment with Adrian Monck of the World Economic Forum
China, Singapore Look Ahead to CBDC Future at World Economic Forum
28.1.2021
A former deputy governor of the People’s Bank of China compared notes with the chairman of the Monetary Authority of Singapore
Federal Reserve Holds Rates, Asset Purchases Steady as Economic Activity Moderates
27.1.2021
The central bank noted that economic activity and employment had moderated while the path of the economy will be determined by vaccinations
Tokenized agriculture could provide economic relief to Argentine farmers
27.1.2021
Blockchain proponents claim that agricultural asset-backed tokens would make it easier for farmers in Argentina to attract investment and access liquidity amid a nationwide economic crisis
Davos Watch: 'Don't Take Things For Granted For The Next Decades'
26.1.2021
François Villeroy de Galhau. Source: A video screenshot, Youtube/CNBC International TV
With the pandemic triggering intensified economic and financial stimulus by governments across the world, regulators and banks consider they fulfilled their mission of ensuring liquidity to the markets, but...
Cryptocurrency makes World Economic Forum's Davos Agenda
24.1.2021
Sessions devoted to “resetting digital currencies” are scheduled at this week’s Davos Agenda
Economic Experts Flummoxed by BTC’s Spectacular Rise, Sold at USD 19K
20.1.2021
Investors who cashed in on their bitcoin (BTC) holdings before the token hit the USD 20,000 threshold have been eating humble pie – with one admitting, “When I sold bitcoin at USD 19,000. I thought I was the smartest person around.”
The admission came in an interview with Mohamed El-Erian,...
The Foundation for Economic Education Announces Two Major Gifts From Bitcoin.com Founder Roger Ver
19.1.2021
PRESS RELEASE. 19th January 2020, St Kitts & Nevis & Atlanta – The Foundation for Economic Education (FEE.org) announced today that Bitcoin.com founder and early cryptocurrency investor Roger Ver has made two gifts totaling $2,000,000 in Bitcoin Cash (BCH) to support FEE’s...
EU Seeks to Curb Reliance on US Dollar After American Sanctions Exposed Financial Infrastructure Vulnerabilities
19.1.2021
The European Union (EU) is reportedly planning to reduce its reliance on the U.S. dollar-based financial system, after American sanctions on Iran exposed the vulnerabilities of the bloc’s financial infrastructure. According to officials, who are now determined to challenge the dollar’s...
Bitcoin Investment Make Sense in Current Economic Climate: Former Fed Governor
6.1.2021
"I guess if you are under 40 bitcoin is your new gold," Warsh said
Bringing carbon emissions reporting into the new age via blockchain
29.12.2020
Blockchain can bring transparency and traceability to mining and metal supply chains, although data challenges may hamper successful use cases
India Considers 18% GST on Bitcoin Transactions
29.12.2020
The Indian government is reportedly mulling over imposing an 18% goods and services tax (GST) on bitcoin transactions. According to the Central Economic Intelligence Bureau, the government could gain Rs 7,200 crore annually from this bitcoin taxation. 18% GST on Bitcoin Trades The Central Economic...
Spanish Municipality Creates Its Own Cryptocurrency to Boost Economy Hurt by Coronavirus Crisis
29.12.2020
A municipality in the province of Sevilla, Spain, has launched its own cryptocurrency, which aims to encourage residents and merchants to arrange transactions with it in the midst of the coronavirus-driven economic impact. Spain’s Sevilla Municipality Launches ‘Elio’...