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A $9 Trillion Corporate Debt Bomb Is ‘Bubbling’ In The Us Economy (#GotBitcoin?)
At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowing terms and a seemingly endless thirst from investors. A $9 Trillion Corporate Debt Bomb Is ‘Bubbling’ In The Us Economy (#GotBitcoin?) Key Points Companies…
Bitcoin Has Got Society To Think About The Nature Of Money
Sometimes I imagine the advent of bitcoin as akin to the sudden appearance of the monolith in Stanley Kubrick’s 2001: A Space Odyssey that triggers curiosity, suspicion, euphoria and then ultimately evolution across a band of interested primates. Bitcoin Has Got Society To Think About The Nature Of Money Satoshi…
Major Banks Unknowingly Process Billions In Crypto Business, Says CipherTrace
Blockchain intelligence firm CipherTrace has claimed that large banks may be processing up to $2 billion in undetected cryptocurrency-related transfers each year. Major Banks Unknowingly Process Billions In Crypto Business, Says CipherTrace In a press release shared with Cointelegraph on Dec. 16, CipherTrace claims that its research unit has found…
How DeFi Goes Mainstream In 2020: Focus On Usability (#GotBitcoin?)
2019 was an important year in the slow but steady march towards a future of decentralized finance (DeFi). How DeFi Goes Mainstream In 2020: Focus On Usability (#GotBitcoin?) What Is DeFi? DeFi is an abbreviation of the phrase decentralized finance which generally refers to the digital assets and financial smart…
Dissidents And Activists Have A Lot To Gain From Bitcoin, If Only They Knew It (#GotBitcoin?)
We are in an era of gradual global bitcoin awakening. The technology has proven robust and resistant to attacks. Over time, the price has continued to climb from pennies to thousands of dollars. Dissidents And Activists Have A Lot To Gain From Bitcoin, If Only They Knew It (#GotBitcoin?) Brilliant entrepreneurs…
At A Refugee Camp In Iraq, A 16-Year-Old Syrian Is Teaching Crypto Basics
How do you explain ethereum to someone who doesn’t know how to use email? What’s the best way to convey how many satoshis add up to a single bitcoin? At A Refugee Camp In Iraq, A 16-Year-Old Syrian Is Teaching Crypto Basics Those are among the questions faced by Yousif…
Bitclub Scheme Busted In The US, Promising High Returns From Mining
The scheme managed to grab $722 million in cryptocurrency, offering high rewards in exchange for “shares”. Bitclub Scheme Busted In The Us, Promising High Returns From Mining Three men were charged with running a large-scale Ponzi scheme, taking as much as $722 million in cryptocurrency. The BitClub network was promoted…
Facebook Rebuffs Barr, Moves Ahead on Messaging Encryption
Company turns down attorney general’s request for law-enforcement access to WhatsApp, Messenger platforms. Facebook Rebuffs Barr, Moves Ahead on Messaging Encryption Facebook FB -0.47% said it would move forward with plans to add encryption across its messaging platforms, rejecting a plea from Attorney General William Barr to allow some form…
I Do Not Want To Live In A World Where Cryptocurrency Has Found Mainstream Use
Cryptocurrency Is Most Useful For Breaking Laws And Social Constructs. I Do Not Want To Live In A World Where Cryptocurrency Has Found Mainstream Use Why hasn’t cryptocurrency gone mainstream? “It doesn’t scale.” “It’s slow.” “It’s expensive.” “It’s volatile.” “It’s hard to use.” Or maybe it was never supposed to…
How George Clinton Funked The World And Made It Out Alive
The funk pioneer on getting clean, how he constructed his Afrofuturistic image and what the essential items in his life are now. How George Clinton Funked the World and Made It Out Alive George Clinton has reinvented himself enough for several lifetimes. During one of his many primes, he led…
Trumponomics Has Destroyed All The Progress We Made Under Obama (#GotBitcoin?)
The achilles heel of Trump and his supporters is the ignorance and inability to understand and talk intelligently about economics and finance. Trumponomics Has Destroyed All The Progress We Made Under Obama (#GotBitcoin?) Look at all the articles about the massive-money printing, Trumps insistence on Powell delivering near zero and/or…
Shale Industry Drills More Debt (Over $280 Billion) Than Profit (#GotBitcoin?)
Since 2007, the oil and gas industry has lost $280 billion betting on the shale boom, which has been made possible by hydraulic fracturing (fracking) and Wall Street financing, and these companies are still borrowing heavily. Shale Industry Drills More Debt (Over $280 Billion) Than Profit (#GotBitcoin?) But even as…