Bitcoin And Crypto-Currency
If Central Banks Can Print Money, Why Do Citizens Pay Taxes? (#GotBitcoin?)
I understand the Federal Reserve doesn't actually "print" money but they do control the money supply.. so why is it necessary for citizens to pay taxes? If Central Banks Can Print Money, Why Do Citizens Pay Taxes? (#GotBitcoin?) Why don't central banks simply increase the balance sheet according to the…
People Are Using Stimulus Checks To Buy Bitcoin
Coinbase CEO Brian Armstrong has published on social media a chart showing a large spike in buys and/or deposits that are of exactly $1,200 on the cryptocurrency exchanges. People Are Using Stimulus Checks To Buy Bitcoin The chart implies that U.S. citizens are using their stimulus checks, distributed as…
Bitcoin’s Quantitative Hardening vs Fiats Quantitative Easing (QE)
Bitcoin halvening is approx 31 days and a few hours away. Its that event when the Bitcoin block rewards are cut into half or divided by 2, effectively reducing the speed, by which new BTC units are brought into circulation. Bitcoin's Quantitative Hardening vs Fiats Quantitative Easing (QE) On May…
Ultimate Resource On Bitcoin Cash #GotBitcoin
Bitcoin Cash Has Split Into Two New Blockchains, Again. Ultimate Resource On Bitcoin Cash #GotBitcoin [caption id="attachment_21811" align="aligncenter" width="600"] Roger Ver, One Of The Biggest Advocates Of Bitcoin Cash, Said Paypal Would Not Have Supported Bitcoin Cash If The Payment Giant Knew About The Network's "Contentious" Hard Forks.[/caption] The Bitcoin…
Ultimate Resource For Open Interest In Bitcoin Options, Futures And Institutional Demand
Open interest in bitcoin futures listed on the Chicago Mercantile Exchange (CME) has recovered significantly from the March lows, indicating a resurgence in institutions that want to buy the cryptocurrency. Ultimate Resource For Open Interest In Bitcoin Options And Futures And Institutional Demand As of Wednesday, open interest, or the…
Square’s Users Can Route Stimulus Payments To BTC-Friendly Cash App
Square’s Cash App is allowing U.S. citizens and residents who don’t usually file a tax return to direct forthcoming government stimulus payments to the mobile payments application. Square's Users Can Route Stimulus Payments To BTC-Friendly Cash App The move comes after the company failed to convince the United States Treasury…
$1.1 Billion BTC Transaction For Only $0.68 Demonstrates Bitcoin’s Advantage Over Banks
When someone transferred 161,500 Bitcoin (BTC) on April 10 for a fee of only 0.00010019 BTC — approximately $0.68 — the crypto world took notice. $1.1 Billion BTC Transaction For Only $0.68 Demonstrates Bitcoin's Advantage Over Banks According to blockchain transaction details, the user moved approximately $1.1 billion dollars in…
FDIC Urging Against Bank Runs (#GotBitcoin?)
The Federal Deposit Insurance Corporation, or FDIC, recently posted a video urging the public not to rush to banks for cash withdrawals. Does this relate to crypto? FDIC Urging Against Bank Runs (#GotBitcoin?) “Your money is safe at the banks,” FDIC Chairman Jelena McWilliams said in a video posted on…
Bitcoin Could Become Like ‘Prison Cigarettes’ Amid Deepening Financial Crisis
In an interview with Cointelegraph, John Vaz, economist and academic at Monash University, asserts that the outlook for Bitcoin (BTC) and cryptocurrency is dependent on the response from governments to the current economic crisis. Bitcoin Could Become Like ‘Prison Cigarettes’ Amid Deepening Financial Crisis John also emphasizes the importance of…
Bitcoin Holds Value As US Debt Reaches An Unfathomable $24 Trillion
The national debt of the United States has crossed $24 trillion for the first time in history as Donald Trump’s presidency adds $4 trillion in four years. Bitcoin Holds Value As US Debt Reaches An Unfathomable $24 Trillion According to figures from online monitoring resource Trading Economics, the tally now…
How To Get Money (Crypto-currency) To People In An Emergency, Fast
The responses of governments to the coronavirus pandemic have been extraordinary. How To Get Money (Crypto-currency) To People In An Emergency, Fast Governments around the world have enacted emergency legislation to protect people from loss of income and keep businesses alive as far as possible. The U.S. government, for example,…
Bitcoin Miner Manufacturers Mark Down Prices Ahead of Halving
Bitcoin mining machines are on sale. Bitcoin Miner Manufacturers Mark Down Prices Ahead of Halving Last month’s crash in cryptocurrency prices has prompted manufacturers to sell inventories at a discount, in some cases as steep as 20 percent, over the past few weeks. Both the newest models and slightly older…