Bitcoin And Crypto-Currency
You’ve Become A Nation of Cheapskates (#GotBitcoin?)
Revolutionary tech brings amazing prices—but something feels wrong. You've Become A Nation of Cheapskates From New York to San Francisco, lunch prices are starting to get ridiculous. Most days you cruise past $13 salads and $14 ramen before landing at a Chick Fil-a or Chipotle. For example, there’s a company called…
Europe Goes Harder on Money Laundering With Record ING Fine (#GotBitcoin?)
Banks world-wide are under pressure to clamp down on the trillions of dollars illegally flowing through the global financial system. Europe Goes Harder on Money Laundering With Record ING Fine Banking group ING Groep has agreed to pay a record European fine of €775 million ($899.8 million) to settle an investigation…
HyperBitcoinization: How Currency Crises Are Driving Nations To Crypto (#GotBitcoin?)
Venezuela, Turkey, Iran and Zimbabwe: these countries are all facing ongoing economic crises. They’re suffering from high levels of inflation, and as a result the people living within them are increasingly turning to crypto as a store of value and a means of exchange. Their recent troubles have heightened the…
Retail Technology Provider Narvar Targeting The Costly Returns Process
Investment will back development of e-commerce software as retailers look to improve consumer online experience. Retail Technology Provider Narvar Targeting The Costly Returns Process Retail technology provider Narvar has raised $30 million in new funding to back what the company says will be aggressive expansion of a business that supports e-commerce…
Four Things That I Like About The Current State of Bitcoin (#GotBitcoin?)
(1.) Bitcoin Dominance Rate Hits 50% For First Time in 2018 Bitcoin (BTC) now makes up 50 percent of the entire cryptocurrency market capitalization. Four Things That I Like About The Current State of Bitcoin Shortly past 03:00 UTC on August 11, CoinMarketCap's bitcoin dominance rate – an indicator that tracks…
The Weaponization of Bitcoin And Global Finance (#GotBitcoin)
U.S. tariffs intensify pressure on the Turkish lira, raising prospect of an open-ended cycle of protectionism and devaluation. The Weaponization of Bitcoin And Global Finance (#GotBitcoin) Trade wars may be morphing into something more dangerous: financial wars. [embed]https://www.youtube.com/watch?v=OezyA5nlYUU&list=PLU1KxUVqGmaODEQCI9MdGYHnEzXq52vm_[/embed] [embed]https://www.youtube.com/watch?v=D6s_MjAHYdI&list=PLU1KxUVqGmaMOBKvfbGX9F3irFwJsBDWi[/embed] With Turkey facing a currency crisis, President Trump last week poured…
Cryptocurrency Market Plumbs New Depths in 2018 (#GotBitcoin)
At $191 billion, the total market value of cryptocurrencies world-wide is at its lowest since November. Cryptocurrency Market Plumbs New Depths in 2018 A broad investor retreat has pushed the market for digital currencies down 70% from its January high, reflecting user frustration over their modest inroads into commerce and a…
Kevin Durant, Will Smith And Erikan Obotetukudo Form Cryptocurrency (And Fiat) Venture Fund For Black Investors (#GotBitcoin)
Silicon Valley stalwart Andreessen Horowitz launches new fund in an effort to boost diversity in tech. Kevin Durant, Will Smith And Erikan Obotetukudo Form Cryptocurrency (And Fiat) Venture Fund For Black Investors (#GotBitcoin) Silicon Valley stalwart Andreessen Horowitz is launching a novel effort to boost diversity in tech: an exclusive…
The Man Who Solved Bitcoin’s Most Notorious Heist (#GotBitcoin?)
Rampant thefts are taking the shine off cryptocurrencies. After the Mt. Gox debacle, Kim Nilsson decided to fight back. The Man Who Solved Bitcoin’s Most Notorious Heist Kim Nilsson was seething. It was 2014, and the software engineer discovered someone had disabled access to his bitcoins. A crime had apparently been…
US Treasury Plans Increased Auctions To Fund Looming Trillion-Dollar Deficits
The department introduced a new two-month Treasury bill and will consider an additional auction of inflation-protected securities. US Treasury Plans Increased Auctions To Fund Looming Trillion-Dollar Deficits The U.S. Treasury Department will step up auctions of U.S. debt by an additional $30 billion over the next three months and introduced…
Credit Card Usage Declines, Bitcoin Payment Systems Rise
More than half of U.S. consumers are aware of technologies that would allow them to make payments via apps. Credit Card Usage Declines As Bitcoin & Digital Payment Systems Reach Mass Adoption An evolution is under way in the global payment system. Advances in mobile phones and internet technology are giving…
What Is BitCoin And How Does It Work?
Bitcoin: Understated Benefits And Overstated Risks. What Is BitCoin And How Does It Work? "As A Geek, I Embrace Bitcoin Because Of Its Elegance. As A Libertarian, I Like Bitcoin For Its Privacy And Decentralization. As A Merchant I Embrace Bitcoin For Its Freedom. I Am Free To Sell Products…