The Greatest Danger to Bitcoin
While the U.S. government and other governments around the world certainly have Bitcoin in their sights, one of the greatest dangers to the success of that digital currency will be from some of its...
View ArticleNew York Fed Warns of Dangers of Paper Money
The New York Fed’s “Liberty Street Economics” blog recently posted an interesting short history of the French assignat, a paper currency issued by the French Revolutionary government that quickly...
View ArticleHere’s the Mobile Payment
The Atlanta Fed wants to know: “Where’s the Mobile Payment?” Well, as anyone who has ever used Bitcoin can tell you, mobile payment is one of Bitcoin’s strengths. Take, for example, the case of...
View ArticleNo Bank Account For You!
Via Coindesk comes news of a Bitcoin ATM operator forced to close their business because they were unable to find a bank that would provide them with an account. This is a real danger to the...
View ArticleThe Perfect Banking System
The perfect banking system, like the perfect monetary system, is one which serves the needs of consumers and savers, and not the needs of the government. It is a system in which entrants are free to...
View ArticleBoston Fed Takes On Bitcoin
The Federal Reserve Bank of Boston is the latest Fed entity to take on Bitcoin, publishing a recent study in which the authors stated that: “This policy brief discusses how some features of bitcoin...
View ArticleAlways Looking Out For the Little Guy
From Coindesk comes news that MasterCard has spoken out against the risks of Bitcoin and the need for all players in the financial industry to be subject to the same set of regulations. While one can...
View ArticleDispatches From the War on Cash
It appears that the French government is taking Rahm Emanuel’s advice and not letting a good crisis go to waste. Using the Charlie Hebdo attacks as a pretext, the French government wants to urge the...
View ArticleBanks Expanding into Peer-to-Peer Lending
The Financial Times reports about the expansion of banks such as Société Générale and Goldman Sachs into peer-to-peer lending systems that were originally intended to get around the banking system. But...
View ArticleHow Reliant Is Bitcoin on China?
According to recent reports, 80 percent of Bitcoin’s volume is due to Chinese yuan transactions. That is a huge amount, and likely due to the continued restrictions the Chinese government places on the...
View ArticleThrowback Thursday: Cody Wilson Interview
In case you didn’t see this a few weeks ago, here is an interview that Cointelegraph did with Cody Wilson, the founder of Defense Distributed and a prominent supporter of Bitcoin. The most important...
View ArticleBad News for Bitcoin
Recent news of a patent application filed by Bank of America for a cryptocurrency wire system could be bad news for Bitcoin and other cryptocurrencies. Reading through the application, it isn’t really...
View ArticleParis Reaction: EU to Crack Down on Bitcoin?
In what appears to be a knee-jerk reaction to last week’s Paris terrorist attacks, the European Union is planning to crack down on Bitcoin and anonymous payments. Never mind that nothing has been...
View ArticleCentral Banks To Issue Digital Currencies?
Cryptocurrency Mining Farm Central bankers may have driven numerous economies into ruin. They may continue to drive up the cost of living and contribute to economic inequality. But rest assured, they...
View ArticleThe Future of Banking: The Dangers of Electronic Currency
Image: FamZoo Staff We live in a world in which more and more things happen electronically. It is now possible to buy all your clothes online, all your books, all your food, and have them all delivered...
View ArticlePatrick Byrne and the Blockchain
The Cato Institute yesterday held a cryptocurrency conference whose keynote speaker was Patrick Byrne, the CEO of Overstock.com. His speech came in the wake of his announcement that he is stepping down...
View ArticleFormer Bitcoin Opponent Turns Bitcoin Advocate
Benjamin Lawsky, the former head of the New York State Department of Financial Services and the man responsible for the implementation of the draconian New York BitLicense regulations, has begun to...
View ArticleBitcoin Once Again Facing Scrutiny
Despite never having been linked to a single incident of terrorism, Bitcoin is once facing increased scrutiny from European politicians. The European Commission is set to update its anti-money...
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