Bitcoin: Trump’s unconventional plan to erase $35t debt

2024-8-4 22:55

Former President Donald Trump suggested using Bitcoin to eliminate the United States’ $35 trillion national debt. The U.S. national debt continues to rise, and the Republican presidential nominee has a bold idea to address the issue: Giving Bitcoin (BTC) to…

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Источник: btcmanager.com

debt bitcoin → Результатов: 126

Bitcoin Climbs Over $27k as Biden, McCarthy Reach Debt Ceiling Deal in Principle

Following news of the U.S. debt ceiling agreement, Bitcoin rose above $27,000 as the broader crypto market made a recovery. The post Bitcoin Climbs Over $27k as Biden, McCarthy Reach Debt Ceiling Deal in Principle appeared first on BeInCrypto.

2023-5-29 13:55	regulation news
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Bitcoin Helps Poor Countries Survive When Government Bonds Are Worthless

What is so important about the gross domestic product to debt ratio and how can bitcoin help the poorest countries avoid another debt crisis?

2022-8-11 10:00
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Bitcoin Becoming the Better Option as U.S. National Debt Hits $22.5 Trillion

Coinspeaker Bitcoin Becoming the Better Option as U. S. National Debt Hits $22. 5 TrillionNeed convincing reasons to purchase Bitcoin? President Trump signed a financial agreement that increases the US national debt by about $22.

2019-8-21 16:50
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Why Bitcoin Matters: Negative Yielding Debt Balloons to $13.5 Trillion

If you told economists twenty years ago about Bitcoin (BTC) and negative-yielding debt, they would be shocked. In the 1990s or even the 2000s, decentralized digital money and a bond that made your money disappear with time would have seemed abstract — quite abstract.

2019-7-25 14:00
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Bitcoin Price Set for Breathtaking Moonshot on the Back of Rising U.S. Debt, Says ShapeShift CEO Erik Voorhees

Erik Voorhees believes the price of Bitcoin will increase on the back of skyrocketing U. S. debt. The Chief Executive Officer of ShapeShift – a Swiss-based cryptocurrency exchange platform, believes that with rising debt profile, investors will have no choice but to invest in virtual currencies leading to the inevitable rise in the price of Bitcoin.

2018-11-12 18:23
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Bitcoin Mining May Trigger the End of Paraguay’s Economic and Debt Crisis

Paraguay’s hydroelectric powered-towns, long associated as dugouts for drug cartels, smuggling, and ammunition rackets, are now home to miners connected in a sophisticated network circuitry to mine cryptocurrencies for their owners.

2018-11-12 16:00
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ShapeShift CEO Expects Next Bitcoin Boom to be Result of Growing $21 Trillion US Debt Crisis

Erik Voorhees, the current CEO of ShapeShift, recently posted to Twitter about the unfortunate debt that the US continues to grow right now. Presently, it has already reached $21. 7 trillion, which is terrible news for the US economy.

2018-11-11 20:57	News
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive

As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.

2018-11-1 23:35	Op-ed
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A Week of Satoshi Pt.1: The Cultural and Economic Birthplace of Bitcoin

Modern man and woman are fundamentally tied to the standards, barriers, and incentives set out by most economic models. Paying a mortgage, student debt, and income taxes all contribute to the humanness of contemporary times.

2018-10-30 21:00	Bitcoin
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Bitfury Could Be The Next Bitcoin Mining Company to IPO: Report

Bitfury, one of the largest non-Chinese cryptocurrency mining companies, is reportedly eyeing an Initial Public Offering (IPO) to become the very first major public listing within the cryptocurrency industry on the old continent.

2018-10-26 15:00	ipo
bitfury mining cryptocurrency ipo public company offering

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An in Debt Look at Bitcoin Lending

As the world of bitcoin lending continues to expand, it's in your best interests to understand the different types of platforms that exist. Here they are. The post An in Debt Look at Bitcoin Lending appeared first on CoinCentral.

2018-10-25 17:37	Bitcoin
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Cryptocurrency Mining Provider GigaWatt Faces Millions of Dollars in Debt

GigaWatt, one of Central Washington’s largest companies in the cryptocurrency sector is, unfortunately, facing millions of dollars in debt as cryptocurrency prices fall. According to the Oregonian Times, Giga-Watt’s once upward trajectory is facing a sharp decline as the company explores every legitimate stream of revenue to remain in business.

2018-10-23 19:00	News
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Central Washington’s Bitcoin Pioneer Giga Watt Loses Its Spark

Giga Watt, the golden child of Washington’s Bitcoin boom, is going through the most troublesome time since its existence. While investors remain dissatisfied and angry, the venture itself is struggling with massive debt.

2018-10-22 20:44	Mining
watt giga bitcoin washington central spark loses

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BlockFi Now Offers Litecoin and Gemini Stablecoin-Backed Loan Options

Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether.

2018-10-16 16:07	Digital assets
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$50,000 Bitcoin ATM Scam Surfaces in Australia

In Melbourne’s West, scammers posing as debt collectors conned victims to deposit over $50,000 into a Bitcoin ATM. According to The Sydney Morning Herald’s article published on October 5, 2018, the four victims who were believed to be migrants, were threatened with an arrest if they failed to pay the total amount.

2018-10-7 10:00	Scam
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Fraudsters Steal $50,000 in BTC from Melbourne Bitcoin ATM

Fraudsters posing as debt collectors convinced four victims to deposit over $50,000 into a Bitcoin ATM in Australia’s southern county of Victoria, reported Sydney Morning Herald on Oct.5. Police authorities stated that all victims were migrants and were bullied into paying up a hefty amount into the ATM, with the attackers warning of severe legal […] The post Fraudsters Steal $50,000 in BTC from Melbourne Bitcoin ATM appeared first on CryptoSlate.

2018-10-6 16:00	Australia
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$50,000 Lost to Bitcoin ATM Scam in Australia

Scammers conned $50,000 out of regular Australians using a blatantly obvious fake tax debt fraud. Multiple victims have been lured into paying off non-existent debt through Bitcoin ATMs. A Time-Tested Scam Scammers have managed to con upwards of $50,000 from Australian citizens, luring them in to pay off a non-existent debt in a classic fraud.

2018-10-6 08:00
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Irresponsible Borrowing Leaves Africa on Brink of Debt Crisis – Again

Irresponsible government borrowing has caused debt in many African countries to reach crisis level. Over the past 10 years, more than $80 billion in bonds have been issued to thirsty European investors by governments in Africa south of the Sahara, with public debt now making up about half of GDP.

2018-10-6 06:15	Zimbabwe
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Thieves use Bitcoin ATMs to scam Australian immigrants out of $50,000

Being in a new country can be confusing and scary at times. Australian crooks are taking advantage of this and are using Bitcoin ATMs to scam newly-arrived migrants out of their life savings. It seems the crooks managed to scam more than $35,000 USD ($50,000 AUD) out of four Australian immigrants by telling them they needed to pay a tax debt.

2018-10-5 15:11	hard fork
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem

Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.

2018-10-3 19:05	Digital assets
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World Bank Launches Its First Global Blockchain Bond Called Bond-i

The World Bank launched late August a fully blockchain-operated debt instrument called bond-i. According to an official press release, bond-i is the first bond to be fully launched operated, allocated and managed using blockchain technology.

2018-9-11 17:29	blockchain
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U.S. SEC Suspends Trading for Two Swedish-Based Crypto ETNs

Two securities, one that tracks bitcoin and another that tracks the cryptocurrency ether, have been temporarily halted by a U. S. regulatory watchdog due to investor confusion.

2018-9-11 22:01	Regulation
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Naples Mayor Believes Issuing Own Municipal Crypto Is Key to Financial Autonomy

Naples could be joining a short but still growing list of places that view cryptocurrency as a possible solution to its financial woes. That is if outspoken City Mayor Luigi de Magistris gets his way as he believes that issuing their own municipal cryptocurrency is the way to regain autonomy, break free from unfair debt […] Naples Mayor Believes Issuing Own Municipal Crypto Is Key to Financial Autonomy was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-9-7 18:59	Cryptocurrency
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World Bank and Australia's Largest Bank Issue First Global Blockchain Bond

The World Bank and Australia's largest bank, the Commonwealth Bank of Australia, have issued a public bond exclusively through the blockchain. The $100 million AUD ($73.

2018-8-25 23:16	Investing
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Cryptocurrency Boom Leaves new Investors with Six-Figure Debt

With the total market capitalization of cryptocurrencies reaching beyond $800 billion at the start of 2018, it’s no wonder that thousands of people have thrown almost their entire life savings into bitcoin and other cryptocurrencies.

2018-8-21 22:00	Investing
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‘Buy Crypto’: Kim Dotcom Warns Of Looming US Dollar Implosion

Entrepreneur and MegaUpload creator Kim Dotcom has repeated his belief in Bitcoin over fiat currency, telling fans directly to “buy cryptocurrency. ” Dotcom: Crash ‘Is Coming 100 Percent’ In a series of tweets August 12, Dotcom, whose Bitcache project incorporates a Bitcoin wallet, warned over US national debt and the need to avoid the dollar.

2018-8-15 08:00	US dollar
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USD Will Turn To Toilet Paper, Invest In Crypto Says Internet Magnate

Debt. That’s what internet superstar Kim Dotcom believes will bring down the US Dollar. With an alleged $1 trillion added to the US government’s deficit each year, he might not be far wrong either.

2018-8-13 15:00	Cryptocoins
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Bitcoin is ‘Not an Investment … It’s a Trade,’ Says Billionaire Howard Marks

Howard Marks, co-founder and co-chairman of Los Angeles-based distressed debt investor Oaktree Capital Management, slammed Bitcoin for not having any substance — while saying investors are merely speculating on its price without being able to judge its intrinsic value.

2018-7-21 08:00
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Code Is Speech: Amir Taaki on Crypto's Debt to Phil Zimmerman

Fresh from meeting legendary cryptographer Phil Zimmermann, hacktivist and early bitcoin adopter Amir Taaki reflects on the PGP inventor's legacy.

2018-7-12 11:00
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FCA Chooses Blockchain Companies for Fourth Cohort of Regulatory Sandbox

The Financial Conduct Authority (FCA), responsible for conduct and relevant prudential regulation of financial services firms and financial markets in the U. K. , has announced the details of the firms selected to be part of cohort 4 of its regulatory sandbox, according to an FCA post.

2018-7-5 01:04	Startups
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Lloyd Blankfein: Trade Wars, Debt And Bitcoin

An interview with the CEO of Goldman Sachs, Lloyd Blankfein. In this interview, Lloyd discusses the current trade war and gives his view on the action taken. Lloyd also talks about the debt market, financial crisis and Bitcoin.

2018-7-3 03:18	News
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Op Ed: I Think, Therefore I Bitcoin: The Case for Bitcoin

A key aspect of modern society is its trust in reliable government and monetary systems. Government and central banks have been the guardians of the financial system.

2018-6-14 19:35	Op-ed
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Crypto Head honchos Fight Over Affirmed 30,000 Bitcoin Debt

Chen Weixing made a number of accusations in a WeChat post on June 9, taking aim at Li Xiaolai, a successful Chinese cryptocurrency investor and an early bitcoin evangelist in the country. The reason, Chen alleged, was that Li had spent all the raised bitcoins on Just-Dice, a bitcoin gambling site. Having offered no proof to

2018-6-14 19:09	WeChat
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Crypto Tycoons Spar Over Alleged 30,000 Bitcoin Debt

Li Xiaolai, a noted Chinese bitcoin investor, has said he may take legal action against another Chinese entrepreneur over claims about a bitcoin fund.

2018-6-14 15:05
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VanEck officially supports Bitcoin’s strategic reserve

VanEck’s head of digital asset research, Matthew Sigel, officially announced that the asset management firm advocates the concept of Bitcoin’s strategic reserve. Donald Trump’s plan to make Bitcoin the most valuable asset in the nation is gaining support from the…

Donald Trump’s Media Group Is Close To Buying Beleaguered Crypto Exchange Bakkt

Bakkt, the once-promising darling of traditional finance entering the crypto space, could soon be owned by pro-crypto president-elect Donald Trump.

President-Elect Trump To Reportedly Discuss Cabinet Appointments Privately With Coinbase CEO

This marks the first meeting between Trump and Armstrong since the former president’s re-election on Nov. 6, signaling his evolving crypto stance.

Trump Media eyes Bakkt deal amid crypto expansion: report

Trump Media is looking to acquire Bakkt’s crypto trading business amid plans of expanding into the crypto market. Reports says Bakkt’s custody unit is not part of the advanced talks. Donald Trump’s crypto footprint would grow with this deal, given the US president-elect’s recent launch of World Liberty Financial.

Donald Trump to meet Armstrong amid Bakkt buy talks

Donald Trump's bid to keep crypto promises seemed set to include discourse with the leader of America's largest crypto exchange and a take-over of a digital asset trading venue called Bakkt.

What Does Trump's Win Mean for Crypto?

Donald Trump and the Republican Party at large had a strong 2024 election, winning the presidency, Senate and House. This almost certainly guarantees crypto legislation will advance and become law sometime in the next two years.

Pro-bitcoin Matt Gaetz nominated as U.S. Attorney General

Matt Gaetz, a Florida Representatives and American lawyer, has been nominated as Attorney General by President-elect Donald Trump. Gaetz was assigned due to his educational and career experience in law.

2024-8-4 22:55

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