2020-7-22 00:20 |
Although Bitcoin holders often describe the asset as a store of value, gold advocate Peter Schiff said such participants do not actually seek wealth storage, hunting instead for profit. origin »
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The approval of the bitcoin and Ethereum ETFs could represent a similar change in market to what central banks caused in gold markets post-2022 – a new factor that, at least temporarily, overwhelms traditional narratives, including the “store of value” concept.
2024-9-6 18:00 | |
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“Stablecoins can be pegged to some generally recognized instrument, for example, gold, the value of which is clear and appreciable for all parties involved," said Alexey Moiseev.
2022-9-7 21:32 | |
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Michael Saylor, Chief Executive Officer of MicroStrategy, said in an interview with CoinDesk yesterday that holding gold is an archaic way of storing value. Saylor adds that Bitcoin leads all other kinds of assets, even going as far as to say that it is a “million times better” than gold as a store of value.
2020-11-12 00:00 | |
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With the US dollar facing headwinds, notably the coronavirus pandemic and an upcoming presidential election that could be among the most contentious in recent memory, gold has taken over as the preferred store of value for many investors.
2020-10-1 18:30 | |
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Gold is often touted by many as the planet’s best store of value. Those who believe this will often offer the explanation that it it is both finite and has a legitimate use case in the manufacturing of electronic products.
2018-12-27 21:30 | |
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Precious metals have been an integral part of the world economy for thousands of years. Gold, for instance, is still one of the most stable investments and has provided far better liquidity compared to other assets such as real estate.
2018-12-21 04:00 | |
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Messari CEO Defends “Digital Gold” Idea As Killer Use Case For Bitcoin The CEO of the crypto research group Messari, Ryan Selkis, has recently affirmed that Bitcoin has all the potential in the world to be known as the new “digital gold”.
2018-12-21 02:38 | |
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Bitcoin proponent and former Wall Street hedge fund manager Mike Novogratz remains optimistic despite the prolonged 2018 bear market. The investor holds that Bitcoin will become “digital gold” – a store of value in the same sense gold is.
2018-12-12 21:00 | |
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SFOX, an institutional crypto trading platform, recently released a comprehensive, data-packed analysis on the possible causes of the volatility in the cryptocurrency space over the month of November.
2018-12-10 20:07 | |
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The D1 Coin is a virtual currency built on the Ethereum blockchain. A fractional value of investment grade diamonds backs D1 Coins. With the value of the D1 Coin being a function of not just market forces but also the importance of natural diamonds, owners of D1 Coins benefit from enhanced downside protection as they can exchange their D1 Coins for investment grade diamonds at any time.
2018-12-8 10:10 | |
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It has become more than apparent government officials will continue to crack down on darknet activity. In this day and age of growing online crime, that is far from an unnecessary luxury. In Australia, various shipments of drugs making their way to the Gold Coast have been intercepted.
2018-12-5 06:18 | |
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Today, November 26, 2018, marks the launch of the Foundation for Interwallet Operability (FIO) and the FIO Protocol, an interwallet protocol that seeks to make the transfer of cryptos between wallets as simple and straightforward as making transfers on PayPal.
2018-11-27 02:52 | |
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As Bitcoin continues to languish below $5,000 and the general market in a far worse state, many experts in… The post Blockstream CEO Believes in Long-Term Value of Bitcoin, Says BTC Could Be $500k When Bitcoin “Flips” Gold appeared first on Invest In Blockchain.
2018-11-22 14:30 | |
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Bitcoin gold is one of the worst performers in the top twenty over the past 24 hours with the exception of Bitcoin Cash. The cryptocurrency which is currently ranked twentieth in terms of the market cap had been holding its value surprisingly well in the middle of extremely bearish market conditions.
2018-11-20 18:59 | |
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Bitcoin Gold [BTG], the twentieth ranked cryptocurrency by market cap, has been holding value better than all other top 20 cryptocurrencies over the past 24 hours with the exception of the stablecoin USD Tether.
2018-11-20 20:34 | |
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Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world.
2018-11-17 01:42 | |
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In the latter half of 2018, few developments have occupied crypto investors’ headspaces like the industry’s indefatigable pursuit of a bitcoin exchange traded fund (ETF).
2018-11-9 20:03 | |
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As Bitcoin approaches its 10th anniversary, its community, old and new, has begun taking stock of how a decade has come to alter or define the cryptocurrency — and what Bitcoin has done to alter or define the decade.
2018-11-7 19:56 | |
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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 | |
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Digix’s gold-backed digital token has been added to crypto custodian BitGo as demand increases for cryptocurrency to be pegged to the value of gold. Announced today, DGX has been added to BitGo’s Digital Currency Support with Enterprise Access.
2018-10-30 02:55 | |
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Our first blockchain conference is fast approaching, so what better time to take a moment to delve into one the more controversial aspects plaguing the cryptocurrency industry: stablecoins. Stablecoins are a special kind of digital asset.
2018-10-26 15:51 | |
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In 2017, when the price of Bitcoin reached parity with gold (by the ounce), cryptocurrency grabbed the attention of gold investors around the world for the first time. The parity, however, was short-lived, as Bitcoin has drastically dropped in value since.
2018-10-24 19:00 | |
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Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.
2018-10-24 19:38 | |
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Anyone who knows anything about cryptocurrency will tell you that it is extremely volatile in value. You do not have to be an expert or even really involved in the space to see that the prices have been on a rollercoaster ride from the start.
2018-10-18 14:42 | |
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Today has been a bleak day for Bitcoin. The price looked like it was holding steady at the $6,500 mark but now it has dropped 5% which has dragged everything else down with it, including Ethereum, XRP, Cardano, Stellar and more.
2018-10-11 15:30 | |
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The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves.
2018-10-10 23:38 | |
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Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December.
2018-10-10 22:30 | |
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Gold has been an object of intrigue, fascination and interest for human kind for many a thousand years. It has been the coveted metal of choice for both ornamental value as well as for investments.
2018-10-8 19:39 | |
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Currency is a universal representation of trust created by humans. So much so that we don’t even ask why two pieces of paper with green, gold, and black ink is accepted as a medium of exchange for goods and services.
2018-10-6 21:30 | |
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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 | |
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Cryptocurrency enthusiasts believe that Bitcoin has the potential to replace gold as a store of value. However, according to analyst Kristoffer Inton from the independent investment research firm, Morningstar, Bitcoin and other cryptos will never come close to replacing gold.
2018-10-2 04:29 | |
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Analysts from investments ratings firm Morningstar have stated that Bitcoin and other cryptocurrencies will never be a threat to gold as a store of value. Bitcoin Outperforms Gold on Almost All Fronts Many in the cryptocurrency space believe that digital assets could represent the ultimate store of value.
2018-10-2 01:00 | |
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Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.
2018-9-29 01:06 | |
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Bitcoin has been brilliant material for comedians all over the world. Since its explosion into the mainstream media we have seen some exceptional social commentary, satirical sketches, and rap videos simultaneously explaining and mocking the rise of Bitcoin.
2018-9-25 15:15 | |
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Whoever Satoshi Nakamoto is, he/she might be deserving of the Nobel Prize in economics for inventing Bitcoin (BTC), the nascent digital coin that is currently rescuing crypto-adopting Venezuelans from the abyss.
2018-9-22 00:00 | |
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CEO of Bitcoin.com, Roger Ver spoke about the growth and adoption of Bitcoin Cash [BCH] in South Korea, during an interview with South Korea’s SBS CNBC this Tuesday. He discussed the global concerns surrounding the cryptocurrency market as evidenced by the recent statement made by Jerome Powell, the Federal Reserve Board Chairman. Roger stated that […]
2018-9-21 11:47 | |
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Earlier this month, three stablecoins (Gemini, Paxos and Carbon) that are pegged 1:1 to the U. S. dollar launched with regulatory approval. But many investors don’t like the dollar’s inflationary features and some undoubtedly prefer value stored in precious metals.
2018-9-21 00:00 | |
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Bitcoin is in the news, and we’ve all seen the stories about early investors who’ve made millions and driven away in new lambos. So it’s only natural that people who haven’t invested already are wondering if they should.
2018-9-21 19:18 | |
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Even if ethereum succeeds as a smart contracts platform, its cryptocurrency might still fail as a long-term store of value, writes Michael J. Casey.
2018-9-17 06:50 | |
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The launch of stablecoins is viewed as a palliative measure to decrease the impact of the recent crisis with Bitcoin, some have even described it as ETFs replacement for a short time. However, Barry Eichengreen, a professor of Economics UC Berkeley has said that stablecoins are not the way to fix the problem.
2018-9-12 13:30 | |
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Applications of Blockchain in Banking Throughout history, elements of transactions such as gold and silver have emerged to facilitate the exchange of value and protect buyers and sellers in making a successful transaction.
2018-9-10 08:25 | |
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“Uncanny Pattern Resemblance” Since Bitcoin’s inception a decade ago, many have likened this decentralized digital asset to gold, with some dubbing Satoshi’s brainchild as a form of “digital gold.
2018-9-9 02:40 | |
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Bitcoin is digital gold for a digital generation. Libertarian proponents of cryptocurrencies, like America’s Founding Fathers before them, argue that fiat currencies are nothing but Monopoly paper: Why does fiat cash have value when it’s not backed by any real asset, such as gold or silver? In 1786, Thomas Paine wrote: “Gold and silver are the emissions of nature: paper is the emission of art.
2018-9-3 16:00 | |
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Coinolix is developing a multifunctional cryptocurrency exchange ecosystem by combining a robust exchange platform and a decentralized blockchain protocol in which digital tokens are pegged to one US Dollar and backed by asset reserve as gold by Coinolix Exchange Limited to provide a decentralized method of exchanging value through our Fiat pegged Coinamia coin.
2018-8-30 16:33 | |
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A partner and co-founder of Crypto Oracle boldly claims that owing to certain qualities Bitcoin has all the chances to replace a historic alternative asset in the long-term perspective. The post Bitcoin Will Dethrone Gold as the Global Store of Value, Says CryptoOracle’s Lou Kerner appeared first on CoinSpeaker.
2018-8-24 21:38 | |
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What follows is an open letter from Jimmy Zhong, co-founder and CEO of IOST, to his team members and shared with Bitcoin Magazine with permission. Recently, I’ve been thinking about an ultimate way of safely storing value — gold, Bitcoin, real estate and power all came to mind.
2018-8-23 22:20 | |
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As the old maxim asserts: those who made the most money in the gold rush were those who sold shovels. With our own digital gold rush in a downturn, however, the shovels aren’t selling so well, as mining companies themselves are struggling to move hardware because miners are struggling to turn a profit.
2018-8-22 22:53 | |
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US economist Paul Krugman appeared to soften his stance on Bitcoin last week in a surprise twist, saying he believes the cryptocurrency “has more utility than gold. ” Krugman: Bitcoin ‘Has Some Chance To Be Valuable’ Speaking at the ChainXChange conference in Las Vegas, which ran August 13 – 15, Krugman, who had previously made a name for himself as a Bitcoin skeptic, even forecast a future in which Bitcoin has “value” as an entity.
2018-8-21 01:00 | |
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“Some Gold Users Will Likely Switch To Bitcoin” Gold is one of the most valuable metals on Earth, with humans finding value in such an element for thousands of years. Over the course of gold’s history, it became a great way for individuals and groups to store value across a variety of settings, countries, and […] The post CryptoOracle Co-Founder: Bitcoin Is Functionally Better Than Gold appeared first on Ethereum World News.
2018-8-19 02:23 | |
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A renowned economist disagrees with Bitcoin supporters who claim that cryptocurrency could someday solve the national debt of the United States. Related Reading: Energy Crisis In Iran — Is Bitcoin Mining To Blame? Economist Peter Schiff expressed his skepticism on the bold declaration of what he called “Bitcoin pumpers” that 1 million BTC can settle […]
A financial commentator warned that Bitcoin could potentially weaken the US dollar if the government would intervene in the cryptocurrency. Economist Peter Schiff believes that if the American government decided to adopt the firstborn crypto, it would have an adverse effect on the greenback by inflating the money supply.
Popular Bitcoin critic Peter Schiff dismisses claims of growing institutional interest in the maiden cryptocurrency. Schiff’s challenging statement comes following the recent Bitcoin market sell-off which resulted in a 10% price decline on Friday.
Bitcoin price was trading lower on Thursday as a negative sentiment in the crypto industry continued while the German government dumped more tokens. The BTC token dropped to a low of $59,918, its lowest point since May 1st. It has…
Bitcoin’s post-halving consolidation has prompted cynical rhetoric from popular crypto naysayer Peter Schiff.
The recent Bitcoin halving event, meant to slow down the creation of new coins, has ignited a fresh debate within the cryptocurrency community. Economist Peter Schiff threw gasoline on the fire by criticizing Bitcoin’s viability as a currency due to rising transaction fees and sluggish processing times.
Popular economist and vocal opponent of Bitcoin Peter Schiff has issued a warning to the cryptocurrency community, predicting that BTC Spot Exchange-Traded Funds (ETFs) buyers will soon start bailing out as they become overwhelmed by the volatility in the market.