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Guffawli Rages On With Its Innovative Take on Redefining the Crypto Industry
Blockchain technology is gaining popularity daily, and many people utilise its adaptability. What began as a substitute for fiat money has gained worldwide recognition as it is being used in various sectors for payments. дальше »
2022-9-7 11:48 | |
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Bitcoin is More of a Gold Substitute than the Dollar, Fed Chair Powell Says
The Chair of the US Federal Reserve argues that while Bitcoin (BTC) is too volatile to be considered money and is “backed by nothing,” it could be a substitute for gold. He also recently made a statement on Bitcoin, which has affected the asset’s price seeing it drop by $1,000. Powell’s View on Cryptocurrencies InRead More дальше »
2021-3-24 16:30 | |
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Bitfinex, Attorney General Legal Sparring Continues With New Court Filings
Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend. дальше »
2019-5-7 01:42 | |
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That Apple-Goldman Sachs Credit Card is a Poor Substitute for a Secure Bitcoin Wallet
The security design of bitcoin transactions already made the new Goldman Sachs and Apple credit card obsolete before it even came out. Tripp Mickle, Liz Hoffman, and Peter Rudegeair reported for the Wall Street Journal Thursday: “Apple Inc. дальше »
2019-2-22 23:05 | |
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Chilean Central Bank: Cryptocurrencies Are Unable to Substitute Fiat Money
Central Bank of Chile states cryptocurrencies will not substitute fiat money unless they get a comprehensible legal framework
дальше »2019-2-13 01:30 | |
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Op Ed: From Gray To Black and White: Traditional Regulations Come to Crypto
For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront. дальше »
2018-12-3 19:20 | |
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Cryptos Are a Ponzi Scheme and an Environmental Disaster: BIS General Manager
The Bank for International Settlements is not a fan of cryptocurrencies, and it hasn’t shied away from expressing its view. Having released a scathing report on why cryptos are a poor substitute for the institutional backing of money less than two weeks ago, the bank’s general manager was at it again, this time calling cryptos […] дальше »
2018-7-7 23:00 | |
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Bank for International Settlements: Cryptocurrencies Beyond the Hype
The Bank for International Settlements (BIS) dedicated a full chapter to cryptocurrencies in its 2018 Annual Economic report prerelease. The report concluded that design flaws and cumbersome cost of establishing decentralized trust make cryptocurrencies fail as a viable money substitute. дальше »
2018-6-22 21:43 | |
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A Critical Review: The BIS’ Analysis on Crypto as Money.
Cryptocurrency is a poor substitute for fiat money, claims the Bank of International Settlements in a chapter of its annual report, released on June 17. The sender is the message Before delving into the substance of the claim, a brief review of where it comes from is instrumental. The Bank of International Settlements is an дальше »
2018-6-21 16:38 | |
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The BIS’ Report on Crypto as Money: A Critical Review
The Bank of International Settlements doesn’t think that crypto can substitute money. Is their criticism justified?
дальше »2018-6-21 13:24 | |
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