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‘Extinguishing Capacity’: Bitcoin Could Swallow All M1 Fiat At $223K Per Coin

$223,186 is the price Bitcoin would need to be in order to convert the entire world supply of fiat currency, industry figures calculated July 2. M1 Fiat Could Go At Less Than $250k Part of an ongoing debate on social media, Blockstream CEO Adam Back and CSO Samson Mow joined Bitcoin Think editor Beautyon in discussing the phenomenon of ‘hyperbitcoinization’ – the as yet untested process by which consumers abandon fiat en masse for Bitcoin. дальше »

2018-7-3 00:00


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U.K. Banks Warned to Be Careful With Cryptocurrencies

The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks. дальше »

2018-6-29 18:17


Fence Finance Sell-Offs ‘Could’ Misleadingly Low Bitcoin Costs, Predicts Blockchain vc

Blockchain venture capitalist Spencer Bogart forecast “artificial” Bitcoin price suppression June 25 as hedge funds near the end of their lock-up period. Speaking to CNBC, Bogart, who earlier this week claimed Bitcoin would be above $10,000 by the end of the year, warned over “forced selling” which would drive markets lower. I think that could дальше »

2018-6-26 20:58