Spending Bitcoin From Personal Wallet will be Illegal in the US, Wyoming Bill Criticized

2019-1-23 14:00

In an otherwise dark room, there is a glimmer of light for Bitcoin and cryptocurrency enthusiast. While Japan, Singapore and other ASEAN countries are leading the way, demonstrating to the world that indeed Bitcoin is just but another disruptive technology that governments as well as private institutions can leverage for efficiency as well as cost […] The post Spending Bitcoin From Personal Wallet will be Illegal in the US, Wyoming Bill Criticized appeared first on Ethereum World News.

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bitcoin criticized → Ðåçóëüòàòîâ: 49


Crypto Pundits Skeptical Of “Better Bitcoin” Plan From MIT, Stanford

Since Bitcoin began to pick up steam in 2016, the network, coupled with its core developers, has been criticized by cynics en-masse for its inability to scale. And while evident strides are being made, with solutions like the Lightning Network and Segregated Witness seeing rapid adoption, innovators have still sought to one-up the world’s first.

2019-1-18 16:06


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AMF Condemns Keplerk’s Plans to Sell Bitcoins via French Tobacco Shops

The nation’s financial regulators have criticized Keplerk, a France-based financial technology (fintech) company, the Autorite des Marches Financiers (AMF)  for allying with tobacco retailers in the country to enable them to sell bitcoin to clients through its bitcoin vouchers beginning from January 2019, according to a Finance Magnates report  on November 26, 2018.

2018-11-27 06:00


Target and Google Official Twitter Accounts Hacked, Used for Crypto Scams

In what is becoming an emerging trend, Twitter accounts of popular brands are being hacked in an attempt to scam unsuspecting users out of their cryptocurrencies. Target and Google are two high profile targets that have seen their accounts taken over by hackers who, in turn, have used them to scam followers by advertising fraudulent crypto giveaways.

2018-11-15 23:40


ShapeShift CEO Enters Bitcoin Battlefront, Calls Out Wall Street Journal’s “Crypto for Criminal Money” Story

Cryptocurencies are often criticized for many reasons. Some of them are valid and others are not, but in either case they can be infuriating for the people in the industry sometimes. Fury is probably the sentiment that has driven the CEO of ShapeShift, Erik Voorhees, to bash the Wall Street Journal for a recent publication […]

2018-10-2 02:47


Bitcoin is 300 Times Cheaper Than Wire Transfers, Banks Take 83% Profit

Since 2017, so-called “experts” in the finance sector have criticized Bitcoin for being too expensive. Yet, banks are pocketing 83 percent profit on every wire transfer. According to Bank of America’s official data, the $302 billion bank charges $30 for outbound domestic wire transfer and $35 for outbound international wire sent in foreign currency.

2018-9-19 16:00


Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.

2018-9-13 18:07


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Stern Professor Says Bitcoin Will Hit Zero After 70 Percent Drop, Illogical Argument

Nouriel Roubini, a Stern School professor and prominent economist, has criticized the major correction of Bitcoin and the rest of the crypto market, claiming that Bitcoin will drop to zero. Tales From Crypt-Apocalypse: Bitcoin has lost 70% from the peak; Ethereum 85%; other Top 10 crypto-currencies about 90%; the remaining crypto-zombie-currencies between 95% & 99% of […] The post Stern Professor Says Bitcoin Will Hit Zero After 70 Percent Drop, Illogical Argument appeared first on CryptoSlate.

2018-9-11 08:00


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CNBC Draws Flak For Upcoming “Bitcoin: Boom or Bust” Documentary

CNBC ‘Embraces’ Crypto With Fully-Fledged Documentary CNBC has quickly become near-infamous in the cryptocurrency community for its controversial coverage of this asset class. And while the mainstream media outlet’s coverage of crypto has been criticized time and time again, it seems that the firm’s higher-ups aren’t fazed, recently revealing that CNBC would be airing a […] The post CNBC Draws Flak For Upcoming “Bitcoin: Boom or Bust” Documentary appeared first on Ethereum World News.

2018-8-27 01:43


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Paul Krugman: Bitcoin Will “Set the Monetary System Back 300 Years”

Bitcoin (BTC)–Bitcoin is again in the headlines being criticized by a Nobel Prize winning economist. Paul Krugman, one of the most accoladed and celebrated economists of our time, has again written in his contribution to The New York Times that Bitcoin fails to constitute money, but could also be responsible for erasing much of the […] The post Paul Krugman: Bitcoin Will “Set the Monetary System Back 300 Years” appeared first on Ethereum World News.

2018-7-31 20:03


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Airbnb, Uber Investor Believes “Everybody Should Put Something Into Crypto”

Jeffrey Wernick, an independent investor who claims to have begun purchasing bitcoin as early as 2009, recently advocated that “everybody should put something into crypto. ” The investor also criticized the current financial system, describing cryptocurrency investment as sole viable means through which “a typical middle-class person [can] accumulate wealth.

2018-7-28 02:45


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Bitcoin Payments Processor BitPay Granted BitLicense

After being criticized by the bitcoin community for its overly draconian nature, it appears the New York authorities are now ready for serious business.  U. S. -based bitcoin payments processor BitPay has been granted the BitLicense, making it the eighth cryptocurrency related business to gain the New York Department of Financial Services (NYDFS) approval in three years.

2018-7-18 14:00


A deeper look into the role of Bitcoin [BTC] in the discovery of election manipulation by Russia

OPINION: Ever since its entry into the mainstream, Bitcoin [BTC] has been criticized for being supportive towards illegal activities to the tune of money laundering and funding terrorists. Moreover, Bitcoin primarily gained prominence during the heyday of dark web-based black marketplace Silk Road, where illegal items such as drugs and unlicensed guns were purchased using […]

2018-7-17 17:29


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Vitalik Buterin Demands Court Challenge Against New nChain Patent

Ethereum co-founder Vitalik Buterin has openly criticized Blockchain research company nChain’s latest patent award, calling for opponents to challenge it in court. Pure Invention? nChain, whose chief scientist Craig Wright claims to be Bitcoin creator Satoshi Nakamoto while heavily endorsing altcoin Bitcoin Cash, received its latest European patent for what it describes as a “digital security invention.

2018-6-27 06:00


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Wyoming seeks developers for state-backed stablecoin

The State of Wyoming is hiring blockchain developers to support the creation of its government-issued stablecoin currency. The Wyoming Stable Token Commission has issued public Requests for Qualification to attract talent for its stablecoin initiative, known as “Project WYST.” Stablecoins…