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Tag Archives: Currencies

How cryptocurrency could topple fiat currencies in the future

In the future, Johnathan Turrell, the CEO of Cryptonomy, predicts a move from centralised services such as Facebook and Gmail, to a decentralised platform not using blockchain which will “rewrite the internet.” He was an early adopter of cryptocurrency when he first learned of Bitcoin’s existence in 2012 and contacting …

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Bitcoin [BTC] and other alternative currencies should be exempted from all taxes says former Presidential candidate

The exchange of comments between the Federal Reserve Bank and the President regarding the hike in the interest rates and have been going on for a while now. Most of the people have opposed the recent increase in the interest rates by Feds and their plan to increase it two …

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XRP, Bitcoin [BTC] and Ethereum [ETH] inter exchange transfer offered by SBI Virtual Currencies

On December 21, SBI Virtual Currencies, the subsidiary of the Japanese financial giant Strategic Business Innovator [SBI] Group, revealed that the top three cryptocurrencies, XRP, Bitcoin [BTC] and Ethereum [ETH] can be received from other virtual currency exchange wallets. The company also stated that the delivery of the sending [issue] …

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EU Report Considers Blockchain-Based Digital Identities, Tokenized National Currencies

In its latest report released on Dec. 7, the European Union Blockchain Observatory and Forum (EUBOF) made a case for a blockchain-based digital identity system and digital versions of national currencies. The report was prepared by blockchain software technology firm ConsenSys AG on behalf of the EUBOF, and focuses on …

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Bitcoin Cash [BTC] proponent advocates building of economies with cryptocurrencies as actual currencies instead of speculating

Roger Ver, the CEO of Bitcoin.com more commonly known as the Bitcoin Jesus and a massive supporter of Bitcoin and Bitcoin cash spoke about Bitcoin Cash hard fork and the mainstream cryptocurrency adoption that is in play in the recent times. Ver agreed that the slump in Bitcoin’s prices and …

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Bitcoin Payroll Startup Bitwage Adds 18 New Currencies

Bitcoin payroll startup Bitwage has today announced support for an additional 18 fiat currencies, including the Russian ruble. Founded in 2014, the startup uses bitcoin to let employers route international payments to workers, allowing them to receive wages in either a local fiat currency or bitcoin, or a combination of …

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Price of bitcoin will collapse, says economist who wrote the book on currencies

CAMBRIDGE, Mass. (Project Syndicate) — Is the cryptocurrency bitcoin the biggest bubble in the world today, or a great investment bet on the cutting edge of new-age financial technology? My best guess is that in the long run, the technology will thrive, but that the price of bitcoin will collapse. …

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Fundstrat launches five indexes to track bitcoin and other digital currencies

A prominent Wall Street strategist who predicted bitcoin could more than quadruple in value in five years has created five indexes to track digital currencies. Fundstrat Global Advisors’ Thomas Lee said in a report Friday that the FS Crypto FX indexes are for institutional investors “to better understand the evolution …

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European banks like the look of digital currencies, but bitcoin not on their list of favourites

European banks are very interested in the potential of digital currencies, but do not believe that bitcoin is likely to become a generally accepted form of money, according to the head of Swiss bank UBS. Bitcoin has become very popular in some countries – in Switzerland, bitcoin machines allowing people …

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The New Arena of Digital Currencies – Blockchain for Beginners

Just as other technologies battled it out, as investors we could know who would have the durable competitive advantage…patience my friends…Apple proved that! Look at Warren Buffett’s 1994 and 1996-99 shareholder letters, it certainly will be the future but who will be the leader either the brand or the business …

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