President Donald Trump weighed in on bitcoin on Thursday, and let his feelings be known in characteristically clear terms: I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and […]
Jeremy Siegel, a normally astute finance professor from the University of Pennsylvania, told CNBC that he thinks the stock market has another 5 percent to 6 percent upside to reach fair value. He’s out of his mind. “I think fair market value does give us another 5%, 6% this year, but we may go up […]
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President Donald Trump just tweeted about bitcoin, Libra, and cryptocurrency for the first time ever. It’s the most high-profile mention cryptocurrency has ever received. He’s not a fan: I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto […]
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By CCN Markets: One day Bitcoin will occupy the same corner of internet nostalgia occupied by Nikola Tesla. So it goes: were it not for Thomas Edison’s superior resources, influence and propaganda, we could all be running our laptops on Mr. Tesla’s free energy right now. Surveying the thunderous hype surrounding Facebook’s foray into the cryptocurrency game, one can’t quite shake the feeling that Mark Zuckerberg is in the process of pulling an Edison. First Facebook, Now Bitcoin The analogies between the story of Facebook’s foundation and that of the upcoming Libra/Facebucks are striking. Call it inspiration, theft, or skilled
Bitcoin was barely a year old and trading for less than a penny. Excitement for the world’s first cryptocurrency was still largely bottled up in the infant hobbyist forum Bitcointalk, itself barely half a year old. Here, OGs effervescent with enthusiasm compared notes on economic philosophy, technical knowledge and the new cryptographic beast that Satoshi Nakamoto created. Satoshi himself was still active on the forum, too, as the earliest adopters shared their visions for the future of money.
Bram Cohen, the visionary computer programmer who created peer-to-peer file sharing protocol BitTorrent and the company of the same name, is no longer involved with the project following its sale to Tron and subsequent launch of a crypto token. He wants to make sure that you know that. Bram Cohen to Everyone: I’m Not Involved
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The live stream of Jamie Dimon’s address (watch below) at the NY Economic Club opens with the billionaire CEO of JP Morgan Chase pointing out a dearth of activity from American small business entrepreneurs over the last ten years since the Wall Street financial crisis: “Small business formation is lower than it’s ever been in
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The Venezuelan government has recently launched a Petro savings plan that allows the country’s citizens to put their money into the oil-backed cryptocurrency and “save by means of a certificate.” Venezuela Launches Petro Savings Plan for 18 Million Citizens According to local news outlet Telesur, the savings plan is part of the “Comprehensive National Cryptoasset
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BitFund founder and well-known Bitcoin holder Li Xiaolai said that he is going to stop personally investing into blockchain projects. Instead, he’s focusing on a career change.
One of China’s biggest Bitcoin (BTC) 00 holders, Li Xiaolai, caused a huge stir in the local cryptocurrency community after he announced via Weibo that he would now demur from personally investing into blockchain projects.
According to TechNode, Li wrote:
An online gossip magazine claims to have insider information that disgraced actor Bill Cosby is using bitcoin to try to conceal what remains of his fortune from his creditors. Citing an unnamed “insider,” celebrity gossip site Radar Online alleges that Cosby, who was convicted earlier this year on three counts of sexual assault, has purchased
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