#1 Source For Bitcoin And Altcoin News
Though the Biden administration demonstrates globalist tendencies, Nancy Pelosi’s trip to Taiwan brings up some nuances to the geopolitical chessboard.
(Source)Watch This Episode On YouTube
Listen To This Episode Here:
“Fed Watch” is a macro podcast, true to bitcoin’s rebellious nature. Each episode, we question mainstream and Bitcoin narratives by examining current events in macro from across the globe, with an emphasis on central banks and currencies.
One of the advantages of using crypto is to ease cross-border transactions. Crypto makes the process swift, simple and affordable. Another reason to applaud crypto is the anonymity in users’ transactions.
Anyone can send money anywhere without compromising their identity. This mode of operation has been frowned at as promoting money laundering and other nefarious illegal financial activities. But even though it has disadvantages, it also helps users to simplify transactions.
Crypto has proven its worth in sending donations to Ukraine to support its efforts amid the war with Russia. There have been a lot of contributions to this country, most of which are facilitated with crypto mechanisms. However, donating to the government would not be accessible if not for the decentralized system of operations.
Bitcoin the inflation hedge; the prodigal child returns.
CoinDesk
What is going to be most interesting here is seeing what happens to bitcoin and other cryptos during these Hard Times.
CoinDesk
Noelle Acheson argues that Libra is not a cryptocurrency, it’s a security. That in itself is a huge innovation, and perhaps a glimpse of what is yet to come.
CoinDesk
In a move that will surely raise a few eyebrows, rideshare behemoth Uber is bolstering its helicopter service. This month, those with the means will be able to hail an Uber helicopter to go from Manhattan to JFK in under 10 minutes. Starting this month, Uber is offering helicopter rides in New York City pic.twitter.com/lju3K3WxqC […]
The post Uber Expands Helicopter Rides. Here’s Why It’s a Bullish Sign appeared first on CCN Markets
Jony Ive is reportedly leaving Apple, and this is a big deal for everyone. Smartphone Revolutionary Founds His Own Firm We’re talking about the man who essentially kicked off the smartphone revolution, creating a wealth of opportunities for developers and businesspeople alike. He also invented that slick metal MacBook so many are fond of – […]
The post Apple’s Design Chief is Leaving. Here’s Why It’s Fabulously Good News appeared first on CCN Markets
Bitcoin has been on a tear lately, exploding from $ 3,000 to over $ 13,850.While pundits try and ascribe reasons for the move, bitcoin traders who have managed to ride the wave are cheering. For now. If anything, this wacky move only serves to support the long-term bearish argument on bitcoin. What Goes Up… One of my […]
The post Bitcoin's Parabolic Move Shows Why It's a Sucker's Bet appeared first on CCN Markets
By CCN Markets: After ten years, the Reserve Bank of Australia has decided that Bitcoin and other cryptocurrencies don’t pose a threat to Aussie dollars or other forms of fiat payment. The RBA concludes, after reviewing everything it knows about cryptocurrency, that it’s “difficult to envisage” an outbreak of Bitcoin users in the down under. Bitcoin Carries The Burden of Disruption It’s on cryptocurrency to be more attractive and useful than traditional payment methods. People will prefer the easier, more familiar world of debt-based currency until this is the case. To maintain the status quo, RBA says, rulers need only
By CCN Markets: An exposé published at TheVerge.com revealed at least one Facebook moderation center is akin to a third world sweatshop. This should come as no surprise given what we already know about Facebook’s company culture. Facebook Whistleblowers Step Forward Facebook outsources moderation services to Cognizant, a publicly-held $ 35 billion firm that apparently does not care about its work conditions. Three anonymous Facebook contractors breached their non-disclose agreements to inform TheVerge about the conditions. They include death of one worker via heart attack, filthy conditions at workstations and bathrooms, bedbug infestation, sexual harassment, verbal and physical altercations, frequent marijuana
By CCN Markets: After Elon Musk announced that he was cracking the whip on Tesla employees to hit unrealistic quarterly delivery targets, a document leak suggests that target will not be met, according to Business Insider. This comes as a surprise to nobody. Overpromising and Under-Delivering, as Usual After boasting that Tesla would deliver 90,000 cars in the quarter, Elon Musk has backed himself into a corner. The master of overpromising and under-delivering can’t shut up. Business Insider reports that, according to documents it has viewed, things are looking bad: “According to documents that describe the daily output rate for
The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.
A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin
Bitcoin’s core value proposition is that it is an uncontrolled, apolitical money. To some people, this means Bitcoin is only useful to people who want to get around various regulations imposed on the world’s financial systems and society more generally.
And in a way, these Bitcoin critics have a point. Bitcoin can be quite useful for criminals, much like physical cash. However, the permissionless nature of Bitcoin also enables other valuable use cases of this new technology.
While price appreciation is always good for an asset class, in the case of cryptocurrencies the benefits go way beyond profit.
CoinDesk
Despite many cryptocurrency users having made their first purchases using Localbitcoins, little attention is paid to the experiences of the traders who operate on the platform. News.Bitcoin.com reached out to several Localbitcoins traders to find out about the challenges facing peer-to-peer crypto brokers.
Also Read: Darknet Buyers Flock to Wall Street as Dream Winds Down
News.Bitcoin.com spoke to an Australian Localbitcoins trader who has been operating on the platform for just “a few months.”
Each Sunday, we breakdown the most important crypto market news the past week for SludgeFeed Premium members, including key events and stories you might’ve missed from a variety of news outlets. Top Headlines This Week: Coinbase Custody launches staking support for Tezos, MakerDAO governance to follow Coinbase announced Tezos (XTZ) baking for Coinbase Custody clients. This was […]
SludgeFeed
IBM claims that six banks will issue stablecoins using its World Wire protocol which is based on the Stellar network. According to the tech giant, three banks have publicly committed to the initiative, and the remainder will reveal themselves soon. The announcement joins the resurgence of blockchain razzmatazz this year that feels eerily similar to the last time distributed ledger technology (DLT) was the cat’s meow back in 2016.
Also Read: Bitcoin’s Social Contract Must Be Resilient to the Whims of Future Generations
There are two primary reasons why storing your private crypto keys in the cloud is a bad idea. First, your cloud provider represents a centralized honeypot that could experience a security breach, allowing cyber criminals to access your data. For example, in August 2018, a fourth man was jailed in the U.S. for hacking into private Apple iCloud accounts and leaking nude photos of Jennifer Lawrence, Kirsten Dunst, Mary Elizabeth Winstead and others. So it does happen. And it will probably happen again in the future.
Security tokens and tokenized securities are not the same thing – it’s important that we recognize the difference, argues Noelle Acheson.
CoinDesk
Writing for Market Watch Tuesday, Aaron Hankin asserts that Bitcoin’s price plunge along with the NASDAQ and other equities benchmarks in Q4 2018 proves Bitcoin is more like a tech stock than digital gold as some Bitcoin proponents have characterized it. Typically when soft assets like stocks and bonds are in free fall, investors’ money flees into hard assets like precious metals for shelter from the market turbulence. That’s exactly what happened with gold in Q4 2018. As Wall Street crashed and burned, the spot price of gold was buoyed by investors looking for relief from the hemorrhaging. If Bitcoin
