Cash Crisis: National Currencies Plunge in the Wake of Coronavirus

Cash Crisis: National Currencies Plunge up to 25% in the Wake of CoronavirusAnnouncing an open-ended QE program Monday for unprecedented asset purchasing, the U.S. Federal Reserve has pledged to purchase assets “in the amounts needed,” signaling the beginning of a virtually unlimited easing effort which will include moving into corporate bonds for the first time.

The post Cash Crisis: National Currencies Plunge in the Wake of Coronavirus appeared first on Bitcoin News.

Sending Cash to Friends and Family Through Bitcoin ATMs Is Safer Than Crowding Bank Offices During Pandemic

Sending Cash to Friends and Family Through Bitcoin ATMs Is Safer Than Crowding Bank Offices During PandemicTransferring money over traditional channels may involve a lot of queuing in lines these days. Authorities around the world are trying to prevent large groups of people gathering in confined spaces to reduce the risk of transmitting the coronavirus infection. Remittances are a lifeline for people in many countries and cryptocurrency ATMs provide a way […]

The post Sending Cash to Friends and Family Through Bitcoin ATMs Is Safer Than Crowding Bank Offices During Pandemic appeared first on Bitcoin News.

DCA – The ‘Boring,’ Sensible Bitcoin Investment That Could Double Your Money in 2.5 Years

DCA - The 'Boring,' Sensible Bitcoin Investment That Could Double Your Money in 2.5 YearsDollar Cost Averaging (DCA) as a crypto investment method may not be the most thrilling way to speculate on the bitcoin price, but it is one of the most level-headed, according to proponents. Using a simple online DCA calculator, one can choose a plan for buying small amounts of bitcoin at regular intervals. While the […]

The post DCA – The ‘Boring,’ Sensible Bitcoin Investment That Could Double Your Money in 2.5 Years appeared first on Bitcoin News.

Wielding the Tools of Liberty: Exploring Wendy McElroy’s Latest Book ‘The Satoshi Revolution’

When Satoshi Nakamoto launched the Bitcoin network, not only was the protocol a breakthrough in computer science, but it transformed the way society perceives money, economics, and freedom. “The Satoshi Revolution” written by Wendy McElroy delves into the transformative technology Nakamoto introduced 11 years ago by exploring the evolution of this new money. McElroy’s book […]

The post Wielding the Tools of Liberty: Exploring Wendy McElroy’s Latest Book ‘The Satoshi Revolution’ appeared first on Bitcoin News.

Warren Buffett Slates Bitcoin, Denies Owning Crypto Gifted by Justin Sun

Warren Buffett Slates Bitcoin, Denies Owning Crypto Gifted by Justin Sun“I don’t have any bitcoin. I don’t own any cryptocurrency, I never will … You can’t do anything with it except sell it to somebody else.” So claimed Warren Buffet in an interview this week on CNBC. Over the course of the two-minute segment, the billionaire investor tore into bitcoin’s value proposition, and obliquely threw […]

The post Warren Buffett Slates Bitcoin, Denies Owning Crypto Gifted by Justin Sun appeared first on Bitcoin News.

In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix

In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System PixBanco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many new services. Portrayed as a response to Bitcoin, the Pix system will be mandatory for major financial institutions to ensure wide coverage. The project aims to limit the use of paper money and […]

The post In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix appeared first on Bitcoin News.

Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens

Bank Closures and Withdrawal Restrictions Anger Lebanese CitizensLebanese citizens have been dealing with economic hardship, as the country’s central bank imposed customer withdrawal limits last October. The problems have continued over the last two months, as ATMs have stopped dispensing cash and bank branches close doors in fear of angry clients. Regional reports disclose Lebanese bank customers often wait for hours in […]

The post Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens appeared first on Bitcoin News.

Why Nick Szabo Probably Isn’t Satoshi

Search online for ‘possible creators of Bitcoin’ and Bit Gold creator Nick Szabo will always appear near the top of the list. His long history in the cypherpunk space, his writings on money, digital cash, and smart contracts, and some facts about his past have often been used to create a compelling picture that he […]

The post Why Nick Szabo Probably Isn’t Satoshi appeared first on Bitcoin News.

Russia’s Supreme Court Recognizes Tokens as Assets Like Money and Property

Russia’s Supreme Court Recognizes Tokens as Assets Like Money and PropertyA phenomenon like bitcoin can gain recognition, including regulatory, in many different and often unexpected ways. Governments that hesitate to accept cryptocurrencies as legal tender, sometimes validate their existence indirectly and even acknowledge they can be used for payments. Taxing crypto incomes and profits is one such example. Russia has just provided another one by […]

The post Russia’s Supreme Court Recognizes Tokens as Assets Like Money and Property appeared first on Bitcoin News.