In case you hadn’t noticed, the narrative droning from mainstream media sites, newspapers and press conferences seems to be following a distinct theme: "Trusted, wealthy older gentleman believes cryptocurrency is a scam, and here’s why". But let's take a look at the favored business practices of these "vulture capitalists" and ask: Are they really the people whose advice you'd … [Read more...] about Why Trust Old Vulture Capitalists Like Paul Singer on Bitcoin?
As one half of the investing dream duo that makes up the revered Berkshire Hathaway company, Charlie Munger will forever hold a place in financial market history. But today Munger unloaded on bitcoin, calling it a “noxious poison” and telling a conference that bitcoin is "beneath" him and should be avoided like the plague, proving once and for all that bias affects even the … [Read more...] about Charlie Munger: Bitcoin Is ‘Noxious Poison, Beneath Me, Disgusting’
A new blog post by economists at the N.Y. Federal Reserve branch states that while cryptocurrencies are ideal when operating in a trustless environment, they do so at the expense of convenience and as such are not a “problem that needs solving”. Also see: What’s Going on with the MyEtherWallet – MyCrypto Takeover? Subscribe to the Bitsonline YouTube channel for great … [Read more...] about NY Fed Economists: Trustless Payments ‘Not a Problem That Needs Solving’
Renowned anarchist, hacker and early Bitcoin pioneer Amir Taaki has spoken out about the current state of Bitcoin, whilst announcing plans to start a coding academy in Barcelona with a view to overthrowing the state-run system. Also see: Largest Indian Cryptocurrency Exchange Zebpay Adds Ripple XRP Support Subscribe to the Bitsonline YouTube channel for great videos … [Read more...] about Anarchist Developer Amir Taaki Returns From Syria, Decries State of Bitcoin
With 2017 soon to be remembered as either cryptocurrency’s breakout year or the greatest bubble that ever was, let’s look back and see who were the standout people, plebs and personalities who contributed to making 2017 the epic rollercoaster that it was. Also read: Our Bitcoin Predictions for 2018 – Don’t Expect More of the Same Join the Bitsonline Telegram channel to … [Read more...] about For Better or Worse, Here’s Bitsonline’s Bitcoin People of the Year 2017