Novelty cryptocurrencies are all the rage these days. Russian Whoppercoin is the latest example -- order a Whopper from Burger King in Russia and you get a Whoppercoin, which you can probably exchange later for more Whoppers. This deal is known ordinarily as a loyalty point scheme, but add the word "cryptocurrency" and it means international headlines. Also read: BTC-e Again … [Read more...] about More Crypto-Hype: Excuse Me, Do You Take Russian Whoppercoin Here?
Well, in 2017 you can probably say you were cool enough to like Bitcoin before it went mainstream. That edgy band you used to see in bars for a few bucks now has Top 40 hits and plays stadiums for hundreds of bucks a ticket. Or thousands. But what happens if/when the crowds die down? Also read: Estonia Wants to Launch a State Supported Cryptocurrency Major network NBC … [Read more...] about Bitcoin Is So Mainstream Now. Can We Still Enjoy It?
The concept of decentralization has flourished since the introduction of Bitcoin and other cryptocurrencies. The traditional centralized model -- whether for money or organizational structures -- seems on the verge of a great shift. Also read: Congress Members Want to 'Validate' Bitcoin -- Whatever That Means This has become evident in the recent rise of bitcoin’s price, … [Read more...] about Decentralization: A Natural Shift in Human Connectivity and Commerce
Imagine if the money in your savings account actually decreased, the longer you kept it there. And you can't withdraw it to store it somewhere else, because physical cash no longer exists. Welcome to negative interest rates -- once considered a thought experiment or conspiracy theory, it's increasingly part of mainstream policy dialog. Also read: Blockstream Satellite to … [Read more...] about Once All Cash Is Digital, Expect Negative Interest Rates
Controversial Hollywood star James Woods has engaged Bitcoin fans and enemies in a Twitter debate. Bitcoin, he claimed, enabled criminal activity and its supporters are overly-sensitive to criticism. Also read: Australia’s Largest Bank Faces Money Laundering, Terrorism Fines The 70 year-old star of Shark, Salvador and Ghosts of Mississippi -- who's best known for his … [Read more...] about James Woods Trolls Bitcoiners on Twitter, But Does He Have a Point?