Rather than trying to convince people that they want bitcoin, investors are looking for products that use Bitcoin to meet people where they are.
The Bitcoin Policy Institute’s report on CBDCs makes a strong case for why the US should reject a centrally issued version of the dollar. Bitcoinist covered that already. This time, we’ll focus on the reasons why The Bitcoin Policy Institute thinks CBDCs don’t make sense and are not practical for capitalist societies. The main argument […]
The U.S. Bitcoin Policy Institute has urged US regulators to reject the idea of CBDCs and stick to Bitcoin and other stablecoins.
Bitcoin has its back covered by this American senator who believes in the potential of the crypto to bring good things to the U.S. financial sector and economy in general. Senator Cynthia Lummis may be the most prominent champion for the crypto sector in Congress. Her strong support for the cryptocurrency industry distinguishes her from […]
Cardano (ADA) creator Charles Hoskinson is not a fan of central bank digital currencies (CBDCs) and even sees them as a threat. In a recent interview with Cheeky Crypto, Hoskinson argues that CBDCs are the “single-most dangerous innovation that we’ve ever seen in monetary policy.” “CBDCs… they’re not crypto. They can run on crypto rails […]
The post Cardano Creator Charles Hoskinson Calls CBDCs the ‘Single Most Dangerous Innovation’ – Here’s Why appeared first on The Daily Hodl.
The latest report by The Bitcoin Policy Institute goes for the lowest hanging fruit. It tries to convince US politicians that “CBDCs will erode the distinction between America and authoritarianism,” which is true. To accomplish that, The Bitcoin Policy Institute appeals to the cheapest trick in the book: comparing the US to China. The move […]
Implementing a CBDC would not only negatively impact the U.S. economy, but is literally beyond the capability of the government.
Edward Snowden is now a legal inhabitant of Russia, courtesy of Russian President Vladimir Putin who signed a decree Monday granting the former National Security Agency intelligence contractor – and whistleblower – full citizenship. Related Reading: Bitcoin Down Under: Australia Bags 4th Spot In Global Crypto Adoption – Survey What Else Is In It For […]
Ahead of ParallelChain mainnet launch, GEM Digital Limited, a digital asset investment, has reportedly invested $50 million into the firm. The investment is targeted at the ParallelChain Lab Layer-1 protocol development project. The blockchain industry keeps growing in strength as more funds enter the industry. The DeFi community is one part of the blockchain industry […]
We’ll keep discussing the Tornado Cash situation because this is a watershed moment for the cryptocurrency industry. Lines are being drawn. The future of privacy for cryptocurrency-related operations is at stake. One could even say that the future of the industry as a whole is at stake. Does the cryptocurrency industry has a future without […]
Bitcoin is a powerful tool for businesses and services seeking to operate on the best monetary standard for their customers.
Despite the slowdown in the crypto currency market, the eCash (XEC) coin has managed to gain nearly 4% to $0.00003974 due to fundamentals and high-end […]
After years of oppression and nation-state level gaslighting, Bitcoin represents new hope for Central America.
According to this banking insider, the governments have it all wrong. Bitcoin is one of the least private assets out there, and they should change policies for the pendulum to swing the other way. In the banking insider’s opinion, instead of protecting them, the governments have been harming their citizens with the current draconian measures. […]
Bitcoin community leaders can help educate others about the values of bitcoin simply through a localized onboarding process.