The latest abbreviation in finance and crypto-world is ‘ICO’. A word that gives both local and global financial authorities like the U.S. Securities and Exchange Commission (SEC) nightmares for several reasons. Not to be confused with Initial Public Offering (IPO) which is used by firms to raise cash through the issuing of shares to the […]
Bitcoin (Crypto in general) is here to stay and every day, financial institutions, celebrities, and artists are endorsing it. It also has intrinsic value otherwise companies (incl. Microsoft) accepting it as payment for goods and services are either ballsy or just plain stupid! Read more via Food for thought…
On August 11 2018, the Bitcoin dominance level (market share) touched 50% for the first time in 2018. However, the move didn’t come amid a Crypto market rally. In fact, the cryptocurrency space has been in free fall until mid-August, moving in a sideways trend since then. Read more via BTC running low on battery?
You can still tap into the pool of 17-odd million Bitcoins that is now in circulation by purchasing them in the fiat currency equivalents. But where does one get them then? After all, Cryptocurrency is this dark and mysterious transaction system used only by criminals and drug addicts and so getting them would naturally be […]
Creative destruction has become our new favourite buzzword. It also aptly describes this new wave or phenomenon of Crypto-mania driven by the blockchain and its shining star – the Bitcoin. Suddenly, risk-averse people who normally would not bat an eye at trading in normal shares(stocks) or any high-risk investment for that matter, are now pondering, […]
When it comes to providing means of storing, sending and receiving money for goods and services, banks and their affiliated institutions, have enjoyed a monopoly for centuries. They (especially central banks which allegedly are owned a powerful family) have the authority to influence countries and their governments – we will not go into the level […]