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…
Dealing with Cryptocurrency has its interesting dynamics. There are, however, many hidden facets making it still a mystery to the masses. We are all by now aware of the mania caused by the soaring prices and subsequent decline that followed early this year of the much-talked-about Bitcoin along with other Cryptocurrencies such as Ethereum, Ripple, […]
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?
In economic terminology, the term “utility” has not much to do with multifunctionality nor completing specific useful tasks. It does in context, relate to the level of satisfaction or “completeness/contentment” one derives from the consumption of a product or service. For example, there is only so much pizza one can eat before feeling ill from […]
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 […]