You want to fix the world with finance? Then fix this: wages’ share of a financialized, globalized, speculative-bubble dependent economy have been falling for decades. Fix this and you really will change the world. Anything […]
Category: Crypto
Binance Dominates Crypto Exchange Landscape
Despite crypto evangelists describing the current situation in the cryptocurrency market as just another dip, the phenomenon known as crypto winter has real and possibly lasting consequences for one of the more volatile finance sectors. Since May […]
RUSSIA TO ALLOW INTERNATIONAL TRADE IN BITCOIN, CRYPTO FOR ANY INDUSTRY: REPORT
The Ministry of Finance of the Russian Federation plans to let any industry in the country to accept bitcoin and cryptocurrencies for international trade without restriction, per a report from local media outlet TASS. Ivan Chebeskov, […]
WHITE HOUSE RELEASES BITCOIN, CRYPTO REGULATORY FRAMEWORK
The White House has published a legal framework for engaging with bitcoin and cryptocurrencies in the U.S. following a “whole of government” executive order (E.O.) from President Joe Biden earlier this year, per an official press […]
Breaking: Historic day for crypto as Ethereum Merge to proof-of-stake occurs
The Ethereum Merge has officially taken place, marking the full transition of the network to proof-of-stake (PoS). On Sept. 15 at 06:42:42 UTC at block 15,537,393, the long-awaited Merge saw the merging of the Ethereum mainnet […]
IRAN GREENLIGHTS BITCOIN, CRYPTO PAYMENTS FOR IMPORTS: REPORT
Iran has passed legislation establishing a legal framework for bitcoin and other cryptocurrencies. Under the new law, cryptocurrency can be used as payment for imports to the country by government and local businesses. The law […]
BITCOIN IS FREEDOM FROM THE FIAT SYSTEM’S WALLED GARDEN
The concept of a walled garden is not a new one; they have been around for hundreds, if not thousands of years. A precious garden enclosed by high walls serves many purposes, including providing protection […]
The Cost of Mining Bitcoin in 198 Different Countries
It takes an estimated 1,449 kilowatt hours (kWh) of energy to mine a single bitcoin. That’s the same amount of energy an average U.S. household consumes in approximately 13 years. Given the high amount of energy needed to […]
THE GREAT WALL: WHY CHINA’S CENTRAL PLANNERS CAN’T HANDLE BITCOIN
Much like the tragic figures of Greek mythology, China has a long and storied history of snatching defeat from the jaws of victory. Its ruling class, in particular, has always had an insatiable appetite for […]
A 1,000+ Year Old Idea is the Latest Cryptocurrency Trend
In the year 1120, a French noble named Hugh of Payns took up residence in a former mosque on the Temple Mount in Jerusalem with his brotherhood of knights. The palace was a gift from […]