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The Modern Era of Free Range Slaves: How Bitcoin Breaks the Mold

In a string of recent Tweets, 2020 Libertarian presidential candidate and fugitive from the law John McAfee has been talking about slavery. Urging people to “wake up” and assuring them that neither compliance with the status quo, nor stacks of riches, can set them free. Indeed, when the current stat..

Bank of China’s New Infographic Shows Why Bitcoin Price Is Going Up

News The Chinese central bank released on its website an infographic illustrating what is Bitcoin (BTC), how it works and why it’s valuable on July 26. A brief story: from Bitcoin to LibraThe infographic illustrates the story of Bitcoin, starting with the publication of its whitepaper in 2008, the..

Russian Arms Manufacturers Dodge US Sanctions With Bitcoin

Soyuzmash, the Union of Machine Builders in Russia, has asked the Central Bank for permission to accept Bitcoin and stablecoin payments for weapons deals. This, they claim, will help them to circumvent US and international sanctions.A Difficult Environment For Selling Weapons Soyuzmash Vice Presi..

ECB Money Printing Is ‘Rocket Fuel’ for Bitcoin Price, Says Pompliano

News Morgan Creek Digital Assets co-founder Anthony Pompliano says the European Central Bank (ECB)’s expected dovish turn will be “rocket fuel” for Bitcoin. In a tweet posted on July 26, Pompliano commented on a fresh Bloomberg article investigating the ECB’s imminent policy moves — potentially in..

Nigerian Deposit Insurance Corporation Warns Against Crypto Dependency

News The Nigeria Deposit Insurance Corporation (NDIC), a federal insurance overseer and safety net provider, has issued a public warning about relying on cryptocurrency transactions in a press release on July 25. According to the press release, managing director and CEO of NDIC Umaru Ibrahim said ..

US, EU and Japan Could Trigger ‘Cold Currency War’ by Debasing Fiat

The world’s major central banks are waging war to determine who can make their respective fiat currency weaker. With the likelihood of even more money printing and negative interest rates ahead, people need to be ready to see the value of their money evaporate and the price of everything else go up...

Germany’s Central Bank: Gov’ts Should Be Neutral on FB’s Libra

News Potential benefits of Facebook’s Libra should be made possible despite the existing regulatory uncertainty and associated risks, Germany's central bank said. In a monthly bulletin called “Crypto tokens in payment transactions and in securities settlement” released on July 22, the Bundesb..

Palestinian Authority Considering Crypto to Replace Israeli Shekel

News Palestinian Prime Minister Mohammad Shtayyeh reiterated that his government is considering using cryptocurrency as an alternative to the Israeli shekel fiat currency, English-language local media Al-Monitor reports on July 22. Shtayyeh said at the opening of the Palestine Center for Computer ..

European Central Bank Exec: Libra Won’t Launch Until Regulators Are Satisfied

News Benoit Coeure, a board member of the European Central Bank, said that Facebook’s Libra coin will not launch until global regulators are satisfied. Speaking to Reuters at the G7 summit in Chantilly, France on July 18, Coeure said that the proposed stablecoin must be guaranteed to be safe for ..

Bank of Thailand Is Open to Discuss Libra, Concerned Over Security

News Bank of Thailand governor Veerathai Santiprabhob said that the institution is open to discussing Facebook’s Libra stablecoin with the company, local media Xinhuanet reported on July 19. Per the report, Santiprabhob made his remarks at the Bangkok FinTech Fair on July 19, pointing out that Fac..

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