In case you hadn’t noticed, the narrative droning from mainstream media sites, newspapers and press conferences seems to be following a distinct theme: "Trusted, wealthy older gentleman believes cryptocurrency is a scam, and here’s why". But let's take a look at the favored business practices of these "vulture capitalists" and ask: Are they really the people whose advice you'd … [Read more...] about Why Trust Old Vulture Capitalists Like Paul Singer on Bitcoin?
According to available data, over $6 billion USD was invested in initial coin offerings until December 2017. That month alone, projects raised a cumulative $1.67 billion to emit tokens that come with no ownership rights, dividends, repayments or often even a functioning product to use them on. Also see: Interview: Halsey Minor Says VideoCoin Will Make Internet Video Cheaper … [Read more...] about Tokens and the ICO Model: Why Bets on the Velocity of Money Are Bound to Fail
The Bitcoin scalability debate. It has plagued the community for years, and has resulted in two versions of the coin, each with its own groups of supporters warring with each other on social media. Both have the same goal in mind: making Bitcoin scalable enough to take over the world without giving up too much decentralization. However, neither side’s solution will work -- and … [Read more...] about Bitcoin Scalability Won’t Solve Anything, Here’s Why
As Bitcoin heads into 2018, it has achieved things we could only fantasize about previously: trading on Wall Street, serious acknowledgement from major banks, and a price heading towards $20,000 USD. As we reflect on these milestones, it’s important to remember the radical ideas that sparked Bitcoin’s birth. Also read: Bitcoin Price Goes Bullish Again: A Light at the End of … [Read more...] about Reminder: Bitcoin Was Meant to Destroy Wall Street, Not Join It
A token project called "Litecoin Cash" (LCC) performed a hard fork on the Litecoin blockchain late yesterday, creating a token that trades on four minor exchanges. Is it a legitimate experiment with blockchain technology, or an attention-grabbing pump? We examine some of the details you should look at in this and any other hard-fork token offering. Also see: Junseth’s World … [Read more...] about So, the ‘Litecoin Cash’ Hard Fork Happened – Is It Legit?