Fiat currency

Powers On… Don’t worry, Bitcoin’s adoption will not be stopped

In a series of  recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches

Fortune Publishes their Most Disgusting Bitcoin Article Yet. Here’s Why.

Just when you thought Fortune couldn’t sink any lower with their Bitcoin slander, the publication tries to relate a neutral technology to “the alt-right” and “white supremacists.” Is this what journalism has devolved into? Unfortunately, in the case of Fortune, the answer is yes. This is not the first time they have used their publication as a weapon. They’ve tried to slander Bitcoin numerous times before, and there’s a concrete reason for that. Related Reading | Bitcoin And Crypto Adoption Soars 880% In 2021, This Is What’s Driving It Before

Raoul Pal thinks ADA could “do incredibly well”: where to buy Cardano

ADA is generating a lot of buzz ahead of the unveiling of a prototype dAppStore at this weekend’s Cardano Summit Since launching smart contract functionality on the blockchain earlier this month, Cardano has been poised to become an industry leader and potentially live up to its moniker of the “Ethereum killer”. Now, with news about decentralised applications (dApps) on Cardano and an endorsement from Raoul Pal, it’s perhaps not surprising that ADA is currently the top trending cryptocurrency on CoinMarketCap — and this enthusiasm could easily translate into a price

Countries That Might Soon Allow Crypto Betting

Aug 21, 2021 at 09:54 // News In some countries, bitcoin is seen as a legal payment platform, whilst in others, there are regulations pertaining to how betting with cryptocurrency operates. Some other countries have chosen to be quiet on the issue and have not made any attempt in allowing or not allowing it. In countries where Bitcoin is not considered legal, you cannot fund your gambling wallet with cryptocurrency. Only very few countries have come out in the open to address cryptocurrency gambling. Some of the countries that have

Turkey Residents Panicking Over Massive Inflation

Rampant inflation is affecting Turkish residents’ confidence in the nation’s lira fiat currency. According to a Reuters report on Aug. 14, locals are dumping lira, converting it to dollars and buying gold. Even with market interventions and reassuring stories about monetary stability coming from the government, the locals’ faith in the lira is on a downward trajectory. Inflation is currently at 11.8% and has overtaken the amount of interest offered for savings at banks. One resident was quoted as saying he had bought gold as a safe-haven asset:“I think it is the best investment

Key Timing for Adoption? Crypto Goes Mainstream With TV, Newspaper Ads

Amid turbulent times for the world at large, the cryptocurrency space seems to be cruising on its own steam in 2020. The coronavirus pandemic has put a major strain on economies around the world, and countries such as the United States have seen their central banks resort to extended quantitative easing in order to stimulate their financial ecosystems.Some analysts believe that this continual fiscal stimulus is part of the reason that the cryptocurrency market is enjoying relative success compared with its traditional financial counterparts.The likes of Anthony Pompliano, co-founder of