Back Bitcoin With Gold to Take Down Fed’s Dollar
BY James Rickards POSTED August 12, 2017
Gold-backed Bitcoin might even give the dollar a run for its money as a reserve currency especially if it supported by gold powers such as Russia and China.
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German POW Camp Reveals Power of Bitcoin
BY Ben Traynor POSTED July 22, 2017
What if bitcoin is replaced as the pre-eminent crypto by, say, ether, or litecoin, or any of the other hundreds of cryptos? Each crypto may be homogenous in and of itself, but the crypto universe is extremely heterogeneous. Let’s now turn to the three classic characteristics of money: a unit of account, a medium of exchange and a store of value.
No Ordinary Flash Crash with Ethereum
BY James Woodburn POSTED June 30, 2017
Ethereum — the most popular bitcoin competitor right now — fell flat on its face briefly this week before rebounding. But this was no ordinary flash crash. According to the exchange, a huge sell order hit. The market couldn’t handle it and slipped nearly 30% as it executed the multi-million-dollar sale. That in turn triggered stops and margin calls, briefly pushing the price of ethereum to TEN CENTS.