Back Bitcoin With Gold to Take Down Fed’s Dollar

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

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

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.

When Central Banks release the iDollar… WATCH OUT

When Central Banks release the iDollar… WATCH OUT

BY Callum Newman POSTED June 27, 2017

The IMF has now come out and suggested all the ‘problems’ with private cryptocurrrencies could be solved with official digital currencies. This would also allow central banks also to enforce monetary policy.