Monthly Archives: April 2017

Antigua and Barbuda Drafts Laws to Implement Bitcoin

Antigua and Barbuda Drafts Laws to Implement Bitcoin   The government of Antigua and Barbuda is drafting laws “for the implementation of Bitcoin,” according to a local publication. The decision may have been influenced by online gambling mogul Calvin Ayre and even self-proclaimed “Bitcoin creator” Craig Wright. The Cabinet of the twin-island country Antigua and … Continue reading Antigua and Barbuda Drafts Laws to Implement Bitcoin

Botswana Clinic Now Accepts Bitcoin As Cryptocurrency Takes Root in Africa.

 Botswana Clinic Now Accepts Bitcoin As Cryptocurrency Takes Root in Africa   Bitcoin is gradually taking roots in Africa, although painfully slow. Nevertheless, there is refreshing news on a daily basis that makes the drive to push Bitcoin penetration in the so-called “hopeless continent” promising. From brave women promoting adoption to startups using Bitcoin … Continue reading Botswana Clinic Now Accepts Bitcoin As Cryptocurrency Takes Root in Africa.

Cryptocurrency Costs Unlikely to Crowd Out Fiat Currencies in Korea.

Cryptocurrency Costs Unlikely to Crowd Out Fiat Currencies in Korea   South Korea’s central bank has published a new working paper analyzing a dual-currency regime by pitting cryptocurrencies against traditional fiat currencies. Penned by economists and academics from the Bank of Korea and Seoul’s Hongik University, the working paper, titled ‘Crowding out in a Dual … Continue reading Cryptocurrency Costs Unlikely to Crowd Out Fiat Currencies in Korea.

Best Cryptocurrency Exchanges

Best Cryptocurrency Exchanges What is a cryptocurrency exchange? Cryptocurrency exchanges are websites where you can buy, sell or exchange cryptocurrencies for other digital currency or traditional currency like US dollars or Euro. For those that want to trade professionally and have access to fancy trading tools, you will likely need to use an exchange that … Continue reading Best Cryptocurrency Exchanges

Cryptocurrency Inflation V Deflation

Cryptocurrency Inflation v Deflation   In the world of cryptocurrency, there are two main types of ecosystems. Either a cryptocurrency is inflationary – with new coins generated by mining or staking – or it is deflationary. A lot of people claim bitcoin’s deflationary status is a problem, and how minor inflation could alleviate these concerns. … Continue reading Cryptocurrency Inflation V Deflation

Bitcoin Has Power to Break People Out of Poverty, Current System Broken

Bitcoin Has Power to Break People Out of Poverty, Current System Broken Can Bitcoin help people break out of poverty? What if we could build a financial system with Bitcoin that would lead to a more equitable and fairer society? Bitcoin has been around for nearly a decade now and it has survived many doomsday … Continue reading Bitcoin Has Power to Break People Out of Poverty, Current System Broken

Bitcoin Price Tripled in Last Year

A collection of Bitcoins stand in this arranged photograph in Danbury, U.K., on Thursday, Dec. 10, 2015. Bitcoin, the digital currency, climbed on Wednesday to hit its highest levels since early November, amid fresh speculation that the identity of Satoshi Nakamoto — the virtual currency’s creator — may have finally been revealed. Photographer: Chris Ratcliffe/Bloomberg … Continue reading Bitcoin Price Tripled in Last Year

Arbitrage – What it is and how it works

Arbitrage refers to the process of instantly trading one or more pairs of currencies or odds for a nigh risk-free profit. Usually, this involves two exchanges (this is then called a two-legged arbitrage); although more are, of course, possible. There are several steps when executing an arbitrage: Find a suitable opportunity Execute trades Rebalance accounts … Continue reading Arbitrage – What it is and how it works

What’s keeping Cryptocurrencies from mass adoption? – Part 2

  What’s keeping Cryptocurrencies from mass adoption? – Part 2 Official Local Exchanges Having to look other users in the eye can make a world of difference. Face-to-face exchanges at trusted locations means that the sale of a coin can be more easily limited, and this can act as a throttle to gauge demand. People … Continue reading What’s keeping Cryptocurrencies from mass adoption? – Part 2

What’s keeping cryptocurrencies from mass adoption?

What’s keeping cryptocurrencies from mass adoption?   Speculators flocked to Bitcoin and many of the alt-coins in hopes of getting in early and making a big exit, but everyday users haven’t warmed to cryptocurrencies. There are many reasons why, but one of the largest barriers to mainstream adoption is the price volatility of cryptocurrencies. So … Continue reading What’s keeping cryptocurrencies from mass adoption?