Once upon a time, it would have been absurd to compare bitcoin to gold. One was a new cryptocurrency with little tono adoption, and the other was a precious metal and one-time backer of world currencies. The ensuing years have seen Bitcoin grow to become one of the most precious stores of value, even surpassing that of gold. After nearly two decades of trading in the 0 &8211 0 range, in 2002 gold bottomed andnRead MorenThe post In the Battle for Acceptance, has Bitcoin Accomplished Wha
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Crying Wolf? Why You Can’t Ignore Crypto ‘Scam’ Accusations
Sorting the signal from the noise may be harder in the cryptocurrency space than almost anywhere else.
CoinDesk
Goldman Sachs CEO Confirms Bitcoin Can’t Be Dismissed
Banks and other financial institutions have opposed cryptocurrency for quite some time now. Major entities including Goldman Sachs have remained wary of Bitcoin, even though that situation is slowly changing. In fact, the CEO of Goldman Sachs recently acknowledged there is no reason to dismiss Bitcoin whatsoever. This sudden change of heart comes at an interesting time, to say the very least. A Change of Heart for Goldman Sachs Truth be told, Goldman Sachs has been far less aggressive when it comes to opposing Bitcoin compared to some other institutions. It never closed customer bank accounts for buying or selling cryptocurrency, nor has its CEO
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Cant Tolerate This TREZOR Ditches BitPay Over SegWit2x Games
n An unusually personal tone from TREZOR as the wallet removes BitPays API from its ticker info.n
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NYU’s ‘dean of valuation’ says you can’t ‘value’ bitcoin, only trade it
New York University professor of corporate finance and valuation Aswath Damodaran argues that bitcoin is a currency. “You can trade Bitcoin and …
BitNewz.net
Why Cant Gold Keep Up with Bitcoin
n Gold and Bitcoin both do well when geopolitics takes a swing at the market, but why does Bitcoin do so much bettern
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ICOs Cant Skirt Rules Forever, Must Become Compliant to Attract Big Money
n Institutional investors are going to want to know that ICOs are clean before participating the source of investor funds is importantn
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EU Report: Customs Agents Can’t Monitor Cryptocurrencies
MEPs are worried about the monitoring of cryptocurrencies at EU borders, according to a draft report.
CoinDesk
Billionaire Howard Marks No Reason Why Bitcoin Cant Serve As Currency
n n n n Billionaire investor Howard Marks has changed his dinosaur view of Bitcoinn
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Howard Marks: “There’s no Reason Bitcoin Can’t be Labeled as a Currency”
In the eyes of most people, Bitcoin is not a currency. That status quo may not change anytime soon either, unfortunately. However, Oaktree Capital founder Howard Marks has a very different opinion. While originally a skeptic, Marks has started to warm up to cryptocurrency. In his opinion Bitcoin should be a currency, as there is … Continue reading Howard Marks: “There’s no Reason Bitcoin Can’t be Labeled as a Currency”
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