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Baltic Honeybadger 2017 • November 25-26, 2017

The Baltic Honeybadger conference is the first major event in Latvia dedicated to Bitcoin and the technologies built around it.…

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Tag: currency

Bitcoin May Become the Main Currency for Palestinians

Category: Bitcoin, Commentary, News, Tech

Bitcoin May Become the Main Currency for Palestinians

Bitcoin or a ‘Palestinian Pound,’ a digital currency inspired by Satoshi Nakamoto’s innovation, could potentially be used to propel the independence and financial sovereignty of Palestine, as Azzam Shawwa announced at a European Bank for Reconstruction and Development meeting over May 9-11. The unstable political and socio-economic situation in the Middle East has been a hindrance to the empowerment of…

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Japanese Retailers Rushing to Adopt Bitcoin as Payment Method

Category: Bitcoin, Business, News, Regulation

Japanese Retailers Rushing to Adopt Bitcoin as Payment Method

Bitcoin is becoming big in Japan. After Japan’s lawmakers have officially turned bitcoin into a legal payment method and have made the digital currency sales tax exempt, the price of bitcoin has rallied, and the demand for the cryptocurrency has surged in Asia’s second-largest economy. That, of course, has not gone unnoticed by Japanese retailers who are now rushing to…

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Can Cryptocurrencies Fix A Broken Monetary System?

Category: Altcoins, Bitcoin, Commentary, News

Can Cryptocurrencies Fix A Broken Monetary System?

Let us take a step back from the madness of the COIN ETF, the BU vs. SegWit battle, the transaction crisis and take a look at an interesting report entitled “MONEY, MONEY, MON€Y: Attitudes Toward Credit, Consumption, and Cryptocurrency” and what is driving the adoption of cryptocurrencies. To do this, we have to first look at money in general. Money…

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Iran Dumps Dollars, A Move to Bitcoin Brewing?

Category: Bitcoin, Commentary, Finance, News

Iran Dumps Dollars, A Move to Bitcoin Brewing?

In a brave move against Dollar hegemony, Iran has announced its intention to dump the US Dollar, possibly opening the door for a move toward Bitcoin as a reserve currency. According to PressTV, a new common foreign currency or a basket of currencies are sought by the Iranian Central Bank to replace the US Dollar, for use in all official…

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What is Going on with Bitcoin in Nigeria?

Category: Bitcoin, Commentary, News

What is Going on with Bitcoin in Nigeria?

The interest in Bitcoin explodes in Africa’s biggest economy. The government cripples the regular remittance industry and remains unable to stop the devaluation of the domestic currency, the Nigerian naira. But shady investments and the famous Nigerian ‘princes’ might play a role; which is why the central bank has partially banned Bitcoin. For months Nigeria has taken the lead in…

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GameCredits Launches Payment Gateway with Fragoria

Category: Altcoins, Entertainment, News

GameCredits Launches Payment Gateway with Fragoria

GameCredits is a name not often brought up when you think of altcoins. With a weekly increase of market capitalization of over 40 percent and trading volume approaching $1 million, shown below, it may be something worth taking a look at.   The sudden increase of attention towards the altcoin comes with the announcement of the use of GameCredits in…

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‘Bitcoin Will not Crowd Out Fiat’ says SWIFT

Category: Bitcoin, Commentary, News

‘Bitcoin Will not Crowd Out Fiat’ says SWIFT

While many are optimistic about the disruption virtual currencies such as Bitcoin will have upon fiat currencies, new research from the SWIFT Institute says that will likely not the be the case. According to the paper, “Virtual Currencies: Media of Exchange or Speculative Assets?” SWIFT used a “theoretical model to analyze the dynamic relationship of virtual currency with fiat currency”….

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