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Blockchain & Cryptocurrency Con 2018 • February 23-24, 2018

The blockchain technology is much more than Bitcoin and mining and trading cryptocurrencies. It can be leveraged in a wide…

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Tag: money

Forgotten Proceeds from 2014 turns 50 Cent into a Bitcoin Millionaire

Category: Bitcoin, Business, Entertainment, News

Forgotten Proceeds from 2014 turns 50 Cent into a Bitcoin Millionaire

Curtis James Jackson III, better known as the rapper ‘50 Cent,’ has just realized that he is a bitcoin millionaire. He was one of the earliest musicians to be associated with cryptocurrencies in 2014. During the worldwide release of his album Animal Ambition at the time, he was also the first one from the music industry to accept bitcoin payments….

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The Grand Mufti of Egypt Debates Bitcoin’s Legitimacy

Category: Bitcoin, Commentary, News

The Grand Mufti of Egypt Debates Bitcoin’s Legitimacy

In a recent announcement the Grand Mufti of Egypt, Sheikh Shawki Allam, suggested he would be in favor of a ban on cryptocurrency trading. In referring to Sharia law, the moderate Sunni leader cited its capacity to fund terrorist activity and lack of formal backing as reasons for his endorsement. Islamic Finance and Sharia Law The western principles of finance…

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Stamp Monero: An Alternative Marketing Campaign for an Alternative Cryptocurreny

Category: Altcoins, Business, Commentary, News

Stamp Monero: An Alternative Marketing Campaign for an Alternative Cryptocurreny

While many cryptocurrency projects focus on hype and marketing, Monero has worked on getting the foundation right first before engaging in outreach. More than three years after its birth, the community is now undertaking a clever guerilla marketing campaign to spread awareness and encourage broader adoption by individuals. The plan, known as Stamp Monero, is to use ink stamps to…

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Using Bitcoin as Loan Collateral

Category: Bitcoin, Finance, News

Using Bitcoin as Loan Collateral

Way back in the early days of Bitcoin, which was really not that long ago at all, people were grabbing their coins for a couple of bucks a piece, or some super early adopters for less than a dollar each. Imagine that some of those people held onto those coins, all through the ups and downs, and into today where…

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“HODL!” Says Foundation for Economic Education Director

Category: Bitcoin, Commentary, Finance, News

“HODL!” Says Foundation for Economic Education Director

Can you buy a cup of coffee with Bitcoin? If you can, should you? If you own Bitcoin and choose to sit on it and not spend it, are you hurting the economy at large? Are you hurting or slowing Bitcoin’s growth? According to the Foundation for Economic Education (FEE) Director and author of thousands of scholarly articles, no, you…

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The Story of Ancient Bitcoin: A Tale that goes back to the 5th Century

Category: Bitcoin, News

The Story of Ancient Bitcoin: A Tale that goes back to the 5th Century

Bitcoin has been a recent revelation as it first came to prominence in the tech world around the year 2013. Slowly but surely it is no coming into the mainstream, largely as a result of massive price increases in 2017, leading to plenty of headlines and news stories. However, if you decide to dig a bit deeper and delve into…

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Overstock CEO: Not About How High Bitcoin Can Surge But How Low Fiat Can Plunge

Category: Bitcoin, Commentary, News

Overstock CEO: Not About How High Bitcoin Can Surge But How Low Fiat Can Plunge

Patrick Byrne, the CEO of leading electronics retailer Overstock, noted in an interview with Fox Business that the market currently is fixated on the price trend of bitcoin. But, the global finance industry should be more concerned with how low the global fiat currency system can plummet. “The real question is not how high can bitcoin go. The real question…

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Charting J-Coin: Japan’s Government Back Leap Into Digital Currency

Category: News

Charting J-Coin: Japan’s Government Back Leap Into Digital Currency

As digital currencies continue to experience soaring interest worldwide, growing numbers of banks and central governments are strategically positioning themselves to capitalize on its advantages. One recent example is in Japan, where Japanese banks announced plans to introduce a digital currency in time for the 2020 Tokyo Olympics. A consortium of banks, led by Mizuho Financial Group and Japan Post…

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Australian Government May Intensify ‘War on Cash’

Category: Bitcoin, Finance, News, Regulation

Australian Government May Intensify ‘War on Cash’

Australia’s Black Economy Taskforce (BET) has called for a war on cash and has revealed 35 different methods of eliminating cash. The taskforce placed the blame on the consumers for encouraging the use of cash, which is being manipulated and utilized by criminals to fund large-scale fraudulent organizations. In an interview with News.com.au, the Australian federal government’s Black Economy Taskforce…

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Declaring Crypto at the U.S. Border: Say What?

Category: Bitcoin, News, Regulation

Declaring Crypto at the U.S. Border: Say What?

With terrorist activity concerns continuing to escalate, four U.S. senators have proposed legislation that would lead to significantly expanded federal government powers to seize citizen money when traveling to or from the United States. On May 25, a bi-partisan congressional group consisting of Sens. Charles Grassley (R-Iowa), Dianne Feinstein (D-Calif.), John Cornyn (R-Texas) and Sheldon Whitehouse (D-R.I.) introduced to Congress…

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