I recently had a fascinating chat with the economist Peter Šurda to discuss how nonpolitical cryptocurrencies like bitcoin could alter the future of fractional reserve banking. The debate between the full reserve bankers and the fractional reserve bankers is an old one and it has been...
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After reaching a new all-time high just three weeks ago, the Bitcoin ecosystem has since weathered a security breach and a software “glitch” that resulted in what some have labeled a “flash crash.” Hackers were able to swindle $12,480 worth of bitcoins from BitInstant, a company that ...
Finalmente:una diferencia que no he visto nunca comentada, pero que tiene cierta importancia, y que no es fácilmente arreglable surge de la teoría del capital. Del hecho de que el capital sea generalmente heterogéneo y en ocasiones difícilmente reconvertible. Reconvertir a otros usos ...
The move — a first in the three-year-old European financial crisis — raised questions about whether bank runs could be set off elsewhere in the euro zone. Jeroen Dijsselbloem, the president of the group of euro area ministers, declined early Saturday to rule out taxes on depositors in...
This news could start a chain reaction with several dominoes falling. Imgagine how much a single Bitcoin would be worth and how much momentum Bitcoin would have gotten if it had been developed in 2006 and had been established by the time the financial crisis of 2008 rolled around. Nex...
BRUSSELS — Cyprus reached a long-awaited bailout agreement early Saturday that puts some of the burden for shoring up the island’s beleaguered economy on its bank depositors. The most contentious issue in months of negotiations was whether to force Cypriot depositors to take losses in...
Suomalaisyritys aikoo tarjota työntekijöilleen mahdollisuuden ottaa osan palkastaan virtuaalirahana eli bitcoineina. Yrityksen mukaan kokeilun takana on kiinnostus uusiin asioihin. - Se on valuutta siinä missä muutkin, mutta ero on se, että se ei ole kenenkään kontrolloima valuutta. S...
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I love how the reporters call it "taking a haircut" when the government simply decides one day to take people's money. I'd love to see this turned into a poster for Bitcoin, a big creepy government barber, maybe Uncle Sam as a barber, shears at the ready, creepy smile, standing behind...
