Posts with tag cryptocurrency

China Preparing World's First National Digital Currency

James Corbett, February 15 2017

...the rest of the world is not that far behind. They are going to be watching the PBOC's grand experiment very carefully to see how the population goes along with it, or what kind of resistance is offered.

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Why Governments Are Trying to Clamp Down on Bitcoin

James Corbett, February 18 2017

Bitcoin exchanges will continue under increasingly burdensome regulatory restrictions, but setting up accounts and transacting with others via exchanges will eventually be more time-consuming and annoying than setting up a bank account.

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What You Need to Know About Venezuela’s New Cryptocurrency

James Corbett, February 24 2018

So, what are we left with? A state-issued scam coin that is not "backed by oil" but by the government's willingness to accept it for taxes and "services". It will help Venezuelan tax collectors track down every transaction in the country's digital economy.

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3 posts with tag cryptocurrency online