Why Bitcoin is Not a Bubble
The internet is replete with people referring to bitcoin as a “bubble.” They are spreading fear, uncertainty, and doubt galore. They believe bitcoin’s high price spells impending doom, but their criticisms move beyond mere skepticism. It seems like they just hate cryptocurrency. Yet many of these pundits do not fully grasp bitcoin…or even economics. Also […]
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Blockchain.info just released a blog post saying they will support bitcoin cash (BCH). They have been monitoring it since the hard fork on August 1. Within the next 8 weeks they will be rolling out limited support for BCH via their settings panel. The panel is situated on the blockchain.info user wallet home page. Also read: A […]
Delaware has passed a bill that legally recognizes the trading of stocks using blockchain technology. Although the state has sought to promote itself as a bastion for blockchain investment, the bill is extremely limited in its scope – leading many to view Delaware’s government as attempting to cash in on bitcoin’s recent boom. Also Read: Bitwage
The IRS intends to lessen the amount of customer data it originally wanted to siphon from Coinbase. Ongoing negotiations between Coinbase and the IRS have yielded concessions on part of the IRS legal team. A trial attorney for the Department of Justice, Amy Matchison, recently said the IRS would narrow their specific data request from Coinbase. Also
Netcents and VISA have announced a partnership to facilitate the direct purchase of bitcoins using a credit card. Also Read: Cryptocurrency Hedge Funds Outperform Rivals Netcents Have Announced That They Will Be Partnering With VISA to Allow Customers to Purchase Bitcoin Using a Credit Card Netcents are a wallet service provider and payment processor that