Looking for "Economy"

Showing 31-39 of 39

tinam • Sep 17, 2021, 4:27 am EDT

Bitcoin Mining Sparks Epic Economic Growth In Rockdale, Texas

In Rockdale, Texas, a small town with just over 5,000 people, a considerable Bitcoin mining initiative is changing the future of a community that has seen better times. In the proper theme of Bitcoin itself, they have taken something old, done, and worn out and turned it into something new and exciting that will keep in step with the future. Rockdale shares a story that many small towns across America share. Some companies have ended their shrewd agreements, subsequently pulling stakes to find another good deal elsewhere. Others have met with their unfortunate demise due to any number of financial downfalls. For

3 minutes

tinam • Sep 13, 2021, 5:59 am EDT

Bitcoin For Big Macs? In El Salvador, McDonald’s Accepts BTC

Since the adoption of Bitcoin as legal tender in El Salvador, the country has dramatically changed, and practically overnight. In one huge turn, you can now buy a Big Mac with Bitcoin in Apopa because McDonald’s now accepts it. That’s right! The fact is that you can buy any meal from any of the fast-food restaurants anywhere in El Salvador because McDonald’s is one of the many merchants now accepting Bitcoin. Just ask Aaron van Wirdum, a cryptocurrency journalist who thought it was a myth: “Just walked into a McDonald’s in San Salvador to see if I could pay for

3 minutes

tinam • Sep 7, 2021, 7:19 am EDT

For Solidarity With El Salvador, ’30for30′ Trend Urges Bitcoin Buy

Today is the day that Bitcoin becomes legal tender in El Salvador. This is huge news that has the world spinning in different ways than it normally does. Governments everywhere should take account and watch the growth that Bitcoin promises. But as for now, there is a huge trend that you can get involved in if you want to show your solidarity with El Salvador. It started when Salvadorian president Nayib Bukele promised to give all Salvadorian citizens a bit of Bitcoin to get things rolling. $30 each, to be precise. via GIPHY Following that gesture, the world has decided

2 minutes

tinam • Sep 3, 2021, 5:56 am EDT

The Revival Of The American Dream Is Coming As Bitcoin Hits Over $50K Again

Bitcoin is literally changing the economies of countries around the world. El Salvador recently joined the list along with the likes of Nigeria, Vietnam, and of course Switzerland. With all of that going on, there is no reason why Bitcoin shouldn’t be a part of the American Dream. When Bitcoin hit $50K last week, it stayed up for a moment and then dropped a few thousand. As we called it, that was the small dip before the surge. It was a great time to buy because I might have said this before, but that would be the lowest it would

3 minutes

tinam • Aug 25, 2021, 11:45 am EDT

Bitcoin Rise Projected By One US Mayor As Feds Keep Stamping More USD

While most politicians are behind the curve in understanding Bitcoin, one U.S. Mayor has a good grasp of the way the digital currency is going. When Jackson, Tennessee Mayor Scott Conger tweeted his predictions, he made it clear what will be at the source of Bitcoin’s consistent growth far into the future. It’s not that most politicians throughout the U.S. aren’t aware of what Bitcoin is. The problem is they keep trying to find a way to straddle it. A recently failed measure in Washington attempted to regulate cryptocurrency, regulations that have, “struck a nerve with supporters of an industry

2 minutes

tinam • Aug 13, 2021, 4:05 pm EDT

Bitcoin To The Rescue, Bringing Hope To Cuban Crisis

The rare anti-government protest in Cuba has been a long time coming. People are hungry. Their homes have no electricity. They are sick and dying. It doesn’t take a financial expert to look at Cuba and know that the system is broken, a system that cannot sustain itself much longer. In the early 90s, when the Soviet Union fell apart, Cuba lost its backup. As the economy deteriorated, the infamous Maleconazo uprising broke out but Fidel Castro was able to squash it early and most Cubans weren’t even aware that it had happened. Today in the day of the internet,

2 minutes

tinam • Jun 22, 2021, 1:33 pm EDT

Buy The Dip! The Advantages Of Bitcoin Outway The Risks…

Whether you’re dialed into the financial world or not, chances are you’ve heard about Bitcoin some in the last few years. Lately, there has been a lot of talk about the cons of crypto in the media as of late, but what about all the advantages of Bitcoin we may be missing out on? Since its launch in 2009, this cryptocurrency has rocked the fintech world, even being hailed as the greatest innovation since the internet itself. But what is Bitcoin, and should you try to get your hands on some? There are a number of advantages of Bitcoin as

12 minutes

johnd • Jun 9, 2020, 1:57 pm EDT

‘Inherently Borderless’; Acting OCC Chief On Crypto, State Licenses & DeFi

Brian Brooks, the former Coinbase legal chief, took office as Acting Comptroller of the Currency (OCC) at the end of May, barely two and a half months after being appointed First Deputy at the federal banking agency. In that time he’s already publicly suggested a federal payments charter for fintech companies, asked state and local governments to consider lifting COVID-19 lockdowns to protect the banking system and published a request for public input on how banks look at crypto. The first proposal might be Brooks’ most ambitious: creating a federal regulatory framework for tech firms offering some services traditionally offered by banks,

johnd • Jul 9, 2019, 1:54 pm EDT

Rising Institutional Investment Setting Standard For Crypto Growth

Financial institutions have begun to enter crypto with a quickening pace, setting the tone for the remainder of 2019 and 2020. What makes these years different from ones prior is the speed of professionalization taking place in the markets, according to our sources. Oliver von Landsberg-Sadie, CEO of BCB – a financial services group with digital asset specialism, drew comparisons on the various bull runs experienced over bitcoin’s (BTC) lifecycle, with the exception given to this year’s fundamental growth. “The 2013 bubble was driven by technocrats and dark web trawlers and the 2017 rally was led by the whims of

5 minutes