You might think I’m a bit a crazy to even suggest bitcoin as a potential ‘haven’ asset. Bitcoin is very risky and there’s lot of uncertainty about its future.
US officials are looking at Facebook’s cryptocurrency, Libra, and can only see one thing. Danger! What about the consumers?
Maybe you’ve heard ‘Libra’ in the news recently? It’s a crypto, created by Facebook and backed by many more billion-dollar companies, which could be the first step towards a new form of money.
Each year, anyone can bid for a three-hour lunch with the Oracle. This year, the lunch with Warren was worth US$4.6 million to someone…That someone was crypto tycoon, Justin Sun.
On 14 January 2019, an unknown person or group of people successfully penetrated the digital vault of a Christchurch-based cryptocurrency exchange, Cryptopia.
As per the cyclical nature of things, the crypto landscape has slowly begun to tip in a warmer direction. It’s not spring yet, but there’s a definite thaw taking place.
When you talk about ‘crypto’ to the uninformed mainstream, many are instantly dismissive of these ‘magic beans’, ‘tulips’ or ‘pretend internet money’. But boy are they wrong.
New York is a city of transactions, the cabbie told me. I chuckled, took nothing of it and continued making small talk. It wasn’t until I strolled down 7th Avenue that I began to see…
If you keep tabs on bitcoin or have had some loose coins rattling about in your digital wallet, then you’d have been pleased to see that cryptocurrencies are enjoying a resurgence.
Forum chat is about as effective a use of time as Facebook or digging a mud hole in the rain. Nowhere is this more evident than in the world of cryptocurrency.
With bitcoin, we believed it would go mainstream. An alternative to fiat currency that could hold its value like gold. This was an idealistic dream.
Casino gambling isn’t something we’re a big fan of. But it’s interesting that such a risky activity is still being played out in this new wave of cryptocurrency.
The truth is there are a number of things happening in the world now to be worried about. But you can’t let it get you too down. What’s easy to forget is the wonderful opportunities…