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Unbreachable Privacy through Pristine Transparency — a Paradox

“You got supply and you have the demand. You have the problem and you have the solution. You have the currency of the future.” — Ronald Dacey, “StartUp”Financial market participants and laymen alike — hold onto your hats. //– is awkward, but very poeticTransformative ideas that change the status quo or improve upon existing methods or systems are everywhere. Several digital sparks ha

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Goldman Sachs Still Advises People to buy Gold Over Bitcoin

The financial sector has no love lost for Bitcoin and cryptocurrency. Especially major financial players are trying to keep people away from BTC right now. Goldman Sachs is one of those entities still on the fence about cryptocurrencies. For now, the bank still advises investors to buy gold over Bitcoin. An interesting stance, considering Bitcoin is worth four times as much.The recent Bitcoin pric

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Bitcoin is Much Better Than Fiat Says Billionaire Investor Tim Draper

At the World Knowledge Forum held in Seoul on October 17, Billionaire investor Tim Draper, who has been one of the key angel investors in the Bitcoin and cryptocurrency markets since 2014, stated that Bitcoin and other cryptocurrencies are much better than fiat currencies.In an interview with Bloomberg, Draper stated:“I think [Bitcoin is] neither [a fraud or a bubble]. If you ask me five years f

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Spanish Banks and Technology Firms Launch the Alastria Blockchain Consortium

Blockchain consortia are becoming far more prevalent as of late. While most people know R3 and Hyperledger, there are other ventures to explore as well. Over in Spain, various tech firms and banks have launched Alastria. This non-profit blockchain consortium wants to serve as a national tokenization platform and focus on digital ID.Every country in the world is focusing their attention on blockcha

Industries That Are Nailing Blockchain Already

The cryptocurrency market has been experiencing exponential growth throughout 2017. With Ethereum making the jump from $40 to $320 at the time of writing, and Bitcoin shattering previous records with all-time highs, plus eight other cryptocurrencies with a total market capitalization over $1 bln, the entire ecosystem has reached a market value of over $170 bln.Image: coinmarketcapWhile the value o

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Blockchain-Focused Presentations to Watch at Money 20/20 in Las Vegas

Money 20/20 Las Vegas is only a few days away. The event, to be held on October 22–25, 2017, at the Venetian, will be packed with people from the top tiers of banking and finance looking to learn more about the future of money.One thing is for sure, blockchain technology will play a key role in that future. Since 2014, the financial event, which will attract more than 11,000 visitors this year,

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Demand For Bitcoin in Venezuela is Increasing at an Exponential Rate

Carpe Noctom, a cryptocurrency expert and Altcoin Exchange advisor, revealed that the demand for Bitcoin in Venezuela is increasing at an exponential rate.no coincide that OTC #bitcoin vol #Venezuela rising fast pic.twitter.com/Q2wYdD3SVl— #6kMoku (@CarpeNoctom) October 16, 2017Since June, within a three-month period, the trading volume of LocalBitcoins Venezuela has quadrupled, from around 9 bi

Russian Businesses Urge Government to Approve Only Domestic Cryptocurrencies

Regulation One of Russia’s leading public associations of entrepreneurs has sent a proposal to their government asking them to approve only domestic cryptocurrencies in their upcoming cryptocurrency legislation.Also read: Putin Orders the Issue of Russia’s National Cryptocurrency – the CryptorubleProposal to GovernmentState Duma Building.T

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Bonpay and the Future of Cryptocurrencies as Payment Methods

Whichever bright future that may be predicted for both Bitcoin and Ethereum, their availability as universal payment medium is still under question. The same can be said for other cryptocurrencies. Today, the most common payment options remain to be cash and credit cards. Cryptocurrencies have not yet reached the widespread adoption as a payment method, but they definitely will in the foreseeable

Gold Miner Pivots: Backs Blockchain Company and Starts Mining Bitcoin

Mining A Canadian mining guru, Frank Giustra, has begun mining bitcoin and other cryptocurrencies instead of just gold. He has recently backed a Vancouver Blockchain company, called Hive Technologies Inc., to oversee these mining operations and offer first-ever mining stock options. Also read: Preparing for the Bitcoin Hard Forks: A St

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