Will bitcoin go the way of MySpace and become the original source for a new and improved technology? The website paved the way for social networks everywhere before being triumphed by Facebook and Twitter. In the near future, will bitcoin meet its demise just to be succeeded by a more … [Read more...]
Is it time to end bitcoin speculation for profit
Since bitcoin inched its way to more than $1,000 late last year, most of the news reports and discussions have been whether or not bitcoin will go to $10,000, how can someone earn money with bitcoin and is it too late to invest in the digital currency. Since most financial … [Read more...]
Nouriel Roubini: Bitcoin is a ‘ponzi scheme’ and ‘lousy’ store of value
One of the most renowned economists in the world, Nouriel Roubini, who is known very well for his bearish standpoint on financial markets across the globe, doesn't seem to be optimistic about bitcoin and the digital currency industry. Using Twitter as his platform to convey his … [Read more...]
PayPal’s new ‘digital wallet’ may accept bitcoin
Is bitcoin (BTC) included in PayPal's proposed 'digital wallet' with 'multiple types of currency'? In the past several weeks, reports have surfaced that indicate that the two companies view bitcoin platforms as potential competitors. According to one report released earlier this … [Read more...]
2014 Canadian federal budget addresses ’emerging risks’ like bitcoin
Canadian Finance Minister Jim Flaherty unveiled the federal budget for 2014 on Tuesday. Although it isn't believed to be a revolutionary or game changing federal budget, the Conservatives revealed plans to tighten rules and regulations in order to combat money laundering and terrorism … [Read more...]
