It is widely known that the United States Postal Service (USPS) isn't necessarily on the best financial footing since prior to the Great Recession. In fact, things have gotten so bad for the Post Office that it made headlines late last year when it was reported it defaulted on $5.6 … [Read more...]
Japan authorities looking at possible intervention after Mt. Gox implosion
Since the triumphant ascension of the cryptocurrency industry, its proponents have long urged the federal governments and the central banks of the world to stand back, refrain from regulations and just mind their own business. However, things might have changed after Tuesday's … [Read more...]
Why are governments and central banks so quick to dismiss digital currencies
The concept behind competing currencies isn't necessarily a new one. The topic has been debated between the greatest minds in the world, but it was never settled. Today, with the growing popularity of bitcoin (BTC) and the libertarians’ dedication to precious metals, the conversation … [Read more...]
