Bitcoin is Inevitable, say Israeli Politicians and Central Bankers
Writing about the recent Inside Bitcoins conference in Tel Aviv, Coinapult Director Gabriel Sukenik reports that the Israeli tech community has very clearly identified blockchain technology as a crucial tool for future development. Bitcoin was seen as a clear and obvious inevitability, by all parties including politicians and central bankers. "There were speakers from Israeli Parliament as well as the Central Bank of Israel. I remember my jaw hitting the floor when I heard a Central Banker make reference to when Bitcoin becomes systematically valuable, just like the dollar or euro. Not if,....
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Villa available for sale in Bitcoin only, Caesarea, Israel. Are you looking to buy a house with beautiful views? What if you were told that such a house is available and that the prime minister would be your next door neighbor? Well, there is property available in the exclusive area of historic Caesarea in Israel. The owner is accepting only bitcoin for his seaside villa and it doesn't look like it will all be dumped if/when received. The property is located in a quiet, up-market Caesarea on the Mediterranean coast. The villa has seven large bedrooms, five bathrooms, a safe room and an....
Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencies also pose a risk to financial stability. Narrowing the Financial Exclusion Gap The Nigerian and Kenyan central bankers have said cryptocurrencies are too volatile to become an acceptable payment method. The bankers also insisted that cryptocurrencies pose a risk to financial stability, a Reuters report has said. As per the report, the bankers namely, Kingsley Obiora, the deputy governor of....
In the end, this is still positive news coming out of Russia. An official acknowledgment of discussions taking place is better than nothing. A few days ago, news broke of Russia slowly taking a more positive stance toward bitcoin. It even seems bitcoin may gain legal status in the country. However, one of Russia’s central bankers is not convinced the outcome will be so positive. Legal recognition of cryptocurrency is not guaranteed, nor should anyone think otherwise. Cryptocurrency enthusiasts are well aware Russia will not embrace bitcoin all of a sudden. It is good to see the central....
A UBS survey finds that central bankers see benefits in investing in cryptocurrencies like bitcoin. 28% see benefits from cryptocurrency being an uncorrelated asset and “11% would consider it as an alternative to gold.” Central Bankers See Benefits in Investing in Cryptocurrencies Like Bitcoin The 27th Annual Reserve Management Seminar Survey by UBS explores the prospects of cryptocurrencies as investments for central banks. This survey, conducted between April and June, questioned central bankers from close to 30 central banks in all regions globally, UBS explained. According....
Blythe Masters has been ranked #46 in Bloomberg's List of Most Influential People in Finance. She is the only representative of the FinTech industry in this list. List dominated by politicians. The list of 50 most influential people in the world of finance is dominated by politicians. 5 out of the top 6 spots are occupied by politicians of major nations – Theresa May (#1, PM of UK), Donald Trump (#2, US Presidential candidate), Hillary Clinton (#2, US Presidential Candidate), Xi Jinping (#4, Chinese President) and Angela Merkel (#6, Chancellor of Germany) Apart from politicians, central....