Wall Street Journal: Digital Currencies Like Bitcoin Will Disrupt Global Finance
The recent drop in bitcoin price has given ammunition to bitcoin skeptics. But this weekend, readers of The Wall Street Journal got a long-term perspective on bitcoin with an essay titled, “The Revolutionary Power of Digital Currency.” The essay sported a dazzling illustration showing of the headline bursting out from an unzipped leather wallet. A side note advised readers the 2,472-word essay by Michael J. Casey and Paul Vigna is adapted from a new book by St. Martin’s Press. The book is titled, “The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic....
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A Wall Street Journal report indicates that the Commodity Futures Trading Commission (CTFC) is looking into whether or not it has jurisdiction over bitcoin and other digital currencies. When asked, acting Chairman of the Commission Mark Wetjen said "We are looking into that," at a conference in Florida. "There's been internal discussion I know at the staff level." Wetjen said that an analysis as to whether or not digital currency is a commodity is "not complete." With proper jurisdiction, the commission would be responsible for establishing some level of regulatory framework in order to....
Bitcoin on Wall street has been the subject of many headlines in 2015 thus far. As bitcoin makes headway in the financial world, the signs are clear, Wall Street is quickly moving in on bitcoin. The Wall Street Journal reports: Amid a slew of deals involving prominent finance and tech companies lie signs that the U.S. business establishment is exploring innovative new enterprise uses for digital currencies. They are making early, tentative bets that the so-called blockchain-ledger technology behind bitcoin might one day transform how banks, businesses and even smart appliances circulate....
Writing for the Wall Street Journal is a great achievement, and having a book published by a major publishing company is even better. Now, authors and major publishing houses are stepping up to a digitally time-stamped etching of published works within the Bitcoin block chain, to stand the test of time. What better way to usher in "The Age of CryptoCurrency" than to record proof of a tome about digital currency within Bitcoin's block chain? Writers and Publishers Entering The Age of CryptoCurrency. The title of the new book is The Age of Cryptocurrency: How Bitcoin and Digital Money Are....
It was not more than three years ago that the establishment icons of the world like the Wall Street Journal and the International Monetary Fund (IMF) were wholly ignoring Bitcoin and the world of digital currency. It is clear that these innovations and financial advancements like Bitcoin’s Blockchain technology cannot be ignored any more. The Wall Street Journal held a twenty-minute Q&A with one of the world’s most powerful financial executives, Christine Lagarde, Managing Director of the IMF, to discuss many topics that affects the economic world we live in. Among the questions posed....
Bitcoin in the Headlines is a weekly look at global bitcoin news, analysing media coverage and its impact. The media seems to have hit on a winning formula for bitcoin coverage. Just when you thought publications might be tired of framing bitcoin as an endless debate, The Wall Street Journal threw a spanner into the works with a prominent feature on the subject in its print version. Still, while the Journal did attempt to put bitcoin in the spotlight, most outlets continue to link the digital currency to less desirable trends. Don't worry, there's been plenty of talk relating to drugs,....