Failing Wars of Dollars: The Bitcoin Price to Come
In the beginning, there was Fiat, and Fiat was government. Through fiat, all things are priced. Dollars, it turns out, are blasphemy. "Just get Congress to pass a bill authorizing the printing of full legal tender treasury notes . . . and pay your soldiers with them and go ahead and win your war with them also." All government law is fiat. Fiat is a decree. When used for currency, it is a recognition of the value of paper and ink by law. Governments officially recognize a sovereign currency as legal tender and accept payments of debt only in that currency. Fiat also gives the government....
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StarColl set to list a private Star Wars nonfungible token collection on its marketplace. StarColl, an NFT marketplace and collection exclusively dedicated to one of the largest private Star Wars memorabilia collections, is set to list digital twins of its catalog.According to an announcement on Tuesday, early registration will begin on May 4 — “Star Wars Day.”The Star Wars collection will feature over 800 limited edition collectibles from the iconic sci-fi movie franchise released as nonfungible tokens on the StarColl marketplace. Each StarColl NFT is a digital twin of an actual physical....
Is Bitcoin failing as a new currency? It's never said outright, but it is implied, inferred, or subject to innuendo. The rhetoric is coming from many of it's earliest and most ardent supporters in the corporate world, but are they right? Are they just being impatient that it is not growing fast enough for the demands of their stockholders? Are they mismanaging their business plan, being dependent upon Bitcoin's US dollar value? Do they have a point? Is Bitcoin itself the problem? Is Bitcoin failing, or are we failing Bitcoin? First, let's review the rhetoric, which has gained momentum over....
The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said due to the prosecutor’s inaction, more victims are losing millions of dollars to the fraudsters.
Prosecutor Refusing to Take Action Against Ruja Ignatova’s Mother
A lawyer representing victims of the Onecoin bitcoin Ponzi scheme, Jonathan Levy, has suggested that the criminal scheme’s masterminds may be getting protection from the Bulgarian chief prosecutor, Ivan....
Star Wars tops entertainment headlines as the perennial favorite gets a thumbs-up from audiences around the world. As a cultural phenomenon with an international audience its record-breaking ticket sales comes at a time of diverging global social mood. Bitcoin’s prospects amid the current mood trend are examined. At the time of writing (Dec 25), Star Wars: The Force Awakens has generated $765mil revenue from worldwide tickets sales after a two-week run in theaters. Although worldwide sales are not setting any record, the movie will release in China during January 2016, and combined with....
Bitcoin price is failing to make new highs, and the price slam-downs are similarly failing to generate sellers’ participation to new lows. Much like every day during the past week. Yesterday’s wave down was strongly supported by buyers at 2580 CNY (BTCC) and $388 (Bitstamp) – and this is exactly where price has returned to around 15h00 UTC today. The succession of lower highs and persistent return to an up-sloping supporting Fib line has created a contracting triangle price pattern in the chart (blue annotations). The CNY exchanges – particularly BTCC – seem to be regularly reverting to....