Speechwriter for Former US President George Bush Says BTC Rally Driven by ‘Hi...

Speechwriter for Former US President George Bush Says BTC Rally Driven by ‘Hi...

A speechwriter for former U.S. President George W. Bush and a bitcoin critic, David Frum has claimed that the low-interest rates are fueling the crypto asset’s rally. Frum suggests that the crypto asset might experience a “fast and deep price crash” if and when interest rates start to rise. Institutional Interest in BTC In comments made via Twitter, Frum, who regurgitates the BTC mining inefficiency claims, also attacks the crypto asset’s store of the value proposition. He states that of “all the pro-bitcoin arguments, surely the worst is the store against....


Related News

Blockchain for President: How It Can Disrupt US Voting Machine

With the 2016 United States presidential election looming just over the horizon, some of us now turn our thoughts to the process by which we will make our voice heard on November 8th, the process by which we will cast our vote. We’ve heard at the close of the final presidential debate that voting is one of the “honours and obligations of living in this great country,” and as citizens, we want to feel that our vote is valuable. The question is, do we feel certain in the knowledge that our votes will matter? Is our government doing everything possible to ensure that this is the case? 2000,....

Former Director of U. S. Mint: "I Feel Strongly About the Promise of Cryptocurrencies"

Edmund Moyis one of many new faces that is supporting the cryptocurrency movement. It's Mr. Moy's past work, however, that makes his presence among us interesting. From 2006 through 2011, Moy served as the 38th Director of the United States Mint, nominated by President George W. Bush. And on several occasions now, Moy has spoken in the defense of the interests of cryptocurrency and the cryptocurrency community - actions highly applauded by enthusiasts around the world. Curious about his arrival on the crypto-scene, Moy allowed me the opportunity to ask him a few questions related to the....

Will Bill & Ted 3 Feature Bitcoin, Dark Web?

The news last week that production for Bill & Ted 3 will most definitely begin soon came as welcomed news to the Internet. In 1989, when Bill & Ted’s Excellent Adventure was released, there was no Internet, and George Herbert Walker Bush was President. That’s a long time ago, dudes. Since then, both Alex Winter and Keanu Reeves have had illustrious careers. Reeves, of course, starred in the super trippy Matrix Trilogy – a science-fiction film just like Bill & Ted’s. In the original film, both Bill and Ted have dreams of becoming rock stars like Iron Maiden. For Reeves, in real....

George Ball Says Crypto Is Effective Hedge Against Currency Debasement as US ...

The chairman of investment firm Sanders Morris Harris, George Ball, says cryptocurrencies are an effective hedge against currency debasement. In addition, he says that cryptocurrencies are attractive as a small part of portfolios. George Ball Advocates for Crypto as Hedge Against Currency Debasement George Ball talked about bitcoin and other cryptocurrencies in an interview with Yahoo Finance last week. He described two main reasons why cryptocurrencies are now ideal targets for investment by wealthy individuals and institutional investors. Ball is currently the chairman of investment firm....

From 'not money' to 'staggeringly great': what US Presidents have said about ...

"I don't have Bitcoin, and I'll never ask you to send me any," said Joe Biden. In recognition of Presidents’ Day, Cointelegraph is taking a look at the remarks of current and former leaders of the United States regarding crypto and blockchain.One of the earliest presidential adopters, Bill Clinton reportedly received his first Bitcoin (BTC) in 2016 — more than fifteen years after his two terms in office. Though the Democratic U.S. President accepted the crypto asset gift from venture capitalist Matthew Roszak, seemingly with a smile on his face, he has been largely silent on the ecosystem.....