Price Controls Don’t Work Even Under Penalty of Death
Throughout history, price controls have never been successful in taming runaway inflation. It is impossible to put controls on the bitcoin price.Nico Antuna Cooper is a university lecturer and works in the borderland. He witnesses the cultural opportunities of Bitcoin in both Latin America and the United States on a daily basis.Inflation is reaching a level so high that even mainstream news sites care now. Across the board, the average American is seeing an increase in prices in almost everything. From real estate to groceries to gasoline prices, consumers are getting less for more in....
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An American executive of a Bitcoin startup committed suicide in Singapore early in 2014 due to stress and depression from work and other personal issues. The information was released by the Coroner's Court in Singapore. The Coroner's Court found that Autumn Radtke had been determined to end her life, and had "made concerted efforts toward facilitating this outcome." Prior to her death, Autumn Radtke was the CEO of First Meta, a Bitcoin startup in Singapore. On February 26th, 2014, she plunged to her death from the 16th floor of her apartment block in Singapore. She was 28. "The magnitude....
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The U.S. Security and Exchange Commission (SEC) sued and set charges of 1 million USD as a monetary penalty against Friedman LLP, the former auditing firm of Tether. Although the stablecoin issuer Tether hired the same auditing company from May 2017 to January 2018, the case filed last week does not count it. It has […]