The Inconvenient Truth Of Bitcoin
Bitcoin promotes a better society that depends upon personal responsibility more than anything else.A better society depends upon personal responsibility more than anything else. Without personal responsibility, we cannot expect anything other than what we've already got.Bitcoin is not a political manifesto. And it's certainly not a self-help book. It's a computer protocol designed to perform a specific function. But Bitcoin does offer commentary on our current situation, because it did not emerge within a vacuum. It emerged as a result of the global mess we currently find ourselves in. If....
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A new survey has found that consumers believe bitcoin to be more inconvenient than traditional payment methods such as credit cards and checks. Conducted by prepaid and gift card product provider Blackhawk Network in April, the poll canvassed 1,000 US consumers, questioning them about their sentiment toward both traditional and emerging payment methods. In total, 18% of respondents reported using alternative payment methods such as Apple Pay, Samsung Pay and bitcoin within the last year. Sixty-eight percent of these consumers indicated they used the products more than they did in 2014.....
The co-founder and former CEO of Bitmex, Arthur Hayes, has published a new blog post concerning the current state of cryptocurrency markets. Hayes says currently there’s an inability to recognize the cyclical nature of markets and the “inconvenient truth” that is crypto is now moving in “lockstep” with market equities. Hayes expects the Nasdaq 100 (NDX) to experience a significant 30% to 50% drawdown and leading crypto assets like bitcoin and ethereum to drop in value too, amid a great deal of stock market carnage. While the Long Term Crypto Market....
As we progress into the future, the necessity for Truth remains the requisite base upon which all else must be built.
Bitcoin returns the world to a state of truth, which will have incredible ramifications on the feedback mechanisms we exist under.
The Truth about Bitcoin is... Well, it depends, you see. It depends on where you stand in relation to Bitcoin. If you're an orthodox central banker, the truth about Bitcoin is an erosion of power. To a politician, Bitcoin is a meme and a fad to be taken advantage of, and most importantly, it represents cheap and easy campaign donations - to hell, for now, with its revolutionary core. To journalists (those in the know, anyway), Bitcoin is the hot topic of our time. The journalistic truth about it is that Bitcoin generates story after story, day after day: crazy stories of mindblowing....