Bitcoin Is A New World Country
Bitcoin’s enforceable signature verification creates new possibilities for seamlessly and privately expressing ownership of bitcoin to another counterparty.Sam Abbassi is Founder and CEO of Hoseki, the proof-of-assets Bitcoin service.De Soto Dreams Of Electric MoneyCountries in the Global South are not poor because of culture, collective IQ, a lack of entrepreneurial spirit or market orientation; they are poor because they lack formal frameworks around property rights. Hernando de Soto discusses these topics at length in the “The Mystery Of Capital.” The ability to formalize and express....
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Sweden has plans to become the world's first Cashless Country. The European country says that cash is becoming increasingly falling into disuse. Sweden is trying to become the world's first cashless society. This has been highly motivated by the IT industry in the country which as seemingly helped the country to crackdown on a series of organised crime institutions. It seems that the new P2P payment systems and payment mobile systems have been revolutionizing the way people use their money. The latest advancements on several financial technologies, including bitcoin, have led the country....
The idea of becoming e-citizen of a specific country sounds very appealing to lots of people. However, there is only one country offering such a service right now, which is Estonia. While it may seem strange for a former Soviet Union country to be one of the frontrunners in terms of e-citizenship, there is still a lot of work to be. But one thing’s for....
Venezuela has been listed as the third country with the most cryptocurrency adoption in the world by Chainalysis in its 2020 report. With its citizens coping with crippling inflation and losing purchasing power, the country has taken a turn for these assets to survive. But what are the real numbers behind this crisis that made Venezuelans change their whole way of living? How Venezuela Adopted Crypto: The Numbers It is a popularly known fact that Venezuela is one of the countries that have adopted cryptocurrency with the most force in LATAM. This was corroborated by Chainalysis in its....
Deliberately insufficient policy responses by successive Lebanese governments combined with the self-serving agreements by politicians are largely to blame for the country’s economic crisis, a report by the World Bank has said. The report concludes that the country needs to seriously engage “in the macro-fiscal, financial, and sector reforms the World Bank has been stressing for decades.”
Politicians Defending ‘a Bankrupt Economic System’
In its latest report on Lebanon’s economic situation, the World Bank asserts that the Middle East....
India is one of the emerging global economies. The country's statistics are mind-boggling. To give you a preview of it: India is the second largest country in the world in terms of population. The median age of the Indian population is 27 years (in other words, we are looking at a huge productive workforce). India is the tenth largest economy in the world and it is gradually climbing up the list. It is the world's third largest economy in terms of purchasing power parity. It is again in the third position among the largest economies in Asia. The country has close economic ties with three....