Bitcoin As A Reliable Strategic Reserve Asset Faces Criticism from Todd Phillips
Lately, the discussions regarding Bitcoin as a reliable strategic reserve asset have garnered significant interest within the entire cryptocurrency industry due to its potential to serve as a hedge against inflation and economic stability. Even though most people see this as a notable idea, some believe BTC is an unreliable choice for a federal reserve […]
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The well-known Phillips Auction House has announced the company plans to accept cryptocurrency for the first time in a physical art auction set for June 7-8. Phillips will be auctioning a world-famous piece of artwork called the “Laugh Now Panel” created by the anonymous street artist Banksy. ‘Laugh Now’- Phillips to Accept Cryptocurrency at a Banksy Auction in June Whether Banksy likes it or not, his artwork has been tied to blockchain technology and sold for crypto assets in recent times. Additionally, the infamous street artist’s work was even burned after....
On May 18, the auction house Phillips will be hosting an evening sale featuring the work of the American artist Jean-Michel Basquiat. Phillips’ Evening Sale of 20th Century & Contemporary Art will auction Basquiat’s “Untitled, 1982” piece worth an estimated $70 million. According to the announcement, Phillips has revealed the auction will accept ethereum or bitcoin for the artwork.
Phillips to Accept Bitcoin and Ethereum for Jean-Michel Basquiat Art Auction
The renowned art collector Yusaku Maezawa and the 225-year-old auction house Phillips will be....
According to a Forbes report, former President Donald Trump has recently expressed strong support for Bitcoin (BTC), igniting discussions about classifying the cryptocurrency as a strategic reserve asset. In a social media post, Trump acknowledged BTC’s geopolitical significance and warned against policies that hinder its growth, stating that such actions would only benefit China and […]
A blockchain project being developed by MIT researchers gained new attention this week following criticism of its alleged design elements, though the veracity of these claims has been denied by those involved. The inciting incident came on 21st April, when Bitcoin Core developer and blockchain consultant Peter Todd posted what he positioned as "leaked copies" of documents relating to an MIT Connection Science research project called ChainAnchor. In the post, Todd, an expert on threat analysis who has done work with bitcoin and non-bitcoin companies, denounced the project for what....
The recent remarks by leading US presidential candidate Donald Trump regarding Bitcoin’s potential role as a strategic reserve asset for the United States have ignited substantial discussions among policymakers, legal experts, and financial analysts. While Forbes reported on the potential move, it is David Bailey, CEO of Bitcoin Magazine and advisor to the Trump campaign, […]