A Digital “Fedcoin” May Be Coming… And It Would Be Terrifying
Cryptocurrencies are based on blockchain technology that allows for de-centralized peer-to-peer transactions to take place outside the government-controlled banking system. Backers of cryptocurrencies such as Bitcoin tout their privacy advantages and resistance to...
Billionaire Ayre Doubles Down on Bitcoin SV Bet – but Slams “Digital Gold” Thesis
Calvin Ayre is doubling down on his biggest bet yet: in Bitcoin SV (BSV), a variant of the popular digital currency that he believes has the bandwidth to backstop a global payments system. The Bodog gambling brand founder claims that BSV is more in line with the...
The Fed Just Revealed Plans for a Digital Dollar Replacement
Thanks to the Federal Reserve, the idea that you can go into a store and anonymously purchase something with cash might soon be obsolete. Why? Because they’re developing something called Fedcoin, which would be based on blockchain technology. If you’re unfamiliar...
‘Digital Gold’ Label Shifts as XRP Correlation to Gold Outpaces Bitcoin
TDC Note – Here is the difference between “digital gold” and physical gold. Here is an image of “digital gold”. Reminds me of some of the stuff I used to see when taking LSD or mushrooms. Doesn’t really remind me of gold. Here is an image of a person holding physical...
Gold Has Been a Top Performing Asset. Why Did Investment Advisors Miss the Boat?
Gold prices, which continue to bounce near the USD $1,600 per ounce level, are at record levels in dozens of currencies. However, they continue to trade about 20% off their all-time highs in U.S. dollar terms. Yet the yellow metal has been one of the top-performing...
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