Jamie Bartlett's gripping look at the schematics and psychology of a scam ANDREA O'SULLIVAN | FROM THE AUGUST/SEPTEMBER 2022 ISSUE Newcomers to bitcoin sometimes dismiss the cryptocurrency as a pyramid or Ponzi scheme. The OneCoin scam shows what it really looks like when a fake blockchain serves as cover for a multilevel marketing [...]
If Europe really cared about e-waste it would stop mandating inefficient products. ANDREA O'SULLIVAN | 6.17.2022 8:05 AM After ten years of hard work to try and promote innovation and consumer welfare, the European Union has revealed its bold plan: to force device manufacturers to use a single charging standard. The Eurocrats are [...]
It’s one of many anti-cryptocurrency policies emanating from the Empire State ANDREA O'SULLIVAN | 6.14.2022 8:30 AM Big governments have many reasons to oppose sovereign monetary technologies like bitcoin. The existence of a permissionless money network provides escape hatches for these states' many levers of centralized control. It is not surprising that [...]
Millions of lower-income or unbanked people are more likely to use cryptocurrency as a payment method. ANDREA O'SULLIVAN | 5.31.2022 8:30 AM Who actually uses cryptocurrency, and why? A new report from the Federal Reserve shows that for some, digital currencies like bitcoin can be a real alternative for those who [...]
The Department of Labor and Sen. Elizabeth Warren have strong opinions about Fidelity’s new 401K option ANDREA O'SULLIVAN | 5.10.2022 8:30 AM Bitcoin has emerged as an attractive savings option in a time of creeping global inflation and general uncertainty—to say nothing of the situation facing the stock market. Like gold, this scarce digital asset [...]
Proposed EU rules would be equivalent to tracking all cash transactions As inflation and economic disruption increase around the world, ostensibly stable governments look to increase controls on cryptocurrency. In particular, states loathe what they call "unhosted wallets," meaning cryptocurrency that is totally owned and maintained by an individual, as [...]
Cryptocurrencies are not the threat to U.S. financial power the elites want to present. Sen. Elizabeth Warren, that crusader against big banks, is no fan of bitcoin. Whether because of the environment, the economy, or most recently: international sanctions against Russia, the self-styled protector of the little guy does not [...]
The president's anticipated executive order stopped short of feared regulations but suggests federal unease with uncontrolled development. One of the surest fire ways for a government to look like it's doing something is to commission a report. President Joe Biden's hotly anticipated executive order on cryptocurrency released last week was chock full [...]
The government controls on the traditional banking system also apply to custodial cryptocurrency services. Things are getting pretty wild up in Canada. While other countries are removing their COVID restrictions, our neighbors to the north have decided to invoke emergency powers to seize the bank accounts of those who oppose lockdowns and mandates. [...]
The Olympics are here again! So soon? It's not your imagination: the 2020 games in Japan wrapped up in 2021 due to COVID postponement. And speaking of COVID, the 2022 games are in China. The Chinese Communist Party is certainly hoping to spiff up their image after these bruising past [...]
