What Venezuelan savers can teach everyone else
"To Venezuelans such wisdom is essential, because when you are coping with hyperinflation, the long term is next week."
"To Venezuelans such wisdom is essential, because when you are coping with hyperinflation, the long term is next week."
"If all goes according to plan, not only will TokenPay and the Litecoin Foundation have a reliable banking partner, they would also transform WEG into an on-ramp for consumers worldwide who want to trade fiat for cryptocurrency or pay for goods and services with crypto."
"Switzerland’s fast-growing cryptocurrency industry could have full access to conventional banking services by the end of the year, removing one of the restrictions to future growth, a top Swiss policymaker has said."
"'Unlike their 18th and 19th century paper [private money] predecessors, VCs are used globally, disregarding national borders,' the report reads."
"The head of the Bank of International Settlements has predicted a bad ending for cryptocurrencies, calling for an end to their production in a recent interview."
"The currency war has arrived. So say some of the best and brightest in the $5.1 trillion-per-day foreign-exchange market."
"'We should prohibit U.S. persons from buying or mining cryptocurrencies,' the California Democrat - whose largest donor is credit card processor Allied Wallet - declared."
"The most telling thing about the entrapment prosecution is the sentencing memo, which blatantly lays out the feds' fear and contempt for any attempt to keep a financial transaction private, whether or not anything inherently illegal is happening."
"At the intersection of programming, economics, cryptography, distributed systems, information theory, and math, you will find Vitalik Buterin, who has managed to synthesize insights across those fields into successful, real-world applications like Ethereum, which aims to decentralize the Internet."
"That the Treasury Department, Federal Reserve, BIS, JPMorganChase, and IMF refuse to answer the questions spelled out here shows that they fear that exposure can beat them."