Is the end of fiat currencies on the horizon? According to Deutsche Bank strategist Jim Reid, the collapse of paper money has already started. This collapse has been backed, in his view, partly by the spread of cryptocurrencies. Reid believes that the abandonment of the gold standard by President Richard Nixon in 1971 created a…
Those who view Bitcoin as revolutionary will most likely look at its financial implications. Yet, as noted by Cointelegraph’s Amelia Tomasicchio, Bitcoin’s Blockchain technology shows plenty of potential for upgrading the current standards of security and data management in other industries. Healthcare is one industry where Blockchain tech has already been making strides. It is…
The stock market might be undergoing a big surge, but one group of investors is unconvinced that it can continue and continues to seek out alternate acquisitions. According to Cointelegraph’s Darryn Pollock, the traditional status of stocks and bonds is precisely what makes them unattractive investment options in the eyes of millennials. Brought up in…
Bitcoin was recently dealt a setback when China became the first country to make an official move against the currency and ICOs (initial coin offerings) when it shut down numerous exchanges. The move was so significant that it led many to wonder whether Bitcoin could sustain the setback. China’s efforts to halt trading between Bitcoin…
