BitcoinAndrius Vaškevičius

Bitcoin
Bitcoin Resembles Failed Currency Experiments, Warns Economics Nobel Winner Robert Shiller
The renowned economist Robert Shiller, who has been awarded the Nobel Prize for the empirical analysis of asset prices, has expressed a negative sentiment towards cryptocurrencies once again. Having claimed that bitcoin is an “amazing example of a bubble” and adding that “there was no question about it” as early as January 2014, he took another swipe at virtual currencies, saying that they are going down a similar path, paved…
The Battle Between Federal Reserve Presidents and Cryptocurrency
Bitcoin
The Battle Between Federal Reserve Presidents and Cryptocurrency
The President of Minneapolis Federal Reserve, Neel Kashkari has said the most horrid things about the cryptocurrency industry. Using words such as ‘unregulated chaos’ and ‘escalating fraud’ which had got the audience at Bay College in Michigan thinking about the negativity of cryptocurrency. Neel Tushar Kashkari is an Indian American banker and politician who is the President of the Federal Reserve Bank of Minneapolis. He has vast experience in the…
Cryptocurrency Prices to Surge in the Near Future, Says John McAfee
Bitcoin
Cryptocurrency Prices to Surge in the Near Future, Says John McAfee
The outspoken businessman, digital security expert and crypto advocate John McAfee believes that virtual currency prices are about to rebound from the recent slump and increase in the coming months. Despite the fact that crypto markets took another beating yesterday, with bitcoin dropping below the $8000 mark, he believes a change in fortunes is just around the corner. McAfee’s reasoning behind the supposed crypto upturn adds to the growing chorus…
Cryptocurrency Community Celebrates Eight Anniversary of $82M Pizza Delivery
Bitcoin
Cryptocurrency Community Celebrates Eight Anniversary of $82M Pizza Delivery
Today, May 22, marks the eighth anniversary of the so-called ”Bitcoin Pizza Day”. It serves as a reminder of May 22 of 2010, when a Bitcoin user for the first time purchased two pizzas using the virtual currency. This pizza would today be worth the astronomic sum of $82M. However, the cryptocurrency community has shown both support and admiration for the transaction, since it helped break new ground and was…