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 … Continue reading Bitcoin Resembles Failed Currency Experiments, Warns Economics Nobel Winner Robert Shiller

The Battle Between Federal Reserve Presidents and Cryptocurrency

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 … Continue reading The Battle Between Federal Reserve Presidents and Cryptocurrency

Cryptocurrency Prices to Surge in the Near Future, Says John McAfee

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 … Continue reading Cryptocurrency Prices to Surge in the Near Future, Says John McAfee

Cryptocurrency Community Celebrates Eight Anniversary of $82M Pizza Delivery

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 … Continue reading Cryptocurrency Community Celebrates Eight Anniversary of $82M Pizza Delivery