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Hard to confiscate & easy to use: Bitcoin is better than fiat money – Keiser Report

1 day ago DieselGasoil Comments Off on Hard to confiscate & easy to use: Bitcoin is better than fiat money – Keiser Report
While the ‘mainstream’ global economy is struggling with deflation and negative interest rates ‘insanity,’ bitcoin seems to be entering the stage as an answer to economic problems, an expert has told RT. “Bonds are a bubble,” Australia-based bitcoin podcaster Stephan Livera told RT’s Keiser Report, stating the same about fiat money and even overvalued stocks. Read More

Hard to confiscate & easy to use: Bitcoin is better than fiat money, expert tells RT

1 day ago DieselGasoil Comments Off on Hard to confiscate & easy to use: Bitcoin is better than fiat money, expert tells RT
While the ‘mainstream’ global economy is struggling with deflation and negative interest rates ‘insanity,’ bitcoin seems to be entering the stage as an answer to economic problems, an expert has told RT. “Bonds are a bubble,” Australia-based bitcoin podcaster Stephan Livera told RT’s Keiser Report, stating the same about fiat money and even overvalued stocks. Read More

CME to start offering options on bitcoin futures early next year

2 days ago DieselGasoil Comments Off on CME to start offering options on bitcoin futures early next year
NEW YORK (Reuters) – CME Group, the world’s largest futures exchange operator, said on Friday it plans to launch options on its bitcoin futures contracts in the first quarter of 2020, giving traders another way to hedge their risk in the cryptocurrency. CME launched bitcoin futures in December 2017 and has signed up 3,300 individual Read More

‘When free speech is under attack, bitcoin is a weapon to resist’ – Keiser Report

3 days ago DieselGasoil Comments Off on ‘When free speech is under attack, bitcoin is a weapon to resist’ – Keiser Report
With fiat currencies losing reliability worldwide, digital coins are changing the public mindset, giving their owners the means to store wealth safely and use the “free money” to exercise other freedoms, an expert tells RT. “Bitcoin changes people, the time horizon changes, people start thinking about the future, long-term solutions, longer legacies due to this Read More

ECB’s Coeure says ‘stablecoins’ pose risks amid resistance to Facebook’s Libra

6 days ago DieselGasoil Comments Off on ECB’s Coeure says ‘stablecoins’ pose risks amid resistance to Facebook’s Libra
FILE PHOTO: Benoit Coeure, board member of the European Central Bank (ECB), is photographed during an interview with Reuters journalists at the ECB headquarters in Frankfurt, Germany, May 17, 2017. REUTERS/Kai Pfaffenbach/File Photo ZURICH/LONDON (Reuters) – A new breed of asset-backed cryptocurrencies such as Facebook’s Libra are untested and pose serious risks, the European Central Read More

Facebook’s Libra in regulators’ sights as ECB’s Coeure warns of ‘stablecoin’ risks

6 days ago DieselGasoil Comments Off on Facebook’s Libra in regulators’ sights as ECB’s Coeure warns of ‘stablecoin’ risks
ZURICH/LONDON (Reuters) – Facebook’s (FB.O) attempt to drag cryptocurrencies into the mainstream with its Libra digital coin met with further scepticism on Monday when an ECB board member said such “stablecoins” posed serious risks. FILE PHOTO: Benoit Coeure, board member of the European Central Bank (ECB), is photographed during an interview with Reuters journalists at Read More

France, Germany blast Facebook’s Libra, back public cryptocurrency

1 week ago DieselGasoil Comments Off on France, Germany blast Facebook’s Libra, back public cryptocurrency
HELSINKI (Reuters) – France and Germany said on Friday that Facebook’s (FB.O) Libra currency posed risks to the financial sector that could block its authorization in Europe, and backed the development of an alternative public cryptocurrency. FILE PHOTO: Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in Read More

France vows to block development of Facebook’s Libra cryptocurrency on European soil

1 week ago DieselGasoil Comments Off on France vows to block development of Facebook’s Libra cryptocurrency on European soil
The French Finance Ministry has deemed Facebook’s Libra digital currency too risky to be authorized for development in Europe. “All these concerns about Libra are serious. I therefore want to say with plenty of clarity: In these conditions we cannot authorize the development of Libra on European soil,” Bruno Le Maire said while speaking at Read More

Switzerland warns Facebook’s Libra it will face extra scrutiny

2 weeks ago DieselGasoil Comments Off on Switzerland warns Facebook’s Libra it will face extra scrutiny
ZURICH/LONDON (Reuters) – Facebook’s (FB.O) Libra cryptocurrency suffered another setback on Wednesday when Switzerland said the proposed payments system could face strict rules that typically apply to banks, on top of tough anti-money laundering laws. FILE PHOTO: Representations of virtual currency are displayed in front of the Libra logo in this illustration picture, June 21, Read More