He once ran for the US President’s chair from Congress and now, Ron Paul is staying as a critic of the Federal Reserve and Quantitative Easing (QE), which the Fed believes to be a solution to a lot of international problems. In a recent interview with Bitcoin Magazine, Paul said that Bitcoin could be a find substitutions to the US dollar which the Fed has turned into a bubble. The fall of USD Ron Paul and the Libertarian party seem to believe that he was partly provided with the foundation for emerging of decentralised digital coins like Bitcoin. Libertarians stand for freedom in all aspects of life and they are sceptical about full trust in governmental authorities. Paul has been a big critic of the Federal Reserve system for a long time, believing that this US Central Bank is pushing the nation towards some serious economic issues. So what happens is USD does fall? Paul claims that Bitcoin would be a perfect alternative to USD and other fiat currencies back by governments. When he was asked on Bitcoin volatility, he said: “Now, we have the digital currencies and I think they’ll follow the same economic laws, but there is going to be a subjective element to it. You can’t deny that there was some subjectivity when bitcoin hit $20,000. But does that mean it’s worthless? No, I don’t think so — things do that. This is new, so it’s going to have ups and downs.” Paul says that with each new QE (when more money is printed), the dollar loses value and so the fiat is designed to be vulnerable to inflation, according to him. With Bitcoin, he said that since it was created over ten years ago, the currency avoids inflation thanks to each ‘halving’ that it experiences. As reported by u.today: “Paul seems to respect the idea of Bitcoin so much, that he even accepted BTC donations for his 2015 US presidential campaign and still does accepts them to fund his political work and that of his son, Rand Paul.”
The University of Tokyo, Toyota and Japanese online renewable energy retailer Trende Inc. plan to jointly conduct tests for a blockchain-powered electricity trading system
It is best that Satoshi remains anonymous even if the community is curious and John mcAfee ready to unveil him, the platform he left behind is invaluable. The post It’s Not Important Who Satoshi Is, Bitcoin (BTC) Is Invaluable appeared first on Ethereum World News.
A massive move during trading in Asia meant that Bitcoin has pulled back from the $8,000 mark and the rest of the market has followed without question. Over the past 12 or so hours, the total crypto market capitalisation has been crushed by almost 5 percent as it lost $12 billion. The altcoins and leading cryptocurrency are still bleeding at the time of writing losing all the progress they have made over the past few weeks. It seems the correction is fully underway. Losing Bitcoin Bitcoin has once again failed to break resistance over $8k for the third time in less than two weeks. As reported by Ethereum World News, the flagship cryptocurrency “started to slide from a high of $7,965 a few hours ago, dropping 4.2% to a low of $7,625 according to Coinmarketcap.com. On some exchanges BTC fell as low as $7,500.” Before we go any further, it’s worth saying that we aren’t financial investors and this isn’t financial advice. Please do your own research before putting your money in a cryptocurrency and always remember to trade safe! The move follows the formation of a double top with the ‘neckline’ just over $7,000. The first significant level of resistance for Bitcoin is $7,400, a fall through that could see it drop to $6,800 and then things could get worse in rapid succession. Josh Rager is a popular trader but doesn’t seem all that to bothered about the current formation as he says: “$BTC still in this condensing formation and held by horizontal supports. Not a lot has changed which shows that you don’t have to stare at charts all day – waiting for that next massive candle. The Formation is neither bullish nor bearish. It’s there to show price is condensing & a volatile move will likely follow.” Going South Altcoins are getting which are all getting smashed at the moment. Ethereum has lost more than five percent as it falls back to $234 and XRP losing just under seven percent with a current price of $0.36.
Making a living as an artist can be challenging. Brokers, publishers, streaming companies, license holders, retailers, lawyers and more all want their cut before the creative value of the artist is acknowledged with a payment. Now, imagine the obstacles faced by an indie artist. Up until this point, the odds have pretty much been stacked against artists who attempt to go it alone, as, more often than not, the fees of dominating intermediaries end up absorbing the already limited cash flow, leaving the artists in a monetarily undervalued and emotionally frustrated position. However, thanks to the transparent, decentralised nature of blockchain technology, indie artists stand a much better chance of obtaining more of the money their hard work has generated. For artists who are operating outside of the major record labels, blockchain technology could be the answer to eradicating third-party intermediaries, by enabling transparency with middlemen payments or, better still, through empowering artists and their fans to transact directly with each other. The unambiguous precision of blockchain technology could be used to track all sorts of metrics, from how often a song is played to divvying up the profit accordingly. Furthermore, pre-negotiated terms between artists, labels and other incumbents could be agreed in smart contracts that operate via blockchain technology, thus eliminating the manual process behind payments, with the introduction of automated royalty payments. As one of the early adopters of blockchain technology and visionaries of its multitude of beneficial uses, Dragon recognises that there is a massive opportunity to revolutionise the music industry, for both established and indie artists. Dragon are pleased to welcome music producer Phil Price De Pasquale into the Dragon Music vertical. You can check out some of the fantastic artists that Phil works with by clicking here and be sure to look out for a more in depth follow up article on this talented producer. Due to payments being required through the use of digital currencies such as Dragon Coin (DRG), the world’s no.1 entertainment coin, which in turn would necessitate familiarity with apps such as the Dragon Social Wallet, it goes without saying that mainstream adoption will take time. Though, when one considers not only the transparency aspect but also the speed, convenience and security of making and receiving said payments, the process of mass adoption is likely to become easier over time. With a host of Dragon Music Ambassadors, including accomplished producer and DJ Motoe Haus and the creator of some of Ibiza’s most popular dance and house events, Zaira Muñoz, actively endorsing Dragon, large audiences are already being reached, and this will only continue as the Dragon Music arm of the company continues to grow. Read the Dragon Blog, the Crypto Daily Dragon section and stay connected on Facebook, Twitter, Instagram and LinkedIn to keep up to date with developments in real time.
CoinTelegraph: Binance’s CZ Seeks Compensation From Sequoia for Alleged Reputational, Financial Damage
Changpeng Zhao is seeking damages from VC firm Sequoia Capital China for having ostensibly hurt his reputation and unjustly prevented him from raising capital
Japan’s financial regulators are getting more aware of the non-stoping growth of crypto thefts, security breaches, etc. in the crypto space. To protect investors and crypto-related people, Japan calls for discussing new rules of crypto regulation at the forthcoming G20 Summit. Read more: The G20 Countries Are Going to Release a Crypto Regulation to Fight Money Laundering According to the Nikkei Asian Review, the Financial Services Agency (FSA) is considering enacting new restrictions and rules so that Bitcoin exchanges confirm their clients’ identities to prevent money laundering and crypto thefts. Moreover, the FSA plans to examine all Japan’s anti-money laundering protocols this fall, as hacking scandals do not calm down. The below picture shows you the recent major crypto thefts. Source: Nikkei Asian ReviewG20 Summit will take place in Osaka on June 28 and 29. Let’s wait and see what decision the most powerful countries will make. We remind you: Japan Released New Rules In Crypto Margin Trading Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/
Cryptocurrency ATMs are a convenient way to get your hands on digital assets without opening an account with an exchange. Here’s how to easily find an ATM supporting bitcoin cash (BCH) transactions near you, wherever you are in the world. Also Read: How to Buy Pizza With Bitcoin Cash Put BCH ATMs on Your Radar […] The post How to Easily Find a Bitcoin Cash ATM Near You appeared first on Bitcoin News .
by Adrian Ash | 23 May 2019 | 06:11 EST Demand to invest in platinum will slash the metal's global market surplus in 2019 according to a raft of analysis published to mark London Platinum Week. The post Platinum Investment ‘Will Slash’ 2019 Market Surplus appeared first on We Study Billionaires.
We have already mentioned that Disney was soon going to launch its own streaming service. Today, it’s time to think about how this would impact Disney’s main competitor in this sphere, Netflix. The Forbes reporter Stephen McBride is sure that Netflix is doomed and it will not survive the competition with Disney. Let’s break down the three main reasons for such an opinion. Netflix was a breakthrough platform that hit cable TV industry really hard, since most people found the streaming service more convenient and switched over. But, as McBride said “Netflix changed how we watch TV, but it didn’t really change what we watch”. Here comes the first reason. When Disney launches its Disney Plus, it will remove all of its content from Netflix. Meanwhile, if we take a look at the list of the most popular movies of this year, including “Avengers: The Endgame”, “Bohemian Rhapsody” and others, we will see that most of them are Disney-made. Dozens of popular movies and TV shows will simply disappear from Netflix. Secondly, subscription to Disney Plus will be 6 dollars cheaper per month than subscription to Netflix. And lastly, since Netflix allocated astronomically high sums of money to content development ($12 billion in 2018) and get itself into debts, it currently owes its creditors around $10.4 billion. Thus, unless Netflix figures something out, in 175 days it will be totally destroyed. We remind you: Disney Is Discussing Acquisition of Two Major Cryptocurrency Exchanges Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/