You are here

Kindle

Are The Banksters Creating Their Own Cryptocurrency Called "Utility Settlement Coin"?

Authored by Michael Snyder via The Economic Collapse blog,

Independently-controlled cryptocurrencies such as Bitcoin, Ethereum and Litecoin may or may not survive in the long run, but blockchain technology is definitely here to stay. 

This technology has revolutionized how digital financial transactions are conducted, and it was only a matter of time before the big boys began to adopt it.  Previously, I have written about how the Washington Post is hyping something known as ‘Fedcoin’, but Fedcoin does not yet exist.

Bitcoin Bounces Back Again - Beginning Of The End... Or Bump In The Road?

Bitcoin Bounces Back Again - Beginning Of The End... Or Bump In The Road?

A crypto-Christmas miracle? Bitcoin is now unchanged from the pre-Friday bloodbath, having scrambled higher for the last 24-48 hours as much of the world enjoyed a day off.

 

The entire crypto space is rallying once again today but the question remains, is this another dead cat bounce on the way to 'zero' or is Tom Lee, John McAfee, and Mike Novgratz right, this is a bump in the road to $40k and beyond...

 

Un-Merry Christmas: The Perverse Incentives To Over-Consume And Over-Spend

Un-Merry Christmas: The Perverse Incentives To Over-Consume And Over-Spend

Authored by Charles Hugh Smith via OfTwoMinds blog,

Isn't it obvious that if we set out to design the most perverse, toxic and doomed system possible, we'd end up with the Keynesian Cargo Cult's insane permanent growth/Landfill Economy?

Few topics are off-limits nowadays: the personal and private are now splashed everywhere for all to see.

Pages