When the cryptocurrency craze hit the world, currency regulators – Central Banks around the world – feared that their worst fears had been actualized. A currency they had no control over had been created, giving people an alternative to fiat currencies. As cryptocurrencies gained increasing popularity in countries around the world, especially populous ones like…
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A financial revolution is underway. Tesla cars can now be purchased with bitcoin and prominent investment managers are including cryptocurrencies into their portfolios. In another landmark moment in cryptocurrencies making history, the biggest US cryptocurrency exchange– Coinbase (COIN)- went live with its direct listing on Nasdaq. You can say Coinbase took the revolution to the…
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Cryptocurrencies are drawing more attention – especially from high-profile techies like Elon Musk – than in previous years. The most recent is Tesla’s $1.5bn bet on Bitcoin, a cryptocurrency its CEO (Musk) once likened to fiat money (value is largely based on the public’s faith in the currency’s issuer, usually a sovereign state or central…
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