Prominent Bitcoin political advocate Senator Cynthia Lummis (R-WY) moved this week to introduce a bill that would establish a strategic Bitcoin allocation to Federal government reserves, as an additional store of value to bolster America’s balance sheet.
Advocates of Central Bank Digital currencies tout the efficiencies, “financial inclusion” and liquidity that can be unlocked via “programmable” capabilities of the new form of money.
Regarding what just happened at the world’s largest annual Bitcoin gathering, the children’s tale “Goldilocks and Three Bears” comes to mind.
If prior votes and clearly stated policy positions mean anything, there will be a substantial difference regarding the future of crypto and a potential CBDC in the U.S., depending on the outcome of election 2024.
Not content to trust your free speech to a centralized “web 2.0” social media platform?
Problems with core Electric Vehicle lithium battery technology lie at the heart of two recent stories underscoring our 2024 Top Trend, “EV GO FU.”
Call them both survivors. Bitcoin is again picking itself up off the floor of a recent 20 percent price crash.
It won’t be the last say in the matter, but an Illinois court has bolstered the case for many cryptos to be classed as commodities, not securities.
In 2009, the pseudonymous Satoshi set Bitcoin into motion. He would quickly disappear into the ether, relinquish all control of the project, and never be heard from again.
The notion put forward by some that the Biden administration was starting to see the light surrounding the benefits of crypto technology, and was changing course in its years long war on the sector, just had a brain freeze.