The Federal Reserve has resorted to flooding the economy with dollars to curb inflation. According to Forbes, the M2 money supply in April 2021 was $20.11 trillion, representing a 30% increase since January 2020. Too many dollars in the system reduces the currency value. In addition, there is pent-up demand — more money going after…
While DOGE’s price is hovering near the USD 0.30 level at the start of September after rising 35% last month, the Dogecoin team has released its latest update for all users. According to Billy Markus, co-founder of Dogecoin, it’s most useful for miners to download the update because they are the ones who “put transactions…
14-year-old Ishaan Thakur and his sister, 9-year-old Aanya, have set up a lucrative mining operation. Starting with a single computer in a room desk, it is now an entire business that has a rented home and air-conditioned data center in Dallas, Texas. Monthly the two siblings earn over $30,000 mining Bitcoin and other cryptocurrencies. The…
The name DASH obviously indicates speed, but it also stands for “dark cash”. The idea for Dash is to make crypto an analog of cash money, both in terms of simplicity in use and anonymity. The plan, it must be said, is really quite ambitious, considering how other truly anonymous cryptocurrencies (e.g., Monero) mostly focus…