In 2017, during the first real crypto boom, it seemed we were on the verge of mass acceptance of cryptocurrencies and their widespread use as a payment means would begin. But this has not happened yet – although there has of course been some progress. What else needs to be done? A question I hear…
Central bank digital currencies (CBDC) are a promising tool that will enable people to make payments quickly, inexpensively and without intermediaries. That is precisely why now the central banks of the world’s leading countries are conducting research and development, making plans to create their own digital currencies. However, the process doesn’t look particularly fast-rolling yet:…
Bitcoin Cash ABC (BCHA), the cryptocurrency that has hard-forked away from both Bitcoin and Bitcoin Cash, has rebranded to “eCash” (XEC), as well as redenominating its token and launching a Proof-of-Stake (PoS) consensus layer. Bitcoin Cash ABC, the cryptocurrency born from several hard forks, has now relaunched as “eCash” and launching a Proof-of-Stake (PoS) consensus…
Even though Bitcoin remains the world’s leading cryptocurrency by market capitalization, it has not always lived up to its promise of serving as digital cash. Instead, BTC is a store of value and speculative asset above anything else. Other currencies can take their place as leading digital cash as competition continues to heat up in…
A wave of attacks by financial regulators from different countries on the largest crypto exchange, Binance, has swept the world. Although they began in early spring, the most serious incidents occurred over the last few days and weeks. From the outside, it looks as if the actions are coordinated, although that is yet impossible to…
Decentralized finance (DeFi) has at this point become such a significant part of the crypto world that it simply can no longer avoid the attention of various regulatory bodies. On the other hand, government regulators still cannot even deal with conventional cryptocurrencies. And since DeFi is much more difficult to figure out, it would be…
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