We may not guess what markets will do next month or next year, but over the decades, it is pretty clear that they’ll grow. For most of us, it’s also getting harder to imagine a future without cryptocurrencies. Here are some experts’ views on what digital coins will look like decades from now. CNBC asked…
Sam Altman, the former president of Y Combinator, is working on a new cryptocurrency project. The token called Worldcoin will be distributed to everyone on Earth in exchange for their eye scans. The futuristic idea already has attracted many backers in Silicon Valley, including VC investment firms Andreessen Horowitz, Day One Ventures, and LinkedIn co-founder…
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…
Cryptocurrency is slowly tending from being a marginal idea backed by crypto enthusiasts to a solid alternative asset class held by many respectable U.S. institutions. And the speed of this transition is growing day by day, as noted by Benzinga. The current moment is interesting in that the common belief was that governments would be…
The emerging markets are hurry to embracing opportunities of the digital economy. After El Salvador becoming the first country has given a legal tender status to Bitcoin, a number of countries want to follow, writes Paul Opoku for Bitcoin Magazine. Latin American neighbors to El Salvador, such as Panama, Argentina, and Paraguay, have started a…
U.S. Congressman Bill Foster has suggested that laws must allow federal courts to identify digital-asset holders and reverse blockchain transactions in Bitcoin and other digital currencies. But it’s doubtful that many crypto investors would like that policy. Speaking at a virtual event hosted by Axios on June 29, Bill Foster, U.S. congressman and Democratic Rep…