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Malaysian Prime Minister Proposes Gold-Backed Currency, But Why Not Bitcoin?

The Prime Minister of Malaysia has called for the formation of a new currency backed by gold. Dr Mahathir Mohamad believes that a single sound currency in East Asian would help protect economies from manipulation caused by Forex traders. Mohamad…
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North Korea Amassing $670 Million in Crypto Proves US Dollar is Losing

US dollar is not just a currency, but also a weapon. The greenback accounts for 63 percent of the world’s reserves. It is large and liquid; it has a reputation for safety and the rule of law, and its backers have the willingness to run…
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Tezos (XTZ) Earns $43 Million Following Coinbase Announcement, Can It Rally?

Tezos proof-of-stake project’s market capitalization was up 8% since the session’s open this Friday. As of 1109 UTC, the Tezos blockchain attracted $43 million via the sale of its native token XTZ. The coin’s valuation against…
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Vitalik Buterin: “Inevitable” That Ethereum Loses Some of its Lead in Crypto

Ethereum co-founder Vitalik Buterin admitted that Ethereum is losing its lead in the cryptocurrency market. Speaking on the Unchained podcast, Buterin said that losing a chunk of market share was “inevitable and unavoidable” for…
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Here’s What Warren Buffet Misses About Bitcoin…

Billionaire investor and Berkshire Hathaway CEO, Warren Buffet, has once again offered his thoughts on Bitcoin (BTC). Appearing on CNBC earlier today, he stated that his position on the digital currency had not changed. However, the more Buffet…
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A $1 Million Bitcoin: Is It a Reckless Speculation or an Inevitable Reality?

Bitcoin is going to be worth a million dollar. The extremely bullish target is once again trending high inside the cryptocurrency space thanks to Jesse Lund. The IBM executive, who heads the firm’s blockchain & digital currencies…
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Will Bitcoin Block Size Reduction Argument Cause Another Crypto Conflict?

Things have been busy in crypto land this week and the big debate over Bitcoin’s block size has only just been usurped by JP Morgan’s attempt to launch its own completely centralized crypto coin. The block size issue is an important one…
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Financial Advisor: Major Banks are 3,233% More Expensive Than Bitcoin

A financial professional paid $10 to his bank for making more than six saving withdrawals. Later, he admitted that using Bitcoin could have been cheaper. Short the Bankers Pat Chirchirillo, a financial advisor at Philadelphia-based McAdam Financial,…
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Venezuela Denied Access to Overseas Gold: This is Why Bitcoin is Important

As part of an international effort to wrest power from Nicolas Maduro in Venezuela, the Bank of England has denied the nation access to gold deposits stored with the institution. Such instances highlight just why a permissionless store of value…
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Why Facebook Should Not be Trusted With Cryptocurrency

The race to launch the first crypto powered messenger app is heating up. Naturally the internet monopolies such as Facebook are scrambling to be first, but looking at its history it is one of the least suitable to handle decentralized currencies.…