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Japan’s central bank is currently planning to back a scheme that would permanently kill off cash. Using blockchain technology, the J-Coin is now under development by Japanese bankers. The J Coin has the blessing of financial
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Riksbank, Sweden’s central bank, is taking a serious look at Bitcoin. As cash use plummets and the amount of currency in circulation dwindles, central banks are looking to cryptocurrencies as government-backed money. In
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The last couple of weeks have seen a virtual bloodbath in cryptocurrency trading with the majority of all publicly traded digital coins and tokens experiencing losses ranging from 20% to 98%. The carnage began when rumors
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With the advent of crypto currencies came an entirely new marketplace that was nonexistent just a decade ago. And as with all new things, once the market started adopting blockchain technology like Bitcoin, everybody wanted a
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Last month Alt-Market.com founder Brandon Smith warned that Bitcoin may not be all that it’s cracked up to be in terms of its purported anonymity: For years, one of the major original selling points of bitcoin was that it
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The crypto currency sector has been on a meteoric rise in recent years, with some “coins” seeing gains of thousands of percentage points for early investors. With interest building and new platforms for novice users that make
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If you were aware of bitcoins seven years ago, you were probably mocking the idea of a cryptocurrency. After all, who would pay money for useless digits on a screen? But don’t feel too bad about not buying bitcoins when they
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I have always thought there should be another currency besides the dollar, which has become nothing more than fiat money. Gold and silver are historically stable money that holds their value (when they are not being
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Proving once again that our elected representatives appear to have absolutely no clue, we turn to Democrat Idaho House Minority Leader Mat Erpelding. The Sound Money Defense League reports: The Dunning-Kruger effect is the
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In a push to advance real, solid, constitutional money, two states have passed bills that treat gold and silver as money and remove state capital gains taxes on the precious metals. First, the Arizona Senate Committee passed