Throughout history there has always been a dominant currency. As each empire became the new financial capital of the world, their currency became the most prized and tended to circulate around the globe into even the fringe economies that they may ha
It's been a good week for Bitcoin.
The last 3 months have seen Russia's "de-dollarization" plans accelerate.
Ecuador recently passed an economic reform bill which will create a new state-run crytpocurrency.
Overstock.com and its swashbuckling CEO, Patrick Byrne, are hoping to create a new kind of corporate stock based on the computer software that drives bitcoin, aiming to overhaul the stock market in much the same way that bitcoin overhauled how we sto
NSA surveillance controversy centered on U.S. fear that Europe's economic powerhouse will dump the dollar
There are many facets to discussing and understanding the potential role in the world of digital money such as Bitcoin.
If you ever find yourself vacationing in the western Pacific, I highly recommend swinging by Yap Island, home of one of the most bizarre forms of money in history.
New York State has released a first draft of its much-anticipated plan to regulate bitcoin and other virtual currencies, and at first blush, they look like they were written for the 19th century banking industry, ...
Jim Rogers says: "The US dollar is an extremely flawed currency… we have serious problems… and the world needs something else." He goes on to discuss a possible China, Russia, Brazil joint currency that can battle the dollar's dominance and the coop
This morning the New York Department of Financial Services released a draft proposal of how they would regulate Bitcoin businesses.
Instead of using pure mathematics to prevent things like the same person spending the same money twice, Document Coin will rely on personal reputation to keep all transactions in order. And each unit of currency created using Document Coin could have
One can't help but wonder just how concerned the powers that be are becoming when such an esteemed mainstream media outlet as Bloomberg News would deem fit to defend the almighty US Dollar.
Edit: I say accumulate the CHINA YUAN (CNY) methodically, every month and reap the windfall. It's 6.21 to one USD right now. 1 Chinese Yuan equals 0.16 US Dollar
Mexico Looks To Back Peso With Silver: "Would Unleash a Global Power Shift"
China's yuan is a growing force in global finance, more than doubling in use over the past year, according to a new study from the Institute of International Finance Thursday.
TorCoin aims to solve the Tor network shortage of nodes problem by allowing the relay node to mine coins which can then be sold on the free market. It uses a proof of bandwidth concept, instead of proof of work.
Here's your digital-currency lesson of the day, courtesy of a guy who calls himself TradeFortress: "I don't recommend storing any bitcoins accessible on computers connected to the internet."
As the Obama administration continues to alienate almost everyone else around the entire planet, an increasing number of prominent international voices are starting to question why the U.S. dollar should be so overwhelmingly dominant in global trade.
To complete the French triple whammy offensive against the US Dollar French oil major Total's CEO "seeing no reason for the Petrodollar"), French finance minister Sapin says "now is the right time to bolster the use of the euro"
China designated a clearing bank in Seoul for yuan transactions in South Korea on Friday, coinciding with a visit by President Xi Jinping, as Beijing promotes greater use of its currency overseas, AFP reports.
Europe's top banking regulator on Friday called on the region's banks not to deal in virtual currencies such as Bitcoin until rules are developed to stop them being abused.
When the government auctioned nearly 30,000 Bitcoins on Friday, many bidders were looking for a bargain, hoping to buy the virtual currency at a discount and flip it later for a short-term profit.
While numerous massively indebted administrations around the world hope to divert the attention of what's left of their struggling middle class away from its daily impoverished existence and distract it with flashing lights and glitzy animations show
The dollar, and more importantly the petrodollar is in some serious medium to long term trouble.
Extortion letters demand cryptocurrency from pizza parlours
A little over a month ago, when Russia announced the much anticipated "Holy Grail" energy deal with China, some were disappointed that despite this symbolic agreement meant to break the petrodollar's stranglehold on the rest of the world, neither Rus
Crypto-currency regulated same as a dollar
With the Eurozone going to the extreme of negative interest rates and the IMF belatedly revising downwards their expectations of US economic growth, deflation is now the favored buzzword.
We already know that Wall Street manipulates everything (not conspiracy theory, but now open conspiracy fact), but Reuters' Jamie McGeever exposes the ugly chatroom realities....