Unrestrained by national interests, unaffected by global events, cryptocurrency offers a financial resource that offers much in the way of benefits for the future. According to futurists, those experts who look forward and make judgments based on how they see society evolving, cryptocurrency will replace all other forms of currency by 2030. Yet the question […]
The central bank of Pakistan, i.e. State Bank of Pakistan, ended months of neutral stance by formally issuing a notice on Bitcoin &/or Virtual Currencies. In a Banking Policy & Regulations Department (BPRD) Circular # 3 of 2018, State Bank of Pakistan has officially put a Prohibition of Dealing in Virtual Currencies/Tokens. It also confirms […]
Why Should You Invest In Cryptocurrencies? Since the introduction of Bitcoin back in 2009, cryptocurrencies have taken the technological and financial worlds by storm. These digital currencies may have started off as a practically worthless coin only found online, but as popularity grew and a hunger for an anonymous, far more secure method of payment […]
Cryptocurrencies for Dummies I recently did a small Facebook live session on cryptocurrencies for dummies (so to speak), but essentially covering the issues of investing in cryptocurrencies for my friends, family and colleagues. Here is the recording of that event.
Is it possible to build digital identities on the blockchain that are completely removed from giant corporations and governments who would want to monetize on our identities since that is most profitable for them? Would anyone be able to take up this challenge? The ultimate social impact of blockchain technology depends on who controls […]
Well! Well! Well! These are the genesis moment of the acceptance of the blockchain in mainstream companies for payments. In a new application released by the USPTO, Apple describes how it might use a blockchain-based platform to generate and secure timestamps. Source: Apple Patent Filing Hints at Blockchain Use – CoinDesk
It takes 29.05TWh annually to operate the energy-hungry computers and networks that power bitcoin transactions. The rise in its value has given way to an increase in electrical consumption that is used to “mine” more bitcoins, according to a report Source: Bitcoin mining consumes more energy than 159 countries
When governments fail to come up with solutions, courts often have to step in to provide guidance. A petition seeking the government to act on Bitcoin has landed in India’s Supreme Court. The case is likely to come up for hearing in January 2018. Source: Bitcoin & co: India’s crypto-currency debate heads to the courts, […]