The past week or so has been quite remarkable considering significant price differences at various bitcoin exchanges. It is most noticeable in case of Bitfinex, where Bitcoin is still trading at significant premium. At times, the spread reached $110.
The feature was written by Alexander Boldachev, a philosopher, the member of Russia’s Futurology Association, and eGaaS analyst exclusively for ForkLog.
Some anthropologists believe consensus is a universal decision-making system inherent in primitive societies where people struggled for survival and inclined towards equal partnership.
This March proved exuberant of drama for the entire cryptocurrency community. First, the Winklevoss failed to obtain SEC approval for their ETF, then some altcoins rushed upwards, and all that against the background of fierce discussions concerning well-planned media attacks by both sides of the Unlimited/Core conflict. This feature discusses.
Why cash is better than debt wealth? Đˇash is the actual money, i.e. common liquid commodity, not a promise to provide such commodity. Cashless money is promissory notes cleared by cash. Cash transactions are untraceable, they’re anonymous and decentralized. They require no third party involvement, and, as opposed to bank.
Quite often, our understanding of a cryptocurrency is limited by what we found out about it in media or on forums.
Rumors of Ukraine’s largest commercial bank PrivatBank inevitable nationalization have been circulating for a long time. One may only guess whether the new record set at Ukraine’s LocalBitcoins last week has anything to do with that; however, the USD exchange rate in Ukraine definitely has, as millions of the bank’s.
According to recent researches by Facebook and MasterCard, majority of young people don’t trust traditional banks, favoring new fintech services instead.