What Is Bitcoin And Why Is It Valuable? Three Viewpoints

Apparently, there must have been some confusion on what makes Bitcoin valuable. Because three prominent voices on Crypto-Twitter recently sought to clarify the matter. Let’s see what they had to say… Is It A Bit Like Gold? Shhhh! Don’t let John McAfee hear you say that. Everyone’s favourite crypto-sage-who-is-also-an-exiled-presidential-candidate (amongst many other things too numerous […]

Continue Reading

Russian Central Bank ‘Would Consider’ Creating Gold-Backed Cryptocurrency

Russia’s central bank would consider creating a new cryptocurrency backed by gold for international settlements. Gold-Backed Crypto Could Have Use In Settlements That was the latest information to come from Elvira Nabiullina, head of the Bank of Russia, speaking to the country’s parliament, the Duma, about current plans involving cross-border finance. In principle, Nabiullina said […]

Continue Reading

Russian Central Bank to Consider Gold-Backed Cryptocurrency

Russia’s central bank will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to a Tass report. Elvira Nabiullina, governor of the Bank of Russia, said Thursday that her institution is to review a proposal for the development of the cryptocurrency. Nabiullina said at the nation’s lower house, or Duma: “As for mutual […]

Continue Reading