The venerable US dollar has taken a beating of sorts lately, with fluctuating values relative to other world currencies and challenges by the Bitcoin and other digital monies. But as a recent Flightfox report on the bustling black money markets in Argentina reveals,...
More evidence that the Bitcoin is running with the big dogs of the finance world: the CEO of major Bitcoin exchange First Meta has joined the growing list of suicides and other mysterious deaths that have cast a long shadow over the international financial community...
It sounds like something from a science fiction movie: a shadow world that exists alongside the one we know. But “shadow banking” – an unregulated, opaque world of financial dealings that functions alongside usual commercial banking practices – is very real. And the...
The Bitcoin’s march toward legitimacy took another step forward this week, as the digital currency was accepted as legal tender to buy a Tesla – a fitting arrangement for the purchase of the new electronic car. But even as Lamborghini Newport Beach happily announced...
Are Bitcoins for real? Just ask UK techie James Howells, who recently tossed out a long forgotten computer hard drive, only to realize – far too late – that the device contained $7.5 million worth of Bitcoins, the digital currency that’s been making headlines as it...
