India Says Crypto Not Illegal As It’s Taxed Like Gambling Win
The Indian government said it doesn’t treat trading in crypto assets as illegal, a day after it announced taxing such transactions just the same as winnings from gambling. Read More Here
Tag: cryptocurrency
Crypto Crunch Time
The likelihood that the world’s major central banks will sooner or later issue their own digital currencies has brought increased scrutiny of the sector’s existing private players. Sooner or later, cryptocurrency enthusiasts who have long argued that politicians would never dare to regulate Bitcoin and the rest will need to think again. Read More Here
Five Myths About Cryptocurrency
Cryptocurrencies might turn out to be a massive speculative bubble that ends up hurting many naive investors. Indeed, many cryptocurrency fortunes have already evaporated with the recent plunge in prices. But whatever their ultimate fate, the ingenious technological innovations underpinning them will transform the nature of money and finance. Read More Here
A Curse Worse Than Cash
Although prominent cryptocurrency advocates are politically connected and have democratized their base, regulators simply cannot sit on their hands forever. Malicious ransomware attacks targeting growing numbers of firms and individuals could prove to be the tipping point. Read More Here
Addressing the Dark Side Of The Crypto World
Whether Bitcoin’s value goes up or Bitcoin’s value goes down, people around the world are asking the same question: What exactly is the potential of crypto-assets? The technology behind these assets—including blockchain—is an exciting advancement that could help revolutionize fields beyond finance. It could, for example, power financial inclusion by providing new, low-cost payment methods […]
From Bitcoin to Belize, Here Are Best And Worst Assets Of 2017
It was a great year for copper, Ukrainian stocks, palladium. Uzbekistan’s currency, Venezuelan bonds and sugar not so much. It was a great year to hold bitcoin, but a bad time to have been invested in the Uzbek soum. Read Here – Bloomberg
Bitcoin Is A Delusion That Could Conquer The World
If every currency is a consensual delusion, then bitcoin, a digital cryptocurrency that changes hands over the internet, feels more like a consensual hallucination on psychedelic drugs. Read Here – The Atlantic Also Read: Why Bitcoin Fever Is A Bubble Waiting To Burst
Seven Things We Learned About China In September
While everyone is talking about face recognition on new phones, China is already developing some surprising applications for this technology such as smiling to pay for your meal, using your face and your voice to access your residence hall at university, enforcing social norms by, for example, naming and shaming jaywalkers, and catching criminals on their day off. Read Here […]
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