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Archive for the tag “digital currency”

Jack Ma Re-Emerges On The Digital Yuan Vanguard

Months after his run-in with Beijing authorities, one that scrapped history’s biggest initial public offering, Jack Ma’s true whereabouts have finally been verified: at the very center of Xi Jinping’s boldest effort yet to modernize China’s economy.

Read Here | Asia Times

Bitcoin, Bit By Bit

Yes, Bitcoin is what some call a deflationary currency. Because the system was designed to allow the creation of only a finite number of bitcoins, there will come a point where, as demand rises, the value of the currency will only go up (making the price of goods and services fall, hence the term deflation). And that could lead to hoarding on an even larger scale.

Read Here – Wired

Read Here To Know All About Bitcoin, the digtial currency

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