Archive | store of value

Shapeshift CEO Defeats Peter Schiff in Bitcoin Debate

“Bitcoin, or a similar form of cryptocurrency, will eventually replace governments’ fiat money as the preferred medium of exchange” was the resolution for a rollicking debate between Shapeshift CEO Erik Voorhees (affirmative) and Euro Pacific Capital Inc CEO Peter Schiff, prominent cryptocurrency skeptic (negative). In a victory for the crypto community at large, Mr. Voorhees […]

President of Xapo: Bitcoin Will Become The Global Reserve Asset

Ted Rogers, president of the cryptocurrency giant, Xapo, believes that Bitcoin will become a global reserve asset, similar to the role the U.S. dollar plays today. Ted Rogers, Unexpected Bitcoin Bull? The recent bearish trends in the cryptocurrency market have not fazed Xapo’s president one bit, as he still holds bullish sentiment regarding Bitcoin’s value… […]

Tech Venture Capitalist: Warren Buffet is Wrong About Bitcoin

Following Warren Buffet and his understudy Charlie Munger’s words on Bitcoin earlier this week, technology-focused investor Chamath Palihapitiya has come to digital currency’s defence. Despite claiming to be a Buffet ‘disciple,’ he also states that Buffet is wrong about Bitcoin. Palihapitiya: “Not Everybody is Right All the Time” Speaking in an interview with CNBC’s ‘Squawk Box,’… […]

Paul Krugman Is Excited to See Bitcoin Have Issues

Yesterday on January 11 the American economist and professor of economics, Paul Krugman, seemed pretty excited about The North American Bitcoin Conference not being able to accept bitcoin for tickets. Krugman tweeted our recent article to his 4 million followers gloating that bitcoin is “too clunky and expensive.” Also read: South Korea Urges 23 Countries, […]

Europol Discusses Bitcoin as Store of Value and Payment Method With the Industry

The European Union’s top law enforcement agency Europol recently hosted their 4th conference on digital currencies. According to the agency’s announcement on Wednesday, among the topics discussed this year was the use of cryptocurrencies such as bitcoin as a store of value and as a legitimate payment method. Also read: Rollout of 260,000+ Bitcoin-Accepting Stores […]

Research Paper Suggests Bitcoin Volatility Will Match Fiat in Two Years

A recent research paper published this month analyzes whether or not bitcoin can be a viable alternative to fiat currencies. The report, authored by Vavrinec Cermak from Skidmore College, offers an empirical analysis of bitcoin’s volatility based on a GARCH model. Cermak details that if bitcoin’s trend of decreasing volatility continues it could be a functioning […]