By Lubomir Tassev Cryptocurrencies undoubtedly bring new business opportunities. The expanding industry around digital assets and its customers need more and more services that traditional sectors can provide. Banking is often a bottleneck in the crypto space as most traditional institutions are still reluctant to get their feet wet. Smaller banks, however, are more willing … [Read more...] about Big Banks Won’t Touch Crypto Clients – But These Smaller Banks Will
Cryptocurrency
“We’re Going to Find You” — How Undercover Agents Trade Prison Time for Bitcoins
By Graham Smith An Australian national living in Boulder, Colorado was slammed with a one year and a day prison sentence last month for trading bitcoins. An August 23 statement from the Colorado U.S. District Attorney’s Office states that Emilio Testa, 32, was charged with money laundering, and claims Testa knew the funds he was acquiring had been used in narcotics deals. … [Read more...] about “We’re Going to Find You” — How Undercover Agents Trade Prison Time for Bitcoins
Doing What You Want With Your Money Is a Fundamental Right
By Jamie Redman Since the birth of Bitcoin, crusaders fighting for the separation of money and state discovered a new payment tool that bypasses the nation state’s control over the monetary system. For over ten years now, lots of people have been using digital currencies to hide from prying eyes of governments in order to free themselves from a system that contributes to … [Read more...] about Doing What You Want With Your Money Is a Fundamental Right
Venezuela’s Health Care System Is in Shambles, but Markets Are Already Responding
By Byron Carson Hospitals are supposed to help people, not become a source of their ailment. Hospitals Work in Many Places Generally, hospitals do help people. According to the data and graphing tools of Gapminder, rates of child mortality and malnourishment are negatively correlated with the number of physicians per 1,000 people and the number of hospital beds per 1,000 … [Read more...] about Venezuela’s Health Care System Is in Shambles, but Markets Are Already Responding
IRS Revoking Passports Shows How Government Erodes Everything We Hold Dear
By Graham Smith If you have outstanding tax debt, the IRS may now want to take your passport. For U.S. crypto holders still waiting on promised IRS guidelines for filing — especially those overseas who may have missed these warning memos — the over 400,000 agency notifications issued since February last year are troubling. This kind of behavior from government is nothing … [Read more...] about IRS Revoking Passports Shows How Government Erodes Everything We Hold Dear
From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful
Op-Ed by Graham Smith Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. On July 31, Russia’s Kraskom power company reported illegal siphoning of power from … [Read more...] about From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful
When Cash Is Banned, Centralized Cryptos Are Not Going to Save You
By Graham Smith Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many Aussies are celebrating Bitcoin’s exclusion from this clause, others find … [Read more...] about When Cash Is Banned, Centralized Cryptos Are Not Going to Save You
Unbanked for Buying Bitcoin: How the Financial System Criminalizes Crypto
By Kai Sedgwick When we think of the unbanked, we envisage citizens of developing nations who lack the means and documentation to obtain access. But you don’t have to be a Mongolian goat herder to find yourself financially excluded. In the West, relatively affluent citizens are having their banking services withdrawn suddenly and without warning. Their ‘crime’? Buying and … [Read more...] about Unbanked for Buying Bitcoin: How the Financial System Criminalizes Crypto
Bitcoin Mining And Money Laundering
By Vin Armani Disclaimer: This article is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. The ignorant view on Bitcoin, at least since the Silk Road takedown, has been that “Bitcoin is used for crime.” The media’s scandalizing of the Silk Road story certainly introduced … [Read more...] about Bitcoin Mining And Money Laundering
Bitcoin and Voluntaryism – Where Libertarian Philosophy Meets Crypto
By Graham Smith For the uninitiated, voluntaryism is a philosophy based on consent. In the simplest terms it says: “If it’s not voluntary, it’s not moral.” This basic statement is often countered with “Yes, but not everyone agrees on that, some people use violence to get what they want.” This is 100% true. And this is why voluntaryists are not pacifists, but believe in and … [Read more...] about Bitcoin and Voluntaryism – Where Libertarian Philosophy Meets Crypto
Countries Suffering From Rapid Inflation Show Significant Demand for Cryptos
By Jamie Redman Cryptocurrencies have been trending upwards in price over the last few weeks, but in certain countries around the world digital assets have become far more valuable. For instance, in Argentina, the nation’s sovereign currency has lost considerable value and cryptocurrencies like BTC are seeing all-time price highs. The surge in value is not just taking place … [Read more...] about Countries Suffering From Rapid Inflation Show Significant Demand for Cryptos
Did You Write Your Bitcoin Obituary In Time?
By Jeffrey A. Tucker The market capitalization of crypto is 300% higher now than it was two years ago this date. Among the biggest changes from two years ago is Bitcoin (BTC) dominance over the sector, down from 85% (January 2017) to circling around 50% today. This change is mostly traceable to the rise of specialized tokens filling various market needs, something very few … [Read more...] about Did You Write Your Bitcoin Obituary In Time?