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Russia Pressurizing Bitcoin Businesses

Russia’s Central Bank calls Bitcoin a monetary surrogate. Furthermore, the Head Prosecutor’s office recently held a meeting, and warned the public about taking action against Bitcoin-accepting businesses. Due to these proposed actions some services were...

Ron Paul on Bitcoin

We have a terrible monetary system today. We have a government that purposely counterfeits and debases the currencies and I believe that the alternative would be a competition. That means that anything that wants to substitute for the American dollar should be...

Gold Prices Tumbling Down

Gold futures fell to a new low this week, due to the recovering US dollar putting pressure on the precious metal because of the continued uncertainty about the geopolitical situation in Ukraine. The Comex division of NYMEX was trading gold futures with a June delivery...

Why Some People Don’t Understand Bitcoin

A lot of people don’t stop to think about what money really means. Money is not wealth. Money is a record-keeping system that makes the exchange of wealth somewhat easier. Most people want to have a lot of money, but they’re not really interested in money...