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News & Articles By News Editors
05/14/2018
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By News Editors
Blockchain is not only crappy technology but a bad vision for the future
Blockchain is not only crappy technology but a bad vision for the future. Its failure to achieve adoption to date is because systems built on trust, norms, and institutions inherently function better than the type of no-need-for-trusted-parties systems blockchain envisions. That’s permanent: no matter how much blockchain improves it is still headed in the wrong […]
05/11/2018
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By News Editors
Ten years in, nobody has come up with a use for blockchain
Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless effort and billions of dollars invested, nobody has actually come up with a use for the blockchain—besides currency speculation and illegal transactions. (Article by Kai Stinchcombe republished from HackerNoon.com) Each purported use case […]
12/04/2017
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By News Editors
Feds steal $1.74 billion in Bitcoin, kidnap man for life for building website that used It
As Bitcoin’s popularity soars, one of its early adopters is currently serving a life sentence for creating a website that popularized the cryptocurrency. (Article by John Vibes republished from TheFreeThoughtProject.org) Before Bitcoin became the newest tech and investment craze, it was seen as the currency of the black market which was used to buy and […]
12/03/2017
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By News Editors
The government is coming for your Bitcoin
The same day Bitcoin cracked its all-time high above $11,000, the government dealt its first blow to the crypto world… On Wednesday, a federal judge in San Francisco ordered the popular Bitcoin exchange, Coinbase, to provide the IRS with information on over 14,000 account holders. (Article by Simon Black republished from SovereignMan.com) The taxman noticed that […]
11/28/2017
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By News Editors
Bitcoin mining now consuming more electricity than 159 countries including Ireland and most of the countries in Africa
Bitcoin’s ongoing meteoric price rise has received the bulk of recent press attention with a lot of discussion around whether or not it’s a bubble waiting to burst. (Article republished from PowerCompare.co.uk) However, most the coverage has missed out one of the more interesting and unintended consequences of this price increase. That is the surge […]
10/24/2017
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By News Editors
Crypto Currency Calm Before The Storm: “Governments Are Studying It To Find The Means To Take Control Of It… And You”
The United States (and the world) has been using the worthless fiat federal reserve note that is not backed by any true tangible asset. The only backing is not even the “full faith and credit of the United States government,” because the government is too far in debt to have any credit. Faith disappeared a […]
10/19/2017
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By News Editors
Is Bitcoin A Tower Of Monetary Babel?
Authored by Antonius Aquinas, The promoters of crypto currencies have gushingly touted them as the mechanism by which the present central banking cabal and the system of nation states which derive much of their power from will be brought down and replaced by digital money. Despite their meteoric rise as speculative “assets,” there are fundamental […]
09/08/2017
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By News Editors
Sprott CEO On Bitcoin: ‘It Could Go To $100,000… Or $0… Keep Both Numbers In Mind’
With the advent of crypto currencies came an entirely new marketplace that was nonexistent just a decade ago. And as with all new things, once the market started adopting blockchain technology like Bitcoin, everybody wanted a piece of the action. (Article by Mac Slavo republished from SHTFPlan.com) So much so that prices for Bitcoin and […]
09/07/2017
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By News Editors
There’s literally a ‘token’ called F*ck that’s up 370% in the last 24-hours
I vividly remember having a conversation several years ago with a woman about her real estate investments in the United States. (Article by Simon Black republished from SovereignMan.com) It must have been around 2005 or 2006… the peak of the property bubble. She was a psychologist from somewhere in the midwest, telling me about how […]
08/22/2017
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By News Editors
Bitcoin in an illusionary age
It is altogether fitting that crypto currencies, in particular Bitcoin, have witnessed a meteoric rise in this illusionary age. (Article by Antonius Aquinas republished from AntoniusAquinas.com) Not only has their monetary value gone to dizzying heights, but they are now being touted as the destroyer of the current, crumbling monetary order and the next paradigm upon […]
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