Archive for August 2018
‘Neither Useful Nor Useless’: Andreas Antonopoulos On Writing ‘Mastering Ethereum’
Andreas Antonopoulos took critics to task over his decision to write a book about Ethereum and other altcoins in a recent Q&A session after a query claiming he was “not remaining faithful” to Bitcoin. ‘Don’t Be Under Any Illusion’ In the session, published last week, the celebrated cryptocurrency educator and Bitcoin proponent defended his motivation…
Read MoreBitcoin Trading Nets Square $37 Million in Q2 2018
Square has announced earnings of $37 million for the second quarter of 2018 on its peer-to-peer mobile money app, Square Cash. However, even though some of its financial results exceeded expectations, the company still made a net loss of $6 million across the business. Steadily Increasing Bitcoin Trading Revenue Based on the second quarter performance…
Read More‘Delusional’ Paul Krugman Says Bitcoin Sets Monetary System Back 300 Years
Cryptocurrency industry figures are reacting with scorn after US economist Paul Krugman likened Bitcoin to “setting the monetary system back 300 years.” Bitcoin Is No Evolution, Suggests Krugman In an opinion piece for the New York Times July 31, Krugman took aim at the high cost of Bitcoin mining and the “speculatory” nature of its…
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