The last several months have been an absolute bloodbath for Bitcoin, Ehtereum, Litecoin and hundreds of other cryptocurrency Alt Coins. Experts have provided a wide array of reasons for the crash including regulatory headwinds, market distrust and a correction resulting from a price rise in 2017 that was too big and came too fast. But one theory now circulating in the blockchain community is that some very big insiders may have gotten wind of coming news that the rest of the
With the IMF projecting an inflation rate of 13,000% next year, Venezuelans are abandoning the bolivar in droves as prices for necessities like bread and meat double every month. After we reported back in December that a socialist collective in one Caracas neighborhood launched its own currency, the panal. Here's the Associated Press: The panal, which means honeycomb in Spanish, can be spent in just a few stores. But residents of one neighborhood desperate for spending cash s
During his 2015 trial, Silk Road creator Ross Ulbricht's defense attorneys raised questions about the government's case that, although they were ultimately disregarded by the jury, have continued to bother crypto users with an affinity for so-called "conspiracy theories." They pointed out vagaries in the FBI's account of its years-long pursuit of Ulbricht, and questioned whether the bureau had truly discovered Ulbricht's involvement on its own, or whether it had help from oth
In sleepy upstate New York, one small post-industrial city has adopted what's widely believed to be the first bitcoin mining ban in the US. On Thursday evening, the city council in Plattsburgh New York voted unanimously to impose an 18-month moratorium on bitcoin mining, per Motherboard.
As we pointed out earlier this month, two large-scale bitcoin mining operations in the town had become a tremendous drain on the local utilities. This is a problem because,according to the
What are you doing to "Vote With Your Wallet"? We the People Always Have the Power to Vote with Our Wallets! People understand that in the absence of positive leadership within our governmental institutions today, that they have not only more personal responsibility, but they have a huge amount of individual power. When, as individuals we’re spending $36 billion a day, the individual decisions that we make can add up to an enormously powerful lever even if government doesn’t
Mike Maloney: The Golden Crypto Revolution & The Cashless Society (Interview by World Alternative Media) Josh Sigurdson and John Sneisen sit down with Mike Maloney, one of the world's leading educators on gold and silver, the man behind 'The Hidden Secrets of Money' series and most recently, an insightful teacher on the subject of cryptocurrencies.
During this interview out of Acapulco, Mexico, Mike Maloney gives us his views on gold and silver in 2018 and where he sees the
Authored by J.G.Martinez via The Organic Prepper blog, As we begin to become more concerned about the possibility of our own economic collapse, it’s important to see what has happened in other countries. Today, Jose explains how the collapse of Venezuela was deliberately engineered to make the populace bend to the will of a dictatorship. It didn’t happen all at once and most people never saw it coming until it was too late, and they were starving, oppressed, and dying. ~ Dais
I know that it sounds very dramatic saying that the U.S. Dollar (USD) as we know it died on March 1st, 2018… this is given that the International Monetary Fund (IMF) get their way. The role of the USD as a global reserve currency is now over, and following, the end of international trade requirements pursuant to USD will eventually lead to significant hyper-inflation in the U.S..
Jim Rickards has revealed a new Distributed Ledger technology in his Daily Reckoning newsletter