Is the Bitcoin and are crypto currencies a real currency, or rather a value storage vehicle? Or a safe-haven alternative to paper currencies, like gold already is? The digital gold of the future, in a sense? Marc Friedrich spoke about this in the following interview (german). More than interesting is the excerpt shown from the speech of a US member of parliament on the subject of Bitcoin and crypto currencies. The Bitcoin endangers the supremacy of the US dollar, for example because it`s the currency in which oil is traded. The supporters of crypto currencies wanted to deprive the USA of the power of the dollar. Then it would no longer be possible to enforce sanctions against Iran, for example. It is about the disempowerment of the USA.
There’s another violent crash with the cryptocurrencies today. Bitcoin is now well below $10,000, Ethereum is now battling with the 800 mark, Ripple is now battling below the $1 mark. So there seems to be […]
The cryptocurrencies are currently traded in no-man’s-land. Everyone is wondering: Was that the big correction? Can we re-start an push the prices again? For days now, the news situation around cryptocurrencies has been dominated in […]
Presumably, the central bankers had expected everything – just not that there would be a very serious attack on their monetary monopoly in the foreseeable future. And that is exactly the case with the rise […]