Thiel claims that bitcoin is undermining the US dollar
US should get in on it before it is too late
PayPal founder and Donald Trump fanboy Peter Thiel has claimed that China is using bitcoin as a “financial weapon” to undermine the US dollar.
Bitcoin uses more electricity than Argentina
Don’t cry for me Tesla
Bitcoin uses more electricity annually than the whole of Argentina, analysis by Cambridge University suggests.
Apple should copy Tesla on Bitcoin
RBC Capital Market’s advice
RBC Capital Markets says Apple could make a tidy sum if it decided to start being more innovative and copy Tesla by getting into cryptocurrencies.
Tesla buys up lots of Bitcoin
Could start taking it for payment
According to an SEC filing, Tesla invested $1.5-billion in bitcoin and Elon Musk could start accepting the cryptocurrency as payment.
Bitcoin costs the world $25 Million Daily
Nothing is free
It costs $25 million Daily in electricity to process Bitcoin transactions according to data presented by Trading Platforms.
Bitcoin does what US and Israeli forces could not
Shut down Iran
Massive blackouts and smog have hit cities across Iran and the government is blaming bitcoin miners.
Bitcoin fanboy calls for regulation
Needs more scrutiny
Bitcoin fanboy deVere Group’s chief executive and founder Nigel Green has called for greater regulatory scrutiny of cryptocurrencies such as Bitcoin.
Millennials prefer Bitcoin to gold
But diamonds are a girl's best friend
Millennials prefer Bitcoin to gold as a safe-haven asset, a new global survey from one of the world’s largest independent financial advisory and fintech organisations.
Bitcoin hammered in Asia and EU
US is expected to follow
Thousands investors in the EU and Asia were dumping their Bitcoin after the price was hammered overnight.
PayPal allows buying, holding and selling cryptocurrencies
Teams up with Paxos
PayPal has partnered with cryptocurrency company Paxos to launch a new service. PayPal users in the US will soon be able to buy, hold and sell cryptocurrencies.