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If China digitizes its currency, as it plans to do, and the North Koreans use it to finance their missile program, it’s a flow of money that circumvents U.S. sanctions. That would force the U.S. to grapple with its own now-antiquated currency.
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Crusoe Energy Systems is harnessing surplus gas at source to turn it into electricity, powering the data centers that in turn generate revenue by mining Bitcoin. The company will install 70 units next year, each with a capacity of about 1 megawatt, which would keep about 10 million cubic feet a day of gas from being flared.
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Paying for things online usually means giving up plenty of privacy. But this needn’t always be the case. Last night I donated to a local charity via their website and didn’t have to give up any of my personal information. The trick for achieving a degree of online payments anonymity? Not bitcoin, Zcash, or Monero. I used a product created by old fashioned bankers: a non-reloadable prepaid debit card.
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Perhaps bitcoin itself will achieve stability over time, as its liquidity improves with growing investment in the crypto-asset category. Those who believe it will do so may feel disappointment or impatience reading this article. For in 2019, market and network data have told a different story: volatility has increased and liquidity remains stagnant. “
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China is launching a range of blockchain and financial programs in a bid to boost its relationship with countries participating in the Belt and Road Initiative.tags: Blockchain Fintech
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The Boerse Stuttgart Digital Exchange became available to all users in Germany and also for residents in the European Economic Area. The crypto exchange allows users initially to trade the Bitcoin-Euro pair, with further digital assets to follow suite soon.
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The NYDIG Bitcoin Strategy Fund will invest in cash-settled bitcoin futures contracts traded on CFTC-registered exchanges. The fund does not intend to invest in crypto-assets directly.
Kiffmeister’s Fintech Daily Digest 12/07/2019
