Category: Uncategorized
Bitcoin at $34k still has a market cap lower than tesla
As of market close at 4pm EST today, Tesla’s stock closed at $753, indicating a market capitalization of $696 billion. Tesla was up almost 7x in 2020. As of 8pm EST January 5, 2021, Bitcoin […]
So whatever happened to facecoin? or libra?
Facecoin was lauched by Facebook with much fanfare in the spring of 2019. “The excitement among crypto-buffs is palpable. Facebook, the world’s largest social network, appears to be planning to launch a digital coin early next […]
Jack Dorsey, CEO of Square, Disagrees with New crypto regulation by Fincen
Two weeks ago, FinCEN (a bureau of the U.S. Treasury Department) proposed a cryptocurrency rule that creates unnecessary hurdles for transacting in cryptocurrency. Square, a company founded by Jack Dorsey, submitted a formal comment letter […]
What is Bitcoin?
Bitcoin is the world’s first digital currency* or “cryptocurrency” and was initially created to “compete” with “Hard” or “Fiat” currencies. Most “Hard/Fiat” currencies that exist in the world today (such as dollars, euros and yen) […]