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Posts published in “Opinion”

How Bitcoin Can Solve the Automation Crisis

Automation has become a big fear in developed economies over the last few years. With the threat of huge waves of unemployment — coming from machines replacing human jobs — many people have taken up the fight against automation. But does automation really cause permanent unemployment? And can Bitcoin help reduce the pain of automation? …

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A Southern European Blockchain Bloc Has Formed. What Next?

This week, officials from seven European Union nations issued a joint statement declaring their intentions to individually and collectively undertake further embraces of blockchain technology. The officials hailed the “enormous potential for growth in the digital sector” as a principal driver of the campaign. Will the new European blockchain bloc inspire other E.U. nations to …

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The Sordid Tale of Woe Behind the WEX Exchange

The WEX cryptocurrency exchange has suspended withdrawals since July 2018. The exchange continues to operate and offer unbelievably high prices to attract new customers. Getting funds out is where the problems begin. Also read: New Dawn: Treasury Dept. Levies Bitcoin Address Sanctions Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts WEX: Why …

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Now’s the Time for Blockchain Companies to Deliver: Gabriel Yang of Beyond Blocks

“For a market that’s crashing, the vibe seems to be very good.” Bitsonline spoke to Beyond Blocks CEO Gabriel Yang in the closing stages of his company’s Summit Bangkok in Thailand last week. How do event organizers maintain a positive attitude at a time when many investors are turning away from blockchain and crypto? Or …

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Despite Evidence to the Contrary, Joseph Lubin Claims Ethereum Adoption Growing

Joseph Lubin, co-founder of Ethereum and founder of ConsenSys claims Ethereum adoption is growing rapidly. Is he looking at the same metrics as everyone else? Also see: How Thailand Is Staying Ahead by Regulating ICOs and Blockchain Investments Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Ethereum Adoption Boom? A Bit Too …

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After Hash War and Choppy Markets, Bitcoin Cash Nears ETH Price

Flippening? Definitely not right now, but a downward flappening may be taking place. On December 6th, the bitcoin cash (BCH) price sunk to within $20 USD of the price of ether, the “gas” of the Ethereum network. Amid a generally red market on the day, a curiously surging Bitcoin SV (BCHSV) acutely passed the ETH price, …

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Falling on Deaf Ears? Wall Street Kneels at the Altar of the SEC

A number of executives from Wall Street took to the SEC on November 30th to present the regulator with a 63-page proposal arguing for the approval of bitcoin ETFs. SEC Chairman Jay Clayton’s remarks at the Consensus Invest Conference in New York indicate their appeal may have fallen of deaf ears. Also see: Why Binance Chose …

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Thailand Stock Exchange Governor Wants to Nurture Blockchain Startups

Thailand’s government is about to begin licensing blockchain and cryptocurrency companies — but was its new regulation born from a desire to be a leader in the field… or fear of investment fraud? If it’s the latter, the country could fall behind when it should be nurturing digital economy startups, says Stock Exchange of Thailand …

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Bitcoin Car Talk Returns, Crashes, Burns, Carries on… as Usual

COMEDY: Bitcoin Car Talk is back! The new season promises to contain all the insightful interviews, spectacular wrecks, guffaws, and befuddled participants its fans have come to expect. In this latest episode you’ll see host Mikeinspace demonstrate his detailed knowledge of Disney movies, crack a joke about Rubik’s Cubes that people in the 80s could …

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As r/Bitcoin Hits One Million Users, State Street Claims ‘No Urgency’ for Crypto Custody

The Reddit subreddit r/Bitcoin has hit the one million user milestone, some eight years after it began. Despite the surging interest in bitcoin among the wider community, investment management giant State Street claims there is “no urgency” to develop secure crypto storage services for its clients. Also read: New Dawn: Treasury Dept. Levies Bitcoin Address Sanctions …

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