Why is bitcoin’s price so high?

Bitcoin’s price has risen stratospherically, a fact that leaves many minor players in the market with massive gains and many bigger players millionaires. But is this a bubble? Are the gains real? And are the bitcoin whales in for a sad Christmas? First we must understand what drives bitcoin price and, in particular, this boom. […]

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As Mainstream Adoption Grows, Bitcoin Can No Longer Be Stopped

The recent rise in Bitcoin’s value has initiated varied reactions from different quarters of the industry. While holders of the cryptocurrency are excited with the extraordinary profit generated from their investment, some merchants are becoming more reluctant to accept Bitcoin because of its high volatility. As Bitcoin’s price (and adoption) soars, more attention is being paid to the […]

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The Economic Case for Conservative Bitcoin Development

The way we think about bitcoin, its use cases and its subsequent road to adoption fundamentally underlies the scaling and governance debates at the heart of forks like bitcoin cash and Segwit2x. As an unprecedented technology, bitcoin’s refusal to fit into any predefined conceptual pigeonhole continues to give fits to regulators and traditional financial intermediaries alike. But, this presents a […]

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Fed Paper: DLT and Digital Currency Could ‘Change Payments Landscape’

A working group within the US central bank believes digital currencies and distributed ledgers could come to have a significant impact on how its citizens and businesses conduct payments. The findings come from a 60-plus-page report published yesterday by the Faster Payments Task Force. The report itself, the first of a two-part release, is largely an overview of […]

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