Notices tagged with eth
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!econusa US Treasury recommends exploring "Digital Dollar" #CDBC https://nu.federati.net/url/287868 [www usnews com]
While we cannot yet know whether a CBDC will happen or what form it will take, what is certain is that the growth of #cryptocurrencies is inspiring this global trend of investigation the creation of national CBDCs.
#Bitcoin #BTC
#Ethereum #ETH
#Ripple #XRP
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https://www.bbc.co.uk/news/business-57169726 #Bitcoin and other #cryptocurrency prices continue their fall.
#BTC #ETH #DOGE
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By the way, in case you're not watching the #cryptocurrency space, the #SEC recently filed a suit against #Ripple Labs, the company behind the #XRP currency, for a massive unregistered securities offering. Ripple, naturally, denies that issuing XRP and selling it was a security. I believe just about every crypto exchange has delisted or at least suspended XRP due to this case.
https://www.sec.gov/news/press-release/2020-338 [www sec gov]
https://www.nasdaq.com/articles/ripple-responds-to-sec-lawsuit-over-xrp-sales-2021-01-29 [www nasdaq com]
https://nu.federati.net/url/279572 [www msn com]
https://www.scribd.com/document/492583369/FOIA-Letter [www scribd com]
(I think one potential lesson is not to pre-mine. Let the currency's users mine it, so that the originating entity isn't directly benefiting financially from new users. The other lesson might be to create the guiding organization as a strict non-profit or public-benefit org.)
#ETH #BTC
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So, it looks like I’m going to have to try out one or more #cryptocurrencies, such as #Bitcoin ( BTC ) or #Ethereum ( #ETH ).
But I’m not pretending that I can time the market, so I’m not looking to buy something that will rise high enough to make me a millionaire. I’m looking at them as a medium of exchange, a means to facilitate purchases and sales. At this point, I’m not looking at them as a store of value, and certainly not as an investment.
Despite my insistence in conversations with #sonTwo that he should likewise consider cryptocurrency only as a means to purchase things, his father-in-law has been reading about sky-high #BTC prices and is putting up a small amount of money to get started investing in #cryptocurrency.
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@guizzy @moon@shitposter.club I guess I should pay more attention to some of these cryptocurrency things. #sonTwo's father-in-law gave him some funds to buy #BTC and #ETH.
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Speaking of #blockchains and #cryptocurrencies, someone told me about "Eth 2" recently, so I threw that into #DDG and came up with this: https://nu.federati.net/url/278691 [www cnbc com]
#ETH #Etherium
Disclaimer: I own zero cryptocurrencies and have never used a blockchain for anything.
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https://finance.yahoo.com/news/hacking-coinbase-great-bitcoin-bank-103035588.html [finance yahoo com]
Article is from 2017, but it still points to some of the reasons why I have refused to open a #cryptocurrency exchange account. The price volatility attracts gamblers and thieves like blood in the water attracts sharks. The lack of controls and regulation means that even traditional consumer & investment banks are safer.
(Still, no one's guaranteeing that funds siphoned from a connected bank account will be replaced.)
#BTC #BCC #ETH
LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}
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