Tuesday, July 3, 2018

Crypto vs gold

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July 3, 2018

"All of the violence that doesn't occur doesn't get reported on the news." – Steven Pinker

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THE FEATURE

Voorhees vs Schiff: Bull Meets Bear at NY Bitcoin Debate

A debate between an infamous bitcoin detractor and one of cryptocurrency's most well-known entrepreneurs made sparks fly in New York City Monday.

Hosted by the Soho Forum, a monthly Manhattan debate series, the event saw Erik Voorhees, the CEO of exchange service ShapeShift, argue that government-backed monies will eventually be replaced by bitcoin and blockchain innovations. The world's largest cryptocurrency, he said, just needs gradual adoption to eventually triumph.

However, the debate was far from a one-sided showcase. There to represent the opposition, Peter Schiff provided more than a healthy dose of skepticism. Perhaps most damningly, he argued people are not currently buying into bitcoin or other cryptocurrencies to use them; they're here to get rich, he said.

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Why Companies Need to Get on the Tokenization Train
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Smartphone Giant Xiaomi Disavows ICO Token Pegged to Its Stock
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Korea's Oldest Mileage Program May Convert Cash Points to Crypto
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Bankers Tout Trade Finance as the Sweet Spot for Blockchain
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Banks Conduct Cross-Border Trades on IBM-Powered Blockchain
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Tether on Strings? Crypto Debates Fresh Round of Manipulation Claims
An investigative Bloomberg article raising concerns about market manipulation of tether on the Kraken exchange has sparked a social media firestorm.

Voorhees vs Schiff: Bull Meets Bear at NY Bitcoin Debate
Bitcoin will eventually come to replace government-backed fiat currencies, Shapeshift CEO Erik Voorhees argued at a debate Monday.

Crypto Valley Declares Blockchain Voting Trial a 'Success'
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UK Food Watchdog Trials Blockchain for Meat Inspection
The U.K.'s food watchdog announced its success in a pilot project tracking and monitoring data about meat on the blockchain.

Dead Cat Bounce? Bitcoin Charts Show This Rally Could Be Different
Bitcoin has teased the bulls several times over the past few weeks, but the charts suggest today's rally might hold more weight.

SEC Charges Two In Illicit UBI Blockchain Stock Sale
The U.S. Securities and Exchange Commission charged two Nevada residents with illegally profiting off stock sales of a self-described blockchain firm.

The Russian Military Is Building a Blockchain Research Lab
The Russian Ministry of Defense is launching a blockchain research lab to examine how to combat cybersecurity threats.

For Litecoin's Price, This Week's Close Could Be Pivotal
Litecoin's close this week will likely set the tone for the next major move in prices, the technical studies indicate.

Coinbase's New Custody Service Is Now Live
Having accepted its first deposit last week, Coinbase Custody is officially "open for business," the exchange said Monday.

Thai Securities Firms to Team Up for Crypto Exchange Launch
With a new cryptocurrency law taking effect soon, a group of traditional securities firms in Thailand plans to jointly launch an exchange.

It's Too Soon for On-Chain Governance
The EOS governance disaster offers a strong reminder of how entrenched human mistrust can be difficult to overcome.

Self-Proclaimed Satoshi Says Bitcoin Book in the Works
An individual claiming to be bitcoin inventor Satoshi Nakamoto has announced they are writing a book about the cryptocurrency and its history.

Back Above $6K: Bitcoin's Bull Reversal Is a Work in Progress
Having bounced back over the weekend, bitcoin needs to clear the falling channel resistance before claiming a short-term bullish reversal.

Huobi's New Voting Rules Anger Crypto Fund 'Supernodes'
Huobi has set new rules for selecting new tokens on its HADAX exchange, a move that offended several crypto funds and led to a boycott.
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