At roughly $10,000 as we go to press, crypto skeptics Read more
Why the US-China Trade War Could Tip Us into a Global Recession… And Which Cryptoassets Could Benefit
As we go to press, the financial media is aflutter Read more
For many cryptoasset fans, it was like Christmas in June. Facebook released the long-awaited white paper for its stablecoin Libra on the 18th of June. While plenty of digital ink has already been spilled both castigating and adulating the tech giants’ first major foray into digital assets, we wanted to provide our first glance takeaways on some of Libra’s key features:
Much like a 10-year old child who got the wrong color toy at his birthday, Bitcoin bulls are throwing a fit on the eve of the cryptoasset’s decennial anniversary. Unlike an adolescent temper tantrum though, Bitcoin’s current crisis may last for months before a sense of a calm returns to the market.
Facebook’s foray into cryptocurrency has a lot of people shaking their heads in unequal parts of confusion, disbelief and misunderstanding. Blockchain technology is an emerging technology, one that I like to think I’ve got a reasonable handle on. So I’m here to tell you the top ten, most important things about what Facebook has just announced.