Commentary The U.S. dollar could someday go the way of all paper-currencies past and be consumed in a hyperinflationary fire. It seems unlikely but it is possible. In some ways, given the reckless policies of the past three years, we should be perhaps surprised that it hasn’t happened yet. If the dollar loses its status…
What Will You Use as Money If the Dollar Dies?
DOJ Charges 2 Russian Nationals in Mt. Gox Crypto Hack
The U.S. Department of Justice (DOJ) has charged two Russian nationals linked to the 2011 hack of cryptocurrency exchange Mt. Gox and the illicit bitcoin exchange BTC-e, according to charges unsealed on Friday. Both suspects will face charges related to money laundering conspiracy in the Southern District of New York. One suspect will also be charged…
Binance Lifts 2nd Block on Bitcoin Withdrawals Within a Day, Citing Unprecedented Cashing Out Volumes
Cryptocurrency exchange Binance halted bitcoin withdrawals twice within 24 hours on Sunday and Monday, citing heavy cash out volumes. For 90 minutes on Sunday morning and again for a few hours later Sunday night, Binance stopped all bitcoin withdrawals on its platform, saying there were too many pending transactions. “We’ve temporarily closed $BTC withdrawals as the #Bitcoin network is…
Fugitive CEO Fined Record $3.4 Billion for Bitcoin Investment Fraud
A United States court has ordered a South African citizen to pay over $3 billion in fines for duping American investors through a fraudulent Bitcoin investment scheme. Cornelius Johannes Steynberg was ordered by a federal judge in the U.S. District Court for the Western District of Texas to pay $1.73 billion in restitution to defrauded…
Oppose Digital Currency—Communism Beyond Marx’s Dreams
Commentary For years, we have known that our government is spying on us, that the phones in our pockets and purses are literal homing devices capable of tracking our every move, even when turned off. That’s bad enough, but the looming possibility of digital currency takes the war on individual freedom to a different level,…
America Is Losing the Crypto Space-Race, Interests Argue Over How to Regulate
The cryptocurrency world is rapidly evolving, with new developments emerging almost daily. However, America is in danger of falling behind its global competitors, according to Coinbase Chief Legal Officer Paul Grewal. During Thursday’s hearing of the House Subcommittee on Digital Assets, Financial Technology, and Inclusion, Grewal emphasized the importance of the crypto industry while accusing…
Bankman-Fried’s Lawyers Say October Trial May Need to Be Delayed
NEW YORK—Sam Bankman-Fried’s lawyers said on Wednesday it may be necessary to delay the FTX cryptocurrency exchange founder’s scheduled Oct. 2 criminal trial, arguing it may take more time than expected to review the evidence and prepare a defense. In a letter to U.S. District Judge Lewis Kaplan, the 31-year-old former billionaire’s lawyers said federal…
Curious Case of Grayscale and the Big Bitcoin Discount
Commentary Anyone who watched television during 2022 saw the ubiquitous TV commercials for Grayscale, which manages the world biggest Bitcoin investment fund. Those ads touted Bitcoin as “the future” and should be part of a retiree’s portfolio. But investors in Grayscale Bitcoin Trust (GBTC) are facing both a problem and an opportunity. The problem? GBTC…
Is China the Rising Power It Says It Is? Its Population Crisis Says Otherwise | The Larry Elder Show | EP. 122
China has announced that its population declined in 2022 by 850,000 people—the first such decline in 60 years, since the disastrous “Great Leap Forward.” Reggie Littlejohn, President of Women’s Rights Without Frontiers, has been working to stop forced abortion in China for many years. She joins Larry Elder to discuss China’s one-child policy and the digital…
PREMIERING 3 PM ET: Is China the Rising Power It Says It Is? Its Population Crisis Says Otherwise | The Larry Elder Show | EP. 122
China has announced that its population declined in 2022 by 850,000 people—the first such decline in 60 years, since the disastrous “Great Leap Forward.” Reggie Littlejohn, President of Women’s Rights Without Frontiers, has been working to stop forced abortion in China for many years. She joins Larry Elder to discuss China’s one-child policy and the digital…
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