Category: Digital Assets
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Our Value of Money Is Subjective But That Doesn’t Make It Meaningless
In my last op-ed, I discussed how the value we place on items and goods is subjective based on Carl Menger’s Subjective Theory of Value and how these concepts apply to people’s perception of value with things like fiat, gold, and bitcoin. The post outlined the idea that money cannot serve as a store of…
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How to Send Bitcoin Cash via Text Messages to Anyone With a Mobile Phone
Cointext allows you to send bitcoin cash (BCH) to anyone with a mobile phone in the regions supported by the service even if you don’t have access to the internet. On a global scale, the availability of cheap devices can help many more people use cryptocurrency for payments via SMS text messages. Also Read: Learn…
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Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans
With cryptocurrency markets back to life, hodling sounds like a smart strategy once again. Cryptocurrency owners are now more likely to pledge coins to borrow fiat if they need it, rather than sell their appreciating digital assets. The spread of crypto-backed loans could also be a good indicator of investor sentiment. According to a source…
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Putting an End to the Bitcoin Store of Value Fallacy
Over the last few years, many have claimed that bitcoin core (BTC) has turned into, or will soon become, a store of value (SoV). Proponents of the BTC-based SoV theory seem to think that money can somehow store value and if it’s held long enough, the price will be higher or predictably useful when spent…
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The Number of Cryptocurrency Wallet Users Keeps Rising
Data published recently shows that the number of cryptocurrency wallet users has been steadily increasing over the years, almost independently of the market ups and downs. This positive trend has continued throughout the extended bearish market and has in fact steepened in the last few weeks. Also read: Dozens of Crypto Trademarks Filed in the…
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Bitpay and Refundo Now Provide Tax Return Payouts in BTC
On April 30, the global cryptocurrency payment processing firm Bitpay announced its partnership with the tax-related financial products and services provider Refundo. The collaboration will give U.S. residents the ability to receive all or a portion of their federal and state tax refunds in crypto. Also read: How to Create a Bitcoin Cash Wallet With…
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Russia Prepares to Test Cryptocurrencies in Four of Its Regions
The Russian Federation, which is yet to regulate digital assets, is now planning to allow four of its regions to test innovations that are not covered by its current legislation. A bill drafted by the Economy ministry envisages the establishment of regulatory sandboxes there. The special economic zones will allow companies, entrepreneurs and authorities to…
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Survey Shows South Koreans Increased Crypto Holdings by 64% Last Year
[youtube https://www.youtube.com/watch?v=cy4cdxTfu2E&w=560&h=349] Over the last few years, South Korea has become a hotspot for cryptocurrencies and the region captures a large amount of the world’s digital asset trade volume. A survey published on April 20 by the Korea Financial Investment Association shows that the average South Korean cryptocurrency trader has increased their crypto holdings by…
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Statistics Show Bitcoin Cash Is a Strong Contender After Crypto Winter
Over the last few weeks, bitcoin cash (BCH) and the network itself have been shining brightly after a year of bearish sentiment and the blockchain split last November. Most notably, this month BCH has shown a significant increase in daily transactions, the price has doubled, and today the network has produced the second highest value…
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Darwinos Burger Joint Hosts Colombia’s Second Point of Sale and Crypto ATM
[youtube https://www.youtube.com/watch?v=KkTtV5eK9zY&w=560&h=349] Three months, ago news.Bitcoin.com reported on Panda Exchange launching a hybrid point-of-sale (PoS) and cryptocurrency ATM in Bogotá, Colombia. Since then, the Panda team has also helped Athena Bitcoin install a crypto ATM in Cúcuta, Colombia to serve as a crypto gateway for Venezuelans. On April 17, Panda announced the installation of its…