Posts Tagged ‘digital currency’


Artificial Intelligence Changes the Finance Game

As far back as 1990, financial experts were predicting that in the not too distant future, investment and money management would be aided by sophisticated computer technologies. Flash forward a couple of decades, and that future is here. Robotics experts predict that by 2025, robots and other kinds of “smart” digital technology will have achieved […]

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Bitcoin Ponzi Scheme: New Coin, Old Scam?

The Bitcoin is looking more and more like traditional money every day. In just a few short years, the upstart digital currency has gone from a mere novelty to a multimillion dollar trading commodity subject to many of the ills that plague “real” money backed by national and international banks. The latest step: a massive […]

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The Bitcoin Bounces Back

After a rough couple of years, the Bitcoin is surging back with a vengeance. Just a year after its fall from grace in the Silk Road drug site scandal, the digital currency’s market value has even beaten gold in the world’s markets. Whether hailed as a welcome alternative to government-controlled currencies or despised as a […]

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The Dollar: The World’s Go-To Currency

When your country’s facing economic turmoil, who you gonna call? For worried consumers around the globe, the obvious answer is the trusty US dollar. Just ask the Russians. As Russia slides deeper into economic crisis, dollars are in high demand, followed by the euro. That leaves the country’s own currency, the ruble, far behind. As […]

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Drug Lord or Hero: The Silk Road’s Founder Confounds Expectations

The Silk Road is dead. That eclectic online marketplace for trafficking in illegal substances of every kind was raided and shut down in 2013 by the FBI and other federal agencies, who confiscated its multimillion dollar store of Bit coin. But its mysterious founder, known online as Dread Pirate Roberts, continues to confound. This enigmatic […]

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A Cash Free Society? Sweden Leads the Way

Hard metal in the hand or virtual numbers on a card, money is what people agree that it is. And now, as Sweden moves quietly toward a cash-free society, the very nature of money – and what it means – could be forever changed. Sweden has long been in the vanguard of cultural shifts. Its […]

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The Fed’s Stimulus Strategy: Silencing Skeptics?

In the end, did hard easing work? That contradictory term for Qualitative Easing version 3, the Federal Reserve’s controversial and much disputed stimulus plan, has been in the news and on the minds of economists and financial advisers since it was conceived in 2012 as the latest attempt to boost the nation’s economic recovery. From […]

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Data Theft Crosses All Borders

The Digital Age has all but erased many of the world’s conventional borders. While that’s undeniably useful for commerce and communication, it’s also made cybercrime a household word, as thousands of American Express cardholders in California found out this spring. Back in March 2014, the American Express Company revealed that data hackers had stolen the […]

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The MintChip: Mainstream Banking Tries to Get Digital

It sounds like a new kind of snack: the MintChip. But this product of the Royal Canadian Mint represents a new stage in the evolution of digital currency: digital money created and controlled by a state bank. And its demise in April 2014 serves as a cautionary tale about the efforts of governments and traditional […]

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What’s In Your (Dark) Wallet?

The Bitcoin is making more and more strides toward worldwide acceptance—and that’s fueling increased efforts to regulate use of the new digital currency. But Bitcoin supporters who embrace the freedom and anonymity of the Bitcoin and other monies like it are fighting back as only they can –with new technology. The newest weapon in their […]

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