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Tag Archives: Op-ed

Twitter’s Jack Dorsey Is Dangerously Wrong About Bitcoin’s Role as World Currency

Jack Dorsey’s love letter to bitcoin fans isn’t the ‘poetry’ that everyone thinks it is. The Twitter CEO’s Square Cash app stands to benefit more than the average cryptocurrency user. Bitcoin’s ridiculously high transaction fees make it an implausible candidate for an everyday global currency. According to Twitter CEO Jack Dorsey, bitcoin is poised to become the native currency in a new global internet-based economy. But Dorsey’s latest love letter to bitcoin on a recent episode of the Lex...

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Peter Schiff Says Bitcoin Will Hit $3,000 Before Gold Does. He’s Wrong.

Euro Pacific Capital CEO Peter Schiff predicted the housing crash from 2006 to 2007. But now he’s warning about a bitcoin bubble. Schiff predicted Saturday that bitcoin will crash to $3,000, while he says gold will surge to $3,000, but not before bitcoin gets there first. Here’s why Peter Schiff’s wrong this time. Peter Schiff’s views on bitcoin are fascinating. He riled up both sides of the bitcoin vs. gold debate among U.S. dollar skeptics this weekend with this taunting question: Source:...

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‘The Banks Are Broke’: This Viral Video From 2013 Is More Relevant Than Ever

“All the Banks Are Broke,” and they’ve only got worse. Quantitative easing forever? The threat of cryptocurrencies will disrupt the financial sector.  A video from 2013 depicting a European minister’s tirade against the global banking system has recently re-emerged and gone viral. Gaining massive traction within the crypto community, the speech is now more relevant than ever — and central banks know it. “All the Banks Are Broke” Within an impassioned speech, British politician and former...

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Is There Any Truth to the Tesla-Bitcoin Parallels?

Is there a bitcoin-Tesla connection? Are BTC and Tesla truly the world’s most “disruptive” technologies? Blockchain, not bitcoin. Thanks to a significant uptick in Tesla (NASDAQ:TSLA) stock since the start of 2020, a new narrative has emerged: Tesla stock is—apparently—the new bitcoin. But is there any truth to this beyond a trivial analytic link? The chronicle of Tesla’s price surge—and its kinship to BTC—is being picked apart by nearly every analyst of late. One of...

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Why Is Justin Sun Lying to TRON Holders? Follow The Money

Justin Sun deflected responsibility for the recent TRX hard cap removal onto TRON’s Super Representatives. But an online paper trail shows that Sun and his team were the ones who proposed the change. The change to TRON’s block rewards stand to benefit Sun, and Binance – which currently controls 55% of TRON’s staking network. Justin Sun was urged to conduct a 1 billion TRX token burn by the TRON community after it was revealed the TRX coin supply would exceed the...

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Yang in the Oval Office Is Bitcoin’s Only Chance of Reaching Critical Mass

Yang: cryptocurrencies need “one national framework.” The U.S. is falling behind in crypto innovation. Yang may be bitcoin’s only chance at mass adoption. For bitcoin and other cryptocurrencies to unlock their full “potential,” there needs to be a holistic approach to crypto regulation. This is according to the 2020 U.S. presidential hopeful Andrew Yang, who has presented yet another bullish argument in favor of cryptocurrencies. In a recent interview with Bloomberg,...

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Outrageous Coronavirus Stunt Proves Justin Sun Will Go Full-Cringe to Shill Tron

Tron CEO Justin Sun is on his way to help the people of Wuhan province with a box of face-masks. The founder continues to live up to his reputation for capitalizing on any opportunity to advance his own cause. The real beneficiaries here are Tron and Justin Sun himself, who knows the value of a well-timed tweet. Tron: When you give to the needy, don’t announce it with trumpets. So says Matthew 6:2, and if anyone in the cryptocurrency space should take heed of those...

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Stop Using Kobe Bryant’s Death to Promote Your Dying Cryptocurrency

Cryptocurrency project Tron and founder Justin Sun co-opts Kobe Bryant’s death to promote an upcoming blockchain conference. It’s the low point in a long string of disingenuous marketing ploys from Sun. Tron cryptocurrency has lost 91% of its value since highs in 2017. Cryptocurrency company Tron and its founder Justin Sun just found a new low: co-opting the tragic death of Kobe Bryant to promote their project and conference. In poor taste, the Tron Foundation Twitter...

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Peter Schiff’s Bitcoin Wallet Vanishing Act Is the Most Boomer Thing Ever

Peter Schiff cannot access his bitcoin wallet and is blaming his “losses” on the blockchain. Schiff is a boomer in every sense of the word, and his lack of blockchain understanding shows. Maybe he has a secret crush on bitcoin. Peter Schiff has “lost” all of his bitcoin. Or at least he thinks he has. A Sunday morning tweet revealed that he could no longer access his crypto wallet due to a decryption error: Human error or something more sinister? | Source:...

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‘Independent’ Stock Market Researcher Fundstrat Shills Paid Crypto ‘Report’

Stock market research firm Fundstrat published a bullish 71-page report promoting the IOTA cryptocurrency to its clients. Something doesn’t add up when you compare this to a public disclosure found on its retail portal. The IOTA project already has a shifty reputation, and Fundstrat isn’t doing itself any favors. The stock market research firm founded by notorious bitcoin price prediction “expert” Tom Lee has been spotted promoting the controversial IOTA...

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