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Facebook’s Libra Isn’t a “Cryptocurrency”

Facebook’s Libra Isn’t a “Cryptocurrency”

  By Thomas L. Knapp In mid-June, Facebook — in cahoots with 28 partners in  the financial and tech sectors — announced plans to introduce Libra, a blockchain-based virtual currency. The world’s governments and central banks reacted quickly with calls for investigation and regulation.  Their concerns are quite understandable, but unfortunately already addressed in Libra’s […]

Why I am Still a Cryptocurrency Enthusiast, 2019 Edition

Why I am Still a Cryptocurrency Enthusiast, 2019 Edition

  By Thomas L. Knapp Cryptocurrencies had a rough ride in 2018. As of January 7, 2018, the total market capitalization of all cryptocurrencies tracked by CoinMarketCap.com came to more than $800 billion, its highest point ever. As I write this on January 3, 2019, that total market capitalization is down to about $130 billion […]

Bitcoin and Cryptocurrencies: What’s True?

Bitcoin and Cryptocurrencies: What’s True?

by Phil Erwin   So, you ask: Just what the Hell is a “Bitcoin”? Good question. I could tell you, “It’s an implementation of blockchain technology.” True, but not very helpful. Or I could tell you, “It’s a kind of money that’s stored in computers.” Not entirely inaccurate, but not all that helpful, either. Do […]