Author name: Peter

Defending The Undefendable: The Censoring Miner

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The Unjustly Vilified Heroes Prostitution, blackmail, slumlords, and Bitcoin miners who censor transactions may seem like unsavory characters, but they are actually heroes of the free market economy. Despite facing widespread scorn and outlawry, these individuals provide valuable economic services. To truly understand their heroism, we must remove the shackles imposed upon them by misguided […]

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El Salvador Introduces Exclusive Citizenship Through $1 Million Crypto Investment

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El Salvador's Bold Bid: Citizenship for Crypto Millionaires El Salvador has recently launched a new citizenship investment program called the "Freedom Visa." This program is open to a limited number of applicants and offers Salvadoran citizenship in exchange for a $1 million investment in bitcoin or tether. The "Adopting El Salvador Freedom Visa" Program El

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Brazil to Discuss Digital Currency Usage for Financial Transactions in G20

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Brazil to Discuss Digital Currencies as G20 President The government of Brazil will hold discussions on digital currencies and the potential benefits they can bring to financial transactions as part of the Group of the Twenty (G20). With Brazil assuming the G20 presidency on December 1, the country aims to leverage its position to drive

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The Anticipated Approval of Spot Bitcoin ETFs Drives Bitcoin Price Surge

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Insights into the Surge of Bitcoin's Price Yiannis Giokas, a senior director with Moody's Analytics, has provided insights into the factors behind the recent surge in bitcoin's price, highlighting the anticipated approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Moody's Analytics, a subsidiary of Moody's Corp. focusing on

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Brian Armstrong: Bitcoin Could Extend Western Civilization, Says Coinbase CEO

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The Role of Bitcoin in Western Civilization Brian Armstrong, the CEO of Coinbase, a leading crypto exchange based in the United States, believes that Bitcoin could play a significant role in extending Western civilization. In a recent post on X, Armstrong shared his thoughts on the potential impact of Bitcoin on the future of Western

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New Jersey Bill Proposes Classifying All Crypto Tokens Sold to Institutional Investors as Securities

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A new bill has been introduced in the state of New Jersey that aims to classify all cryptocurrencies issued and sold directly to institutional investors as securities. This is in contrast to the stance taken by the U.S. Securities and Exchange Commission (SEC), which has previously stated that bitcoin is not a security. However, SEC

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The SEC’s Deliberate Lack of Clarity in Crypto Regulation, According to U.S. Lawmaker

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A Congressman's Accusations U.S. Congressman Tom Emmer has criticized the Securities and Exchange Commission (SEC) for its intentional policy of providing less clarity to the cryptocurrency market. Emmer claims that the SEC's actions are in violation of the law, leading to repeated losses in court. He also suggests that SEC Chair Gary Gensler has a

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Peter Schiff Predicts Bitcoin’s Swan Song: A Comparison of Gold and Bitcoin Rallies

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Introduction Europac's chief economist, Peter Schiff, has recently shared his insights on the market movements of gold and bitcoin. Schiff believes that the recent pullback in gold prices has created an opportunity for bitcoin prices to surge. However, he predicts that bitcoin will eventually collapse while gold prices will continue to rally. Bitcoin's Swan Song

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Comparing Peaks: Bitcoin Hits 20-Month High, Other Cryptos Still Strive for Past Glories

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Bitcoin's value has skyrocketed to levels not seen since April 6, 2022, and several other cryptocurrencies have also benefited from the surge of the leading cryptocurrency. However, despite experiencing significant increases in percentage gains, these digital currencies have yet to reach the peak values achieved during that period. From Then to Now: Bitcoin at 20-Month

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