Cryptocurrencies

Things to Know About NFT Trading

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What is an NFT?

NFTThis new investment may have piqued your interest for its lucrative prices. After all, one of the most expensive non-fungible tokens (NFTs) around has a $69.3 million price tag.

However, before diversifying your portfolio to these digital artworks, it’s best to learn more about them. Do you have no idea where to start? We can help, so continue reading for a quick guide on NFT trading:

1. NFT Art Evaluation Factors

People consider NFTs like a new crypto market, much like Bitcoin OTC. As such, finding their value may be a tricky task. However, these are the following factors to help: Continue reading →

Supernotes: An Old Story With A Modern Kick

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supernotesJoseph P Farrell – I want to revisit a story that is now some years old, and which I’ve blogged about before, because now the story assumes a new urgency within the current financial and geopolitical context, and that’s the “supernotes” story from the mid-2000s (articles courtesy of M.D.).

My earlier forays into this story can be found on the website by simply searching for “supernotes”. One article in particular should be in your mind as you read today’s revisiting of the subject: Continue reading →

Fake Swiss Gold Bars In Circulation

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fake gold barsJoseph P Farrell – Our deep thanks to M.D. for spotting this “little” story, because I suspect that there’s much more lurking here than meets the eye, and I’ll boil it down to a bit of a supremely wild and woolly high octane speculative thesis: (1) if you can have a hidden system of finance, reliant upon fraud, cooked books, outright theft, and re-hypothecation to infinity (and trust me, there’s a relationship to Mr. Central Bankster’s flirtations with infinite debt here), then (2) you can have fake gold standards.

“Say wha….?”  you might be asking. Patience, we’ll get back to that. Here’s the article from Reuters that M.D. spotted: Continue reading →

An Everyman’s Guide To Understanding Cryptocurrencies

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KeynesianCharles Hugh Smith – When an asset rises by almost 30% in a few weeks, it tends to attract attention. Recently, that asset was bitcoin (BTC). The price of BTC in dollars rose from $454 on May 23 to $590 on June 6th. (NOTE: BTC has since jumped by $70, from $580 to $650.)

When an asset doubles in a matter of a few months, it tends to attract attention.  The cryptocurrency Ether (part of the Ethereum platform) doubled from around $7 in April to roughly $14 in early June.

Are these cryptocurrencies mere fads? Or are they potentially game-changing alternatives to the conventional currencies such as the U.S. dollar, Chinese RMB, Japanese yen or European Union euro?

There’s no lack of skeptics and critics of bitcoin and other cryptocurrencies. For example, “National currencies aren’t as Centralized, and Bitcoin isn’t as Decentralized, as you think.” (Source) Continue reading →

The challenge of regulating cryptocurrencies

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Blockchain is one of the most promising fintech innovations of our time. It can revolutionize international finance. Cryptocurrencies have the potential to bring down the high costs of international money transfers down to almost zero. This would help millions of the world’s poor who depend on remittances. These developments would move us closer to achieving the global Strategic Development Goals. However, Blockchain applications have challenges too.

The foremost hurdle to the adoption of digital currencies is the issue of regulating them. Nations have taken widely different approaches to this. Some have burnt their fingers and others remain cautious. There are also a select few countries that are aggressively adopting and promoting digital currencies. Continue reading →