Blog
Brazil’s Experiment with Digital Currency
QUESTION: Hi, Mr. Armstrong I noticed that the national news agency in my country had an article about a local digital currency in Maricá, Brazil. It is called [...]
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China Seizes all Bitcoin Bank Accounts
Chinese police have frozen several thousand accounts of Bitcoin traders during an extensive crackdown on illicit activities, which includes transferring money out [...]
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China Moving to Create a Digital Currency
China’s National People’s Congress has passed a new law to create a digital yuan. Back on December 5, 2013, the People’s Bank of China (PBOC) took [...]
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Why Silver & Barter Could Become the Alternative to Cryptocurrency
QUESTION: RE: ….& Coming Barter System. So, are you suggesting that we may see a shift to Silver by private individuals as the only way to [...]
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Are Cryptocurrencies A Fictional Dream?
COMMENT: Dear Mr. Armstrong; I suppose we have to learn the hard way. Our electronic currency system crashed here in Zimbabwe. Many people were using it because of [...]
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Did the Swiss Reject the Same Idea Behind Cryptocurrency?
COMMENT: Mr. Armstrong; As you know, we rejected the proposal to eliminate banks from creating money by lending or the Sovereign Money Initiative. What you [...]
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Cryptocurrencies Vulnerable to Hackers?
QUESTION: It certainly seems that the cryptocurrency world has its flaws and may even be worse than traditional bank accounts and credit cards. They keep getting [...]
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Can Cryptocurrencies Survive?
QUESTION: Do you think Bitcoin can survive? Or has it been a passing fad? MT ANSWER: Bitcoin rose because 70% of the miners were in China. It was NOT simply because [...]
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Cryptocurrency & the Race for Money
QUESTION: You have talked about bitcoin and are rightly skeptical as we all should be, yet creative destruction rolls on. What insights do you have to share about [...]
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