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Tag: cryptocurrency

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...

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...

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...

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...

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...

Is Cryptocurrency a Government Plot?

  QUESTION: You have said that the future will be cryptocurrencies. The Bank of Canada has come out and acknowledged what you have been saying that such...