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Tag Archives: questions

German Court Ruling Raises Questions about Bitcoin’s Legal Status

Until recently, Germany’s Federal Financial Supervisory Authority (BaFin) classified bitcoin as a financial instrument, but a subsequent court ruling disclaimed this categorization and decided that the cryptocurrency does not meet this definition under the terms of the German Banking Act (KWG). Bitcoin Unrecognizable to German Legal Framework The Berlin Court of Appeal in September dismissed a criminal proceeding against the ...

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New Google Joke Advertisement Questions the Validity of Cryptocurrency as Money

Google entered the cryptocurrency-as-money debate on Tuesday, Oct. 9, arguing over its validity during an introductory video for a new feature from its Google Assistant tool. While demonstrating how its Call Screen caller ID function works, two Google presenters enter into a brief discussion about cryptocurrency in a spoof argument. The Call Screen shows the identity of an incoming call ...

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Poll: Majority of Investors Believe Cryptocurrency will Appreciate During a Recession, Begs Usability Questions

Fundstrat Global Advisors found in a poll among institutional investors and twitter users that a majority of individuals believe that cryptocurrency prices will rise during a recession. The poll found that 72% of institutional investors believed that cryptocurrency prices will increase during a recession, while 59% agreed via the twitter poll. The institutional investor sample size was 25, while the ...

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UK Gov’t Faces Questions Over Impact of Crypto Bear Market on UK Blockchain Industry

The U.K. government has faced questions over whether it is actively monitoring the impact of the global crypto market downturn on the domestic blockchain industry, Finance Feeds reports September 18. Lord Taylor of Warwick is reported to have asked “Her Majesty’s Government what assessment they have made of reports that the value of cryptocurrencies in the United States is falling, ...

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Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically “viable” just because they are pegged to an asset, though Eichengreen does believe they have an advantage over “conventional cryptocurrencies” such as bitcoin which he says “is ...

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Calvin Ayre Answers Your Questions

Our Expert Calvin Ayre is the founder of the original Bodog online gaming enterprise, and creator of the global BodogBrand. As online gaming’s popularity surged, Ayre landed on the cover of Forbes magazine’s 2006 annual Billionaires edition and Star magazine’s “Most Eligible Billionaire Bachelors” list in late 2007. As an industry pioneer, online branding icon, and serial entrepreneur for online gaming you may ask what made him ...

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SIX Group Executive Questions Launch of Crypto Trading, Expresses ICO Optimism Instead

Thomas Zeeb, CEO of securities services at Switzerland’s top stock exchange SIX, revealed that the firm is unlikely to launch crypto trading, Business Insider reported August 17. According to Zeeb, cryptocurrencies are really “not a priority” at the moment, taking into account the fact that there are a number of other platforms that provide Bitcoin (BTC) trading services. Moreover, Zeeb ...

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Five Questions to Ask Before Investing in a Blockchain Company

As interest in blockchain continues to gain traction, the importance of investor education is at an all-time high. With hundreds of new projects popping up every week, it may be hard to separate the wheat from the chaff. Not every project can be or will be successful. To further complicate matters, some come with a cryptocurrency token used to raise ...

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Vitalik Buterin Asks Cryptocurrency Community Seven Difficult and Reflective Questions

The Ethereum co-founder, Vitalik Buterin, came up with seven difficult and reflective questions for the cryptocurrency community to examine its progress and path forward. The questions were posited in a WeChat group, Mars Finance, and are listed below “Bitmain and affiliated pools now have ~53% of all bitcoin hashpower. Isn’t this a really big problem?” “Why aren’t there any useful ...

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EOS Bug Bounty Launch Raises Questions From Industry Experts

The mainnet launch of EOS is inching closer. As such, the developers want to ensure there are no lingering bugs or fatal flaws for hackers to exploit. A bug bounty program has been created which rewards $10,000 for every bug discovered and shared. This is a positive development, even though the venture also receives some backlash from industry experts. The ...

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