Bitcoin Mining Wastes Energy? What If That’s a Good Thing?
I am frustrated by the debate over whether or not bitcoin is an environmental disaster waiting to happen. No one seems to know what assumptions to use.…
Tag: Currency
Finance Bigwig Mohamed El-Erian Says Bitcoin Is a Commodity
Bitcoin cannot be considered a currency, one of the world’s most prominent financial commentators and institutional investors said. Mohamed El-Erian told CNBC that currencies normally serve…
Philly Fed Chief: Bitcoin Has Little Chance of Thwarting Monetary Policy
Bitcoin and other cryptocurrencies are unlikely to weaken the Fed Reserve’s influence on the U.S. economy. That’s according to the president of the Federal Reserve…
US Bank Regulator Opens Door to National License for Bitcoin Firms
The acting comptroller of the currency for the U.S. Treasury Department has said he is open to the idea that a new breed of banks…