Brickbat: Cashed Out
An Israeli law took effect this week banning cash transactions of more than 6,000 NIS (about $1,700). Officials said the goals of the law are to increase tax compliance and …
Currency
Politicians Cause Real Pain With Inflationary Policies
Gasoline prices just hit new record highs, and that’s just the tip of the iceberg, inflation-wise. As consumers know, but federal officials seem slow to admit, everything is becoming more …
Elizabeth Warren Compares Buying Bitcoin to ‘Buying Air’
On Meet the Press, Chuck Todd posed a series of cryptocurrency-related questions to Sen. Elizabeth Warren (D–Mass.): “If I buy bitcoin, am I buying a share of stock or am …
Turks Flee to Gold, Bitcoin, and Foreign Currency as Government Devalues Lira
The rising price of everything is hard to miss when you see it in the groceries, holiday gifts, and the tab at the fuel pump. Inflation isn’t just an American …
Banks and Trade Groups Reject Saule Omarova, Biden’s New Currency Comptroller Pick
Some people who survived the Soviet Union took its failures as lessons learned the hard way, not worth replicating. But not Saule Omarova, President Joe Biden’s pick to serve as …
Bank of England digital currency plan includes help from pro-censorship companies PayPal, Visa, and Mastercard
The Bank of England (BoE) and the UK Treasury announced PayPal and Visa as some of the corporate companies that will be working on a possible central bank digital currency …
China Declares All Virtual Currency Transactions “Illegal”, Sending Crypto Prices Tumbling
China Declares All Virtual Currency Transactions “Illegal”, Sending Crypto Prices Tumbling China expanded its escalating crackdown on cryptocurrencies on Friday when its central bank declared that all activities related to …
Bitcoin: ‘A Weapon for Us To Fight Oppression’
When Fodé Diop was a high school senior growing up in Senegal, he was accepted to Emporia State University in Kansas to study engineering and play basketball. But before enrolling, …
As Crypto Crashes, Goldman Buys Ether Over Bitcoin, But Gold Best As “Cheap [Currency] Debasement” Hedge
As Crypto Crashes, Goldman Buys Ether Over Bitcoin, But Gold Best As “Cheap [Currency] Debasement” Hedge As negative-yielding debt has begun to soar again, gold has caught a bid, but …
Is El Salvador’s Embrace of Bitcoin Good, Bad, or Both?
Have you heard the good news? The fiduciary light of Satoshi is coming to the nation of El Salvador in a big way. Our Constantine in this case is the …