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The Mob Began to Think and Reason | Hazlitt | Random House of Canada

The Mob Began to Think and Reason | Hazlitt | Random House of Canada | money money money | Scoop.it
David Graeber, an anthropologist and key figure in the Occupy Wall Street protests, dissects the deeply undemocratic origins of America and the meaning of anarchy in this excerpt from his book The Democracy Project.
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Bitcoin Freefall Continues. Is The End Near? - Investing.com

Bitcoin Freefall Continues. Is The End Near? - Investing.com | money money money | Scoop.it
Bitcoin Freefall Continues. Is The End Near?
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Did Margin Trading Crash the Price of Bitcoin? - CoinDesk

Did Margin Trading Crash the Price of Bitcoin? - CoinDesk | money money money | Scoop.it


The price of bitcoin on the CoinDesk Bitcoin Price Index (BPI) has declined more than $60 today (by the time of publication), falling to a low of $435.60.

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Whatever happened to Bitcoin? (Hint: nothing good) - NASDAQ

Whatever happened to Bitcoin? (Hint: nothing good) - NASDAQ | money money money | Scoop.it

Remember Bitcoin ? For a time, it seemed, it was everyone's favorite alternative to both fiat currency and gold , and hype once drove its price very high (over $1,000 per unit, whatever that means). As is probably clear already, I am far from neutral on the issue of Bitcoin's supposed "value."



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Bitcoin Price is Record Low: The Best Time to Buy Bitcoins? - CryptoCoinsNews

Bitcoin Price is Record Low: The Best Time to Buy Bitcoins? - CryptoCoinsNews | money money money | Scoop.it


bitcoin peace of mind In the last week we have witnessed sell orders of more than 1000 bitcoins at a time pushing the Bitcoin price downwards.

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Dragon-King or Black Swan: Can We Predict the Next Financial Crisis? - Wall St. Cheat Sheet

Dragon-King or Black Swan: Can We Predict the Next Financial Crisis? - Wall St. Cheat Sheet | money money money | Scoop.it

Financial crises always seem to come out of nowhere. Despite the best guesses of economists, it seems that every few decades another one turns every prediction on its head. How could there possibly be a way of predicting the unpredictable?


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ChangeTip Wants To Kill Clickbait With Social Bitcoin Micropayments | TechCrunch

ChangeTip Wants To Kill Clickbait With Social Bitcoin Micropayments | TechCrunch | money money money | Scoop.it

ChangeTip is hoping to drive mass adoption of micropayments on the web by using Bitcoin plus existing social networks as the medium to deliver feeless micro donations to content creators. Which means part of its mission is “to spell the end of clickbait“. And that’s something anyone who spends time online should really be rooting for.

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The Bitcoin-Litecoin Decoupling, Redux | TechCrunch

The Bitcoin-Litecoin Decoupling, Redux | TechCrunch | money money money | Scoop.it

The price of litecoin and bitcoin, two of the most prominent cryptocurrencies, once saw their prices go up and down in something approaching a consistent ratio.

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Bitcoin's Price Falls 12%, to Lowest Value Since May

Bitcoin's Price Falls 12%, to Lowest Value Since May | money money money | Scoop.it
Bitcoin’s price has been noticeably falling in recent weeks after a period of relative stability, though those who trade in the virtual currency say the drop is par for the course.
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How Bitcoin might transform international payments — a lifeline for millions - VentureBeat

How Bitcoin might transform international payments — a lifeline for millions - VentureBeat | money money money | Scoop.it

Jamie Dimon, the head of JP Morgan Chase, has seen it all—but even he has to steel himself for this moment. “You are about to experience the most unbelievable week in America,” he says over the phone to his employees.

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For merchants, Bitcoin shows more pop than potential - Austin American-Statesman

For merchants, Bitcoin shows more pop than potential - Austin American-Statesman | money money money | Scoop.it

Merchants that accept bitcoins are trying to attract virtual currency enthusiasts like Hand, 37, of Boulder, Colo. And the number of merchants has been growing.

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Bitcoin Prices Have Fallen $100 In The Past Week - Business Insider

Bitcoin Prices Have Fallen $100 In The Past Week - Business Insider | money money money | Scoop.it

Some analysts are blaming the plunge on a "margin call" at Hong Kong exchange Bitfinex, which is one of the only platforms that allowed users to borrow funds from peer liquidity providers to trade bitcoins. As prices fell through $530, a "cascade" of calls appears to have occurred, according to Raffael Dannielli of MatLabTrading.




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Bitcoin Falls Out Of Its Trading Range | TechCrunch

Bitcoin Falls Out Of Its Trading Range | TechCrunch | money money money | Scoop.it

The recent narrative around bitcoin has been roughly zilch, as the cryptocurrency picked up afew new large vendors’ support, but otherwise settled into something approaching a summer malaise. The price of bitcoin, which is correlated to media and public interest, has bounced between around the high $500s and the low $600s for some time. Now, it has dropped to $517 and its downturn isn’t letting up.

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Bitcoin ATMs Boom: Canada's Big Aspirations, First BTM in Bulgaria and More - CoinTelegraph

Bitcoin ATMs Boom: Canada's Big Aspirations, First BTM in Bulgaria and More - CoinTelegraph | money money money | Scoop.it

More and more Bitcoin ATMs are popping up in various locations all over the world. If you have to cash out your Bitcoin whenever you need to spend it, these machines make it easy to do so, while giving investors opportunity to develop a profitable infrastructure and giving merchants a first-adopter advantage.

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▶ The Bitcoin Revolution with Max Keiser - YouTube

Max Keiser sits in studio with Alex Jones to discuss the future of currency. 

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▶ Conquest By Counterfeit Fiat Currency, Military Force - YouTube

Max Keiser In Studio to talk with Alex Jones about economic control. 

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Retailers look to Bitcoin as currency for life's basics - BBC News

Retailers look to Bitcoin as currency for life's basics - BBC News | money money money | Scoop.it

Bank transaction charges and problems with phone lines have led some to reluctantly abandon accepting any other form of payment, even during the lucrative summer holidays.

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The Financial Crisis - New York Times

The Financial Crisis - New York Times | money money money | Scoop.it

In his latest explication of the international system, the noted foreign affairs scholar and prolific author Mandelbaum grapples with the core questions facing the world today. He takes as his starting point the global financial crisis of 2008-9, and from the outset challenges the “impression that the days of worldwide economic growth had come to an end.” They did not, and have not, he eloquently argues.

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No escape from the dollar as the currency standard - Gold Seek

No escape from the dollar as the currency standard - Gold Seek | money money money | Scoop.it

All commodities and near-commodities are priced internationally in dollars, and the dollar is used for over 80% of cross-border trade settlements. Consequently the dollar is the base currency for all countries' foreign reserves, giving it its reserve status. However, there are now challenges to the dollar's hegemony, with Russia, China as well as the other members, dialog-partners and associates of the Shanghai Cooperation Organisation (SCO), taking deliberate steps towards doing away with the dollar entirely for pan-Asian trade. Recent developments setting up a rival to the IMF by the BRICS nations is part of this challenge.


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How Long Until the Euro Crisis Flares Up Again? - theTrumpet.com

How Long Until the Euro Crisis Flares Up Again? - theTrumpet.com | money money money | Scoop.it


The eurozone's economy did not grow at all between April and June of this year.The fall in economic growth is a major cause of Italy's debt crisis.

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France calls on ECB to act as eurozone growth grinds to a halt - The Guardian

France calls on ECB to act as eurozone growth grinds to a halt - The Guardian | money money money | Scoop.it
France made it clear it blamed foot-dragging on the part of the European Central Bank for the failure of the eurozone's second biggest economy
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Europe Inches Towards A Decision on Bitcoin VAT - CoinDesk

Europe Inches Towards A Decision on Bitcoin VAT - CoinDesk | money money money | Scoop.it

A recent legal referral in the EU may be inching the region a little closer to more unity on one small element of bitcoin taxation, but it won’t do much to help global confusion on the matter.

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Bitcoin Price Sharply Drops in Wake of US Government Report - RIA Novosti

Bitcoin Price Sharply Drops in Wake of US Government Report - RIA Novosti | money money money | Scoop.it

The price of Bitcoin has dropped sharply over the past week, breaking a three month period of relative stability.

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The Truth About Bitcoin and Alternative Currencies : Library : Foundation for Economic Education

The Truth About Bitcoin and Alternative Currencies : Library : Foundation for Economic Education | money money money | Scoop.it

Bitcoin has been making headlines for months now. Extreme price fluctuations have sparked a vigorous debate: Is it a currency or a scam? Is bitcoin viable in the long-term, or are we witnessing a bubble waiting to burst?

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The Rise of Alternative Currencies

The Rise of Alternative Currencies | money money money | Scoop.it
From Zurich to Caracas, folks are thinking that financially there's got to be a better way. And there just might be.
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NEM, A New Crypto-Ecosystem Heralding A Paradigm Shift In The Way We Do Trade, Commerce And Finance. | New Money Feed

NEM, A New Crypto-Ecosystem Heralding A Paradigm Shift In The Way We Do Trade, Commerce And Finance. | New Money Feed | money money money | Scoop.it

The New Economy Movement (NEM) is set to launch in November. NEM is not just another peer-to-peer cryptocurrency in the lineage of Bitcoin. It is an innovative way to utilize blockchain technology to create a decentralized economy. It has a fair distribution model with important advancements in the underlying technology, including the Proof-of-Importance (PoI) algorithm, rule-based accounts (smart contracts), an encrypted messaging solution and Eigentrust++ reputation system. The NEM Beta shall go live in September and more than 12 developers are working tirelessly to roll out the initial NEMecosystem by November.

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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation