marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
cryptocult
12/04/2024
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By Belle Carter
Crypto mogul buys conceptual artwork of a banana duct-taped to a wall for $6.2M – then eats it in front of the press
Justin Sun, a 34-year-old Chinese-born entrepreneur who founded the Tron Blockchain Foundation, bought a conceptual artwork of a banana duct-taped to a wall for $6.2 million. He then ate the fruit and drew parallels between conceptual art and cryptocurrency. The artwork is titled “Comedian” and was created by Italian artist Maurizio Cattelan. Sun was among […]
11/07/2024
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By Ethan Huff
CBDC programs failing in U.S. and other “Five Eyes” nations
The future of central bank digital currencies (CBDCs) is in jeopardy as Canada, Australia, and other “Five Eyes” nations abandon their CBDC schemes. While around 90 countries and currency unions are currently exploring how to unleash CBDC programs as a cashless replacement for the existing fiat scheme, the United States is about to become the […]
07/25/2024
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By News Editors
The CrowdStrike global outage shows the serious dangers of a centralized, digitized world
The perils of over-reliance on digital systems have been once again highlighted by the crashing of computer systems around the world due to an update to the Falcon antivirus and security product from CrowdStrike affecting its interaction with the Windows operating systems. The update has caused chaos for banking, retail, railways, airports, healthcare and for […]
11/02/2023
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By Zoey Sky
Financial preparedness: What are the dangers of a “cashless” economy?
For modern shoppers, cashless payment methods may seem like a convenient and secure option. But if you want to avoid common risks like credit card fraud and digital systems that are vulnerable to cyberattacks, cash will always be king. (h/t to SHTFPlan.com) In the U.S. and other economies that have legal tender laws, only cash is […]
04/28/2023
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By Cassie B.
Zimbabwe needs $100 million in gold to support ambitious digital currency plan
Zimbabwe’s ambitious digital currency plan will need $100 million worth of gold to get off the ground, according to a member of the monetary policy committee for the country’s central bank. In a recent interview, Persistence Gwanyanya said that the central bank has been accumulating gold reserves as part of its plan to stabilize the […]
11/29/2022
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By Ethan Huff
FTX contagion spreads as BlockFi crypto firm files for Chapter 11 bankruptcy
First it was Celsius. Then it was Voyager, FTX, and Alameda. Now BlockFi is filing for bankruptcy as cryptocurrency scams continue to unravel one after another. Reports indicate that BlockFi filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of New Jersey almost immediately following the implosion of FTX. […]
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