Paying with gold possible again
Gold is on a tear lately, and that’s been nice for a new Toronto company that has figured out a way for people to store bullion bars in their savings, or even spend it to make purchases. BitGold (not to…
Top Portfolio Products: Funds Target the Environment, Bitcoin and Dividends
New products and changes introduced over the last week include an environmental opportunities fund from Hartford Funds, two funds from Vanguard, a Bitcoin mining fund from Genesis Mining and a “defined outcome” fund from Jefferson National and Exceed Investments Also,…
We CAN Have A Better Congress– And We Need To
If Tuesday’s results are indicative of what to expect in November, it looks like Americans will be, once again, asked to choose between 2 really awful nominees… another less-of-two-evils election that is sure to turn off millions of Americans and…
Bank Of Japan’s NIRP Contracts Rather Than Expands: DB
The Bank of Japan is one of the newest central banks to adopt a negative interest rate policy (NIRP), and we’re already starting to see some of the negative impacts investors were worried about. Typically, the point of monetary easing…
Former head of credit union took bribes for bitcoins, feds says
The former chairman of a Jackson federal credit union was charged today in federal court with accepting more than $150,000 in bribes to turn over the credit union’s functions to operators of an illegal bitcoin exchange. Trevon Gross, 46, former…
Bitcoin’s Big Problem
Bitcoin is facing a major problem as the time it takes transactions to be processed has increased dramatically leading businesses to stop accepting the cryptocurrency and others to issue warnings that the problems could be terminal. The problem is not…
Is Another Mortgage Crisis Right Around The Corner?
The U.S. could be headed for a new mortgage crisis by this summer, believes one analyst. Richard X. Bove, Vice President of Equity Research at Rafferty Capital Markets, said in a report dated March 1 that it’s looking increasingly likely…
A 1789 law and your iPhone
The following editorial appeared in the Los Angeles Times on Wednesday, March 3: ——— Should the courts order Apple to help the Federal Bureau of Investigation unlock an iPhone seized from a murderous terrorist or a dangerous criminal? For law…
‘Ransom’ software hacks dozens of governmental computers
In recent weeks there have been reports worldwide regarding cyber-attacks by a “ransom” software program. On Thursday it was revealed that dozens of Israeli governmental agencies, including four hospitals were hacked. The government has stated that no piece of information…
Visa Developing Blockchain Project
Visa is looking to develop a “secure, scalable blockchain network” as it seeks to keep pace at a time when the payments industry is undergoing a seismic digital transformation. Blockchain, the distributed ledger technology on which bitcoin is built, has…