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Indian Ministry of Finance commissions may change the way the country looks on virtual currencies.
A crashing rupee, a horrible landscape for emerging markets and an arrogant Indian government in denial means that Indian markets are dead on arrival. But there’s a way out.
The world is now ready for a better, 21st-century way of doing business. Using the USD for international trade is like using a newspaper to get the latest news.
Yury Chikhanchin, the Director of the Federal Financial Monitoring Service in Russia warned about the future collapse of the MMM Pyramid Scheme of Sergei Mavrodi in China.
Bitcoin price is on another epic bull run, almost exactly 24 months after the last epic bull run. In 2013, it gained upwards of 1000% in relative value to fiat currencies worldwide.
Westerners are funny people. Westerners have never experienced currency devaluation, EVER! “The Almighty Dollar” has ruled the world their entire lives.
To say these are unprecedented times is an understatement. Global Central Banks are using every single monetary policy tool at their disposal to try and fight the forces of deflation and this has resulted in currency wars. In fact, 15 central banks have eased monetary policy in one way or another this year. Since this is a global economy each move made has far reaching affects upon all nations and their abilities to control the imbalances being caused by central bank brute force.
On November 30, Swiss voters will go to the polls to vote on what is being called the “Save Our Swiss Gold” referendum.
By the end of 2013, the Royal Canadian Mint will implement a pilot project called MintChip that could facilitate easy digital money transfers.
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One fine body…