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Bitcoin News Roundup for June 9, 2020


With the price of bitcoin again struggling to breach $10,000 and volatility falling to recent lows, CoinDesk's Markets Daily is back with another bitcoin news roundup

Carl Watner: The Tragedy of Political Government


“What is tragic about political government?” you might ask. Let us return to that question once we have examined the nature of political government and the State. In order to distinguish between government and other institutions in society we must look at the ways human behavior can...

No Evidence ISIS Is Storing $300 Million in Bitcoin, Says Chainalysis


Blockchain intelligence firm Chainalysis has dismissed claims ISIS is holding a $300 million bitcoin (BTC) war chest. In a “fact-checking” report, published on May 20, 2020, the U.S. company accused the media of sensationalizing allegations about BTC and other cryptocurrencies being...

Iran to Cut 4 Zeros From Its Currency Amid Chronic Inflation and US Sanctions


Iranian lawmakers have reportedly approved a plan to slash four zeros from the national currency, the rial, which has been falling sharply in value amid chronic inflation and the U.S. sanctions. The official currency will also be replaced. Economists are skeptical about how the changes will affect...

The Present-Day Money War: Is Bitcoin a Challenge For Real Money


Central bank’s nemesis? Not Exactly  This is a technological age where the world engages in commerce sans a central authority. This could be an argument against central banks in favor of Bitcoins. A few more pointers: Decentralized currency gives people complete control over their funds, eliminates...

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