Owning Fiat Just Got More Expensive – NIRP Strikes Again

Owning Fiat Just Got More Expensive - NIRP Strikes AgainWith the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are scrambling to find ways to preserve their wealth, while USB and others scramble to dam the losses resulting from national negative interest rate policy (NIRP). The relatively recent experiments with NIRP […]

The post Owning Fiat Just Got More Expensive – NIRP Strikes Again appeared first on Bitcoin News.

Continue Reading

How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste

How Big Hydro Power Deals With Bitcoin Miners Prevent Energy WasteWe are often told that the verification of bitcoin transactions eats a lot of energy. The largely inaccurate comparison to a small country, the size of Ireland or Denmark, is evoked thanks to numerous clickbait headlines. What mainstream media fails to explain, however, is that bitcoin mining is actually helping electricity producers prevent energy waste. […]

The post How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste appeared first on Bitcoin News.

Continue Reading

Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels

Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant LabelsThe recent seizure of a cargo ship owned by JP Morgan, a vessel loaded with 20 tons of cocaine according to latest accounts, highlighted the risks of banks’ involvement in illicit activities, inadvertent or otherwise. And although U.S. authorities released the MSC Gayane after the owner, JP Morgan’s asset management arm, and the operator, Mediterranean […]

The post Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels appeared first on Bitcoin News.

Continue Reading

Calculating freedom in an unfree world

How does one quantify freedom? Is it even possible to calculate such a thing? Over the years, several entities have collaborated in an attempt to do just that. Freedom House, an independent watchdog organization dedicated to the expansion of freedom and democracy around the world, publishes a yearly report titled “Freedom in the World” which […]

Continue Reading