The world’s most important industry has been carrying on without any significant changes in its day to day routine for far too long. But now, the new tech on the block has its sights set on the multi-trillion-dollar oil and gas sector. It’s official: Blockchain technology has infiltrated Big Oil. The hype behind blockchain has reached a full-blown frenzy. And for good reason.
Why The Next Oil Boom Will Be Fueled By Blockchain Read More »
Cryptocurrency may be one of the biggest threats to governments, security and the entire financial system that we’ve ever seen. It can help fund terrorism and its anonymity makes it almost impossible to track. Most importantly, it is poised to revolutionize global finance and banking.
Meet The World’s Most Powerful Bitcoin Backers Read More »
Bitcoin prices has been able to benefit from the “return in risk aversion” in the markets on fresh catalysts. In this article Chris Vermeulen, “The Gold and Oil Guy” takes a look at Bitcoin and some of the Trends involved.
Bitcoin: The New Safe Haven? Read More »
All of these systems paved the way for the advent of eCommerce. Imagine trying to buy something online if all we had was physical currency. It would effectively be impossible to process electronic transactions without these modern digital currency alternatives. This area is bound to explode in coming years as the desire for more electronic transactions collides with a desire for more electronic privacy.
eCommerce Trends: What’s in Your eWallet? Read More »
Just a few short years ago no one had heard of them and now it seems like everybody on the Earth knows about Bitcoin. Bitcoin (a peer-to-peer electronic cash system) was first introduced in October 2008… In 2012, at InflationData, we published an article entitled “Civil Liberties Rest Upon Sound Money” about the new currency. Since then the use of bitcoins has grown astonishingly quickly. Being the prescient financial wizards that they are, in 2014 Robert Prechter and our friends at Elliott Wave International began offering their expert financial advisory and educational materials for sale via Bitcoins… Today there are some 14.6 million bitcoin units in circulation… One major problem with most currencies is that there is nothing to stop governments from printing an infinite amount of them. This erodes the value of the existing currency and can cause them to become worthless through hyperinflation like the currencies of the German Weimar Republic and Zimbabwe… Bitcoin is unique in that only 21 million bitcoins will ever be created.
Cryptocurrency: Is Bitcoin the Future of Money? Read More »
