Digital currency technologies generated widespread public and investor interest in 2017, with new cryptocurrency products capable of streamlining and decentralizing global commerce. Unfortunately, these technologies also create new money laundering tools that allow countries like Iran, North Korea, and Russia to evade international sanctions. This is especially true of so-called “privacy coins,” which offer personal […]
Why Banning Bitcoin and Other Cryptocurrencies is Not the Solution
Many government bodies, regulators, investors and banks see Bitcoin, even the whole cryptocurrency market, as a speculative bubble. Some say it is a fraud, while others speculate that it will continue to rise in 2018. Previously, I wrote an article on why I believe that Bitcoin will fail. Not because it is a fraud, but because it […]