Category: Future of Money

Corporate Bitcoin treasuries are here, which can only mean good things

November 21, 2020

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Holding Bitcoin (BTC) in treasury will soon become a corporate standard. Wall Street firm MicroStrategy recently made headlines when it decided to allocate a large portion of its treasury to Bitcoin, buying over 21,000 BTC in August and almost 17,000 more in September, making its CEO, Michael Saylor, seem quite prescient already. MicroStrategy stock rallied […]

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DeFi is here to stay despite signs of a bubble, says Binance CEO

November 17, 2020

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Cryptocurrencies like Bitcoin are the best form of money, Binance’s CEO says. 5272 Total views 33 Total shares Changpeng Zhao, the CEO of the world’s largest cryptocurrency exchange Binance, said that decentralized finance is here to stay despite many DeFi projects showing signs of being in a bubble. In a Nov. 17 interview with Russia’s […]

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DeFi won’t last long without unlocking Bitcoin’s $250B treasure chest

November 8, 2020

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Decentralized finance is a fairly new, nuanced concept for mainstream audiences. At its core, DeFi promises a revamped global financial system equipped with savings, loans and inventive yield-earning opportunities that enable innovative financial products without centralized gatekeepers. Since Jan. 1, this promise has been met with a demand that has exceeded $11 billion in total […]

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DeFi needs real-world adoption, not just disruptive pioneering

November 7, 2020

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Satoshi Natakmoto’s anonymity and powerful mining-incentive mechanism are key examples of what made Bitcoin (BTC) unique and led to its unparalleled success. But for truly democratized money and finance to be achieved, it is worth reminding enthusiasts that Bitcoin was an iteration in a series of trials and errors that go back as far as […]

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Bitcoin is the best treasury reserve asset humanity’s ever had

November 1, 2020

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At the time of writing this article, around 3.6% of Bitcoin (BTC) is locked up in long-term holdings by institutional investors. According to the data, 13 entities have amassed close to 600,000 BTC — about 2.85% of all Bitcoins and worth approximately $6.9 billion. The list includes MicroStrategy at the top, with close to 38,250 […]

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