Wall Street “Perma Bear” Predicts Stock Market Crash: Says Bitcoin Cannot Be Ignored as He Touts Gold

Long term Wall Street bear and bitcoin holder, David Tice predicts that the stock market will crash fall by 30% in a retreat that will persist for two years. Although the veteran investor is not giving the specific commencement date for this downturn, he warns that when it breaks, “it’s likely to break hard and cause investors to suffer for a long time.” Biden Administration Policies In remarks made during an interview, Tice, who claims to be a “believer in the Austrian School of Economics”, points to the “business-unfriendly policies…

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Mining City: A New Opportunity for the New Year

Mining City’s growth throughout 2020 has been significant. With an easy-to-use website, thousands of community members active all over the world and regular promotions, now is a great time to begin reaping the possibilities that Mining City (www.miningcity.com) has to offer in 2021. What Is Mining City? Mining City is an initiative that unites people through mining cryptocurrency. Using a “mining plan” structure it gives its users the opportunity to obtain hash power needed for mining. This hash power entitles them to a portion of the total mining reward. Put…

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Bahrain Central Bank Issues License to Shariah-Compliant Crypto Exchange

Middle Eastern crypto exchange Coinmena said this week that it had obtained a crypto assets services company license from the Central Bank of Bahrain (CBB) ahead of its planned launch. In receiving the license, the exchange, which has been certified by the Shariyah Review Bureau, said it had met several technical, operational, and security requirements from the CBB. Coinmena added that the license allows it to operate as a regulated and onshore platform, becoming one of only a few fully licensed and operating crypto exchanges in the Middle East and…

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Philippine Central Bank Widens Cryptocurrency Regulation — Sees ‘Accelerated Growth’ in Crypto Activity

The Philippines’ central bank, the Bangko Sentral ng Pilipinas (BSP), has expanded the country’s cryptocurrency regulation after seeing “accelerated growth” in the use of crypto exchanges. The new regulatory framework is in line with the guidelines recommended by the Financial Action Task Force (FATF), according to the central bank. Philippine Central Bank Introduces New Rules for Crypto Service Providers The Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, announced Tuesday that it has established new guidelines on virtual asset service providers. “​The Monetary Board (MB) approved the guidelines on…

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Interview: Bitcoin In Venezuela With Javier Bastardo

Listen To This Episode: Apple Spotify Google Libsyn Overcast This week on the “Bitcoin Magazine Podcast,” host CK sat down with Javier Bastardo from Satoshi en Venezuela. This was a wide ranging, real and heartfelt conversation about the trials that the Venezuelan people are subjected to because of the totalitarian regime currently in control.  Bastardo told his story of discovering and living on bitcoin since 2017 and how Bitcoin gave him both financial stability and community during his persecution living in Venezuela.  While Bastardo is hopeless for Venezuela today, he…

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Interview: Making Bitcoin Accessible For Everyone With Randy McMillan

For this episode of Bitcoin Magazine’s “Meet The Taco Plebs,” I was joined by Randy McMillian (@RandyMcMillan), a fellow pleb that I met on “Bitcoin Kindergarten” who has been sharing some good knowledge and wisdom on that show lately.  In this episode, we discussed certain interesting topics in Bitcoin that McMillan is most fond of, including repricing time. One very interesting topic that we got into was ditching the old fiat way of telling time (calendar year) and pursuing a new method: telling time by blocks. This is an interesting…

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Bank of England Governor Warns Cryptocurrencies Won’t Last

The governor of the Bank of England, Andrew Bailey, believes that no existing cryptocurrencies will last. Talking about the design, governance, and arrangements of “a lasting digital currency,” the head of England’s central bank said, “I don’t think cryptocurrencies as originally formulated are it.” Bank of England Chief Andrew Bailey Doubts Any Existing Cryptocurrencies Will Last Bank of England (BOE) Governor Andrew Bailey talked about cryptocurrency at the World Economic Forum’s online Davos Agenda Monday. Speaking on a panel entitled “Resetting Digital Currencies,” he said that digital innovation in payments…

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Cashing Out Bitcoin Using ATMs: Popular Youtuber Successfully Turns $16K in BTC Into Cash

On January 23, 2021, the popular Youtuber Mambafx published a video of himself withdrawing $16,000 in cash from bitcoin ATMs. The video shows how it took multiple bitcoin ATMs to complete the process but by the end of the 17-minute film, Mambafx withdrew over $16k by selling bitcoin to the automated teller machines. Mambafx is a popular popular trader on Youtube and various social media outlets. Just recently, he filmed a video about cashing out some bitcoin. In a previous Youtube video, Mambafx showed how difficult it was to cash…

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Interview: Bitcoin In Venezuela With Javier Bostardo

Listen To This Episode: Apple Spotify Google Libsyn Overcast This week on the “Bitcoin Magazine Podcast,” host CK sat down with Javier Bostardo from Satoshi en Venezuela. This was a wide ranging, real and heartfelt conversation about the trials that the Venezuelan people are subjected to because of the totalitarian regime currently in control.  Bostardo told his story of discovering and living on bitcoin since 2017 and how Bitcoin gave him both financial stability and community during his persecution living in Venezuela.  While Bostardo is hopeless for Venezuela today, he…

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The Age Of Bitcoin Enlightenment

The promise of Bitcoin remains intact because its design circumvents the fragile human ego in ways that no other human endeavor ever has. The human ego is a fragile thing. It’s quick to judge, insecure, easily manipulated and it gets attached to things through identification. It holds on to ideas and beliefs at all costs, often against our own interests and despite real world observations to the contrary. No one faces a struggle more difficult than what their own ego creates and the one thing that threatens our survival as…

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