For years I’ve argued with Wall Street economists, academics, and financial professionals that a monetary system based on gold is superior to one based on fiat. But never have I heard more preposterous arguments against #gold than the ones I’m hearing now from #Bitcoin advocates.
FinCEN Encourages Banks to Share Customer Information With Each Other
The guidance is apt to chafe privacy advocates, inside and outside the crypto space, who are already uneasy about the honeypot that FinCEN’s suspicious activity report database has become.
Bolivia Essentially Banned Crypto but Blockchain Advocates Are Pushing Back
Bolivia is one of the rare countries that has essentially banned cryptocurrency, but the nation’s blockchain advocates aren’t giving up.