How often after a cop […]
Close friends in life, Linkin Park’s […]
President Donald Trump is proving over and over again that the differences between Republicans and Democrats is not all that much with the latest major shakeup in his cabinet. This time, President Trump has jettisoned Sean Spicer and chosen Anthony Scaramucci as the man to replace Spicer as Trump’s White House communications director. This is a key position that empowers Scaramucci to control the narrative coming out of the White House. […]
After the 4th Circuit Court of Appeals ruled that gun rights are only selective and that the state can define what constitutes selective, a group of Marylanders are attempting to get the Supreme Court to visit the ruling. They hope to get the Supreme Court to reassert less restrictive interpretations of what constitutes ‘common sense’ gun control. […]
Thusands of Japanese Retail stores will be suspending bitcoin payments after August 1st. The reasons given have to do with a fear of Bitcoin instability. Some stores are choosing to switch to a different cryptocoin popular in Japan, monacoin. One of the main reasons given was fear of a potential split in bitcoin.
The success of bitcoin is also exposing some of the potential vulnerabilities of bitcoin, and cryptocurrency in general, fear *be it real or imagined) of instability. Until such time as cryptocurrencies can produce a history of stability, this is a problem that will continue to affect the market. This is not to say that cryptocurrency faces an existential threat from this fear of instability (real or imagined), but rather than other factors must (and, I believe, will) come to play that make the reward worth the risk.
The gamble from businesses accepting cryptocurrency is that the value of the exchange may so fluctate that it will leave them unable to replacce inventory and meet payroll. The gamble from customers is that the purchase of a product or service today could mean loss of potential gains in values had they held on to the currency. I believe the market for cryptocurrency is not going away anytime soon and that methods of producing more predictabilty in the market will arise in unexpected ways, because the market wants cryptocurrnecy, so the market will figure out a way to alleviate the risks on both the buyer and seller’s part. […]