Top news of the week: 01.09.2020.

Economics, Gold, Security token, Futures contract, Extortion, Mining

Bitcoin Futures

On Aug 28, 2020
@twobitidiot shared
RT @tylerwinklevoss: The U.S. dollar is no longer a reliable store of value. @winklevoss and I make the case for $500K #Bitcoin https://t.co/scnBM5DcIn https://t.co/0ehHOy29T6
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The Case for $500K Bitcoin

The Case for $500K Bitcoin

Gold and oil have historically been reliable stores of value. Because they are scarce commodities, they make dependable hedges to the inflation of fiat currencies. As a result, they have ...

On Aug 27, 2020
@Excellion shared
RT @btc: OPINION: “I'd call Ethereum a dumpster fire, but a dumpster implies containment. That's why it's odd that sane and sensible #Bitcoin proponents are shilling a security token issued on Ethereum.” via @eiaine https://t.co/Wsvm9Iba2i
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Bitcoin Maximalists Get Dragged for INX Hypocrisy

Bitcoin Maximalists Get Dragged for INX Hypocrisy

Why would sane and sensible Bitcoin proponents shill a security token issued on a platform they describe as "garbage"?

On Aug 28, 2020
@tylerwinklevoss shared
RT @CoinDesk: "Bitcoin is ... the only known commodity in the universe that has a deterministic and fixed supply," the Winklevoss brothers wrote in a blog post saying the cryptocurrency may one day hit $500,000. @tylerwinklevoss @winklevoss Report by @Dan_Z_Palmer https://t.co/Pv5g7FC2Xv
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Winklevoss Brothers Say Bitcoin Could Reach $500K as the ‘Only’ Long-Term Inflation Hedge

Winklevoss Brothers Say Bitcoin Could Reach $500K as the ‘Only’ Long-Term Inflation Hedge

Tyler and Cameron Winklevoss have said weaknesses in the current financial system mean bitcoin could one day reach $500,000 per coin.

On Aug 26, 2020
@BitcoinMagazine shared
RT @PrestonPysh: Good luck sticking this genie back in the bottle. Things are moving extremely fast... https://t.co/iGLU64YNXY
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Fidelity President Files For New Bitcoin Fund

Fidelity President Files For New Bitcoin Fund

Bitcoin wins as Fidelity president and head of strategy and planning, Peter Jubber, today filed paperwork with the U. S. Securities and Exchange Commission (SEC) informing the regulator of ...

On Aug 27, 2020
@kyletorpey shared
RT @the_crypto_feed: coindesk: new zealand stock exchange hit repeatedly by cybercriminals demanding bitcoin https://t.co/EsBrD9txUK
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New Zealand Stock Exchange Hit Repeatedly By Cybercriminals Demanding Bitcoin

New Zealand Stock Exchange Hit Repeatedly By Cybercriminals Demanding Bitcoin

New Zealand's stock exchange, NZX, has halted trading for the third day in a row as a result of cybercriminals attempting to extort cryptocurrency.

On Aug 27, 2020
@barrysilbert shared
RT @DCGco: In celebration of the @FoundryServices launch, we invited @colyermike to tell us about his journey as a stealth CEO with big plans to shake up the crypto mining industry... https://t.co/pUrKRtA0rz https://t.co/S86j6kvNGB
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Announcing Foundry — Digital Currency Group’s New Crypto Mining and Staking Business

Announcing Foundry — Digital Currency Group’s New Crypto Mining and Staking Business

Foundry was publicly announced as DCG’s fourth wholly-owned subsidiary business today — August 27th, 2020. Behind the scenes, CEO Mike…

On Aug 26, 2020
@CoinDesk shared
It's common in #Nigeria for police officers to threaten and extort citizens for whatever money they can find. This man uses #bitcoin as a way to keep his funds safely hidden. Story by @alyssahertig https://t.co/3UZOWe9eV5
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Unconfiscatable? Using Bitcoin to Resist Police Extortion in Nigeria

Unconfiscatable? Using Bitcoin to Resist Police Extortion in Nigeria

It's common in Nigeria for police officers to threaten and extort citizens for whatever money they can find. This man uses bitcoin as a hiding spot.

On Aug 26, 2020
@CoinDesk shared
BLOCKCHAIN BITES: @FTX_Offical acquired @Blockfolio, @Consensys acquired JPMorgan's Quorum and police have reportedly seized the third-largest exchange in South Korea. Get the latest crypto and blockchain news, via @danielgkuhn https://t.co/gmDQGh47UL
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Blockchain Bites: Major Acquisitions, Bitcoin Futures Liquidations and the SEC’s New Rules

Blockchain Bites: Major Acquisitions, Bitcoin Futures Liquidations and the SEC’s New Rules

FTX acquired Blockfolio, ConsenSys acquired Quorum and police have seized the third largest exchange in South Korea. And the SEC expanded its rules for investors.