Cash Is Bad For Us

No-one listens to me about anything, least of all the future of payment systems, but Jack Dorsey is a billionaire so you should listen to him. Ten years ago, he tweeted that “In general, the shift toward a cashless society appears to improve economic welfare” and I remember being excited that he was on my…

Is Bitcoin Headed For Further Pain After Repeatedly Falling Toward $20,000?

Bitcoin has encountered significant volatility lately, falling more than 70% from its all-time high. … [+] getty Bitcoin prices have suffered some turbulence lately, repeatedly approaching $20,000 and falling to some of their lowest values since late 2020. The digital currency dropped to $20,079.72 yesterday morning, TradingView figures show, its lowest since December 2020. The…

‘Full Irrational Panic’ – Solana Drops To Lowest Since August Amid Crypto Plunge

Solana prices have plunged lately, falling below $45 today. Photographer: Gabby Jones/Bloomberg © 2021 Bloomberg Finance LP Solana prices have dropped sharply lately, shedding value along with many other digital assets as cryptocurrency prices reel from the latest developments. The value of Solana’s sol token reached $43.22 around 4:50 p.m. ET, according to Messari data.…