Square chief Dorsey mulls pocket wallet for bitcoin
Jack Dorsey on Friday put out word that his financial payments startup Square is thinking about making a real-world wallet for safely pocketing bitcoin.
Jun 4, 2021
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Jack Dorsey on Friday put out word that his financial payments startup Square is thinking about making a real-world wallet for safely pocketing bitcoin.
Jun 4, 2021
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Cryptocurrency exchange Coinbase made a dramatic stock market debut Wednesday amid frenzied interest in bitcoin and other virtual currencies despite concerns about a bubble.
Apr 14, 2021
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The arrival Wednesday of cryptocurrency exchange Coinbase on Nasdaq is one of the most anticipated events of the year on Wall Street, where enthusiasm for record-breaking bitcoin is in full swing, despite questions about ...
Apr 13, 2021
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The total value of all bitcoin topped $1.0 trillion on Friday, capping a spectacular record-breaking week for the world's most popular cryptocurrency.
Feb 19, 2021
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Tesla helped push bitcoin to an all-time high Monday after the carmaker announced a $1.5 billion investment in the digital money and plans to accept the cryptocurrency from customers buying its electric vehicles.
Feb 8, 2021
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For a minute there, it looked like Ronny Maali had struck it rich—relatively speaking.
Feb 4, 2021
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BlackRock, Wall Street's biggest money manager, is opening the door to investing in bitcoin futures in a potential boost for the controversial cryptocurrency.
Jan 21, 2021
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A digital euro should be a reality within five years, European Central Bank president Christine Lagarde said Wednesday.
Jan 13, 2021
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Bitcoin's rally above $15,000 has reignited debate over whether the cryptocurrency is so-called digital gold or a perilously risky bet as investors grapple with the coronavirus pandemic.
Nov 8, 2020
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Financial technology experts agree that some form of digital payment system by the U.S. central bank is inevitable, although opinions diverge on the form it should take.
Oct 28, 2020
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In economics, currency refers to a generally accepted medium of exchange. These are usually the coins and banknotes of a particular government, which comprise the physical aspects of a nation's money supply. The other part of a nation's money supply consists of bank deposits (sometimes called deposit money), ownership of which can be transferred by means of cheques, debit cards, or other forms of money transfer. Deposit money and currency are money in the sense that both are acceptable as a means of payment.
Money in the form of currency has predominated in human civilizations from about 10,000 BCE on. Usually (gold or silver) coins of intrinsic value (commodity money) have been the norm. However, nearly all contemporary money systems are based on fiat money – modern currency has value only by government order (fiat). Usually, the government declares the fiat currency (typically notes and coins issued by the central bank) to be legal tender, making it unlawful to not accept the fiat currency as a means of repayment for all debts, public and private.
This text uses material from Wikipedia, licensed under CC BY-SA