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Category: Adoption

China’s PBoC Announces National Crypto To Counter Libra

The People’s Bank of China (PBoC) has announced a national Cryptocurrency. The announcement was made during the China Finance 40 Forum convention in Yichun Heilongjiang signifying that the Crypto could have the backing of the top brass in the Communist Party of China. China’s Crypto Is Ready For Deployment One of the key takeaways from […]

Major Step Towards Adoption – Digitec Galaxus Offers Crypto Payments

Digitec Galaxus, a Swiss e-commerce giant accepts Bitcoin and several altcoins. The company has made revenue of nearly 1 billion Swiss Franc (992 million CHF = $994 million). Digitec Galaxus AG Accepts 10 Cryptocurrencies In a press release, the publicly traded company has announced that it is going to accept several cryptocurrencies for purchases that […]

No, 2019 Will Not Be a Big Year for Stablecoins

Stablecoins have popped up everywhere lately. Tether has moved into the Top 5 on coinmarketcap.com. Similarly, it’s alternatives that did not even exist a year ago have made it easily into the Top 50 on coinmarketcap.com.  In addition to that, stablecoins have gotten quite a few proponents outside of the crypto space. Meanwhile, central bankers […]

How the Gartner Hype Cycle Explains the Current Crypto Market – Part 2

The Gartner Hype Cycle is a model that explains the reception of new technologies in our society. The market researcher Jackie Fenn invented this model working for the market research company Gartner. Hence the name Gartner Hype Cycle. In our first article, we explained how the Gartner Hype Cycle doesn’t fit perfectly to Bitcoin. It is […]

How the Gartner Hype Cycle explains the current Crypto Market – Part 1

The Gartner Hype Cycle is a model that explains the reception of new technologies in our society. The market researcher Jackie Fenn invented this model working for the market research company Gartner. Hence the name Gartner Hype Cycle. The Y-Axis of the curve that you can see describes the attention that a technology receives, the […]

No, Fiat Money is Not a Reliable Unit of Account

A major argument why cryptocurrencies will supposedly find no significant adoption is that the overall economy, state institutions, companies, and banks need a reliable unit of account. The argument is an extension of the point that cryptocurrencies are too volatile to be adopted. However, the reality shows that people all over the world adopt cryptocurrencies […]

Top 5 Reasons Why Banks don’t cooperate with Crypto Companies

There are many reasons why banks do not cooperate with crypto projects. Regulation, its volatility and the uselessness of many ICOs have given crypto a bad name in the banking industry. Still, the access to financial services is crucial for any company even if it relies on something that tries to replace these services. While […]

Malta Tells United Nation Cryptocurrency is the Future Money

During the just concluded 72rd General Debate, Malta Prime Minister Joseph Muscat who has being strongly advocating for adoption of cryptocurrency in Malta told United Nations that cryptocurrency is the future money. He further went ahead to state that this form of digital innovation is unstable and it will inevitably change the manner in which […]

Germany urges to create European payment system – reveals Bitcoin’s true Use-Case

The rift between the EU and the USA is wider than ever since Donald Trump’s presidency. All of a sudden institutions like SWIFT that always appeared European are questioned over their allegiance. The international company provides a standardized message system that helps banks to process international transactions fastly and securely. SWIFT – an American institution […]

What to make of the Fact that Libertarians are no Majority anymore in the Crypto Space

A study by Coindesk has found out that libertarians and anarcho-capitalists in the cryptocurrency space are not a majority anymore. In less than a decade, libertarians that were the first supporters and advocates of Bitcoin have become a minority. So what does it mean for the crypto space that libertarians are now a minority? Crypto is […]
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