Mastercard will support select crypto into its network in 2021

In a blog post dated February 10, Mastercard said that it will start supporting select cryptocurrencies directly into its network in 2021. “We are preparing right now for the future of crypto. Mastercard isn’t here to recommend you start using cryptocurrencies. But we are here to enable customers, merchants and businesses to move digital value […]

Tesla will accept Bitcoin payments

Electric vehicle giant Tesla plans to offer a new payment method for its cars: Bitcoin. The company also announced that it invested $1.5 billion into cryptocurrency, according to its 2020 SEC filings.

Central banks put wind at Bitcoin’s back

“Russia, Russia, Russia,” the current president used to sarcastically chastise opponents for wondering about 2016 election tinkering from Putin’s principality. Recent MAGA rallies featured “Covid, covid, covid,” with President Trump complaining that the press could think of nothing else. In investmentland, it’s “Bitcoin, bitcoin, bitcoin,” again knocking on dollar door number twenty thousand, where it […]

Why central bank digital currencies are a bad idea

Tomas Forgac, Mises Institute Central bank digital currencies (CBDC) are being sold with the narrative of protecting consumers who are increasingly moving to cashless payments. Some say that these cashless payments will rob us of the privacy advantages of cash while exposing us to bank runs, payment network blackouts, and foreign financial adversaries. Yet while these risks are […]