We are often told that the verification of bitcoin transactions eats a lot of energy The largely inaccurate comparison to a small country the size of Ireland or Denmark is evoked thanks to numerous clickbait headlines What mainstream media fails to explain however is that bitcoin mining is actually helping electricity producers prevent energy waste Hydropower plants for example can generate and sell much more electricity during rainy seasons in some regions or when snow melts in others Wastage can be mitigated through a symbiosis with bitcoin farms at no additional cost for the environment

According to Peter Tchir there is an ongoing manipulation of bitcoin price What the macro and fixed income expert isnt sure of is whether such price manipulations are against the law The DOJ recently began investigating suspected trading malpractices in the cryptocurrency market

The Peoples Bank of Chinas upcoming digital yuan card will feature IDEX Biometrics and fingerprint scanning according to regional reports Chinas Digital Currency Electronic Payment or DCEP is getting closer toward launch by the day Last week smart card manufacturer Chutian Dragon and IDEX Biometrics announced the companies are working on a digital yuan payments card

We are often told that the verification of bitcoin transactions eats a lot of energy The largely inaccurate comparison to a small country the size of Ireland or Denmark is evoked thanks to numerous clickbait headlines What mainstream media fails to explain however is that bitcoin mining is actually helping electricity producers prevent energy waste Hydropower plants for example can generate and sell much more electricity during rainy seasons in some regions or when snow melts in others Wastage can be mitigated through a symbiosis with bitcoin farms at no additional cost for the environment