Oct 28, 2016 at 12:55
Bitcoin's Revolutionary Power In Finance
Ever since the birth of money, economies have controlled nearly every aspect of human life. Money is power, and escaping that principle is nearly impossible unless you want to live in the wild. Honorable, civil-based economies have historically forged the backbone of the most powerful nations on Earth. Without this willing deception to believe money has value—just like any physical product or service—there would be no complex markets to foster innovation.
Oct 27, 2016 at 13:40
Fear.Uncertainty.Doubt Strategy To Kill Bitcoin And Blockchain
FUD, also referred to as “fear, uncertainty, and disinformation”, is a marketing strategy used against a competitor's product to prevent that product from becoming widely popular amongst consumers. FUD campaigns intend to sway consumers toward “safe” and reliable products with a well-known history. FUD campaigners do this by exploiting a consumer's fears, uncertainties, and doubts regarding the competitor's product.
Oct 17, 2016 at 11:06
Why Are Banks So Eager To Shift To A Cashless Society?
These days, the banking industry is calling on their users to use digital banking payments instead of cash. According to research, some of the more economically developed countries, like Sweden and UK, will move to a cashless society by 2020. However, why are banks so eager to call on their customers to stop using cash?
The Real Problem Of Bitcoin Acceptance In Russia
Despite all the negative attitude towards Bitcoin and cryptocurrency, in August employees of Sberbank, the largest bank in Russia had an opportunity to buy hot drinks for Bitcoins from the coffee stand located right in the same building as the bank’s central office in Moscow.
What Do Banks See In Blockchain Technology?
Efficiency and technological advancement are two characteristics of the future. Banks have begun to realize that the traditional method of doing business is not the most efficient way to do business; therefore, they have turned to blockchain technology to cut costs and increase efficiency.
Traditional Banking System Will Be Completely Broken In 3-5 Years
German Gref, the President of Sberbank, the largest bank in Russia and Eastern Europe, and the third largest in Europe, spoke about the complete breakdown of the traditional banking system within just 3-5 years. He predicts giant changes in the banking industry sooner than most people expected.
Bitcoin As A Means Against Banking Crisis In Italy
The banking crisis in Europe goes even further in Italy. While in countries like Germany and France we see only a decline of major banks’ asset prices, in Italy besides the banking crisis itself another problem occurred - civilian Italians began to distrust bank transfers and payments. One of the possible solutions may be Bitcoin, which can serve as a salutary means, grow in price and even get official recognition in the country.