Peter Thiel’s Bitcoin Paranoia

April 13, 2021

Silicon Valley billionaire Peter Thiel finds himself in a confusing moral quandary as he struggles to weigh the merits of his nerdish belief in cryptocurrency against his patriotic paranoia focused on China’s economic rivalry with the United States. Participating in “a virtual event held for...

The Daily Devil’s Dictionary: “Investing” According to Warren Buffett

May 03, 2018

There is a false frontier between investment and speculation, but Warren Buffett can’t see it. When you’re as rich as Warren Buffett, you must be smart. And if you’re smart, you can clearly establish the difference between things, especially things you’re in contact with in your...

Initial Coin Offerings: Can Regulators Curb the Risks?

April 01, 2018

With huge sums being raised by ICOs and the danger of scams proliferating, regulators are seeking ways to create the right framework for supervision. For tech startups hungry for capital, an initial coin offering (ICO) seems to offer a dream: It lets them raise millions of dollars online with...

The Daily Devil’s Dictionary: To “Subvert” Cryptocurrency?

February 28, 2018

Venezuela has created its own cryptocurrency and US politicians are not happy. In the past year, cryptocurrencies have taken a significant place in the news cycle for two reasons. First, they intrigue everyone within today’s money-obsessed economy who is on qui vive about opportunities to make...

Is Bitcoin Really in a Bubble?

January 07, 2018

Despite bitcoin’s growing credibility among individual and institutional investors, the cryptocurrency’s skyrocketing price is causing some concern. Investors and speculators are biting into bitcoin — in a big way. The price of the cryptocurrency surged by nearly 1,900% in 2017, to an...