It is the 16th of October 2019

News

Norwegian Mining Company Launches First Asset-Backed Initial Coin Offering

While the world debates whether blockchain-based Initial Coin Offerings are a fraudulent pyramid scheme, meant to take advantage of gullible investors who are desperate to get rich quick, or a revolutionary "post-equity" way of raising capital, a Norwegian mining company, Intex Resources ASA, has taken the next step in the latter, and last week announced it was issuing the world's first asset-backed Initial Coin Offering, with the resulting tokens being exchangeable for the physical collateral.

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The Phenomenal Story of Public Blockchain Value vs Traditional Asset Classes

As many know Veritaseum has recently offered its own software token for sale. Unlike most other token offerings, Veritaseum is offering its token as a literal product - both as a vehicle to access their advisory and consulting services and as the keys to access its existing and future blockchain-based software products. We are much more anxious to release tokens as a product than a potential investment, because we are so excited about the possibilities now available through smart contract and blockchain technology.

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Ethereum Surges To All Time High As SEC Considers Ether-based ETF

Yesterday holders of bitcoin got an unexpected, if pleasant surprise courtesy of the SEC which announced that two months after deciding against a bitcoin ETF, it would review its decision, suggesting that after several failed attempts, Bitcoin may surge even more soon should the long-awaited Bitcoin-based ETF be ultimately approved. Whether or not it is a good thing for the cryptocurrency in the long-run to get such approval, which would expose bitcoin to the vagaries of volatile retail money flows and even greater volatility, is yet to be determined, but the price of bitcoin liked it, and earlier today it rose to near record highs, rising above $1,300 just shy of all time highs.

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Those Who Say Bitcoin Has No Intrinsic Value Need to Imbibe the Gospel of True Education

Last week I queried "Is Bitcoin the Undisputed Best Performing Asset Class In the World?". The purpose of that piece and the piece before it was to debunk long standing misconceptions as to the actual investment performance of BTC (bitcoin) as portrayed by respected institutions such as the London Business School and the Financial Times, not to mention Money Magazine. 

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Blockchain - Central Banks Banking On It As Debase Currencies

Blockchain - Central Banks Banking On Blockchain

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