Why The World’s Most Powerful People Can’t Stand Bitcoin

Have you ever noticed the contempt politicians and bankers seem to have for Bitcoin? A recent scandal at the Federal Reserve gives us a great clue as to why. Commonplace Corruption On Capitol Hill Political corruption is no mystery to the public. Anyone can name a crooked politician that’s abused their privileged position for personal and financial gain. Take Nancy Pelosi– the Democratic Speaker of the House who bought call options of Tesla stocks last December. She purchased them ahead…

Is Solana a Decentralized Network? Recent Events Say Otherwise

Solana, a smart contract center, has been the talk of the crypto world for about a month now. Its value increased nearly 7 times between August and September, from merely $30 to over $200. Those excellent moves in the coin and network show that the blockchain is heading to greatness. Nonetheless, the cryptocurrency has seen its value plummet from the recent ATH to values below $150. Analysts are still discussing whether the crypto's price action signals a pump and dump…

Understanding the Crypto Reset Time

Humanity hangs in the balance as the deadly Coronavirus affects various sectors, including healthcare, manufacturing, finance, and many more. Since the beginning of the outbreak, governments and citizens have had to adopt a new lifestyle that involves quarantine and social distancing practices.  To offset the current pandemic situation, global stakeholders at the World Economic Forum came up with a radical solution known as the Great Reset, which aims to change the global economy. The meeting, which took place in June…

A Historic Moment for the Maker Foundation as it Finally Goes Full Circle

MakerDAO recently revealed its plan on moving to a fully decentralized ecosystem within the next few months after disbanding the current Maker Foundation. According to a blog post detailed by the CEO, Rune Christensen, Maker initially started as a decentralized autonomous organization before it moved to a Foundation charged with accomplishing an overall growth of the platform.  However, the Foundation was only designed for existing temporarily as Maker steadily transitions to a fully decentralized path. Looking back, the CEO recounts…

Could Cardano be More Decentralized Than Bitcoin

Cardano has been a big talk in the crypto world. As one of the major altcoins out there, it is billed as one of the few cryptocurrencies that stand a chance at challenging the dominance of Bitcoin. Bitcoin always enjoys the first mover's advantage, especially since it is by far the largest crypto by market cap. Hence, other upstarts are therefore required to table something better to stand out, or else they may not make sense in the market cap. …

Why NFTs Are Popular in the Art Industry

The evolution of the blockchain world has been phenomenal, showing no signs of slowing down. An interesting testament to this is the Non-Fungible token. Also known as NFT, it merges decentralization and unique rarity forms to produce a one-of-a-kind token. On the other hand, art is an expression of human creativity and imagination whose value is purely based on viewer opinion rather than the value of inputs used.  It's rare to have any aspect of cutting-edge technology being heavily dedicated…

Is Decentralization just a Pipe Dream in the Crypto Sector?

When you think of cryptocurrencies, what comes to mind? Probably visions of decentralized networks that function in a peer-to-peer and trustless nature. The entire premise of Bitcoin is built around this belief that decentralization is at the core of the blockchain revolution. However, the majority of assets in the ecosystem today don't qualify as decentralized due to various reasons. Sadly, many of the most popular cryptocurrencies function in a highly centralized manner that is akin to traditional central banks. What…