crytocurrency

Zuckerberg Defends Facebook’s Currency Plans to Skeptical Lawmakers

MARCY GORDON / The Associated Press Oct 23, 2019 House panel members use the opportunity to grill the CEO on company's track record on civil rights, hate speech, privacy and misinformation. Dig deeper ( 3 Min. Read )

Congress Hammers Big Tech on Competition, Money, Power

BARBARA ORTUTAY and MATT O'BRIEN / The Associated Press Jul 18, 2019 Both Democrats and Republicans had grievances to air this week, even if there wasn’t much consensus on what to do about them. Dig deeper ( 4 Min. Read )

Senate Panel Casts Skeptical Eye on Facebook’s Digital Currency Plan

MARCY GORDON / The Associated Press Jul 16, 2019 An official with the social network pledges to work with regulators to achieve a system that protects the privacy of users' data. Dig deeper ( 4 Min. Read )

Facebook Plans Its Own Digital Currency for 2 Billion-Plus Users

RACHEL LERMAN / The Associated Press Jun 18, 2019 The social network giant seeks to launch a global challenger to Bitcoin with big-name partners, more fodder for regulators' scrutiny. Dig deeper ( 4 Min. Read )

Central Bank Digital Currencies: A Revolution in Banking?

By Ellen Brown / Web of Debt Sep 21, 2016 Using technology developed for Bitcoin, central banks around the world could usher in a model of banking and credit that renders private banking obsolete. Dig deeper ( 7 Min. Read )

Bitcoin and the Dangerous Fantasy of ‘Apolitical’ Money

By Yanis Varoufakis Dec 26, 2013 The crash of 2008 infused our societies with enormous skepticism of government and central bank authority. Naturally, many dream of a currency that politicians and bankers cannot manipulate. Bitcoin has emerged as the great white hope of something of the sort. Alas, that hope is false. Dig deeper ( 11 Min. Read )

A New Kind of Money

Staff / Truthdig Aug 3, 2011 For the past two years, a new kind of digital currency has been gaining in popularity Bitcoin is used to make supposedly anonymous direct transactions between buyers and sellers of goods and services online all over the world, without the oversight of (more). Dig deeper ( 2 Min. Read )