This is not the first time we're seeing a big corporation
go against cryptocurrencies.
While some argue that
this goes against the cryptocurrency's original ideology as laid down in its whitepaper, others believe that it is a natural evolution for bitcoin.
Not exact matches
The head of a small company that has attracted controversy over its ties to
cryptocurrency said that he is not
going to sell his shares while he is fighting $ 1.4 billion in bets
against the stock.
Companies in the US have, both formally and informally, developed policies
against investing in
cryptocurrencies and
cryptocurrency derivatives, but Nordea has
gone a step further in disallowing employees from purchasing digital assets for themselves.
The reason why governments are forced to
go against the idea of a
cryptocurrency is due the decentralization it provides to
The Indian finance minister, Mr Arun Jaitley
went all out
against the bodies and individuals using
cryptocurrencies for trading.
Finance minister
going all out
against Bitcoin and other
cryptocurrencies is definitely a reason for grave concern for the Indian
cryptocurrency investors as he said that the government does not consider these virtual currencies as a legal tender.
It's still not great, of course, and as far as traditional equities markets
go, a cost 50 % decline is a disaster, but in the
cryptocurrency markets, and especially
against the backdrop of the bloodbath we have seen across other points over the last few weeks, it's a drop in the ocean.
Rather contrary to the previous precedent of «
going against» government interference and regulation, the management of Ripple (the third largest
cryptocurrency), has invited the government to play their role in
cryptocurrency markets.
Right now, there's no good place for them to
go to bet
against the
cryptocurrency market other than expensive futures markets like the CME and centralized exchanges.
The head of a small company that has attracted controversy over its ties to
cryptocurrency said that he is not
going to sell his shares while he is fighting $ 1.4 billion in bets
against the stock.
This week, however, a Canadian exchange - traded fund (ETF) has launched in the
cryptocurrency space
against the backdrop of substantially weakened sentiment, very much
going against the grain of delaying in anticipation of future positivity.
It is clear that the SEC is
going to do an enforcement action
against a number of Initial Coin Offerings (ICOs), and the people who are selling utility tokens to investors for Bitcoin or Ether
cryptocurrencies.
Many Ethereum users did not agree with this as, in their opinion, it
went against the core philosophy of
cryptocurrencies: the blockchain is immutable and should not be affected by the whims of its users.
Quite a lot of the time, the arguments made
against specific alternative
cryptocurrencies are justified; however, a strong case can be made that the position provided by Krawisz — that altcoins are bad in principle, and not just in implementation,
goes too far.
This weekend the
cryptocurrency markets
went on contending
against the setback caused by a false regulatory announcement from South Korea this past week.
Bitcoin and other
cryptocurrencies represent a small rebellion to the average millennial — a chance to
go against the grain and deploy their money as they see fit.
However, in the wake of the SEC's action
against the company, it seems that the
cryptocurrency has
gone down in flames.
In my honest opinion, I think that betting
against cryptocurrencies is
going to be a very bad idea.
According to a ministry official, «We are
going to announce specific countermeasures for
cryptocurrency transactions made in military units... The ministry is in internal talks to confirm whether it is
against military regulations.»
The
cryptocurrency expert then
went on to highlight the fact that Bitcoin itself is incredibly difficult to regulate
against.
It did not break previous highs and the way it's consolidating structure is behaving, seems want to be telling us that
against the U.S. dollar, this
cryptocurrency is
going to
go for one more drop, before resuming it's upward growth and impulse....
Some see Ripple as
going against what
cryptocurrencies should stand for, which is why many don't like the standard.
The major problem in implementing bitcoin regulation is that it
goes against the primary feature of
cryptocurrencies i.e. anonymity.
Personally, these acts of pumping the coin and being controlled by a few large miners make me sceptical of Bitcoin Cash — it just feels like it's
going against the ideology of
cryptocurrencies.
There's a reason that SBI has decided to
go with XRP as its launch - token and that's that it's one of the only
cryptocurrencies that has been developed in line with a specific enterprise use case and that — and this is important — it has been validated
against this use case time and time again.
Earlier this week, Jamie Dimon, the C.E.O. of JPMorgan Chase,
went on a notable, vociferous tirade
against Bitcoin, the
cryptocurrency that has been associated over the years, fairly or not, with the Silk Road drug ring, the Winklevoss twins, and,
Earlier this week, Jamie Dimon, the C.E.O. of JPMorgan Chase,
went on a notable, vociferous tirade
against Bitcoin, the
cryptocurrency that has been associated over the years, fairly or not, with the Silk Road drug ring, the Winklevoss twins, and, more recently, mind - blowing returns.
Against this backdrop such headlines, before you start mining or purchasing any
cryptocurrency you need to give some thought to how you're
going to store it.
It's difficult for any startup to
go from fundraising to true sustainability, much less a platform hampered by the social stigmas
against both
cryptocurrency and sex work.
Intervention
goes against the nature of
cryptocurrency in general as it's meant to be decentralized.