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In India now if you hold, sell or dealing in cryptocurrencies such as Bitcoin could soon land you in jail for 10 years. The “Banning of Cryptocurrency and Regulation of Official Digital Currency Bill 2019” draft has proposed 10-year prison sentence for persons who “mine, generate, hold, sell, transfer, dispose of, issue or deal in …
his year has definitely started with a “not so bad” note. Only a few days ago, Bitcoin jumped up to $9,084 – its highest price since 10 May 2018. However, an overwhelming rally was short-lived as its price returned below $8,600 just minutes later. At the moment of writing, BTC was trading between the $8,400 …
“Bitcoin needs gold to exist,” writes Sebag. “Gold doesn’t need Bitcoin to exist.” While Sebag is splitting hairs here – after all, bitcoin, as a digital asset, is invisible, tasteless, and odorless while gold is a physical object you can wear around your neck – his point is simply that we shouldn’t yet discount gold …