Nearly every country on earth backs its paper currency with US dollars. Now you may wonder, why would anyone do that? Or why does that even matter? Here’s why. “Why would anyone do that?” is a good question when it comes to backing your country’s paper currency with another paper currency that is printed at […]
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To millions of American investors, the bull market in stocks of the past few years has added billions of dollars to their 401(k), IRA, and other retirement accounts. Most investors don’t know or care why stock markets have shot up so much, but they certainly enjoy benefiting from that run. If you take a look […]
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Masterpiece Cakeshop owner Jack Phillips is being punished by Colorado for his Supreme Court victory against the state’s Civil Rights Division in June. Since the win, his shop has been harassed with requests to order anti-Christian cakes, and Phillips is now facing a complaint filed by a transgender Denver attorney who says she was denied […]
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Coinbase CEO Brian Armstrong recently stated that within five years he expects the number of people within the cryptocurrency ecosystem to increase from 40 million to one billion. That would be a tremendous leap in adoption, meaning about 1 in 7 people around the world would be active in the cryptocurrency sphere, either as a […]
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Following in the footsteps of cryptocurrency businesses in South Korea and Japan, four US cryptocurrency exchanges have established a self-regulatory organization (SRO). The four, Gemini, Bitstamp, Bittrex, and bitFlyer USA, have created the Virtual Commodity Association Working Group, with the goal of becoming a self-regulatory organization for the US cryptocurrency industry. Among the aims of […]
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In a move to try to lessen the cost of printing physical cash, the Reserve Bank of India is exploring the possibility of issuing a national digital cryptocurrency. It’s an unusual reason to look into digital currency, but given the high usage of cash among Indians and the country’s geographic size and large population, the […]
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With stock markets near all-time highs and economic data such as GDP and the unemployment rate looking rosy, many investors have been lulled into a false sense of security, believing that the economy is going strong and that they’ll continue to make gains well into the future. But that feeling is dangerous, as there are […]
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A recent survey of investors and consumers found that the majority want to buy more cryptocurrencies within the next 12 months. The survey, conducted by Sharespost, asked questions of nearly 2,500 consumers and over 500 individual accredited and institutional investors. Despite the short-term downswing in cryptocurrency prices, 59 percent of investors and 72 percent of […]
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In the aftermath of World War II, the United States was not just a military superpower but also an economic superpower. As the world’s largest economy and with the dollar being established as the world’s reserve currency, the US government had no qualms about taking advantage of that position. Even in the aftermath of the […]
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High capacity semiautomatic rifles have their place, but there are times when you need more power, more range, and more potential for accuracy than what a semiautomatic rifle can offer. That’s why bolt action rifles remain the most popular choices for hunting rifles and long-range shooting. And there’s no rifle that epitomizes the best that […]
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