Author: Ryan Tucker

Facebook’s Libra cryptocurrency project is supposed to be a stablecoin of sorts. But rather than tying itself to a single currency like many current stablecoins, Libra is supposed to invest in a basket of currencies. It’s an interesting concept that’s been floated as a possible backing for many government-issued currencies, but no one really knew […]

In a big blow to Facebook’s Libra cryptocurrency project, PayPal announced earlier this month that it would be leaving the project. When Facebook had first announced Libra, it also announced that numerous established financial and payments firms had also joined the project, including PayPal, Visa, and others. Once PayPal left, the floodgates opened, as Visa, […]

Everyone who invests their money wonders at some point whether there are better investment options for them out there. And the choices for investment seem at times to be nearly unlimited. While most financial advisers would recommend that people invest in a mixture of stocks and bonds, a growing number of younger investors are choosing […]

While some Western central bankers pay lip service to the possible benefits of government-created cryptocurrencies, it seems that only autocratic regimes have signed on to cryptocurrency so far. From Venezuela to Iran to China, it’s only the most repressive regimes around the world and those that want to really clamp down on private cryptocurrency markets […]

A contributing factor to Bitcoin’s meteoric price rise in late 2017 was the hype surrounding Bitcoin futures. Both the Chicago Mercantile Exchange (CME) and the Chicago Board of Exchange (CBOE) began offering Bitcoin futures contracts in late 2017. That enhanced ability to trade Bitcoin made huge waves and helped to establish the fact that Bitcoin […]

A surefire way to ensure the continued adoption of Bitcoin and cryptocurrencies as methods of payment is for governments to accept them as payment for taxes. While many governments have been averse to accepting Bitcoin as a method of payment, some governments have attempted to break new ground by accepting Bitcoin. Among them is the […]

By now we all know that the Chinese government has been hard at work trying to create its own digital currency. And the creation of Facebook’s Libra cryptocurrency has given the Chinese a greater urgency to complete their project. But it isn’t just the Chinese who are feeling the pressure. Central bankers and regulators around […]

The People’s Bank of China is apparently plowing full steam ahead in developing its own digital currency and it sees Libra, not Bitcoin, as its primary competition. That’s indicative of the buzz that Libra has among government officials who are involved in the cryptocurrency arena. But just because Libra is the target doesn’t mean that […]

If you’ve been wondering what happened to Venezuela’s petro cryptocurrency, you’re probably one of the only ones. The cryptocurrency, much hyped by Venezuelan President Nicolas Maduro, was slated for disaster almost from the beginning. Supposedly backed by oil reserves, Maduro had to force the cryptocurrency onto Venezuelan government employees in order to get it to […]

The United States is nearly alone among major world central banks in not moving towards negative interest rates. That zero lower bound remains a lower bound. But in the event of another financial crisis, might the Fed decide to push rates below zero, just like the European Central Bank and the Bank of Japan have […]