The Case for $500,000 Bitcoin

The Winklevoss brothers make an argument that, in the long run, bitcoin is the only good safe haven.  The essay looks systematically at the problems of the slate of current store-of-value assets, including the U.S. dollar, oil and gold.  The…

Ethereum Classic Hit by Third 51% Attack in a Month

The Ethereum Classic blockchain suffered a 51% attack Saturday evening, its third such attack this month, noticed by mining company Bitfly, which also spotted the first attack on Aug. 1. UPDATE (Aug. 29, 23:03 UTC): Adding comment from ETC Cooperative.UPDATE…

Mr. Powell, If You Want Higher Inflation, Give People Money

Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains how modern money creation and quantitative easing work, and advocates “helicopter money” to help economies…