NFTs: Remember Them? | ZeroHedge

Non-fungible tokens are a social currency, born from “a desire to do more with blockchain than just cryptocurrency,” according to Steven Schuchart, principal analyst at GlobalData.

Eve Thomas writes at Verdict that the first NFT is widely thought to have been created in 2014 – ‘Quantum’ was created on the Namecoin blockchain by Kevin McCoy. It is a kaleidoscopic, pulsing octagon, which was auctioned off through Sotheby’s for $1.47 million. 

December 2017 saw (more…)

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15 Years Ago: Lehman Collapse Foreshadows The Rise Of Bitcoin | ZeroHedge

Authored by Reed Macdonald via BitcoinMagazine.com,

On this day, 15 years ago, the collapse of Lehman Brothers marked the start of a financial catastrophe that would reshape the global economy. 

On that fateful day, the renowned investment bank, filed for bankruptcy, setting off a chain reaction that led to the Great Financial Crisis, devastating job losses, and homelessness.

In the midst of this turmoil, Bitcoin was born.

Lehman Brothers, a venerable Wall (more…)

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Banking Faces Its BlackBerry Moment | ZeroHedge

Authored by Kane McGukin via BombThrower.com,

One of the surest things in life is that change is imminent

Amy Webb’s book, The Signals Are Talking, has sat on my nightstand for at least 4 or 5 years. I couldn’t figure out why. Now I know.

The above passage makes it clear. Now it’s time

It’s time for banking as we know it to change or be changed. We have two choices, see the negative, or embrace the opportunity.

The opportunity to allow individuals to pay and (more…)

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