The FASB's recent accounting rule revisions are poised to provide a more favorable outlook for companies holding digital assets, helping them mitigate the unfavorable optics generated by impairment losses, as stated in the report.
In response to a sharp drop in trading volumes that have hit a four-year low, crypto exchanges have launched promotions to bolster their revenue streams.
A death cross signals a possible enduring shift towards a bearish momentum, while a golden cross implies the contrary.
Bitcoin's value may remain uncertain, but whether it is ethical appears more clear to Professor Tobey Scharding. Is bitcoin an ethical currency? Not according to professor's new research
It’s not necessarily obvious why bitcoin’s instability is problematic from an ethical point of view. It makes it an interesting investment. It probably makes it undesirable as a currency because you never really know what it’s worth.
One of the most frequently made ethical charges against bitcoin is the apparent anonymity of those using the currency allows for criminal activity to be carried out freely in ways other currencies do not. However, the level of anonymity of those using bitcoin is not total.
Universally acknowledged is the observation that Bitcoin exists apart from the state, and that its principal achievement is a global money defined by transparent issuance, equitable auditability and, perhaps most notably, a finite supply of monetary units.
SHOW NOTES: https://www.whatbitcoindid.com/podcast/bitcoin-is-the-answer Preston Pysh is a co-founder of The Investor ...
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