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The Influence Bitcoin Has On The Music Industry

We all know that Bitcoin is massive, but it still hasn’t hit that mainstream appeal yet, but if you mention the word in the street to someone they will (most likely) know what you mean. You don’t only hear the word used by news outlets and fanatics but in music too. There have been several pop stars and rap stars who have mentioned the cryptocurrency in their songs. For example, Eminem who just last week dropped a surprise album ‘Kamikaze’ mentions the flagship crypto in his new song “Not Alike”. However, Eminem isn’t the first musician to mention Bitcoin in...

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Bitcoin (BTC) Begins The Week In Red But There Isn’t Much Room For Further Downside

Bitcoin (BTC) is an uptrend as the price seems to have entered a new ascending channel that can be seen on the 4H chart for BTC/USD above. This channel has held so far since the last few weeks of August and can be seen as the gateway to a trend reversal. However, the price seems to have lost the bullish momentum that kicked in soon as Bitcoin (BTC) closed last month above 21 EMA on the monthly time frame. That does not mean though that the bears are in charge but the price is likely to retrace for now. There...

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Bitcoin's Rise Reflects Governments' Failure To Stabilize National Currencies

Bitcoin is digital gold for a digital generation. Libertarian proponents of cryptocurrencies, like America's Founding Fathers before them, argue that fiat currencies are nothing but Monopoly paper: Why does fiat cash have value when it's not backed by any real asset, such as gold or silver? In 1786, Thomas Paine wrote: "Gold and silver are the emissions of nature: paper is the emission of art. The value of gold and silver is ascertained by the quantity which nature has made in the earth." He added, "But the evils of paper money have no end. Its uncertain and fluctuating value is...

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Bitcoin ATM Roll Out Set To Hit Greek Islands

Bitcoin ATM’s allow users to purchase and manage Bitcoin wallets through physical outlets that are becoming more common across the world. Bitcoin ATM’s can be installed anywhere you’d expect to see a traditional cash machine, be that in shops, bars or even on high streets. The roll out of these machines is being managed by a Greek group by the name of Thess Cash Hellas. Thess Cash Hellas will oversee the installation of these new machines across the country. As it stands, there are already around five crypto ATMs in Greece, which give users the ability to buy and sell...

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Bitcoin, A Tool For The Labour Class, Or A Weapon For Capitalism?

We’ve touched upon this sort of issue before, but it’s a topic that comes back again and again. Bitcoin was produced as a site of liberation, a decentralised product designed to allow people a chance to break away from the capitalist financial system, a way to take control of your own money across a democratic medium. With no banks and no authorities having control, it seemed that Bitcoin would be the tool for ultimate freedom. However, is this the case? When we look at Bitcoin now, it actually seems to be more of a capitalist dream, than a tool to...

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