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Australia ASX Will Use Blockchain in 2018

The Australian securities exchange also known as the ASX is ready to switch it’s clearing system CHESS software to the more futuristic Blockchain platform in 2018. The ASX is the worlds first exchange to adopt the amazing new technology. The main aim of this new system, is to make it faster for shareholding and more secure. It will also help with costs. ASX has been developing and testing the blockchain technology for the past two years, and these tests have proven worthy of a change. The hope is, that the use of blockchain (which is also referred to as distributed...

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Six Things Investors Need To Consider In 2018

Bond guru, Bill Gross believes that investors need to be very careful in 2018, and has stated six areas that they should worry about in the New Year. He includes debt, liquidity and Bitcoin as areas of concern. He is known for being cautious when it comes to investment, and below are just half a dozen reasons why he thinks that everyone should be. Central Banks: The Federal Reserve have kept interest rates low whilst beginning the first steps of policy normalisation. This has provided a backstop for the economy and markets, but it also gives central banks much less...

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The Internet Versus Bitcoin

Ever since Bitcoin was started, it has caused a divided opinion between both professionals and those interested in the financial district. So, what is more useful, the internet or Bitcoin? One popular decision is that the internet could actually solve real problems, whereas Bitcoin, and cryptocurrencies as a whole cannot. The internet promised, and ultimately produced a more efficient way of selling just about everything. Even when the stock bubble burst, the internet was able to boost productivity and living standards. Tim Mullaney, a writer for MarketWatch recalls on his own experience of working at BusinessWeek, and a particular meeting...

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Couple Put Entire Life Savings Into Bitcoin Mine

Sponsored by A couple have gone for an unusual way of making money for their future, by investing more than $100,000 into Bitcoin mining, purchasing the machines, electricity and the space to create more of the digital currency. The entrepreneurial couple have tried unusual money making decisions in the past, with one half of the couple, Amanda Ryland saying; “Most endeavours have been profitable…They may sound crazy, but I trust him [husband Dan Ingram].” Her husband justified his latest decision by saying; “If I was looking for get rich quick, I would have just bought Bitcoin, and just sat there...

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Is Bitcoin Destroying The Environment?

You might not associate Bitcoin and the environment, but Eric Holthaus, a meteorologist believes that everyone with an interest in the future, and fossil fuels should start paying attention, and quickly, as he believes that there is actually a link between the two. The value of Bitcoin has recently reached an all-time high, with the price of a single Bitcoin hitting nearly $15,000. When Bitcoin was first introduced, they were just $100; however, those who invested in them then would be sitting on a hefty profit, presuming that they have not spent any over the years. The chances of this...

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