There’s a mad rush going on right now throughout Asia over the popular online “cryptocurrency” known as Bitcoin. Armchair investors in places like Japan and South Korea are stocking up on Bitcoin with the belief that doing so will bring them mad returns. But many of them don’t realize that investing in Bitcoin may not […]

So-called “cryptocurrencies” are becoming a dime a dozen these days, with new blockchain platforms popping up on the regular. But how stable are they? One long-time investor says not very, admitting in a recent blog post that popular systems like Ethereum aren’t legitimate stores of value like many people think they are, and that once […]

The price of the popular online “cryptocurrency” Bitcoin has reached all-time highs in recent weeks, with many wondering what will happen next as the Bitcoin bubble expands ever-larger. While many are focused on heightened interest in Bitcoin from Japanese and South Korean retail investors, which is massively driving up its trade value, there’s another major […]

Asian investors are going haywire over the prospect of becoming independently wealthy from investing in bitcoin, the popular “crypto” currency that has risen in value by an astounding 150 percent since the beginning of the year. But this decentralized medium of exchange could be in the midst of a giant bubble, which means that many […]

A bitcoin investor who purchased the popular cryptocurrency several years back when it was only about $200 – it’s now valued at almost $3,000 U.S. – recently sold everything he had and moved his money elsewhere. And his advice is that you should do the same if you don’t want to suffer the consequences of […]

So-called “cryptocurrencies” like bitcoin are changing the way that many people conduct business, both online and off. But as the push towards digital cash intensifies, it’s important to remember that not everyone is keen on where things are headed, including corporations that simply don’t want their day-to-day operations publicly shared via the blockchain system upon […]

Legislators in the United States have taken aim at digital “cryptocurrencies” like bitcoin and ethereum with new proposed legislation that would force people coming into America to report their cryptocurrency holdings. Those pushing this invasion of personal privacy say it’s necessary to facilitate a crackdown on money laundering operations that use cryptocurrencies as cover. A […]

It’s only been a few years since cryptocurrencies like bitcoin first began taking the world by storm, offering what many people see as a more secure financial alternative to fiat currencies like the dollar. But the almost 20 percent bitcoin “flash” crash that recently took place just days ago on June 12 suggests that this […]

Everyone is jumping on the Bitcoin bandwagon these days as the popular cryptocurrency continues to soar in perceived value relative to the dollar. But the Bitcoin bubble could be in the final stages of inflation, warns Simon Black of Sovereign Man, meaning this bubble could burst at any moment once the mad rush of speculation […]

The United States, after eight years of George W. Bush and eight more under Barack Obama, is now sitting at $20 trillion in debt, an amount that is more than 104 percent of our country’s annual gross domestic product. That means if we dedicated every single penny to paying that debt off — which of […]

If you’re a working employee contributing to a pension fund for your future retirement, your contributions could be getting spent on payouts to current retirees rather than invested as they should be for your eventual use. That’s because pension funds tend to function more like Ponzi schemes than actual retirement programs, benefiting those who contribute […]

While the mainstream media tries to paint a positive picture of economic recovery taking place in our country right now, there are some disturbing signs that a 2008-like economic meltdown is on the horizon. The U.S. GDP grew at its worst rate in three years during 2017’s first quarter, with a seasonally adjusted annual rate […]

Most folks understand what it feels like to be in debt and how difficult it can be to get untangled from it, especially if someone loses their source of income. Debt comes from all sorts of places — mortgages, car payments, school loans, medical expenses, credit cards, capital investments, farm equipment, travel or maybe just putting food on the […]

Almost everyone would like to retire early, but many of us realize it’s nothing more than a dream. The millennial generation, however, appears to be under the impression that they will be lucky enough to stop working before their 60th birthdays, despite nearly all the signs pointing in the opposite direction. A new report from […]

A report by Standard & Poor revealed that some 60 percent of countries around the world will be bankrupt within 50 years. According to the report, entitled Global Aging 2010: An Irreversible Truth, these countries will be in such great debt by 2060 that their debts will eventually be downgraded to “junk status.” Countries with a junk […]