Tags : Bill

Bitcoin

Bill Gates explains why he associates Bitcoin with tax avoidance

Billionaire Microsoft co-founder Bill Gates said he doesn’t hold Bitcoin, nor is he short against it. Instead, Gates claims he holds a neutral position as far as the leading cryptocurrency is concerned. However, his follow-on comments contradict his opening statement. While he’s all for the digitization of money, he believes Bitcoin encourages tax avoidance and […]Read More

Blockchain

Senate Bill Re-Introduces Suspicious Activity Reports for Tech

Another challenge to Section 230 of the Communications Decency Act, which protects tech platforms from being liable for various forms of content posted on them, has re-emerged, with bipartisan support. It takes a page from the Banking Secrecy Act (BSA) but, rather than filing Suspicious Activity Reports (SARs), the bill would force tech companies to […]Read More

Market

Bitcoin Is ‘Less Risky the Higher It Goes,’ Says Investor

Mutual fund titan Bill Miller is talking bitcoin again. “One of the things that’s interesting about bitcoin is that it gets less risky the higher it goes,” Miller told CNBC Friday. “That’s the opposite of what happens with most stocks.” Miller continued to describe bitcoin as “a supply-and-demand story” with roughly 900 bitcoins created each […]Read More

Bitcoin

Bitcoin Weekly Outlook: Expect Gains as Trump Signs Stimulus Bill

Bitcoin is showing no signs of upside exhaustion despite continuous pullback warnings. The flagship cryptocurrency broke north of $28,000 during the weekend session that helped it close the week 11.85 percent higher. Capital kept flocking into the 24/7 Bitcoin market as the rest of the financial industry snoozed itself for the Christmas holiday break. On […]Read More