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View More NewsBillionaire investor Stanley Druckenmiller said blockchain and stablecoins may only be a decade away from powering the global payments system — though he isn’t sold on the idea of crypto functioning as a store of value.In an interview with Morgan Stanley recorded on Jan. 30 and released on Friday, the former hedge fund manager said blockchain-based tokens — particularly stablecoins — boost productivity in the payments space:”Blockchain and the use of stablecoins, if you want to throw crypto into that, tokens, incredibly useful in terms of productivity,” Druckenmiller said.”I assume our whole payment systems will be stablecoins in 10 or…
In Europe, it’s not just making fun of a president’s wife or making edgy jokes on social media that can lead to fines and jail time, but criticizing authoritarian leaders, too. In early February, Rainer Zitelmann, a German historian and sociologist, received a letter from Berlin police informing him he was under investigation for violating Germany’s criminal code by using “symbols of unconstitutional and terrorist organizations.” “I will turn 69 in June, and it is the first time in my life that I have come into conflict with the law,” Zitelmann tells Reason. Zitelmann, who has written for Reason, wrote…
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In my family, Sunday coffee was a blood sport. My grandfather, a former Wehrmacht soldier, stood on the political Right. My aunt, a passionate participant in the 1968 student movement, stood on the Left. Almost the only thing they agreed upon was their antipathy to Americans, expressed with identical certainty from opposite ends of the kitchen table. I was ten years old when I started paying attention to this. It was the late 1970s, and I watched political talk shows and Lou Grant—the American newsroom drama set at the fictional Los Angeles Tribune—with equal fascination. I tried to understand why…
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The crypto rally ran into a wall on Friday as fresh headlines of potential escalation in the Iran conflict abruptly cooled risk appetite across…
Nuclear power is gaining renewed attention in the United States as artificial intelligence and data center expansion drive demand for reliable, large-scale electricity.According to…
In brief Story Protocol developer PIP Labs has let go of several employees and contractors. The reductions come as the firm explores opportunities associated…
Billionaire investor Stanley Druckenmiller said stablecoins could underpin global payment systems within the next decade or two while reiterating his long-standing skepticism toward much…
Bitcoin BTC$71,859.13 rose above $71,500 on Friday, outperforming U.S. equities even as the dollar strengthened and oil prices remained elevated as the war with…
Bitcoin (BTC) hit eight-day highs into Friday’s Wall Street open as markets awaited key US inflation cues.Key points:Bitcoin shows resilience despite macro market uncertainty…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of…
Bitcoin BTC$71,329.00 held firm near $71,000 on Friday, extending a quiet stretch of consolidation that has kept the crypto market largely unmoved by turbulence…
Singapore-based MetaComp said Friday it completed a new funding round backed by Alibaba, as the company expands its stablecoin payment infrastructure.MetaComp completed a Pre-A+…
In brief The Senate passed a housing bill containing a ban on an American CBDC, or “digital dollar.” The ban would last until 2031,…
Many see bitcoin BTC$71,329.00 as a safe-haven and store-of-value asset, like gold. But some currency traders treat it as a lead indicator for broader…
A group of Democratic senators say they will oversee a reported Justice Department investigation into possible Iran-related sanctions violations on the crypto exchange Binance.Senators…