by clubswan | Jan 12, 2022 | Club Swan News, Cryptocurrencies, Traditional Currency
The launch of Bitcoin in January 2009 was a very low-key event. Hardly anyone, least of all a central bank, took notice. Nevertheless, this event seemingly marked the beginning of the end for a financial system that has been around for over 500 years. When central...
by clubswan | Jan 12, 2022 | Cryptocurrencies
Besides decentralization, the most differentiating feature and an important selling point of Bitcoin and other cryptocurrencies is their deflationary nature. With this feature, cryptocurrencies stand opposite fiat currencies like the US dollar, the Euro, and the...
by clubswan | Dec 7, 2021 | Club Swan News, Cryptocurrencies, Lifestyle
The crypto lifestyle has gradually shifted from the fringe to the mainstream, both in terms of what it involves and the number of people embracing it. Meanwhile, serious work on the underlying technology, better known as the blockchain, is still ongoing. Every other...
by clubswan | Dec 7, 2021 | Club Swan News, Cryptocurrencies
Is Europe, in particular, the Nordic region, facing an energy crisis caused by increased Bitcoin mining? On November 5, the director generals of the Swedish Financial Supervisory Authority and the Swedish Environmental Protection Agency issued an open letter to the...
by clubswan | Dec 7, 2021 | Club Swan News, Cryptocurrencies, Traditional Currency
There was a time in history when you could walk into a bank, hand over US dollars, Sterling Pounds, or Yens—depending on which country you lived in— and the teller would give you an equivalent amount of gold with hardly any questions asked. In that era, paper currency...
by clubswan | Nov 17, 2021 | Club Swan News, Cryptocurrencies
Through cryptocurrencies, and Bitcoin, in particular, the blockchain has transformed the process, purpose, and impact of printing money. For thousands of years, printing or minting of money has been an exercise performed by the government. Even in the cases where...
