PayPal co-founder Peter Thiel warned that the United States should enforce tighter regulations on cryptocurrencies during a virtual roundtable. He also expressed his concern that China is using Bitcoin to corrode the U.S. financial system. “Even though I’m a pro-crypto, pro-bitcoin maximalist person, I do wonder whether, at this point, Bitcoin should also be thought
New Data Shows Minimum Wage Would be $44/hr if it Grew Like Wall St Bonuses
As the minimum wage has remained stagnant at $7.25 an hour for over a decade, Wall Street bonuses have grown 1,217% since 1985. According to the study, the minimum wage would be $44.12 per hour if the pace of minimum wage grew at the same pace as Wall Street bonuses. While the cost of living
Joe Biden Proposes Tax First Major Federal Tax Hike Since 1993
The Biden administration just recently signed a $1.9 trillion COVID-19 relief bill this past Thursday, which will help the economy in a major way after the toll the pandemic has taken in the last year. Now, news surfaced noting that Joe Biden is preparing to propose the first major federal tax hike since 1993 in order to
Bitcoin Hits New All-Time High of $60,000
Previously, it was revealed that Tesla was investing $1.5 billion into Bitcoin, and expected to start accepting the cryptocurrency as payment. Now, news surfaced noting that Bitcoin’s value has risen past its all-time high to a value of $60,000. Binance tweeted a chart of where the value was a year ago from March 13, where
Eddie Griffin on Updates With Bitcoin & Why Ethereum’s Price Dropped 50%
Eddie Griffin touches on what Bitcoin was actually used for in its beginning stages and what actually drove Ethereum to drop almost 50% in 24 hours!