If Trump Repeals Obamacare, He Owes US Taxpayers a $2 Trillion Refund

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Is Bitcoin Fundamentally Incapable of Mass Adoption? The Economist Thinks So

An article out today in the Economist lists several reasons why Bitcoin may never have a “long-lasting” recovery. The unnamed author writes, in part: “The bust has been correspondingly brutal. Those who bought near the top were left with one of the world’s worst-performing assets. Cryptocurrency startups fired employees; banks shelved their products. On March …

Binance CEO Zhao Morphs Into Bitcoin Grouch in Crypto Twitter Brawl

Bitcoin bull Changpeng Zhao, the CEO of Binance, has earned a reputation as an affable, laid-back guy enjoying the meteoric success of his popular cryptocurrency exchange. But is Zhao’s nice-guy persona merely an act? It seems that way, based on a testy Twitter exchange Zhao (who goes by “CZ”) had with several cryptocurrency reporters this …

Zuckerberg, Dimon, Maduro…You Are Not Welcome Here!

Facebook is the latest in a raft of corporate or government entities creating their own cryptocurrencies. Within weeks of JPMorgan announcing its plans to launch the JPMorgan coin, sources leaked confirmation of the crypto landscape’s worst-kept secret–that the Zuckerberg blockchain team was working on a native cryptocurrency. The social network joins a dubious lineup of …

Musk Once Again Pushes Tesla to the Brink

It’s all hands on deck at Tesla as the electric car-maker is scrambling to meet its delivery numbers. Producing the Model 3 (the company’s more affordable, “mass-produced” car) has put the company through, as Elon Musk has said, “Production Hell,” and they are now in “Logistics Hell.” What does this mean? Essentially, Tesla couldn’t make …

Trump Will Strike Back Hard on China’s ‘Spying’ Huawei For Suing the US

President Donald Trump will hit back hard as Huawei files a lawsuit against the United States government. Huawei, the largest smartphone maker in China, says Trump acted as “judge, jury and executioner” with his ban on Huawei products. The Chinese telecoms giant says the US violated its own constitution. The lawsuit, filed in Texas, is …