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bitcoin-goes-physical

BitFX Limited recently opened its first Bitcoin retail location, in Hong Kong. The store—staffed with personnel as well as a Bitcoin ATM—is seen as just the first move of many in an attempt to make Bitcoin more accessible to the masses, taking technology out of the equation and making...

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Fukuda_Bitcoin

Mineyuki Fukuda, a 50-year-old second-term lawmaker with the Liberal Democratic Party (LDP) in Japan, is tasked by Prime Minister Shinzo Abe’s administration with trying to figure out what exactly Bitcoin is, what its capabilities are, and how to regulate it. The young (by Japanese lawmaker standards) parliament member has...

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Moody’s Investors Service, Inc., announced yesterday that it was downgrading Japan’s sovereign debt rating, from Aa3 to A1. The main reason cited was the Japanese government’s announced delay of an additional sales tax increase to 10% that was scheduled to go into effect next year. This was to be...

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Typically in Japan, politics is a somewhat taboo subject for open discussion. Unlike in the United States, Japanese do not wear their political allegiances on a T-shirt. Asking someone, “Who are you going to vote for?” is simply not polite conversation—not at a bar, over the dinner table, or...

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SIN

The year of the horse has been tough for so many. Singapore is definitely no exception. The city of SIN (Singapore’s airport code) had a decent Q3, but overall 2014 is starting to look like a loser. Singapore’s Ministry of Trade and Industry (MTI) yesterday said that it expects...

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A_Case_Bitcoin

Jim Rickards, the author of The Death of Money and Currency Wars, in a recent interview with Reuters had this to say about the U.S. dollar, “The dollar is actually a digital currency. People look at Bitcoin and call it that, but so is the dollar. An overwhelming percentage...

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Gold_Bear

Bloomberg is reporting that hedge funds (investment vehicles for the wealthy) are continuing their bearish outlook on gold and liquidating their positions for a third straight week. U.S. government data reveals that net-long position in New York futures and options have fallen by 14%, and that gold holdings have...

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