Is Gold backed cryptocurrency a good idea?

Is Gold backed cryptocurrency a good idea?

Gold started its life as a form of money, a means of payment in return for labour or another commodity such as food. In the early days, people would carry gold around and pay with it, but it became a burden due to its weight and the fact it would need to be divided...
Bubbles everywhere…

Bubbles everywhere…

This is just a quick post, I wanted to share a graph I just put together so I could compare the so called cryptocurrency bubble to the national debt of a few countries, It doesn’t set out to prove anything I just wanted to see a graph comparing them,...
Why banks are scared of Cryptocurrency

Why banks are scared of Cryptocurrency

The way I look at things… Technology moves fast, business must move fast to keep up, to stay profitable and to engage customers. ICO’s have been making the headlines again recently, mainly due to Chinese stories about banning them because they are or can...
Its a red day today!

Its a red day today!

Well it looks like something is going on in all the markets. Most of the popular cryptos are in a bit of a down trend and according to coinmarketcap.com the market cap has dropped below $100 Billion. Do we need to worry about this and will it continue down? Well...