Computing News | Computing News – Computing Information

blockchain

05/11/2018 / By News Editors

Ten years in, nobody has come up with a use for blockchain

Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless effort and billions of dollars invested, nobody has actually come up with a use for the blockchain—besides currency speculation and illegal transactions. (Article by Kai Stinchcombe republished from HackerNoon.com) Each purported use case […]

04/02/2018 / By David Williams

Bill Gates: Bitcoin “a rare technology” that has been a “fairly direct” cause of deaths

Bill Gates, the man who was once known as the richest person in the world, has been asked his fair share of financially related questions over the years. One of the more recent ones that the former tech industry mogul had to answer was about cryptocurrencies, specifically what he thought about them. Almost immediately, he […]

03/13/2018 / By David Williams

Ethereum co-founder Vitalik Buterin: Cryptocurrency not ideal for long-term investment

Many people have fallen for the foolish notion that cryptocurrencies can serve as a great option for investing money. There are those who think the opposite, but cryptocurrency supporters are much more vocal. For this reason, one of the biggest names in the cryptocurrency community has spoken out against this view, saying in no uncertain […]

02/25/2018 / By David Williams

Bitcoin wallet devices found to be surprisingly vulnerable to hacking

People have touted bitcoin to be much more secure than most existing financial services. However, it’s not immune to hacks and other intrusions. A group of computer scientists has just shown how vulnerable Bitcoin can truly be, particularly when stored inside so-called hardware wallets that are meant to keep them safe in an analog form. […]

02/08/2018 / By Ethan Huff

If you bought Bitcoin, you may have accidentally funneled money to the CIA

Is Bitcoin a truly anonymous digital currency developed for the sole purpose of giving people freedom from the central banks, or was it actually hatched by the “deep state” in order to secretly fund international missions by the CIA and MI5? A Russian cybersecurity expert is alleging the latter, according to slides obtained from a […]

01/22/2018 / By Ethan Huff

BitConnect collapse reveals that cryptocurrency sites can really only succeed as long as they receive good press to build “confidence”

A major cryptocurrency exchange known as BitConnect has shut down its trading platform and reverted to just a storage wallet following recent crackdowns by state authorities for the alleged unauthorized sale of securities. In a recent blog post published to the company’s website, BitConnect also pointed to “bad press,” which it says eroded consumer confidence […]

01/22/2018 / By David Williams

Bitcoin warning from billionaire Warren Buffett: Cryptocurrencies are a toxic bubble that will most likely ”come to a bad ending”

Billionaire investor and all-around financial genius Warren Buffett has once again shared his thoughts on Bitcoin and other cryptocurrencies. To no one’s surprise, he still doesn’t care for them, not one bit. In a recent interview with CNBC, Buffett does his best to make it absolutely clear that he doesn’t see a good outcome for […]

01/17/2018 / By Mike Adams

Health Ranger releases new “Sh*tcoin and Buttcoin” Counterthink animation that mocks Bitcoin crypto-lunacy

As part of a new series of hilarious animations being released on Counterthink.com, today I’m releasing “Sh*tcoin and Buttcoin,” a hilarious two-minute animation that satirizes all the brain dead arguments of Bitcoin cultists who have convinced themselves that Bitcoin isn’t a speculative bubble. You can watch it now at Counterthink.com (or see the embedded videos, […]

01/16/2018 / By Ethan Huff

Bitcoin payments now so SLOW and expensive that a prominent Bitcoin conference has stopped accepting Bitcoin for payment

The day-to-day usefulness of Bitcoin as a method of payment for everyday transactions is so limited that the North American Bitcoin Conference, which actively promotes the cryptocurrency, actually had to stop accepting it from attendees trying to make last-minute ticket purchases. The Keynote event, which is set to take place this week in Miami, features […]

01/16/2018 / By Ethan Huff

The Health Ranger was right: Bitcoin’s usefulness as a payment system COLLAPSES

High fees, slow transaction times, and unpredictable volatility are among the main reasons why some companies are reportedly deciding to abandon ship when it comes to using Bitcoin. As Mike Adams, the Health Ranger, has been predicting, Bitcoin’s future as an everyday method of payment is on the ropes as trends could be moving towards […]

1 of 3