Ripple Wants XRP to Be Bitcoin for Banks. If Only the Banks Wanted It

The digital currency mania has certainly encompassed XRP, the cryptocurrency from startup Ripple that exploded to a gain of 20,000% last year. But unlike, say, the beverage company that added “blockchain” to its name, Ripple at least had a compelling narrative to tell investors. Banks send trillions of dollars around the world every year and … Read moreRipple Wants XRP to Be Bitcoin for Banks. If Only the Banks Wanted It

A Look Inside The Secret Swiss Bunker Where The Ultra Rich Hide Their Bitcoins

Somewhere in the mountains near Switzerland’s Lake Lucerne lies a hidden underground vault containing a vast fortune. It’s no ordinary vault. Built inside a decommissioned Swiss military bunker dug into a granite mountain, it’s precise location is a closely guarded secret, and access is limited by myriad security precautions. But instead of gold bars, the … Read moreA Look Inside The Secret Swiss Bunker Where The Ultra Rich Hide Their Bitcoins

A French startup proves that selling USB sticks is one way to make big money on bitcoin

Bitcoin is soaring, but how do you keep those digital coins safe? Reuters estimates that more than 980,000 bitcoins, worth more than $10 billion at current prices, have already been stolen from exchanges. You could stash your secret codes in a Swiss mountain vault. Or more likely—put them on a USB stick. A Paris-based startup … Read moreA French startup proves that selling USB sticks is one way to make big money on bitcoin

The logic problems that will eventually pop the Bitcoin bubble

The one fundamental truism of investing, and the one most often ignored, is this: the higher the returns, the higher the risk. The past is littered with examples of when that rule was ignored. The stocks of dot-com companies raced to stratospheric heights in the late 1990s, until they came crashing to the ground. After … Read moreThe logic problems that will eventually pop the Bitcoin bubble

The easiest way to tell that bitcoin is a huge bubble

If you want to succeed in business, there’s one thing, just one thing, you need to do. That isn’t making money — how quaint! — but rather adding the word “blockchain” to your company’s name. Don’t believe it? Just ask the biotech firm Bioptix, which saw its stock price nearly double after it announced it … Read moreThe easiest way to tell that bitcoin is a huge bubble