Today’s newsletter has valuable news you can use – starting with the timely new app called Bitcoin Bubble Burst which uses artificial intelligence and predictive analysis to send you alerts before bitcoin makes a market move.
We also hear from several experts predicting the rise of central government-backed digital currencies and how they may look in the future. Finally, we wrap with VC Union Square Ventures partner Albert Wenger on why he believes cryptocurrencies will be worth trillions of dollars in the future.
Bitcoin Bubble Burst: Timeliest cryptocurrency app ever?
With bitcoin passing $11,770 in Sunday trading, you had to smile with a deep sense of irony that the Bitcoin Bubble Burst app launched the same day at TechCrunch’s Disrupt Berlin hackathon in Germany. Creators say no other app uses artificial intelligence to give you advance predictions like Bitcoin Bubble Burst. Read more…
Will government-backed cryptocurrencies rule the future?
Many central banks are trying to figure out what the impact of cryptocurrency will be on their own fiat currencies. Some struggling economies such as Argentina and Venezuela may have no choice but to use cryptocurrency to help bail out their own failing economies. A number of countries are well along in developing their own government-backed digital coins according to a CNBC report. Read more…
Cryptocurrency will eventually be worth trillions says VC Albert Wenger
VC Union Square Ventures partner Albert Wenger says cryptocurrency will be worth trillions of dollars. Eventually. Along the way, he says, there’s the risk of a drop-off in the short-term but the longer term is positive. Read more…
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