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Ripple CEO Says Digital Currencies are More 'Asset' Than 'Currency' During the Yahoo Finance All Markets Summit, Ripple CEO Brad Garlinghouse expressed his belief that digital currencies are less of a 'currency' than some proponents might argue. In the panel, Garlinghouse cited the lack of real-world opportunities to spend digital currencies as a way to emphasize ...
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Why Bitcoin, Cryptocurrency Crackdown Is Gaining Steam If the currency isn't really linked to actual dollars -- and it was propping up Bitcoin prices -- then that would signal that Bitcoin and other currencies aren't worth what speculators and investors think they are. Using an analogy, it's the equivalent of a company lying about its orders or accounts receivable.
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