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Sorry Jack, Bitcoin will not become the global currency Together, they will control 5 per cent of the world's liquid currency. Now, it has been well chronicled that Bitcoin mining uses a lot of energy. Digiconimist estimates, at current levels, the electrical cost for one Bitcoin transaction would power 28 US households for a day. Lets pick some numbers out of the ...
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Iran currency hits record low, crashing through 50000 mark Already facing huge obstacles from remaining, non-nuclear US sanctions, the collapsing currency will serve as another deterrent to potential investors, said Batmanghelidj. "Even in an instance where an investor is willing to operate in Iran, the devaluation is very concerning. If you invest now and the ...
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