bitcoin

Bitcoin could nearly double and reach $5,000 soon, says Standpoint Research   Bitcoin traded near $2,600 Wednesday, according to CoinDesk. Standpoint Research founder Ronnie Moas said the digital currency could rise to $5,000 "in a few months." "This is not something I could keep my hands off of," Moas said. Stock research analyst Ronnie Moas said he bought bitcoin this weekend and thinks it could reach $5,000 within a year.   "$5,000 could happen in a few months. It's only…

Bitcoin and Decentralized Networks are the Future, Says University Professor   Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria (South Africa), who also directs the Centre for the Study of Governance Innovation, recently published a write-up stating that money systems are in the process of transitioning from “centralized authority to decentralized networks.” Cryptocurrencies represent a significant part of such decentralized networks. According to Fioramonti, there is a growing demand for digital currencies. On one hand, he exemplified…