Truthout
Bitcoin
Miami’s Mayor Went All In on Cryptocurrency. His Constituents Suffered.
Miami Mayor Francis Suarez made outlandish claims about the boon of MiamiCoin, but it's lost 99 percent of its value.
Bitcoin ATM Companies Are Preying on the Poor
Bitcoin Depot has admitted to its investors that it relies on demographic data to strategically place its machines.
FTX Crypto Crash Threatens Life Savings of Working People
The dramatic collapse of the cryptocurrency exchange FTX was enabled by politicians’ hands-off approach on regulation.
As Cryptocurrency Becomes Mainstream, Its Carbon Footprint Can’t Be Ignored
As Bitcoin prices rise, so will incentive to mine it, creating a feedback loop that spells trouble for the climate.
Watchdogs Urge DOJ to Investigate Legality of Facebook’s Cryptocurrency Venture
With its pilot cryptocurrency program, Novi, Facebook is taking on banking functions without the necessary regulations.
Biden Administration Is Playing With Fire by Failing to Regulate Cryptocurrency
Growing evidence shows cryptocurrency invites scams that threaten the broader economy, say public interest groups.
Unregulated Cryptocurrency Bubble Could Send the Economy Into a Tailspin
Bank regulators are rushing to create cryptocurrency rules amid fears that a crypto crash could have wider effects.
Bitcoin Could Push Global Emissions Above 2 Degrees Celsius, Scientists Say
Bitcoin mining may consume more than 120 terawatt-hours of electricity globally this year -- more energy than Argentina.
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Paul Krugman | A Virtual Currency Raises Real-World Questions
Paul Krugman: "Almost all of the Bitcoin discussion has centered on positive economics - can this actually work? And I have to say that I'm still deeply unconvinced."