Sony Electronics Singapore has partnered with Crypto.com to enable USDC payments on its online store. This marks Sony’s first direct move into cryptocurrency transactions in Singapore, allowing customers to purchase products using USDC, a stablecoin pegged to the U.S. dollar, via Crypto.com Pay. The initiative is exclusive to the Sony Store Online in Singapore and […]
Michael Saylor, a well-known Bitcoin advocate and the executive chairman of MicroStrategy, is likely making a point about the decentralized and borderless nature of Bitcoin. When he says “there are no tariffs on Bitcoin,” he’s emphasizing that Bitcoin, as a digital currency, isn’t subject to traditional trade barriers like tariffs, which are taxes imposed by
Michael Saylor says “there are no tariffs on Bitcoin.” Read More »
Tariffs are taxes that: 1) raise revenue for the country imposing them that both the foreign producers and the domestic consumers pay (how much paid by each depends on their relative elasticities), which makes them an attractive tax 2) reduce the global efficiencies of production 3) are stagflationary for the world as a whole, more deflationary
Ray Dalio: The effects of tariffs – How the machine works Read More »
Sumitomo Mitsui Financial Group, the parent of Japan’s second largest bank SMBC, is planning to issue a stablecoin. It’s collaborating with Ava Labs, the founder of the Avalanche blockchain, as well as Fireblocks, according to a report from the Nikkei. The bank will work with Japanese IT firm TIS and plans to conduct experiments in Q4
In late March 2025, GameStop announced plans to raise $1.3 billion through convertible senior notes, with the proceeds intended for general corporate purposes, including Bitcoin purchases. This followed their board’s unanimous approval to add Bitcoin as a treasury reserve asset, a strategy inspired by companies like MicroStrategy. Posts on X from April 1, 2025, have
GAMESTOP LIKELY TO BUY $1 BILLION IN #BITCOIN TOMORROW Read More »
For the last several years, a groundswell of support for a global de-dollarization movement has taken place. Although the currency is still far and away from the global standard, things could be set to change. Indeed, BlackRock CEO Larry Fink recently suggested that Bitcoin could replace the US dollar as the world’s global reserve currency. With groups
BlackRock CEO Says US Dollar is at Risk of Losing Reserve Status to Bitcoin Read More »
The Bitcoin Policy Institute has indeed proposed a framework for the United States to acquire $200 billion worth of Bitcoin through a novel financial instrument called “Bit Bonds.” This concept was initially introduced by Andrew Hohns, CEO of Newmarket Capital, during a keynote speech at the Bitcoin For America event hosted by the Bitcoin Policy
Michael Saylor’s journey with Bitcoin and his company’s transformation into what’s now called Strategy (formerly MicroStrategy) is a fascinating case study in corporate finance and cryptocurrency adoption. Michael Saylor, a tech entrepreneur and MIT graduate, co-founded MicroStrategy in 1989 as a business intelligence software company. Over the decades, it became a modest success, but by
Michael Saylor’s STRATEGY just bought another $1.92 BILLION Bitcoin. Read More »
