The corona virus outbreak shows just how fragile our world is
Quite apart from the disruption that has been caused, China has printed $170BILLION of extra cash to pump into the economy. There’s no guarantee that’s enough, and in fact it’s unlikely to be. In 2008, the US Treasury printed $600 billion, and that wasn’t enough to prevent widespread bankruptcies and zombie companies. The IMF only […]
How Cryptocurrencies Already Help Sovereign Nations
Article by Scotcoin’s own Temple Melville published in City AM on 28/8/19 Cryptocurrencies are almost as old as money itself. Indeed, crypto simply means concealed or secret. So the first man (or woman) who tried to exchange some rocks for a sheep could be said to have been using a crypto currency. Up to that […]
Scotcoin Meetups – first of 2019!
[av_one_half first min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ padding=’0px’ border=” border_color=” radius=’0px’ background_color=” src=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_breaking=” mobile_display=”] [av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” custom_class=” admin_preview_bg=”] So Scotcoin Meetups are back! These informal events are a great way to meet other cryptocurrency enthusiasts, find out more about virtual currencies generally and to meet […]
UK Tax status for crytocurrency
Cryptocurrency Tax Status On December 15, 2017, the European Council and the European Parliament finally agreed the 5th AML (Anti Money Laundering) Directive. This directive contains the first legally binding definition of virtual currencies and is the most significant regulatory action over virtual currencies anywhere in the world. Because of a Swedish ruling a couple […]
Welcoming Better Regulation
For the past 2 years, Scotcoin has performed KYC checks on all purchasers via the official exchange. We wholeheartedly welcome better regulation – and are leading the way! Bitcoin and other digital currencies are a “Wild West industry” and need to be regulated to protect investors, a committee of MPs has urged. | BBC […]
Scotcoin – Scotland’s Own Digital Currency, a World Coin With a Scottish Ethos
– A speech by Temple Melville to Scottish Fintech on Wednesday 19th September 2018 “Good afternoon! I represent Scotcoin, Scotland’s own digital currency, a World Coin with a Scottish Ethos. I have just three things to tell you about today, all of them important. One is potentially profitable for you, one will benefit […]
Chocolate Bitcoins
If you are a chocoholic like me, you just might know that Belgium has been involved with the manufacture and sale of chocolate for nearly 400 years. Yes, 400 years. It has more than 2000 chocolate shops selling just – chocolate. They manufacture over 170,000 tons a year. It’s a big business. And it’s been […]
ICO? Take care…..
A Boston College research paper entitled Digital Tulips has found that fewer than half of all ICO projects survive more than 120 days after the completion of their sales of tokens to the public. That is really scary. And this fact does not seem to be putting people off. Another $10-12 billion of ICOs will […]
Scotcoin needs Bitcoin!
We’ll buy your bitcoin for Scotcoin Despite our new blockchain not needing Bitcoin, we will all need some Bitcoin in order to effect the migration from our present Counterparty Protocol. It’s not very much per wallet but in order to send the existing coin to its new wallet, Bitcoin will be needed. We are in […]
Rigging The Crypto Currency Markets
The news that US regulators are investigating crypto currency exchanges for illegal rigging activities should come as no surprise to anyone. When you are in the Wild West, anything goes, and can go on for as long as no one pulls the plug on it. But this particular move is all part of the worldwide […]
