Cryptos ain’t too big to fail

This is the second article written for us by Robert McDowell. He is a long time supporter both personally and through Summerhall of Scotcoin. He is currently chairman of that renowned venue in Edinburgh, and a long time top level financier and economist. He has written a couple of pieces for us. The first one […]

IS THE TRUTH THAT OUR ECONOMY IS SIMPLY TOO BIG TO FAIL?

Robert McDowell is a long time supporter both personally and through Summerhall of Scotcoin. He is currently chairman of that renowned venue in Edinburgh, and a long time top level financier and economist. He has written a couple of pieces for us, this first one on the macro position we find ourselves in and the […]

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 […]

Scotcoin as history

We have been engaging with Crypto Lioness for some time. She is an amazing woman who has overcome disability and anguish to carve herself a life full of meaning and success. She has embraced digital and crypto currencies and her blog (https://cryptolioness.com/) tells of her adventures in crypto land. The whole blog is worth a […]

Types of token

On July 31, the FCA issued its settled policy statement on cryptocurrencies in a document titled “PS19/22: Guidance on Cryptoassets.” The document represents an updated version of a consultation paper on crypto assets that was first released for public comment in January 2019, and intends to bring more regulatory clarity to existing types of digital assets. In essence it describes 3 […]

The Missing Man and the Missing Millions

If you haven’t been following this, https://www.bbc.co.uk/news/technology-47454528 in a few short bullet points: Crypto exchange has a few problems Owner of exchange “dies” in India Crypto wallets with £105m can’t be accessed “because he was the only person with the password” Wallets get opened. Hey presto! There’s nothing in them Now call me cynical but […]

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 […]