Reddit Cryptocurrency: “Cryptocurrencies, a load of nonsense”

Below are the top news stories for the subreddits of bitcoin (BTC), Ethereum (ETH) and Ripple (XRP).

Bitcoin (BTC)

  • Donald Trump, the president of the United States of America is considering to appoint El-Erian as the World Bank president. It is pertinent to mention here that El-Erian has previously called bitcoin, a disruptive technology for the future in terms of peer-to-peer transactions. 60 year old El-Erian is currently working for Allianz as chief economic adviser.
  •  Bitcoin Graveyard allows people to buy flowers through bitcoin or satoshi using lightening network and lay them to any tombstone where any comment against bitcoin has been said by prominent people. Some sayings written on different tombstones are, “Bitcoin will go to zero: Davos talks up the future of blockchain tech”, “Bitcoin will still bite the dust”, “Cryptocurrencies a load of nonsensse” to name a few.
  • Wyoming, the US state has passed a bill that allowed cryptocurrencies to be recognized as a form of money. The bill captured the attention of the crypto world ever since it was presented and on the 22nd of January and recognizes digital assets as “property within the Uniform Commercial Code”.

Ethereum (ETH)

  • Groundhog, which is a collection of multiple tools for crypto subscription economy has been launched. Groudhog solves the problem of recurring and pre-authorized subscription payments that will be supported by crypto wallets and payment gateways.
  • Gorli, the testnet which is a proof-of-authority network for Ethereum has been launched. The development is led by Chainsafe Systems and Afri Schoedon from Parity but there are dozens of more contributors that helped in making this a reality.

Ripple (XRP)

  • A crypto exchange founder who met an unexpected death in December had the only access to the cold storage wallets of the exchange. It is said that the crypto loss due to his demise is around $190 million at current rates.
  • Many blockchain experts are calling for greater regulatory clarity from both the United States and the United Kingdom, and the FCA recently issued a document that describes their enforcement approach.

Mike Ben

Mike is a cryptocurrency enthusiasts and writer. The cryptocurrency world has become his primary interest, with movies and books, some of his favorite pastime activities. He's an investor in some blockchain projects; VeChain, Stellar Lumen, Gifto, Cardano, Bitcoin and Cindicator. Mike contributes guests posts to BlockPublisher & can be connected over Twitter or email editor.news@blockpublisher.com

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