CENTRAL BANKS BEAT BITCOIN AT OWN GAME WITH RIVAL SUPERCURRENCY


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The proto-currency known as RSCoin has vastly greater scope than Bitcoin, used for peer-to-peer transactions by libertarians across the world, and beyond the control of any political authority.

The purpose would be turned upside down. RSCoin would be a tool of state control, allowing the central bank to keep a tight grip on the money supply and respond to crises. It would erode the exorbitant privilege of commercial banks of creating money out of thin air under a fractional reserve financial system.

“Whoever reacts too slowly to these developments is going to take it on the chin. They will lose their businesses,” said Dr George Danezis, who is working on the design at University College London.

http://www.infowars.com/central-banks-beat-bitcoin-at-own-game-with-rival-supercurrency/

Recap: Twitter stock soars, then dives after mobile ads drive earnings beat


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Twitter announced quarterly earnings Tuesday while making an important decision about a future leader, and advertising revenues initially boosted stock before downbeat user-growth talk sent it the other way. Reporters Jennifer Booton (@jbooton) and Caitlin Huston (@hustonca), and Tech Editor Jeremy C. Owens (@jowens510) live-blogged the earnings report and conference call.

http://blogs.marketwatch.com/thetell/2015/07/28/live-blog-twitter-streams-earnings-amid-ceo-search/