Tim Draper. “I think I would be right on this one,” Draper told CNBC Make It. Draper first made his bold price prediction in 2018, when Bitcoin was trading around $8,000, according to Coinbase. “I will be really right or really wrong [nhưng] I’m pretty sure it’s going in that direction,” Draper said. That’s because Draper believes that virtual currency will be “more used by then”. Draper predicts: “Wait about a year and a half and retailers will use Opennode [một bộ xử lý thanh toán Bitcoin], so people will accept Bitcoin.” Currently only a few major companies accept Bitcoin directly or indirectly through a third-party digital wallet app, including Microsoft, PayPal, Overstock, Whole Foods, Starbucks, and Home Depot. And many experts see Bitcoin as a store of value, like gold, rather than currency. Draper said: “I think [Bitcoin] will continue to increase because there are only 21 million in all. Thanks to its code, only 21 million Bitcoins can be “mined”. To date, over 18 million bitcoins have been in circulation. Draper, 63, who built his fortune by making early investments in Twitter, Skype, Tesla and SpaceX, did not share how many Bitcoins he currently holds or whether he invests in other cryptocurrencies. or not. Draper says most engineers are working on improving Bitcoin right now. Last week, Bitcoin had its first upgrade in four years, called Taproot. Going into effect in November, the reported change will mean greater security and transaction efficiency. It is also meant to unlock the potential for smart contracts on the Bitcoin blockchain, CNBC reported. Bitcoin “Like Microsoft” [trong] software world or Amazon in the world of e-commerce,” said Draper. He believes that Bitcoin will be at the center of all financial activity in the next two to three decades. However, the value of Bitcoin is highly volatile and there are concerns about its massive energy use. For this and other reasons, experts recommend only investing as much money in Bitcoin as you can afford. Hundreds of billions of dollars were wiped out after Elon Musk tweeted in May that he would be suspending Bitcoin purchases at Tesla due to environmental concerns. In 2014, Draper purchased nearly 30,000 Bitcoins seized by US Marshals Services from the Silk Road Online Black Market.

Apple cannot refuse the US government’s request for information. Photo: Getty Images. Authorities asked Apple not to disclose information. It was not until last May that McGahn was informed, the source of New York Times said. At the time, special counsel Robert Mueller was investigating allegations that Donald Trump’s 2016 campaign had ties to Russia. Don McGahn is one of the leading figures in the team supporting the US billionaire running for the White House. It is not clear from which side Apple received the request for information. At the beginning of 2018, Donald Trump himself also expressed anger at his aide. However, it is highly likely that the request comes from the Robert Mueller investigation. In addition to Don McGahn’s personal information collection, Trump’s campaign manager, Paul Manafort, is also facing trial for alleged election fraud. Mr. McGahn was not aware of Apple providing his information to the authorities. Photo: New York Times. Neither Apple nor McGahn’s attorney declined to comment. A few days ago, New York Times also revealed that the US Justice Department under Donald Trump asked Apple to provide information from the accounts of two Democratic politicians Adam Schiff and Eric Swalwell. All of these cases have never been officially announced by Apple. In both cases, the concern is not only with who is being investigated, but also in how authorities exploit personal information. According to the Engadget For many years, technology companies have tried to be transparent in the use of user data, however, they do not explain and provide public information about such incidents. Can Apple become the bank of the future? Technology companies are looking to enter the financial technology industry such as Paypal, Samsung. Many rumors about Apple going to bank with Apple Wallet Pay and Apple Card.

Illustration. FT montage Facebook-led digital currency project Diem (originally called Libra) is moving operations to the US and will partner with a local bank to issue US dollar-backed stablecoins. The project, which is supported by 26 businesses and non-profit organizations, has also dropped its application with the Swiss Financial Market Supervisory Authority to operate as a payment service, and will instead post registered as a money services business with the U.S. Department of the Treasury. The initiative was formerly known as Libra but was renamed late last year due to pressure from global regulators, who were concerned that it could threaten monetary stability and become a moot point. hot for money laundering. Some of its founding members — including PayPal, Mastercard, Vodafone and eBay — have dropped out because of similar reputational fears and concerns. Initially, Diem sought to create a synthetic coin backed by a basket of currencies, before narrowing his vision to focusing on launching a single coin backed by a single coin. USD. On Wednesday, May 12, Diem said it planned to run a “blockchain-based payment system that facilitates the real-time transfer of Diem stablecoins between approved network participants browsing”, called the Diem Payments Network. It said it was moving its headquarters from Switzerland to the US. Silvergate, a San Francisco-based bank, will become the exclusive issuer of Diem’s ​​stablecoin token and will manage the reserve, it said. “Our plans bring the project fully into the scope of US regulation and no longer require a license from Finma,” said Stuart Levey, chief executive officer of Diem and former chief legal officer of HSBC. “. “We are committed to creating a secure payment system for consumers and businesses, paying faster and cheaper, and taking advantage of blockchain technology to the benefit of the financial system. to more people around the world,” he added.