Top-5 Week-In-Review Newconomy Articles Happy New Year 2019 Edition

Happy New Year! This is an especially important Top-5 list post this week because we know from the traffic stats that all y’all took off a nice healthy Holiday. Welcome back and here’s what you missed!

1) Will Petro Survive The Crypto Hype Or Fade Away Silently?
Will Petro Survive The Crypto Hype Or Fade Away Silently?

Petromoneda, the official Venezuelan cryptocurrency, has yet to establish its credibility as an alternative currency system despite its hyped launch in February 2018. This crypto coin is raised against oil reserves owned by the nation and was launched to overcome continued economic crisis involving hyperinflation of the domestic fiat – Bolivar, apart from escaping sanctions. For Venezuela, it is critical that Petro becomes a mainstream payment system domestically and eventually become standard currency for international oil transactions. Read More…

2) The Number of People in China Willing to Invest in Bitcoin is Surging
The Number of People in China Willing to Invest in Bitcoin is Surging

The most recent survey in China shows that the number of people willing to invest in Bitcoin and cryptocurrencies is rising, according to Forbes. The survey has been carried out by the blockchain company PANews. One of the key findings shows that 40% of 4,200 respondents have said they are willing to invest in bitcoin or other cryptocurrencies in the future. Moreover, around half of the surveyed participants said they had at least heard the terms “cryptocurrency”, “bitcoin” and “digital currency”. Read More…

3) 3 Reasons Why Facebooks’ Facecoin (FC) Hype Will Not Excite The Crypto Space
3 Reasons Why Facebooks’ Facecoin (FC) Hype Will Not Excite The Crypto Space

After dominating the social network space since its entry into the market, Facebook has become the choice of most social network goers. The entry of Facecoin (FC) into the crypto sphere is not a surefire way of gaining acceptance among digital money enthusiasts. The Facebook coin could be a noble idea but comes at a time when there other crypto outfits that are already monetizing social media content. With Facebook user confidence on the lowest ebb, many users are turning to platforms that value their online activity and this has seen the number of active users on the social network on the decline. Here are some reasons why Facebook blockchain inversion is not a walk in the park. Read More…

3) The Most Hyped Cryptocurrency Projects In 2018
The Most Hyped Cryptocurrency Projects In 2018

Certain cryptocurrency projects gain traction early in their developmental timeline. Hype is important as it can give a coin much-needed wind in the sails. As a matter of fact, the success of an ICO is all about a project’s reputation or in more endearing terms; hype. Still, the output in an ICO is not necessarily indicative of how a coin’s long-term future prospects. The following projects caught the crypto world buzzing this year. Read More…

4) Security Token Offerings (STOs) Offer All The Best Traits of ICOs and IPOs Minus All the Worst
Security Token Offerings (STOs) Offer All The Best Traits of ICOs and IPOs Minus All the Worst

Folks are rightly skeptical of the new kid on town, the Security Token and the Security Token Offering (STO). While nobody seems to want to be associated with ICOs anymore (perceived rampant fraud and bad government attention have gutted the ICO’s reputation and made both entrepreneurs and investors skittish), people are addicted to the quick, unrestricted, and unaccountable fortunes that were raised by companies for projects since it caught fire back in 2014. Read More…

5) Bitcoin is Dead—Long Live Bitcoin!
Bitcoin is Dead—Long Live Bitcoin!

In the New York Times today, Nellie Bowles calls death on the seminal cryptocoin, Bitcoin, and even its disruptive and revolutionary backbone, the Blockchain. Not only are people calling Bitcoin “dead man walking” but in the last couple weeks people have been calling Bitcoin “dead cat bouncing” as well. Nellie said that it all started out with a bang so virile (viral) that it resulted in a “Cambrian explosion;” however, in this case, Bitcoin’s Cambrian Era lasted only months this past year instead of “approximately 541 million years ago” and lasting “for about 20–25 million years.” Read More…

Bonus: Top-18 Newconomy Articles of 2018 and Happy 2019 New Year
Top-18 Newconomy Articles of 2018 and Happy 2019 New Year

Since we launched on September 10th, we’ve published over a thousand exciting and original cryptocurrency and blockchain-related, some have become rather popular. I thought I would collect the top-18 articles on Newconomy.media since launch for you in one place. Since we only started around four months ago from a full stop into a full sprint, I just assume that you’ve might have missed some of our best and most popular posts. Read More…