Beyond Meat: This Stock Bubble Could Mirror the Bitcoin Crash

Beyond Meat: This Stock Bubble Could Mirror the Bitcoin Crash 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: Beyond Meat (BYND) is Wall Street’s newest darling. After its stock rallied 168% in the best IPO in a decade, the vegan burger maker continues to impress while the rest of the Nasdaq suffers heavy losses. There is an unfortunate truth beneath all of this hype, and to explain it we need to look no further than the Bitcoin bubble. Deja Vu: Beyond Meat Feels Uncomfortably Like Bitcoin in 2017 Beyond Meat stock (BYND) soared on Tuesday even as the stock market plunged. | Source: Google Finance When…

Chinese Authorities Probably Want to Exploit Blockchain to Monitor Citizens

Chinese Authorities Probably Want to Exploit Blockchain to Monitor Citizens 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN.com: In modern times, China has worked to consolidate state power over individuals. Local authorities are trialing systems to control peoples’ social standing, access to jobs, and even where they can go. Until now, one refuge for its citizens has been in the wooliness of time; not even the all-powerful Communist party can always measure where people go, when, and what they do. But, with a state-mandated blockchain, this could begin to change. Those inside China will be aware of the fate that awaits Bitcoin and other major cryptocurrencies;…