2021-3-16 13:24 |
Prominent Bitcoiner Max Keiser believes that later this year Bitcoin may hit $220,000 if fiat money continues its hyperinflation collapse against BTC origin »
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Fiat money is tender not backed by a tangible asset or commodity like gold. It’s usually mandated by governments & leads to corrosive effects on society.
2023-7-28 17:07 | |
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Fiat money is tender not backed by a tangible asset or commodity like gold. It’s usually mandated by governments & leads to corrosive effects on society.
2023-7-28 17:07 | |
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Fiat money leads to a degradation of incentives, creating a society motivated only by the consumption of resources and zero value production.
2022-11-18 21:39 | |
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A new report by the World Gold Council shows that there is global demand for harder forms of money than fiat currencies. Such demand points to a bright future for Bitcoin given that it represents an even harder form of money than the precious metal.
2019-11-14 04:00 | |
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Fiat money has a surprisingly short lifespan. The almighty U. S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived.
2019-10-23 17:45 | |
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Recent research published by Messari revealed that bitcoin (BTC) is not at all the financial threat that some critics claim. Messari said that they performed the research in response to recent remarks by U.
2019-7-22 21:30 | |
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Central Bank of Chile states cryptocurrencies will not substitute fiat money unless they get a comprehensible legal framework
2019-2-13 01:30 | |
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A California-based engineer lost the entirety of his life savings after using QuadrigaCX’s cryptocurrency exchange for remittance. Tong Zou, 30, said in an interview to Bloomberg that he had opened a withdrawal request at QuadrigaCX in October 2018.
2019-2-10 16:50 | |
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“Investing in stocks can be a daunting, complex and decidedly exclusionary activity,” says Bill Barhydt, Abra's CEO. To that end, his company’s mobile cryptocurrency wallet app has announced a new feature which will allow investors to purchase traditional stocks using bitcoin.
2019-2-8 02:05 | |
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The head of VTB Bank, a major Russian financial institution that sees the government as its majority shareholder, has compared bitcoin mining with counterfeiting. Andrei Kostin, who serves as the president and the chairman of the management board of VTB Bank, said Monday during an event that any person who prints digital money to replace Russian Ruble was counterfeiting the state-backed fiat.
2019-2-6 10:15 | |
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India has been at loggerheads with cryptocurrency for a long time for many reasons ranging from money laundering, terror financing among others. However, the true reason behind the fight may be the fear of bitcoin or any other cryptocurrency taking over the Rupee, the country’s traditional fiat currency.
2019-2-4 13:32 | |
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Two “prominent professional hacking groups” are responsible for the majority of publicly reported hacks of cryptocurrency exchanges and other cryptocurrency organizations, concludes a report published by blockchain data analytics firm Chainalysis this week.
2019-2-2 01:45 | |
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Binance has finally joined the fiat-on-ramp party, adding support for crypto purchases using credit cards. This is made possible through its integration with payment processor Simplex, according to a press release shared with Bitcoin Magazine.
2019-2-1 20:59 | |
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CoinSpeaker MGO Token Beats Fiat Money as Currency of Choice on Xsolla Platform Thanks to its ease of use, MGO tokens are gaining extreme popularity among game developers and publishers on the Xsolla platform.
2019-2-1 12:58 | |
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Our vision is to make crypto-shopping, possible for everyone everywhere. While the demand for attractive and innovative payment options with crypto currencies con¬tinues to rise, there are no real impulses on the provider side for applications of crypto cur¬rencies.
2019-1-30 17:36 | |
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Our vision is to make crypto-shopping, short „crypping“, possible for everyone everywhere. While the demand for attractive and innovative payment options with crypto currencies con¬tinues to rise, there are no real impulses on the provider side for applications of crypto cur¬rencies.
2019-1-30 02:33 | |
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Hong Kong dollar is the latest fiat currency to get its own stablecoin, developed by money transfer platform Bitspark
2019-1-30 15:20 | |
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Wibx is the utility token that will revolutionize the exchange relationships between brands and consumers, transforming social networks users into digital influencers. Wibx is the native token and the mean of exchange of the WiBOO platform, a sophisticated and well-structured ecosystem that offers new perspectives for the conventional marketing strategy models, such as sales activation and customer loyalty, using the blockchain technology and artificial intelligence (AI).
2019-1-29 07:03 | |
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Our vision is to make crypto-shopping, short „crypping“, possible for everyone everywhere. While the demand for attractive and innovative payment options with crypto currencies con¬tinues to rise, there are no real impulses on the provider side for applications of crypto cur¬rencies.
2019-1-29 07:03 | |
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Our current economic system can be compared to a merry-go-round that has us consuming, trapped in debt and spending as quickly as we earn. What is fiat currency? Why do we use it and who controls it? And how does it compare to gold and bitcoin? It is worth going back to basics, to better understand […] The post Back to Basics: What Is Money? appeared first on Bitcoin News.
2019-1-29 23:00 | |
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With the 10th anniversary of Bitcoin’s launch under the industry’s belt, it’s hard to believe how far the space has traveled in that time. Bitcoin Magazine has asked a number of long-time members of the space to reflect on their experiences, and published author Simon Dixon spoke with us about some of his observations over the years.
2019-1-26 01:44 | |
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According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act.
2019-1-24 20:28 | |
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For bitcoin idealists, the coming utopia for global finance stars bitcoin dismantling the fiat hegemony, empowering citizens to own their money without central bank mediation, and facilitating borderless trade.
2019-1-23 15:25 | |
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Falcon Private Bank, a Zurich-based bank has announced the launch of its cryptocurrency wallet aimed at making it easier for individuals and institutional investors to seamlessly store or exchange their cryptoassets for fiat money, according to a press release on January 21, 2019.
2019-1-22 14:44 | |
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A settlements platform has unveiled a new scheme to encourage cross-border transactions. Hong Kong-based Bitspark announced earlier today that users of their payments network will be rewarded in Zephyr (ZEPH) tokens every time they send an international fiat transaction.
2019-1-22 23:32 | |
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This is the fourth instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 , on Day 2 and on Day 3.
2019-1-19 00:10 | |
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Platon Finance is the world’s first insured crypto-financial ecosystem that operates on the Ethereum blockchain. The project connects the fiat money market with modern virtual currencies through its own ERC-20 token known as PlatonCoin.
2019-1-18 01:28 | |
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Bitcoin Is Infantile, But It’s Revolutionary Nonetheless Jeff Berwick, the so-called Dollar Vigilante (a skeptic of the U. S. fiat system), recently sat down with BlockTV, an up-and-coming crypto-centric media outlet, to discuss his optimistic outlook on Bitcoin (BTC).
2019-1-10 02:00 | |
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The Texas Department of Banking has published new guidance regarding the regulatory treatment of virtual currencies under the Texas Money Services Act. The document states that most transactions involving cryptocurrencies will not be considered a transfer of “monetary value” but the exchange of virtual currencies for fiat will likely be recognized as a “money transmission.
2019-1-5 21:00 | |
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CoinSpeaker DX. Exchange to Let Its Clients Purchase Tokens Backed by Real Stocks of Major Firms DX. Exchange opens a gateway for investors willing to buy NASDAQ-listed real-world stocks in a form of tokens for both fiat money and cryptocurrency.
2019-1-4 22:04 | |
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October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency.
2019-1-3 07:14 | |
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For a markedly bearish year, 2018 turns out to have been pretty good for the spread of cryptocurrency teller machines. The number of bitcoin ATMs around the world has approximately doubled in the past 12 months.
2018-12-22 09:50 | |
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Kik might not be the only messaging app to support cryptocurrency payments if Facebook’s latest dream comes true. According to people close with the matter, the social media behemoth is looking to develop a cryptocurrency that enables WhatsApp users to transfer money to each other, reports Bloomberg.
2018-12-21 11:29 | |
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Earlier this year, in February, Venezuela has finally gone through with the launch of their national cryptocurrency, Petro. The coin was said to be the means of dealing with hyperinflation, as their native fiat currency, the bolivar, continues to lose its value almost constantly.
2018-12-19 19:40 | |
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There are those who argue that cryptocurrency does not any inherent value, but the counter to that is that paper money is valueless as well. The latter argument may not be viable though, especially because fiat currencies are “backed” by the government.
2018-12-14 20:45 | |
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Reports coming out for Venezuela suggest that the government is now forcibly converting pensions from fiat to Petro, without the consent of their citizens. The Caracas Chronicles, which reports on Venezuelan issues in the English language, stated that On December 7, they [pensioners] got two messages and it seemed like the money for the pension […] The post Venezuela Continues to Drive the Petro Despite Ongoing Controversy appeared first on ZyCrypto.
2018-12-14 12:01 | |
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INTRODUCTION We want to build an exchange website known as Bittrader where many coins will be listed and the main pair will be the TRD Coin. Similar to Binance, some of the notable features of Bittrader include strong security, privacy, and untraceable features.
2018-12-11 09:03 | |
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A Melbourne-based company is now offering crypto-backed loans. Helio operates under an Australian Credit License (ACL) issued by the Australian Securities and Investments Commission (ASIC). In the current bear market, cryptocurrency holders can borrow fiat money and keep their digital coins for better times.
2018-12-9 05:30 | |
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Reported suspicious crypto transactions soared in the first 10 months of 2018, but fiat is still vastly more popular in money laundering.
2018-12-6 14:02 | |
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Bitcoin had a steady start as a medium of exchange and has slowly begun challenging the hundreds of decades-old fiat money system. Businesses are now moving towards developing systems which could aid the further adoption of the pioneer cryptocurrency over fiat.
2018-12-5 02:00 | |
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If you bought $100 worth of bitcoin on December 3rd last year, you would sit on a “pile of money” worth $34. Similar story is with all other top coins with one exception – the “bankers” coin XRP is the only one that outperformed fiat and with $100 invested, you would now have $137.
2018-12-4 19:01 | |
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The Paris protests have a lot more to do with Bitcoin than you think. Why? Because the root cause is not tax hikes, but unchecked money printing that erodes citizens’ savings and purchasing power.
2018-12-4 16:00 | |
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Global leaders walked away from the latest G20 Summit with a rough game plan for crypto regulation. This year’s G20 Summit took place in Buenos Aires, Argentina, from November 30 to December 1.
2018-12-4 23:44 | |
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For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront.
2018-12-3 19:20 | |
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Experts are beginning to doubt the value of Ripple XRP as a cryptocurrency. Their argument is based on the fact that Ripple xRapid shared ledger, enables banks to transfer funds in both fiat and other cryptocurrencies.
2018-11-30 23:05 | |
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Mexican startup Airtm will launch a campaign to raise donations for Venezuelans, a country whose poor monetary policies have plagued it with hyperinflation. Called the AirdropVenezuela.
2018-11-28 19:29 | |
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Bitcoin is having a rough time lately, having been lost more than 80% of its total market cap this year. But the decline has not discouraged Tim Draper from putting his confidence in the crypto technology.
2018-11-27 18:00 | |
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After the collapse of 90% of annual highs, the market rebounded. But for how long? And what was that? And most importantly – what will happen? Some facts and reasoning are given in Part 1. It was promised 3 + 1 versions.
2018-11-23 01:36 | |
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The attestation report made by Grant Thornton US has verified Circle’s claims that more than 127.4 million USDC coins in circulation were backed by the same amount of fiat money in custody accounts.
2018-11-22 20:07 | |
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