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Ohio becomes latest state to propose Bitcoin treasury to protect funds from US dollar devaluation

Ohio lawmaker Derek Merrin introduced a groundbreaking bill to establish a Strategic Bitcoin Reserve within the state treasury, according to a Dec. 17 statement. The proposed legislation, known as the Ohio Bitcoin Reserve Act, seeks to empower the state treasurer with the authority to invest in Bitcoin, aligning with the growing trend of adopting it […] The post Ohio becomes latest state to propose Bitcoin treasury to protect funds from US dollar devaluation appeared first on CryptoSlate. дальше »

2024-12-18 16:40


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Hallelujah! US Senator Grateful For Bitcoin As US Debt Likely To Cause Dollar Devaluation

Senator Cynthia Lummis (R.) on Sunday, expressed unreserved gratitude to God for the gift of Bitcoin in the face of the US impending monetary debt crisis. The six-year senator who has remained an unwavering proponent of Bitcoin was quoted as saying: “One of the reasons I became so interested in digital currencies, in non-fiat currencies, […] дальше »

2021-10-19 22:59


Remittance and Fiat Devaluation Drives 1200% Growth in Africa’s Crypto Market: Chainalysis Report

Africa, the smallest crypto-economy, which received $105.6 billion worth of cryptocurrency between July 2020 and June 2021, saw a growth of more than 1200% by value received in the last year. According to a report by Chainalysis, the region is seeing some of the highest grassroots adoption in the world, with Kenya, Nigeria, South Africa, […] The post Remittance and Fiat Devaluation Drives 1200% Growth in Africa’s Crypto Market: Chainalysis Report first appeared on BitcoinExchangeGuide. дальше »

2021-9-16 22:26


Argentines Are Now Getting into Bitcoin Mining Thanks to Subsidized Electricity

As people look for a hedge against currency devaluation, inflation, and defaults, the value of Bitcoin surges to almost 5.9 million pesos compared to the 3.4 million pesos official rate. The post Argentines Are Now Getting into Bitcoin Mining Thanks to Subsidized Electricity first appeared on BitcoinExchangeGuide. дальше »

2021-6-2 21:35