Alternatives Like Bitcoin Becoming Necessary as World Debt Reaches Record $253 Trillion

Our debt-ridden world economy continues to stack up more IOUs. According to recent estimates, the global debt is now around $253 trillion or 322% of GDP — a record high that Bitcoin is wagging its finger at.

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Buffett Indicator Crosses Danger Zone for Global Stock Market

The last time global stock values were this high relative to global GDP was 2007. The World Bank just warned of an unprecedented debt bubble. The post Buffett Indicator Crosses Danger Zone for Global Stock Market appeared first on CCN.com

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Bitcoin Could Rescue Developing Countries Facing Massive Debt Burdens

Global debt has reached unprecedented levels this year. The International Monetary Fund (IMF) has reported that debt has surged to $88 trillion—230 percent of global GDP. The news is harrowing, given previous large-scale debt cycles.

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Dow Futures Edge Nervously Amid Fears of First Recession Since 2009

Dow Jones Industrial Average (DJIA) futures traded marginally lower on Friday, pointing toward a skittish opening for the stock market as weak Chinese GDP numbers stoked fears of a global recession.

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Bitcoin Still a Safe Haven as Global Economic Storm Brews

Notwithstanding the Friday dump which has just sent bitcoin price back below $8k, the global economy is in a bigger mess and is set to deteriorate even further. Central banks are pumping cash back into their systems, interest rates are going negative, and GDP figures are falling.

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Bitcoin Price: More Dependent On The US Economy Than We Thought?

Bitcoin emerged from the ashes of the global financial crisis, with the genesis block created in January, 2009. The American economy emerged from the same ashes around the same time, with GDP soaring immediately following the GFC and continuing to deliver a historically long period of expansion.

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Connecting Cash to the Internet Using Stablecoins

Most often overlooked in the fintech space is the world’s most scalable and private payment system: cash. It is used in every country around the world and despite its much exaggerated demise, according to the G4S Global Cash Report 2018, cash circulation has risen to 9.

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Bitcoin Will Move 25-30X Faster Up Than Gold: Max Keiser

Bitcoin bull, Max Keiser believes rising global debt will see far greater capital flow into BTC than traditional haven assets like gold. Smart Money Flowing into Bitcoin Tweeting on Monday (July 8, 2019), Keiser identified the brewing global financial crisis with debt piled up to more than 400% of GDP.

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Why Decentralized Finance Will Change The Global Economic Landscape

In recent years, the world economy has made incredible strides: access to technology is steadily increasing, Gross Domestic Product (GDP) is at its highest point since 2015, and unemployment is at a four-decade low.

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Bitcoin Analyst Shares Mid-Term Bullish Continuation Reasons, Abra CEO on BTC Value vs Global GDP

The leading cryptocurrency is currently trading 80 percent above the yearly low from December 2018. In addition, so far in 2019 bitcoin has surged more than 54 percent. At the time of writing, BTC/USD has been trading at $5,800 on Bitstamp with 24-hours losses of 0.

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Bitcoin [BTC] relative weighting can be measured against Global GDP, claims Bill Barhydt

In a recent interview/discussion with Bill Barhydt, the CEO of Abra, Tim and Adam Draper, the Father-Son Venture Capitalists, discussed their experiences with Bitcoin [BTC] and where it was heading for.

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Dow Slumps But Key Stock Eyes Thanos-Sized Boost from Avengers: Endgame

By CCN: The Dow slumped into Friday’s trading session, as the stock market failed to push even further into record territory. However, key DJIA component Disney could receive a Thanos-sized boost from “Avengers: Endgame,” which is already smashing records and could target a $1 billion global opening.

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Blockchain Technology, Evolution of Supply Chain Strategies, and VOLUM

CryptoNinjas Today, supply chain structures subsume nearly 70% of global GDP (about $54 trillion globally) and employ the majority of the world’s workers. Coordination is really just the act of exchanging efficiencies, which necessarily results in a compounding.

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Evolution of Web-based Payments: BUTTON Wallet Simplifies Web 3.0’s Crypto

By: Mike Rogers, CPA Founder of Millennials in Blockchain Global digital transaction volume is projected to surpass $6 trillion by 2022; upon reaching this milestone, international e-commerce will exceed the gross domestic product (GDP) of Japan.

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High-Rolling US Consumers Rescue Dow from Trade Hurricane

U. S. consumers are, more than ever, the envy of the world. While the global economy grapples with slow growth, U. S. consumer spending has prevented it from teetering on the cusp of collapse and may have single-handedly saved the Dow Jones Industrial Average in the process.

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Anchor stablecoin and non-flationary financial index launches test net

CryptoNinjas Anchor, a stablecoin pegged to the global GDP that aims to preserve value while hedging inflation and market volatility, has rolled out public testing for its platform. Anchor is showcasing both its public platform and Validators’ dashboard as major steps towards its private token presale set.

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Anchor Reveals GDP-Pegged Stablecoin On Ethereum And Stellar

A new algorithmic stablecoin, pegged to global GDP, is now open for public testing. Anchor, a new stablecoin provider, will allow users to trial its interface as well as create wallets for Ethereum and Stellar-based cryptocurrencies.

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Cisco Blockchain Report: DLT Market to $10 Billion in 2 Years, 10% Global GDP Stored On-Chain in 8 Years

Cryptocurrencies and blockchain have been expanding all over the world. Indeed, these technologies can keep growing in the future. According to one of the largest tech conglomerates in the world, Cisco, blockchain could reach 10 percent of the world’s GDP as soon as 2027.

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Bitcoin Price and Crypto Markets Sunk, but Global Debt is Growing and Hits a New All-Time High

Global debt is growing at a very fast pace. It is currently approaching $244 trillion. Government debt has reached around 80% of the global GDP and private debt continues to grow as well, making things even worse.

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Why a Global Recession Would Be Good for Bitcoin

Macro trends suggest that a global economic crisis could be looming. Worries about a global recession have been fed by the newly published GDP report showing that China grew at its slowest rate last year since 1990.

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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive

As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.

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Fundstrat Investor Survey Concludes Bitcoin would Boom During a Global Recession

Fundstrat Survey Says Investors Believe Cryptocurrencies Would Rise During a Recession During recession growth rates start to fall all over the world. In order to be considered a recession, it needs to have two consecutive quarters of falling GDP.

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Brave CEO Pens Letter to Senate Committee Asking for GDPR-Like Privacy Regulation

Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States.

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Six.network is Aiming to Reinvent the Digital and Creative Economies

In 2016, the entire digital economy contributed 15. 5 per cent of total global GDP, or $11. 5 trillion. This was mainly driven by the increasing usage of a consumer-driven Internet. By 2025, that figure is expected to reach $23 trillion, or 24.

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Natmin Pure Escrow to disrupt the Escrow Industry

It is estimated that cybercrime may cost the world $600 billion in 2018 (0.8% of global GDP), and predicted that this figure will rise to $6 trillion annually by 2021, a truly chilling figure. Online fraud and Cybercrime are only going to increase; something needs to be done to help make people feel safe online […] The post Natmin Pure Escrow to disrupt the Escrow Industry appeared first on ZyCrypto.

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What is Nucleus Vision?

The retail sector accounts for about 31% of global GDP in the world. In the USA, consumer spending in…

The post What is Nucleus Vision? appeared first on Invest In Blockchain.

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Global Debt Rises to 300% of Global GDP

The world is deep in debt according to a report by the Institute of International Finance (IIF) released this July. They say: “Global debt rose by over $8 trillion in... The post Global Debt Rises to 300% of Global GDP appeared first on Trustnodes.

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PR: Noah Project Partners with Dakak Beach Resort

The travel industry is considered as the fastest-growing economic sector in the world. According to the report of the UNWTO (World Tourism Organization), it provides about 10% of the global GDP and 30% of total export of services.

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Can Research And Impact Initiatives Catalyze Blockchain Mainstreaming?

Article By David Drake, Founder and Chairman of LDJ Capital. Full bio at the bottom Global spending on research and development has reached $1.7 trillion. 80% of this amount was spent by only 10 countries, the highest being the United States, followed by China and Japan in terms of percentage GDP. Get The Timeless Reading […]

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