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Fiat money vs. cryptocurrencies – The clash of coins
When Bitcoin came out in 2009, it was perceived as the revolutionary currency that will slowly replace the fiat currency system we know. While now, over 10 years later, Bitcoin and other cryptocurrencies still have a long way to go until they become our number one payment method, debates over which system is better continue […] дальше »
2020-9-22 10:36 | |
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Brazil Working on Launching Central Bank Digital Currency (CBDC) by 2022
Coinspeaker Brazil Working on Launching Central Bank Digital Currency (CBDC) by 2022The Central Bank Digital Currency (CBDC) is the digital form of fiat. According to the president of Brazil's Central Bank, Central Bank Digital Currency (CBDC) may be integrated into the financial system by 2022. дальше »
2020-9-4 16:35 | |
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Nexo Lists Tron, Creating the First-Ever TRX-Backed Fiat Loans
The world’s leading regulated financial institution for digital assets, Nexo, has announced that it has partnered with Tron Foundation to list TRX in its system to provide the first-ever TRX-backed fiat loans. дальше »
2020-7-29 18:16 | |
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How a Fragile Monetary System Could Influence Bitcoin in the Coming Months
The economic events seen throughout 2020 have helped Bitcoin secure its position as both a currency and a store of value. To thwart the effects of immense economic turbulence resulting from the ongoing pandemic, central banks across the globe have been printing money at an unprecedented pace. дальше »
2020-7-9 05:00 | |
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Bitcoin's $1T market cap is 1% aggregated institutional investment away
Initially envisioned as a P2P electronic cash system, Bitcoin's narrative has changed over time, and now, the asset is primarily viewed as an inflationary hedge against various fiat currencies. Over tThe post Bitcoin's $1T market cap is 1% aggregated institutional investment away appeared first on AMBCrypto. дальше »
2020-6-25 17:00 | |
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When Fiat Currency Fails Us: Bridging the Gap with Crypto
Once again, the global financial system faces an uncertain future. This time, the vast majority of developed economies have shut down in response to a worldwide pandemic. And while the full economic impact of our collective lockdown has yet to materialize, the forecasts are dire. дальше »
2020-5-19 10:28 | |
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Visa will patent a cryptocurrency system to replace fiat money
The international company Visa International has filed a patent for a cryptocurrency system that can replace physical money. The new development uses blockchain technology, but at the same time interacts with central and commercial banks. дальше »
2020-5-17 19:12 | |
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“If you Can’t Fight it, Adopt it,” Visa Wins Patent for Digital Currency Protocol
International payments processor Visa won a patent describing a digital currency protocol on May 14. The system works on a private blockchain and uses native tokens to facilitate transactions. Good for Crypto? As Forbes reported, the Visa blockchain would feature native “digital dollars” and other central bank-issued fiat currencies. дальше »
2020-5-15 17:00 | |
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Billionaire Ray Dalio Says the Dollars Has Entered its Last Phase
An historic monetary event has occurred that marks the last phase of the fiat system with a return to hard money to be expected according to an analysis by Raymond... The post Billionaire Ray Dalio Says the Dollars Has Entered its Last Phase appeared first on Trustnodes. дальше »
2020-4-27 22:06 | |
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12 Platforms Allowing You to Trade Gift Cards With Cryptocurrencies
In an emergency situation like the current coronavirus pandemic, anything can turn into currency as the fiat system may experience cash shortages and devaluation. Cryptocurrency users have options to trade bitcoin beyond traditional money. дальше »
2020-3-19 13:15 | |
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2020 US Presidential Candidate Proposes Launch Of AmeriCoin Backed By ‘All’ Federal Assets
According to Kokesh, the proposed token will enable the American government to relinquish power back to the locals. The AP press release further wrote that AmeriCoin will develop a new monetary system that replaces the outdated and largely expensive fiat currency for the American people. дальше »
2020-3-13 20:41 | |
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Bitcoin Can Only Act As A Hedge Against A Loss Of Confidence In Fiat And Payment System: JPMorgan
According to JP Morgan Chase and Co. ’s 74-page report later this week states, the digital money will change the financial world. “2019 will be remembered for the rise of digital money,” the bank said in its report. дальше »
2020-2-24 22:15 | |
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Japanese Lawmakers Pushing for Digital Yen to Counter Chinese Digital Yuan
Coinspeaker Japanese Lawmakers Pushing for Digital Yen to Counter Chinese Digital YuanJapanese lawmakers are pushing for the adoption of the new CBDC system and the development of the digital yen in the next three years in order to counter the failing fiat currency system. дальше »
2020-2-11 20:57 | |
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Japanese Lawmakers Pushing for CBDC to Counter Failing Fiat Currency System
Coinspeaker Japanese Lawmakers Pushing for CBDC to Counter Failing Fiat Currency SystemJapanese lawmakers are pushing for the adoption of the new CBDC system and the development of the digital yen in the next three years in order to counter the failing fiat currency system. дальше »
2020-2-10 20:57 | |
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Bitcoin Hedge Narrative Strengthens as Fed Plans More Fiat Injection
Bitcoin can still be a hedge against failing fiat. This is especially true in the face of the latest fiat injection plans put forward by the Fed. FED to Inject Double Crypto Market Cap by Year-End The US central bank is ramping up is repo operation efforts with billions more planned to enter the financial system before the end of the year. дальше »
2019-12-17 19:34 | |
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Africa’s First Stablecoin is based on Nigerian Naira & Built on Binance Chain
The very first stablecoin of Africa is backed by Naira, the fiat currency of Nigeria and it will be built on Binance Chain, the blockchain software system developed by the leading cryptocurrency exchange Binance. дальше »
2019-12-14 18:08 | |
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Klarna and Sofort Becoming Names to Know in Cryptocurrency Circles
The primary aim of Bitcoin when it was first created was to replace all fiat currencies with the peer-to-peer payment system supported by its blockchain. Since the release of the original cryptocurrency, the original use of the digital coins has become somewhat muddled amidst the interest in the ocean of cryptocurrencies as investment opportunities. дальше »
2019-12-10 19:06 | |
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Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money
Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies. дальше »
2019-12-8 18:01 | |
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Deutsche Bank: crypto could replace fiat and “soar” by 2030
Deutsche Bank (DB) believes cryptocurrencies could replace fiat by 2030 as the “forces that hold the fiat money system together” begin to unravel. The bombshell was dropped in a report Thursday by the 149-year-old bank, which is Germany’s largest, and comes a week after news broke that Germany will likely allow financial institutions to deal […] The post Deutsche Bank: crypto could replace fiat and “soar” by 2030 appeared first on CryptoSlate. дальше »
2019-12-6 11:00 | |
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2000 Bitcoin Hodlers Control 40% of Circulation; Stacking Sats Is More Important Now Than Ever
The Bitcoin ownership and distribution are still circulating among few, despite Satoshi Nakamoto designing the crypto coin to be used by everyone. The destitution of the cryptocurrency is still like the distribution system of the Fiat money. дальше »
2019-11-21 18:29 | |
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Alibaba turns away from crypto
The Alibaba Group has officially announced that it does not support cryptocurrency payments. It seems that Alibaba is turning away from crypto following the global IT giants. Earlier, Apple and Google announced that they will develop electronic payment systems on the base of fiat finance. дальше »
2019-11-19 14:10 | |
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Ripple Vs. PayPal Supporters Spark Debate on Twitter
Twitter community members are arguing about which international payment system is better – Ripple or PayPal. Is Ripple Slower than PayPal? The argument started with a tweet from Tony Vays, a derivatives traders and host of a crypto-related podcast and dedicated events. дальше »
2019-11-13 18:51 | |
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Is Ethereum DeFi the Answer to the Global Debt Crisis?
The economic and financial news this year has been grim to say the least. As central banks battle to keep their monetary systems afloat, global debt is skyrocketing to an unsustainable level. A massive paradigm shift is needed and Ethereum could be part of it. дальше »
2019-11-12 13:00 | |
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Bitcoin's demand seems stronger with every weakening fiat
When Satoshi Nakamoto penned the Bitcoin whitepaper 11 years ago, almost to the day, the goal was clear: Replace the existing centralized financial system with a currency of logic, not power. TraditioThe post Bitcoin's demand seems stronger with every weakening fiat appeared first on AMBCrypto. дальше »
2019-11-1 17:00 | |
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XRP Is 10 Times Safer Than Fiat for Intl Payments – Ripple
According to Ripple, XRP is 1/10th as volatile as fiat for cross-border payments. The current SWIFT system is so slow it exacerbates international payment risk. XRP payments clear so fast that the exchange rate risk is negligible. дальше »
2019-11-1 03:30 | |
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Bitcoin’s Edge Over Fiat Underscored by Lebanon’s Empty ATMs
Lingering political unrest rendered millions of Lebanese nationals unable to access their own money deposited with banks for the seventh consecutive day on Wednesday, highlighting once again how Bitcoin can serve as an alternative financial system. дальше »
2019-10-24 07:24 | |
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Libra Could Drop ‘Basket’ and Issue Individual Fiat Stablecoins
Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate. дальше »
2019-10-21 12:30 | |
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Bank of Canada to Fight Crypto with Own Digital Currency
The Bank of Canada (BoC) is thinking about developing a digital currency that would eventually replace fiat money completely, according to local media platform The Logic. Govt-Backed Digital Currency for More Control Bitcoin came out more than a decade ago as a decentralized, peer-to-peer currency system that enabled privacy and bypassed government control. дальше »
2019-10-17 15:00 | |
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World Will Need Gold In Case of an Economic Meltdown, Dutch Central Bank Affirms
In case the financial world faces a total collapse, gold will become more important than fiat currencies, at least that is what the Dutch Central Bank affirmed recently. The bank has also affirmed that gold is the trust anchor of the financial system and that it can be used as collateral for starting over. Several […] дальше »
2019-10-15 01:36 | |
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Dutch Central Bank: World Will Need Gold if Entire System Collapses
Crypto-skeptic Dutch central bank admits gold superiority to fiat money
дальше »2019-10-15 10:09 | |
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IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR
Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD. дальше »
2019-10-14 08:00 | |
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Bankers Start Turning on Fiat, Making Bitcoin a More Attractive Alternative
Many cryptocurrency maximalists are viewing signs of a possible economic recession as the potential foot in the door for a decentralized financial system, such as Bitcoin, to take root. Across the world, there are more and more indications that a global economic recession may be looming, as BeInCrypto has reported on. дальше »
2019-10-9 02:18 | |
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Unlike Bitcoin, illusions (fiat currency) are limited in amount by external characteristics, claims Trace Mayer
Keeping the buzz alive across the crypto-ecosystem, prominent crypto-enthusiast Trace Mayer featured on Peter McCormack’s podcast to discuss “monetary sovereignty” and its relation with Bitcoin. дальше »
2019-10-2 12:00 | |
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PBOC’s Cryptocurrency is Meant to Complement China’s Current Fiat
Coinspeaker PBOC’s Cryptocurrency is Meant to Complement China’s Current FiatPeople’s Bank of China (PBOC) central bank digital currency (CBDC) will allegedly be backed 1:1 by renminbi fiat as well as follow a two-tiered structured system with the bank, commercial banks, and retail market participants. дальше »
2019-8-31 09:03 | |
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New Binance Report on China’s Digital Currency Says It Will Be Two-Tiered And Replace Cash
One of the largest crypto exchanges of the world, Binance, has recently commented on China’s alleged plans to create its own digital currency. According to the exchange, the new token will most likely be a two-tiered system that will be used to replace all fiat currency currently in circulation in the largest nation of the […] дальше »
2019-8-30 01:22 | |
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Binance Issues Report On PBoC's Digital Currency
A research report from crypto exchange Binance has claimed that the digital currency being developed by the People's Bank of China (PBoC) will be backed one-to-one by fiat, replace notes and coins in circulation, and operate on a two-tiered system. дальше »
2019-8-30 23:45 | |
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Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached
One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks for the industry and further open […] The post Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached appeared first on Bitcoin News. дальше »
2019-8-28 23:00 | |
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Gemini exchange welcomes David Damato as new Chief Security Officer
Amid the ongoing race to beat the fiat system, the crypto ecosystem is on the constant drive to include the most promising innovators in their arsenal. In this regard, Gemini, a leading cryptocurrency exchange and custodian, announced on August 19 that David Damato joined the company as the new Chief Security Officer (CSO). дальше »
2019-8-19 17:16 | |
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Only Bitcoin-inclusive investment portfolio can endure financial collapse, suggests Grayscale report
The payment system, although permanent to our society, has witnessed a change in the definition of assets and its providers. Same can be said for today’s fiat industry that is currently being challenged by the era of cryptocurrency. дальше »
2019-8-12 21:39 | |
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Bitcoin Will Annihilate the Dollar, and Alex Jones Is Terrified
Alex Jones was in full agreement with the Bitcoin crowd for about five seconds this week, when he proclaimed the slow death of fiat currencies. However, in the next breath, he warned that the replacement for the inflated fiat corpse would be something even more terrifying: a “blockchain or Bitcoin-style system” run by the globalists. дальше »
2019-7-24 22:50 | |
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AIGO Protocol ICO
At present, there are many obstacles that prevent the purchase of goods with cryptocurrency if the holder does not convert to fiat currency. Adopting many crypto payment networks such as AIGO-Payment can result in cryptocurrency holders being able to transact directly with traders without having to go through additional banking layers. дальше »
2019-7-6 10:33 | |
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