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Major U.S. City Mayor Advocates Bitcoin As A Fix For Inflation
U. S. City Mayor Scott Conger recently posted on Twitter his belief that Bitcoin will fix inflation. His tweet which called out the U. S. federal government consisted of a couple of questions for the government regarding inflation. дальше »
2021-7-17 02:00 | |
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Why Does Bitcoin Turn Bearish as Inflation Spike?
Bitcoin price once again tested the $33,000 level but failed – the biggest cryptocurrency by market cap is now hovering at $32,500 and well below the 55 simple moving average (4-hours). Meanwhile, the stock markets continue to make new highs and the United States economy makes a remarkable recovery, with the latest government data showing […] дальше »
2021-7-17 16:42 | |
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Former U.S. congressman Ron Paul says legalize Bitcoin and ‘let it compete with dollar’
Ron Paul, former 12-term US Congressman from Texas, warned about the intricacies of the current inflation and the government’s crackdown on crypto in an interview for Kitco News. The post Former U. дальше »
2021-6-4 22:00 | |
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First Bitcoin, now Ethereum: What you need to know when dealing with inflation concerns
"We are printing money, we are creating government bonds, we are borrowing on unprecedented scales. Those are things that surely create more of a risk of a sharp dollar decline than we had before". дальше »
2021-5-27 20:00 | |
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This Bitcoin Rally Is Much ‘Quieter’ than Previous Cycles
Bitcoin was on the rise before the start of the pandemic, but these global issues, mixed with government inflation from a variety of governments across the world, highlights the necessity of a decentralized and deflationary currency like BTC. дальше »
2020-12-9 10:22 | |
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Iran Adopts Bitcoin for International Trade Amid Heavy Sanctions, Falling Rial, Soaring Inflation
The Iranian government has adopted bitcoin for international trade as the country’s economic crisis deepens, with rising Covid-19 cases, depreciating rial, and intensifying sanctions imposed by the U. дальше »
2020-11-7 04:30 | |
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Enough is enough: Dubious U.S. regulations force Ripple to migrate to Europe
Ripple XRP has become a hot topic amid the inflation period. This time it isn’t the U. S. Government, it’s the Co-Founder of Ripple passing his remarks on the U. S. regulations. As it seems, Chris Larsen is sick of the dubious regulations that the U. дальше »
2020-10-11 16:03 | |
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Inflation Hit Ethiopia Demonetizes Currency To Curb Cash Hoarding
The Ethiopian government has unveiled a new set of banknotes that are expected to help authorities in curbing cash hoarding, illegal trade and illicit financial flows. The move is also aimed at boosting the liquidity of banks that are struggling to cope with Ethiopia’s cash-based economy. дальше »
2020-9-18 00:15 | |
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$6 Billion Akon City Underway: Akon Says Cryptocurrency Will Empower Africans
The construction of Akon City, the $6 billion futuristic city that will function solely on the akoin cryptocurrency, is underway. Akon says cryptocurrency will empower Africans to overcome hurdles, such as high inflation and government corruption. дальше »
2020-8-17 22:30 | |
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Inflation Is About To Hit The Roof And Bitcoin Is The Only Long-Term Hedge, Says BTC Whale Tyler Winklevoss
The world economy is in shambles. Governments, especially the US government, are printing billions in fiat money every other month. With this going on, fiat currency is going to lose a significant fraction of its value in the near future. дальше »
2020-8-14 20:16 | |
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Why the U.S. Government Could Trigger the Next Wave of Bitcoin Adoption
When it comes down to curbing inflation, the government is known to rely on printing as many fiat currencies as is required, in order to keep the economy in check. The United State’s government is not left out. дальше »
2020-7-11 13:39 | |
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The Breakdown: Why U.S.’ $2 Trillion Stimulus, Unlimited QE Will Expose Monetary System’s Flaws
The U.S. government approved a $2 trillion stimulus package after the Federal Reserve pledged “unlimited” quantitative easing to stabilize the economy. CoinDesk’s chief content officer Michael Casey and head of research Noelle Acheson discuss how the ripple effects will expose flaws in global financial and monetary systems, whether this will bring massive inflation, and how […] дальше »
2020-7-18 16:56 | |
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Bitcoin Garners New Users as Governments Flood World With Fiat
Thousands of new users are turning to bitcoin, according to Kraken and other exchanges, over fears that government stimulus will lead to inflation. дальше »
2020-4-11 22:05 | |
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Chinese Inflation Jumps to 4.5%, Highlighting Bitcoin’s Scarcity
China’s inflation rate has jumped to 4. 5 percent for the month of November — highlighting the value proposition of deflationary currencies, like Bitcoin. China is notoriously hostile to cryptocurrencies, despite its government’s commitment to blockchain. дальше »
2019-12-11 18:40 | |
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Bitcoin-Based IRA Investments to Break $1 Billion Soon
The pension crisis is deepening across the world. As a result, Bitcoin-based retirement products are now taking center stage. Most notably, the Bitcoin IRA, which is already processing over $350 million and is projected to reach investments for over $1 billion shortly. дальше »
2019-11-27 21:00 | |
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Tim Draper Says $250,000 Bitcoin Price Prediction is Conservative
Billionaire venture capitalist Tim Draper says his bitcoin price forecast of $250,000 by 2022 understates the power of BTC. Inflation and Government Distrust Will Boost Bitcoin Price Speaking to BlockTV, Draper described his famous $250,000 bitcoin price forecast as being conservative. дальше »
2019-9-16 18:00 | |
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U.S. Treasury Yields Continue to Surge as Mnuchin Considers “Dangerous Temptation”
U. S. government debt yields rose on Thursday after core inflation exceeded analysts’ estimates, signaling that the economy is performing better than previously feared. The inflation report seemed to strike a delicate balance on Wall Street: Firming expectations about the domestic economy without compromising the Federal Reserve’s plans to lower interest rates next week. дальше »
2019-9-13 00:00 | |
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How Governments Steal Your Money and Conceal It Through Inflation
Dozens of countries all over the world have used the same trick called redenomination to hide how they have stolen their own citizens’ money through inflation or hyperinflation. The next nation to try this economic sleight of hand is the government of the Islamic Republic of Iran. дальше »
2019-8-6 22:30 | |
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Ban of the US Dollar & Foreign Currencies Driving Bitcoin Demand in Zimbabwe
Ten years ago, Zimbabwe scrapped its national currency after the inflation rate climbed astronomical levels. Now, a decade later, the Zimbabwe dollar is making a comeback. But Zimbabwean expect the new currency to tank. дальше »
2019-7-11 21:18 | |
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Crypto Ambitions Rise in Cuba to Curb Economic Crisis
The number of countries facing economic woes is rising dramatically. In order to mitigate the impact of inflation, nations are looking towards cryptocurrency as one possible solution and Cuba is the latest to turn to digital assets. дальше »
2019-7-4 12:00 | |
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Amidst Hyperinflation-Related Problems, Venezuelan President Prints New Bolivar Notes
Within a matter of just six months, Venezuelan President ‘Nicolas Maduro’ (for the second time this year) has released a circular stating that his government will be issuing new banknotes — with denominations ranging from 10,000 to 50,000 Bolivars — so as to keep up with his country’s ongoing inflation problems. From a technical standpoint, […] дальше »
2019-6-16 19:20 | |
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Venezuela Issues 50,000 Bolivar Bill Amid Persistent Hyperinflation
Venezuelans are used to their currency costing less than the paper it’s printed on. Economic misfortunes and political upheaval place their country at the bottom of all inflation charts, year after year. дальше »
2019-6-14 12:58 | |
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Levblockchain ICO
Our Organization Levblockchain LVE, will help many new, young, passionate people who are trying to work on new technology projects, blockchain projects and products. Many of Greek Developers abandoning because of the country’s educational erroneous infrastructure and frozen economic growth. дальше »
2019-3-25 22:16 | |
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Prominent Investor: Bitcoin Good Insurance Against Irresponsible Government
The recent actions of the US president shutting down his government because he didn’t get his way would make anybody question its responsibility. The economic damage has yet to be accounted for but it will not be a small figure. дальше »
2019-2-8 08:51 | |
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US Stock Market Has No Room Left to Grow, Raymand James Says Investors Should Watch Out
The 10-year Treasury note yield of the United States has continuously dropped in a three-month span since November of last year for the first time since 2015, which may be seen as an indicator of uncertainty in the U. дальше »
2019-2-5 01:11 | |
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US Stock Market Has No Room Left to Grow, Raymond James Says Investors Should Watch Out
The 10-year Treasury note yield of the United States has continuously dropped in a three-month span since November of last year for the first time since 2015, which may be seen as an indicator of uncertainty in the U. дальше »
2019-2-5 01:11 | |
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US Imposes Sanctions on Venezuela’s Oil Firm PDVSA Which Planned to Begin Petro Transactions in 2019
Nicholas Maduro’s government in Venezuela is going through tough times. In the midst of shockingly high inflation levels, the US has imposed new sanctions on the country’s state-backed oil firm PDVSA and has urged the country’s military to help with the peaceful transfer of power. дальше »
2019-1-31 22:24 | |
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The Future of Petro: Will The National Crypto Survive If The Maduro Government Is Over?
Venezuela is facing some harsh times for a while now. In the last couple of years, the Maduro government is slowly but surely losing popular support and the economic crisis is quickly getting more and more severe. дальше »
2019-1-25 22:33 | |
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Cryptocurrency Adoption Rising in Iran as Government Mismanages Economy
Iran is toying with the idea of lopping zeros off its national currency as inflation goes through the roof. History tells us this is rarely a good idea. Cryptocurrency provides an alternative for those living in countries where the fiat currency is being rendered worthless. дальше »
2019-1-24 07:59 | |
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Op Ed: It’s Time to Reject Mediocrity, #ExitFiat and Embrace Bitcoin
When the towers in New York fell, I became obsessed with economics. I wanted to follow the money to understand what happened on that dreadful day. During that time of inquiry, I found myself very interested in Austrian economic theory. дальше »
2018-11-21 19:26 | |
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OKCoin Adds the Argentine Peso as It Eyes Expansion Into Latin America
Despite a prolonged cryptocurrency bear market and regulatory uncertainties, OKCoin, one of the largest cryptocurrency exchanges in the world, is expanding to Latin America launching a new exchange platform headquartered in Buenos Aires, Argentina. дальше »
2018-11-15 17:45 | |
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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. дальше »
2018-11-1 23:35 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Cryptos Gain Adoption Amid Venezuela’s Economic Turmoil
Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December. дальше »
2018-10-10 22:30 | |
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Venezuela Set to Officially Release its Oil-backed Petro Next Week
The Petro, Venezuela’s controversial cryptocurrency is finally ready for official release to the global cryptocurrency market, the Venezuelan government said. The government is hoping that the cryptocurrency gains popularity as it is part of efforts to rescue the country’s financial system which has been swallowed up by inflation. дальше »
2018-10-3 12:16 | |
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Despite Inflation Crisis, Most Filipinos Reject Bitcoin. Here’s Why
The Philippines is experiencing an inflation crisis. Yet virtually its entire population of 106 million people are unaware of and reject the notion that Bitcoin (BTC) and cryptocurrencies give them a payment solution and store of value. дальше »
2018-9-24 17:30 | |
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Hyper Inflation in Venezuela Makes for Interesting Times in Cryptocurrency
Cryptocurrency–While the ongoing inflation and forced impoverization of the Venezuelan population is bordering on a crisis, the scenario surrounding government fiscal policy, imposed fiat usage and the role of cryptocurrency is creating an interesting incubation for the industry. дальше »
2018-9-3 23:15 | |
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Iranian Government Gags Crypto Exchanges To Fight 127% Inflation And New US Sanctions
The government in Iran has gagged bitcoin exchanges across the country, claim bitcoin users and alternate coin community of the Islamic state. The government has been censoring its citizens from engaging in crypto-economy, to apparently counter the fresh round of economic sanctions that the US government is looking to impose later in August this year. дальше »
2018-7-5 21:31 | |
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Global Government Debt Triples to $60 Trillion
We used to talk of billions, now trillions are the new billions. That’s inflation for you and debt is a big part of it. According to the Economist’s debt clock,... The post Global Government Debt Triples to $60 Trillion appeared first on Trustnodes. дальше »
2018-6-25 15:21 | |
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The Genesis Files: If Bitcoin Had a First Draft, Wei Dai’s B-Money Was It
All Cypherpunks value privacy; it’s basically the founding principle of the collective of cryptographers, academics, developers and activists grouped around the 1990s mailing list by the same name. дальше »
2018-6-15 23:31 | |
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Bitcoin Magazine’s Week in Review: Looking to the Past and the Future
South Korea just ruled that bitcoin is a legally recognizable asset, which is good news for investors, but not such good news for convicted criminals that had managed to hold onto their cryptocurrency in the past. дальше »
2018-6-11 18:04 | |
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