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Bank Of Canada Governor Maintains That Its Financial System Would Always Be Built Around The Canadian Dollar, Not Crypto
The Governor of the Bank of Canada (BoC) has reiterated the place of the Canadian dollar, aka loonie, in the country's financial system. Tiff Macklem's statement responds to the recent vocal support that leading conservative party PM candidate Pierre Poilievre has given the nascent market as part of his campaign. дальше »
2022-4-27 00:27 | |
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Dollar Vigilante Founder Talks Covid-19 and Economic Crisis: ‘The Modern Financial System Is at the End of It’s Rope’
Jeff Berwick is an entrepreneur with a lot to say these days and he’s released a number of videos discussing the coronavirus pandemic and the government-induced lockdowns. Berwick is the founder of The Dollar Vigilante, an anarcho-capitalist media outlet focusing on gold, silver, mining stocks, cryptocurrencies, and offshore banking. дальше »
2020-5-7 16:55 | |
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Petro-Dollar System Crumbles: US Dollar Could Collapse from the World’s Oil Wars
During the last few days, people witnessed history when the price of crude oil dropped below zero to -$40 per barrel, and as time passes many analysts think the worst is yet to come. After West Texas Intermediate (WTI) oil-based contracts dried up for May, contracts for June collapsed by 45%. дальше »
2020-4-24 20:25 | |
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Robinhood Looks to Win Back Users Angry Over System Outage on Historic Market Day
Robinhood is trying to earn back trust from users who lost out during recent catastrophic outages, with the dollar amount to be determined on a case-by-case basis
дальше »2020-3-25 22:28 | |
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China’s Digital Yuan Could Disrupt The Global Financial System According to Simulation
A stimulated wargame held by previously high-ranking officials in the United States government has revealed what could be a North Korean missile takeover through China’s digital currency. The meeting held at Harvard Kennedy School projected a few years into the crypto space and highlighted the looming danger on the dollar’s dominance. The attendees stimulated a […] дальше »
2019-11-21 18:42 | |
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The Fed Is Analyzing A Central Bank Digital Currency, But Would The US Benefit As Much As Others?
The U. S. Federal Reserve System (FED) is analyzing the possibility to issue a digital dollar. Although there is nothing confirmed, Jerome Powell, the Chairman of the FED, explained that they are exploring whether it makes sense to issue a Central Bank Digital Currency (CBDC). дальше »
2019-11-21 23:49 | |
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Major Business Council Led by Russia and China Considers Crypto-Based BRICS Payment System
Cryptocurrencies might be the avenue to eliminate the dollar’s popularity; BRICS member countries discussed designing a digital currency in their latest summit. According to RBC, a Russian news outlet, the BRICS member states are considering a common payment settlement system. дальше »
2019-11-15 16:35 | |
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‘Zimdollars’ Issued for First Time in Ten Years Amidst Continued Hyperinflation
The new Zimbabwe dollar has hit the streets, with banks beginning to issue the paper currency Tuesday. The ‘Zimdollar,’ existing earlier this year as coins, e-balances, the RTGS dollar, and bond notes, was returned to in June as a replacement for the Real Time Gross Settlement (RTGS) system implemented in February. дальше »
2019-11-14 09:00 | |
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30% of Americans Believe the U.S. Dollar Is Backed by Gold
Genesis Mining has conducted a survey asking what the U. S. dollar is backed by. Apparently, around 30% of the U. S. public believes that the dollar is still backed by gold. The Bretton Woods system ended in 1971, and it was then that the convertibility of USD to gold was officially terminated. дальше »
2019-11-1 11:27 | |
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Bitcoin Mining Firm Study Shows How Clueless People are About Money
A study by Bitcoin mining firm Genesis Mining has shown that a startling number of US citizens have no idea about how their financial system works. A whopping 29 percent of respondents said they thought the US dollar is still backed entirely by gold. дальше »
2019-11-1 23:00 | |
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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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Bitcoin to Shine Once Liquidity Crisis Gets Triggered
The global dollar shortage is a looming crisis that doesn’t get much media attention. Instead, we keep hearing about the trade war and the seesawing stock market but almost nobody talks about the biggest problem that overshadows them all. дальше »
2019-10-8 16:00 | |
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Digital dollar is inevitable – opinion
The Federal Reserve – the US Central Bank – announced the creation of the FedNow interbank payment system. However, according to the bankers themselves, this is a half measure and the next step is to create the own digital currency of Federal Reserve. дальше »
2019-10-7 12:31 | |
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Venezuelan Exchange To Launch PoS System And Crypto Debit Card; Including Petro, BTC, & DASH
The Venezuelan government is one of the most crypto friendly countries as it looks for ways to sustain its hyper-inflated economy and sanctions from various governments. The government is focused on promoting its oil backed crypto, Petro dollar, to its citizens with the latest debit card release by government sanctioned exchange, CriptoLAGO. The debit card […] дальше »
2019-10-4 17:34 | |
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Ex-Fed Official: BoE Boss Barking Up Wrong Tree On Crypto
Going against the central bank grain Mark Carney has proposed a cryptocurrency akin to Facebook’s Libra crypto as a hedge against US dollar dominance. A former senior Federal Reserve official thinks he is barking up the wrong tree. дальше »
2019-9-26 12:00 | |
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Venture Capitalist: Bitcoin Offers Escape From Crippling Monetary Policy
According to Investopedia, the first paper money in the U. S. was issued on February 3, 1690 by the Massachusetts Bay Colony. Less than two hundred years later, Americans were able to trade $20. дальше »
2019-9-14 17:30 | |
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Global Financial System can Adopt Bitcoin: Circle CEO
Three weeks back, the Bank of England Governor Mark Carney made an alarming comment on the global reserve currency, the US dollar. The economist said that the world’s reliance on the greenback “won’t hold” and a new global monetary and financial system backed by many more global currencies would replace it. дальше »
2019-9-13 16:00 | |
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Why the Birth of Bitcoin Can Be Traced Back to 1971
The world economy is a complex system that has undergone many different phases in the past century. As strange as it may sound today, there have been times when banking crises were rare, pay was rising alongside productivity, and the U. дальше »
2019-9-1 11:30 | |
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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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Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin
Control of the U. S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency to take the USD down a peg. дальше »
2019-7-17 01:30 | |
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Fed Chairman Powell: Bitcoin Is A Store of Value Like Gold
Cryptocurrencies took the center stage again during Federal Reserve Chairman Jerome Powell’s second day of testimony before the U. S. Senate. Today, lawmakers expressed their concerns about the threat that bitcoin and other cryptocurrencies pose to the financial system, including the possible challenge of bitcoin replacing the U. дальше »
2019-7-12 01:02 | |
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Bitcoin is the “schmuck insurance” against traditional financial system, claims Social Capital CEO
What do you have under your mattress? A stash of dollar bills stitched between the padding, or perhaps a bunch of gold bars (I doubt it), or maybe a hardware wallet with Bitcoins? According to many, the last one seems unlikely. дальше »
2019-7-10 12:30 | |
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Multi-Billion Dollar Crypto Firm: Bitcoin Finding Use as Hedge for Global Crisis
Throughout its short history, Bitcoin (BTC) has been seen as anything but centralized, sovereign, and censorable. The crypto asset was created by a pseudonymous individual, is secured by a global group of miners, and is backed by no government, traditional finance system, or common entity. дальше »
2019-6-16 21:00 | |
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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’
The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price. дальше »
2019-6-4 19:03 | |
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Op Ed: Debunking Bitcoin Myths: The ‘Intrinsic Value’ Fallacy
A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value. дальше »
2019-6-4 23:41 | |
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Op Ed: Debunking Bitcoin Myths, The ‘Intrinsic Value’ Fallacy
A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value. дальше »
2019-5-31 23:41 | |
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University Students Choose One Dollar Over One Bitcoin
YouTube channel, Capital Creators, performed an experiment offering students the choice of one dollar or one bitcoin. The overwhelming majority chose the dollar. So this is the part where I mercilessly mock the US education system and berate US students for being so dumb, right? Well actually, no. дальше »
2019-5-25 01:00 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Cashaa Now Accepts Debit, Credit Cards for Crypto Purchases
Online banking platform Cashaa is set to allow users to purchase bitcoin, ether and Cashaa’s own token, CAS, using major credit and debit cards. This new service is a follow-up to the Business Banking Services Cashaa launched earlier in April 2019, which allows both individuals and private firms to open accounts with Cashaa and accept cryptocurrency payments. дальше »
2019-4-24 01:08 | |
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Zimbocash: A Digital Currency For Zimbabwe
Hyperinflation has become synonymous with Zimbabwe, and the African nation’s monetary system has been on a roller coaster for the past decade. Its national currency, the Zimbabwean dollar, lost so much value in 2015 that it was practically useless. дальше »
2019-4-5 00:17 | |
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After Ripple, China’s CIPS Now Competes With SWIFT…Departure From US Dollar?
Russian banks have adopted the Chinese CIPS payment system, and the competition from this cross-border platform and Ripple against SWIFT could ultimately lead to the US Dollars being deposed as the leading currency in the world. дальше »
2019-4-2 11:30 | |
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What Is DeFi and Where Does It Leave Bitcoin?
The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology. дальше »
2019-3-29 16:26 | |
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Central Bank of the Bahamas Selects Blockchain Startup NZIA for Digital Currency Project
The Central Bank of the Bahamas has selected NZIA Limited as the technology solutions provider for its Project Sand Dollar, a project aimed at developing a blockchain-based central bank digital currency. дальше »
2019-3-5 23:54 | |
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JP Morgan Set to Launch its Own Native Cryptocurrency for Cross-Border Payments
Banking giant JP Morgan is ready to launch a trial on a blockchain-based international remittance system, according to a report by CNBC. JP Morgan’s Token Will Function Like Stablecoins The cryptocurrency, dubbed “JPM Coin,” will be pegged to the US dollar in a 1:1 ratio similar to stablecoins. дальше »
2019-2-15 16:59 | |
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Morgan Creek Bags $40M Raise, Attracts Industry First Funding From Pensions
Even in a bear market, Morgan Creek Digital has no problem swimming upstream. The crypto asset management firm just bagged a $40 million dollar investment and what appears to be the first blockchain/crypto investment by a major pension fund. дальше »
2019-2-12 20:51 | |
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Bitspark Launches World’s First Stablecoin Pegged to the Hong Kong Dollar
A Bitcoin remittance startup located in Hong Kong has announced that it has launched the world’s first stablecoin pegged to the Hong Kong dollar. Founded in 2014, Bitspark was created to enable the process of sending money across borders without the use of banks. дальше »
2019-1-30 17:43 | |
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Simon Dixon Reflects on the 10th Anniversary of Bitcoin
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. дальше »
2019-1-26 01:44 | |
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Dollar Vigilante: Bitcoin (BTC) Nearing Bottom, Institutional Money To “Explode Crypto”
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). дальше »
2019-1-10 02:00 | |
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Bear market taking its toll: Dash (DASH) cryptocurrency dirty laundry hung out to dry
Dash is the altcoin credited with starting the craze for masternodes. Back when the coin was trading for under a dollar, the Proof of Work coin introduced a masternode system that called for staking 1,000 Dash. дальше »
2019-1-5 01:04 | |
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Платформа Waves привлекла $120 млн на разработку приватного блокчейна Vostok
Команда Waves Platform объявила об успешном закрытии раунда финансирования, по итогам которого привлекла $120 млн на разработку корпоративного блокчейна Vostok. https://t. co/2SqTPaGOO2 #Vostok, a one billion dollar project in #Waves ecosystem, has closed the first funding round. дальше »
2018-12-19 14:40 | |
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New Shakepay Feature Turns Your Spare Change Into Bitcoin
Mobile cryptocurrency exchange and peer-to-peer wallet Shakepay has announced a new product that allows its Canadian customers to buy bitcoin with spare change. Dubbed "ShakePay Change," the pre-launch of the service was announced in a Medium post. дальше »
2018-12-18 02:32 | |
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Putin to Buy Oil with a Cryptocurrency? Is This a Smoke-Screen or a New Era in Financial Geopolitics?
“We need a balanced, fair and diverse system where the dollar plays an important role, but that is not used as a mechanism of coercion against the people because it... The post Putin to Buy Oil with a Cryptocurrency? Is This a Smoke-Screen or a New Era in Financial Geopolitics? appeared first on Trustnodes. дальше »
2018-12-9 19:50 | |
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Bitfinex Gives Tether Competition, Adds Four of Market’s Top Stablecoins
Cryptocurrency exchanges Bitfinex and Ethfinex now support trading for all six of the market’s major stablecoins. Adding to its support for MakerDao’s Dai and Tether’s USDT, the sister platforms recently listed USD Coin (USDC), TrueUSD (TUSD), Paxos Standard Token (PAX) and Gemini USD (GUSD). дальше »
2018-12-4 21:02 | |
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