The Fiat Standard and Debt Slavery

2020-12-6 17:19

In this exclusive extract, the author of "The Bitcoin Standard" introduces its sequel, "The Fiat Standard."

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standard fiat bitcoin sequel author introduces debt

standard fiat → Результатов: 52


Фото:

First-Ever Blockchain Letter of Credit Transaction Carried out by Chinese Steelmaker

Baosteel, a Chinese steelmaker, along with Australian mining firm Rio Tinto, have completed a renminbi (RMB)-denominated letter of credit (LC) transaction using blockchain technology. The LC transaction facilitated by Standard Chartered Bank (SCB) represents the first-ever paperless cross-border deal in the iron ore industry finalized in China’s fiat currency.

2020-5-14 15:16


Фото:

Is Binance Trying to Become the Crypto Standard for the World?

Crypto exchange Binance has taken some major steps in setting new standards for cryptocurrency services. Adding support for the Ukrainian national currency, signing a memorandum of understanding (MOU) with the Ukrainian government, and implementing a cryptographic protocol for distributed key generation and signing – these are only a few achievements of the company led by Changpeng Zhao (CZ).

2019-11-8 17:42


Фото:

Is Binance Trying to Become Crypto Standard for the World?

Crypto exchange Binance has taken some major steps in setting new standards for cryptocurrency services. Adding support for the Ukrainian national currency, signing a memorandum of understanding (MOU) with the Ukrainian government, and implementing a cryptographic protocol for distributed key generation and signing – these are only a few achievements of the company led by Changpeng Zhao (CZ).

2019-11-8 17:42


Digital Gold Introduces GOLD Stablecoin, a Smarter Way to Invest and Trade Gold Bullions

For many years, gold represented a standard of wealth preservation and has in many circles still remained so, with even more modern considerations for it as a medium of exchange. Although fiat currencies may have more prevailing usage due to portability, gold’s intrinsic properties make for superior value when compared to any other standard medium […] The post Digital Gold Introduces GOLD Stablecoin, a Smarter Way to Invest and Trade Gold Bullions appeared first on CCN.com

2019-9-13 08:29


Dukascopy’s Dukascash Stablecoin Adds Five Pegged Fiat Currencies; CNY+, GBP+, JPY+, MXN+, RUB+

Ever since Tether (USDT) launched its stablecoin and achieved some success in pegging its value to fiat currency, several companies are trying to take its place. True USD (TUSD), USD Coin (USDC), Paxos Standard (PAX) and other names easily come to mind when we talk about this. Now, a new company is trying to get […]

2019-7-4 00:08


Фото:

Currency.com Launches Tokenized Government Bonds

Currency. com, a blockchain-based platform that claims to be the world’s first regulated tokenized securities exchange, announced the launch of the crypto version of the Belarusian government bonds and interested investors can now purchase the financial instrument with bitcoin (BTC), ether (ETH) and the fiat standard, according to Fintech Finance report on May 7, 2019.

2019-5-10 11:00


Фото:

Bank Of America Show That Bitcoin Transfers Are 6000 x Cheaper Than Their Own

The Bank of America have released data that shows how Bitcoin transfers equate to around 6000 times cheaper than the traditional transfer of FIAT currencies at the banks own standard rates. Many do argue that Bitcoin transactions carry a ridiculous expense, however with these findings in mind, Bitcoin is still proving to be a far superior alternative to FIAT currencies.

2018-9-21 20:00


Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.

2018-9-13 18:07


Фото:

Ripple’s XRP the least Loser in the Last 7 Days & Daily Life Uses

The San Francisco based crypto-startup Ripple, since its debut, is close connected with deviation of traditional cryptocurrency philosophy. The delivering of traditional banking infrastructure solutions for efficiency, the centralized nature of XRP and the team’s comments in favor of the fiat standard has made the community engage a hate sentiment towards the coin.

2018-8-5 12:23