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Fiat Devaluation Drives Retail Bitcoin Transfers in Africa 56% in a Year: Report
10.9.2020
Monthly cryptocurrency transfers to and from Africa under $10,000 soared more than 56% from a year ago to reach $316 million in June, according to new research by U.S. crypto analytics firm Chainalysis. Altogether, $8 billion worth of crypto was received into the continent and $8.1 billion sent...
Christophe Cieters: Monopoly Money
12.7.2020
As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. Market exchange rates of the coins were...
New York Fed’s ‘Bitcoin Is Just Another Fiat’ Claim Sparks Controversy
19.6.2020
Economists at the New York Federal Reserve think Bitcoin is a fiat currency. Nic Carter thinks the New York Fed is "insane."
Carl Menger: The Nature and Origin of Money
23.5.2020
In the early stages of trade, when economizing individuals are only slowly awakening to knowledge of the economic gains that can be derived from exploitation of existing exchange opportunities, their attention is, in keeping with the simplicity of all cultural beginnings, directed only to the most...
Tax Friendly Saint Kitts and Nevis Approves Progressive Crypto Bill, Lenient Capital Gains Exemption
7.2.2020
The island country of Saint Kitts and Nevis, located in the West Indies, recently passed a bill that legalizes digital currency assets like bitcoin cash. The act is cited as the Virtual Asset Bill 2020 and it aims to provide the regulation of cryptocurrencies for Saint Kitts and Nevis businesses...
Monerium to Issue E-Money on the Algorand Blockchain In New Partnership
21.1.2020
Blockchain protocol Algorand and licensed e-money issuer Monerium have signed a non-exclusive partnership for 2020
EToro’s Platform EToroX Lists Dash and Seven Stablecoins
13.11.2019
eToro’s crypto exchange eToroX listed Dash, USDT, USDC and five more stablecoins
The Big Lie Perpetuated by Central Banks
27.10.2019
The central banking system controls monetary policy within a given jurisdiction, including the creation of money itself. The system is a lie and a denial of reality. The lie is political in motivation and content, and the denial of reality is rooted in culture and philosophy. Also read: Bitcoin...
Can Bitcoin replace currencies issued by Central Banks?
28.8.2019
The issue of whether Bitcoin (BTC) can replace Fiat currency issued and administered by the central banks across the globe is raging for some time now. There are many positives and negatives related to Bitcoin, and one has to take a holistic approach towards the issue in order to arrive at...
8 Irate Quotes From Officials Who Hate Facebook’s Digital Currency
27.6.2019
The best thing about Facebook’s proposed digital currency isn’t its BTF consensus algorithm, account-based data model or single Merkle tree structure. No, the greatest thing about Libra has to be the triggered reactions from politicians and bankers who can sense the rug being pulled...
Binance Research Takes Dig Into The Potential of Stablecoins; Fiat-backed Currencies Could Be The Future
20.5.2019
Binance Research, the research, and analysis arm of the world’s largest crypto exchange Binance conducted comprehensive research on stablecoins. The report released sheds light on the development of traditional assets or fiat-backed digital tokens. It also evaluates the stablecoin initiatives...
How to Transfer Bitcoin (BTC) to Your Bank Account?
16.5.2019
What if you own a Bitcoin and you want to turn it into cash? The below article explains how you can transfer your Bitcoin to cash. On a presumption, we will be able to use Bitcoin for nearly buying anything. Bitcoin will be replaced for fiat currencies, like USD, which will not be necessary...