Ethiopia May Turn to Clean Bitcoin Mining to Strengthen Economy

2021-7-14 05:00

Amidst the growing inflation rate and the constantly depleting value of its foreign reserves, due to the US Federal Reserve’s endless dollar printing, Ethiopia may be the next sovereign state to integrate bitcoin (BTC) into its economy, in order to beat impending hyperinflation.

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Bitcoin (BTC) на Currencies.ru

$ 61815.03 (-0.24%)

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bitcoin economy ethiopia may printing dollar reserve

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Источник: btcmanager.com

bitcoin economy → Результатов: 126

How Bitcoin’s strong correlation to stocks could trigger a drop to $8,000

The absence of a CME Bitcoin futures premium, unrelenting record-high inflation and investor concerns over the economy are all factors weighing on BTC price.

2022-7-14 22:35	Regulation
bitcoin economy concerns investor inflation all btc

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Steve Hanke Shares Details of Why Bitcoin Adoption Is Nightmare for El Salvador’s Economy

Steve Hanke is again picking on Bitcoin, this time saying that El Salvador is having a hell of a time trying to integrate BTC into its economy

2021-10-11 11:05
bitcoin economy salvador hanke time steve having

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Bitcoin theft could rise in post-COVID-19 economy: research

The post COVID-19 pandemic economy might see certain economies crashing and local currencies plummeting, which would make Bitcoin theft "a lot more attractive," according to new research. The study, tThe post Bitcoin theft could rise in post-COVID-19 economy: research appeared first on AMBCrypto.

2020-12-1 00:30	BTC Trading View
bitcoin economy research theft rise post-covid-19 could

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It’s Time To Join The Bitcoin Circular Economy

The Bitcoin circular economy is Bitcoin: permissionless, untied to identity and P2P. It’s time to start participating. The post It’s Time To Join The Bitcoin Circular Economy appeared first on Bitcoin Magazine.

2020-11-25 19:37
bitcoin economy circular time join magazine participating

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Bitcoin May Get Massive Boost as Democrats Propose $3 Trillion in Extra Stimulus

Both Bitcoin and the stock market have recovered strongly since the March lows, but the “real” economy is not in a good place. As Chamath Palihapitiya — one of the first Facebook executives and a prominent venture capitalist — said in a recent CNBC “Squawk Box” interview, the economy is now far removed from capital markets....

2020-5-14 04:07	xbtusd
bitcoin economy venture prominent capitalist said executives

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Bitcoin Basher Claims Next Recession Will Be Even Worse

Peter Schiff has a pretty dire outlook for the global economy. The gold bug and Bitcoin naysayer says that the Federal Reserve injecting capital into the US economy will spawn a crisis that will make the Great Recession look tame.

2019-12-21 18:40	Federal Reserve
bitcoin economy recession injecting capital reserve basher

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Bitcoin mining is 'a very complex dynamic economy'

May 2020 - the scheduled timeline for the next Bitcoin halving, a phenomenon that occurs after every 210,000 blocks are mined, resulting in the block reward cut by half. The upcoming halving would resThe post Bitcoin mining is 'a very complex dynamic economy' appeared first on AMBCrypto.

2019-11-3 17:30	Bitcoin
bitcoin economy halving dynamic mining complex very

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China’s ‘DCEP’ Cryptocurrency Will be Gold-Backed: Max Keiser

After a period of absence, RT’s Max Keiser is back and his commentary on the current state of the global economy is as colorful as ever. The bitcoin bull also had some interesting things to say about China’s gold hoards and its new central bank-backed cryptocurrency.

2019-11-2 13:00
cryptocurrency keiser china max gold-backed current dcep

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Argentina’s Central Bank Bans Certain Bitcoin Purchases as Economy Flails

If you’ve followed the macroeconomic or Bitcoin news cycle over the past few months, you’ve likely heard and seen the qualms of Argentina. The South American country has been going through a bout of political and economic turmoil, which has culminated in rapidly-increasing inflation and a tumultuous stock market.

2019-11-2 01:00	Cryptocurrency
bitcoin argentina bans bank central certain purchases

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Argentina's Central Bank places restrictions on Bitcoin purchases

While certain countries like China are leaning towards the allure of blockchain and maybe, Bitcoin, South America's Argentina has other ideas up its sleeves, despite its slowly crumbling economy.

2019-11-2 20:30	News
bitcoin argentina purchases bank places central restrictions

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Will Bitcoin Solve Chinese Banking, Household Debt Woes?

China’s economy is not immune to the woes that are creeping into Western ones. It has long been a nation of savers but increasing household debt and more banking bailouts are signaling stormy economic weather ahead.

2019-11-1 15:00
debt woes household bitcoin banking solve china

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Chinese Cryptocurrencies May Continue Surging, Could Initiate Altseason

Interest in blockchain technology has substantially increased in China after the speech of the president in which he referred to blockchain as a vital resource for the future of the Chinese economy.

2019-10-30 06:25	News
blockchain chinese increased cryptocurrencies could surging continue

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More Filthy Fiat: Two Dozen Central Banks Ramp up the Printing Presses

The global economy seems to be heading toward a financial crisis fueled by central planners that could devastate markets worldwide. This year onlookers are witnessing the largest synchronization of central banks printing massive amounts of fiat or participating in other forms of stimulus.

2019-10-30 01:30	ukraine
central banks printing two fiat presses filthy

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Argentine Central Bank Makes Case for Bitcoin with Latest Currency Restrictions

Faced with a rapidly-devaluing national currency and an economy in crisis, the Central Bank of Argentina has just announced harsh new restrictions on the amount of U. S. dollars the nation’s citizens can buy.

2019-10-29 14:18
currency restrictions central bank argentine new bitcoin

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Bitcoin Is 30% More Attractive For Argentinians Than Physical Dollars

“Long Bitcoin, short bankers” — a slogan tirelessly used by maximalists like Anthony Pompliano, seems to have become Argentina’s motto as a result of President Mauricio Macri’s terrible administration leading the country to become the third most miserable economy in the whole world.

2019-10-29 10:05
bitcoin dollars macri physical attractive argentinians whole

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IOTA Partners with FIWARE to Build Digital Economy Blockchain Solutions

Berlin-based blockchain non-profit – the IOTA Foundation – announced that it had allied with FIWARE Foundation. The partnership will see IOTA’s Tangle serve as an immutable, verifiable, and trusted record of data to find relevant context data transactions in “Powered by FIWARE” architectures.

2019-10-24 16:02
iota blockchain fiware foundation data october release

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Germany’s Financial Crisis Invokes 5-Year Rent Freeze

All eyes are on the German economy which was once perceived as stable and strong. However, the financial state of affairs has been tumultuous and Berlin’s state cabinet recently agreed to a five-year rent freeze to help curb the rising housing costs in the country.

2019-10-24 03:00
rent financial freeze state germany invokes crisis

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Opera Adds Support for Bitcoin and Tron in Major Android Browser Update

Opera, the fifth-most popular web browser, has added support for both Bitcoin (BTC) and Tron (TRX) to its Android browser. By adding Bitcoin and Tron support to its mobile browser, Opera is hoping to massively increase the accessibility of cryptocurrencies, allowing its almost 200 million mobile users to access the decentralized economy.

2019-10-23 07:15
browser tron opera support bitcoin android mobile

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Tokyo Plans to Meet Olympic Hospitality Demand with Tokenized Funding

The Tokyo Olympics are less than 10 months away and Japan’s ailing economy is looking for a way to meet the demand posed on hotels and condominiums. Lead Real Estate Group is raising funds through security tokens to finance the construction for said properties, as reported by Ledger Insights, October 22, 2019.

2019-10-23 21:00
tokyo demand meet october 2019 reported said

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Is Peter Schiff Warming Up To Bitcoin With His Anti-Trump Tirade?

Serial Bitcoin basher and gold investor Peter Schiff has had a rare moment and change in stance on BTC in a recent tirade about the dire state of the US economy. US Debt Out Of Control There is no disputing the fact that US national debt is spiraling out of control.

2019-10-22 11:00
out tirade schiff peter bitcoin trillion warming

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How Would Bitcoin Fare in a ‘Growth Recession?’

It is being predicted that the chance of a global recession is now as high as it was in July 2007 — just before the 2008 housing crisis sparked a massive downturn in the economy. However, even if it is an ‘Everything Bubble‘ approaching, it will probably be a Growth Recession that follows.

2019-10-22 01:09	News
recession growth fare bitcoin probably approaching everything

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Is Bitcoin Part of the ‘Everything Bubble?’

We have had Tulip Mania, the South Sea Bubble, the Dot-Com Crash, and the 2008 Housing bubble. Now, we are potentially heading towards the ‘Everything Bubble’ — but does this include Bitcoin? The global economy is currently on tenterhooks.

2019-10-21 21:59	News
bubble everything bitcoin part federal reserve banks

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Chinese And Thai Traders Stockpile Bitcoin As Asian Fears Of Recession Grow

Economic uncertainty in the world’s second-largest economy may explain a sudden surge in the amount of Bitcoin (BTC) purchased with Chinese Yuan (CNY) as local traders place value into something believed to be uncorrelated to the world economy, and therefore potentially recession-proof.

2019-10-22 21:49
chinese bitcoin traders world economy cny asian

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As Lightning’s Economy Takes Shape, Devs Are Split on Proposed Fee Hike

At the lightning network's inaugural conference in Berlin, the future economics of the bitcoin payment technology took center stage.

2019-10-21 16:45
lightning future economics berlin conference bitcoin center

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Bitcoin.com Acquires Blockchain Software Startup O3 Labs

Bitcoin. com has announced the acquisition of blockchain startup O3 Labs, the Tokyo-based software company that specializes in developing gateways to the digital economy. The deal will see O3 absorbed into Bitcoin.

2019-10-21 16:15	Wallet
bitcoin labs startup blockchain software acquires work

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Bitcoin allows people to transact without involving a ‘fractional reserve system’

The Banking crisis of 2008 was one of the key elements that fueled the invention of Bitcoin. The advent of Bitcoin exposed some of the pivotal flaws of the centralized banking systems which were largely ignored as there were no alternatives.

2019-10-21 01:30	фиат
bitcoin system reserve banking fractional transact people

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Bitcoin Still a Safe Haven as Global Economic Storm Brews

Notwithstanding the Friday dump which has just sent bitcoin price back below $8k, the global economy is in a bigger mess and is set to deteriorate even further. Central banks are pumping cash back into their systems, interest rates are going negative, and GDP figures are falling.

2019-10-18 10:56
global bitcoin still haven safe economic back

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China Invests Billions After Economy Slows Down, Can Bitcoin and The Crypto Industry Benefit?

After months of trading tensions with the United States, China has perceived that it's economy is no longer growing as much as it once was before. Now, in a swift move, the People’s Bank of China has decided to inject around $28 billion USD into the economy to boost it. The money was pumped into […]

2019-10-17 01:23	Bitcoin Innovation
economy china boost money pumped swift once

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China Injects Billions as Economy Slows, Will Investors Turn to Bitcoin?

America is not the only country manipulating its money in order to prop up a flagging economy. Today China unexpectedly injected billions in cash to prevent a fall in interest rates as the economy flounders following months of trading tensions.

2019-10-16 10:30
economy investors china bitcoin billions turn slows

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Bitcoin’s Smallest Unit ‘Satoshi’ Added to Oxford English Dictionary

Oxford University Press published its recent quarterly report which revealed the term ‘satoshi’ was added to the Oxford English Dictionary (OED) database. The word represents the “smallest monetary unit in the Bitcoin digital payment system,” according to the definition.

2019-10-16 00:25
oxford satoshi bitcoin dictionary english unit smallest

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The Fed Plans to Inject $60 Billion per Month Into the Economy

On October 11, the U. S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until at least Q2 2020.

2019-10-15 02:30
per month economy billion inject purchasing easing

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G7 Report Labels Stablecoins as Significant Risk

The growth in stablecoin usage has soared since late 2017, and this has regulators and government bodies across the world incredibly worried. A new report formulated by central bank officials of the G7, the IMF, and the Financial Stability Board, believe that global stablecoins pose a systemic threat to the global economy and monetary stability,Read MoreRead More.

2019-10-14 19:00	USDT
global report stablecoins stability economy board monetary

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Europol: Bitcoin is the still the dark web’s favorite cryptocurrency

Bitcoin is still very much the dark web‘s favorite cryptocurrency, but those looking to cover their tracks are slowly learning to use privacy-focused alternatives. “While we have previously reported a small shift towards more privacy-focused cryptocurrencies such as Monero, Bitcoin still remains the currency of choice for both legitimate and criminal use,” reports Europol with its latest assessment of internet-based organised crime.

2019-10-14 15:45	hard fork
bitcoin web europol dark still use cryptocurrency

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Not All Altcoins Are Rekt: These 5 Cryptos Have Given 3-13x ROI in 2019

Bitcoin has forever been the undisputed king of the decentralized digital economy. Granted, the rest of the pack lags far behind both in terms of popularity and market cap, but that certainly doesn’t justify the ridicule altcoins are often subject to.

2019-10-13 12:26	Binance Coin (BNB)
altcoins 2019 roi these rekt all cryptos

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Dutch National Bank Says Gold Can Re-Start Economy in Case of Total Collapse

An article found on the De Nederlandsche Bank (DNB) website has surprised many in the crypto space, with its bold claim that “If the entire system collapses, the gold stock provides a collateral to start over.

2019-10-13 12:18	Gold
gold bank dutch total collapse national case

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Russia Remains Crypto-Aware but Doesn’t see the need for a National Digital Currency

President of the Russian Central Bank, Elvira Nabiullina, believes there is no immediate need for Russia to explore launching a sovereign digital currency. Despite having studied and researched these topics, the central bank doesn’t believe there are any obvious benefits to the economy, as reported by TASS, October 10, 2019 Happy With Current Monetary RegimeRead MoreRead More.

2019-10-11 21:00	Russia
digital russia central bank currency doesn need

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Bored SEC Writes a Book on Bitcoin

American taxpayers are delighted to learn the regulator of the banking industry, of corporations, and of much of the economy, has so much to do that they decided to write... The post Bored SEC Writes a Book on Bitcoin appeared first on Trustnodes.

2019-10-11 18:26	USA
sec bored much book writes bitcoin trustnodes

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Bitcoin Price: More Dependent On The US Economy Than We Thought?

Bitcoin emerged from the ashes of the global financial crisis, with the genesis block created in January, 2009. The American economy emerged from the same ashes around the same time, with GDP soaring immediately following the GFC and continuing to deliver a historically long period of expansion.

2019-10-8 21:38
economy bitcoin ashes same emerged 160 thought

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Bitcoin is a cure to deflationary death spiral in the current market scenario claims Mark Yusko

According to many experts, the US economy could suffer another crack with the market indicators suggesting a potential recession at bay. Despite Federal Reserve Chairman, Jerome Powell asserting that US economy was in “a good place”, developments suggest the contrary.

2019-10-7 23:30
market claims mark bitcoin economy scenario yusko

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Bitcoin (BTC) Supply Could ‘Expand Over 21 Million’

The Bitcoin (BTC) maximum supply is capped at 21 million coins, of which more than 18 million are already mined. But the actual supply of coins within the economy may be higher, due to various forms of fractional reserves practices.

2019-10-6 19:00
supply million bitcoin expand btc forms coins

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Breaking Bitcoin: Another Mortgage Meltdown Will Prove The Case For Crypto

The subprime mortgage crisis triggered the global financial crisis that, in turn, triggered the bank bailouts and the quantitative easing cycle that followed to prop up a weakened U. S. and global economy.

2019-10-6 18:39
crypto mortgage bitcoin triggered crisis breaking global

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Russia Regulates Digital Rights, Advances Other Crypto-Related Bills

After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy.

2019-10-5 23:32	Russia
digital russia bills advances rights regulates crypto-related

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Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash

Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat currency as they see fit.

2019-10-3 17:55	Zimbabwe
zimbabwe fiat money mobile popular bans services

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Bitcoin or Digital USD Could Save Global Economy Since Weakening Dollar Is World’s Only Hope: Opinion

A perfect soil for a BTC rise would be a major financial crisis, some experts believe, and now CNBC says that weakening USD could be the only hope for the global economy

2019-10-3 14:56
weakening only hope global economy could usd

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IOTA and Zuhlke to Develop Machine-as-a-Service Solutions

In an official blog post published on October 1, 2019, distributed ledger technology (DLT) non-profit IOTA (MIOTA) announced its partnership with Zuhlke – a firm providing services for innovation projects – to jointly develop a platform for organizations to engage in the machine economy.

2019-10-3 21:00
iota economy non-profit zuhlke machine develop germany-based

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Around The Block With Jeff and Dave – October 2, 2019

A Deep Dive on Bitcoin and Fiat. The SEC wants to regulate Bitcoin with star ratings and Bitcoin gets 1 star. The Feds are injecting hundreds of billions diluting the US Dollar. We cover what happened when Venezuela’s economy crashed and how that could happen in the US.

2019-10-3 20:00	SEC
bitcoin block around jeff star could happen

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Bitcoin Falls as Weak US Manufacturing Data Scares Investors

Bitcoin plunged on Wednesday as a weak US manufacturing data intensified anxieties over the health of the global economy. The benchmark cryptocurrency was down by $63. 73, or 0. 77 percent, to trade at $8,257.

2019-10-2 17:21	Gold
bitcoin data weak manufacturing session scares investors

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Bank of Japan Eyes Lower Rates for Halloween as Negative Global Trend Continues

In a recent rate review meeting of the Bank of Japan (BoJ), bank governor Haruhiko Kuroda and others on the nine-member board urged leaving all options on the table, where further cuts to the country’s negative interest rate are concerned.

2019-10-1 10:19
bank negative trend japan continues further rate

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Central Banks in Panic Mode – Extreme Tactics Like Helicopter Money Discussed

Central banks worldwide continue to inject more stimulus into the economy as they predict the onset of a new financial crisis. In the face of a sluggish economy, monetary easing, negative interest rates, and ‘normalizing’ the balance sheet is the name of the game these days.

2019-10-1 23:30
central banks discussed economy money extreme mode

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Quality Of Life Is Defined By Energy Use

Harry Sudock of Griid qualifies Bitcoin as a responsible use of energy and shares his perspective on the benefits of bitcoin mining for rural areas.

US Bitcoin mining firm turns to harmful coal waste for cleaner energy

In a bid to make crypto mining more environmentally friendly, Stronghold Digital Mining is turning harmful waste from coal mining into clean energy to power Bitcoin miners.

To the roots of mining: Bitcoin going green faster than ever

Many crypto-mining firms are transitioning to renewable sources of energy to help facilitate their operations.

Blockstream Partners With Macquarie To Explore Renewable Bitcoin Mining Solutions

Blockstream and Macquarie collaborate to explore carbon-neutral alternatives for their joint investment in bitcoin mining.

New Study Says Bitcoin Has An Energy Problem That Could Exacerbate Climate Change

A newly released study asserts a large amount of electricity is eaten up as Bitcoin is exchanged and mined. The author suggests these consumption habits could be churning out enough carbon emissions to affect global climate change.

2021-7-14 05:00

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