BUSDMatrix: Multiply your BUSD with Yield Farming

People are slowly moving away from fiat money and adopting cryptocurrency. Fiat is not a good option because it is easily counterfeited by central banks and printed unlimitedly. However, cryptocurrencies can’t be printed like fiat money, making it a better alternative to many people worrying about inflation.

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The Debt Ceiling Is A Cliff — And We Keep Raising It

Fiat money extends the debt cycle and traps citizens in ever-increasing inflation — but bitcoin forces a reckoning.

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Citing Inflation Disaster, Forbes’ Avik Roy Explains Why The United States Should Embrace Bitcoin

The fact that Bitcoin is now a significant innovation rather than a fad that could soon render the dollar and most fiat currencies ineffective cannot be further from the truth. In the recent past, the crypto asset has steadily proven its value, emerging strongly from traditional iniquities that have always plagued fiat currencies due to […]

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American Billionaire Barry Sternlicht Purchases Bitcoin (BTC), Ether (ETH) as a Hedge Against Inflation

American billionaire Barry Sternlicht is the latest to join the cryptocurrency bandwagon. Sternlicht Sees Crypto As Hedge Against Inflation In a recent interview with CNBC, Starwood Capital Group Co-founder Barry Sternlicht dubbed bitcoin (BTC) as a financial tool that can help against the mass printing of fiat currencies.

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WallStreetBeats launches Macro Hedge ETP

The WallStreetBets dapp has launched the world’s first ‘Exchange Traded Portfolio’ or ETP. The ETP is an investment vehicle designed to “Outrun Fiat Inflation and Crypto Volatility”

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Satoshi's Ark Will Save Bitcoiners

The creation of a decentralized monetary network provides an escape from the flood of fiat inflation.

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Lebanese Rush into Crypto as Fiat Currency Loses Over 90% of Its Value and Inflation Soars

Lebanese people are turning to cryptocurrency as their fiat currency continues to lose its value drastically. The Lebanese pound, or lira, has lost more than 90% of its worth in a matter of two years.

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Bitcoin Already Tested 2017 ATH Accounting For Inflation

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'Here's why there's no middle ground' with Bitcoin

One of the most commonly cited advantages in favor of Bitcoin against fiat currency is that the latter is subject to inflation or reduced value, over time. Bitcoin, on the other hand, with its fixed sThe post 'Here's why there's no middle ground' with Bitcoin appeared first on AMBCrypto.

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Another reason why Bitcoin 'should be on everyone's portfolio'

Trust in fiat currency seems to be waning by the day, as billionaire investors keep turning to crypto as a hedge against current and future inflation. Over the past year, the likes of Michael Saylor, The post Another reason why Bitcoin 'should be on everyone's portfolio' appeared first on AMBCrypto.

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Deutsche Bank Sees Rising Inflation As A Ticking Economic "Time Bomb"

Contrary to many financial institutions, analysts at Deutsche Bank have warned of global consequences that will stem from fiat inflation.

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Where fiat holders lose out, Bitcoiners can gain from inflation

Currency instability and hyperinflation seemed unreal until a global pandemic struck, sending many nations into economic turmoil. Most economists began to wonder if the end of the pandemic would mean The post Where fiat holders lose out, Bitcoiners can gain from inflation appeared first on AMBCrypto.

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One BTC Will Be Worth A Lamborghini By Year-End And A Bugatti In 2022, Kraken CEO Makes Interesting Prediction

Bitcoin has been on an incredible uptrend and bulls have come out in plenty to predict the future price of the world’s largest and oldest cryptocurrency. But surprise, surprise, Jesse Powell, CEO of cryptocurrency exchange Kraken strongly believes dollar-based BTC price forecasts are flawed due to fact that fiat money is prone to substantive inflation. […]

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Bitcoin Drops After Powell Pours Cold Water on Inflation Expectations

A dramatically heightened inflation makes up the strongest bullish case for Bitcoin, a cryptocurrency that poses itself as the safest insurance against a potential rise in consumer prices and fiat devaluation.

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Billionaire Ray Dalio: U.S. Could Impose “Shocking” Tax Increases That’d Have Huge Consequences On Bitcoin

Billionaire hedge fund manager Ray Dalio is well known for his criticism of holding fiat money in the face of unprecedented money printing and runaway inflation. Now, Dalio asserts that bonds — or anything, really in dollars, is also not a safe investment play, especially with governments producing insane amounts of debt. In a recent […]

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e-Money Is Aiming to Bring More Value to Stablecoins

As more people look for safer alternatives to store and transfer their wealth, stablecoins have emerged as a viable option with practically no restrictions. These fiat-pegged crypto assets allow users to store value reliably, but do nothing to account for inflation of the fiat backing the asset.

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Blockchain is Finally Becoming What Was Promised

Ten years ago, Bitcoin emerged as the first cryptocurrency. It brought with it the promise to resolve some of the major challenges that come with regular fiat currencies like the US dollar (USD) and Chinese yuan (CNY) — including rampant inflation, counterfeiting, and centralization.

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Bitcoin’s Wild Rally to $50,000 Turns Investors Away from Gold

Investors are cooling on gold as its digital rival Bitcoin takes the front seat in the race between the hottest hedging assets against inflation and fiat devaluation.

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Kraken CEO: “How Do You Justify Not Having Bitcoin On Your Balance Sheet”

Guy Johnson, the show’s host, explored many topics with Powell, beginning with the largest crypto by market cap. Powell talks about the recent acceptance of Bitcoin as a reserve asset and the inflation surrounding global fiat currencies as a major driver towards the leading cryptocurrency.

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“Bitcoin Is The ‘Backdrop’ To A Failing US Dollar,” Says Wyoming Senator-Elect

Global economies continue dealing with the black swan event, the Corona Virus pandemic, which has seen governments pumping trillions of dollars into the economy to keep them afloat. However, analysts and experts in the field are worried about the effect this could have on the fiat currencies in use worldwide as inflation increases.

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2020’s Crypto Market Success Has Been Driven by Fiat Inflation and Digital Assets Utility – Ripple CEO Posits

Ripple CEO, Brad Garlinghouse declared that 2021 will see more adoption of digital assets and growth of the crypto market as more people will be looking to diversify their portfolios into cryptocurrencies.

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Inflation games: Bitcoin competes with fiat on value but lacks volume

Amid global economic contraction, Bitcoin appears to be gaining momentum against struggling fiat currencies.

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Fiat inflation has cost Bitcoin hodlers 20% over the past decade

Since 2010, inflation has turned $1 into 84 cents while $1 invested in Bitcoin would be worth $274,000.

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BoE Explores Negative Rates; Bitcoin Is A ‘Must’ Because Fiat is a ‘Giant Ponzi Scheme’

The Bank of England (BoE) is exploring negative interest rates now and in response Sterling weakened sharply. The pound dropped 0. 7% against the dollar after the central bank’s plans “to explore how a negative Bank Rate could be implemented effectively, should the outlook for inflation and output warrant it at some point,” were revealed.

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Turkey Residents Panicking Over Massive Inflation

Turkish are losing faith in its local fiat currency, with confidence in the lira falling 20% this year.

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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.

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Gerber Kawasaki CEO Owns Bitcoin, Tells Anthony Pompliano BTC Needs Insurance System

During recent Pomp podcast, CEO of Gerber Kawasaki stated that he owns Bitcoin, called it an inflation hedge and discussed how it can be used instead of fiat US dollar

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eToro: Stablecoin Adoption Upsurge Driven by Remittances and Fiat Inflation

While media coverage focuses on Bitcoin, stablecoins are halving a field day in Q2 as the primary go-to option for remittances and hedging against fiat money inflation. A new report by the crypto trading platform, eToro in partnership with The Tie stated that stablecoins have become a safe haven for both businesses and individuals for two […]

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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.

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Grayscale Director: Smart Money is Flooding into Crypto at Remarkable Rate

The widespread money printing that has come about as a result of the Coronavirus pandemic will eventually lead to massive inflation rates for fiat currencies Although the crypto market’s participants have long seen digital currencies as a way to escape the impacts of this, it now appears that “smart money” is taking notice as well The managing director for Grayscale Investments is now noting that his company’s regulated crypto funds are seeing unprecedented inflows Bitcoin […]

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Bitcoin Stands to Benefit Greatly From “Deflationary Supercycle”: Here’s How

One of Bitcoin’s main narratives is that it will greatly benefit from a period of inflation, whereas fiat money can buy less and less over time, proving the value of scarce assets. But over the past few weeks, as the macroeconomic outlook has changed, there’s been a serious discussion of an impending deflationary cycle.

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Bitcoin Bottomed Last Time This On-Chain Sign Was Seen. It Just Returned

Just days ago, Bitcoin saw its latest block reward reduction when the 630,000th block was mined into existence. This immediately lowered the inflation rate of BTC by 50%, making the cryptocurrency more scarce than gold and most fiat currencies.

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Bullish for Bitcoin: Federal Reserve branch researches “controlled rise of inflation”

On Monday, the latest Bitcoin block reward halving finally arrived, decreasing the inflation rate of the BTC monetary base by 50 percent to ~1. 6 percent — under the target inflation rate of fiat currencies and under the growth of the above-ground supply of gold.

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Bitcoin’s Annual Inflation Rate to Be Half of World Average in 15 Days

After the halving event, Bitcoin will enjoy an inflation rate much smaller than the world average for fiat currencies. Could Bitcoin’s drop in annual inflation create an increase in demand? After its halving event, the leading cryptocurrency will be much scarcer.

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How Stablecoins are Harmful to the Price of Bitcoin (BTC)

In brief: Stablecoin market capitalization has reached a whopping $8 Billion.   This value stored in stablecoins has zapped away some market capitalization from Bitcoin (BTC).   With central banks minting fiat, stablecoins are backed by currencies prone to inflation.

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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.

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2030: The End of Fiat Currencies?

Deutsche Bank has released a report arguing that the next decade could usher in the end of fiat currencies. Could their analysts be right? And what part does cryptocurrency have to play in that? Did Fiat Money Create Inflation? Imagine 2030, a special edition of Konzept, released by the research team at German banking giant […] The post 2030: The End of Fiat Currencies? appeared first on Crypto Briefing.

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US Dollar Failed as ‘Savings Technology,’ Highlighting Bitcoin

Notable Bitcoin advocate Pierre Rochard took to Twitter to stir up discussion on the fact that the US Dollar has failed as a “savings technology. ” While this obviously brought out calls of support for cryptocurrency, it is a hard truth that fiat currencies have become ineffective means of retaining value.

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Bitcoin is the solution to fiat debt, claims Bitcoin Standard author Saifedean

In a recent podcast by Preston Pysh, author and economics professor Saifedean Ammous explained how Bitcoin is the solution to get out of debt. He said that inflation is a money supply phenomenon and not collapse in demand.

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Venezuela Sets New Bitcoin Volume Record As Inflation Rises To Over 10,000,000%

The dire economic situation in Venezuela continues to drive its inhabitants to use more and more Bitcoin. Last week, the country has achieved a new all-time high trading volume and has traded more bolivars, the local fiat currency, for Bitcoin than ever before.

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Is Bitcoin Challenging the Dollar in Venezuela?

For decades now the dollar has been the go to money for countries in financial crisis to escape high inflation or in the case of Venezuela, hyperinflation. Fiat in the... The post Is Bitcoin Challenging the Dollar in Venezuela? appeared first on Trustnodes.

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President Maduro Orders Petro Transaction Desks to be Opened in Venezuelan National Bank

There is significant use of cryptocurrencies by people in first world countries for the purposes of paying for goods and services as an alternative to fiat currency and also as an investment tool. There is, however, also the use of cryptocurrencies in countries are struggling with inflation and various financial issues as not just an […]

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Bitcoin Price Continues to Rise in Venezuela

The price of bitcoin against Venezuela’s fiat currency – the Bolivar (Bs), continues to rise even with the spot BTC price taking a hit over the past few days. People living in areas of economic turmoil continue to adopt BTC as a way of escaping rapid inflation and devaluation of their fiat currency.

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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.

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Bitcoin Bulls Will Be Back In The Picture Once BTC Rallies Above $9,100

BTC slides 2. 1 percent Bitcoin is a safe haven, a Satoshi now worth more than several fiat currencies. Hardly surprising, a single Satoshi, the smallest unit of Bitcoin, is more valuable than several fiat currencies.

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ndau: How Decentralized Governance Can Make Crypto Stateless

Few cryptocurrencies can provide a long-term store of value. Some tokens are pegged to fiat, but the consistent inflation of national currencies means these are only stable for the short term. One project seeks a more permanent form of stability.

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Banks Would Panic for More USD if Halving is Done for Fiat Like Bitcoin’s Doing In Less Than 1 Year

The year 2020 will be an important year in the history of Bitcoin and indeed cryptocurrency because of the halving that is to come. On the contrary, more fiat is being printed around the world, which results in inflation.

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Bitcoin [BTC] has emerged as a better store-in-value than Peso in Argentina, claims Bitcoin Maximalist

Many countries in South America are struggling with economic frailty, with domestic fiat currencies of many falling in value under the pressure of inflation. Argentina has been one of these countries and it continues to struggle with a depreciating economy and high inflation.

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Bitcoin Price Hits All-Time Highs in These Countries, Thanks to Crippling Fiat Currencies

By CCN: If you thought bitcoin’s recovery to $8,000 was impressive, take a look at these charts below. While most traders are focused on bitcoin’s price in dollars, the recent surge has propelled bitcoin to all-time highs in Argentina and Sudan’s local currencies.

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