2023-9-17 12:57 |
Financial author and entrepreneur Robert Kiyosaki has declared end of fiat money as we know it, advocating for future where cryptocurrencies reign supreme
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The Financial Times is unhappy with the entrance into mainstream of fiat money to describe the dollar, with Brendan Greeley, a contributing editor at FT, arguing “currencies are not memes...
2021-7-6 20:20 | |
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Co-Founder and partner at Morgan Creek Digital, Anthony Pompliano has fired back at the Ethereum community for saying ETH is money. On his Off-chain page on Substack, Pompliano said ETH is no different than any fiat currency because it shares certain characteristics with fiat money that makes it more similar to fiat than it is […]
2020-3-4 00:25 | |
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Jimmy Song, a well-known Bitcoin Core developer, discussed with Chedder why Bitcoin would improve civilization more than compared to governments, NGOs, and charity. Song first introduced the fiat system and claimed that a great deal of money goes to large government and businesses.
2018-10-30 10:02 | |
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Ever since cryptocurrencies broke into the world of finance and revolutionized it, they’ve been highly praised and pitched against fiat money most of the times. Cryptocurrencies and fiat currencies have many differences between them, but a more general one is that fiat currencies are inflationary, which sees money supply increase every year, whiles majority of […] The post Why Cryptocurrencies Can Never Replace Fiat Money appeared first on ZyCrypto.
2018-10-30 20:16 | |
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The central bank of Sweden, Riksbank, has been toying with the idea of using the digital money for a while now, as it needs to adapt its increasingly cashless society. Because of this, the government is currently with plans to launch a new cryptocurrency called e-Krona.
2018-10-27 18:41 | |
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Visa CEO Al Kelly appeared on CNBC’s Mad Money with Jim Cramer on October 25th, 2018 and stayed confidently that Bitcoin and other cryptocurrencies are no threat to the global payment giant’s industry dominance.
2018-10-27 23:45 | |
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Cryptocurrencies expanded all over the world. They were able to attract investors and enthusiasts. At the same time, it has also led some experts to believe that cryptocurrencies could replace fiat money or completely change the financial world.
2018-10-25 22:17 | |
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IBM and the Official Monetary and Financial Institutions Forum (OMFIF) have released details of a joint investigation into the effectiveness of central bank digital currencies (CBDCs) as a replacement for government-issued fiat.
2018-10-25 16:54 | |
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MamboCoin a single cryptocurrency will be used in order to simplify all payment transactions. At the same time, the project does not exclude the use of fiat money. They will be converted automatically into mbc and the calculation on the platform will be carried out in the cryptocurrency.
2018-10-25 04:33 | |
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Utility billing and payment services provider Novatti is launching a new Australian dollar (AUD)-backed stablecoin known as the Novatti AUD Utility Token on the Stellar Network.
2018-10-25 20:58 | |
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Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.
2018-10-24 19:38 | |
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In 2009, Bitcoin was ushered in as an alternative to fiat currency, promising to revolutionize the future of peer-to-peer spending. Since then, it has spawned scores of other cryptocurrencies with various value propositions and potential.
2018-10-22 17:11 | |
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Before discussing specific stablecoin names, it is important to understand the three types of stablecoins that currently exist: centralized IOU stablecoins, crypto-collateralized stablecoins, and non-collateralized stablecoins.
2018-10-22 16:00 | |
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Cryptocurrency, Investing–Cryptocurrency has long been under attack for a number common faults found with the industry. Many economists, including Nobel Prize winning academics, focus on the viability of crypto as a source of money as an alternative to traditional fiat.
2018-10-19 03:34 | |
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According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U. S. District Court for the Southern District of Florida against BitConnect.
2018-10-19 22:58 | |
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Cryptocurrency–Along with the security offered through blockchain projects and the improved efficiency of digital payments, one of the core features of cryptocurrency has always been in the decentralized governance of the technology.
2018-10-18 06:51 | |
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Ripple is building on its success and consolidating itself as the “bridge” between the blockchain ecosystem and traditional fiat money based payment processors. During the Swell Conference, after announcing the public release of xRapid, the Ripple team commented that there were already three important global payment processors already making real use of this technology.
2018-10-18 02:50 | |
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A woman suing for 62,500 Canadian dollars ($48,125) sent to a phone scammer over a bitcoin ATM has lost her court case, local media reported. On Friday, Charlottetown Provincial Court chief judge Nancy Orr ruled that the fiat money deposited by the woman into the teller machine belonged to Instacoin ATM Canada Inc.
2018-10-13 09:15 | |
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LBXPay – LBX’s New Crypto Payment Account On October 10, the London Block Exchange (LBX) announced the launch of their new digital currency payment account called LBXPay. The role of LBXPay will be to act as a platform through which small enterprises and ICOs can store, manage and transfer both fiat money and digital assets. […]
2018-10-11 22:35 | |
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Chart for BTC/USD (1W) Bitcoin (BTC) hodlers have held on to their horses during the bear trend. They have refused to give in to market pressure. In fact, most hodlers are holding at more than 70% losses.
2018-10-10 17:00 | |
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The pursuit for cryptocurrency adoption seems to focus on three major cryptocurrencies, Bitcoin, Bitcoin Cash and Litecoin. Indeed, this isn’t to disregard the likes of XRP and Stellar, both of which also provide a solid use in mainstream society, however in terms of worldwide societal adoption, Bitcoin, Bitcoin Cash and Litecoin tend to be the go-to currencies.
2018-10-10 16:30 | |
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Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December.
2018-10-10 22:30 | |
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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-8 21:30 | |
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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-10 21:30 | |
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There are many ways to buy or exchange cryptocurrency for fiat money: exchange services, crypto exchanges, as well as exchanges through private individuals. Unprotected transactions and high commissions are the first thing that digital gold owners can face, as well as people who are just making their first steps into the cryptocurrency world.
2018-10-4 08:49 | |
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CFTC chairman J. Christopher Giancarlo said Bitcoin and other cryptocurrency isn’t going anywhere - even if it fails to replace fiat money.
2018-10-4 20:07 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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World’s First Decentralized ICO Platform Best Payments solution for ICO projects. CoinFast want to create the easiest way for people to participate ICO securely. We always work hard to be the best solution available on market ICO payment gateway is is a decentralized payment solution that helps ICOs accept payments in 80+ cryptocurrencies and fiat money (USD,EUR) ICO service allows you to create a fast and targeted ICO Platform with all the features required for the successfully launch of an ICO CoinFast is an innovative tech company, aiming to provide secure and convenient software solutions for ICOs.
2018-10-3 16:59 | |
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Eurocoinpay creates a new model of open and collaborative economy in which the Community accesses fintech services in a decentralized system, free and free of commissions. Eurocoinpay is a solution capable of meeting the customer demands and bringing real usability to cryptocurrencies on your day-to-day expenses.
2018-10-2 00:50 | |
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In an unexpected move, the privacy-oriented Samourai Wallet development team has decided to take the first step toward a world in which cryptos replace traditional fiat money and removed balance expressions in fiat.
2018-9-29 21:06 | |
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Welcome to another weekend filled with tales of cryptocurrency intrigue. From shameless Bitcoin anniversary cash-ins to exaggerated claims of crypto money laundering, the Saturday edition of The Daily covers the good, the bad, and the greedy.
2018-9-29 15:05 | |
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Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.
2018-9-29 01:06 | |
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It’s pretty common to see Bitcoin compared to FIAT and XRP compared to FIAT in the argument over which is the best for the facilitation of money transfer, however it’s pretty rare that we see XRP compared with both Bitcoin and FIAT at the same time.
2018-9-27 17:30 | |
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One of the partners at Arrington XRP Capital Michel Arrington recently weighed in on the persisting tribalism in the crypto community. He went further to highlight the reason his hedge fund has chosen XRP as its payment medium.
2018-9-27 15:29 | |
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Boston-based cryptocurrency finance firm Circle has just joined the multitudes of other crypto exchange platforms now issuing and trading their own stablecoins. As of September 26, 2018, dollar-pegged USDC is now trading on Poloniex, the crypto-to-crypto exchange Circle acquired in February 2018, and on Circle Trade, the company’s over-the-counter (OTC) platform.
2018-9-27 20:50 | |
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It’s no secret that DApps have struggled to achieve adoption; in fact, according to stateofthedapps. com, the most popular DApp currently has just 1,811 daily active users (DAUs).
2018-9-27 20:05 | |
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Morgan Creek Capital Management, the American asset manager claims in its second quarterly market outlook that cryptocurrencies will replace fiat currency eventually. What Does the Report Say? The second quarter market outlook report by Morgan Creek states that investors will remain interested in digital currencies.
2018-9-25 16:49 | |
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In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world.
2018-9-27 21:21 | |
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The State of Colorado recently released a special guidance that will eliminate the need for money transmitting licenses in crypto exchanges in cases when no fiat currencies are being involved. No Fiat Used — No License Needed Only days ago, on September 20th, a new interpretive guidance regarding the Colorado Money Transmitters Act’s applicability was.
2018-9-23 16:26 | |
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If a recent interview from a Duke professor is something to go by, the U.S. national fiat currency could soon be replaced by a national cryptocurrency. Per a report published by The Chronicle, dated September 19, 2018, Duke Fuqua School of Business’ professor, Campbell Harvey, not only believes that the United States should create a national cryptocurrency, but concludes that...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.
2018-9-22 23:00 | |
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Texas Securities Commissioner Travis J. Iles has issued emergency ordinances against three separate fraudulent cryptocurrency schemes linked to Russian scammers. The orders were issued on September 18, 2018, against DGBK Ltd.
2018-9-20 00:05 | |
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While Bitcoin critics claim the cryptocurrency is too expensive to use for transactions, data from Bank of America (BoA) shows traditional fiat transfers cost 6000 times as much. $90K Transfer: $45 With A Bank, 75 Cent With Bitcoin BoA, along with other domestic US institutions, makes use of the Federal Reserve’s money transfer network FedWire, which charges them a maximum of 83 cents to process a payment.
2018-9-20 00:00 | |
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Since the inception of cryptocurrency, some critics have dubbed it “just another fiat money. ” This has been the wail of anti-crypto combatants. They have succumbed to grasping at straws in order to manufacture any rebuttal against the thing they loathe.
2018-9-19 22:25 | |
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In April 2018, former New York Attorney General Eric Schneiderman sent off inquiries to more than a dozen cryptocurrencyexchanges to learn more about their internal operations.
2018-9-19 02:06 | |
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Changpeng Zhao, CEO of cryptocurrency exchange platform Binance, slipped Saturday, Sept. 15, that his company would be launching a fiat cryptocurrency exchange in Singapore today. I just slipped that we will begin #Binance Singapore fiat exchange live money closed beta testing on Sept 18th, in 3 days.
2018-9-18 10:00 | |
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One of the biggest problems facing crypto is the barriers to entry. Although blockchain transactions are easy enough, getting your money on the blockchain is a different story: buying a new token with fiat can involve two or three sets of transactions, not to mention the KYC and requisite finger-crossing while you wait to find […] The post Bitfinex Announces Two New Dexes appeared first on Crypto Briefing.
2018-9-17 19:07 | |
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Во вторник, 18 сентября, крупнейшая по объемам торгов биткоин-биржа Binance запустит в Сингапуре закрытое бета-тестирование новой торговой платформы с поддержкой фиата. Соответствующее заявление глава Binance Чанпен Чжао сделал в минувший уикенд, отметив, что тестирование будет доступно только по инвайтам.
2018-9-17 09:58 | |
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Во вторник, 18 сентября, крупнейшая по объемам торгов биткоин-биржа Binance запустит в Сингапуре закрытое бета-тестирование новой торговой платформы с поддержкой фиата. Соответствующее заявление глава Binance Чанпен Чжао сделал в минувший уикенд, отметив, что тестирование будет доступно только по инвайтам.
2018-9-17 09:26 | |
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Mario Draghi, President of the European Central Bank (ECB), said that the authority does not see a “concrete need” for a digital token alternative to the euro, according to Reuters. No Time for Crypto Highlighting the stability of fiat money and the infamous volatility of cryptocurrencies, Draghi told parliament members that a lack of robustness […] The post No, the EU is Not Issuing a State-Backed Cryptocurrency appeared first on CryptoSlate.
2018-9-16 22:00 | |
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