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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Bitcoin price just set a new all-time high against the US dollar and other top global fiat currencies. But what might be even more significant, is the fact that the gold standard itself is breaking down against BTC after this latest rally.
2020-12-2 18:00 | |
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Author of fan favorite “The Bitcoin Standard” Saifedean Ammous discusses his new book “The Fiat Standard” and issues in the legacy system. The post Video: “The Fiat Standard” With Saifedean Ammous appeared first on Bitcoin Magazine.
2020-11-26 20:14 | |
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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 | |
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On Tuesday, Paxos announced the launching of a fresh feature which will enable customers to instantly wire transfer money from different deposit bank accounts directly to Paxos Standard as well as Binance USD.
2020-1-22 01:26 | |
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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 | |
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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 | |
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Bitcoin will not end up under government control as a result of buying out major bagholders, says one of the industry’s best-known experts. Ammous: Bitcoin Hodlers Won’t Sell As part of a Twitter debate beginning on October 28, ‘The Bitcoin Standard’ author Saifedean Ammous challenged the idea rogue actors would crash Bitcoin in future.
2019-10-29 14:00 | |
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Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD.
2019-10-14 08:00 | |
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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 | |
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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.
2019-9-10 05:03 | |
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Ripple CEO Brad Garlinghouse has made his stance on Facebook’s cryptocurrency project Libra very clear, follow the rules. On July 17, Garlinghouse tweeted that the social media giant's “goal to create a new fiat currency” should be held to the same standard as any other regulated financial institutions.
2019-7-19 19:30 | |
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At present, there are many obstacles that prevent the purchase of goods with cryptocurrency if the holder does not convert to fiat currency. Adopting many crypto payment networks such as AIGO-Payment can result in cryptocurrency holders being able to transact directly with traders without having to go through additional banking layers.
2019-7-6 10:33 | |
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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 | |
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Cinemadrom this is a combination of many people and areas of activity in one ecosystem. For filmmakers this is Hollywood online. For investors, these are new tools. For the crypto community, this is a new blockchain technology, a new coin for mining, trading, transfers.
2019-5-21 22:27 | |
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Bitcoin is a peer-to-peer payment system created in 2009. It is the first open source digital currency, managed by an open source software algorithm that uses the global internet network both to create the Bitcoins as well as to record and verify transactions.
2019-5-15 01:47 | |
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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 | |
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Grayscale Investments is weighing in on the gold versus bitcoin debate. Its two sats? Drop the bars, buy the bits (and the dip). The Digital Currency Group off-shoot has launched a “Drop Gold” campaign that encourages investors to ditch the old asset for its digital counterpart, bitcoin.
2019-5-2 23:21 | |
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Coinspeaker Paxos is All Set to Issue $100 Million of PAX Stablecoins on Ontology BlockchainPaxos Standard (PAX) stablecoin is to become available on the Ontology’s blockchain network in May to facilitate fiat transactions.
2019-4-29 13:34 | |
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Vladislav Ginko, semi-famous for making lots of people in the crypto space believe that Russia was going to buy a massive amount of Bitcoin, took to Twitter recently to tell us all that the standard market capitalization metrics and “pricing in fiat” makes no sense.
2019-4-9 21:02 | |
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The cryptocurrency has been listed for public sale after a private investment was received. SINGAPORE, FEBRUARY 23, 2019 — Blockchain company Triip announced today that it has put its TriipMiles (TIIM) token up for public sale.
2019-2-27 15:22 | |
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October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency.
2019-1-3 07:14 | |
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Yesterday, an auction was held by cryptocurrency and blockchain artist @cryptograffiti for a piece titled “black swan,” which the artist made using “fiat and counterfeit detector pen ink.
2018-12-21 20:15 | |
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Cryptocurrency exchanges Bitfinex and Ethfinex now support trading for all six of the market’s major stablecoins. Adding to its support for MakerDao’s Dai and Tether’s USDT, the sister platforms recently listed USD Coin (USDC), TrueUSD (TUSD), Paxos Standard Token (PAX) and Gemini USD (GUSD).
2018-12-4 21:02 | |
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The energy costs of bitcoin mining are often cited as canceling out the. We must also consider the savings made, in avoiding some of the hidden costs of the alternative. Gold Standard Critics of gold originally made the same arguments — that the mining and storage cost of gold meant paper money was more economical.
2018-11-22 08:00 | |
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Bitcoin payment platform BitPay is now going to allow payments with the Paxos Standard token (PAX), which it calls “the fastest growing stablecoin and the highest trading volume of any U.
2018-11-22 00:25 | |
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Binance — one of the most popular digital currency exchanges across the globe — has announced that it will be adding the fiat-collateralized stablecoin USD Coin (USDC) to its trading platform on November 17, 2018.
2018-11-15 21:11 | |
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Binance Uganda, the Ugandan version of the world crypto exchange in the world, has recently announced that it would open two new trading pairs in November 15. The pairs will be available from 10 am (EAT) onward and will be Binance Coins vs fiat (BNB/UGX) and Paxos Standard tokens vs fiat (PAX/UGX). Binance Uganda Will […]
2018-11-14 22:50 | |
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Twelve new companies are joining the ecosystem for USD Coin (USDC) and we are removing fees for the redemption of USDC. This follows last week’s announcement that Circle and Coinbase co-founded the CENTRE Consortium, a joint venture aimed at establishing a standard for fiat on the internet and providing
2018-11-2 22:47 | |
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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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Circle and Coinbase have co-founded the CENTRE Consortium, a joint venture aimed at establishing a standard for fiat on the internet and providing a governance framework and network for the global, mainstream adoption of fiat stablecoins.
2018-10-30 19:03 | |
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The stablecoin trio of Paxos Standard, Gemini Dollar, and USD//Coin have surged ahead in trading volume and adoption shortly after launch, indicating that investors and businesses alike look for reputed options to store the digital equivalent of their fiat balances.
2018-10-18 10:00 | |
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TrueUSD, Paxos Standard Token, Gemini Dollar, and USD//Coin became the four newest coins to be listed on OKEx. The four stablecoins have been added to fulfill the rising demand for stablecoins in the market.
2018-10-18 21:19 | |
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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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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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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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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 | |
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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 | |
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Companies and projects wishing to attract the best and brightest young talent need to offer bitcoin salaries. A recent survey of cryptocurrency enthusiasts found that 66% of the community would prefer to receive their wages with these new assets than fiat.
2018-9-12 17:05 | |
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Right on the heels of the Winklevoss twins’ enterprise announcement that Gemini will be matching cryptocurrency and fiat finances dollar-for-dollar with its new stablecoin, New York-based Paxos joins the realm of federally regulated crypto assets.
2018-9-11 14:00 | |
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Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD).
2018-9-11 01:58 | |
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In a message on GEAR Token’s website, iconic political talk show host Larry King says that global climate change is threatening humanity’s existence and is “a potentially catastrophic issue from the combustion of fossil fuels .
2018-8-13 18:08 | |
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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 | |
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When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong.
2018-7-14 19:30 | |
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The primary provider of fiat backed digital tokens, Tether, has brought on a Leonardo Real, the former AML quality control manager at the Bank of Montreal, as Chief Compliance Officer (CCO). The hire was reportedly made “in order to create the gold standard for regulatory compliance” in the cryptocurrency sector.
2018-7-13 12:40 | |
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Prizes include standard fiat payouts, but the show is also offering prizes in bitcoin cash (BCH) and even silver bullion. Also read: Star Trek Icon Joins Bitcoin Mining Revolution Game Show Offers Prize Money in Bitcoin Cash A recent announcement blogged by famed UK financial guru, Dominic Frisby, explained he “is host and quizmaster in
2018-6-18 16:51 | |
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| Analogue Notcoin - TapSwap |
Anthony Scaramucci joins the “Bitcoin Magazine Podcast” to talk about Bitcoin and its role in reforming American fiscal and monetary policy.