Cryptocurrency is actually terrible for battling inflation, data shows

Cryptocurrency is actually terrible for battling inflation, data shows
фото показано с : thenextweb.com

2018-9-11 19:40

Cryptocurrency is often floated as a failsafe for floundering economies. When faced with economic instability, blockchain evangelists are often quick to prescribe Bitcoin (or some other altcoin) as a means of alleviating hyperinflation by being more stable than the local currency.

But which is best suited for the task? Turns out, it’s none of them. According to data from blockchain research unit Diar, no cryptocurrency wields the power to pull nations out of financial turmoil. Indeed, most coins – even established ones like DASH and Litecoin – suffer from arbitrary supply inflation or massive degradation in purchasing power. This means that…

This story continues at The Next Web

.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Global Cryptocurrency (GCC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0012994 (-100%)

cryptocurrency means power blockchain out data inflation

cryptocurrency means → Результатов: 126


Cryptocurrency Merchant Payments: How To Accelerate Mainstream Usability?

The Cryptocurrency market has only increased in popularity since its humble beginnings in 2008. That popularity hasn't changed the fact that it continually causes commotions for everyone, from major companies and governments, to its holders and merchants that want to use it as a means of transaction. The latter makes for a critical discussion about […]

2018-8-14 11:21


Фото:

Create an Unforgettable Wallet Seed by Building a Memory Palace

A 12 or 24-word recovery seed is the key to your cryptocurrency wallet. That’s why, upon creating it, you’re prompted to write it down and store it in a safe place. But what if you didn’t have to write it down? What if there was a virtually failsafe means of committing those words to memory, […] The post Create an Unforgettable Wallet Seed by Building a Memory Palace appeared first on Bitcoin News.

2018-8-13 14:50


Tokeneo ICO (TEO Token): Community-Based Cryptocurrency Exchange?

What Is Tokeneo? Tokeneo is building a unique crypto trading platform in which investors are regarded as partners and thereby have an input in how the ecosystem develops share in its successes. The fundamental idea behind this project is the fact that current market solutions are inadequate and mostly superficial, which means there is a willing […]

2018-8-10 14:27