2020-2-5 17:52 |
Digital Asset & Commodity Exchange and US Gold Currency together with Blockfills have partnered to launch the world’s first crypto-gold & fiat stablecoin-gold pairs market. US Gold Currency, Inc. origin »
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Gold has been used as a form of currency by very many different civilizations for a very long time. Buying gold is an excellent way of storing assets. Gold is a currency, and its value has risen tremendously in recent years.
2021-4-20 15:04 | |
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On May 1, 1933, US President Franklin D. Roosevelt outlawed gold. He declared Americans withdrawing their gold and currency from the banking system a “national emergency” and ordered banks to close to prevent the export and hoarding of gold or currency.
2020-5-3 13:53 | |
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In the investment world, institutionalization is another word for maturation. Years ago, Bitcoin status, among financial moguls, was that of a farce Internet currency mainly used by criminals on thThe post Bitcoin's spot vs institutional struggle may mimic gold appeared first on AMBCrypto.
2020-1-31 18:00 | |
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While an argument can be made either way for Bitcoin’s primary designation as a digital currency or a store of value, in the last couple of years it has evolved much more into ‘digital gold.
2020-1-31 14:10 | |
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Almost 100 years ago, industrialist and automobile magnate, Henry Ford, proposed an ‘energy currency’ to replace gold. Does Bitcoin finally fulfil some of the promise of this ‘energy currency’? Yes, according to a recent Medium post by Capriole Investments.
2020-1-29 00:00 | |
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A researcher at the MIT Digital Currency Initiative discovered that Bitcoin Gold was 51 percent attacked on January 23. Yet, in the last 24 hours, the cryptocurrency has increased by 19 percent in price.
2020-1-27 13:46 | |
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Advocates of Bitcoin (BTC) have long claimed that its long-term growth prospects would not necessarily stem from its utility as a currency, but rather from its status as a digital alternative to safe-haven investments like gold.
2020-1-9 07:30 | |
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Coinspeaker Chainlink Powering Ampleforth Protocol to Improve Upon BTC as a Reserve CurrencyChainlink’s price information to help set elastic supply policy, allowing AMPL to take on both the characteristics of fiat money and natural commodity-monies, like gold and silver.
2019-12-9 17:01 | |
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Stablecoins are cryptocurrency assets with their value tied to a specific asset, like gold or the US dollar. They serve many purposes in the industry, but an opinion piece in the World Economic Forum states that they may be able to curb the potential threat of global foreign currency reserves domination of the US dollar. […]
2019-11-29 23:13 | |
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Blockchain and cryptocurrencies are the buzzwords of the day, with many major firms and organizations across the world now looking to venture into the digital currency space. CoinShares, a digital The post CoinShares' Danny Masters claims gold is particularly suited for 'digitization' appeared first on AMBCrypto.
2019-11-23 01:30 | |
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What is the role of cryptocurrencies? While some view it as a store of value, a few others perceive it as a currency. In fact, lately, Bitcoin is being seen by many to be a safe haven or a hedge againThe post Bitcoin closer to gold, Ethereum closer to money: Chris Burniske appeared first on AMBCrypto.
2019-11-18 16:00 | |
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What is Litecoin in a Nutshell? Litecoin was created in 2011 by Charlie Lee, a former employee of Google, as a peer to peer currency for cheaper and faster transactions than Bitcoin. Litecoin is often described as silver to Bitcoin’s gold.
2019-11-16 22:11 | |
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Last week, speaking at the New York Times DealBook Conference, David Marcus, the head of Facebook’s cryptocurrency projects, called Bitcoin “digital gold,” while simultaneously arguing that the coin is not a good currency for transactions: “I don’t think of Bitcoin as a currency.
2019-11-12 20:52 | |
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Head of Calibra, the Libra cryptocurrency wallet, David Marcus, stated that bitcoin is a digital equivalent of gold and not to be considered as a currency. Per a report by CNBC on November 6, 2019, the Calibra Chief opined that BTC was not a good medium of exchange.
2019-11-9 16:00 | |
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Max Keiser is the host of the Keiser Report, and he is a well-known bull of Bitcoin. Considering his stance, it shouldn’t come as a surprise that he sees Bitcoin as a superior option to fiat currency and gold.
2019-11-7 22:32 | |
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Facebook Libra lead David Marcus doesn’t believe bitcoin is a currency. Its volatility keeps it from becoming a currency, he explained. Bitcoin is more aking to ‘digital gold’, according to the Facebook executive.
2019-11-7 15:24 | |
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David Marcus, head of Facebook’s Libra project, doesn’t see Bitcoin as a form of currency, stating that it’s digital gold. Bitcoin Not a Medium of Exchange Marcus was speaking at the New York Times Deal Book Conference in the Big Apple yesterday when he made his remarks.
2019-11-7 13:30 | |
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Red and Gold, not Red and Yellow. China is leading the race for the first central bank-backed digital currency. However, the term "backed," might not be what most people expect. The People's BanThe post China could back their digital yuan with something unexpected - Gold appeared first on AMBCrypto.
2019-11-2 14:30 | |
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Julius Baer’s chief strategist says cryptocurrencies are at a “Darwinian” stage and remain and more like gold than currency
2019-10-29 13:27 | |
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Fiat money has a surprisingly short lifespan. The almighty U. S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived.
2019-10-23 17:45 | |
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The German cryptocurrency corporation Karatbars International has fallen into public scrutiny for its alleged creation of a currency backed by gold, without having the reserves to back its claims. Media titles, including Bitcoin.
2019-10-22 06:00 | |
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Andreas Antonopoulos, the author of Mastering Bitcoin, recently spoke about Bitcoin as a medium of exchange, a unit of account, and a reserve currency during a Q&A session on YouTube. When asked about whether Bitcoin could be a standard for other cryptocurrencies, the same way Gold was for money, Antonopoulos highlighted that this was already […] The post Bitcoin remuneration questions use as medium of exchange v/s store of value appeared first on AMBCrypto.
2019-10-20 12:48 | |
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David Marcus has stated that he is a fan of the original crypto asset. The newly-appointed member of the Libra board of executives added that differences between the currency, originally detailed by Facebook in June, and Bitcoin mean that the two are not in competition.
2019-10-17 01:00 | |
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Intercontinental Exchange launching the physically delivered Bitcoin futures platform Bakkt’s disappointing performance, recording a meager 72 BTC futures contracts in the first 24 hours, has been seen as the factor that triggered the price’s crash.
2019-10-14 22:42 | |
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After a decade of unprecedented quantitative easing, the appeal of a sound currency is returning. Now, the Dutch Central Bank has reiterated some of the messages of gold bugs, stating that gold may become the basis for an economic restart.
2019-10-14 17:00 | |
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Bitcoin (BTC) is a superior currency that frees people, commented venture capitalist Tim Draper in an interview with The Bitcoin of Crypto Street. BTC frees people and is a cheaper and frictionless way to send funds globally.
2019-10-13 15:00 | |
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While Bitcoin has assumed many mantles over the years — digital gold, magical internet money and a currency for criminals, just to name a few — it has always been seen as a way out of the corrupt facets of the traditional world, be that overreaching governments or fraudulent economies.
2019-10-8 15:00 | |
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Digital gold, Bitcoin’s role in the cryptocurrency industry has quite often been speculated as some consider it to be a peer-to-peer currency while a few others view it as a store of value. The recent addition to this never-ending list is “safe haven” or hedge.
2019-10-7 03:30 | |
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Digital currency asset management company, Grayscale Investments had launched a marketing campaign dubbed #DropGold back in May this year. The campaign advocated Bitcoin as an alternative to investing in gold.
2019-9-27 02:30 | |
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As unique assets with no ties to traditional fiat currency, gold and cryptocurrencies have several similarities. Now there’s an attempt to create a new form of sound money - gold-backed crypto tokens.
2019-9-10 21:55 | |
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Bitcoin hater and gold bug Peter Schiff took to Twitter on Thursday with an interesting piece of history that he believes proves that bitcoin is even worse than fiat currency. He said: "At one time all fiat currencies were backed by gold.
2019-9-7 21:53 | |
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Bitcoin proponents have rallied round to denounce gold bug Peter Schiff after he said the cryptocurrency has proven it is not a safe haven. Schiff: Bitcoin Failed ‘Again’ In a Twitter debate on August 29, Schiff used the sudden weakness in the Bitcoin price to suggest it was an unreliable alternative investment to assets such as stocks and fiat currency.
2019-8-30 14:00 | |
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The unstable behavior of Bitcoin, its exclusive dominance causes a critical attitude towards the cryptocurrency market. Now the inevitability of currency wars has become apparent, and Bitcoin as safe haven is again being questioned.
2019-8-23 17:22 | |
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The traditional equities markets have been caught in a tailspin over the past couple of days due to increasing tensions between the U. S. and China that have escalated the trade war into a full-fledged currency war.
2019-8-8 03:00 | |
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The privacy-focused Zcash has become the next digital currency to have a “friendly” network split, with Bitcoin Gold being the first. Announced earlier this year, the fork saw the network split into two almost identical cryptocurrencies–Zcash and Ycash.
2019-7-25 11:32 | |
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The number of digital currency users has grown exponentially over the past few years. There were approximately 3 million cryptocurrency owners in 2015 but that figure more than quadrupled by 2017.
2019-7-25 11:26 | |
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Bitcoin challenging the US dollar’s worldwide supremacy seems more likely after it emerged that even the country’s biggest bank thinks the status quo cannot last. Central Banks Amassing Gold ‘Makes Sense’ In a report issued July 10, Craig Cohen, a strategist for JPMorgan Chase, said changing habits among non-US central banks are creating a real sense of unease about the dollar’s long-term status.
2019-7-24 13:00 | |
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Cryptocurrency has found itself on the center stage of the global political sphere over the past several weeks, which first began when Fed Chair Jerome Powell compared Bitcoin to gold. Shortly after this, US President Donald Trump shared his thoughts on BTC, which sparked what appears to be a regulatory crackdown on the nascent markets.
2019-7-20 03:00 | |
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Cryptocurrencies took the center stage again during Federal Reserve Chairman Jerome Powell’s second day of testimony before the U. S. Senate. Today, lawmakers expressed their concerns about the threat that bitcoin and other cryptocurrencies pose to the financial system, including the possible challenge of bitcoin replacing the U.
2019-7-12 01:02 | |
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Bitcoin’s value was borne out of its limited supply (just like Gold) of 21 million, hence the world’s oldest cryptocurrency is often touted as “digital gold”. When Bitcoin was first conceived in 2008, the world witnessed a myriad of naysayers dismissing the tech and currency, while the optimistic rooted for the crypto-asset to pave the […] The post Can Digital Gold overthrow the OG store of value, Gold and reign supreme? appeared first on AMBCrypto.
2019-7-9 03:30 | |
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Gold is money. It is and has been approved on a global scale in more than 194 countries throughout the centuries, therefore asserting itself as a form of currency. In recent times, the significance of relocating assets into a more credible form of investment which would have borne fruit has been lost.
2019-7-9 21:11 | |
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Much of the conversation surrounding Bitcoin and Switzerland in recent days is focused on the cryptocurrency showing price correlation between it and the country’s native fiat currency, the Swiss franc, which is often viewed as a “safe haven” asset for investors alongside gold and the Japanese yen.
2019-7-6 04:01 | |
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Bitcoin has had an eventful few weeks with the digital asset spiking by more than 200 percent after which it fell into the bear’s realm. This was again followed by the cryptocurrency recovering to trade above the $12,000 mark again.
2019-7-4 18:00 | |
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There has been a hot debate in the Bitcoin community if Bitcoin is supposed to be used as a currency or a store of value, but these debates calmed down when Bitcoin community started arguing that Bitcoin was a far better store of value than gold.
2019-6-30 18:30 | |
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CEO of Euro Pacific Capital and chairman of SchiffGold, Peter Schiff, has once again provided critique of Bitcoin. The self-proclaimed gold bug used the opportunity presented by today’s downswing in Bitcoin price to argue his favourite yellow metal’s superiority over the digital currency.
2019-6-28 02:00 | |
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Grayscale Investments, a company that has worth $ 1. 2 billion crypto assets under management (AUM), claims that Bitcoin today surpasses traditional fiat currency and gold as for global liquidity crisis.
2019-6-22 10:32 | |
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Still think Bitcoin is a passing fad? Here’s a news flash for you. At $8,940, it’s bigger than Russia’s monetary base. That makes Bitcoin the eighth largest currency in the world. And the price keeps on climbing… Which Countries Have the Biggest Monetary Base in the World? The answer might surprise you.
2019-6-20 23:00 | |
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By CCN Markets: Russia is continuing to explore the possibility of a gold-backed cryptocurrency for use as a cross-border settlement alternative with other countries. Under heavy sanctions from the US, the potential of a value-pegged cryptocurrency could help Russia escape from the usage of the Dollar as a currency standard.
2019-6-17 15:17 | |
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Bitcoin [BTC], the largest cryptocurrency in the market, has gone from being an electronic cash system to becoming a store of value over the past ten years. The coin has several times been termed as digital gold, with even Grayscale Investments prompting investors to drop gold and be a part of the digital currency revolution […] The post Bitcoin can be everything at once; currently it’s best at being a store of value, says Blockstream’s CSO appeared first on AMBCrypto.
2019-6-14 00:00 | |
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