Bitcoin Use Soars in Zimbabwe After Overseas Currencies Ban
Peer-to-peer Bitcoin change of LocalBitcoins has continued to soar after the Zimbabwe authorities carried out a ban on overseas forex transactions.
Zimbabwe: Bitcoin or Bust
As reported by Quartz Africa, Peer-to-peer...
Back to Basics: What Is Money?
Our current economic system can be compared to a merry-go-round that has us consuming, trapped in debt and spending as quickly as we earn. What is fiat currency? Why do...
Venezuelans Remain Skeptical After President Maduro Raises Petro’s Value
Venezuelan President Nicolas Maduro’s move to increase the price of the petro, the country’s oil-backed cryptocurrency, has sparked intense debate. Experts and tech-savvy Venezuelans alike are less than enthusiastic...
$9 Trillion in Stimulus Injections: The Fed’s 2020 Pump Eclipses Two Centuries of USD...
Since September 2019, research shows the Federal Reserve has pumped over $9 trillion to primary dealers by leveraging enormous emergency repo operations. A recently published investigative report shows the...
Bank’s Refusal to Release $1.2B of Venezuelan Gold Strengthens the Case for Bitcoin
Venezuela’s economic crisis is impossible to ignore. President Nicolás Maduro’s attempt to withdraw $1.2 billion of the country’s own gold from the Bank of England (BoE) has been rejected. The notion...
US Greenback Mirrors 1920s Weimar Republic Hyperinflation In opposition to Bitcoin
The Bitcoin worth in US {dollars} has begun exhibiting a pattern which intently mimics the value historical past of Germany’s Papiermark throughout hyperinflation.
In opposition to Fiat, Bitcoin Follows Gold’s...