Hyperinflation and Rent Controls – 2020’s Telltale Signs of Economic Distress Haunts Many Nations
If history serves us well, 2020 is likely a precursor to a long and dreadful economic depression throughout a myriad of countries worldwide. During the last year, economists and...
Mark Cuban Wants an Expiration Date on Stimulus Checks: Critics Says Proposal Is Right...
U.S. billionaire Mark Cuban wants the next stimulus check to come with an expiration date in order to force Americans to spend the funds. The businessman believes this “use...
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...
Bitcoin Worth Hits $76,000 on Zimbabwe LocalBitcoins
Bitcoin is buying and selling at an eye-watering 600% premium in Zimbabwe, because the nation’s oppressive financial coverage drives native traders in the direction of the decentralized ‘safe haven’...
Just Because Cryptocurrency Isn’t ‘Legal Tender’ Doesn’t Make It Illegal
Central bank warnings about crypto assets may give the impression that cryptocurrency is illegal, especially since these entities often cite reasons as to why they’re uncomfortable with virtual currencies...
Cryptocurrency Adoption Rising in Iran as Government Mismanages Economy
Iran is toying with the idea of lopping zeros off its national currency as inflation goes through the roof. History tells us this is rarely a good idea. Cryptocurrency...
Governmental Overreach in Developing Nations Will Hasten Hyperbitcoinization
For bitcoin idealists, the coming utopia for global finance stars bitcoin dismantling the fiat hegemony, empowering citizens to own their money without central bank mediation, and facilitating borderless trade....
Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own Economy
A shutdown of the internet by the Zimbabwe government this week, in an attempt to quell deadly protests, ended up achieving the exact opposite result – a total shutdown...
Thousands of Banned Binance Customers Remain Cut off by the Exchange
Binance, the world’s second largest digital asset exchange by traded volume, has withdrawn its services from countries targeted by U.S. economic sanctions, in line with its controversial revised terms...
Embracing Utility in 2019: Unreliable Crypto Networks Will Lose to Hyperbitcoinization
Cryptocurrencies started gaining significant mainstream attention in 2017 and speculation brought coin values to unseen levels, before quickly deflating. Now, after a decade, it seems this technology is entering...