The IMF and World Bank do not seek to fix poverty, but only to enrich creditor nations. Could Bitcoin create a better global economic system for the developing world?
The incentives of the fiat system have broken charitable giving, but Bitcoin offers a chance to make real impact without virtue signaling.
Fiat money leads to a degradation of incentives, creating a society motivated only by the consumption of resources and zero value production.
The problems of today are constantly criticized under the label of capitalism, but fiat money has warped free market interactions.
Countries around the world are tightening restrictions on their citizens’ bank accounts. Bitcoin is the best way for people to protect their money.
Bitcoin is freedom money that exists for the people, by the people and of the people.
19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down to today’s $44.93 billion. Statistics show that during the last three months, USDC’s market valuation has dropped by more than 19%, shedding approximately $10.59 billion. […]
While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13, the fiat currency is rising again and market strategists from Citi argue that the […]
Bitcoin has enabled the plebeians to instigate generational change without needing a legendary catalyst figure.
Experts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency that could lower Asia’s reliance on the greenback. The initiative comes against the backdrop of an expanding digital yuan pilot, and after recent trials of cross-border payments with state-issued digital currencies in the region. China Suggests Minting Asia-Wide […]