Most Americans would like to see their monetary system change, according to a study conducted on behalf of Coinbase.
Category: Fiat
BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance
After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with a market cap of around $11.12 billion, compared to the meme […]
Brazil And Argentina Don’t Need A Common Currency, They Need Bitcoin
Brazil and Argentina are considering a common trading currency, but that would just perpetuate the economic problems that Bitcoin could solve.
Nigeria’s Cash Chaos Is Reaching A Boiling Point, Underscoring Need For Bitcoin
As Nigerians protest over the inability to withdraw cash, it should be clear that the country needs a Bitcoin alternative.
Fixing The Incentives: Fiat Money Fuels Broken Corporations
The broken incentives driven by fiat money props up large corporations, keeping workers unproductive and stifling entrepreneurial innovation.
Fixing The Incentives: The Fiat Treadmill Keeps Us From Storing Value
By eliminating reasonable stores of value, the fiat economic system incentivizes us to seek debt, hope for luck and take on other poor habits.
Fiat Ruins Work But Bitcoin Rewards Those Who Add Value
How have Big Tech companies laid off so many with no consequences to their operations? Because fiat incentivizes meaningless rent seeking.
Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China
A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean exchanges compared to Western trading platforms, is strongly associated with a surge in international remittances to China. Examination of Overseas Remittances to China Uncovers Strong Correlation with South Korea’s ‘Kimchi Premium’ According to a study […]
Choose Your Fighter: Bitcoin Maxis Vs. Fiat Maxis
Using the “choose your fighter” paradigm popularized by video games, we can compare Bitcoin and fiat and determine a winner.
Car Manufacturer Maruti Suzuki Launches Metaverse Showroom Experience in India
Maruti Suzuki, one of the biggest car manufacturers in India, has announced that it is taking its customer retail experience to the metaverse. The company announced on Jan. 1, it would launch a VR (virtual reality) network for its Arena showroom series, allowing its users to experience the Maruti Suzuki Cars online or via authorized […]