Tag: fiat currency

Sep 03 2021

The Transition Between Fiat And Bitcoin

Bitcoin is going to overtake fiat — and bitcoiners can make choices to best facilitate this transition.One World, Two Systems: Why Bitcoin And Fiat Must Learn To Live TogetherTwo competing economic systems eye each other warily across the ideological divide. One is based on complete state control and surveillance of its citizens; the other celebrates personal and financial freedom. The world...

Aug 29 2021

Can Crypto Replace The Dollar In Five Years? Bankers Say It Could

Crypto adoption is no longer something that is expected to happen. It is already happening. A recent survey from Deloitte has shown some interesting findings. The survey polled professionals from various finance fields about crypto and blockchains. The majority of the polled respondents answered in favor of crypto and blockchain adoption. The latest market rally has seen cryptocurrencies grow in their relevance. Each...

May 24 2021

Bitcoin And The Death Of The US Dollar

The long-awaited demise of the most destructive fiat currency in history looms on the horizon.There’s been lots of talks about the U.S. dollar losing its status as the world’s reserve currency. While most people still wonder when this is going to happen, I’m here to bring you the shocking truth: It’s already happening right in front of us. But most people fail...

May 18 2021

Bitcoin Usage Continues To Accelerate In Argentina

The country is a haven for the digital asset as it embraces the revolution of independent money.The presence of bitcoin continues to accelerate in Argentina, a country that has been severely affected by government-sanctioned anti-free market policies. Citizens of...

May 17 2021

The Fiat Mindset: Why Most Economists Don’t Get Bitcoin

Modern economists are often vehemently opposed to bitcoin and its application as money - why is this?Josef Tětek is a SatoshiLabs and Trezor Brand Ambassador.It’s a tulip mania, a Ponzi scheme, a bubble about to burst. You’ve heard it all before. And not just from your nocoiner friends: This narrative has been pushed for years by many famous economists with a...

May 05 2021

Fiat Lux: The Origins Of Modern Money

Heavily Armed Clown explores the commonly misunderstood term “fiat” alongside in-depth historical economic background.This post contains compilations of work previously written by the author and published separately.The word “fiat” is growing more aggrandized in the modern lexicon, however, despite its increasing popularity it is often...

Feb 02 2021

The USD Dam: How To Spot The Failures Of Faith And Function In Fiat Currencies

Feb 02 2021 Published at Bitcoin Magazine under tags  adoption fiat currency preston pysh

As of late, it is a regular occurrence to hear suits from the mainstream media cry out for the “need for liquidity to save us.” “But what is this liquidity that they speak of?” the average Joe may think. The ocean of monetary energy known...

Jan 26 2021

Bitcoin Is Going to Replace Fiat Currency | Here’s How It Will Be Possible

For quite a long time period it was a common practice among some investors considered to invest some of their holdings in gold or other valuable commodities. It is right to some extent as gold is a good option to save your portfolios from inflation and stock market drops. And what is an interesting thing to notice is that the same idea is...

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