Tag: fiat

Jul 26 2021

Why Bitcoin Will Usurp Fiat As The World’s Medium Of Exchange

The competition will become clearly one-sided as the black hole of value that is bitcoin absorbs everything around it.Bitcoin was never going to be a store of value… until it was. It was never going to become a reserve currency, right up until the point when major businesses and investors started converting their fiat treasuries into bitcoin. And the next thing the...

Jul 12 2021

Uphold Exchange Review: Can You Trust UpHold with Your Crypto?

Uphold has developed a unique exchange for trading both digital and physical assets since its launch in 2015. It’s known as one of the few crypto exchanges that also supports commodity trading. It even became the first-ever financial service company to publicly share its reserve holdings in real-time. The...

Jul 06 2021

Hackers Ask for $70M in BTC to Publish Decrypter

July 6, 2021 / Unchained Daily / Laura Shin Daily Bits...

Jun 25 2021

We're Living Through The First Currency System Shift In 50 Years

Jun 25 2021 Published at Bitcoin Magazine under tags  deep dive fiat janet yellen markets

With the federal government implicitly defaulting on its debt, we're living through a currency system shift.The below is an excerpt from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now....

Jun 02 2021

How to Convert Crypto to Fiat Safely, Legally, and Easily

Jun 02 2021 Published at CoinCentral under tags  articles fiat ownr wallet

How do you convert crypto to fiat? Well, despite the adamant urging of HODLers to never sell, cashing out of your cryptocurrency is a fairly simple feat. Here is some advice about cashing out your crypto to fiat, courtesy of...

May 21 2021

Everyone Who Bought And Held Bitcoin In 2021 Is Still Richer Than You

Despite ludicrous claims that bitcoin has decreased in value, those on a sat standard have been accumulating wealth at a discount.Bitcoiners need not fear — for those who have already determined that the bitcoin standard is the monetary policy for them, recent dips in nominal fiat value can only be good. You see, as determined in my previous article, “...

May 20 2021

Warren Buffet And Charlie Munger Don’t Understand Bitcoin

The two billionaires suffer from the same fiat illusion that keeps them from accepting and understanding a bitcoin standard.Why Do Munger And Buffet Criticize Bitcoin?A breakdown of Berkshire Hathaway’s top-12 portfolio holdings and their high correlation with the existing fiat financial service system.Have you ever noticed people who criticize bitcoin possess one of two key...

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 12 2021

Why Fiat Experts Don’t Get Bitcoin

May 12 2021 Published at Bitcoin Magazine under tags  culture fiat money

There are various reasons traditional experts do not understand bitcoin and thus have negative views on it.Bitcoiners And Fiat ExpertsSociety has conditioned us to listen to experts. They teach us what to eat, what to learn, how to exercise, how to raise our children and how to care for the environment. We think they know better, that they have our best...

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...

Apr 02 2021

Michael Jordan’s NFT Investment

Apr 02 2021 Published at Unchained Podcast under tags  bitcoin blackrock blockchain btc crypto

PLUS: Goldman Sachs to offer clients bitcoin! With Bitcoin hovering just below $60k and Ethereum sitting just under $2k, it looks like April could be another bullish month in the crypto industry. In lieu of a typical introduction summarizing the week’s news, I am going to embed a tweet from the @Unchained_pod, the new Twitter handle for all Unchained content. Click the link...

Mar 30 2021

The Dollar Regains Lost Ground, But Bitcoin Yet To React

Mar 30 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin price is once again approaching current record highs, and now that the momentum is back in favor of bulls, new all-time highs could soon be just ahead. While this is mostly nothing new for the leading cryptocurrency by market cap, the recent rally back to local resistance has happened all while the dollar has strengthened significantly. What exactly does this mean for...

Mar 29 2021

Visa Partners with Crypto.com to Allow Fiat Transaction Settlement on Ethereum

The credit card issuer's partners will have the ability to exchange USD Coin (USDC) through its payments network.

Mar 11 2021

“Dark Horse of DeFi” Bancor Adds Fiat Ramp

Mar 11 2021 Published at Crypto Briefing under tags  bancor defi fiat technology

After quadrupling its Total Value Locked (TVL) in the last 30 days, Bancor announced a flurry of upgrades--including a fiat on- and off-ramp. The Latest Updates Are Painting a Bullish Picture While Bancor is...

Feb 23 2021

Financial Vampirism And Bitcoin

2020 was an unprecedented year in financial engineering. Unprecedented and yet… totally predictable if you pay attention to the right metrics....

Financial Vampirism And Bitcoin

A vampire has taken complete dominion over capital markets, but Bitcoin will be a stake through its heart.Ransomware-as-a-service, intricate phishing scams, cryptomining...

Dec 09 2020

Bitcoin ‘Making Progress’ on Bid to Oust Dollar, Morgan Stanley Chief Global Strategist Says

Dec 09 2020 Published at CoinDesk under tags  fiat inflation morgan stanley news people

Bitcoin's success should force governments to grapple with falling public trust in fiat currencies.

Dec 04 2020

The Many Reasons Why The Dollar Could Soon Put A Damper On Bitcoin Bullishness

Dec 04 2020 Published at Bitcoinist.com under tags  bitcoin btc btcusdt btusd crypto

Bitcoin has just set a new all-time high, is trading just below $20,000, and is more bullish than its ever been as the digital narrative takes hold during the tail end of the pandemic. But as the top cryptocurrency is directly opposed to the dollar, it is especially sensitive to extreme movements in the global reserve currency. The flight to cash caused Black...

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