Tag: hyperinflation

The United States government is likely to back the dollar with bitcoin in order to protect its status as issuer of the global reserve currency.This is an opinion editorial by Luke Mikic, a writer, podcast host and macro analyst.This is the second part in a two-part series about the Dollar Milkshake Theory and the natural progression of this to the "Bitcoin...

It’s time to visit Oslo one more time. Bitcoinist keeps mining The Human Rights Foundation’s Oslo Freedom Forum for the content all those other bitcoin sites are not interested in. We are talking about real life here, and we already went to the well a few times - one...

Zimbabwe, currently faced with incredible inflation and tough sanctions, could massively benefit from increased adoption of the open network of Bitcoin. The Small Steps To Resilience...

The Responsible Financial Innovation Act offers clarity around Bitcoin-related terms and could incentivize bitcoin mining with renewable energy.Listen To The Episode Here:Apple...

The long-standing claim that bitcoin is a hedge against inflation has come to a fork in the road as inflation is soaring, but the bitcoin price is not.This is an opinion editorial by Jordan Wirsz, an investor, award-winning entrepreneur, author and podcast host.Bitcoin’s correlation to inflation has been widely discussed since its inception. There are many narratives...

Lebanon’s bloated government sector and currency hyperinflation are prime examples of why bitcoin has a use case in the destabilized country.Thomas Semaan is a finance and economics enthusiast. He launched an Arabic speaking podcast about Bitcoin, economics and Lebanon. Thomas is also an active member of the Lebanese and Arab Bitcoin community.Behind the destroyed, unlit roads and...

On a zoomed-out scale, the U.S. dollar has been rapidly inflating against bitcoin since the time one bitcoin reached parity with one dollar in 2011.It is my fervent wish that hyperinflation never reaches our shores. The probability that we will avoid that outcome is extremely slim. Put another way, our chances of experiencing hyperinflation are extremely high; the only question is timing....

During Bitcoin 2022, a group of high-net-worth investors gave insight into the perspective of whales and their future in the bitcoin market.Highlighting the perspective of “whales,” bitcoin investors with access to significant amounts of fiat capital to inject into the market, a slew of high-net-worth Bitcoiners spoke to attendees of the Bitcoin 2022 conference in a panel titled “Billionaire Capital Allocators.”...

As signs of hyperinflation in the U.S. continue to appear, our society will suffer in numerous ways. Those who choose bitcoin will have some protection.The greatest trick the government ever...

Increasingly expensive groceries, wages unable to keep up and desperation amongst the people are proof of the necessity of decentralized currency.Turkey is a cautionary tale and perhaps a harbinger of things to come for other countries with weakening currencies. The Turkish lira has fallen by nearly...

"Weimar signs" that the fiat money system is entering hyperinflationary territory keep appearing, making the case for bitcoin.We've been keeping track of...

The more things change the more they stay the same; our modern inflationary currencies are beginning to mirror that of Weimar.In the early 1920s, the value of the papiermark (the native currency of the Weimar Republic of Germany) lost almost all of its purchasing power, causing tremendous instability within Weimar for many years as society tried to wrestle with the fact that...

The technical genius behind Apple, Steve Wozniak AKA The Woz, visited Yahoo! Finance to talk about everything under the sun. They titled the post “Steve Wozniak on accepting crypto pitches in ‘Unicorn Hunters’,” even though only the last few minutes were about...

Despite inflation being most commonly cited as the reason for Bitcoin’s price appreciation, there are other factors at play.What do Peter Schiff, gold bugs, the financial media and many bitcoiners have in common? It is the shared belief that "money printing" is to blame for many, if not all, of the increases in price that plague our economy. While it cannot be...

A film about a thief and a princess is intertwined with an all-too-familiar inflationary ideology.*All images in this article are from Hayao Myazaki’s “The Castle Of Cagliostro.”The lowering of a fiat curtain sealed off all connections to a hard money standard and our global economy has sunk knee-deep into a bog of fiscal uncertainty, mooched by money-sucking mosquitos à la fractional...

Many contributing factors have led to a rise in inflation, which bitcoin offers an escape from.The world is breathing a sigh of relief as things normalize after Covid-19 pandemic devastation. Governments are lifting lockdowns, restrictions are being relaxed, and the economy is slowly returning to a semblance of normality. As a result, consumer spending is on the rise. Inflation Is On The...

In a world where capital misallocation is rampant, the sovereign store of value that is Bitcoin offers hope.On July 13 at around 8:30 AM EDT, the Consumer Price Index (CPI) report for the month of June dropped. According to the report, consumer prices...

Historically, hyperinflation is a positive feedback loop of free money, illusionary wealth and greed.Almost two thousand years before the early 1920s Weimar Germany hyperinflation, there was the great currency debasement of the Roman Empire....

Let’s finish the 4th chapter once and for all, book lovers. As promised, we’re going to take government money to court and analyze its track record. How do you think it did? We’ll also analyze the hyperinflation phenomenon, which as it turns out, “is a form of economic disaster unique to government money.” How does it work? You’ll know by the...

DAFI Protocol is reinventing how decentralized networks reward their participants. Interestingly, it is being built to be capable of reinventing every decentralized network by changing the reward model distribution for staking, nodes, and liquidity providers. The excitement about this shift is so high that within one week of enabling pre-staking on BitMax, over 40 million DAFI stood staked. While the staking numbers are...