Tag: inflation

There is division in the Bitcoin community amid the massive spike in CPI (Consumer Price Index) in the United States. This division arose as the community argues whether BTC is now a hedge to inflation. According to Business Insider, the CPI had its biggest one-month increase for over thirteen years. CPI is an indicator that calculates the average difference in price that consumers...

This letter addresses the ideas proposed by Dr. Carney in his videos, as Bitcoin represents an answer to many of the problems discussed.Dear Dr. Carney,This is an open letter in response to your Reith lecture series on the BBC from December 2020, “How We Get What We Value.” This...

Local Nashville company encourages their clients to pay in bitcoin due to inflation concerns.Another day, another company accepting bitcoin as payment.Close to Bitcoin Magazine here in Nashville, a local contracting company is encouraging their clients to pay for their services in bitcoin by offering them a 10% off discount, reports...

Jeff Booth and Aaron Segal joined "Fed Watch" to discuss the pitfalls of the common inflation narrative purported by Bitcoiners.Watch This Episode On YouTubeListen To This Episode:...

The concept of inflation is front and center again for many market participants, but not everyone is certain of what impact inflation will have on the crypto markets. Many have speculated for years that bitcoin’s disinflationary nature would be its biggest boon in the face… The post Inflation: The Insidious Thief appeared first on...

The time has come, book lovers. The time to discuss “time preference,” a key concept that will help you make sense of the world around us. If you already own BTC, you know how it changes your priorities and makes you a more measured individual, focused on the future. The whole “...

In a world of darkness, Bitcoin is a light for a lost generation. I couldn’t have said this any better myself.So, why did I buy bitcoin when I was 18, and why do I continue to buy now at 21?After my...

U.S. Senator Cynthia Lummis in an interview said she was all in on Bitcoin. The interview took place during the Bitcoin Conference earlier in the year in Miami. Senator Lummis is the first woman to be elected as a Wyoming senator. Keeping in line with this stride, the senator believe Bitcoin is a great way to combat...

Federal Reserve Chair Jerome Powell conceded that inflation could be higher than expected, leaving no alternative to Bitcoin.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,...

June 17, 2021 / Unchained Daily / Laura Shin Daily Bits...

Welcome back, book lovers! Before we dive into government money, what have we learned so far? Well, that history is extremely hard to summarize, for one. Secondly, historically, governments haven’t been able to resist the temptation to debase the currency. Third, devaluation leads to breakdowns in society and the fall of empires, but the process is a very slow death. It can take...

The current metrics and systems posed by the federal reserve are designed to beguile and disguise the reality of money.A look at how the people in power may have more in common with a jewel beetle than you'd initially expect and how bitcoin may have the answer.In this article, we touch on: ● Why the government and the Federal Reserve are...

It may be that the most-cited narrative of bitcoin is simply one of many aspects in this global technological adoption. The One Chart We Need To Study And Why...

With inflation in the U.S. hitting its highest mark since the 2008 financial crisis, Bitcoin is serving as a critical lifeline.The consumer price index (CPI), a measure of the price of consumer goods and services, increased by an annual rate of 5% last month, hitting its highest mark since August 2008, according to the U.S. Bureau of Labor Statistics....

June 11, 2021 / Unchained Daily / Laura Shin Daily Bits...

Contrary to many financial institutions, analysts at Deutsche Bank have warned of global consequences that will stem from fiat inflation.Deutsche bank has forecasted an economic crisis following the rise of U.S. dollar inflation, making it...

The Bitcoin 2021 conference is over. The lessons remain. This time, they turned off the livestream’s chat. An elegant solution. A wasted opportunity, the virtual community couldn’t gather around the fire. But hey… much better than watching robots pushing low-quality projects non-stop. And it was easier to focus on the presenter’s words. Still, it felt like something was amiss....

Low energy costs, high inflation and restrictive capital controls have pushed residents of Argentina to mine bitcoin in their homes.Bitcoin miners in Argentina are taking advantage of the country’s shrinking economy and its debased currency to harvest oversized returns, powered by cheap, government- subsidized energy,...

Welcome back, Saifedean Ammous’ “The Bitcoin Standard” lovers! Two episodes in a row, because we are committed to doing a whole chapter each week. The last time, we learned why humanity chose gold as the soundest form of...