Low-yielding dollar savings accounts aren’t cutting it for Americans anymore.
An economy is an area of production, distribution, trade and consumption of goods and services by different agents. Any given economy is a product of current and past culture, technology, education, social and political structure and other society characteristics that define an economy. Economics is a science field for sociology, history, geography, math and other disciplines, all of which combined have results in studying economic growth, the reasons for current economic events and their consequences.
As a result of historical progression, every economy of some time period is special in its own way. Technological progress has made it possible to build and internet-based economy and now it is evolving into a crypto-economy, based on blockchain technologies and digital money, which is much faster and more private than the old economic systems.
Enjoying a stronger negative correlation with the U.S. dollar than gold, Bitcoin may start to present a more attractive alternative to both in the eyes of the investors.9272
Sejong police are investigating who leaked details of the government’s crypto tax bill before it was formally announced.2617
Crypto taxation in South Korea could increase to 20% for capital gains.5330
Forte Labs' vice president of token economics explained blockchain underpinning can affect in-game asset supply and demand economics.4357
Coinbase’s former CTO believes over powered governments could lead to accelerated crypto adoption post COVID-19.2858
Smaller firms in the sharing economy can find it difficult to compete with established, centralized platforms. A blockchain-based protocol plans to change that.10665
Experts from the Bank of Canada have released their thoughts on how a digital dollar should be available to all Canadians.5475
Professor of Economics, Sergei Guriev, told Cointelegraph how Bitcoin can be used as a tool to combat authoritarian regimes.6960
Chamath Palihapitiya says Bitcoin is uncorrelated to financial markets, which is one reason people should invest 1% of their wealth in it.28869
South Korea economist worries that tough regulation would slow down crypto’s growth.11229
Nanjing, China is basically using the blockchain to drive a local economic stimulus program.4407
Amid protests, rioting and general uncertainty, mainstream markets have posted positive numbers, seemingly contrasting the state of the U.S.4699
Negative interest rates may turn Bitcoin into an attractive alternative for institutional investors, claims a recent report.8423
Blockchain incubator's CEO says crypto is hot, even given current economic difficulties.5659