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The Bitcoin monetary inflation rate decreased from 30~50% in 2011 to 4% this year, demonstrating the rapid mainstream adoption of the cryptocurrency in various markets.
Growing digital currency, Dash, has joined Bitcoin, due to soaring demand, as a part of a payment network that will benefit thousands of people suffering from Venezuela’s failing national economy.
As Japan readings a massive inflationary stimulus spending program, Bitcoin’s attractiveness as a hedge against the yen grows.
Bitcoin price rose in its top African market this week, experts expect Venezuela to follow with its projected 1,500% inflation.
Fearing that cataclysmic hyperinflation could occur at any moment, Alan Greenspan, former Chairman of the United States Federal Reserve, urges a return to sound money, specifically the gold standard. Bitcoin does the trick too.
A recent survey by The Zimbabwe Standard showed that a number of banks in the central business district of the country’s capital, Harare, had long queues to withdraw cash with others running out of cash by midday.
National debt and central banking slowly drain people of wealth. What if, instead of national debt, we were able to use cryptocurrency to give people equity?
For outsiders, Venezuela is a big unknown. For insiders, the country is a subsidiary of economic hell. Everybody knows Venezuela’s struck with hyperinflation, but that’s like knowing someone with Ebola has a fever.
Global interest rates are at their lowest levels in decades. This has baffled many leading economists and global fund managers.
Argentina’s new president, Mauricio Macri, is good news for the legal status of Bitcoin in the country.
The number of Venezuelan bitcoin users has doubled and the trading volumes of Venezuelan bitcoin exchanges have increased substantially since 2014.
It is time to reveal the top five reasons why bitcoins are superior to dollars, both now, and in the future.
CoinBit.me is a new Bitcoin platform that was launched in Malaysia in April. Since its inception, 17,800 registered users from all around the world have signed up.
The never ending tragedy known as the Eurozone is flirting with disaster and the unknown consequences of what would happen if Greece is ejected by brute force or leaves by sheer will from the EU.
While the hyperinflationary episode technically peaked in Zimbabwe in 2008, its national fiat currency has finally reached its painful end.
The bond markets are rattled and global yields are rising, signaling a possible reversal of an aging 33 year bull market in bonds that could have a major impact on all other global financial markets resulting in a reprice in asset classes across the board.
It's no secret how the world's economy works - it's a balance of supply a demand. Little money is bad; a lot of money is bad; but it's always necessary to print more so that a dollar will buy what it did yesterday, adjusted for inflation.
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