Users and investors delight as EIP-1559 is scheduled for July, but ETH miners are less than thrilled.
Inflation News
Inflation as it relates to money means the devaluation of a payment vehicle amid the rising cost of goods and services. The term usually refers to fiat currencies, which can lose value when a government expands the supply of dollars in an economy. Venezuela saw its currency lose significant value in 2018 during hyperinflation — an exaggerated form of inflation. When it comes to cryptocurrencies, however, inflation works differently. Many assets, such as Bitcoin, have a maximum supply programmed into their code, which can prevent a loss of value due to added supply. Bitcoin does entail some level of inflation, as more coins are released into its circulating supply through a set and predictable mining schedule, but maximum supply sets definite limits on BTC inflation.
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U.K.-based crypto firm BCB Group is looking to provide corporations with a way to put Bitcoin on their balance sheet by launching a dedicated treasury.
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Gold should help crypto investors hedge against the risks of highly unstable prices of cryptos like Bitcoin, the CEO of Newcrest Mining said.
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The president's refusal to budge on a $1.9 trillion COVID-19 relief bill will have knock-on effects for Bitcoin, as the money printers look set for action once more.
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Blockchain proponents claim that agricultural asset-backed tokens would make it easier for farmers in Argentina to attract investment and access liquidity amid a nationwide economic crisis.
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While the announcement came as a surprise to some, a digital Lira has been in the works since 2019
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Asset managers around the globe are losing confidence in the dollar, encouraging them to seek out inflation-resistant investments for their clients.
5360 - News
Mainstream news agencies are beginning to provide positive coverage of Bitcoin, acknowledging its proper significance as an asset as the US dollar nosedives.
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Dan Tapiero told Anthony Pompliano that $15 trillion in institutional capital could flow into Bitcoin, pushing prices as high as $500,000.
64260 - News
What price high must Bitcoin hit to account for the past three years of U.S. dollar inflation?
27522 - Video
Strategic investor Lyn Alden says the 2020 macroeconomic environment is extremely favorable to Bitcoin.
8176 - Opinion
You could easily lose up to 90% of your fiat savings to inflation alone in 100 years, but that would never happen with Bitcoin.
58259 - Follow up
The entry of firms like Square, MicroStrategy and Stone Ridge may open the BTC floodgates and provide “confidence for the rest to follow.”
24033 - Opinion
No need to suffer from centralized systems since the world has been offered its greatest weapon against it: cryptocurrency.
10593 - News
His doom and gloom comments continue to roll in for global currencies.
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