Some Venezuelans turned to Bitcoin in lieu of easily accessible foreign currency. Now that Maduro’s government has accepted dollarization, will that change?
Crypto adoption keeps spreading among the real estate industry in Europe, specifically in Spain. Recently, a leading agency in the Canary Islands announced it would start accepting cryptocurrency payments.
While central banks are focusing on creating more stimulus and economists expect inflation in the U.S. to rise, a number of other countries are suffering from considerable inflation right now. On Monday, the chief strategy officer for the Human Rights Foundation, Alex Gladstein, explained that 1.2 billion global citizens are living under inflation rates as high as two to three-digits.
Coming to gentle after the monetary darkness of 2007-2009, Bitcoin was birthed—however it doesn’t have a mother or father or a house. As an asset exactly constructed to cope with the shortcomings of central planning, will or not it’s efficiently examined within the doubtless close to way forward for run-off inflation?
After a possible selloff, people will run back towards bitcoin after any crisis has run its course.
As we see with emojis, a linguistic shift is emerging. This shift may very well prove to be symptomatic of a broader shift in society. In fact, we may be witnessing the beginning of a crypto-infused revolution. Does a digital future, free from intermediaries like central banks, await us? If zoomers have their way, brick and mortar institutions could become a thing of the past.
The quest for a workable Bitcoin scalability solution is still ongoing with developmental efforts in protocols like the Lightning Network and Statechains.
The correlation between bitcoin’s price and the S&P 500 has surged to a 5-month high. Is this bearish for the cryptocurrency?
Renowned investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, now regrets not buying bitcoin. However, he is still worried that governments can outlaw bitcoin if it becomes a viable currency.
Buying MicroStrategy stock solely for the bitcoin play? It'll cost you a lot.
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