Fiat Money

Max Keiser: Bitcoin’s ‘Self-Settlement’ Is a Revolution Against Dollar

Bitcoin (BTC) beats both fiat currency and gold because it does not need settlement, RT host Max Keiser has said. In the latest episode of the network’s Keiser Report on Nov. 7, the well-known Bitcoin bull explained that other forms of transactions need settlement time, but Bitcoin does not. Keiser: BTC “uniquely self-settling” This is …

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United States National Debt Hits 23 Trillion — Over $1M Per Bitcoin

The United States national debt is now over $23 trillion, according to website U.S Debt Clock. It is also worth noting that the debt per United States citizen is $69,724 and that the debt to gross domestic product ratio is 106.65%. The milestone has been pointed out on Nov. 1 by Bitcoin advocate Twitter personality …

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IBM Expects a Central Bank to Issue Digital Currency Within 5 Years

73% of leading global banks have claimed that central bank digital currencies (CBDC) should be available “under all circumstances” in a new study. “CBDC will substitute much more easily for cash” According to a joint report conducted by tech giant IBM and the Official Monetary and Financial Institutions Forum (OMFIF), global central banks now admit …

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$250K Bitcoin Price Prediction Is Now ‘Conservative,’ Says Tim Draper

Major Bitcoin (BTC) bull Tim Draper now thinks that his own prediction that BTC price will hit $250,000 by 2022 may be understating the power of Bitcoin. BTC price to grow with adoption In an interview with crypto news network Blocktv on Sept. 13, the famous American venture capital investor has once again expressed his …

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Marshall Islands Launches National Crypto With ‘Fixed Supply’

The Marshall Islands has issued a national blockchain-based currency in a bid to “finally acquire monetary independence in a way that reflects Marshallese values.” The issuance of the Marshallese sovereign (SOV) was announced in an essay by The Honorable David Paul — Minister In-Assistance to the President and Environment of the Marshall Islands — published …

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Report: No Bank Account Needed to Transfer China’s Upcoming CBDC

Binance Research, the research arm of the major crypto platform Binance, has reported that no bank account will be necessary to use China’s Central Bank Digital Currency (CBDC). Loose coupling and anonymity Binance Research shared its findings on Aug 28. According to the report, China’s CBDC will be transferable without a bank due to its …

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Circle CEO Says Tokenized Fiat Currencies Are on the Horizon

Jeremy Allaire, the CEO of blockchain-based, crypto-inclusive money transfer company Circle, said that the firm has long held that major fiat currencies would eventually be tokenized. Significant digital currencies In an interview on Aug. 21 on the podcast Global Coin Research, Allaire said that Circle has thought for years that sovereign currencies would eventually be …

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The Most Important Aspect of Bitcoin Is the Separation of Money and State

<header class=”article__header”> </header> <strong>Many cryptocurrency supporters believe the technology allows for the separation of money and state in a manner that’s never been seen before. Governments inflict two forms of robbery against nonviolent citizens by forcing them to pay taxes while also stealing from them silently through inflation. Now there’s a wide array of digital …

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Bitex Partners With Bantotal For More Cross-Border Payments in Latin America

Bitcoin (BTC) exchange Bitex has partnered with Uruguay-based financial software company Bantotal in order to expand it cross-border payments system on the Bitcoin blockchain to Latin America. CoinDesk announced the companies’ new partnership in a report on Aug. 13. According to the report, the upshot of this partnership is that Bantotal’s clients will have access …

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South Korean Holding Company Uses Ripple Fork to Develop Donations Platform

South Korean holding company SK C&C has unveiled plans for a donation platform that is based on a Ripple blockchain fork. Moreover, the platform will support a stablecoin linked at a 1:1 ratio to the won, as well as a utility token. South Korean news daily Chosun reported about the company’s initiative on Aug. 9. …

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