Category: Fiat

South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption

South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow AdoptionAfricans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African country. Uganda, Nigeria, South Africa, Kenya, and Ghana are listed in the […]

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Dollar Vigilante Founder Talks Covid-19 and Economic Crisis: ‘The Modern Financial System Is at the End of It’s Rope’

Jeff Berwick is an entrepreneur with a lot to say these days and he’s released a number of videos discussing the coronavirus pandemic and the government-induced lockdowns. Berwick is the founder of The Dollar Vigilante, an anarcho-capitalist media outlet focusing on gold, silver, mining stocks, cryptocurrencies, and offshore banking. News.Bitcoin.com chatted with Berwick this week […]

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MyCryptoMixer 2020 – The Best Bitcoin Mixer Necessary To Protect User’s Anonymity and Privacy

MyCryptoMixer 2020 - The Best Bitcoin Mixer Necessary To Protect User's Anonymity and PrivacyGovernments and law enforcement agencies have been alerted to the possible illicit use of the pseudonymous Bitcoin (BTC) and cryptocurrencies ever since the notorious darknet marketplace Silk Road was shut down permanently by FBI, which seized more than 144,000 BTC derived from transactions made in the marketplace. This has led to governments and relevant authorities […]

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Eidoo Card Is Available for Pre-Order – Seamlessly Connect Your Fiat and Crypto Wallets

Eidoo Card Is Available for Pre-Order – Seamlessly Connect Your Fiat and Crypto WalletsGone are the days when online fiat payment processors and digital wallets were viewed as something new and innovative. By now, most people are used to shopping online, especially in developed countries. The current payment processors are well-established and they’ve gained the public’s trust.

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Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital Payments

Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital PaymentsSince the covid-19 outbreak wreaked havoc across the world’s economies, the global multinational investment bank Deutsche Bank has been encouraging the use of digital currencies. The firm’s Twitter account and macro strategist Marion Laboure have been tweeting regularly about how coronavirus infection risks could “accelerate digital payment systems across the world.” Also read: 5% Over […]

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Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs

While most digital assets have been suffering, stablecoins have been surging since the market downturn in mid-March and tether (USDT) is capturing more than 70% of BTC trades today. Besides tether, a wide range of other dollar-pegged cryptocurrencies have also benefited this month, as the market valuation of eight different stablecoins combined is well over […]

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Making Bitcoin Go Viral: Could Endless Printing Trigger a Hyperbitcoinization Event?

Making Bitcoin Go Viral: Could Endless Printing Trigger a Hyperbitcoinization Event?Hyperbitcoinization has been defined as “a state where bitcoin becomes the world’s dominant form of money.” But what actually needs to happen for bitcoin to ‘go viral’? As it turns out, a hyperbitcoinization event may be more likely than many suspect, especially in the current economic climate. However, there’s one big caveat: it requires human […]

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Cash Crisis: National Currencies Plunge in the Wake of Coronavirus

Cash Crisis: National Currencies Plunge up to 25% in the Wake of CoronavirusAnnouncing an open-ended QE program Monday for unprecedented asset purchasing, the U.S. Federal Reserve has pledged to purchase assets “in the amounts needed,” signaling the beginning of a virtually unlimited easing effort which will include moving into corporate bonds for the first time.

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Scramble for Dollars: Emergency Cash Injections in $250 Trillion Global Debt Place the Fiat Ponzi On Ventilator

The last few weeks of global hysteria has shown there’s been a mad dash for dollars and various fiat currencies. Moreover, central banks have tried to quell cash liquidity issues by injecting trillions into the hands of private banks and hedge funds worldwide. As the financial system shudders with more than $250 trillion in global […]

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The Government Can’t Stand Decentralized Innovations Like Bitcoin, so It Tries to Ruin Them

The Government Can’t Stand Decentralized Innovations Like Bitcoin, so It Tries to Ruin ThemFeeding the homeless, affordable medicine, an easy-to-use gas can design, starting a small business to meet the needs of one’s community — borderless, permissionless P2P electronic payments. These are all simple, practical activities and tools that can be leveraged in decentralized fashion to benefit human societies immensely. So why do we see governments consistently and […]

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How to Find Your Nearest Bitcoin ATM

How to Find the Nearest Bitcoin ATM to Your Location and Learn About Its FeaturesCryptocurrency markets have experienced a few intensive weeks since the start of the year that took prices to 2020 highs in mid-February. The overall bullish sentiment is attracting more interest towards the crypto space. There are many ways to get started with Bitcoin but one the most accessible options is to find an ATM supporting […]

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Hierarchies of Money: Why You Use Bank Money But the Bank Wants Reserve Currency

Hierarchies of Money - Why You Use Bank Money but the Bank Wants Reserve CurrencyWhile people tend to think of money as being all the same, the fact is governments and banks use different types of money than the everyday individual. From the top of the economic pyramid of world reserve currencies, down through central bank and commercial bank money, the capacities and function of different kinds of money […]

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Millennial and Male: 3 Crypto Card Issuers Profile Their Average User

Millennial and Male, 3 Crypto Card Issuers Profile Their Average UserPlatforms offering debit cards that can be topped up with cryptocurrency have enjoyed growing popularity in the crypto community. They provide a payment solution for those who earn and own digital coins, enabling in-store and online crypto payments. Their expanding user base provides a snapshot of the kind of people who spend crypto on a […]

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Coinme Adds BTC Purchase Function to Over 100 Coinstar Kiosks in California

Coinme Adds BTC Purchase Function to Over 100 Coinstar Kiosks in CaliforniaWith over 21,000 kiosks in the U.S., Coinstar is a popular automated service for those who want to turn their fiat coins into paper cash. 3,000 of these kiosks have been integrated with Coinme to include crypto purchase functionality, and more than 100 BTC-integrated Coinstar kiosks are now newly available in the greater Sacramento, California […]

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Stablecoins Are Crypto’s Version of Fractional Reserve Banking

Stablecoins Are Crypto's Version of Fractional Reserve BankingStablecoins provide much sought after stability in the volatile crypto markets. They are sometimes even said to affect the price of bitcoin in drastic fashion. Tether (USDT) in particular continues to be widely scrutinized for this, with recent lawsuits about conflicts of interest and price manipulation being hotly contested. More important to dive into, however, […]

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