Fiat

Crypto experts see Bitcoin replacing fiat money in 20 years

In a new survey, a number of cryptocurrency and fintech professionals expected a “hyperbitcoinization” to take place by 2040. Bitcoin’s (BTC) current price slump has failed to dampen some experts’ optimism regarding the world’s biggest cryptocurrency.  In a new survey by personal finance comparison platform Finder.com, half of the respondents believe Bitcoin will surpass fiat money, […]

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Mexican Billionaire Calls Fiat Fraud, Says His Bank Working To Accept Bitcoin

Mexican billionaire Ricardo Salinas Pliego said he is working with his bank, Banco Azteca, to be the first in Mexico to accept bitcoin. Ricardo Salinas Pliego, Mexico’s third-wealthiest man and the owner of Banco Azteca as well as a major business empire, reaffirmed his Bitcoin endorsement and shared that he is working with his bank […]

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The Fiat Mindset: Why Most Economists Don’t Get Bitcoin

Modern economists are often vehemently opposed to bitcoin and its application as money – why is this? Josef Tětek is a SatoshiLabs and Trezor Brand Ambassador. It’s a tulip mania, a Ponzi scheme, a bubble about to burst. You’ve heard it all before. And not just from your nocoiner friends: This narrative has been pushed […]

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Inflation games: Bitcoin competes with fiat on value but lacks volume

Amid global economic contraction, Bitcoin appears to be gaining momentum against struggling fiat currencies. Bitcoin being regarded as “sound money” is a common refrain among many proponents of the popular cryptocurrency. With a finite supply of 21 million and a network secured by over 120 exahashes per second of computing power, the consensus among industry […]

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Bybit Doubles Down on Asian Market with JPY and KRW Fiat Support

Continue reading at Coinspeaker

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US Feds Just Realized Bitcoin Is “Different” Than Fiat Money

The US Federal Reserve in New York said the framework for discussing digital currencies is flawed, in a blog post yesterday. They stated that Bitcoin had “changed” how society thinks of money. Distinctions on currencies made Bitcoin has changed things and the definition of money said the New York Federal Reserve in a candid blog […]

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U.S. Congressman Emmer Says Bitcoin Better than Centralized Fiat Monies 

Tom Emmer, a U.S. Representative for Minnesota’s sixth congressional district, has said during the August 3, 2020 episode of Anthony Pompliano’s “Pomp Podcast”,  that Bitcoin has come to stay, as its decentralized nature gives it a significant edge over fiat currencies including the USD. Emmer says the ravaging coronavirus pandemic, plus the recent crypto custody […]

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‘Bitcoin Better Form Of Money Than Fiat’, Says Binance CEO

Bitcoin has been denounced for its extremely volatile and unstable nature. However, recent data says otherwise as it highlighted Bitcoin’s low volatility. Binance’s CZ went on to endorse BTC for being stable.   Is Bitcoin Defying Its Volatility Standards? The crypto-verse has been anticipating the price of Bitcoin to breach the 10K zone. However, the king […]

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Fiat Faces Bitcoin ‘Flattening’ as Covid-19 Sends M2 Supply Over $18T

Wild coronavirus responses by the Federal Reserve have vastly inflated the U.S. dollar money supply just when Bitcoin cuts its supply in half — again. The battle of Bitcoin (BTC) versus fiat money is witnessing not a flippening but a “flattening” as coronavirus upends economic policy. A chart of the United States’ M2 money supply […]

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Bitcoin Becomes Less Volatile than Emerging Fiat Currencies; Moon Ahead?

A notoriously volatile Bitcoin is now less risky than emerging fiat currencies, according to the latest data readings. Charts on Woobulll show bitcoin’s volatility heading below that of the EM currencies. The data appears as fresh polls predict a depressive year for the fiats of key emerging markets, including South African rand, Mexican peso and Brazilian real. […]

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Analysts Advocating Gold Over Fiat Is Bitcoin’s Time To Shine

The recent money-printing spree the Federal government has gone on has prompted financial analysts everywhere to advocate holding gold over fiat. However, the reasons they are providing are also the best possible reason to own Bitcoin. Will investors open their eyes to Bitcoin’s potential value? Or will it take the crypto asset continuing to outshine […]

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Bitcoin and crypto preferred for illegal activities over fiat, what’s the truth?

Bitcoin and crypto are often considered to be tools used by criminals for illegal activities; however, is that really true? Bitcoin and crypto encourage illegal activities, a fact? Bitcoin and other digital assets are often stated to be linked with illegal activities due to the censorship-free environment they provide. Coupled with the high privacy these […]

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Bitcoin Hedge Narrative Strengthens as Fed Plans More Fiat Injection

Bitcoin can still be a hedge against failing fiat. This is especially true in the face of the latest fiat injection plans put forward by the Fed.  FED to Inject Double Crypto Market Cap by Year-End The US central bank is ramping up is repo operation efforts with billions more planned to enter the financial […]

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Bitcoin can tackle fiat money’s encouragement of consumerism: Michael Goldstein

Recently, Michael Goldstein, President of the Nakamoto Institute, was interviewed by Peter McCormack on the latest edition of the latter’s ‘What Bitcoin Did’ podcast. During the entire podcast, the du The post Bitcoin can tackle fiat money’s encouragement of consumerism: Michael Goldstein appeared first on AMBCrypto.

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Dominos giveaway includes Bitcoin and fiat cash in France

Celebrating its birthday Dominos giveaway includes Bitcoin payments and fiat cash payments to the customers in France. Dominos Pizza has a set up a new competition in celebration of its 30th birthday powered by Tessi: European Digital Services Company. Customers can become a part of this competition by ordering a pizza from Domino’s online, as […]

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Two Economists. Two Views on Bitcoin’s Ability to Disrupt Fiat Money

“Half of the audience here is like, ‘I hope you die in a fire.’”

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IndoEx Launches EU & UK Regulated Crypto to Fiat Exchange

IndoEx, an international company with HQs in Estonia and branch office at UK & representatives around the globe, has announced the launch of the first EU regulated crypto-to-fiat exchange. With the trading performance of millions of operations per second, a wide range of deposit and withdrawal methods (wire transfers, payment cards, instant payments), support of […]

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Bitcoin 1, Traditional Fiat Currency 0: One Satoshi is now worth more than the national currencies of Iran, Vietnam

Bitcoin [BTC], the world’s leading cryptocurrency, has been enjoying a great 2019 after a late-2018 marred by a cruel crypto-winter. Since April however, the cryptocurrency has performed much better than traditional assets, outperforming even the S&P 500. Some of the key differentiating characteristics that set BTC apart from fiat were: decentralization of the economy, permanent […]

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Op Ed: How Fiat Could Fall and Bitcoin Could Soar

Argentina’s Failed Peg In the 1990s, the Argentine peso was pegged to the U.S. dollar. This meant that the Argentine government guaranteed that anyone could exchange one Argentine peso for one U.S. dollar. If you had 1,000 Argentine pesos in your bank account, you could walk into the bank and ask for US$1,000 and the […]

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Aussie Digital Launches ICO Backed By Revolutionary Retail Platform That Will Accept Cryptocurrency & Fiat

Aussie Digital is ready to change the Ecommerce landscape and shake up the status quo set by blockbuster names such as Amazon and eBay. Unlike other platforms, Aussie Digital’s plethora of retailers will accept Crypto & Fiat as payment for all kinds of goods and services. Queensland, AU – May 3rd 2019, Aussie Digital has […]

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Venezuela Bitcoin Trading Record Underscores Fiat Currency Hyperinflation

Venezuela transacted more hyperinflated bolivars for bitcoins than ever before last week — but actual Bitcoin (BTC) volumes still decreased.  Hyperinflation Bites Bitcoin Traders Data from monitoring resource Coin.Dance — which tracks trading volumes on P2P platforms Localbitcoins, Paxful, and Bisq — shows total volumes in Venezuela on Localbitcoins reached 35.9 billion sovereign bolivars (VES) […]

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Bitcoin [BTC] will have the hardest time replacing fiat in China, says Joyce Yang

The cryptocurrency market has managed to establish a stronghold in some countries like the United States and China. However, information pertaining to the market differs between the two countries, partly due to the language barrier. Joyce Yang, the Founder of Global Coin Research, spoke about how Weibo, the Chinese version of Twitter, differed from American […]

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Swiss Media Giant Dumps Fiat To Pay Wages in Bitcoin

A Switzerland-based publishing house is willing to dump fiat currency for a comparatively volatile cryptocurrency in bitcoin. Netzmedien AG announced today that it would begin paying off all wages in bitcoin effectively. The decision followed the company’s earlier plans to convert half of its assets to cryptocurrencies. As the top executives went closer to deploying […]

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