How effective is Bitcoin as a hedge against inflation? Dilip Kumar Patairya on Cointelegraph studied what inflation is and how useful Bitcoin and the other means are to deflate it. Why do you need a hedge against inflation? How effective is Bitcoin as a hedge against inflation? Let us first understand what inflation is and…
Over the past few years, I have heard about various countries across the world planning to use cryptocurrencies to circumvent economic sanctions. In most cases, it remained just an idea or turned into a farce, like with Venezuela and its Petro token. However, now we are seeing an entire country trying to salvage its economy…
Over the past few years, I have heard about various countries across the world planning to use cryptocurrencies to circumvent economic sanctions. In most cases, it remained just an idea or turned into a farce, like with Venezuela and its Petro token. However, now we are seeing an entire country trying to salvage its economy…
Stable cryptocoins pegged to fiat currencies have long been justly criticized “on both sides” – both by adherents of “traditional” crypto and devout opponents of cryptocurrencies. But the rapid changes to the economic reality have turned stablecoins into the most highly sought-after financial tool. The amount of USDT issued on the TRON network has recently…
While the world’s largest economies are gearing up for the CBDC race we recently wrote about, smaller countries are looking to integrate “traditional” cryptocurrencies into their financial systems. The alternative, they realise, is quickly losing their fiscal independence in the new economic reality. Australia went its own way: ANZ – one of the country’s “big…
Luna has purchased more than 11,700 Bitcoin, worth about $520 million, to build a reserve for its stablecoin UST. But what does that mean exactly? — analyses Namcios on Bitcoin Magazine. Luna Foundation Guard (LFG) has bought over 11,700 BTC worth roughly $520 million so far this week to build a Bitcoin reserve to support…