Fiat Valute news
Bitcoin has hit all-time highs against numerous world currencies
Bitcoin (BTC) is just a few thousand dollars away from its all-time high near $20,000 U.S. dollars. However, while much of the crypto industry watch Bitcoin’s price action in U.S. dollar terms, BTC has already achieved all-time high prices relative to numerous other world currencies. In an Oct. 22 tweet, Alistair Milne mentioned seven countries in which Bitcoin had already reached its all-time high relative to those countries' native fiat currencies. In the same tweet, he said Colombia and Russia would soon join the list. Bitcoin recently surpassed its all-time high against the Russian ruble earlier this month. The asset …
Bitcoin / Nov. 17, 2020
Governments and banks are the only winners with fiat currency, says Max Keiser
Using the analogy of a Hi/Lo poker game — a variety of poker which crowns the highest and lowest hands as victors — broadcaster Max Keiser explained citizens will ultimately lose when it comes to holding government-issued currencies. "Unless you're a country, that can make money by debasing your currency, by getting kickbacks from Wall Street who packages all those currencies in the form of negative rate interest-rate bonds, then you only have one choice," Keiser said during an Oct. 15 episode of his show, the Keiser Report, adding: "You can only try to win the hand with the high …
Adoption / Oct. 15, 2020