Category: Inflation

Bitcoin no longer a fringe asset due to US dollar debasement, says Soros Fund exec

March 26, 2021

Crypto Nanobot 0

Soros Fund Management’s CIO said that Bitcoin is no longer out on the fringes, thanks to the debasement of the U.S. dollar over the past year. 7041 Total views 42 Total shares Soros Fund Management chief information officer Dawn Fitzpatrick said Bitcoin (BTC) may once have been considered a fringe asset, but the inflation of […]

Continue Reading

Economist warns of dystopia if ‘Bitcoin Aristocrats’ become reality

February 27, 2021

Crypto Nanobot 0

Critics of the digital currency have visions of the future every bit as silly as maximalist’s. 32674 Total views 253 Total shares Not everyone is excited about hyperbitcoinization.  According to a popular copy/paste meme, Bitcoin hodlers are set to become a neo-aristocracy as Bitcoin becomes the dominant world currency: Only $BTC holders will be permitted […]

Continue Reading

UK firm launches service for company treasuries to invest in Bitcoin

February 19, 2021

Crypto Nanobot 0

U.K.-based crypto firm BCB Group is looking to provide corporations with a way to put Bitcoin on their balance sheet by launching a dedicated treasury. 16140 Total views 27 Total shares BCB Group, a global digital financial services firm, is planning to help corporations navigate cryptocurrencies like Bitcoin (BTC) by launching a dedicated service. According […]

Continue Reading

Tokenized agriculture could provide economic relief to Argentine farmers

January 27, 2021

Crypto Nanobot 0

Blockchain proponents claim that agricultural asset-backed tokens would make it easier for farmers in Argentina to attract investment and access liquidity amid a nationwide economic crisis. 4189 Total views 16 Total shares Argentina’s brittle economy — stricken by endemic problems that have only worsened amid the COVID-19 pandemic — has sparked rising unrest in the country’s […]

Continue Reading

BRRR: Biden Readies a New $3T Stimulus Package

January 8, 2021

Crypto Nanobot 0

What a new package including more direct payouts to citizens plus big infrastructure spending mean for bitcoin and markets as a whole. This episode is sponsored by Nexo.io and this week’s special product launch: Stacks.co. Today on the Brief: U.S. loses 140,000 jobs in December Chamath’s SoFi SPAC A SPAC for Bakkt Our main discussion: […]

Continue Reading

Why Joe Biden’s $3T Stimulus Package Could Add Fuel to Bitcoin’s Rally

January 8, 2021

Crypto Nanobot 0

Jan 8, 2021 at 1:05 p.m. UTCUpdated Jan 8, 2021 at 1:11 p.m. UTC Why Joe Biden’s $3T Stimulus Package Could Add Fuel to Bitcoin’s Rally The Democratic party narrowly triumphed in Georgia elections held earlier this week, wresting control of the U.S. Senate from the Republicans. As such, the Democratic-controlled House of Representatives now […]

Continue Reading

Amid inflation woes, Turkey announces CBDC tests planned for 2021

December 26, 2020

Crypto Nanobot 0

While the announcement came as a surprise to some, a digital Lira has been in the works since 2019 1119 Total views 10 Total shares As the country struggles with soaring consumer prices and an inflation rate in the double digits, in an announcement to members of Turkey’s Parliament central bank governor Naci Agbal revealed […]

Continue Reading

Worsening US Dollar, Inflation Metrics Bode Well for Bitcoin’s Continued Rally

December 3, 2020

Crypto Nanobot 0

Dec 3, 2020 at 12:04 p.m. UTCUpdated Dec 3, 2020 at 2:47 p.m. UTC (Patryk Kosmider/Shutterstock) Worsening US Dollar, Inflation Metrics Bode Well for Bitcoin’s Continued Rally Bitcoin’s price has nearly doubled in the past eight weeks as several major publicly listed companies bought the cryptocurrency to hedge against an inflation-led decline in the value […]

Continue Reading

Debate Rages on Whether a Digital Dollar Will Unleash Inflation

November 9, 2020

Crypto Nanobot 0

DoubleLine CEO Jeff Gundlach warns of inflation with a digital U.S. dollar. (DoubleLine Capital) Debate Rages on Whether a Digital Dollar Will Unleash Inflation With record U.S. money printing failing to achieve much-needed economic stimulus, some observers now expect creation of a “digital dollar” central bank digital currency (CBDC) will not only speed payments to […]

Continue Reading

Bitcoin is the best treasury reserve asset humanity’s ever had

November 1, 2020

Crypto Nanobot 0

At the time of writing this article, around 3.6% of Bitcoin (BTC) is locked up in long-term holdings by institutional investors. According to the data, 13 entities have amassed close to 600,000 BTC — about 2.85% of all Bitcoins and worth approximately $6.9 billion. The list includes MicroStrategy at the top, with close to 38,250 […]

Continue Reading