devaluation

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Bitcoin Is Outperforming World Currencies As The Dollar Gets Stronger

29 Sep 2022 2 minute read 0 comments 0xVince

As world currencies are tanking against the USD (US Dollar), Bitcoin is holding its ground. A strong USD is creating a debasement as the DXY hit an index high of 114.61. The strength of the USD has increased relative to a basket of other currencies (...

Crypto and Fairness

17 Mar 2022 5 minute read 2 comments VaKnow22

The tricky second post about crypto! So, I wanted to explore the idea of Cryptocurrency and what impact it has on the concept of fairness. They seem like two totally separate concepts to the newcomer, but that isn't exactly the case. I explored a lit...

The Venezuelan Economic Chaos - Part 2

30 Nov 2020 2 minute read 0 comments Juan Molina

Image Source It was 6 years ago, with the collapse of oil prices in the international market, when there was a cut in the flow of income to the nation and in this way the internal shortage increased, since the import policy in all areas it had vastly...

Criticisms about Steemit (2/3) - Steem Blockchain´s Economy: DEVALUATION.

3 Oct 2019 7 minute read 0 comments Juan Molina

REWARD SYSTEM. The Steem chip system is inflationary, new chips are distributed every day. Inflation is 8.59% in 2019 and is reduced by 0.01% per 250,000 blocks. The new tokens are distributed based on the votes of the users. When users have more "S...