fiat

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The day the Fiat has no value ...

14 Feb 2021 1 minute read 1 comment Jandmade

Reflecting, I think there will come a day when Fiat money lacks value, I will not go into details of why or when, but it is obvious that there is a probability that it will happen. Cryptocurrencies are supposed to occupy the place of money known unti...

Tether’s Offshore Bank Invested in Bitcoin for Clients

15 Jan 2021 1 minute read 4 comments author_nan

Deltec, the offshore bank of which Tether is a client, purchased a large amount of Bitcoin for clients, according to one executive who spoke about the investment in a video on Jan. 13. Hugo Rogers, Chief Investment Officer of Deltec, said in a 2020...

Binance Visa Card Updates ---> I got the Physical one! Enter to see

19 Dec 2020 1 minute read 3 comments Ariman

Hello my dear readers!!! I felt the need of write you because I feel so excited! Sorry, I may look ridiculous, but here I am. So, as promised, I will show it first.                                 That's so beatifull! There is not the Bitcoin symbol,...

What Is The Most Inflation-Proof / Stable Fiat Currency?

16 Dec 2020 8 minute read 2 comments MintDice.com

We spend an inordinate amount of time on the MintDice Blog fixated on Bitcoin and other various cryptocurrencies and their underlying strategic benefits over government run fiat based currencies. But it's worth taking some time out of this cryptocurr...

The Fiat Transaction Cost is higher than ETH Gas Fees

7 Dec 2020 1 minute read 4 comments rmsadkri

  The one criticism Ethereum receives almost always is the high gas fee it requires to transact in the blockchain. There could be many factors impacting the transaction cost. I am not so sure about my technical prowess to decipher the associated prob...

Reasons why CBDC are a BAD idea

5 Dec 2020 1 minute read 3 comments Keith Thuerk

Reasons why CBDC are a BAD idea What is CBDC its defined as a Central Bank Digital Currency.  One can think of it as a Digital dollar ($) or whatever currency it is intended to displace. The premise being they are digital offerings, which during a pa...

Herd Antics: Black Friday Massive BTC To FIAT conversions = BTC US$17K and bouncing back

27 Nov 2020 1 minute read 14 comments Thunderboltkid

Well, same as last year, but worth noting. The 'Herd' always needs fiat money the week of Black Friday, just before the trip to Turkey Dinner and Football on  the last Thursday of November in the USA. BTC volume and withdrawals to Fiat delivered muc...

Bitcoin is Backed by Nothing...And That's Kind of the Point

26 Nov 2020 2 minute read 3 comments DrugsandFIRE

With a fresh bull run bringing the price above $19,000 for the first time since its historic climb back in 2017, bitcoin’s been getting a lot of press lately.  As is tradition, the FUD patrol is out once again to make sure we all know what a scam it...

Story of a guy who lost RM30k from a highly-skilled scammer, showing the flaws of the current banking system

19 Nov 2020 2 minute read 0 comments Pizzadren

So a guy has posted a depressing story about how he got hacked and scammed a total of RM30,000 ($7330) by a highly-skilled scammer which capitalize the loopholes of the banking system. You can read the full story from this Facebook post here. It's wo...

Crypto Loan Mad Rush: How Safe are they?

15 Nov 2020 1 minute read 1 comment Cryptofivers

Are you planning to take a loan any time soon? You can try a crypto loan. If you do not know how it works, let me explain in simple language what you are up against. It is not complicated as you have been made to believe but there is always a catch....