hyperinflation Archive
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The Central Bank of Venezuela is rolling out a CBDC in October and will launch an SMS-based exchange system to facilitate its use.
By satoshi
August 5, 2021
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Global stablecoin adoption and uncontrolled hyperinflation in Venezuela and Argentina have helped push Reserve Rights to a new all-time high.
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Strategic investor Lyn Alden says the 2020 macroeconomic environment is extremely favorable to Bitcoin.
By satoshi
November 12, 2020
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Iran is set to redenominate its fiat currency, removing four zeros to create a new fiat called toman as demand for crypto is surging.
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Tesla founder, Elon Musk, recently discussed current difficulties amid massive U.S. money printing efforts, but failed to mention Bitcoin’s inflation-proof model.
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Iran’s parliament votes to institute a new currency as coronavirus and sanctions hyperinflate the rial and local Bitcoin prices skyrocket relative to official exchanges.
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Valiu wants to combat Venezuelan hyperinflation and capital controls on remittances with a Bitcoin-backed synthetic dollar
By satoshi
April 24, 2020
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The post Venezuelan President Announces Oil-Backed Cryptocurrency “Petro” to Combat ‘US Blockade’ appeared first on CryptoCoinsNews.
By satoshi
December 4, 2017
