Latest Bitcoin Lessons: Crowdfunding Censorship And Rampant Money Printing
The latest in macreconomics and Bitcoin, including crowdfunding for the Freedom Convoy and Jon Stewart learning about money printing.Watch This Episode On YouTubeListen To This Episode:AppleSpotifyGoogleLibsynOvercastIn this episode of Bitcoin Magazine’s “Fed Watch,” CK and I caught up on the Freedom Convoy donation situation, dissected Jon Stewart’s wake up call with former Fed President James Hoenig, the Fed signaling around CPI and the emergency FOMC meeting and, lastly, the scandal that is brewing around Sarah Bloom Raskin’s nomination being delayed. This is a longer episode where we....
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We all know that money printer go brrr. But how does the fiat money supply really get increased and what does this mean for our economy? The post How Money Printing Really Works appeared first on Bitcoin Magazine.
The Doge community is not going to like this. In a panel at the Miami Bitcoin conference, Representative Warren Davidson spared no bullets. He compared the US Federal Reserve’s rampant money printing of late to Dogecoin’s unlimited and ever-increasing supply. “There’s a benefit in scarcity that dogecoinners don’t get, and apparently neither does the Fed,” […]
The current business model of social media doesn’t extend profits to the creators of the content. Besides, it is susceptible to censorship, as actors with enough power can exert pressure to block users or content that they don’t like. “The mainstream media has lost power recently thanks to free speech enabled by the Internet,” explains Dan Larimer, Co-Founder of Steemit. “Fake news frequently circulate our media feeds, causing platforms and outlets to lose value and power. In response to this, they are proposing censorship as the solution, yet censorship does not give people the....
The government in crisis-stricken Sri Lanka has said it will print more money and cut spending on infrastructure as part of an attempt to pacify the restive population. The government, however, concedes that printing more money will likely see the inflation rate rise to 40%.
Printing More Money as the Solution
After defaulting on its obligations for the first time, the government in crisis-hit Sri Lanka now expects the country’s inflation rate to top 40%, Prime Minister Ranil Wickremesinghe has said. With the country now facing a steep revenue shortfall, authorities have....
After predicting the biggest crash in world history, Robert Kiyosaki, the famous author of the best-selling book Rich Dad Poor Dad, says the “end is here” for fake money. He reiterated three lessons that will help investors “do well in market crashes.” Robert Kiyosaki on the End of Fake Money The author of Rich Dad Poor Dad, Robert Kiyosaki, shared some of his views and investment lessons in a couple of tweets this week. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six....