Fiat Versus Finance: The Centennial of the Federal Reserve versus the Rise of Bitcoins
If there is an annual pre-Christmas Eve ritual in Washington, DC, and Wall Street, some invitation-only celebration within the travertine marble headquarters of one organization and several other joint ceremonies amidst banks of computer terminals, flat-screen displays and heavily carpeted floors, if such an event does exist - a December 23rd night of....
Related News
By now we are all familiar with the price chart bitcoin pessimists throw at us when discussing the imminent "death" of bitcoin and the digital currency space as a whole. The classic bubble spike to above $1000 and the collapse to where we now sit just ahead of $200 does, indeed, lend credence to the suggestion that bitcoin has yet further to fall in value. However, there is a much more logical way to chart changing values over time when looking at something like digital currency - a logarithmic chart. From a logarithmic chart, somebody looking at bitcoin price versus the US dollar can gain....
The United Nations released a report demanding central banks change course and OPEC decided to cut their production quotas by 2 million barrels per day.
The three compared and contrasted the merits of gold versus bitcoin in an interesting debate.
Bitcoin will be likely gaining “upper hand” versus stocks this year, according to Bloomberg Intelligence analyst Mike McGlone. Despite cryptocurrency markets dropping to multi-month lows, major cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are likely to hit new all-time highs in 2022, according to a Bloomberg analyst.BTC and ETH will be heading toward $100,000 and $5,000 this year, respectively, according to a forecast by Bloomberg intelligence analyst Mike McGlone published in his latest market analysis on Thursday.“A key issue we see is the Federal Reserve, as it faces the greatest....
Analyzing the precarious positions of the world’s fiat economies can drive a conclusion that the Federal Reserve will have to adopt bitcoin.