Will Global Cash Woes Boost Bitcoin’s Use?

Will Global Cash Woes Boost Bitcoin’s Use?

Fiat money has long been the dominant form of exchange for goods and services. But now, amid the throes of global economic and political unrest, new questions have emerged as to whether “cash is still king” in both developed and developing nations. The root of this discourse is being played out with great significance worldwide. India, one of the world’s....


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Zimbabwe’s Cash Crisis Is Bitcoin’s Boost?

A recent survey by The Zimbabwe Standard has shown that a number of banks in the central business district of the country’s capital, Harare, has long queues to withdraw cash with others running out of cash by midday. This demand for cash is fuelled by a lack of trust in an impending introduction of bond notes by the apex Reserve Bank of Zimbabwe. Although its governor John Mangudya says the bond notes would not happen within two months, the latest development better highlights the growing need for a cryptocurrency like Bitcoin as a dependable option for users. Why Zimbabwe banks lack....

Video: Central Bank Woes

In this episode of "Fed Watch," the hosts discuss the world's three major central banks and their actions in the face of economic turmoil. The post Video: Central Bank Woes appeared first on Bitcoin Magazine.

Bitcoin’s Bearish September Has Kneecapped Crypto ETP Activity: Report

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