“We tend to create an equivalent to cash but there is a huge difference. Thus, we have no clue who are now using 100 USD or 100 Mexican pesos. The main difference between cash and CBDC is that central banks will get absolute control over rules and standards that would define the use of CBDCs; … Read more
To be sure, even the laziest today are talking about the fall of Bitcoin. But crypto traders and investors, and just those who are present on the cryptocurrency market, understand perfectly well that the rollback is natural. And besides Bitcoin, there are plenty of events on the market. But, we will not break traditions, and … Read more
Cryptocurrencies can also become a tool for de-dollarization of a number of developing economies, especially those that do not have excellent relations with the United States. This happened with El Salvador, who, as our readers remember, chose Bitcoin as a legal tender, and, according to rumors, this could happen with Turkey, although at completely different … Read more
At the end of 2021, a new cryptocurrency appeared that seemed straight out of a science fiction novel. Worldcoin offered free digital tokens to those who are ready to scan their eyeball. More than 100,000 people have signed up for it. Demand suggests that 2022 could be an even crazier year when alternative currencies challenge … Read more
At the dawn of cryptocurrencies, it was extremely difficult to make transactions between different types of crypto assets or between fiat currencies (for example, US dollars, euros, Japanese yen) and cryptocurrencies. Legitimate and trustworthy cryptocurrency exchange companies were in short supply, and decentralized exchanges supported by decentralized finance (DeFi) had not yet been created. Both … Read more
Claims that cryptocurrencies, including Bitcoin and Monero, have been used for many years as a means of spreading illegal activities such as money laundering are big fat lies. Bad reputation due to incorrect assumptions From the very beginning, and perhaps due to a lack of understanding of the underlying technology behind Bitcoin, as well as … Read more
Billionaires rejected it from the very beginning, but in the last few months, many agree that Bitcoin will play a significant role in the future. Who will replace the fiats, and will they replace them at all So, Bitcoin. Yes, Bitcoin. Billionaires rejected it from the very beginning, but in the last few months, many … Read more
During the confirmation hearing for the new Treasury Secretary, Janet Yellen repeated the already familiar list of illegal uses of cryptocurrency and promised that her approach would not be “indifferent”. US government changes VS crypto industry In written responses to questions regarding her confirmation as U.S. Treasury Secretary, Janet Yellen says she will work closely … Read more