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Tag Archives: Fiat

Bitcoin Has No Top Because Fiat Has No Bottom: Understanding Monetary Debasement read full article at worldnews365.me

MONETARY DEBASEMENT Debasement refers to the action or process of reducing the quality or value of something. When talking about fiat currencies, debasement traditionally refers to the practice of reducing the precious metal content in coins while keeping their nominal value the same, thereby diluting the coin’s intrinsic worth. In …

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Bitcoin Vs. Fiat: New Zealand’s Top Banker Questions Crypto’s Credibility read full article at worldnews365.me

In a recent discussion, Adrian Orr, the Governor of the Reserve Bank of New Zealand (RBNZ), shared his perspective on the role of Bitcoin and other digital currencies in the current financial ecosystem. The Skepticism Surrounding Digital Currencies During a parliamentary committee meeting, Orr expressed skepticism regarding Bitcoin’s capacity to …

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Fiat on-ramps, banking partners crucial for institutional Web3 adoption read full article at worldnews365.me

Fiat payment rails and neobanking services are becoming a vital cog in driving mainstream adoption and acceptance of the wider cryptocurrency space, according to key industry figures at the intersection of traditional finance and Web3. Executives from OpenPayd, Ramp Network and Damex unpacked the increasing importance of third-party payment rails …

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Serial Entrepreneur Robert Kiyosaki Predicts Bitcoin Price Rally to $135K Fueled by Fiat Inflation read full article at worldnews365.me

The author of Rich Dad Poor Dad expects the prices of Bitcoin (BTC), Gold, and Silver to rally in the near future as every government around the world prints more money pushing inflation to a multi-year high. Popular entrepreneur and financial educator Robert Kiyosaki issued a prediction for Bitcoin (BTC), …

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From Cyberspace to Outer Space: Will Fiat Imperialism Push Mining Off-Planet? read full article at worldnews365.me

From Cyberspace to Outer Space Tension is building in the mines. As the 4th Halving nears and the block reward trims to 3.125 bitcoin per block, miners must not only adapt to a significantly diminished reward, but contend with an increasingly profit-hostile future which might have surprised even the prescient …

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MetaMask Unveils New Feature Allowing Users to Sell ETH for Fiat read full article at worldnews365.me

MetaMask introduces the “fiat-off-ramp” feature on the platform by allowing users to convert their ETH holdings to fiat currency. On Tuesday, September 5, the popular cryptocurrency wallet MetaMask announced that it had launched a new feature that would allow users to sell ETH for fiat currency. In a post on X (formerly …

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Coinbase-Circle re-alignment, Binance fiat hurdles, and USDC at Shopify read full article at worldnews365.me

Global regulatory landscapes are once again proving to be a turning point for crypto companies, demanding constant adaptation to navigate shallow regulatory waters across the world, particularly in the United States. In the latest developments, Coinbase and Circle decided to dissolve the Centre Consortium in a strategic realignment driven by …

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Bitcoin’s Win Is Coming as Fed Prints More ‘Fiat Toilet Paper’, Says BitMEX Co-Founder Arthur Hayes read full article at worldnews365.me

The Bitcoin price has once again retraced back to $26,000 after some recovery pump earlier this week. On the technical chart, BTC continues to show bearish momentum with its price dropping under the 200-day moving average (DMA). In a sharp-worded attack, BitMEX co-founder Arthur Hayes said that “risk assets of …

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What Fiat Money? How does it work?, History, Pros & Cons read full article at worldnews365.me

Introduction Defining Fiat Money Fiat money is tender not backed by a tangible asset or commodity like gold or silver. It’s usually mandated by governments, but this isn’t always the case. The currencies we use for everyday transactions in the modern era are all examples of fiat money, such as …

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