Inflation

Iran will Buy Foreign Cars Using Locally Mined Cryptocurrency
Sep 16, 2020 at 11:58
News
Iran will Buy Foreign Cars Using Locally Mined Cryptocurrency
Due to the hyperinflation of the local currency, Iran is planning to use locally mined cryptocurrency for car import.
Can Cryptocurrency Help a Country During a Financial Crisis?
Sep 09, 2020 at 11:28
News
Can Cryptocurrency Help a Country During a Financial Crisis?
The use of Bitcoin and other digital currencies has played a big role in the economic recession caused by Coronavirus. A lot of people, businesses and companies have stored their wealth in cryptocurrency in fear of inflation caused by the financial crisis due to the pandemic.
Goldman Sachs is Hosting a Call to Discuss Bitcoin Among Other Economic Issues
May 26, 2020 at 09:34
News
Goldman Sachs is Hosting a Call to Discuss Bitcoin Among Other Economic Issues
Goldman Sachs, the leading global investment banking management multinational firm, is set to host a client call to discuss Bitcoin, inflation, and gold on Wednesday, May 27, at 10:30 am EST according to a leaked invitation letter shared on twitter.
Cryptocurrency is the Antidote for Economic Crisis
Jan 03, 2019 at 10:32
News
Cryptocurrency is the Antidote for Economic Crisis
Many countries in the world have been going through economic turmoil in terms of high inflation and declining currency values. Some have even opted to print out more money to solve the economic crisis which in turn worsened the situation - currency devaluation. But the most opted plan was cryptocurrency, which seems to have yielded positive results to most governments.
Turkish People Tend to Store Funds in Bitcoin Rather Than the National Currency
Dec 29, 2018 at 09:44
News
Turkish People Tend to Store Funds in Bitcoin Rather Than the National Currency
Even though the cryptocurrency market is a highly volatile field, Turkish investors prefer Bitcoin over the national currency, the lira. In autumn, trading volumes in Turkey alone rose by 37%, proving that Bitcoin’s popularity was not affected by the bear crypto market trend.
Venezuela Set to Launch Petro-Pegged Fiat Currency in October
Sep 20, 2018 at 13:03
News
Venezuela Set to Launch Petro-Pegged Fiat Currency in October
Venezuela, a nation fighting one of the largest economic recessions, is ready to launch a fresh fiat currency linked to its oil-backed 'petro' virtual currency in October, according to what President Nicolas Maduro has said.
Cryptos Perhaps aren't a Solution During Economic Volatility
Sep 14, 2018 at 12:34
News
Cryptos Perhaps aren't a Solution During Economic Volatility
The way Cryptos are designed and how they behave may make it an inappropriate replacement for fiat currencies, particularly for people in economic and financial disorder, according to a report by FinTech and Blockchain technology research publication Diar published on Tuesday, September 11, 2018.
Crypto in Israel: Deep Likelihood Analysis of  Mass Adoption, Tax Evasion Issue
Sep 01, 2018 at 10:08
News
Crypto in Israel: Deep Likelihood Analysis of Mass Adoption, Tax Evasion Issue
On Aug 26, the Jerusalem Post wrote a very good story about the chances of Israel adopting a state-backed crypto just like Venezuela did a few days ago,  although for completely different reasons.
Crypto Solution to Turkey's Financial Problem, American Pastor Still Imprisoned
Aug 23, 2018 at 13:42
News
Crypto Solution to Turkey's Financial Problem, American Pastor Still Imprisoned
According to what is coming out of Washington, it seems like no deal has been struck between the Trump administration and the government of Turkey, led by President Tayyip Erdogan, continuing what is already a shaky financial situation.
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