Category: currency depreciation
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Egypt Devalues Currency, Raises Interest Rates to Fulfill Key IMF Aid Requirement
Nigeria’s Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls
An African Perspective on Why the World Needs Cryptocurrencies
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Blockchain Entrepreneur to Regulators: ‘Crypto Community a Useful Ally’
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Nigerian Lawmakers Slam Naira Devaluation, Warn of Inflation Implications
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Nigeria’s Naira Loses Ground on Forex Black Market Just a Few Days After Devaluation
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Nigerians Shun Local Currency— Seek to Protect Wealth From Inflation and Currency Depreciation with Foreign Currency
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Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold
Gold bug and bitcoin opponent Peter Schiff says the U.S. government’s actions in the past 78 years are partly responsible for the massive depreciation of the U.S. dollar. Using a medical bill from 1942 to illustrate the extent of the dollar’s decline, Schiff says the $70 paid to foot hospital expenses that year was equal […]
The post Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold appeared first on Bitcoin News.
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Mexican Billionaire Ricardo Pliego Invests 10% of Liquid Portfolio in Bitcoin- Says the Crypto Shields Against Wealth Expropriation
Mexico’s second-richest person Ricardo Salinas Pliego confirms that 10% of his liquid portfolio is invested in bitcoin. The billionaire says the top crypto protects the wealth of private citizens from getting expropriated. Pliego advises his followers that might want to follow his in footsteps to study and understand bitcoin. He also recommends one book, “The […]
The post Mexican Billionaire Ricardo Pliego Invests 10% of Liquid Portfolio in Bitcoin- Says the Crypto Shields Against Wealth Expropriation appeared first on Bitcoin News.
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