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fiat currencies – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sun, 20 Oct 2024 01:30:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png fiat currencies – DIGIT INFO https://www.digit.info 32 32 Peter Schiff Predicts ‘Mother of All Gold Bull Markets’ — Early Signs of Massive Gold Surge https://www.digit.info/peter-schiff-predicts-mother-of-all-gold-bull-markets-early-signs-of-massive-gold-surge/ Sun, 20 Oct 2024 01:30:06 +0000 https://www.digit.info/peter-schiff-predicts-mother-of-all-gold-bull-markets-early-signs-of-massive-gold-surge/ Read more]]> Peter Schiff Predicts 'Mother of All Gold Bull Markets' — Early Signs of Massive Gold SurgeEconomist and gold advocate Peter Schiff predicts the “mother of all gold bull markets” as gold prices surge to a record $2,720 per ounce. He attributes the rally to inflation fueled by central banks, warning that fiat currencies are losing value. Schiff suggests this is only the start and encourages investors to act before prices […]

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JPMorgan: Gold and Bitcoin Surge as Debasement Trade Gains Momentum https://www.digit.info/jpmorgan-gold-and-bitcoin-surge-as-debasement-trade-gains-momentum/ Fri, 04 Oct 2024 01:30:24 +0000 https://www.digit.info/jpmorgan-gold-and-bitcoin-surge-as-debasement-trade-gains-momentum/ Read more]]> JPMorgan: Gold and Bitcoin Surge as Debasement Trade Gains MomentumGlobal investment bank JPMorgan’s analysts have highlighted the growing impact of the “debasement trade” in boosting gold and bitcoin prices. Gold’s rise is linked to inflation, geopolitical instability, and waning trust in fiat currencies. Both institutional and retail investors are viewing gold and bitcoin as safe havens amid global economic uncertainty, with future trends depending […]

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El Salvador Views Bitcoin as a Tool to Liberate the Nation From Fiat Currencies https://www.digit.info/el-salvador-views-bitcoin-as-a-tool-to-liberate-the-nation-from-fiat-currencies/ Fri, 14 Jun 2024 23:36:49 +0000 https://www.digit.info/2024/06/14/el-salvador-views-bitcoin-as-a-tool-to-liberate-the-nation-from-fiat-currencies/ Read more]]> El Salvador Sees Bitcoin as an Option to Liberalize the State From Fiat CurrenciesFelix Ulloa, Vice-President of El Salvador, stated that the government has considered de-dollarizing the country and returning to its national currency, the colon. However, he said that it would be too costly. For Ulloa, bitcoin presents an opportunity to liberate the country from central banks and fiat currency. El Salvador’s Vice-President Felix Ulloa: Bitcoin Offers […]

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Robert Kiyosaki Urges Ditching US Dollar for Bitcoin — Warns Boomers’ Retirements Going Broke as Paper Assets Crash https://www.digit.info/robert-kiyosaki-urges-ditching-us-dollar-for-bitcoin-warns-boomers-retirements-going-broke-as-paper-assets-crash/ Sat, 30 Mar 2024 23:26:55 +0000 https://www.digit.info/2024/03/30/robert-kiyosaki-urges-ditching-us-dollar-for-bitcoin-warns-boomers-retirements-going-broke-as-paper-assets-crash/ Read more]]> Robert Kiyosaki Urges Ditching US Dollar for Bitcoin — Warns Boomers' Retirements Going Broke as Paper Assets CrashRich Dad Poor Dad author Robert Kiyosaki has urged investors to ditch the U.S. dollar and buy bitcoin alongside gold and silver. He warned that “baby boomers’ retirements are going broke as paper assets crash.” The famous author stressed: “I do not trust anything that can be printed.” Robert Kiyosaki’s Latest Warnings and Advice The […]

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Peter Brandt: Bitcoin Vying to Replace Fiat Currencies as Primary Store of Value https://www.digit.info/peter-brandt-bitcoin-vying-to-replace-fiat-currencies-as-primary-store-of-value/ Wed, 27 Mar 2024 03:16:00 +0000 https://www.digit.info/2024/03/27/peter-brandt-bitcoin-vying-to-replace-fiat-currencies-as-primary-store-of-value/ Read more]]> Peter Brandt: Bitcoin Vying to Replace Fiat Currencies as Primary Store of ValueVeteran trader and renowned chartist Peter Brandt says bitcoin is “vying to become the Level 1 ‘store-of-value’ standard replacing fiat currencies and government bonds.” He explained that fiat currencies, like the U.S. dollar, “will still be used to buy groceries and pay for gas.” Moreover, he expects governments to “constantly be issuing new currency replacements.” […]

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Robert Kiyosaki Sees Bitcoin as ‘Perfect Asset at the Right Time’ — Calls US Dollar ‘Giant Ponzi Scheme’ https://www.digit.info/robert-kiyosaki-sees-bitcoin-as-perfect-asset-at-the-right-time-calls-us-dollar-giant-ponzi-scheme/ Wed, 27 Mar 2024 01:20:45 +0000 https://www.digit.info/2024/03/27/robert-kiyosaki-sees-bitcoin-as-perfect-asset-at-the-right-time-calls-us-dollar-giant-ponzi-scheme/ Read more]]> Robert Kiyosaki Sees Bitcoin as 'Perfect Asset at the Right Time' — Calls US Dollar 'Giant Ponzi Scheme'Rich Dad Poor Dad author Robert Kiyosaki has answered multiple questions about bitcoin and the U.S. dollar. Declaring that he is a bitcoin bull, the famous author said the cryptocurrency “is the perfect asset at the right time.” While acknowledging the possibility of bitcoin “going to zero,” he countered by suggesting that fiat currencies like […]

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Fed Governor Discusses Crypto’s Impact on US Dollar Dominance — Says Banks Should Avoid Bitcoin ETFs as Primary Asset https://www.digit.info/fed-governor-discusses-cryptos-impact-on-us-dollar-dominance-says-banks-should-avoid-bitcoin-etfs-as-primary-asset/ Sun, 18 Feb 2024 08:30:58 +0000 https://www.digit.info/2024/02/18/fed-governor-discusses-cryptos-impact-on-us-dollar-dominance-says-banks-should-avoid-bitcoin-etfs-as-primary-asset/ Read more]]> Fed Governor Discusses Crypto's Impact on U.S. Dollar's DominanceA Federal Reserve governor has addressed crypto’s impact on the U.S. dollar’s dominance. Additionally, he expressed reservations about the need for a U.S. central bank digital currency (CBDC) and stated his opposition to banks holding bitcoin exchange-traded funds (ETFs) as their primary asset. Fed Governor on Crypto, CBDC, and the U.S. Dollar Federal Reserve Governor […]

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Treasury Official Confirms Crypto Isn’t a Popular Tool for Terrorists — Says They ‘Prefer Traditional Products’ https://www.digit.info/treasury-official-confirms-crypto-isnt-a-popular-tool-for-terrorists-says-they-prefer-traditional-products/ Fri, 16 Feb 2024 02:15:31 +0000 https://www.digit.info/2024/02/16/treasury-official-confirms-crypto-isnt-a-popular-tool-for-terrorists-says-they-prefer-traditional-products/ Read more]]> Treasury Official Confirms Crypto Isn't a Popular Tool for Terrorists — Says They Prefer Traditional ProductsU.S. Department of the Treasury’s Under Secretary Brian E. Nelson has confirmed that terrorists’ use of crypto remains a small fraction of more established mechanisms to move money. He also admitted that “digital assets were not even a popular tool for Hamas or the Palestinian Islamic Jihad” and “Hamas is using crypto in relatively small […]

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SEC Chair Gary Gensler Outlines ‘Very Real Economic Difference’ Between Bitcoin and US Dollar https://www.digit.info/sec-chair-gary-gensler-outlines-very-real-economic-difference-between-bitcoin-and-us-dollar/ Thu, 15 Feb 2024 03:30:01 +0000 https://www.digit.info/2024/02/15/sec-chair-gary-gensler-outlines-very-real-economic-difference-between-bitcoin-and-us-dollar/ Read more]]> SEC Chair Gary Gensler Outlines 'Very Real Economic Difference' Between Bitcoin and US DollarU.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has outlined a “very real economic difference” between crypto like bitcoin and fiat currencies like the U.S. dollar. “You have a whole central bank, and support for one currency, generally per economic region,” the SEC chief noted, adding that we don’t have the same in bitcoin. […]

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Binance Bans Russians From P2P Transactions With Dollars and Euros https://www.digit.info/binance-bans-russians-from-p2p-transactions-with-dollars-and-euros/ Sat, 11 Mar 2023 02:34:59 +0000 https://www.digit.info/2023/03/11/binance-bans-russians-from-p2p-transactions-with-dollars-and-euros/ Read more]]> Binance Bans Russians From P2P Transactions With Dollars and EurosCryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P) transactions in U.S. dollars and euros for traders based in the Russian Federation. Binance Prohibits US Dollar and Euro Transactions for Russians on Its P2P Market The world’s largest crypto […]

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