Hyperbitcoinization: Visions of Bitcoin Fueling the Post Covid-19 Shadow Economy

With the recent coronavirus spread and its overall effect on the global economy, some people believe the powers that be are preparing a financial reset. During these times, a number of bitcoiners think a bitcoin-induced form of fiat currency demonetization will take place, otherwise known as ‘hyperbitcoinization.’ However, a few speculators believe digital assets in … Read more

Cryptocurrency Donations Bring an Advanced Medical Post for Coronavirus Victims to Italy

Bitcoin and other cryptocurrencies can often be used to support charitable events. During the novel coronavirus outbreak, Italy’s Red Cross is accepting Bitcoin donations for an advanced medical post. It is evident that a lot of countries will need help to keep the novel coronavirus in check. Helping Italy With Cryptocurrencies In Italy, the situation … Read more

1.2 Million Italians Can Now Buy Bitcoin From Their Bank

Buying bitcoin just got easier for Italians. The country’s mobile bank Hype has announced a partnership with fintech Conio, enabling customers to buy, sell, and securely store BTC from within their banking app. With over a million Italians choosing to bank with Hype, and 60,000 new customers being onboarded each week, the challenger bank’s decision … Read more

Italy Locks Down 14 Provinces Over Novel Coronavirus Fear

Italy is one of the countries hit the hardest by the novel coronavirus. To avoid further spreading of the virus, a lockdown has been announced in northern Italy. When a virus of this magnitude spreads quickly, extreme precautions come into play. Italy Takes Extreme Coronavirus Measures For Italian residents, an emergency lockdown affecting millions of … Read more