Auto Added by WPeMatico
Hyperbitcoinization has been defined as “a state where bitcoin becomes the world’s dominant form of money.” But what actually needs to happen for bitcoin to ‘go viral’? As it turns out, a hyperbitcoinization event may be more likely than many suspect, especially in the current economic climate. However, there’s one big caveat: it requires human […]
The post Making Bitcoin Go Viral: Could Endless Printing Trigger a Hyperbitcoinization Event? appeared first on Bitcoin News.
Powered by WPeMatico
For a while now, central banks like the Federal Reserve have been participating in quantitative easing (QE) practices, despite the fact they don’t like to call it QE. Following the massive dollar injections, a recent report from the wealth insights provider Wealth-x details the number of wealthy people in the world spiked in 2019. The […]
The post ‘Central Banking Is Socialism for the 1%’ – Report Cites Wealth Inequality Driven by Stimulus appeared first on Bitcoin News.
Powered by WPeMatico
Since mid-September, the Federal Reserve has injected three trillion U.S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame the turbulent economy. Nearly every day the Federal Reserve […]
The post The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History appeared first on Bitcoin News.
Powered by WPeMatico
The central banking system controls monetary policy within a given jurisdiction, including the creation of money itself. The system is a lie and a denial of reality. The lie is political in motivation and content, and the denial of reality is rooted in culture and philosophy. Also read: Bitcoin Is a Weapon for Free Speech […]
The post The Big Lie Perpetuated by Central Banks appeared first on Bitcoin News.
Powered by WPeMatico
The world’s major central banks are waging war to determine who can make their respective fiat currency weaker. With the likelihood of even more money printing and negative interest rates ahead, people need to be ready to see the value of their money evaporate and the price of everything else go up. Also Read: Deutsche […]
The post US, EU and Japan Could Trigger ‘Cold Currency War’ by Debasing Fiat appeared first on Bitcoin News.
Powered by WPeMatico
On March 20, the Federal Reserve’s Open Market Committee (FOMC) unanimously decided to keep federal interest rates unchanged. Critics believe that the central bank’s policy of near-zero interest rates and quantitative easing (QE) has corrupted the U.S. economy for nearly a decade and spawned a generation of socialists. Also read: Bitcoin and the Agora: Every […]
The post The Fed’s Low Interest Rates and QE Have Created a Dependent Generation appeared first on Bitcoin News.
Powered by WPeMatico
People often wonder why a cryptocurrency with a limited supply like bitcoin has been gaining traction over the years. Since the 2008 financial crisis, the world’s central banks have printed around $12-30 trillion worth of promissory notes, and more than $10 trillion in negative-yielding global bonds. However instead of the newly printed money helping global […]
The post Tired of Bank Bailouts and Hyperinflation? Bitcoin Offers Something Different appeared first on Bitcoin News.
Powered by WPeMatico