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Category: Redenomination
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Central Bank of Venezuela Announces ‘Digital Bolivar’ Redenomination Plan
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Venezuela to Slash Six Zeros From Its Currency to Facilitate Payments
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Polkadot Top 10 Redenomination Shot: Is the Token Now Bigger Than Chainlink?
The Polkadot token, which recently underwent a redenomination, has seen its value more than double in less than seven days. Now with a reported (but unverified) circulating supply of 897,657,920 tokens, the Dot token claims its place as the fifth-ranked token. At the time of writing, the token traded at $6.23, which translates to a […]
The post Polkadot Top 10 Redenomination Shot: Is the Token Now Bigger Than Chainlink? appeared first on Bitcoin News.
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How Governments Steal Your Money and Conceal It Through Inflation
Dozens of countries all over the world have used the same trick called redenomination to hide how they have stolen their own citizens’ money through inflation or hyperinflation. The next nation to try this economic sleight of hand is the government of the Islamic Republic of Iran. Also Read: Global Crypto War Is Heating up […]
The post How Governments Steal Your Money and Conceal It Through Inflation appeared first on Bitcoin News.
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