The author of the best-selling book ‘Rich Dad, Poor Dad’, Robert Kiyosaki, has spoken in favor of virtual currencies during a recent podcast. Mr. Kiyosaki described the United States Dollar (USD) as comprising a “scam” and predicted that precious metals and cryptocurrencies will outlast fiat currencies. Also Read: Many Swiss Bankers and Financial Regulators Quit to […]
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Just recently the notorious libertarian and Austrian economist, Ron Paul, released a paper that discusses the world’s issues with central economic planning. In the report, Paul goes into vast detail on how precious metals and cryptocurrencies can co-exist in order to prevent current market monopolies from “rigging the economy.” Also Read: US Authorities Seize Over […]
Cryptocurrencies do not always carry the label of “legal tender” in most countries. In fact, the number of countries where Bitcoin and altcoins are legal tender can almost be counted on one hand. Quintric is trying to change that by issuing legal cryptocurrencies backed by silver and gold. It is quite an interesting project, although its chances of success are unknown. The Quintric Project is a Bold Venture It is safe to say stablecoins are becoming the new hot commodity in the financial sector. For those who are unaware, a stablecoin is a (digital) currency pegged to the US dollar, precious
Tether was a hit from moment one, rising within months to billions of dollars issued. It provided a much-needed service for active crypto users, a stable settlement vehicle for volatile times, open to everyone globally—even those whose local currencies and banks could not serve the same purpose. Disclosure: This is a Sponsored Article But there could be a crimp in this digital wiring, with rising scrutiny over a lack of auditing and transparency, and worry about the role regulators might play going forward. And it’s left some investors looking for better alternatives. Increasingly, gold seems to be taking up at
Money Metals Exchange Now Transacts in Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, and More…