One of the greatest advantages of Bitcoin is that, unlike fiat money, it has no locality (e.g., Dollar = US, Euro = EU, etc.). Thanks to this, you can send and receive Bitcoin to and from anywhere in the world, as long as you have an internet connection. However, when it comes...
Inflation is characterized by a devaluation of currency alongside increasing prices of goods and services. It remains a threat that continues to bubble under the surface, especially for fiat currencies. Therefore, people usually turn to cryptocurrencies like Bitcoin — an asset that maintains its value...
Bitcoin, as the scarcest bearer asset, offers a level of security and independence unmatched by treasury bonds, foreign currency reserves, or fiat-denominated equities. Its sanction-resistant nature is crucial for maintaining the sovereignty that Israel prides itself on. By investing in Bitcoin, ...
By adopting Bitcoin or another сryptocurrency as the primary money in their country, the citizens ofZimbabweimmediately have a currency that is not susceptible to local economic changes. In the first quarter of 2021, there was an increase of 125% in the volumes of trades onLocalBitcoinsby Zim...
This means that a large amount of BTC goes in and out of the country, and we would assume that many would have opted to keep their bitcoins for long term investments. According toCoinhills, the most traded fiat currency against Bitcoin is the Japanese Yen, with which 105,738.94 Bitcoins ...
Bitcoin prices soared above the key $100,000 mark on Thursday, reaching new all-time highs as Trump's pick for next SEC chair raised optimism about a friendlier regulatory environment for the crypto industry. Trump selected Paul Atkins, a strong advocate for digital assets, to replace outgoing...
Alex Christensen
there have been many currency devaluation events that have hurt not only the citizens of the country involved but have also rippled around the globe.
Like Canada, the Australian Taxation Office considers Bitcoin a financial asset with value that can be taxed when specific events occur. For example, if you trade, exchange, sell, gift, convert it to fiat currency, or use Bitcoin for purchases, you trigger a capital gains tax. You're also ...
The EU is a powerful alliance of 27 European countries that promotes democratic values among its members. It serves to faciliate political and economic integration throughout the region. Many, though not all, of its members share the euro as their official currency. Historically, it was made up...