Bitcoin is not a speculative bubble fueled by degenerate gamblers. It’s capital flight from collapsing fiat currencies.
Since September 2019, research shows the Federal Reserve has pumped over $9 trillion to primary dealers by leveraging enormous emergency repo operations. A recently published investigative report shows the U.S. central bank submits the daily loan tally, but the Fed will not provide the public with information concerning the recipients. Estimates say, in 2020 alone, […]
The post $9 Trillion in Stimulus Injections: The Fed’s 2020 Pump Eclipses Two Centuries of USD Creation appeared first on Bitcoin News.
Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe Suspends Mobile Money Service Owned by banks, Zimswitch is the current payments […]
The post Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile appeared first on Bitcoin News.