fiat currencies

Peter Schiff Predicts ‘Mother of All Gold Bull Markets’ — Early Signs of Massive Gold Surge

October 20, 2024 Bitcoin.com

bitcoin.com

Economist and gold advocate Peter Schiff predicts the “mother of all gold bull markets” as gold prices surge to a record $2,720 per ounce. He attributes the rally to inflation fueled by central banks, warning that fiat currencies are losing value. Schiff suggests this is only the start and encourages investors to act before prices […]

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US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets

JPMorgan: Gold and Bitcoin Surge as Debasement Trade Gains Momentum

October 4, 2024 Bitcoin.com

Bitcoin

Global investment bank JPMorgan’s analysts have highlighted the growing impact of the “debasement trade” in boosting gold and bitcoin prices. Gold’s rise is linked to inflation, geopolitical instability, and waning trust in fiat currencies. Both institutional and retail investors are viewing gold and bitcoin as safe havens amid global economic uncertainty, with future trends depending […]

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US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets

El Salvador Views Bitcoin as a Tool to Liberate the Nation From Fiat Currencies

June 14, 2024 Bitcoin.com

Bitcoin

Felix Ulloa, Vice-President of El Salvador, stated that the government has considered de-dollarizing the country and returning to its national currency, the colon. However, he said that it would be too costly. For Ulloa, bitcoin presents an opportunity to liberate the country from central banks and fiat currency. El Salvador’s Vice-President Felix Ulloa: Bitcoin Offers […]

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US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets

Robert Kiyosaki Urges Ditching US Dollar for Bitcoin — Warns Boomers’ Retirements Going Broke as Paper Assets Crash

March 30, 2024 Bitcoin.com

bitcoin.com

Rich Dad Poor Dad author Robert Kiyosaki has urged investors to ditch the U.S. dollar and buy bitcoin alongside gold and silver. He warned that “baby boomers’ retirements are going broke as paper assets crash.” The famous author stressed: “I do not trust anything that can be printed.” Robert Kiyosaki’s Latest Warnings and Advice The […]

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US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets

Peter Brandt: Bitcoin Vying to Replace Fiat Currencies as Primary Store of Value

March 27, 2024 Bitcoin.com

bitcoin store of value

Veteran trader and renowned chartist Peter Brandt says bitcoin is “vying to become the Level 1 ‘store-of-value’ standard replacing fiat currencies and government bonds.” He explained that fiat currencies, like the U.S. dollar, “will still be used to buy groceries and pay for gas.” Moreover, he expects governments to “constantly be issuing new currency replacements.” […]

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US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets

Robert Kiyosaki Sees Bitcoin as ‘Perfect Asset at the Right Time’ — Calls US Dollar ‘Giant Ponzi Scheme’

March 27, 2024 Bitcoin.com

bitcoin.com

Rich Dad Poor Dad author Robert Kiyosaki has answered multiple questions about bitcoin and the U.S. dollar. Declaring that he is a bitcoin bull, the famous author said the cryptocurrency “is the perfect asset at the right time.” While acknowledging the possibility of bitcoin “going to zero,” he countered by suggesting that fiat currencies like […]

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US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets

Fed Governor Discusses Crypto’s Impact on US Dollar Dominance — Says Banks Should Avoid Bitcoin ETFs as Primary Asset

February 18, 2024 Bitcoin.com

bitcoin.com

A Federal Reserve governor has addressed crypto’s impact on the U.S. dollar’s dominance. Additionally, he expressed reservations about the need for a U.S. central bank digital currency (CBDC) and stated his opposition to banks holding bitcoin exchange-traded funds (ETFs) as their primary asset. Fed Governor on Crypto, CBDC, and the U.S. Dollar Federal Reserve Governor […]

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US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets

Treasury Official Confirms Crypto Isn’t a Popular Tool for Terrorists — Says They ‘Prefer Traditional Products’

February 16, 2024 Bitcoin.com

bitcoin.com

U.S. Department of the Treasury’s Under Secretary Brian E. Nelson has confirmed that terrorists’ use of crypto remains a small fraction of more established mechanisms to move money. He also admitted that “digital assets were not even a popular tool for Hamas or the Palestinian Islamic Jihad” and “Hamas is using crypto in relatively small […]

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US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets

SEC Chair Gary Gensler Outlines ‘Very Real Economic Difference’ Between Bitcoin and US Dollar

February 15, 2024 Bitcoin.com

Bitcoin ETFs

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has outlined a “very real economic difference” between crypto like bitcoin and fiat currencies like the U.S. dollar. “You have a whole central bank, and support for one currency, generally per economic region,” the SEC chief noted, adding that we don’t have the same in bitcoin. […]

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US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets

Binance Bans Russians From P2P Transactions With Dollars and Euros

March 10, 2023 Bitcoin.com

Binance

Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P) transactions in U.S. dollars and euros for traders based in the Russian Federation. Binance Prohibits US Dollar and Euro Transactions for Russians on Its P2P Market The world’s largest crypto […]

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US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets