Search Results for: Fiat Crisis

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

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Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dólar. Srinivasan paid a total of $1.5 millón, more than the initially…

Market Analyst Heralds the Collapse of ‘Everything,’ Calls for Hedging in Gold and Silver Before There Isn’t Any Left

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Egon von Greyerz, market analyst and founder of Matterhorn Asset Management, is predicting the collapse of the central bank system in the next few years due to an increasing issuance of currency and debt. Von Greyerz states that in the face…

"Fiat es frágil"-El colapso de Silicon Valley Bank despierta los dedos y las preocupaciones de contagio

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Banco del Valle del Silicio (SVB) se ha convertido en el centro de atención después de que su colapso provocó el EE. UU.. Corporación Federal de Seguros de Depósito (FDIC) para cerrar el banco el viernes. Era el mayor EE. UU.. falla bancaria desde 2008, and various alleged catalysts…

As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created

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109 years ago, los Estados Unidos. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, más que 96% of the greenback’s purchasing power has been erased…

Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown

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Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s efforts and committed capital for the recovery fund. Crypto Industry Recovery Initiative Launched…

Los estrategas de FX de Citi dicen que el euro podría hundirse a $0.86 si la turbulencia macro continúa

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While the euro has found support between 0.96 a 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13,…

S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy

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Este Dia’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s…

Ser realistas, Lagarde: el activo subyacente que 'garantiza' que su moneda de estafa en euros es un arma

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With the approaching tsunami of central bank digital currencies (CBDC) looming ever closer, it shouldn’t come as a surprise when central banks shill their coins at the expense of sounder assets. Recientemente, European Central Bank president Christine Lagarde went so far…

‘Dr. Doom’ Nouriel Roubini to Launch Tokenized Dollar Replacement — With Payment and ESG Features

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Economist Nouriel Roubini, a crypto skeptic known as “Dr. Doom,” is developing a tokenized asset intended to be a more resilient U.S. dólar. “Our goal is to create a global store of value … This is something akin to a substitute…

Venezuela apuesta por la desdolarización tras aplicación de impuesto sobre divisas y criptomonedas

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The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet in a country that has just exited…