Economics

Food and Cash Shortages Push Cubans Toward Permissionless Cryptocurrencies

Food and Cash Shortages Push Cubans Toward Permissionless Cryptocurrencies | Economics Bitcoin News

The Nation of Cuba is dealing with a national food crisis, as Venezuela has stopped offering aid to the small island nation. Moreover, the coronavirus outbreak has caused a shortage of cash couriers called “mules” and everyday items are becoming scarcer. Amid the crisis, a number of Cubans are resorting to leveraging cryptocurrencies like bitcoin …

Food and Cash Shortages Push Cubans Toward Permissionless Cryptocurrencies | Economics Bitcoin News Read More »

Demand for Bitcoin Will See a Dramatic Shift in 8 Years - Retail Addresses to Eat up Entire New Supply

Demand for Bitcoin Will See a Dramatic Shift in 8 Years – Retail Addresses to Eat up Entire New Supply | Economics Bitcoin News

A recent report from ZUBR Research explains that by 2028, retail demand for bitcoin will exceed the new supply. The report highlights that in eight years as Bitcoin’s supply rate decreases “retail size addresses [will] begin to eat up all the new supply alone.” Even the next halving in 2024 could see retail accounting for …

Demand for Bitcoin Will See a Dramatic Shift in 8 Years – Retail Addresses to Eat up Entire New Supply | Economics Bitcoin News Read More »

Average Price of Bitcoin More Than Quadrupled Between Reward Halvings | Economics Bitcoin News

Average Price of Bitcoin More Than Quadrupled Between Reward Halvings | Economics Bitcoin News

Investing in bitcoin has been somewhat of a phenomenon, as millions of individuals have invested funds into the crypto-economy since at least 2010. One specific and lucrative method of investment is dollar-cost averaging. If an individual was to invest $10 a week into purchasing bitcoins since July 2010, the $5,130 USD (overall cost of investment) …

Average Price of Bitcoin More Than Quadrupled Between Reward Halvings | Economics Bitcoin News Read More »

Limitless Bailouts: US Federal Reserve Announces Billion-Dollar Corporate Bond Purchase Program

Limitless Bailouts: US Federal Reserve Announces Billion-Dollar Corporate Bond Purchase Program | Economics Bitcoin News

During the last three months, the U.S. Federal Reserve has created a system of monetary avarice, as the central bank can literally do whatever it wants with zero oversight. The American public recently witnessed the Fed’s announcement on Monday, which explained the central bank will be buying individual corporate bonds on a regular basis. Moreover, …

Limitless Bailouts: US Federal Reserve Announces Billion-Dollar Corporate Bond Purchase Program | Economics Bitcoin News Read More »