What is digital fiat and how does it work? Does it compare favorably with cryptocurrency?
Here are the top stories freshly collected from the web, related to Money, Bitcoin and how the world of cryptocurrencies is disrupting the traditional banking system.
Cryptocurrency is designed to be the financial system of the future. With wallets as banks and the Census Note as the credit card of the future.
The word “fiat” comes from the Latin and means “let it be done.” Since fiat money has no value outside of this government decree that it does, it is said to have no intrinsic value.
Decentralized finance (DeFi) is a term used to describe the system of financial applications being developed on the blockchain.
The blockchain and COVID-19 come together in an app being funded by the Austrian government and decentralized finance (DeFi) is undergoing a boom in Australia.
We have heard much over the years about how we are moving toward a cashless society. Much like the paperless office that was once heralded as both imminent and inevitable, we have hit many bumps on the road to making this happen. Maybe we don’t want to part with cash as much as we think.
Fundraising is an area where cryptocurrency truly shines. Being able to access capital is essential for any business.
Bitcoin has traditionally been seen as the realm of nerds and hackers. But the fact is that businesses can get a lot of benefits by accepting Bitcoin in return for providing their goods and services. Here are a few of the reasons why businesses should start accepting Bitcoin.
Money has been an expression of value divisible in nature, durable, transportable, and scarce. Any object that carries these attributes can be called as money when used as a medium of exchange.
One of the best characteristics of Stablecoins is that it absorbs price volatility for traders to gain confidence in case an abrupt price movement on crrptocurrency market occurs.
One of the many well-known CEO in the cryptospace have manifested strong speculations that Bitcoin price will spike-up after the halving, and others have even encouraged people to buy Bitcoin before the halving happens.