Small and medium-sized enterprises are sometimes on the bleeding edge of technological change. In many cases, SMEs look to larger companies to test out new technologies before they adopt them.
The use of cryptocurrency is on the rise in Africa. This is due to the financial and political instability.
Inflation is defined as the increase in the money supply in an economy. It derives from the Latin word inflate, meaning, “to blow up.” When the money supply grows faster than the amount of goods and services in an economy, prices usually increase.
Many view Bitcoin as the currency of the future. Some also view it as a hedge against inflation, as gold has traditionally been seen. Is it fair to compare Bitcoin with gold? Or is this comparison based on faulty premises that simply do not hold up?
Bitcoin revolutionizes the financial system like never before. The ability to process a payment transaction has never been easy, with almost low to no fees at all. Bitcoin does not require a third party to process transactions and does not rely on trust or to anyone with central control as it is decentralized in nature.
When a recession hits, it can have devastating consequences not only for business owners and their employees, but anyone with a nest egg or even a little savings out away. How can you preserve your wealth in a time of economic upheaval?
Originally, banknotes were nothing else than receipts for gold or silver that were stored safely in a bank vault. Carrying heavy coins was not very practical and quite unsafe, as street robbers could easily assault you.
2020 was not the year many were expecting when the clock struck midnight on New Year’s Day. The effects of the COVID-19 pandemic have changed so many things that it almost feels as though many years have passed in the course of a few months.
In Part One of this series we compared Bitcoin’s stock-to-flow ratio with that of gold, the world’s traditional safe haven. We have seen that Bitcoin’s scarcity by design is one of the main reasons why it could develop into a safe haven for investors in the near future.
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.