This information could come in handy for investors looking to diversify
away from fiat currencies and the tightening grip of central banking.
They would be the most stable country economically in the region to transition
away from fiat currency.
Showing that bitcoin can work as a currency with which to purchase goods strengthens the case for crypto's longevity and perhaps a move
away from fiat currency.
When we hear about cryptocurrencies like Bitcoin, it's usually through sensationalist articles that either declare it to be the economic savior of mankind or warn about the apocalyptic risks of not shifting
away from fiat currency.
Not exact matches
Whether that's this year in 2018 or 2019, I don't know, but I do know that over the next 3 years this big reversal that we talk about in the paper is going to unfold and is going to take
away all the options
from the governments that have
fiat currencies.
To circumvent the law (gambling is illegal in China) people were using play money poker sites to set up real money games using play money in exchange for
fiat currency transactions
away from the tables.
As the global economy became more complex in the second half of the 20th century, most nations eventually moved
away from the gold standard, creating
fiat currencies built on laws and trust in government.
The real «culprit» behind the latest price spike, as labeled by many sources, is the upcoming EU referendum that's seeing several individuals move their finances
away from European equities and traditional
fiat currencies that invoke control
from government forces.
The abrupt end to a prolonged period of a «debt supercycle», which began in the 1960s with a cycle of
fiat credit and was followed by a move
away from the Bretton Woods System to free - floating
fiat currencies, had finally happened.