Fiat money is just a lie. Many people use it daily. They go to work to earn it and pay the bills. And they try to earn more or save more. But did you know that this is one of the greatest lies in history? Let’s take a look at how fiat lies to us
Historically, it has always been the case that when inflation occurs, investors save their wealth in long-term stable investments. It has been gold for a long time. But now we have cryptocurrencies. Are they really an effective protection against inflation? Inflation and deflation Investors, who invest in cryptocurrencies, sometimes forget about the macro-level trends that
Although people do not see this development yet, fiat money will probably not survive the next generation and will be replaced by some form of digital currency. Let’s see if and how this scenario is possible. More and more people believe in digital currencies Recently, more and more people are inclined to claim that in
Digital currencies can be attractive for many people for the independence that they offer. That is true to some degree. Blockchain offers great opportunities that central banks cannot offer. But it is not that easy. Fiat – classic financial system Let’s start with fiat currency. Fiat operates under the supervision of central banks. The central
History is something we should take an example and learn from. Let’s take a look at Visa for example. Visa, which most of you know from a credit/debit card, has an interesting history. Let’s take a look at how the beginnings of this company are very similar to today’s situation in the cryptoworld. It may
Unfortunately, the pandemic is far from being over and we do not know the full impact of it just yet. However there might be more, longer terms impacts as well and not all of them are negative. It is almost as if the pandemic was the catalyst of our time, which will eradicate obsolete and
Novinky, Technologie
Deloitte survey: 83% of people believe digital assets will replace money in 10 years
A global blockchain survey by Deloitte told us that 83% of people believe that digital assets have a high chance to replace the classic fiat money within 10 years. In China, that number is even higher. No surprise there, seeing as China are already massively working to release digital currency. Blockchain is becoming more and