Tag: Fiat

Co-Founder of Zimbabwean Fintech Startup: ‘Everyone Has a Right to Access Funds and Financial Freedom’

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Cryptocurrencies have been proven to be a financial tool that can be used to store value or make payments by those excluded from the financial system. Yet, despite this being true in many jurisdictions, many of those that might benefit from cryptocurrencies are still not using them. Regulatory Uncertainty and Ignorance There may be several different reasons why this is the case, but as many in the crypto space have acknowledged, regulatory uncertainty and ignorance are often the key factors that dissuade prospective users from adopting this fintech. Therefore, in…

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Fiat on-ramps dry up in China, crypto topics censored on social media – Cointelegraph Magazine

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[ad_1] This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.   This week China is back to work after its week-long national day celebrations, an event that is always filled with flag-waving, military parades and enthusiastic nationalism. This year’s version was intensified by the recent homecoming of Huawei executive Meng Wanzhou after three years of detention in Canada, as well as heightened tensions in the Taiwan Strait. Government…

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Microeconomics Fiat Dollar Bear – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

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[ad_1] Written September 15, 2021 The goal of this article is to unite and create a coherent argument around the basic microeconomic idea of price equals marginal cost (P=MC), of fiat money as a product, and how bitcoin relates to these two. I must warn all readers that this is just a frame of thought, or, as Steve Jobs would have put it “connecting the dots.” It is by no means a finished concept, and the community will have to help evolve and polish this idea, the same way I…

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Bitcoin And Me A Life In Fiat Recovery

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[ad_1] Instead of asking, why am I an alcoholic? I prefer to ask, how? As in, how did I become as hopeless as I once was and then how did I miraculously — slowly — progress to where I am today? What were the actions I took, the motivations for those actions, and the destructive patterns that arose and shaped the incentive structure for my reality? Most importantly, now that I am years into recovery and free of the bondage of active addiction, I constantly have to ask: What am…

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Fiat Mindset Economist Don’t Get Bitcoin

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[ad_1] Josef Tětek is a SatoshiLabs and Trezor Brand Ambassador. It’s a tulip mania, a Ponzi scheme, a bubble about to burst. You’ve heard it all before. And not just from your nocoiner friends: This narrative has been pushed for years by many famous economists with a Nobel on their shelf. Why do renowned economists fail to see the value in bitcoin? It’s not a failure of understanding; it’s a difference of worldview. The influence of mainstream economics cannot be underestimated. As John Maynard Keynes said, “Practical men, who believe…

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Why Fiat Experts Don’t Get Bitcoin

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[ad_1] Bitcoiners And Fiat Experts Society has conditioned us to listen to experts. They teach us what to eat, what to learn, how to exercise, how to raise our children and how to care for the environment. We think they know better, that they have our best interests at heart. After all, they have fancy titles, decades of experience, appear in mainstream media and have tons of followers. Many of them even work in organizations that have “World” in the name. How prestigious is that!? We intuitively think we wouldn’t…

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