News about FIAT

News about Fiat

Apparently, FIAT txs are also irreversible. Nobody cares. Buy BTC

submitted by /u/BusinessBreakfast3 [link] [comments]

The true value of bitcoin? Not in fiat dollars but energy terms #bitcoin #gold #silver

submitted by /u/Para_rider1981 [link] [comments]

Bitcoin wasn't created to replace fiat. It wasn't made to re-invent the same broken wheel. It was designed as a completely new alternative, to offer people a choice. One that finally answers the problems we've had for the last thousands of years.

Since the early days of money, early civilizations quickly realized there was a flaw with money. The Sumerian realized early on that the only thing that matters in the end, is the ledger. They created a ledger, instead of dealing with coins. &#...

Tim Draper Explains Why Bitcoin Will Rise Above Fiat

submitted by /u/kirtash93 [link] [comments]

Tim Draper Explains Why Bitcoin Will Rise Above Fiat - CryptoPotato

Tim Draper Explains Why Bitcoin Will Rise Above Fiat& & CryptoPotato

Will there be a way to exit without selling to fiat

I’ve been thinking about an exit strategy plan for a while now, and trying to find ways to realize my profits towards the end of the next bull run without having to sell for fiat and pay all the taxes. I know the current financial system wants to avo...

Tipped a bartender in Kinira, Thassos, Greece. The guy was ready to download WoS immediately after my suggestion. I like to offer tips in satoshis instead fiat.

submitted by /u/viktor_tl [link] [comments]

What is Fiat Money? How does it work?, History, Pros & Cons

IntroductionDefining Fiat MoneyFiat money is tender not backed by a tangible asset or commodity like gold or silver. It’s usually mandated by governments, but this isn’t always the case. The currencies we use for everyday transactions in the modern e...

What is Fiat Money? History, Pros & Cons

IntroductionDefinition: Fiat currency is a form of money or tender not backed by a tangible asset or commodity like gold or silver. It’s usually mandated by governments, but this isn’t always the case. The currencies we use for everyday transactions...

Bitcoin Will Surpass Fiat, According to Billionaire Tim Draper

submitted by /u/TheRightTrader [link] [comments]

"Bitcoin Will Rise Above Fiat" - Billionaire Tim Draper

submitted by /u/FortniteFiona [link] [comments]

I guess no one has ever hired a hit man with fiat money before

https://bitcoinist.com/woman-used-bitcoin-to-hire-hitman/ submitted by /u/jalapenojacker [link] [comments]

Tim Draper Predicts Bitcoin Will Outpace Fiat Currencies, Asserts Its Superiority Over Traditional Banking

Renowned bitcoin investor and venture capitalist, Tim Draper, envisions a future where bitcoin emerges as a formidable competitor to the world’s fiat currencies. During a recent interview with Fox News, Draper argued that bitcoin’s inhe...

Singapore High Court rules crypto not different from fiat money or shells

Cryptocurrencies will now be viewed as property in Singapore. The high court also demystified the notion that cryptocurrencies do not hold any value. The Monetary Authority of Singapore (MAS) will implement segregation and custody requirements for d...

Singapore High Court rules crypto personal property, compares it to fiat money

The judge didn’t see any difference between crypto, fiat money or shells as long as all those objects, physical or not, share value created by mutual faith in them. Cr...

Getting paid in BTC or converting your fiat paycheck to BTC - what is the difference?

I believe there should be some sort of difference (tax-wise or otherwise), but somehow I am unable to find it. If someone is willing to elaborate: what are the pros and cons of signing a contract so your boss is paying you directly in BTC and what ar...

Do not trust FIAT if they want they can "reset" it and remove zeroes, like Central Banks have done before in several countries like here in Venezuela 14 zeroes since 2007 (with example)!

Hi, as you know I'm a Venezuelan living here. I really crypto because I have been rug pulled by the government from years! Some people, do not trust crypto because their FIAT currency is "stable" and to be honest I don't blame...

I was told by Bank more real Resources Energy Effort goes in Fiat money in compared to Bitcoin

Hi, I went to my local Bank to withdraw my money and the cashier asked purpose of withdrawal and I said I don't trust banks and trust bitcoin more. Cashier called bank manager and bank manager asked why I'm withdrawing and I told him the same...

CBDCs are JUST like fiat!

I've seen some people saying that CBDCs are the same as fiat. No. They're so so much worse. It's not an easy thing for the government to unilaterally decide to take everyone's physical cash. With CBDCs, and the link between accounts a...

Portal between web3 fiat: Instant, less then 1% fee, no KYC, ETH, Poly, ARB, OP, etc.

We have been working for a few months on our white label API that would allow anyone to open a portal to web3 to/from fiat. No KYC, instant transactions for a fee of less than 1%, focused on stable coins on all major chains and L2. It's fre...

Revolutionizing Fiat Payments: How Stablecoins Empower Africa and South America

Stablecoins, a sort of cryptocurrency meant to maintain a stable value, have received a lot of interest because of its potential to revolutionize financial institutions all around the world. Stablecoins offer a possible alternative in places where tr...

As Zimbabwe’s Fiat Currency Crashes Again, Bitcoin Adoption Is Poised To Last

This is an opinion by Thabo P. Ncube, a Bitcoiner who lived through Zimbabwe’s hyperinflation in 2008.The Reserve Bank of Zimbabwe (RBZ), the fiat custodian and lender of last resort in the country, recently “liberalized” its much-vaunted foreign exc...

Late stage fiat

submitted by /u/suuperfli [link] [comments]

Latam Insights — Bolivia Calls for De-Dollarization, Reserve Drops Fiat Services

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Bolivian President Luis Arce calls for de-dollarization at the Southern Common Market Summit, Reserve drops f...

Half-life of any fiat currency compared to Bitcoin

I read this all the time, but it is for me personally still incredible to think about it and validate the current state of fiat currencies compared to bitcoin: Just checked the current USD inflation rate, which is around 6.4%. So when we assume that...

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