News about Fiat

More / Bitcoin Reddit - 1 month ago

Could Gov't block conversion to FIAT in future?

Newcomer to bitcoin here. I'm convinced about the utility and value of Bitcoin and the importance of HODLing but like any asset you need the ability to get in AND OUT of any asset for it to be adopted and be truly useful. For instance, I would ne...

More / Bitcoin Reddit - 2 months ago

US vs China, who is printing more fiat money?

I see from TradingView's data, in the past 20 years, the USD M2 was increasing at about 7% per year. And the CNY M2 was increasing at 15% per year. Looks like China is printing fiat even faster than the US! It's M2 absolute value is already b...

by COINS NEWS - 2 months ago

How did the first ever exchange onramp their fiat?

I know that satoshi never onramped his fiat, because he just mined the bitcoin and never offramped, but what if all the onramp exchanges dissappeared one day, would the only way to onramp be P2P ? If so, how did the first ever exchange onramp acquire...

More / Bitcoin Reddit - 2 months ago

Steel Man Argument for Fiat

Perhaps this is the wrong group to ask, but I'm having a discussion with a friend and he's skeptical of Bitcoin and has high trust in the government and fiat currency. One of his arguments is that under a Bitcoin standard, how is a government...