Today news
About the same in other media
19.12 - 09:23
How the govt. can ‘hedge against a world where there’s a Bitcoin standard’
Reading now: 863
The gold standard was shrugged off by the United States a long time ago. However, the precious metal has remained a primary hedge, not just for personal investors, but also for sovereign funds. While the United States dollar has acted as an exchange standard for most countries since, a depreciation in its value due to rising inflation has led to many looking for an alternative avenue. That’s where the top cryptocurrency Bitcoin steps in.
Many believe that the dependence on gold will first have to be eradicated for Bitcoin to reach its full potential. However, CoinMetrics’s Nic Carter has suggested a strategy for their co-existence. During a recent interview, the investor opined that BTC and Gold belong to the same ideological family while
Read more on ambcrypto.comAbout this in other media
Mayor Sadiq Khan on how the City can keep its finance crown: ‘High-quality talent is still choosing London’ fnlondon.com /2 years ago
Are Banks Warming Up To The Idea Of Giving Loans Against Crypto Assets? Here's What Is Happening ndtv.com /2 years ago
Not keeping up with the recovery trend can have this impact on Solana ambcrypto.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
