Bitcoin’s appeal as an investment could diminish its effectiveness as a currency, and alternative models should be tested, writes Michael Casey.
In the world of cryptocurrency, there are two main types of ecosystems. Either a cryptocurrency is inflationary – with new coins generated by mining or staking – or it is deflationary. A lot of people claim bitcoin’s deflationary status is a problem, and how minor inflation could alleviate these concerns. However, there are different aspects […]
Nearly every economy in the world is struggling right now, thanks to the global financial crisis. Japan is one of the few countries in Asia where there is, in fact, economic growth. Then again, a 0.2% boost in GDP is not that spectacular either. The approach of pumping more money into the local economy is […]
Would switching from the euro to bitcoin be a bad move for Greece? Techcrunch recently posed this question, and while the writer makes some valid arguments, it’s quite possible that The post Is Bitcoin Bad for Greece? appeared first on NEWSBTC.
The European Central Bank is finally launching its major quantitative easing (QE) in order to fight the euro zone’s slide towards deflation. But with the evident failure of this monetary policy so far
The global macroeconomic picture is sending out a message and that is one of deflationary forces starting to take hold.
Arguments have been made for deflation, which is a decrease in the general price level of goods and services. Deflation technically occurs when the inflation rate falls below zero, causing a negative
Jeffrey Tucker is an economist who’s also savvy with blockchains (a rare combination). He is responsible for introducing Bitcoin to many of his readers via his authorship of four books and founding of
You’ve probably heard it many times if you frequently spread the good word about crypto. “Isn’t Bitcoin volatile? What if the price crashes?” By now, many POS systems offer free fiat conversion, alleviating some concern, but until the volatility of cryptocurrencies is addressed, most people will be unwilling to hold any. We need to find a […]
I hope to set a Bitcoin Magazine record for most succinct argument here, as my profession has an uncomfortable obsession with efficiency. I study economics because I like teaching at the University level, and because I want to improve the field. Here’s how the community can help. Coin enthusiasts often struggle at convincing economists and […]
Bitcoin could be a threat to US monetary policy if it gets big enough, says a US governmental report.