Reports of bleached counterfeit bills crop up across North America

Dodgy dollars are appearing everywhere, from Texas to Hawaii to Canada, as fiat counterfeiting is seemingly making a comeback.

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Central Banks Show ‘a Lot More Pessimism’ About US Dollar, Survey Shows

The latest gold reserves survey by the World Gold Council shows that central banks are less optimistic about the future role of the U.S. dollar while their confidence in gold has risen. “There was basically a lot more pessimism about the U.S. dollar and a lot more optimism for gold,” said the council’s director of [...]

The post Central Banks Show ‘a Lot More Pessimism’ About US Dollar, Survey Shows appeared first on Crypto Breaking News.

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Yuan Usage Soars in Argentina: Over 500 Companies Request to Pay for Imports in Chinese Currency, Report

Over 500 companies in Argentina have reportedly requested to pay for imports using Chinese yuan as the U.S. dollar shortage worsens. “The central bank doesn’t have dollars so it needs the emergency aid China is offering,” a trade economist in Buenos Aires explained. Chinese Yuan Usage Hits Record High in Argentina The Argentine customs agency

The post Yuan Usage Soars in Argentina: Over 500 Companies Request to Pay for Imports in Chinese Currency, Report appeared first on BTC Ethereum Crypto Currency Blog.

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Arbitrum Airdrop Goes Live: ARB Price Drops More Than 85%

On Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices recorded the day before. Arbitrum airdropped just over a billion ARB tokens, or 11.6% of the total supply. At noon ET, more than 474 million tokens had been claimed. Wild Volatility for ARB Token: [...]

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BRICS Bank ‘Re-taps Into USD Bond Market’ With $1.25 Billion ‘Green’ Bonds

The development bank established by the BRICS group of nations has issued its first “green” bonds in U.S. dollars (USD). Proceeds from the placement will be used to fund “green” projects supported under the banking institution’s sustainable financing policy. BRICS Development Bank Launches 3-year ‘Green’ Bonds The New Development Bank (NDB), founded by the BRICS

The post BRICS Bank ‘Re-taps Into USD Bond Market’ With $1.25 Billion ‘Green’ Bonds appeared first on BTC Ethereum Crypto Currency Blog.

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Central Bank of Bolivia Selling Dollars Directly to Citizens as Devaluation Fears Rise

The Central Bank of Bolivia is now selling dollars directly to citizens in order to curb what it is calling a speculative attack that has increased the demand of the population for foreign currency. This rise in demand has been caused by several factors which led the population to believe there might be a devaluation [...]

The post Central Bank of Bolivia Selling Dollars Directly to Citizens as Devaluation Fears Rise appeared first on Crypto Breaking News.

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Celsius pulled half a billion dollars out of Anchor Protocol amid Terra chaos

Crypto lending business Celsius had at least half a billion dollars of funds parked in Anchor Protocol but appears to have pulled all of it out over a frantic 24 hour period earlier this week.  Wallets controlled by Celsius sent at least 261,000 ETH ($535 million at current prices) to Anchor Protocol over the past […]

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No One Understands The Monetary System, And That’s Not OK

Understanding the monetary system is foundational to seeing what’s wrong with the current system and to have a true grasp of Bitcoin and its importance.

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Rough Waters Ahead For The US Dollar

Historical cycles and paradigm shifts in monetary policy can give us a look into Bitcoin’s potential and the future value of the U.S. dollar.

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MineDollars Introduces Users To The World Of Passive Income...

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The Cloud Mining Platform for All of us, MineDollars, has Officially Launched…

MineDollars is mobile cloud-mining software that enables anyone to mine Bitcoin from the comfort of their own home.

Normally, mining it necessitates the procurement of expensive equipment. MineDollars' cryptocurrency cloud mining, on the other hand, allows customers to mine at home without having to purchase pricey equipment.

What exactly is MineDollars?

MineDollars is a cloud mining platform with over 320,000 users, it is quickly becoming a popular choice. Mining is the process of looking for blocks of bitcoin to process. This is done for you automatically using MineDollars. Each attempt is referred to as a 'hash' in the industry.

Do you think it's a big deal? That's right, it is! MineDollars has mining farms in numerous countries and has invested in data centers across Europe and Asia. Its mining methods, for example, are powered by renewable energy sources, making it both an environmentally beneficial crypto enterprise and a profitable one. Let's take a look at why investors are flocking to MineDollars.

Here are a few reasons why users should use MineDollars as their Cloud Mining platform:

Each member is assigned a Personal Manager who will assist them throughout the process.

The minimum investment is only $10, so anyone who is new to cryptocurrency and wants to learn more can do so with a minimal sum.

Users can buy new mining contracts and reinvest whenever they choose.

A thorough dashboard provides users with real-time earnings and investment statistics, allowing them to be in charge at all times.

MineDollars also has the following notable features:

Users can then rent one of their miners and start earning passive revenue as soon as they start!

More Info Visit Their Official Site:
https://MineDollars.com

Contact: Terry Desylvia
info@minedollars.com

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Information Provided via Press Release
The Crypto Press Association | Crypto & NFT Press Release Distribution

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Replacing The U.S. Dollar With Bitcoin: Building The Layers Of Bitcoin Architecture

Deconstructing the layers of Bitcoin’s architecture shows that it already has the structure to replace our fiat system.

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How U.S. excessive dollar printing benefits crypto

In 2020, the United States Federal Reserve embarked on a massive dollar printing journey, necessitated by the need to deliver financial stimulus packages for the American taxpayers during the wave of the Covid-19 pandemic.

The post How U.S. excessive dollar printing benefits crypto appeared first on CryptoSlate.

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Study shows Bitcoin delivered 99.996% deflation against the U.S. dollar over past decade

With inflation at an all-time high in the United States, it is no surprise that investors are actively searching for an investment vehicle that would help them to properly hedge against this rising tide.

The post Study shows Bitcoin delivered 99.996% deflation against the U.S. dollar over past decade appeared first on CryptoSlate.

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G7 leaders issue central bank digital currency guidelines

Financial leaders from the G7 agree that CBDCs would complement cash and should not be detrimental to the monetary system.

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hi Introduces Earnings on Crypto Assets Up to 40% APY on Offer

Not-for-profit financial services platform, hi will introduce its Earnings product to all members allowing them to passively earn on any crypto asset.

Continue reading hi Introduces Earnings on Crypto Assets Up to 40% APY on Offer at DailyCoin.com.

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SEC takes action against Chinese billionaire's companies for unregistered ICO and IPO

The SEC has taken action against three companies owned by Chinese Billionaire Guo Wengui for commingling the proceeds from two unregistered securities offerings.

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El Salvador’s Legislative Assembly Green Lights The $150 Million Bitcoin Trust

The Legislative Assembly of El Salvador has issued legislation on the approval of a $150 million Bitcoin Trust. In addition, they passed legislation supporting crypto services and infrastructure development across the entire country. They passed the bill on August 31, and 64 officials voted in support, while 14 opposed the creation of the Bitcoin Trust. The Trust aims to enhance BTC to U.S. Dollars conversion and support the essential technological infrastructure. This will enable the widespread adoption of digital assets. Related Reading | Former DigitalX Executive Appointed As The New Binance Australia CEO The government of El Salvador has mapped out $23.3 million for establishing crypto ATMs. They have also set aside $30 million for incentivizing the use of Chivo, the state-backed wallet. Bitcoin To Be Used As Legal Tender The news came just a week preceding the set implementation time for the controversial Bitcoin law of the country. The legislation will recognize BTC as legal tender across the Country by Sept. 7. The country currently uses U.S. dollars as legal tender. Bandesal, the Development Bank of  El Salvador’s was appointed to manage the Bitcoin Trust operation. El Salvador plans to redirect the $150 million from their $500 million loans with (CABEI)Central American Bank for Economic Integration. They took the CABEI loan for economic recovery for medium and small-scale businesses. In addition, the government will channel $23.3 million of the funds to support the establishment of government-approved crypto ATMs. This will allow the residents to exchange Bitcoin for USD and verse versa. Moreso, $30 million was also mapped out for incentivizing the citizens to continue adopting Chivo, the Government’s digital wallet. Statement From The President President Nayib Bukele announced that the government would airdrop $30  Bitcoin to all Salvadoran adults who download Chivo wallet. He added that the country’s population is 6.5 million, which is high enough. This suggests two things; the first is that the government thinks Bitcoin adoption will be less. The second option is that they are yet to allocate enough Bitcoin that will go round. Related Reading | Cream Finance Plans To Repay The Stolen Funds To Its Users Today in related news, Koibanx announced that it signed an agreement with the El Salvador government on cryptocurrency infrastructure. The deal is to develop the county’s infrastructure on digital currency with Algorand’s open-source blockchain. Many citizens of El Salvador, including people from international organizations, have been skeptical about El Salvador’s Bitcoin Law. The law has also witnessed some critics too. BTC is on the verge of breaking the $50K barrier | Source: BTCUSD on TradingView.com Maria Luisa Hayém Brevé, the country’s Minister of Economy, has stated that the government focuses on crypto education. She added that they use crypto incentives to complement the high rate of uncertainty among their population. Featured image from Pixabay, chart from TradingView.com

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Bitcoin Alleviates Future Uncertainty

A Weekly Series Of Essays About The Language Of Bitcoin by Alex McShane

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Fed Governor Waller Endorses Regulated Stablecoins to Strengthen US Dollars International Influence

Federal Reserve Governor Christopher Waller has expressed his approval of stablecoins, emphasizing their potential to improve the efficiency of payment systems. Waller highlighted the benefits of stablecoins, noting their ability to facilitate faster and cheaper transactions compared to traditional banking methods. In a speech delivered at a virtual event hosted by the American Enterprise Institute, [...]

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