Inflation

High Bitcoin Prices Are Proof of US Inflation, According to Peter Thiel

High Bitcoin Prices Are Proof of US Inflation, According to Peter Thiel

Rising bitcoin (BTC) prices, according to PayPal co-founder and venture capitalist billionaire Peter Thiel, are proof that inflation has taken hold in the US economy. Thiel, who said over the weekend “at a conservative conference”. That high BTC prices “indicate the economy is facing real inflation,” according to Bloomberg. The investor went on to say […]

BitMEX Report: Issuance of CBDCs may lead to inflation

BitMEX Report: Issuance of CBDCs May Lead to Inflation

A March 18th post by BitMEX Research discusses the two approaches governments can take with regards to the issuance of a Central Bank Digital Currency (CBDC) and the ramifications for the economy. Money Supply In the modern economy, the money supply is largely determined by the banks’ ability and/or willingness to make loans. From a […]

Zimbabwe returns to crypto

Zimbabwe Returns to Crypto as Reserve Bank Proposes Regulatory Sandbox

The Reserve Bank of Zimbabwe (RBZ) is reportedly developing a regulatory sandbox for cryptocurrency companies in the country. The news was reported on March 16 by the local newspaper Chronicle, citing a representative from the bank speaking at a conference on March 13. Chronicle reports that RBZ’s deputy director for financial markets and national payment […]