Bitcoin Bought at $20K Retained More Value Than the Peso –

Bitcoin has proven to be a store-of-value in Argentina where you would have been better off buying BTC at its peak rather than hold the peso. Argentina Ensnared Political and Economy Turmoil The Argentinian economy continues to shrink, afflicted by stubbornly high inflation, which President Mauricio Macri, who is running for re-election, has been unable […]

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Argentina Central Bank’s Inability to Stop Inflation is Forcing People to Bitcoin

As Argentina’s inflation rate skyrockets to its highest level since 1992, people are increasingly turning to Bitcoin as an alternative. Inflation in Argentina Surpasses 54 Percent Argentina’s central bank already tightened monetary policy three times in the last month, and inflation is still accelerating at a rate of nearly 55 percent. Bloomberg notes: The inflation […]

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Tim Draper is Betting On Bitcoin Lightning Payments for Starbucks

Bitcoin payment processor OpenNode has successfully concluded a seed round. The project has raised $1.25 million with prominent Bitcoin proponent Tim Draper and Draper Associates.  OpenNode Seals the Deal OpenNode is a bitcoin payment processor, describing itself as “the easiest way to accept bitcoin.” The company has announced that it managed to close a $1.25 […]

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Bitcoin Price Analysis: Is Bitcoin Approaching a Turning Point?

Bitcoin surprised the world and rallied after the SEC postponed a decision on the Van Eck/ Solid X Bitcoin ETF. At the same time, XRP, ETH and few other altcoins posted impressive gains. Are cryptocurrencies approaching a turning point? Market Overview This has been a fantastically exciting week for cryptocurrencies. XRP pulled off a 100% […]

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Tim Draper: Bitcoin is ‘The Most Secure Place to Put Your Money’

Adam James · May 13, 2018 · 1:00 am Tim Draper, an American venture capital investor and founder of the firm now known as Draper Fisher Jurvetson (DJF), took the time to wax thoroughly poetic on Bitcoin on Thursday — telling the hosts of CNBC‘s “Closing Bell” that the world’s most popular cryptocurrency is “the […]

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PayPal CFO: Bitcoin’s Success is Very Likely

Adam James · February 21, 2018 · 8:00 pm There’s a lot of doubt surrounding Bitcoin’s potential as a viable, real-world currency – but PayPal’s chief financial officer sees only positive things in the dominant cryptocurrency’s future. A ‘Very High Likelihood’ of Success According to John Rainey, PayPal’s chief financial officer, Bitcoin, and other cryptocurrencies will […]

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