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Tag: store of value

Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa

October 4, 2024 wp-bot Bitcoin News

Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin’s 18.1%. This trend is driven by the instability

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US companies forecast to buy $10.3B in Bitcoin over next 18 months — Report

September 6, 2024 wp-bot Cointelegraph

The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020.

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Central banks buying gold at record levels, but Bitcoin still outperforms

September 2, 2024 wp-bot Cointelegraph

Central banks bought a record 483 tonnes of gold in the first half of 2024, driving the asset to an all-time high. 

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De-Dollarization Faltering in Africa Because Citizens Lack Confidence in Their National Currencies

August 7, 2024 wp-bot Bitcoin News

Despite clearly articulating reasons for de-dollarization in the Global South, African leaders will struggle to convince residents to embrace national currencies without changing economic management

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Bitcoin will protect the wealth that AI creates: Pompliano

June 25, 2024 wp-bot Cointelegraph

AI machines will need to use and store their wealth somewhere, and Bitcoin is the logical choice for that, Anthony Pompliano says.

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Fidelity’s Director of Global Macro Sees Bitcoin as ‘Exponential Gold’ on Store of Value Team

June 18, 2024 wp-bot Bitcoin News

Fidelity Investments’ Director of Global Macro sees bitcoin as “exponential gold” and “an aspiring player on the store of value team.” According to his analysis,

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Blockchain
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