Zimbabwe Devalues Gold-Backed Currency by 44%
The Reserve Bank of Zimbabwe (RBZ) has devalued the Zimbabwe Gold (Zig) by 44%, causing the currency to plummet from 13.98 to 24.3 against the U.S. dollar. This…
Browsing Tag
Currency
Ethiopian Premier Defends Currency Float Decision, Rejects Devaluation Claims
The Ethiopian Prime Minister, Abiy Ahmed, has defended the decision to float the birr and insisted that this move does not amount to the devaluation of the currency.…
Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could…
Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the…
On Privacy Enhancing Currency & Supply Adaptability
One factor that has been constantly getting modified since the deployment of the World Wide Web and the Internet in the 1990s (research started in the 1960s) is the…
When Will Bitcoin Replace Fiat Currency?
https://www.youtube.com/watch?v=UAshI2Lq9SQ
Cathie Wood bought the dip, Circle opens the books on what backs the second largest stablecoin and can Bitcoin…