Tag: Bitcoin

Ray Dalio warns!! Fiat Money in ‘Dangerous’ as a Store of Wealth, But Bitcoin, Stablecoins Still Not the Answer

Billionaire investor Ray Dalio has explained that fiat currencies are in serious "jeopardy" as a powerful store of wealth. But he still doesn't believe that Bitcoin (BTC) and stablecoins will be the solution either. Dalio, founder of hedge fund Bridgewater Associates, explained on the CNBC Squawk Box Feb. 2 that The large print of the US dollar and other reserve currencies led him to question whether these were forms of “Effective money”? “We live in a world where fiat money...

VOLATILITY IS A DOUBLE-EDGE BLOCK

Bitcoin is the most in-demand cryptocurrency, as it has proven to be a virtual currency that has made its way. As a result, most of the big investors around the world are inclined toward this cryptocurrency. One digital currency that provides greater security is Bitcoin, which operates under blockchain technology, providing agility, reliability, and immediacy when carrying out operations or transactions. Its volatility depends solely on the surrounding environment's trends, making it highly vulnerable. If you're looking for a way...

‘Celsius is using money very much like a pyramid scheme,’ says court-appointed investigator – Bitcoin Addict

Shoba Pillay, court-appointed examiner It submitted her final report on the partial operations of Celsius' bankruptcy Jan. 31. The document was released Sept. 29 and was 470 pages long, excluding 31 appendices. Pillay is a former federal prosecutor. and a partner at the law firm Jenner & Block, where she will determine how clients' cryptocurrencies are stored at Celsius, as well as the accuracy of the company's public data. This includes the use of new deposits to pay existing customers,...