Auto Added by WPeMatico

Stablecoin payment app Reserve helps individuals protect their savings against inflation in Latin America

"Our long-term vision is to create a currency that is stronger than any fiat currency that exists now," said Reserve community manager Yens Michiels.

Continue ReadingStablecoin payment app Reserve helps individuals protect their savings against inflation in Latin America

Twitter CEO Jack Dorsey Warns Hyperinflation Will Soon Happen in US and the World

Twitter and Square CEO Jack Dorsey has warned that hyperinflation will soon happen in the U.S. and elsewhere in the world. “Hyperinflation is going to change everything. It’s happening,” he…

Continue ReadingTwitter CEO Jack Dorsey Warns Hyperinflation Will Soon Happen in US and the World

Cryptocurrencies Have ‘No Intrinsic Value’ Says South African Hedge Fund Guru

Jean-Pierre Verster, the founder of a South African hedge fund Protea Capital Management, has said he does not believe there is “intrinsic value” in cryptocurrencies. He insists that cryptocurrencies have…

Continue ReadingCryptocurrencies Have ‘No Intrinsic Value’ Says South African Hedge Fund Guru

New Crypto Aims to Solve ‘Zimbabwe’s Money Problems Using Blockchain Technology’

The Zimbabwean currency’s collapse in 2008 and record hyperinflation are widely seen as textbook examples of what can go wrong with a centralized currency. For instance, some cryptocurrency enthusiasts —…

Continue ReadingNew Crypto Aims to Solve ‘Zimbabwe’s Money Problems Using Blockchain Technology’