Bitcoin Demand in Economically Volatile Countries Reaches Record Highs

Nothing drives up demand for Bitcoin more than economic and political uncertainty. Well maybe a large dose of China initiated FOMO, but fundamentally BTC acts as a solid hedge against failing fiat and economic policy. This year has not been one to remember for a number of nations, and that has clearly been reflected in their demand for digital assets. Bitcoin Demand Surging The economies and local currencies of two South American countries have been battered this year. According to reports, Venezuela lost almost a quarter of its gross domestic…

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XRP Is 10 Times Safer Than Fiat for Intl Payments – Ripple

According to Ripple, XRP is 1/10th as volatile as fiat for cross-border payments. The current SWIFT system is so slow it exacerbates international payment risk. XRP payments clear so fast that the exchange rate risk is negligible. The math busters over at Ripple have crunched the numbers and conducted a study that concludes that XRP […] The post XRP Is 10 Times Safer Than Fiat for Intl Payments – Ripple appeared first on CCN.com

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