Tag Archives: fiat money

Cryptocurrency Revolution Going Full Throttle – Bitcoin Hits $7000 USD

Posted on by 3 comments

  TRANSCRIPT: Today for the first time ever Bitcoin’s price passed $7,000 soon after 10:09 UTC, giving the first decentralized digital currency a market capitalization over $116 billion.  The combined market cap for all cryptocurrencies is also at record highs, sitting at $188.5 billion. Also, one of the world’s biggest U.S. cryptocurrency exchanges Coinbasereports.com,  in its daily usage update, stated that there

Read more

The Global Economy Is Unwinding and the Central Banks are Losing Control

Posted on by 3 comments

As of October 1st, the MSCI’s All-Country World Index is down 11 percent since June 30, the sharpest slump since 2011, while its Emerging Markets stocks benchmark has fallen 20 percent in the past three months. Global equity markets have lost over $13 trillion and world market capitalization has fallen back below $60 trillion for the first time since February 2014.

Read more