All posts in " fiat "

No chance of cryptocurrencies replacing fiat money – JPMorgan

By ethan / February 17, 2018

Virtual coins fail to meet the major criteria of currency, according to JPMorgan Chase, which has called them a bad store of value and a bad form of money. It may make sense for some investors to include digital currencies in their portfolios as a hedge, the bank said in a wide-ranging note to clients. […]


With 80% of bitcoin mined, fears rise it will become another fiat currency

By ethan / January 15, 2018

As bitcoin gets closer to its 21-million-unit limit, enthusiasts say buying the cryptocurrency will gradually become much harder, making it more valuable. Others say it will stop being decentralized. Over 16,800,000 BTC have been mined as of January 13. It is impossible to predict when all the 21 million will have been mined. Some are […]

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