The Biden admin's restrictions on U.S. investments in China intensify the Sino-U.S. tensions. Aand China’s gold hoard peaks at 2,136 tons.
Gold
Bitcoin itself came as a response to the 2008 global recession. Introducing a new path to transact without depending on the power of third parties, such as banks. The failing ones, in particular, were still bailed by governments at public expense. Given its birth nature, people always consider bitcoin a decent way to fight the […]
With the surge in its popularity, Bitcoin often gets labeled left and right. The labels can often be misleading, especially the brand ‘Digital Gold’ or ‘Gold Replacement.’ The bank of Singapore went as far as claiming that Bitcoin will replace Gold as a store of value. Such notions are incredibly flawed. Carelessly throwing them around […]
Inflation is a part of every economic lifecycle. While it should be expected, keeping your money in cash can prove the universe. Currency can lose value during inflation, and its purchasing power can diminish. That’s why many people turn their cash into aspects that can hold their worth over time. Stocks, bonds, crypto, and Bitcoin, […]