Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Fiat Money
Jordan Peterson: Bitcoin Could Separate Money from State
Clinical psychologist and former professor Jordan Peterson discussed Bitcoin’s societal and philosophical implications at the Bitcoin 2022 Conference on Friday. He compared the story behind the cryptocurrency to a “fairy tale”, and suggested it could separate government from monetary control. A Defence of Free Market Ideals Though Jordan Peterson’s best-selling books and online lectures cover psychology, he’s also an outspoken political voice for classical liberalism. In particular, he is famous for railing against the over-prevalence of Marxist theory within the…
3 years ago
Mexican Billionaire: Fiat Money Is Fake, Invest in Bitcoin
Mexican billionaire urged his followers to stay away from "fake" fiat money - and invest in Bitcoin instead. In his tweet on Christmas Eve, Billionaire Ricardo Salinas Pliego warned his followers about fiat money. He said that fiat money, like U.S. dollars, is nothing but "paper and lies." Stay away from fiat money. The dollar, Euro, yen or peso - they are all the same story. It's fake money made from paper and lies. Salinas, the third-richest man in Mexico…
3 years ago