Former Coinbase chief expertise officer Balaji Srinivasan has argued that the US authorities might attempt to use tech giants like Apple and Google to steal crypto from residents. Srinivasan says that world governments might go bankrupt inside a decade and are determined to grab Bitcoin ( BTC ) to fund their operations. He mentioned the … Read more
Famend investor Jim Rogers, co-founder of the Quantum Fund with billionaire George Soros, has been sounding the alarm about the way forward for the US greenback, predicting its inevitable fall as extra nations actively search options. In an unique interview with Sputnik, revealed on Wednesday, Rogers shares his insights on the altering world foreign money … Read more
Nobel Prize-winning economist Paul Krugman says that no single foreign money can play the position of the US greenback. Commenting on the development of de-dollarization and the opportunity of a US default, he burdened that with out the USD, “monetary markets can be tormented by a scarcity of secure and liquid belongings.” Economist Paul Krugman … Read more
Mike McGlone, senior commodities strategist at Bloomberg, has highlighted the historic sample of Bitcoin (BTC) booms and busts, that are carefully tied to liquidity. In line with McGlone, Bitcoin’s present worth degree of round $27,000 could also be liable to turning round, contemplating it was solely $7,000 on the finish of 2019 earlier than the … Read more
A weakening within the industrial actual property sector might pose a risk to the US monetary system at giant, in response to economist Peter St Onge. In a brand new video replace, analysts say development in key US city areas seems to be waning, probably wiping out many actual property corporations which are leveraged and … Read more