Posts

Showing posts from October 20, 2024

How Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists Claim

Image
Bitcoin’s rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin’s speculative growth leads to wealth redistribution, where early investors gain while non-holders and latecomers are left poorer. Economists warn this dynamic could harm societal stability, deepening inequality and threatening democracy […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/1fvo5Ub

Russia Pushes Digital Currency Plan for BRICS — Is This the End of Western Financial Dominance?

Image
Russian President Vladimir Putin has unveiled a plan to introduce digital currencies as a key tool for investment for the BRICS alliance. This proposal aims to boost economic growth in developing nations, with a focus on minimizing inflationary risks. By involving BRICS members and other developing countries, Putin sees this initiative as a critical step […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/1fvo5Ub

UBS Predicts ‘No Landing’ for US Economy — What It Means for Markets and Inflation

Image
Global investment bank UBS is forecasting a “no landing” scenario for the U.S. economy, where growth continues and inflation remains stable, defying predictions of recession. With stronger-than-expected jobs data and GDP growth, UBS expects election-driven market volatility but sees economic momentum and AI trends supporting equities growth as the Fed moves toward rate cuts. UBS […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/1fvo5Ub