Tag: inflation
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Can Bitcoin help you escape fiat inflation?
The 20th century saw government currencies abandon the gold standard, instead pegging themselves to the gold-backed US Dollar until 1971, when the United States followed suit and put the final nail in the gold standard coffin. Since then, the amount of a currency in circulation has become arbitrary, determined by central bank policies which have…
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The Genesis Block
Today marks the 14th anniversary since the launch of the Bitcoin network. Now come to be known as the Genesis block, it refers to the first block ever mined on the Bitcoin network by anonymous computer scientist Satoshi Nakamoto on 3rd January 2009. 14 years after its inception, the Bitcoin network has lived up to…
Bitcoin Bumblebee 