fiat currency Flash News List | Blockchain.News

List of Flash News about fiat currency

Time Details
2024-08-03 16:40
Paolo Ardoino Highlights Inflation Concerns

According to Paolo Ardoino, the notion that 'inflation is a myth' is quite striking. This comment suggests that Ardoino, a key figure in the cryptocurrency market, is emphasizing the real and impactful presence of inflation. Traders should consider the implications of inflation on the value of fiat currencies and how it might drive interest in cryptocurrencies as a hedge. (Source)

2024-08-17 19:25
Comparison of Euro's Purchasing Power Over Time

According to @Bitcoin_ator, a retweet by @paoloardoino highlights the diminishing purchasing power of the Euro since its introduction. The tweet compares the cost of 5 pizzas, a snack, and 5 drinks in August 2002, which was 34€, to current prices, suggesting that fiat currencies like the Euro have significantly lost value over time. This could be an argument for the adoption of cryptocurrencies as a hedge against fiat currency devaluation. (Source)