The blog of Alejandro Brega
Central Banks might resort to cryptocurrency reserves as means of supplementing national gold reserves, according to veteran cryptographer Nick Szabo. He also holds that the use of digital currencies will rise in countries with distraught economies. Cryptocurrency Over Gold Speaking at the Israel Bitcoin Summit at Tel Aviv University, legendary…
Leave a CommentAs of today, we are fine regarding Bitcoin as “play money”, and we are fine even if we don’t know of its existence yet. It’s a fun experiment, not an actual contender. You can be sure that buying a pizza for 10 dollars today will not make you immortal for…
Leave a CommentNick Szabo believes that Bitcoin (BTC) could replace Gold as an international value store. According to the acknowledged cryptographer, central banks could use Bitcoin and supplement their national gold reserves. He also believes that countries with macroeconomic problems would also begin to embrace Bitcoin and other digital assets. Szabo gave…
Leave a CommentThe Bitcoin bull, Mike Novogratz, the CEO of the cryptocurrency commercial bank Galaxy Digital, is not affected by the recent bear market, and says that bitcoin is “digital gold” that will survive and prosper in the long term. Novogratz admitted that he lost money during the fall of 2018 due…
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