Why Bitcoin Miners Should Leverage Collateral Loans in a Depreciating Currency Environment
As the landscape for Bitcoin miners continues to evolve amid growing competition and economic uncertainty, innovative financial strategies are becoming crucial. John Glover, the chief investment officer at a Bitcoin lending firm, argues that instead of liquidating their mined Bitcoin (BTC), miners should consider using it as collateral for fiat-denominated loans to cover operational expenses. […]
Understanding Bitcoin as a Stateless Fiat Currency
Bitcoin is often viewed through the lens of traditional currencies, but its true nature may surprise you. Contrary to popular belief that Bitcoin stands apart from fiat currencies, it possesses characteristics that align it with the very concept it aims to challenge. Let’s delve deep into what it means for Bitcoin to be fiat. First, […]
Breaking Free from the Digit Addiction Pandemic: Understanding the Impact of Fiat and Crypto
Everyone wants to make you an addict. Some people sell illicit drugs on the black market and want you to become addicted to them so they can profit from you. The dealers naturally focus on drugs that are physically addictive because they are often the hardest to kick. When they do manage to addict you […]