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Avalanche🔺· 2025-08-12 18:08
Economic Challenges in Argentina - 阿根廷面临严格的美元管制和高达每月 25% 的恶性通货膨胀 [1] - 这迫使人们转向 cuevas,即非法且危险的现金美元商店 [1] Avalanche Stablecoins as a Solution - Buenbit 分享了其 Avalanche 驱动的稳定币,为保护财富提供了一种更安全的方式 [1] - Avalanche 上的稳定币旨在为阿根廷人提供一种替代方案,以应对当地货币贬值和美元获取限制 [1]
askARK What Would Be The Biggest Catalyst For Bitcoin Adoption?
ARK Invest· 2025-07-09 14:46
What would be the biggest catalyst for Bitcoin adoption by individuals. The way I kind of like to think about this is a lot of people would say something like Bitcoin becoming legal tender in the US or hyper bitcoinization. But the biggest driver in my opinion would be something of a financial crisis or something that forces people to look for assets outside the fiat system.If you think of the origin of Bitcoin in the Genesis block, Satoshi embedded a message that was referencing an article from the Times a ...
The Time the United States Ran Out of Money
Historical Context & Monetary Policy Shift - In 1971, the US defaulted on its debts due to insufficient gold reserves to back its paper currency [1][2][3] - President Nixon suspended the dollar's convertibility into gold, effectively ending the gold standard [3][5] - President Roosevelt similarly broke the link between paper dollars and gold in 1933 [7][8] Economic Impact & Market Reaction - The stock market surprisingly rose nearly 25% after Nixon's announcement, contrary to initial expectations of a plunge [6] - Devaluation of the dollar occurred because the US printed more paper money than it had in gold reserves [9] - Breaking the link to gold allowed the US to continue spending beyond its earnings by printing more dollars [9] Currency Strength & Economic Fundamentals - A nation's currency strength is based on the strength of its economy [4] - The US economy was considered the strongest in the world at the time of Nixon's decision [5]