Workflow
Financial crisis
icon
Search documents
X @Avalanche🔺
Avalanche🔺· 2025-08-12 18:08
In Argentina, strict USD controls and hyperinflation of up to 25% in a month force people into cuevas, illegal and dangerous cash dollar shops.On Avalanche Live, @buenbit shared how its Avalanche-powered stablecoins offer a safer way to protect wealth. https://t.co/Y2sa6aVQCH ...
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
In 1971, when I was a young clerk on the floor of the New York Stock Exchange, the United States ran out of money and defaulted on its debts. That's right, the US ran out of money. How.Well, back then, gold was the money used in transactions between countries. Paper money, like the dollar, was like checks in a checkbook in that it had no value other than it could be exchanged for gold, which was the real money. At the time, the United States was spending a lot more money than it was earning by writing a lot ...