How inflation and debased fiat currencies are pushing investors to Bitcoin

Bitcoin’s reputation as a safe haven asset has long been disputed by the world of traditional finance. Its lack of centralized control, extreme price volatility, and novelty made it hard to categorize as inflation-proof or recession-proof. However, in the past year we’ve seen that in times of uncertainty, investors keep choosing Bitcoin over fiat. Inflation…

British pound drops to all time lows against the dollar

On Sept. 16, 1992, the British pound dropped to its all-time low. The day has since become known as “Black Wednesday,” or the day George Soros broke the Bank of England. The historically stable currency lost 4.8% of its value against the U.S. dollar, effectively keeping the U.K. out of the E.U.’s newly formed European…