If Bitcoin matures as a store-of-value asset and governments continue to debase their fiat currencies, its price will surge well into six-figure territory, predicts Bitwise chief investment officer Matt Hougan. Growing investment in “store-of-value” assets and continued fiat currency devaluation could propel the price of Bitcoin to six figures without the need for the US…
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Central issues: The countries of the BRICS are looking into creating a new currency that could revolutionize the global financial system and replace the US dollar. The currency could be backed by a variety of things, like gold and soil or rare earth elements. BRICS countries, which are composed of Brazil, Russia, India, China,…
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