The Pre-Bitcoin History You Should Know

The Pre-Bitcoin History You Should Know

Although Bitcoin is now the best kind of currency, it is an evolution of those that humanity has already used. But what exactly is basic cash? Here’s the pre-bitcoin history you should know.

BIS To Allow Member Banks To Hold 1% Of Their Reserves In Bitcoin

BIS To Allow Member Banks To Hold 1% Of Their Reserves In Bitcoin

In the near future, central banks will need to introduce some sort of alternative system in order to preserve economic authority as many conventional currencies begin to lose public confidence due to inflation. Towards this end, the BIS is set to allow member banks to hold 1% of their reserves in Bitcoin.

El Salvador’s Bitcoin Default

El Salvador's Bitcoin Default

El Salvador became the first country to accept Bitcoin as legal tender in September 2021. Fast forward to the present, discussions about El Salvador’s bitcoin default are becoming commonplace.