WTF happened 53 years ago today — Why the Nixon shock is still affecting us all
In his 1971 speech ending the gold standard, Richard Nixon promised to stabilize the dollar, but instead, nearly everything has gone up in price.
Related Posts


IMF global financial stability report sees complex roles for cryptocurrency, DeFi
Decentralized finance offers a mix of risks and benefits as it forms interconnections with traditional finance, the International Monetary Fund finds in a new report. 241 Total views 13 Total shares According to the International Monetary Fund's Global Financial Stability report released Tuesday, the war in Ukraine — following hard on the heels of the…

Telecom company fined $1M for role in Biden deepfake scam
The Biden deepfake scam highlights the risks of emerging tech and the need for regulation to safeguard elections and public trust.

Generational Shift to Open $28 Trillion Retirement Market to Crypto
The CEO of Kingdom Trust, a regulated custodian managing over $13 billion in assets, believes a generational shift will soon open the $28 trillion retirement industry to Bitcoin. 1155 Total views 47 Total shares In an interview with Cointelegraph, Ryan Radloff, the CEO of the crypto-friendly $13 billion custodian Kingdom Trust, asserted that a “generational…

Coinbase CEO will meet with US lawmakers to discuss crypto legislation: Report
The crypto exchange is currently involved in a legal battle with the U.S. Securities and Exchange Commission over allegedly offering unregistered securities. 809 Total views 1 Total shares Brian Armstrong, the CEO of United States-based cryptocurrency exchange Coinbase, is reportedly planning to meet with members of Congress to discuss digital asset legislation and related issues.According…

Bitcoin’s next move, Elon Musk’s promotion, the toilet paper NFT: Hodler’s Digest, March 14–20
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBullishness for Bitcoin continues despite its struggle to reclaim $60,000Bitcoin dazzled us…

Bank of Canada sees no strong case for a digital dollar — for now
Amid the global CBDC race, the Canadian central bank does not currently see a strong case for issuing a state digital currency. 3821 Total views 7 Total shares The Bank of Canada does not see a strong reason for issuing a central bank digital currency, or CBDC at the moment.Timothy Lane, the Bank of Canada’s…

Africa’s blockchain journey begins with poverty alleviation – CEO Sumotrust
Africa must erase the poverty in general and help people into the middle class in order to drive faster blockchain technology incorporation. 60 Total views 2 Total shares There has been a resounding call for Nigeria, and Africa in general, to incorporate blockchain technology into its mainstream living. However, during a fireside chat involving stakeholders

Bitcoin tags $100K despite warning Fed rate cut pause 'here to stay'
Bitcoin decides that bad news is good news as a mixed US employment outlook sends BTC price action back to six figures.