Month: February 2019

Venezuela Presents Unique Bitcoin Case Study as LocalBitcoins Volume Reaches All-Time High

Venezuela has been undergoing massive hyperinflation under the Socialist regime of President Maduro, and economic conditions have reached destitute levels. Venezuela’s annualized inflation year-over-year from December 2017 to December 2018 was 1.7 million percent, rendering the native Bolivar currency effectively worthless. The endemic hyperinflation has caused millions of Venezuelans to flee the country amid restrictive…
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How MakerDAO is Redefining Secured Loans

MakerDAO is a decentralized autonomous organization (DAO) on the Ethereum blockchain that functions as a loan issuance platform via its stablecoin Dai. The platform is governed by a community of participants holding the MKR token and participate in decision-making that guides the platform’s parameters. Maker has been making waves over the last several months due…
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