Why Bitcoin Will Never Replace Fiat Currency

Bitcoin price dipped under $10,000 while trading on Sunday. | Source: Shutterstock As the resident bitcoin skeptic at CCN.com, today I’ll be looking at the myth that bitcoin will one day replace all fiat currencies. The Bull Fiat Currency Case for Bitcoin The bullish argument goes as follows: governments are increasing their borrowings to unprecedented […]

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Bitcoin ‘Not a Rational Currency,” Doesn’t Mean It’s Worthless: Ex-Fed Chair Greenspan

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Former Federal Reserve Chairman Alan Greenspan said that bitcoin bears many similarities to the Continental dollars that the American Congress printed during the War for Independence to finance the war against Great Britain. Greenspan, who chaired the Fed from 1987 to 2006, […]

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