Thursday, March 28, 2024
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Ethereum Might Dethrone Bitcoin as Best Crypto Store of Value, Study Argues – Bitcoin News

A recent paper authored by members of several universities, including Sydney and Macquarie, argues that recent changes in Ethereum monetary policy are making it a better store of value than bitcoin. The deflationary effect that the EIP-1559 proposal has caused in the issuance of the currency is said to be

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Why Bitcoin Will Take a Long Time to Dethrone the Dollar

Byrne Hobart, a CryptoX columnist, is an investor, consultant and writer in New York. His newsletter, The Diff (diff.substack.com), covers inflection points in finance and technology.  The most optimistic bitcoin investors are hodling out for one thing: the rapturous bitcoin rally known as “hyperbitcoinization.” The hyperbitcoinization thesis goes like this: Every

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Though ‘Intriguing,’ Crypto Won’t Dethrone Dollar, Says IMF Economist

Digital currencies have gained prominence over the last few years, although such options will not budge the U.S. dollar from its seat of prominence, according to chief economist International Monetary Fund (IMF) Gita Gopinath.“Improvements in payment technology may have lowered the cost of switching from cash to digital payments,

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