Another spicy week of crypto news heads into the weekend, with Mexico’s third-richest billionaire advising “save your skin” from hyperinflation by buying bitcoin, Shark Tank star Kevin O’Leary predicting that bitcoin mining will “save the world,” Bitcoin.com News noting eerie similarities between the current great monetary shift and the creation of the U.S.
and several other civilized countries are “going exactly the same route” his country went through in the 1980s.
Federal Reserve is the caretaker of the country’s monetary system, it’s also believed to be one of the worst financial institutions ever created.
Last Saturday, the second-largest meme-based cryptocurrency, shiba inu, has seen a lot of tokens burned.
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As Americans continue to deal with rising inflation, on Tuesday the spread between 2-year and 10-year Treasury yields inverted, signaling the U.S.