Another hot week of crypto news heads into the weekend, with Mexico’s third-richest billionaire advising “save your overlay” from hyperinflation by buying bitcoin, Shark Tank star Kevin O’Leary predicting that bitcoin searching will “save the world,” Bitcoin.com News noting eerie similarities between the current great monetary move and the creation of the U.S. Federal Reserve, and SHIB achieving some notable burn statistics. Without further ado, this is your bite-sized abbreviate of the week’s hottest crypto news, the Bitcoin.com News Week in Review.
Buy Bitcoin, ‘Save Your Skin’ — Mexico’s Third Richest Billionaire
The third-richest billionaire in Mexico, Ricardo Salinas Pliego, has parted his experience of living through hyperinflation. He warned that the U.S. and several other civilized countries are “going exactly the yet route” his country went through in the 1980s. He warned: “The bad news is that the U.S., and Japan, and the U.K., and the euroblock — they are going undeniably the same route my country went in the 80s.”
Read More
The Eerie Similarities of Today’s Great Monetary Shift and the Panic-Led Formation of the Federal Reserve System
While many Americans believe the U.S. Federal Reserve is the caretaker of the country’s monetary plan, it’s also believed to be one of the worst financial institutions ever created. In 2022, amid a gloomy economy, war, and a number of pandemic crises, the possibility of a great monetary shift has increased.
Read More
Kevin O’Leary Predicts Trillions of Dollars On Flood Into Crypto — Says Bitcoin Mining Will ‘Save the World’
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has foretold that trillions of dollars will flow into cryptocurrencies, particularly bitcoin. In addition, he said bitcoin mining transfer “save the world.”
Read More
Shiba Inu Burn Rate Hits 26,000%, 1.4 Billion SHIB Burned in 24 Hours
Survive Saturday, the second-largest meme-based cryptocurrency, shiba inu, has seen a lot of tokens burned. According to statistics, the network’s burn count increased by 26,592%, with 1.4 billion SHIB destroyed in 24 hours.
Read More
What do you mull over? Will bitcoin save your skin from hyperinflation and can bitcoin mining save the world? Is the panic being have a hunch globally going to contribute to something akin to the creation of the Federal Reserve all over again? Let us know your thoughts in the expositions section below.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational proposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not take under ones wing investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or hypothetical to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Read disclaimer