Tag: Silver

New Stablecoins Backed by Gold and Silver Emerge

Cryptocurrencies do not always carry the label of “legal tender” in most countries. In fact, the number of countries where Bitcoin and altcoins are legal tender can almost be counted on one hand. Quintric is trying to change that by issuing legal cryptocurrencies backed by silver and gold. It is quite an interesting project, although its chances of success are unknown. The Quintric Project is a Bold Venture It is safe …
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Better Than Tether? Why Crypto Traders Are Increasingly Using Gold & Silver Instead

Tether was a hit from moment one, rising within months to billions of dollars issued. It provided a much-needed service for active crypto users, a stable settlement vehicle for volatile times, open to everyone globally—even those whose local currencies and banks could not serve the same purpose. Disclosure: This is a Sponsored Article But there could be a crimp in this digital wiring, with rising scrutiny over a lack of …
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Gold and Silver vs Bitcoin and Litecoin

A lot of financial experts tend to think of Bitcoin and Litecoin as the digital counterparts of gold and silver. All four assets have seen significant value changes over the past few years. One thing that stands out right now is how Bitcoin is worth more than 1 Oz of gold, and Litecoin is worth more than 1 Oz of silver. Perhaps there is some truth to this comparison after …
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Bolivian Police Arrest Man Carrying Over 120 Pounds in Gold And Silver

It is evident that people will go to great lengths when it comes to protecting their financial futures. One US citizen has been detained in Bolivia as he carried over 121 pounds of gold on him during his travel. He also carried a minor amount of cocaine and several pounds of silver coins. Apparently, he took everything of value and converted it into assets that can be used to hedge …
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