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Showing posts with the label bitcoin adoption

Bitcoin is for those in need, the rest need time to learn: Surfin Bitcoin Panel

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A panel discussion hosted at Surfin Bitcoin, France, illustrated that while Bitcoin works for those in need, more education is required. Bitcoin (BTC) is there for those that need it most; the rest may need time to learn. This message reverberated around the casino conference hall during a panel at Surfin Bitcoin, a Bitcoin-only conference in Biarritz, France, on Aug 26.  Panelists Ben Perrin, a Bitcoin Youtuber; Ernesto Hernandez, a Salvadoran business consultant; and Carol from the popular Brazillian Youtube channel “Area Bitcoin” tackled a tricky topic: “Victims of the Banking System around the world: Inflation, Censorship.” The role of Bitcoin in such testing environments was brought into question. From left: Hall, Perrin, Carol and Hernandez The panelists unloaded experience, evidence and anecdotes from their respective countries: Perrin from Canada, Hernandez from El Salvador and Carol from Brazil in order to tackle the topic. Hernandez, for example, was quick to illustrate tha...

UK Bitcoin community reacts as inflation hits 10.1%

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Join Our Telegram channel to stay up to date on breaking news coverage The inflation rate in the United Kingdom is at 10.1%, according to the data released by the UK Office for National Statistics (ONS). The Consumer Price Index increased to 10.1% in September 2022 from 9.9% in August. UK inflation hits 10.1% The data released by ONS further explained that food prices had contributed to the rise in inflation rates between August and September 2022. The ongoing war in Ukraine has caused a rise in grain prices, while the cost of dairy products has increased by more than 30% within one year. The recently released inflation` data has caused a stir in the British Bitcoin community. The CEO of UK-based Bitcoin Collective, Jordan Walker, believes that the current policies introduced by the Bank of England and the government have triggered double-digit inflation. Therefore, people in the UK needed to learn more about what was happening to their money. One of the recommendations mad...