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Brave Browser (BAT) Now Has over 10 Million Monthly Active Users

Brave Browser (BAT), a privacy-protecting internet browser that’s focused on giving the masses absolute control over online activities, while also rewarding them with Basic Attention Token (BAT), has announced that the browser has seen more than 10 million monthly active users (MAU) since launching Brave 1.0 in November 2019, according to a blog post onRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
BTC Manager

Deutsche Bank Says Crypto Could Usurp Fiat Money And ‘Soar’ By 2030

With each passing day, there is a little increase in cryptocurrency adoption with more people being informed and special efforts dedicated to education. If a recent Deutsche Bank report is to be believed, the next decade beginning from next year will most likely record significant leaps and bounds as far as the cryptocurrency sector is concerned, ending with fiat currency being regulated. According to the “Imagine 2030” publication from the German multinational financial services giant, fiat money is slowly getting closer to the brink of complete instability because all of the factors that have been holding it in place have created an imbalance which is already beginning to tell on the system. In the section of the report dubbed “The end of fiat money?” written by Jim Reid, the analyst suggests that the 2020s will be significant because there will be an increased need for fiat alternatives. “The forces that have held the current fiat system together now look fragile and they could unravel in the 2020s. If so, that will start to lead to a backlash against fiat money and demand for alternative currencies, such as gold or crypto could soar.” As unlikely as the end of fiat might seem, Reid argues that back in the 1970s, money was always backed by commodities such as gold or silver. One of the most noteworthy things that happened to fiat after its dependence on such commodities was that inflation sometimes increased “dramatically.” Reid also argues that a major flaw with fiat currency is that it’s usually a little too tempting to produce money willy-nilly when there is nothing backing it. This is something Reid suggests that alternative currencies will solve because no one can wake up and decide to just create Bitcoin and other digital currencies, out of the blue. While it might be a little too bullish to expect that fiat will completely fall, it surely is interesting to think about all of the weaknesses fiat has and how alternative offerings like cryptocurrency, could easily step in and save the day. The post Deutsche Bank Says Crypto Could Usurp Fiat Money And ‘Soar’ By 2030 appeared first on ZyCrypto.
ZyCrypto

Coinbase’s Visa debit card adds support for DAI stablecoin

Cryptocurrency exchange Coinbase’s Visa debit card offering has added support for ethereum-based DAI stablecoin. Announcing the news Friday, Coinbase Card said DAI is the first stablecoin added to its offering. The debit card, launched this April, allows customers in the UK and EU to spend their cryptocurrencies directly from their Coinbase accounts. Just last month, Coinbase Card added support for four crypto assets - Brave browser’s basic attention token (BAT), Augur (REP), Stellar (XLM) and 0x (ZRX). It also supports bitcoin (BTC), ether (ETH), bitcoin cash (BCH) and litecoin (LTC). JD Millwood, head of marketing at Coinbase UK, recently said that the debit card offering “has helped tens of thousands of users spend their crypto as easily as the money in their bank accounts. With Christmas approaching, the demand for Coinbase Card will be will higher than ever.” Last month, Coinbase Card also expanded its reach to ten new countries in Europe, bringing the total to 29. The newly supported countries are Bulgaria, Croatia, Denmark, Hungary, Iceland, Liechtenstein, Norway, Poland, Romania, and Sweden.
The Block Crypto
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