The World Bank stopped tracking inflation in Zimbabwe in November 2008, when it reached 79.6 billion percent. One year later, the country abandoned its currency. The exchange rate at the time was $35 quadrillion Zimbabwean to $1 USD…. inflation kills!

The World Bank stopped tracking inflation in Zimbabwe in November 2008, when it reached 79.6 billion percent. One year later, the country abandoned its currency. The exchange rate at the time was $  35 quadrillion Zimbabwean to $  1 USD.... inflation kills! submitted by /u/Crevative
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Bitcoin – The Currency of the Internet

Did you know that 99.999 percent of Bitcoin Cash was made by Bitcoin Core developers? The only thing Bitcoin Cash developers has done is increasing the block size… Bitcoin Cash is an altcoin. The Lightning Network has more full nodes than Bitcoin Cash.

There is only one Bitcoin and that is BTC. Bitcoin is the most secure and decentralized cryptocurrency, it’s the perfect store of value and with Lightning Network you can make micro payments too. Do the world really need Bitcoin Cash? I think the Bitcoin Cash project will fail. I am not rude ( calling it Bcash ) I’m just realistic. Have a nice day people. This is all my own opinion.

submitted by /u/MrAlbeos
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Bitcoin – The Currency of the Internet

Bitcoin ATMs Reach 3061 in Number, 1000 added since December, Installations Growing at 10 Percent a Month

Notable stats:

Average machine does 30k a month in sales at an approx 9 percent gross margin

3 million a day in total sales for all machines

90 percent of sales are cash for bitcoin

10 percent are bitcoin for cash

340 Machines added in April

Sources: https://coinatmradar.com/charts/ https://coinatmradar.com/blog/category/bitcoin-atm/statistics/ https://coinatmradar.com/blog/revenue-and-costs-of-running-a-bitcoin-atm/

submitted by /u/olesentv
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Bitcoin – The Currency of the Internet