The year is 2020, and the way that we look at money has changed immensely. The shift to digital money started with the advent of services like PayPal, Payoneer, and other peer-to-peer platforms. Things were going in this line before the mass adoption of cryptocurrencies as an alternative form of unregulated money. Today, there are …
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A global recession is a temporary economic decline in the trade and industrial activity that affects many countries around the world. It is a period of global economic slowdown or down turn of economic output which is generally identified by the fall in the GDP in the successive quarters. Many companies, enterprises and entrepreneurs due to the corona virus …
Bitcoin (B) is a cryptocurrency. It is the first decentralized digital currency without a principal monetary authority or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for mediator. All bitcoin transaction are documented on virtual ledger called the block chain, which is accessible for everyone …
First, virtual cards, whether credit, prepaid or debit, are options provided by certain digital banks at European level. These will be provided by both Visa and Master Card, as the case may be. At the Latin American level they had not been used or implemented completely. Only a few years ago, the Uphold platform issued …
First, hyperinflationary economies occur in those countries where inflation rates are above average. It can be said that hyperinflation occurs when the indexes exceed two and three figures. Based on that we can say that hyperinflation occurs when inflation reaches exorbitant and uncontrollable levels. Where the prices of products increase rapidly and excessively, while the …
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