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#Bank for International Settlements

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Fiat Currencies Last a Median 33 Years, BIS Data Shows, Catching the Attention of Bitcoin Fans
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Fiat Currencies Last a Median 33 Years, BIS Data Shows, Catching the Attention of Bitcoin Fans

Key Highlights: Bank for International Settlements (BIS) research found roughly 70% of tracked fiat currencies have been discontinued, typically due to economic causes. Despite crypto advocates using this data to bolster Bitcoin’s fixed-supply thesis, the BIS explicitly declared that Bitcoin rejects the social compact that money embodies. The BIS maintains that functional money requires credit ...

BIS Paper Reveals Shallow Understanding of Bitcoin Yet Aligns With Saylor on One Key Point
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BIS Paper Reveals Shallow Understanding of Bitcoin Yet Aligns With Saylor on One Key Point

Key Highlights: A new Bank for International Settlements paper by economist Iรฑaki Aldasoro argues that bitcoin cannot function as money because it lacks trust architecture, a lender of last resort, and a responsive supply โ€” while Strategy co-founder Michael Saylor contends bitcoin is capital, not currency, and is too valuable to be spent. Despite reaching ...

Banks Could Slow Stablecoin Growth by Raising Rates for Savers, BIS Paper Finds
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Banks Could Slow Stablecoin Growth by Raising Rates for Savers, BIS Paper Finds

Key Highlights Bank of America CEO Brian Moynihan warned that as much as $6 trillion in traditional deposits could shift toward yield-generating stablecoins and related instruments. Research from the Federal Reserve and the Bank for International Settlements (BIS) indicates that while stablecoin reserves may flow back into banks, the shift alters funding stability and raises ...