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Save Your Skin from Inflation with BTC, the Great Monetary Shift and SHIB Burns

'Save Your Skin' From Inflation With BTC, The Great Monetary Shift, and SHIB Burns — Bitcoin.com News Week in Review

Another spicy week of crypto news heads into the weekend, with Mexico’s third-richest billionaire advising “save your skin” from hyperinflation by buying bitcoin, Shark Tank star Kevin O’Leary predicting that bitcoin mining will “save the world,” Bitcoin.com News noting eerie similarities between the current great monetary shift and the creation of the U.S. Federal Reserve, and SHIB achieving some notable burn statistics. Here’s your digest of the most important crypto news this week, the Bitcoin.com News Week in Review.

'Save Your Skin' From Inflation With BTC, The Great Monetary Shift, and SHIB Burns — Bitcoin.com News Week in Review

Buy Bitcoin, ‘Save Your Skin’ — Mexico’s Third Richest Billionaire

Ricardo Salinas Pliego is the third-richest Mexican billionaire. He shared his experiences with hyperinflation. He warned that the U.S. and several other civilized countries are “going exactly the same route” his country went through in the 1980s. He warned: “The bad news is that the U.S., and Japan, and the U.K., and the euroblock — they are going exactly the same route my country went in the 80s.”

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'Save Your Skin' From Inflation With BTC, The Great Monetary Shift, and SHIB Burns — Bitcoin.com News Week in Review

The Eerie Similarities between Today’s Great Monetary Shift & the Panic-Led Creation Of the Federal Reserve System

While many Americans believe that the U.S. Federal Reserve acts as the caretaker for the country’s money system, they also believe it to be one the most corrupt financial institutions. In 2022, amid a gloomy economy, war, and a number of global crises, the possibility of a great monetary shift has increased.

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'Save Your Skin' From Inflation With BTC, The Great Monetary Shift, and SHIB Burns — Bitcoin.com News Week in Review

Kevin O’Leary predicts that trillions of dollars will flood into Crypto — Bitcoin Mining Will ‘Save The World ‘

Shark Tank star Kevin O’Leary, aka Mr. Wonderful predicted that billions of dollars would flow into cryptocurrency, especially bitcoin. He also predicted that bitcoin mining would “save the .”

world.”

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'Save Your Skin' From Inflation With BTC, The Great Monetary Shift, and SHIB Burns — Bitcoin.com News Week in Review

Shiba Inu Burn Rate Hits 26,000%, 1.4 Billion SHIB Burned in 24 Hours

Last Saturday saw a lot more tokens being burned by shiba Inu, the second largest meme-based cryptocurrency. According to statistics, the network’s burn rate increased by 26,592%, with 1.4 billion SHIB destroyed in 24 hours.

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What do you think? Is bitcoin going to save you from hyperinflation? Can bitcoin mining save the planet? Are global panics going to lead to something similar to the creation and expansion of the Federal Reserve? We’d love to hear your comments in the section below.

Bitcoin.com

Bitcoin.com is the best place to find everything Bitcoin-related. We can help with buying bitcoins or choosing a wallet. You can also access the latest news and engage with the Bitcoin Forum community. This website lists Bitcoin-related companies, wallets, and exchanges.

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Disclaimer: This article is for informational purposes only. This article is not intended to be a solicitation or offer to buy or sell any products or services. Bitcoin.com does not provide investment, tax, legal, or accounting advice. The author and the company are not responsible for any loss or damage resulting from or related to the use or reliance of any content, goods, or services mentioned here.

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Bitcoin at a Crossroads: How Nation State Acquisitions Could Reshape Cryptocurrency

Rumors swirl around the potential for nation states to acquire large reserves of bitcoin (BTC), sparking debates on the risks and benefits for the cryptocurrency’s future. Could Nation States Holding Bitcoin Spark Hyperbitcoinization? In recent days, rumors have emerged about nation state accumulating substantial amounts of bitcoin…
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DOJ Strikes Bitcoin Fog: The End of Darknet’s Most Elusive BTC Service

A landmark sentencing has closed the chapter on Bitcoin Fog, the longest-running bitcoin mixing service on the darknet, with its operator facing over a decade in prison. The Fall of Bitcoin Fog: DOJ’s Pursuit Unmasks a Decade-Long Darknet Operation The U.S. Department of Justice (DOJ) announced Friday that Roman Sterlingov has been sentenced to prison [……
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Robert Kiyosaki Discloses Bitcoin Holdings — Plans to Buy More BTC at Any Price

Robert Kiyosaki has revealed his bitcoin holdings and plans to buy more BTC over the next year, along with his investments in gold, silver, and real estate — assets he views as “real money” for building lasting wealth. Robert Kiyosaki Unveils Bitcoin Holdings, Shares His Approach to Gold…
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