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Category economic impact

MainNewseconomic impact
Academic Paper Demonstrates Bitcoin Mining’s Potential to Mitigate Methane Emissions

Academic Paper Demonstrates Bitcoin Mining’s Potential to Mitigate Methane Emissions

Researchers Murray A. Rudd, Matthew Jones, Daniel Sechrest, Daniel Batten, and Dennis Porter have unveiled a new study showcasing a cutting-edge fr...
Sep, 03, 2024
by Bitcoin News
Study: Generative AI Could Add Trillions to Global Economy

Study: Generative AI Could Add Trillions to Global Economy

A new report by McKinsey & Company suggests generative artificial intelligence (AI) technologies could boost global economic output by trillions of...
Jul, 31, 2023
3 min read
by Bitcoin News
Study Shows Bank of England’s Rising Interest Rates Threaten 1.2 Million UK Households With Insolvency

Study Shows Bank of England’s Rising Interest Rates Threaten 1.2 Million UK Households With Insolvency

The Bank of England made an impactful move last Thursday, June 22, 2023, as it raised the benchmark bank rate to 5%, marking a significant 0.5 perc...
Jun, 25, 2023
3 min read
by Bitcoin News
Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’

Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’

Roughly 26 days ago and in the following days, the U.S. witnessed two significant bank failures when Silicon Valley Bank and Signature Bank collaps...
Apr, 05, 2023
2 min read
by Bitcoin News
Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue

Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue

Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His t...
Mar, 09, 2023
2 min read
by Bitcoin News