Tag: currency

Bitcoin Q&A: The Switzerland of currencies

[AUDIENCE] Theoretically, is it possible to have inflation within bitcoin or other cryptocurrencies? In that scenario, what would it look like? [ANDREAS] Bitcoin currently [has] a rate of inflation of about 5% [per year]. It used to be 12% [and higher]. It’s gone down over time. Every ten minutes [on average], new bitcoin were being

Americans Review Australian Currency

– I’m picturing just like cookies in the shape of kangaroos. (laughing) – You think their money is cookies? – I don’t know what the Australian dollar is called. – I think it’s called the Australian dollar. – I hope they have animals because they have a very diverse mammal population. – Koalas, wombats. –

What is a Cross Currency?

Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “Cross Currency” A cross currency is a pair of currencies traded in forex that does not include the U.S. dollar. One foreign currency is traded for another without having to first exchange the currencies into American