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Russia May Turn to Crypto to Pay Off Its Foreign Debt as Sanctions Mount
US Treasury Department officials announced that Russia would no longer be able to pay bondholders through US banks after May 25, 2022 due to sanctions imposed by the Biden administration for its invasion of Ukraine. дальше »
2022-6-1 15:51 | |
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What Happened In 1971? President Nixon Broke Money, Giving Central Banks Absolute Monetary Authority – Bitcoin Fixes This
The Nixon shock and subsequent dissolution of the Bretton Woods system have resulted in untenable inflation, mounting national debt, and extreme income and wealth inequality as the world’s largest economy stands on the brink of hyperinflation. дальше »
2021-8-17 20:20 | |
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The Fed pumping the stock market might help Bitcoin, but not for the reason you expect
Despite cheering against central banks printing money and governments accumulating massive amounts of debt, these phenomena may be the very things that bolster Bitcoin’s price action in the months and years ahead. дальше »
2020-4-16 21:15 | |
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U.S. Unemployment Estimates Point to a Debt Time-Bomb About to Explode
If estimates for unemployment levels above 30% persist, banks could be in for a world of pain and even the Federal Reserve can't soften. The post U.S. Unemployment Estimates Point to a Debt Time-Bomb About to Explode appeared first on CCN.com дальше »
2020-3-31 17:13 | |
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Minting Basic Income – US Lawmaker Asks Treasury to Issue Two $1 Trillion Coins With No Debt
The U. S. is now facing the onslaught from the coronavirus outbreak. During the last two weeks, bureaucrats have shut down multiple industries while the Federal Reserve has injected trillions into the hands of private banks. дальше »
2020-3-22 17:01 | |
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Scramble for Dollars: Emergency Cash Injections in $250 Trillion Global Debt Place the Fiat Ponzi On Ventilator
The last few weeks of global hysteria has shown there’s been a mad dash for dollars and various fiat currencies. Moreover, central banks have tried to quell cash liquidity issues by injecting trillions into the hands of private banks and hedge funds worldwide. дальше »
2020-3-20 01:15 | |
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With So Much Debt Around, Investors Need Bitcoin as a Reflation Hedge
Market prices don't reflect rational decisions and central banks can hardly manage inflation. That's where bitcoin comes in. дальше »
2019-12-21 19:30 | |
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At 0%, Bitcoin Yield Is Greater Than The ‘Safest Bonds’ Of Many Countries
France Issues First 10-year Bonds At A Negative Interest Rate France has issued its first-ever 10-year bond at a negative borrowing rate, later this week. These negative yield banks mean instead of receiving, investors will pay interest for owning French sovereign debt. дальше »
2019-7-6 19:29 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies
On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. дальше »
2019-5-11 21:34 | |
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After QuadrigaCX: New Regulations for Canadian Exchanges Are in the Works
As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges. дальше »
2019-3-20 18:42 | |
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How blockchain is reshaping our economic, environmental and social orders Pt I
In this series we look past 2020 to what the future holds for crypto beyond fiat-pegged stable coins and speculative prices to the original ethos of crypto and the cypherpunk movement - to redesign our economic, social, political and environmental structures . дальше »
2018-12-19 01:00 | |
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Op Ed: It’s Time to Reject Mediocrity, #ExitFiat and Embrace Bitcoin
When the towers in New York fell, I became obsessed with economics. I wanted to follow the money to understand what happened on that dreadful day. During that time of inquiry, I found myself very interested in Austrian economic theory. дальше »
2018-11-21 19:26 | |
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
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BlockFi Now Offers Litecoin and Gemini Stablecoin-Backed Loan Options
Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether. дальше »
2018-10-16 16:07 | |
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Maker (MKR) Price Up over 25% – Biggest Gainer Today
If you haven’t heard of Maker, it is a token that is part of a stablecoin system composed of both MKR and DAI. Unlike Tether and other stablecoins, Maker does not rely on banks to provide stability, but instead relies on Collateral Debt Positions (CDPs). дальше »
2018-10-9 03:13 | |
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Big banks want to issue new blockchain bond on Ethereum, but there’s a catch
Even the goddamn World Bank isn’t immune to blockchain hype: it has mandated that the first ever bond be issued via blockchain. The Commonwealth Bank of Australia (CBA) will be issuing what’s being called “the Kangaroo bond. дальше »
2018-8-10 13:30 | |
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40% of Geneva Votes for Debt Free Money
Switzerland has rejected a sovereign money proposal that prohibits commercial banks from printing money out of thin air, but 442,387 citizens, out of around two million, were in favor. In... The post 40% of Geneva Votes for Debt Free Money appeared first on Trustnodes. дальше »
2018-6-11 15:30 | |
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