Tag: fractional reserve banking
Coinbase CEO Calls Bitcoin ‘the Antidote to Inflation’
On March 19, Brian Armstrong, the CEO of Coinbase, appeared on Bloomberg TV to discuss various aspects of the cryptocurrency industry, including the impact...
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Jeffrey Tucker Says Dollar Will Be Dethroned, Russian Official Speaks on De-Dollarization, and a Look at Historic Fractional Reserve Banking in Italy — Week...
Bitcoin proponents eyeing fiat failures are in no shortage of news on the topic as of late, as multiple officials, economists, authors, and...
Bobby Lee: “We’re Finally Seeing The Signs Of Potential [Bitcoin] Spring”
Apr 18, 2023 at 07:30 // News The recent breakthrough of the $30,000 price level has already been taken as...
Is Bitcoin regaining its status as a safe-haven asset?
Bitcoin is on track for its third consecutive month of positive gains as investors continue to...
Bitcoin’s correlation with shares is at its lowest since 2021 as buyers grapple with the cryptocurrency’s narrative shift
Bitcoin has climbed steadily in March and is on tempo to submit its third optimistic month in a row , however its narrative has...
Senators grill federal officials over lack of oversight into SVB, Signature Bank collapse
Ad In a closely watched Senate hearing held on Mar 28, regarding the collapse of crypto-friendly banks Silicon Valley Bank (SVB) and Signature Bank,...
Is our banking system obsolete?
The fact that today’s bank deposits are at risk is not a signal that the depositors failed to perform due diligence. It is a...
A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking
Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in...
Paribus. The Fragility of Finance.
Despite a lot of turbulence in the markets this week the Federal Open Market Committee (FOMC) did exactly what was predicted. Jerome Powell carefully...
White House report takes aim at Bybit — and forgot about Deribit
The White House released its annual economic report on March 20, and it dedicated an entire section to digital assets. The authors should be commended...
Cardano CEO Calls Traditional Banks a Ponzi Scheme
CEO of Cardano, Charles Hoskinson, calls traditional banks a Ponzi scheme. He says that crypto projects have been a good escape valve during...
Silvergate, Silicon Valley Bank, Signature and the “unbanking” of U.S. crypto
Over the course of a single week we witnessed, in fast succession, the collapse of three of probably the most crypto-friendly banks within the...
Circle CEO Jeremy Allaire Warns Contagion Risks Not Completely Gone Following USDC Depeg
Circle CEO Jeremy Allaire believes that the risks to the banking system haven’t completely disappeared days after the US federal government stepped in to...
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