What Recent Developments in the Fintech Space Mean for Our Future
There have been several significant movements forward for digital assets, and there are more to come. Here’s what to keep an eye on. Go to Source Powered by WPeMatico
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How Global Stablecoins Can Promote Financial Stability in the World
Global stablecoins could provide market participants with a cost-efficient means to rebalance their capital across global markets. Go to Source Powered by WPeMatico
Gold Bug Schiff Calls Bitcoin Fiat Following Fed Comments
Peter Schiff agrees with the Fed that Bitcoin should be classified as fiat currency. Go to Source Powered by WPeMatico
Decred Co-Founder: CBDCs Can Facilitate Crony Capitalism
Co-founder of Decred believes that the CBDCs could create greater information asymmetries that would benefit ruling elites. Go to Source Powered by WPeMatico
Fed Chair Powell Warns of ‘Unsustainable’ Budget as US National Debt Crosses $26 Trillion
In his testimony before the Senate banking committee, Federal Reserve Chairman Jerome Powell warned Congress that the U.S. federal budget has been on an unsustainable path for years. He added that the U.S. economy is facing a deep downturn with “significant uncertainty.” ‘Unsustainable Path’ The Federal Reserve chairman testified before the Senate banking committee on … Read more
Limitless Bailouts: US Federal Reserve Announces Billion-Dollar Corporate Bond Purchase Program
During the last three months, the U.S. Federal Reserve has created a system of monetary avarice, as the central bank can literally do whatever it wants with zero oversight. The American public recently witnessed the Fed’s announcement on Monday, which explained the central bank will be buying individual corporate bonds on a regular basis. Moreover, … Read more
Fed Chairman: Inflation Not a Threat Long-Term Despite Massive Balance Sheet
The chairman of the Federal Reserve sees no issues with the massive expansion of the Fed’s balance sheet and believes that inflation will struggle to stay above the target. Go to Source Powered by WPeMatico
Not With Bitcoin: Rumor ECB Eyeing $500B Debt Quarantine in ‘Bad Bank’
Coronavirus will inflate the EU bad debt mountain, and banks should be shielded, while an official speaks highly of so-called “bad banks.” Go to Source Powered by WPeMatico
2020 Libertarian Presidential Candidate Jo Jorgensen Talks Bitcoin, Endless Wars, Covid-19 Response
On June 8, news.Bitcoin.com chatted with the U.S. 2020 Libertarian candidate for president, Joanne Jorgensen. The Libertarian Party’s nominee for president is the party’s first female candidate and she is a firm believer in free markets and civil liberties. This week our newsdesk discussed a number of issues with the Libertarian 2020 presidential candidate Joanne … Read more
The Global COVID-19 Pandemic Gave People the Mandate of Independent Money
With the failure of traditional, centralized finance to beat the new economic crisis, people will turn to Bitcoin as the best solution. Go to Source Powered by WPeMatico