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Money Printed in Response to ‘Black Monday’ Shows Shortcomings of Fiat
Recent news of the collapse of an agreement between OPEC and Russia to support oil prices has rocked markets today. Many market observers believe that the sudden plunges will force central banks around the world to print more money. дальше »
2020-3-10 18:15 | |
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The Markets Were Already Vulnerable, Then Came Coronavirus
If central banks flood the global economy with cheap money in response to the coronavirus outbreak, that is likely to help assets like bitcoin, says Kevin Kelly. дальше »
2020-3-4 13:00 | |
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CBDCs validate the value proposition of digital money: Grayscale CEO
"Like the two could not be further apart, like polar opposites" - Meltem Demirors. From a 'no Bitcoin' narrative to intensely speculating the pros and cons of rolling out central bank digital curreThe post CBDCs validate the value proposition of digital money: Grayscale CEO appeared first on AMBCrypto. дальше »
2020-3-2 21:00 | |
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The Federal Reserve Was a ‘Decentralized Innovation’ (Like Bitcoin)
For some, it will come as a surprise that the Federal Reserve, the United States’ Central Bank, is just over 100 years old. The Fed has become so ingrained as the controller of money, and monetary policy, that it seems odd it was once an innovative, new, and decentralized idea — much like Bitcoin is […] The post The Federal Reserve Was a ‘Decentralized Innovation’ (Like Bitcoin) appeared first on BeInCrypto. дальше »
2020-2-23 11:22 | |
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Russia to prohibit cryptocurrency payments
The Russian security services and the Central Bank of Russia reached a consensus on the regulation of virtual money. They propose to prohibit paying with cryptocurrencies in Russia, and allow exchange operations only through operators with special license. дальше »
2020-3-1 10:00 | |
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Coronavirus Forces China to Sanitize Billions in Paper Money, Bitcoin Avoids Such Precautions
China’s central bank, The People’s Bank of China (PBoC), plans to sanitize billions of yuan notes in areas that are worst affected by the coronavirus. The epidemic, which has hit China’s political, economic, and education systems very hard, has pushed the nation’s authorities to take extreme actions to curb the spread of the virus. дальше »
2020-2-19 23:20 | |
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Analyst: Central Banks Pushing Money into the Markets Behind Bitcoin Bull Rally
The crypto market is enjoying a bull run that has the leading cryptocurrency up over 40% in 2020 so far. Though we couldn’t breach the $10,500 level yesterday, we are still above $10k. While Bitcoin is running, altcoins are flying. дальше »
2020-2-13 19:44 | |
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Central Banks’ “Free Money” is Behind Bitcoin Bull Run: Mati Greenspan
A portion of fresh cash liquidity supplied by the global central banks has made its way into the bitcoin market, says Mati Greenspan, the founder of Quantum Economics. The prominent market analyst told BlockTV that the cryptocurrency – more or less – behaved like stocks as it rose from $6,430 to well above $10,000 in... The post appeared first on NewsBTC. дальше »
2020-2-11 16:45 | |
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Could China's DCEP 'jeopardize' US standing on world stage?
China, with its central bank digital currency, dubbed, 'DCEP' is advancing its development toward replacing coins, banknotes, and other money equivalents. China had recently implemented a law on JanuThe post Could China's DCEP 'jeopardize' US standing on world stage? appeared first on AMBCrypto. дальше »
2020-2-10 11:00 | |
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Can Bitcoin Hold up the Global Economy in a Coronavirus Crisis?
There is currently the global threat of a major economic recession looming with central banks doing all they can to prop up spending thanks to money printing and potential negative interest rates. дальше »
2020-2-8 14:15 | |
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Fed Has Doubled Money Supply Since 2008 – Ticking Time Bomb for Bitcoin to Solve?
Economic money policies across the globe have been thrown into the spotlight of late with some major central banks, like the US Federal Reserve and the European Central bank, adopting policies to try and prop up a flagging economy, but Bitcoin could serve as yet another alternative. дальше »
2020-2-7 02:37 | |
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People’s Bank of China Injects $174M Into Economy, More Than Bitcoins Entire Market Cap
While economies all over the world are functioning at a slower pace, central banks are trying to prevent a collapse by flooding more money into their markets, with China injecting the entire Bitcoin (BTC) market cap into the system. дальше »
2020-2-3 19:36 | |
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China Central Bank Injects Entire Bitcoin Market Cap Into its Economy
There is no denying that the economies of the world are slowing down. In order to prevent a complete collapse, central banks are flooding their markets with more money, and China has just injected the entire bitcoin market cap into its system. дальше »
2020-2-3 13:00 | |
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Hierarchies of Money: Why You Use Bank Money But the Bank Wants Reserve Currency
While people tend to think of money as being all the same, the fact is governments and banks use different types of money than the everyday individual. From the top of the economic pyramid of world reserve currencies, down through central bank and commercial bank money, the capacities and function of different kinds of money […] The post Hierarchies of Money: Why You Use Bank Money But the Bank Wants Reserve Currency appeared first on Bitcoin News. дальше »
2020-1-31 21:00 | |
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Cambodia’s CBDC Initiative, Project Bakong Payments App, Countdown Has Begun
The Phnom Penh Post reports that within the next couple or more months, Cambodia’s central bank is going to launch its own blockchain-based peer-to-peer money platform. The system is called Project Bakong and it will be a central bank digital currency (CBDC) – backed payments app. дальше »
2020-1-31 22:03 | |
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Cambodia to Launch Digital Currency with Support of 11 Banks
Two years after reports of a Cambodian cryptocurrency, the country is set to launch a central bank digital currency (CBDC) payment system. Project Bakong to Feature Centralized Digital Currency According to Cambodian daily Phnom Penh Post, the country’s central bank is set to roll out “Project Bakong,” a blockchain-powered money transfer platform that features a CBDC. дальше »
2020-1-31 17:00 | |
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My Message at Davos: Support Global Stablecoins via Public/Private Partnership
When I travel to Davos next week, I’ll be advocating for the public and private sector to come together to support the development of global stablecoins backed by central bank money and regulated through new forms of public and private partnership. дальше »
2020-1-19 21:22 | |
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Bitcoin Can Help Solve World’s Economic Woes, Printing Money Will Not
No matter how much the world’s leaders try to hide it, the economies of the major nations are in trouble. Extreme measures by central banks are now common practices, but history has taught us that printing more money is not the answer. дальше »
2020-1-15 05:10 | |
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Reserve Bank of Australia Looks To Deny Cryptos Like Facebook’s Libra Until Regulations Are Met
When it comes to Libra and the viability of central bank digital currencies (CBDCs), the Reserve Bank of Australia (RBA) has announced it has serious doubts. RBA officials said in December last year they don’t believe cryptocurrencies will ever take the place of money issued by governments. дальше »
2020-1-9 20:58 | |
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Germany: Central Bank Urges Europe To Strengthen Banking System Over CBDC Route
Jan Weidmann, the President of the Bundesbank, holds some very unique thoughts on the topic of money, digitization, and the network effect of payment services. Speaking with Handelsblatt, he offers his perspective on opposing Libra, which is centered around a market-oriented approach rather than endorsing the launch of a state-backed competitor such as a digital euro, JanuaryRead MoreRead More. дальше »
2020-1-4 02:00 | |
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Bank of International Settlements General Manager Now Says CBDCs Could Open New Opportunity
Agustin Carstens, the General Manager of Bank of International Settlement (BIS) who earlier believed Central Bank issued Digital currencies (CBDCs) were no good, has changed his stance. In his recent speech titled “The future of money and the payment system: what role for central banks?” Carstens seemed to emphasize that CBDC's could open the gates […] дальше »
2019-12-8 23:25 | |
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The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History
Since mid-September, the Federal Reserve has injected three trillion U. S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame the turbulent economy. дальше »
2019-12-5 01:30 | |
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Bitcoin Could Be an Alternative to Endless Money Printing
Money printing should be big business at a time where many central banks are in the process of affecting quantitative easing. But, the fact that money printing is still a necessary act proves how dated fiat currencies really are. дальше »
2019-11-30 22:31 | |
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Poland Is Buying Gold When It Should Be Buying Bitcoin
Poland has bought 100 tons of gold from the Bank of England, making it the 22nd biggest bullion holder in the world. Would it benefit from putting this money into Bitcoin instead? According to BNN Bloomberg, the Central Bank Governor Adam Glapinski told reporters that the gold reserves represent “the strength of the country. дальше »
2019-11-29 17:06 | |
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European Central Bank now investigating CBDCs to bolster central bank money
The European Central Bank [ECB] is actually considering a central bank digital currency, with the ECB now seeking a pan-European approach towards creating a true pan-European retail payment solution. дальше »
2019-11-26 12:50 | |
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3 Bitcoin Transactions Worth $5.5B Show Why BTC Isn’t Going Anywhere
Bitcoin detractors seem to be spending more ways thinking of how it could be shut down. It is true that decentralized money is a huge threat to governments and the central banks that keep them in power, but that was entirely the point of it. дальше »
2019-11-21 13:30 | |
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Bitcoin Can Rescue German Savers From Negative Interest Rates
The world is on a negative rate binge as central banks around the world are cutting interest rates, which is creating a compelling case for Bitcoin. Gone are those days, when the bank pays you for storing your wealth with them. дальше »
2019-11-21 22:43 | |
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Generation QE: How Central Banks Create Money From Thin Air
This year the public has seen a lot of the expansive monetary policy taking place with 37 central banks participating in monetary easing. Unfortunately, most people don’t understand the methods central banks like the Federal Reserve use to increase the money supply and never take the time to understand the process. дальше »
2019-11-12 23:30 | |
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Bitcoin is Speculation and Not the Future of Money, Ex-ECB Chief Says
Jean-Claude Trichet, former president of the European Central Bank (ECB), said that he was strongly against Bitcoin and hinted that cryptocurrency purchases are no more than speculation, South China Morning Post reported on Sunday. дальше »
2019-11-11 15:01 | |
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Ex-ECB Chief is “Strongly Against Bitcoin,” Says Cryptocurrencies are “Not Real”
Jean-Claude Trichet, the former president of the European Central Bank is not a fan of cryptocurrencies and is doubtful that they could ever become the future of money. “I am strongly against bitcoin, and I think we are a little complacent,” said Trichet during a panel discussion at Caixin’s 10th annual conference in Beijing on […] дальше »
2019-11-11 04:58 | |
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Corrupt CBI Officer Booked for Extorting Vigilante Bitcoiner
India’s Central Bureau of Investigation (CBI) has reportedly booked its own officer in an extortion case involving bitcoin. The target was a man who previously fell victim to the Bitconnect scam and allegedly resorted to extreme measures to recoup his money. дальше »
2019-11-10 12:30 | |
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Corrupt CBI Inspector Booked for Extorting Vigilante Bitcoiner
India’s Central Bureau of Investigation (CBI) has reportedly booked its own officer in an extortion case involving bitcoin. The target was a man who previously fell victim to the Bitconnect scam and allegedly resorted to extreme measures to recoup his money. дальше »
2019-11-10 12:30 | |
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Tunisia Central Bank Testing Digital Dinar in Collaboration with Russian Blockchain Platform
The Central Bank of Tunisia is digitizing the Tunisian dinar and has announced the launch of the E-dinar, reported Russia’s local news agency, Tass, which it says will be the first central bank digital currency. дальше »
2019-11-9 20:44 | |
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Dr. Nouriel Roubini Estimates that a Global Recession is Underway
Nouriel Roubini foresees a global financial crisis. Different policies implemented to prevent a financial downturn will not help. Central banks around the world must stop printing money. Dr. Nouriel Roubini, a professor at New York University’s Stern School of Business, estimates that a new recession could hit the global economy very soon. дальше »
2019-11-9 18:06 | |
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China’s National Digital Currency is Anything but Decentralized says Ethereum Co-Founder
China’s national digital currency is in the works, which would monitor transactions and curb money laundering. However, according to a recent interview with CNBC on November 5, 2019, Ethereum co-founder, Joseph Lubin, believes that China’s central bank digital currency (CBDC) lacks a key component of blockchain technology, which is decentralization. дальше »
2019-11-6 10:00 | |
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Bitcoin Solves This: Govt Money Printers Will Destroy Global Reserve Currencies
The current financial system as we know it is broken. If everything was ticking along as it should the central banks of the world wouldn’t have to start helping the private banks which have been acting with impunity with other people’s money. дальше »
2019-11-6 07:00 | |
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Litecoin Summit: Central banking should be eliminated, says Ron Paul
“Separate money from the state” These words came from Former Republican Congressman and Presidential candidate, Ron Paul, at the Litecoin Summit on 28 October in Las Vegas. Paul, a supporter of the cryptocurrency movement and blockchain tech, had previously stated that “cryptocurrencies are a great idea,” adding that he believes that the only role the […] The post Litecoin Summit: Central banking should be eliminated, says Ron Paul appeared first on AMBCrypto. дальше »
2019-10-29 18:00 | |
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Capital Controls to Push Bitcoin Demand: Lebanon Bans Large Dollar Cash Outs
Lebanon Public Prosecutor Ghassan Oueidat released an order that has imposed a ban on traders and money exchangers from taking significant amounts of dollar currency out of the country. This is until a new mechanism is determined for regulating such transfers. дальше »
2019-10-28 16:17 | |
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The Big Lie Perpetuated by Central Banks
The central banking system controls monetary policy within a given jurisdiction, including the creation of money itself. The system is a lie and a denial of reality. The lie is political in motivation and content, and the denial of reality is rooted in culture and philosophy. дальше »
2019-10-28 01:50 | |
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Is Bitcoin a Better Bet Against ‘Legal Crooks’?
Bitcoin has not had the best of weeks so far but its 8% slide is just a blip compared to what the US Federal Reserve has been doing recently. The central bank has ramped up its bailout or ‘repo’ scheme by injecting more money into the financial system. дальше »
2019-10-25 12:00 | |
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Lebanese Protestors Gather at Central Bank as Financial Lockout Continues
Since the beginning of widespread protests in Lebanon last week, banks and lending institutions have remained closed, fueling fears of an impending nationwide cash crisis. Attempts to assuage the concerns of suffering individuals without money or options are not proving effective, as officials scramble to address the situation against a backdrop of alleged political embezzlement […] The post Lebanese Protestors Gather at Central Bank as Financial Lockout Continues appeared first on Bitcoin News. дальше »
2019-10-25 05:45 | |
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China Injects Billions as Economy Slows, Will Investors Turn to Bitcoin?
America is not the only country manipulating its money in order to prop up a flagging economy. Today China unexpectedly injected billions in cash to prevent a fall in interest rates as the economy flounders following months of trading tensions. дальше »
2019-10-16 10:30 | |
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Dutch Central Bank: World Will Need Gold if Entire System Collapses
Crypto-skeptic Dutch central bank admits gold superiority to fiat money
дальше »2019-10-15 10:09 | |
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Top Banker Admits Fiat is Worthless, Is Bitcoin The Future of Money?
The former CEO of one of the top Swiss banks has criticized negative interest rates adding that it means money has become worthless. His comments come at a time when countries across the globe are feeling an economic squeeze and their central banks are resorting to drastic measures. дальше »
2019-10-10 14:00 | |
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