In a major step towards the adoption of crypto currencies by Federal regulators, the Chairman of OCC has issued an Interpretive Letter authorizing the use of public blockchain networks and stablecoins, to perform banking-legal functions, such as payment activities. This … Continue reading →
Money is, and always has been, an evolving concept. In this age of interconnected computers we’ve reached a new turning point. The U.S. Treasury no longer prints a paper dollar for every dollar it creates. Many of the ‘dollars’ are … Continue reading →
The Washington Examiner has posted an overview of the history of Bitcoin along with a speculation as to its future. Worth reading despite the occasional snide comment and a failure to appreciate the big picture Bitcoin embodies. My very best … Continue reading →
Yesterday the DJIA finally broke 30,000, setting a record. It would almost certainly have happened earlier this year but for the pandemic overreaction which suppressed the national, and world, economies. There is a great deal of elation within the financial … Continue reading →
SOME REASONS WHY BITCOIN AND OTHER CRYPTO CURRENCIES ARE UP DRAMATICALLY. Important Factors Driving Bitcoin’s Drastic Growth in 2020.
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