Deutsche Bank Suggests Cryptocurrencies Will Replace Cash by 2030

Deutsche Bank Suggests Cryptocurrencies Will Replace Cash by 2030

A fresh research report out of Deutsche Bank suggests that cryptocurrencies could replace cash by 2030. According to Deutsche Bank‘s research report, this development hinges on crypto becoming “substitute” to fiat currencies rather than a monetary “addition”. Deutsche Bank research paper speculates that crypto could kill cash This news came out in Deutsche Bank‘s recent … Continue reading Deutsche Bank Suggests Cryptocurrencies Will Replace Cash by 2030

Big Banks are Anti-Bitcoin but Have Paid Over $243 Billion in Fines Since the Financial Crisis

Big Banks are Anti-Bitcoin but Have Paid Over $243 Billion in Fines Since the Financial Crisis

When I ask people what do they think of Bitcoin? The response often equates to, ‘isn’t that the thing that people use for crime on the internet?’ However, if I were to ask my friends, what do you think about banks? They will often complain of expensive fees or greedy bankers, being paid too much … Continue reading Big Banks are Anti-Bitcoin but Have Paid Over $243 Billion in Fines Since the Financial Crisis

Largest Private Bank in Russia Launders $9 Billion While Bitcoin Remains Focus of Regulators

Largest Private Bank in Russia Launders $9 Billion While Bitcoin Remains Focus of Regulators

A $9 billion scam via money laundering was discovered by a group of journalists recently. This scam, with roots in the largest private bank in Russia, includes no involvement of Bitcoin. The scam allowed the criminals to move billions from its shell businesses and into the global financial system. It was revealed by the Organized … Continue reading Largest Private Bank in Russia Launders $9 Billion While Bitcoin Remains Focus of Regulators

British Politician Says: Banks Are Broke

During a European Parliament meeting in 2013, the British politician Godfrey William Bloom explained that banks are broke.

During a European Parliament meeting in 2013, the British politician Godfrey William Bloom explained that banks are broke. All the major banks are broke since they lend money they do not have, which is not possible with decentralised digital currencies. Cryptocurrency is an example of digital currencies. Banks are broke Bloom argued that central banks … Continue reading British Politician Says: Banks Are Broke