The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
NYTimes 09/Apr/2020 With $2.3T Injection, Fed's Plan Far Exceeds 2008 Rescue
NYTimes 09/Apr/2020 With $2.3T Injection, Fed's Plan Far Exceeds 2008 Rescue
It's a bit old, but that's precisely why people want Bitcoin:
https://7bitcoins.com/hsbc-closes-bank-accounts-for-hong-kong-protesters-movement/
Bitcoin fixes this
https://7bitcoins.com/hsbc-closes-bank-accounts-for-hong-kong-protesters-movement/
Bitcoin fixes this
7Bitcoins
HSBC Closes Bank Accounts for Hong Kong Protesters Movement | 7Bitcoins
Hong Kong protests continue for more than five months. As the situation heats up, there are more and more crowdfunding activities and groups that support
My personal attitudes toward Bitcoin:
2013 (first heard of Bitcoin): Wait... Looks like it's toy money. There's no way that this thing will take over the world
2017: Maybe this thing will take over but it's too expensive. Let's buy ETH instead
2021: If the governments continue to print money like no tomorrow, Bitcoin and other crypto will take over
I wonder what will happen in 2025...
2013 (first heard of Bitcoin): Wait... Looks like it's toy money. There's no way that this thing will take over the world
2017: Maybe this thing will take over but it's too expensive. Let's buy ETH instead
2021: If the governments continue to print money like no tomorrow, Bitcoin and other crypto will take over
I wonder what will happen in 2025...
https://www.nytimes.com/2021/03/01/technology/china-national-digital-currency.html
"But while Bitcoin was designed to be decentralized so that no company or government could control it, digital currencies created by central banks give governments more of a financial grip. These currencies can enable direct handouts of money that expire if not used by a particular date and can make it easier for governments to track financial transactions to stamp out tax evasion and crack down on dissidents."
"But while Bitcoin was designed to be decentralized so that no company or government could control it, digital currencies created by central banks give governments more of a financial grip. These currencies can enable direct handouts of money that expire if not used by a particular date and can make it easier for governments to track financial transactions to stamp out tax evasion and crack down on dissidents."
NY Times
China Charges Ahead With a National Digital Currency
The electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a homegrown digital currency.