An ECB Board Member Attacks Bitcoin, Says It ‘Does Not Fulfill the Basic Properties...
Isabel Schnabel, a board member with the European Central Bank (ECB), has attacked bitcoin claiming the crypto asset “does not fulfill the basic properties of money.” She also describes...
IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves
The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings. In a recent study, the global lender points to the changing geopolitical landscape,...
Christine Lagarde: ‘The European Central Bank Cannot Go Bankrupt or Run Out of Money’
In remarks that highlight flaws of the fiat currency system, the European Central Bank (ECB) president, Christine Lagarde, says the institution cannot go bankrupt even if it incurs losses...
Why We Ought to By no means Hope For A Central Financial institution Of...
Bitcoin economist, Tuur Demeester, explains why the thought of a ‘Central Bank’ of Bitcoin would create extra issues than it might resolve.
Bitcoin Exchanges Related To Early US Banking System
Within...
Back to Basics: What Is Money?
Our current economic system can be compared to a merry-go-round that has us consuming, trapped in debt and spending as quickly as we earn. What is fiat currency? Why do...