Economics And Finance
What Are Credit Default Swaps, How Do They Work, And How They Go Wrong
Updated: 10-6-2021: The Intrinsic Value Of Bitcoin, Calculated Using Sovereign Credit Default Swaps. What Are Credit Default Swaps, How Do They Work, And How They Go Wrong Bitcoin is incredibly cheap, considering it provides insurance on the U.S. financial structure, as well as all fiat currencies around the world. [embed]https://www.youtube.com/watch?v=er9QFc1rO8M&list=PLU1KxUVqGmaPTgry25tZIxAZMlKQwkWUl[/embed]…
Cyberattack Sends Quadrillion Dollars Derivative’s Trading Markets Back To The 1980s #GotBitcoin
Updated: 2-2-2023: The derivatives market is, in a word, gigantic—often estimated at over $1 quadrillion on the high end. Cyberattack Sends Quadrillion Dollars Derivative's Trading Markets Back To The 1980s #GotBitcoin * Shops Clearing Trades Were Forced To Process Deals Manually * Incident Highlights Importance Of A Little Known Software…
“Is Bitcoin Reacting To The Chaos Or Is Bitcoin Causing The Chaos?” Max Keiser
Updated: 3-13-2023: Banking Crisis Won’t Kill Crypto Banking Despite Short-Term Pain. "Is Bitcoin Reacting To The Chaos Or Is Bitcoin Causing The Chaos?" Max Keiser From alternative banks to on-chain banking, crypto banking still has plenty of options, experts say. Related: The Weaponization of Bitcoin And Global Finance Bitcoin…
OnlyFans To Net $1.2 Billion This Year And $2.5 Billion In 2022 Off Sex Workers’ Hard Labor
At the height of the pandemic, Jessica, a 33-year-old single mother living in the suburbs of Chicago, felt like she was drowning. OnlyFans To Net $1.2 Billion This Year And $2.5 Billion In 2022 Off Sex Workers’ Hard Labor Her ex was paying reduced child support as a result of…
Bitcoin Has Lost Its Way: Here’s How To Return To Crypto’s Subversive Roots
These days I spend most of my time tweaking the code of a bitcoin wallet that runs in Terminal. Bitcoin Has Lost Its Way: Here’s How To Return To Crypto’s Subversive Roots Based on Libbitcoin, it’s built to work over Nym Technologies’ anonymizing mixnet. I call it the Dark Renaissance…
Weaponizing Blockchain — Vast Potential, But Projects Are Kept Secret
“Emerging technologies such as blockchain have the potential to define the war industry over the coming decades,” former NATO Secretary General Rasmussen tells Cointelegraph. Weaponizing Blockchain — Vast Potential, But Projects Are Kept Secret When Indian Defense Minister Rajnath Singh said that blockchain and artificial intelligence would “revolutionize war,” as…
Federal Reserve, Global Central Banks Announce Joint Action To Inject Liquidity Into Markets!! #GotBitcoin
Fed, Other Central Banks Set Joint Liquidity Operation. Federal Reserve, Global Central Banks Announce Joint Action To Inject Liquidity Into Markets!! #GotBitcoin The U.S. Federal Reserve on Sunday said it had joined with the Bank of Canada, Bank of England, Bank of Japan, European Central Bank and Swiss National Bank…
How To Safely Store Deposits If You Have More Than $250,000
Updated: 3-13-2023: The FDIC said it will fully protect depositors after Silicon Valley Bank’s implosion. But wealth advisers say clients should strategize about where they park their cash. How To Safely Store Deposits If You Have More Than $250,000 Related: What Are Lightning Wallets Doing To Help Onboard New Users?…
Banks Lose Hundreds Of Billions As Depositors Seek Higher Deposit Yields #GotBitcoin
Updated: 3-9-2023: Banks big and small posted steep declines. PacWest Bancorp fell 25%, and First Republic Bank lost 17%. Charles Schwab Corp. fell 13%, while U.S. Bancorp lost 7%. America’s biggest bank, JPMorgan Chase & Co., fell 5.4%. Banks Lose Hundreds Of Billions As Depositors Seek Higher Deposit Yields #GotBitcoin…
Will 1% Yield Force The Fed Into Curve Control?
Why The Fed Might Bring Back 'Operation Twist' (VS Yield Curve Control) In 2021. Will 1% Yield Force The Fed Into Curve Control? As the 10-year Treasury yield climbs, Wall Street’s 2021 outlooks provide clues for just how much of a selloff the central bank will tolerate. Will 1% Yield…
SEC And DOJ Charges Lobbying Kingpin Jack Abramoff And Associate For Money Laundering
Abramoff and the founder of AML Bitcoin face charges for fraud in misrepresenting the token’s compliance, with the founder himself facing jail time for money laundering. SEC And DOJ Charges Lobbying Kingpin Jack Abramoff And Associate For Money Laundering On June 25, the United States Securities and Exchange Commission charged…
Schwab’s $200 Million Charge Puts Scrutiny On Robo-Advising
When Charles Schwab Corp. launched its robo-adviser service in 2015, the company said it would be a smart, low-cost and hands-free solution that would automatically invest clients’ money in various exchange-traded funds. Schwab’s $200 Million Charge Puts Scrutiny On Robo-Advising The product, Schwab Intelligent Portfolios, was part of a crop…