Bookmarking Crypto Insights
Auto Added by WPeMatico
On Sunday, the U.S. Federal Reserve slashed the benchmark short-term rate by 100 basis points bringing it to zero. In addition to the rate cut, the Fed promised $700 billion in bond purchases and eliminated all reserve requirements for smaller financial institutions. However, the Fed’s rate cut didn’t help financial markets as stock markets and … Read more
Canada’s Central Bank (BOC) released a working paper this month, Incentive Compatibility on the Blockchain. In it, BOC seems to argue the world’s most popular cryptocurrency, Bitcoin, is safe from a 51% attack, double spend scenario through the right incentive structure and proof of work (POW). Also read: Coinbase Flexes Muscle, Creates Political Action Committee … Read more
As long as central banks are doing their jobs, crypto won’t replace them anytime soon, said an executive at Swiss National Bank during Money20/20 today Go to Source Powered by WPeMatico
Canada’s Central Bank and Toronto Stock Exchange operator conclude that blockchain is effective for automating securities settlements in real time Go to Source Powered by WPeMatico
MIT thinks that a Federal Reserve-backed coin, a Facebook BTC takeover, or the multiplication of altcoins could be ways to take BTC down. #NEWS Go to Source Powered by WPeMatico
The Satoshi Revolution: A Revolution of Rising Expectations. Section 1 : The Trusted Third Party Problem Chapter 3: Trying to Undo Satoshi by Wendy McElroy Do You Want a Government Fiat Crypto? (Chapter 3, Part 4) It is the ability of governments to acquire money without direct taxation that makes modern warfare possible, and a … Read more
