Bank Runs for the Digital Age

Bank Runs for the Digital Age

How stable coins can play a role in the crisis and other theories about the current financial system

The Fate of Empires and Why Bitcoin Will Succeed

20 May 2020 1 minute read 0 comments CronBTC

The essay written by John Bagot Glubb shows a fascinating look at the timeline of empires here are his theories: -Empires lifespan is around 250 years 7 Phases of an Empire:  1. Age of Pioneers 2. Age of Conquests 3. Age of Commerce 4. Age of Afflue...

Facebook Libra

20 May 2020 1 minute read 1 comment CronBTC

The new crypto is going to be the Facebook Libra. Just the name Libra has so much historic significance. It was the name of the money system of the Roman Empire. If you know languages then Libra is pounds in Spanish. The Pound is the name of the Brit...

The Bitcoin Halving

12 May 2020 1 minute read 1 comment CronBTC

Congratulations! We survived the long awaited bitcoin halving! Now What? With the bitcoin halving the block reward is cut in half for the miners. Going from 12.5 Bitcoins every block to 6.25 bitcoins every block.  I believe with this halving of the r...

Crypto Purge Continues!!

9 Apr 2020 1 minute read 2 comments CronBTC

BREAKING NEWS!!   The Crypto Crow has been purged by Youtube!! Sent out via tweet by the Crow himself! I went to verify the authenticity and indeed the Crypto Crow account has been terminated by YouTube   I do not know who will be next in this cr...

Liquidity Crisis, The Elitist Term For Bank Run

1 Apr 2020 1 minute read 0 comments CronBTC

Earlier last month was the beginning of the end. When the markets started crashing we were entering a new kind of crisis. I’m not talking about the obvious one: The Corona Virus. I’m talking about the Liquidity Crisis.   What is Liquidity? In simples...

Putting Your US Dollars on The Blockchain!

30 Mar 2020 2 minute read 0 comments CronBTC

In my last post, I mentioned the possibility of bank runs due to past events and many recent events, namely the 1929 Crash and the Greek Debt Crisis.  Now, you maybe thinking with the CV going around who could possibly want to have physical cash righ...

Bank Runs for the Digital Age!

30 Mar 2020 2 minute read 0 comments CronBTC

If you are in the Crypto/Gold/Silver community you are well aware what the Fractional-Reserve banking system is. As a matter of fact, if you are in any of these alternative investments you may very well despise the current banking system (or at the v...