Finance and Personal Finance

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Financial Abundance.

23 Mar 2023 3 minute read 0 comments Olawalium

Sometimes there is a supply but the abundance is lacking. Why Do You Need Financial Abundance? It Eliminates Rejection: The Bible says the relative of the poor despise them and their friends rejects them. We need to be honest with ourselves, money...

If Bitcoin is Made Legal Tender: A Thought Experiment (Part 1)

22 Mar 2023 4 minute read 3 comments CryptoForAll

On my earlier post, Bitcoin Must Be Made Legal Tender (Your Coins Aren't Safe Until It Is), a kind reader asked this question in the comments: what the benefit would be for established governments like the US or UK to make BTC legal tender? I fired o...

First Republic Bank bites the dust : Bitcoin vs Bank series

22 Mar 2023 1 minute read 9 comments Yugocean

While Bitcoin is playing a bull run and bear attack, another US based Bank has bitten the dust, this time it is San Francisco based First Republic Bank. The Bank First Republic Bank was established on February 5, 1985, and is a public company listed...

What is Fractional Reserve Banking and why is it A Biggest Scam in Financial History.

21 Mar 2023 1 minute read 0 comments CrSanity

How to hide a Ponzi Scheme in plain sight? Fractional Reserve Banking is a simple procedure, which banks utilize to generate income. It involves lending out a part of money deposits of bank clients, as well as buying bonds and investing.  While comm...

How does it feel to work for the minimum wage? ( In France )

21 Mar 2023 1 minute read 3 comments Bastien Scellier

I am currently working in a convenience store near my home. A small shop where I work as a "polyvalent employee", that is to say that I do all the tasks that can be done by any person with two legs, two arms and a more or less functional brain during...

Is the Current System Sound or Is It in Danger and in Need of Rescue and Protection? Treasury Secretary Janet Yellen Is Unable to Answer This Simple Question.

21 Mar 2023 3 minute read 2 comments ssaurel

From time to time, a ship takes on water. When a ship takes on water, do you know what the best chance of survival is for the passengers? The best chance of survival for the passengers is to have a ship captain who will keep calm and know how to make...

Go Mad To Yourself.

21 Mar 2023 2 minute read 2 comments Amjadwaince

Madness or anger is part of our psychological mindset which normally rise up when our expectations not meet. It is our instinct as human that we want the things according to our viewpoint. We want that our decisions must be accepted by all , our acti...

Criticizing Bitcoin by Spreading Lies About This Revolutionary System Never Ends Well

20 Mar 2023 2 minute read 3 comments ssaurel

History proves it. We have once again a demonstration of this truth with Credit Suisse whose CEO had said in November 2017 that Bitcoin was a bubble and that he was skeptical about Bitcoin. Six years later, Credit Suisse was absorbed by UBS for "only...

What Drives Interest Rates?

20 Mar 2023 2 minute read 0 comments stag89

Calculating interest rates is one of the most perplexing aspects of borrowing money. Interest rates vary, and when you go to get a loan or a mortgage, the loan officer may seem intimidating when he starts talking about annual interest rates, nominal...

What Is A Bank Run?

20 Mar 2023 3 minute read 0 comments mercurial9

In times of crisis, people seek certainty. They want to know that their hard-earned money is safe and secure. But what happens when everyone has the same idea at once? Can a bank run out of cash if everyone simultaneously withdraws their money? The a...