Banking

406 Articles 6 Followers


Russia Creates Blockchain Alternative to SWIFT

29 Jul 2022 4 minute read 11 comments MintDice.com $1.19

In February 2022, the Russian government ordered an invasion of Ukraine because they claim that Ukraine was violating aspects of an agreement between the two countries. Angry that Russia would invade a country unprovoked, an embargo against Russian...

A vintage Warren Buffett-ism for the modern CeFi meltdown

14 Jul 2022 2 minute read 6 comments meg0 $0.68

The Warren Buffett-ism about "swimming naked when the tide goes out" has recently seen a resurgence. Understanding the origin and meaning of this saying helps explain why it keeps popping up in reference to the current CeFi collapse.  Plus, a semi-re...

Cash App's New Investment Feature

7 Jul 2022 2 minute read 1 comment NickytheClone $0.29

               Where We've Been       Many of us are aware of Square's (the parent company of Cash App) incorporation of Bitcoin into its platform. The ability to buy and sell Bitcoin instantly using Cash App was a game-changer that launched Bitcoin'...

The Central Bank of Russia initiate test face for digital Rubel earlier than planed

26 Jun 2022 2 minute read 8 comments Patch $0.64

The Central Bank of Russia is moving ahead with its plans to implement a digital version of the Ruble. It is almost like they have some external pressure put on them forcing them to move ahead with the project. Or they can just be very effective and...

Crypto has Already Overtaken Traditional Banking. So What?

14 Jun 2022 3 minute read 0 comments VVoytila $0.56

While the title of this post is obviously not true when it comes to things like TVL (Total Value Locked) or the rate of adoption, in some very significant ways, widely understood crypto has overtaken 'traditional' (or rather established) banking. I w...

My thought on blockchains, am I wrong? Blockchains, are they really the bastion of hope the DeFi community we think they are?

4 Jun 2022 4 minute read 8 comments Patch $0.44

As I was writing about the Solana Blockchain halt earlier it got me thinking about Blockchains. And I thought I would share my thoughts on it all here with you. And I at least hope you will find that somewhat of an interesting read. That is the goal...

The Devil's Bank Finds God

25 May 2022 15 minute read 0 comments Probs Cheatin $0.06

After the financial crisis during the Panic of 1819 began winding down, markets started to turn around and the economic outlook was appearing bright, another internal dispute was emerging in the United States. A war. However, the war was not fought w...

The Causes of the United States Panic and Bank Run of 1819

14 May 2022 14 minute read 1 comment Probs Cheatin $0.37

In earlier sections, we examined the consequences the Revolutions of 1848 had on European politics, society, and economic structures; also how the armed conflict affects our world today. We will now travel back in time during the early 1800s and acro...

The Bank and The Crypto

3 May 2022 2 minute read 0 comments Alther $0.12

Banks and Crypto are both struggling with economic issues, technology, human resources, and the future. However, there are different views on the systematics of centralization and decentralization. Which one is better? Each of them claims to be the b...

A DECENTRALIZED WEB3 BANKING SYSTEM

26 Apr 2022 4 minute read 0 comments tripplea1 $0.23

  This article should not be regarded as a financial advance, but for educational purpose for everyone who want to see beyond the hype around defi, and for builders who can leverage on the blockchain technology to provide and build a system to solve...