Central Bank

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Canadian Dollar Holds Steady- Yen & Pound Hammered!

28 Sep 2022 3 minute read 0 comments SweptOverNiagara $0.57

It was only a week ago that the Fed raised interest rates by 75 basis points and a day later when the Bank of England followed suit and also raised their rates by 50 basis points and announced quantitative tightening. Well, yesterday the Pound suffer...

Cryptocurrencies, Banks exploring digital currencies and regulations

26 Sep 2022 1 minute read 0 comments D3v3l $0.20

  Cryptocurrency is a digital currency transferred and received without any central authority or regulation. Other than conventional currency, cryptocurrency has several unique features. These include transparency, non-stop and ultra-secure transfers...

Fractional Reserve Banking - What is it??

5 Sep 2022 1 minute read 1 comment The Part Time Economist $0.98

If you're new to cryptocurrency, you may occasionally hear the term "fractional reserve banking" used negatively. Even if you don't understand what fractional reserve baking is, the ominous tone of the podcaster's voice clearly lets you know that cr...

Heads or Tails: Another Rate Hike For September?

29 Aug 2022 2 minute read 4 comments SweptOverNiagara $0.03

As the Federal Reserve Bank gets ready for its next FOMC meeting in September, most bets are in for at least a half percent increase (50 bps) but more likely, a three-quarter percent increase. There are those who are saying to brace for an unexpected...

Don't make it so hard: cryptocurrencies are a new asset class

20 Jun 2022 14 minute read 16 comments SirGerardThe1st $1.28

Image by jacqueline macou from Pixabay Imagine that you have to explain the Hadron Collider at CERN and the Higgs boson to physicists who analyze matter with the atomic theory of Democritus. Imagine that you have to explain the lighting of skyscraper...

Fuck this Shitcoin (and Statism); I'm out!

19 Feb 2022 1 minute read 11 comments Great White Snark $0.20

This morning, I received an email informing me that on the 28th of February 2022, Publish0x will officially be dropping support for tipping in shitty ERC20s (Ampleforth and Harvest Finance) in preference for ... yet another shitcoin, called Statera (...

Gold Tops $1,900

17 Feb 2022 2 minute read 3 comments SweptOverNiagara $0.03

The Russia, Russia, Russia rhetoric amplified again this morning, sending investors back into gold which topped at $1,901 just after noon today. There are reports of minor clashes between Ukrainian forces and Russian backed rebels.  U.S. Secretary of...

Coin Toss: Hyper-Inflation Or Hyper-Deflation

9 Feb 2022 2 minute read 3 comments SweptOverNiagara $0.02

Most people don't understand what hyper-inflation or deflation is. Even experts have confused themselves trying to describe it. Some believe that rising costs of food, gas, shelter, etc., is inflation and in a way it is but it has to do with currency...

Bitcoin, blockchain and crypto - I: the relevance and importance

9 Feb 2022 9 minute read 1 comment Regular Jeff $0.07

All of your friends and family have heard about it, some of them even own it, yet very few people seem to really understand how it works on a fundamental level. I’m talking about cryptocurrencies. This is my attempt at explaining the phenomenon to ou...

Conspirator at Large - Debunking the Bank of Russia

25 Jan 2022 4 minute read 8 comments hifi.bitcoin $1.92

💰Do you want a chance to win $25 in Bitcoin, paid straight into your wallet? Entry is easy so don’t miss your chance to win!💰 Full Rules Here Governments are at it again, with Russia becoming the latest country to scare markets with talk of total...