We all know that money printer go brrr. But how does the fiat money supply really get increased and what does this mean for our economy?
Acting Comptroller of the Currency Brian Brooks will be stepping down on Jan. 14, he confirmed Wednesday.
The crypto industry has its first federally chartered bank: Anchorage.
Brooks considers the migration of the financial system onto the internet “inevitable.”
Brooks is optimistic that regulators will find it easier to work with algorithms than with bankers.
“If PayPal and Square can do it, then community banks should be able to do it too,” said Moven founder Brett King.
Since Bitcoin’s genesis block, central banks around the world have been debasing their fiat.
The post A Decade Of Dollar-Denominated Debasement Debauchery appeared first on Bitcoin Magazine.
After a momentous 2020, this will be the year that bitcoin takes major strides toward becoming the world’s reserve currency.
The post BIP 2021: Bitcoin’s Path Toward Reserve Currency Status Is Set appeared first on Bitcoin Magazine.
More state regulators are gunning for the OCC and Brian Brooks, this time over usury laws and predatory lending.