Tag: Federal Reserve

Central Bank Digital Bank Currencies

Central Bank Digital Currencies (CBDCs): Complete Beginner’s Guide

My grandfather knew the manager of his local bank branch – and most of the other staff there – by name. On his twice-weekly visit, they would chat and exchange pleasantries as he withdrew cash, paid in cheques and generally...

/ September 18, 2020
Fractional Reserve Banking

Study: Most Americans Don’t Understand How Fractional Banking Works

Let’s present a scenario that is familiar to just about every adult. You go to the bank, deposit a physical check or stack of cash into the ATM or a cashier’s waiting hands. And…that’s likely the furthest you think about...

/ November 1, 2019
Warning From Federal Reserve on Bitcoin

Warning From Federal Reserve on Possible Measures

The United States Federal reserve seems to think that Bitcoin could pose a risk to financial stability as more people attempt to invest in it. They have stated that they may get involved in crafting some measured to “protect investors”....

/ December 3, 2017
Bernanke Praises Blockchain

Bernanke Praises Blockchain, Discredits Bitcoin

It was indeed an interesting talk by the former head of the Federal reserve. Speaking at the Ripple swell conference being held in Toronto, Ben Bernanke appears to have taken quite a bullish tone towards blockchain. He also made it...

/ October 17, 2017