On today's episode of The Cryptoverse:
We’ll check in on the progress towards Segwit lock in, and if you are still sat on the sidelines when it comes to cryptocurrency, the European Union explores a plan to freeze customers accounts at failing banks.
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Sources:
https://coin.dance/blocks
http://bitcoinist.com/eu-proposes-account-freezes-to-prevent-bank-runs-bitcoin-to-the-rescue/
https://www.reuters.com/article/us-eu-banks-deposits-idUSKBN1AD1RS
https://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_legislation
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So glad to see you mention Glass Steagall. This is a huge concern. I probably would not believe that crypto was a good idea if the politicians were actually doing the right thing. We also need to bring back the fairness doctrine and get the profit motive out of news departments. Just my 2 cents.
#payitforward
You make good points :)
Repeal of Glass Steagall in one catchphrase:
Privatize the profits, Socialize the losses.
Great to see you here, Chris! I consider you a mentor.
Could not have put it better myself. I should have used that line in the show! :)
Great show as always. Does anyone else find it funny that the banks take massive fees on all their services, pay their higher ups massive bonuses, own all the largest building in almost every major city, yet they always seem to have money issues. Go fucking figure right...
hah! now when you put it like that ... :)
PS sorry for the foul language, I just find it extra hard not to swear when talking about banks...
Thank goodness Britain is leaving the EU!
Lots of people are still working to block it from happening, which is ridiculous.
The FDIC's Deposit Insurance Fund Available Assets Cover LESS THAN 0.5% Of US Bank Deposits... see, the global banking system has absolutely nothing to worry about... ya right!
Ontop of that in the US they passed a bill years ago which makes doing another bailout impossible as the derivative losses get priority of bailout funds... meaning not a single penny will be bailed out, which is why the globally coordinated scam called "bail-ins" will instead be rolled out worldwide (bail-in protocols wrote into law almost globally in the past few years, as per the recommended guidance of the IMF and Bank of England). Fun times ahead...
Nice post!!!!
It's never too late to buy bitcoin
Interesting to see you are on Minds. I have played with it, but pretty much given up on it as I never got much interaction as I wasn't going to earn from it. Steemit has overtaken them for web activity recently.
I'm not surprised. I actually much prefer Steem to Minds :)
@marketinmonk Did you try roboform? Can you make an article for it?
INTERESTING STUFF!! Thanks for sharing!