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The Federal Reserves Only 2 Choices | Bad and Worse
The Federal Reserve has only two choices left, and none of them are good! While the markets are hitting new all-time highs, the economy seemly seems to be getting back on track. People are feeling bullish, like never before. Underneath all of this, there is trouble...
FinCEN Wants Americans To Report Digital Assets Over 10k+
The Financial Crimes Enforcement Network also know as FinCen, the U.S. Treasury Department wing tasked with monitoring potential legal violations of domestic financial laws, wants Americans to report if they have more than $10,000 in cryptocurrencies with foreign...
A Digital Dollar Is No Match for Bitcoin
“The U.S. needs a digital dollar… The U.S. dollar has to keep earning that place in the global payments system. It has to be better than Bitcoin… it has to be better than a digital yuan.” These are the words of Senator Tom Cotton during a recent Senate Banking...
Central Bank Digital Currency: A Primer
There has been a lot of talk about central bank digital currency (CBDC) recently, as central bankers around the world are discussing the possibility of launching their own CBDCs. Some of the problems of CBDCs have been pointed out already (see, e.g., here and here),...Start Your Dollarcation With RTD University
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