Bank Bailouts Begin. Bitcoin Betters Banking.

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/11ps6gs/bank_bailouts_begin_bitcoin_betters_banking/ With the collapse of Silicon Valley Bank this past week, the UK government has this evening announced planned bailouts from taxpayer funds. https://www.thetimes.co.uk/article/silicon-valley-banks-fall-is-a-threat-to-uks-tech-start-ups-sfngfjzll https://www.gov.uk/government/news/chancellor-update-on-silicon-valley-bank-uk https://www.telegraph.co.uk/business/2023/03/11/crisis-uk-start-ups-silicon-valley-bank-collapses/ We are entering a phase in the global economy, that 15 years ago, was the initial catalyst for the invention of Bitcoin. These past few days have once again […]

99.88% of money laundering transactions had been done with fiat. Yet various governments claimed that crypto is the currency for criminals.

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/11o32z1/9988_of_money_laundering_transactions_had_been/ Money laundering is nothing new in history. It is the process of converting money from illegal activities into legitimate sources. ​ Source: biv.com In a press conference at the White House, Treasury Secretary Steven Mnuchin claimed: “Cryptocurrencies such as Bitcoin have been exploited to support billions of dollars of illicit activity like cybercrime, tax […]

Long time CC lurker, now able to post after buying membership …

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/11la5rf/long_time_cc_lurker_now_able_to_post_after_buying/ For the last year, I’ve read and scrolled, read and scrolled, enjoying informative and amusing content from this sub … but never able to interact because my Reddit profile didn’t meet certain criteria. Appropriate thresholds to stop spam – fully understandable So I’ve bit the bullet and bought a membership. I enjoy writing, and […]