Bitcoin Politics Gilet Jaunes Jimmy Song World Politics yellow vests 

Bitcoin is a Tool for ‘Peaceful Revolution’: Crypto Developer Jimmy Song

Jimmy Song (second from the right) believes bitcoin can be used to promote peaceful revolutions. | Source: Wikimedia Commons Bitcoin developer Jimmy Song says the original cryptocurrency can be a powerful tool to usher in a “peaceful revolution.” Song made the remarks during an interview with RT’s business host Max Keiser. “The biggest thing bitcoin brings is the decentralization of monetary power,” Song says (see video starting at 13:40). “If you have government and big business get together, they usually get what they want.” ‘Currency of Resistance’ Song says crypto can…

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Jerome Powell raphael bostic Stock News U.S Federal Reserve World Economics World Politics 

Uncertainty Real, Federal Reserve Should be Patient: Atlanta Fed President

The Atlanta Federal Reserve bank president says there is uncertainty despite strong economic data, causing a dilemma for the U.S Federal Reserve. It should be “patient,” says Raphael Bostic. Bostic is not on the Federal Reserve’s panel for interest rate setting this year but is speaking out to confirm that investors and businesses are taking a close look at their strategies. He’s been talking with executives who are: “Starting to examine their own business strategies and initiatives in anticipation of slowing economic conditions either through deleveraging or holding off on…

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federal reserve Jerome H. Powell President Trump Steve Mnuchin World Politics 

Fed Chairman Has No Plans to Meet Donald Trump

Jerome Powell, Chairman of the Federal Reserve, has said that he would not resign even if President Donald Trump asked. In the past few months, president Trump has repeatedly criticized Powell and the Federal Reserve for continuing with their tightened monetary policy. He went as far as saying in a Fox Business interview that the Fed is the “biggest threat” to the economy. The President has also asked his advisers if he can have Powell fired. Trump hired Powell to succeed Janet Yellen in 2017. The move strayed from the…

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Art Cashin Donald Trump Phil Blancato stock markets Stock News Trade World Economics World Politics 

Stock Market Downturn Just a ‘Glitch’

Despite experts naming numerous reasons for the stock market downturn, U.S president Donald Trump has decided it is simply a “glitch.” Trump also predicts that equity markets will recover as the U.S negotiates trade deals, including with China. Yet trade woes and reciprocal tariffs with China show no real sign of dissipating. This is despite the 90-day tariff truce which began between the U.S and China on December 1, 2018. Reuters Whitehouse correspondent Jeff Mason tweeted: .⁦@realDonaldTrump⁩ says there was a “glitch” in stock markets last month, but they will…

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bitcoin Bitcoin Analysis Bitcoin Opinion Caitlin Long DTCC Editor's Picks ICE Rehypothecation sec World Finance World Politics 

Inside the Wall Street Practice that Could Ruin Bitcoin

Note: This is part 3 in a multi-part article series exploring rehypothecation and commingling in bitcoin and other cryptocurrency markets. Part 1 and part 2 are interviews with Caitlin Long and parts 3 and 4 ask the question, “How did we get to a place that where laws look like this?” In order to understand why Wall Street veteran and cryptocurrency advocate Caitlin Long thinks that “rehypothecation” and “commingling” are going to be much-discussed topics in the cryptocurrency industry, we must understand Long’s background. The best way to do this…

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Bitcoin Venezuela Interview locha Nicolas Maduro petro randy brito venezuela World Economics World Politics 

Bitcoin Venezuela on Why the Petro Isn’t Even ‘Backed by Trust’

Randy Brito is the head of Bitcoin Venezuela, a non-profit organization dedicated to educate and promote Bitcoin in Venezuela. He is also spearheading the Locha project, which he describes as “an effort to push the needed developments and research for achieving the hyperbitcoinization in Venezuela.”  Brito also sees a use case for bitcoin in countries like Turkey and Iran,which have suffered hyperinflation and sanctions aimed at damaging the economy. Brito’s family left Venezuela and moved to Spain in 2004 to escape what he describes as the persecution of the middle…

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2016 U.S. Presidential Election Bitcoin Crime Cozy Bear Democratic National Committee Fancy Bear Robert Mueller russia World Politics 

Russian Agents Who Hacked DNC Emails Thought Bitcoin Was Anonymous

Twelve officers of the Russian military received a charge of money laundering for attempting to use bitcoin to hide their role in influencing the 2016 U.S. presidential election. It all goes back to July 2016 when the Democratic National Committee (DNC) announced it had been hacked by two Russian hacking groups, going by the names “Fancy Bear” and “Cozy Bear”. The two groups managed to infiltrate the DNC system and sharing thousands of emails with “Gucifer 2.0“, a Romanian hacker. A few days later, the emails were published on WikiLeaks….

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