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GERMAN STATE-OWNED BANK CALLS BITCOIN ‘ULTRA HARD TYPE OF MONEY’
German State-Owned Bank Calls Bitcoin ‘Ultra Hard Type of Money’
Is Bitcoin outshining gold?@saifedean introduced the stock-to-flow approach to Bitcoin. It serves to quantify the “hardness” of an asset. We took the quantitative model of @100trillionUSD (using Bitcoin’s stock-to-flow ratios to explain its market value) for a spin ours elves.?
— BayernLB (@BayernLB) October 1, 2019
VISA AND MASTERCARD START TO GET COLD FEET OVER FACEBOOK’S LIBRA
Visa And Mastercard Start To Get Cold Feet Over Facebook’s Libra
BINANCE US LIQUIDITY SURPASSES GEMINI EXCHANGE AFTER JUST 9 DAYS
Binance US Liquidity Surpasses Gemini Exchange After Just 9 Days
https://cryptowat.ch/exchanges
Coinbase to Pay US Users Interest for Holding USDC Stablecoin
https://cointelegraph.com/news/coinbase-to-pay-us-users-interest-for-holding-usdc-stablecoin
US Congressmen Ask Fed to Consider Developing ‘National Digital Currency’
https://www.coindesk.com/us-congressmen-ask-fed-to-consider-developing-national-digital-currency
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I like this
Imagine thinking that people are going to opt in for a centralized option when a decentralized one with a fixed supply already exists. Omegaretards.
There is some distortion on your sound. Check sample rate on your sound card. Because i hear choping or soemthing like this.
Yes, but the market is acting like it's already captured.
Good news has no effect – and big dumps happen for no apparent reason…
Of course my main thesis that the market is just extremely stupid may be true too. ?
Why hold USDC when it’s return rate doesn’t keep up with annual inflation? Still losing money that way… NO to FED Coin!!!
Good video — thanks!
Take the stress and anxiety out of Bitcoin…Go Long term and make $1m from ONE BTC….MUST WATCH!!
https://www.youtube.com/watch?v=xPFUnvJR_nM
poke poke Bitcoin, do something …
I'm from Germany. Bayern means Bavaria an LB stands for "Landesbank" which means Countrybank. It's like the centralbank of California.
Let's here it for the Germans. UBER ALLES!. great video guys
Great content as always, can you please review quantum computing and how that could potentially resolve the cryptography equations and mathematical puzzles bitcoin was built upon as that could severely ruin bitcoin. Google is known to have been working in this space
?? thought banks/gouvernments want metadata like cardano will implement.
Well, that's pretty f**** juicy, ain't it.
You getting 9.25% in celsius network with 2 cliks
Don't forget that the main reason all these countries are going for cryptocurrencies it's because they want to get rid of the US dollar policy and its extra territory dictatorship. So there is not point for the US trying to compete as that's precisely what they're running away from. A currency the US is not leading. A US based crypto will be widely not adopted. And the US coming in that market is just giving it a boost.
Oligarchs jumping off the sinking Libra ship?! Hope they can swim!
Good info Austin.
Bayern http://www.bayernlb.com/internet/media/ir/downloads_1/bayernlb_research/megatrend_publikationen/megatrend_bitcoins2f_20190930_EN.pdf
The fed is definitely looking into this amd have been for several years.
https://www.bostonfed.org/news-and-events/news/2019/09/boston-fed-pushes-financial-inclusion-during-fintech-week.aspx
https://www.bostonfed.org/publications/current-policy-perspectives/2014/bitcoin-as-money.aspx
“Federal Reserve announces plan to develop a new round-the-clock real-time payment and settlement service to support faster payments” https://www.federalreserve.gov/newsevents/pressreleases/other20190805a.htm
You call that a milestone?
Just more fake news with no actual development of anything?
You are missing the actual development happening on BSV, no hype and fake news like you have in BTC and other shitcoins, just actual development and building.
If you haven't listened to CoinGeek's Korea's conference that happened just 1-2 days ago, you are missing out. Blockchains that don't scale, have no future… hype lasts only for a while.
PS: the bankers are trolling you 😉
Crap, that means they have LOADS of Bitcoin. I think the whales will keep the price down.
Media – rave about Bitcoin
public – buy Bitcoin watch it go down/sideways then sell
Banks – buy low, Bitcoin goes to the moon.
Thank you for All your Hard work!!!
We are so greatful you guys are keeping us informed! ??????
The links are all wrong you may want to take the spaces out so it links correctly
great news 1.25% yearly income on stablecoin?
good. Let FB die out.
BayernLB hosted the Value Of Bitcoin Conference a few weeks ago: https://vob-conference.com
They had Safedean Ammous, Trace Mayer and representatives from the FED as well from the German Bundesbank.
I attended the conference, it was great ?
WOW 1.25%…where do I sign up?
Intergration of usdc into DeFi ecosystem of Fusion offers 20% annualy rewards. Just sayin ?
C'mon man turn u'r brain ON and think a little bit. USD have inflation rate of 1.5 – 2% per year. Investing in USDC u r not getting thous 1.25%… First you have to take off thous "pink glasses" and take a look at the real world before posting a video so u can give the correct information to SUBS!
Some days ago I invested my monetary funds in ICO Telegram telegramnews .info I anchor my hopes concerning GRAM token! I am sure that in 2019 there will be Ethereum, Bitcoin and Gram)
By the way visa and MasterCard 100% owned by the same Banks.
Bayern, pronounce it like: "buy – earn" Great video, cheers 🙂
if you put your USDC coins to celsius, you get 8.2 % 🙂 not only 1.25
One of this days the price of Bitcoin will explode up!
With all this fundamentals make bitcoin a ticking bomb!
A 40% crash and a current bear market. People are still enthusiastic…hmmm
I hope that with all those Wallstreet like companies there will be not too much manipulation like gold/silver. They have such a lot of $'. Can do everything like orchestraded shorting while they are long . What only counts with these peopel is money!!
im bullish but i still expect lots of false break outs and dips… the important thing to remember is that the dips they can achieve by manipulation rises by the day. For example 3k was possible 5 months ago but i dont think its possible right now given the population growth curve which is a mathematical certainty. and im mathematician. i dont care about ath i care about math
Old news man. I read this 2 days ago. So much for breaking. LOL You still my favourite though, Austin 😉
Buy cheap while you can
??
I think you were right on your earlier prediction of Bitcoin going to 7000. I am out of BTC and all crypto until then. BTC has been trading under the 200 day moving average for 5 days and that's unprecedented in history for BTC to do that during a bull market. Look for the death cross on the horizon.
Is it breaking news? I heard this yesterday
Thank you, All interesting Austin, Getting There Another step?, Catch you on the Next one ?
67 likes – 0 dislikes ???
meanwhile we are being owned by the whales and institutions. We are not people's currency anymore,
Won't be the last bank finally admitting they see value in bitcoin/crypto but they got to finish accumulating first 😉
Incredible bitcoin is slow as f..K and will never be used unless used on ILP