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Governments need inflation and their reasons are evil

Two months ago, the president of the Federal Reserve of the United States, Jerome Powell, announced a rethinking of monetary policies in order to create jobs. In other words, the 2% (yearly) target will be softened to allow for lower levels. Which really means that interest rates will stay low…

US Banks Can Now Hold Bitcoin And Other Crypto

A few hours ago, the Office of the Comptroller of the Currency (OCC) of the United States announced that national banks have the authority to provide fiduciary bank accounts and cryptocurrency custody services to cryptocurrency companies and/or natural persons who opt for these. In a practical sense, this announcement means…

Central banks inject trillions of dollars to create zombie companies

At the beginning of 2020, if someone told you that oil would be trading at negative prices in the first four months of the year, you would not believe it, if you said that Gold's Gym would declare bankruptcy despite its history of solvency, you would laugh. But of course…

Bitcoin’s intrinsic value is misunderstood, but it doesn’t matter.

Bitcoin does not exist, it is a mirage, a dream. They are just numbers in the matrix, an illusion. Bitcoin is not backed by anything, no government would back it up and is scorned by the association of the world’s central banks. Only cyberpunks, libertarians or anarcho-capitalists and people who…

Bitcoin strengthens as a reserve value despite its volatility

I will show two short examples to argue about the great properties of Gold (2.0), the young Bitcoin, to protect you from the government tools it uses to rob you, since it not only has inflation as a way to screw you up and destroy your savings. …

By Ceegix on The Capital

Keynesian or John Maynard Keynes economics taught in colleges, schools, and universities, is officially dead theory, but it is still incredibly applied and taught. In the following paragraphs, I will tell you why I consider it dead theory and the Bitcoin factor behind my position.

The state seeks to apply…


Christian Galíndez Beltrán — Economy, Blockchain and investment twitter.com/ceegix

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