Not exact matches
For starters,
here's an overly simplified explanation of Bitcoin: It's a digital
currency (there are more
than 800 now) that isn't controlled by a central authority such as a government or bank.
First,
currency movements have been following some unusual patterns — for example, rising after central bank rate cuts (Japan, Australia; typically, we expect
currency values to fall after rate cuts) and jumping around
here in the US with more volatility
than usual, highly sensitive to winks and nods from our Fed about their next rate move.
But
here again they encountered opposition from progressives, including Bryan, who was no less opposed to reforms that smacked of European - style (or, for that matter, Bank of the United States - style) central banking
than he had been to asset
currency itself.
Global equity markets have more
than doubled from 2008 - 2009 financial crisis lows, but with concerns about China, credit, central bank policies,
currencies and commodities all piling up, where do we go from
here?
Global equity markets have more
than doubled from 2008 - 2009 financial crisis lows, but with concerns about China, credit, central bank policies,
currencies and commodities all piling up, where do we go from
here?
One conclusion:
Here in the U.S., we have it far easier
than foreign investors — and a big reason is
currency exposure.
If you deposit more
than $ 10,000 in cash or other negotiable instruments, you'll be asked to complete a form called a
Currency Transaction Report (
here's the US Government's guidance for consumers about this form).
But just using a credit card that doesn't charge foreign transaction fees is often not enough to make sure you're not paying more
than you should be when making purchases abroad — I'm referring specifically to the practice of «dynamic
currency conversion» so if you already know all about this feel free to move on to another post (there's a pretty good rant about BA
here if that's more to your liking).
There's pieces of LEGO
currency to collect
here as well, but unless you know what side of the screen they'll appear on next (since you can't see what's coming), you're bound to miss out on more of the goods
than you'd like.
You should praise LG, in US & UK the price of V30 is almost more
than 60k (in their
currencies),
here they have launched just for 45k
As I sit
here with a fiat
currency worth less
than 1 / 100th of the value of a USD (and is constantly depreciating in value), some people are saying that Bitcoin (BTC) is too volatile.
As I sit
here with a fiat
currency worth less
than 1 / 100th of the value of a USD (and is constantly depreciating in value), some people...
But
here's the thing, having studied many of these exchanges and seeing how government policies are changing the rules of the game, I would rather be with an exchange that follows or is guided by the NewYork BitLicense
than by a
currency that is under the Chinese Government's purview.