
Bank of America Is Fucked
Stablecoins are a threat to world’s payment networks like Visa, Mastercard, and PayPal, but they are a far bigger threat to banks. If you can use and hold stablecoins safely, you simply won’t need a bank anymore.
Stablecoins are a threat to world’s payment networks like Visa, Mastercard, and PayPal, but they are a far bigger threat to banks. If you can use and hold stablecoins safely, you simply won’t need a bank anymore.
What the arrest of my friend, an extravagant, big-spending real estate broker, has to do with the next big financial crisis.
The finance-industrial complex is not happy about memecoins. Or more to the point, that 18 year-old kids are minting small, and not-so-small, fortunes by speculating on worthless assets. In today’s Daily Journal, we discuss what this means under a Trump administration.