"If all goes according to plan, not only will TokenPay and the Litecoin Foundation have a reliable banking partner, they would also transform WEG into an on-ramp for consumers worldwide who want to trade fiat for cryptocurrency or pay for goods and services with crypto."
"'Unlike their 18th and 19th century paper [private money] predecessors, VCs are used globally, disregarding national borders,' the report reads."
"The head of the Bank of International Settlements has predicted a bad ending for cryptocurrencies, calling for an end to their production in a recent interview."
"Over time, attaining financial wealth became an absolute prerequisite for wielding geopolitical power and influence. The old military variety appears almost feeble standing next to the contemporary Financial Arms Race."
"In China the fingerpointing over who is responsible for China's economic mess has begun."
"The currency war has arrived. So say some of the best and brightest in the $5.1 trillion-per-day foreign-exchange market."
"'We should prohibit U.S. persons from buying or mining cryptocurrencies,' the California Democrat - whose largest donor is credit card processor Allied Wallet - declared."
"The White House budget office now estimates that the deficit will rise to nearly $1.1 trillion in the fiscal year that begins this October, or 5.1% of gross domestic product, up from $984 billion projected in February’s budget proposal. The U.S. ran a deficit of $666 billion for the fiscal year that ended Sept. 30, 2017, or 3.4% of GDP."
"Beijing once again changed the game with their aggressive deleveraging campaign, which sent shadow credit creation crashing to record lows just last month."
"The most telling thing about the entrapment prosecution is the sentencing memo, which blatantly lays out the feds' fear and contempt for any attempt to keep a financial transaction private, whether or not anything inherently illegal is happening."