Senior Vice President of St. Louis FED David Andolfatto ...

Global Economy Forecast

Greece will default on their EU creditors because they know that they have a Russian safety net. After Russia helps Greece become a sovereign state, Russia will request that Greece votes to repeal the economic sanctions against them. Greece has every reason to default, knowing Russia has their back and Russia has every reason to have Greece's back. Win-Win for both countries. Complete loss for the EU.
The Greece debt is listed as an asset because the creditors expect to be paid back. That 323 billion euro debt must be absorbed by the creditors and now that asset becomes a liability. How will this effect the European Market?
DAX German Stocks
FTS Eurofirst 300 Index
DAX is higher than it was before the 2008 crash.
I couldn't find any sources of the FTSE Eurofist 300 Index that went back beyond 5 years. However, even within that limted timeframe, the FTSE index is in uncharted territory.
Point being : European stocks are in a bubble. When Greece defaults, that backlash will hit the European economy. The question is, where do Investors go to find a safehaven for their money during a financial crisis?
submitted by Xeagu to Bitcoin [link] [comments]

Cryptocurrencies: Bitcoin and Beyond What is Bitcoin? - Is Bitcoin a scam? - Is Bitcoin Legal? How Bitcoin Works Buying Bitcoin vs Bitcoin Trading - YouTube SIMPLE AND EASY WAY TO UNDERSTAND BITCOIN

Bitcoin and Beyond, David Andolfatto, St. Louis Fed - Video. Related Post. Bitcoin Supply on Ethereum Tops $1B - CoinDesk - CoinDesk - September 18th, 2020; Its a bull trap! 3 key metrics forecast Bitcoin price rejection at $11K - Cointelegraph - September 18th, 2020; Bitcoin sentiment at record lows Does it mean the price will go up? - Cointelegraph - September 18th, 2020; Bitcoin will ... David Andolfatto: Its genesis was a blog post I'd started, addressing arguments that gold bugs frequently put forth, that gold is superior money. Of course, Bitcoin was in the news — I read ... A couple days ago, Fed VP David Andolfatto gave a presentation on Bitcoin. It was generally hailed as "fair and balanced" by observers. Yet, we... Bitcoin is a digital asset designed to work in peer-to-peer transactions as a currency. Bitcoins have three qualities useful in a currency, according to The Economist in January 2015: they are “hard to earn, limited in supply and easy to verify.” Per some researchers, as of 2015, bitcoin functions more as a payment system than as a currency. ... Bitcoin verifies receivers but not senders, and mostly leaves encryption up to users (public-private key encryption is part of the bitcoin transport protocol, storage security is up to users). So someone can definitely hack into a computer that has a bit-coin and send the coin to themselves. What they can't do is steal your personal information and run up bitcoin debts in your name.

[index] [41658] [26972] [34263] [40682] [34724] [1117] [45718] [10101] [24032] [18823]

Cryptocurrencies: Bitcoin and Beyond

India looks into use of bitcoin in new cashless push. Category People & Blogs; ... David Andolfatto, Legal and Illegal ... Why Ray Dalio Thinks The Stock Crash Of 1937 Matters In 2019/2020 ... Simon Fraser University Economics Professor David Andolfatto discusses Bitcoin & beyond at the latest SFU Vancouver Speaker Series on July 7, 2014. Andolfatto was joined by panelists Stephen Hui ... At our recent Boeing Center Blockchain Forum, David Andolfatto, VP Research at the St. Louis Federal Reserve, explains the how blockchain technology works in the financial services industry. He ... Free Bitcoin video lessons @ What is Bitcoin? Is Bitcoin a scam? Is Bitcoin legal? In these videos, learn Bitcoin facts, tips, lessons, and the latest Bitcoin ... My opinion on buying bitcoin versus bitcoin trading Can the New ICO's be the next biggest bitcoin and will they hold value? Is it all Hype or is it Real? KPL...