1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
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Koichos
All Star
I’m short 31 BTCyour longs are not safe
you‘s a bad manI’m short 31 BTC
Koichos
All Star
I forgot we had some crypto news with the federal reserve this morning. I take that emoji backI’m short 31 BTC
In The Zone '98
Superstar
Waller described the idea as a “skinny master account,” designed to give legally eligible institutions — particularly fintechs and payment firms focused on digital assets — limited but direct access to the Federal Reserve’s payment rails.
These accounts would not pay interest, would have balance caps, and would exclude overdraft privileges or discount window access, but they would allow payment-focused entities to settle transactions directly with the Fed rather than through partner banks.
“This payment account concept would be targeted to provide basic Federal Reserve payment services to legally eligible institutions that right now conduct payment services primarily through a third-party bank,” Waller explained. “Payments innovation moves fast, and the Federal Reserve needs to keep up.”
www.theblock.co
These accounts would not pay interest, would have balance caps, and would exclude overdraft privileges or discount window access, but they would allow payment-focused entities to settle transactions directly with the Fed rather than through partner banks.
“This payment account concept would be targeted to provide basic Federal Reserve payment services to legally eligible institutions that right now conduct payment services primarily through a third-party bank,” Waller explained. “Payments innovation moves fast, and the Federal Reserve needs to keep up.”
Waller signals Fed’s shift toward embracing crypto, proposes ‘skinny master account’ for payment innovators
Federal Reserve Governor Waller says the central bank plan is entering a new era and says crypto will "no longer be on the fringes."
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Tres Leches
Empire Business
your longs are not safe
Not being a jerk but this is a wall of white textWaller signals Fed’s shift toward embracing crypto, proposes ‘skinny master account’ for payment innovators
Federal Reserve Governor Waller says the central bank plan is entering a new era and says crypto will "no longer be on the fringes."
But yea; seems like utilities need to be the focus.
As Yall have stated before lol
In The Zone '98
Superstar
Say word. Lemme redo the copy/paste
Bushmaster69
Superstar
14:27
In The Zone '98
Superstar
The new Fed Chair probably takes it to 0.
I don't see Jerome doing that
But we're cutting thru January, imo
Bushmaster69
Superstar
It doesn't seem likely Powell would ever. We'll see come December.