After JPMorgan CEO Jamie Dimon came out swinging against Bitcoin, calling it a “fraud” for not being backed by a legal tender, several Bitcoin investors refuted him. Perhaps one of…
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Governments Will Shut Down Bitcoin and Other Cryptocurrencies, Warns Jamie Dimon
by Alex McGeeby Alex McGeeJamie Dimon, the CEO of JPMorgan, has been extremely critical of Bitcoin and other cryptocurrencies. In early September he called Bitcoin a “fraud,” and stated that JPMorgan would fire any…
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You’re looking over your credit card statement and you see hundreds of dollars of charges that don’t look familiar at all. If that’s ever happened to you, you may be…
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Most Americans are in poor financial shape. In fact, 44% of American adults say that they could not pay for an unexpected $400 expense, or would have to resort to…
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Saving money is an important thing to do. Aside from just having money set aside for a rainy day or unexpected expenses, a pattern of saving over the course of…
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The cryptocurrency market has been roiled ever since the Chinese government cracked down on cryptocurrency trading in early September, citing concern over potential investment risk. First, it banned the launching…
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Starting a side business may be a fun way to build off a hobby and make some extra money, but did you know that it could also increase your savings…
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With an unemployment rate around 4%, it seems that the current economy has enough work to keep America busy for now. But will it last? Between constantly improving robots, artificial…
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The European Central Bank may ask startup financial technology banks to hold more reserves and liquidity to address their particular risk profile. The ECB circulated proposed guidelines for such tech-centric…
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Two analysts at the Bank of International Settlements intriguingly suggested in a new white paper that central banks could find their own digital alternative to cash helpful. “New cryptocurrencies are…