Why The Fed's 0% Interest Rate Policy Hurts The Economy & Savers
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What Is The Best Bitcoin Wallet or Exchange Service?
Where is the Best Places to Buy & Trade Bit Coins?
What Wallets and Exchanges Are Certified?
How Are Merchant and Bitcoin Owners Vetted?
Bitcoin is the World's first decentralized digital monetary system and "bitcoins" are the currency units used. A decentralized system is essentially a P2P or pier to pier system versus a centrally managed system like PayPal. The system has existed since January 3rd, 2009 and is used in every Country in the World. Bitcoins are created and controlled by advanced mathematics and cryptography, instead of by governments or banks (no government, bank, or corporation owns or controls Bitcoin). Bitcoins as a currency unit are created over time at a diminishing rate, and there will never be more than 21 million of them in existence (though they are highly divisible).
Bitcoin is different from any other payment system because:
- It is decentralized (no group has monopoly control over it)
- It is not tied to US dollars or other government fiat currencies
- It is impossible to suffer chargebacks or frozen accounts
- It is (relatively) anonymous
- Fees are optional (you may pay to make your transactions process slightly faster)
- Merchants can accept payments easily with hardly any fees.
US Governments officials and regulators will obviously be interested in stopping / regulating this for the following reasons:
- Cutting Off Terrorism Funding
- Leakage of Tax Revenue
- Money Laundering
- Tax Evasion
- Exchange of Illegal Goods and Services
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Federal Reserve Whistleblower Says "Insiders Know Quantitative Easing Doesn't Work"
Andrew Huszar: WSJ Oped: Confessions of a Quantitative Easer We went on a bond-buying spree that was supposed to help Main Street. Instead, it was a feast for Wall Street. Posted at the WSJ. Mr. Huszar, a senior fellow at Rutgers Business School, is a former Morgan Stanley managing director. In 2009-10, he managed the Federal Reserve's $1.25 trillion agency mortgage-backed security purchase program.
Google Domains & Google Apps for Business Billing is Confusing
Google Domains & Google Apps for Business Billing is Confusing
I have been using Google domains for over 2 years and gladly pay $10 per year for this domain registration service. However, now I mysteriously got a bill from Google Apps for Business charging me $10 for a service I don't use.
I never opted into this service and had to sign up for it when I registered the domain. Their subscription billing is completely confusing and does not tell me I am required to subscribe to Google Apps for Business to use their domain services.
Hopefully, someone from Google will find this blog post and clear up the issues I cannot find in any of their forums or technical support.