Monday, March 30, 2020

Fed’s Brainard On “Digitalization Of Payments And Currency” Is VERY BAD NEWS FOR BITCOIN

from Silver Doctors:

If you’re a holder of Bitcoin, be thy forewarned. Time is of the essence after all, and in a “dead crypto walking” kind-of way…

Fed Head Lael Brainard is out today at Stanford in a speech titled “The Digitalization of Payments and Currency: Some Issues For Consideration”.

Here’s the start of her speech (via the Fed):

Peter Schiff Lost His Bitcoin, Claims Owning Crypto Was A ‘Bad Idea’

by Alex Cohen, Coin Telegraph:

On Jan. 19, famous crypto skeptic and gold bug Peter Schiff claimed on Twitter that he has lost access to his Bitcoin wallet and that his password is no longer valid.

Schiff added that his BTC is now intrinsically worthless and has no market value. He also added that:

“I knew owning Bitcoin was a bad idea, I just never realized it was this bad!”

Bitcoin ATM Firm Partners With Largest Shopping Mall Operator in US

by Adrian Zmudzinski, Coin Telegraph:

Miami-based Bitcoin (BTC) automatic teller machines (ATM) firm Bitstop has partnered with the largest shopping mall operator in the United States, Simon Malls, to install Bitcoin ATMs at several locations.

BitStop announced on Nov. 26 that the firm has already installed Bitcoin ATMs at five Simon Malls locations in California, Florida and Georgia. Bitstop co-founder and CEO Andrew Barnard said that the machines were installed ahead of the holiday season: