Archive for the ‘Fintech’ Category

Innovation in currency through financial technology is a bumpy ride for Bitcoin and Ethereum enthusiasts, but what of cross-border payments and blockchain insurance?

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Ted Cruz: China Banned Bitcoin

Posted by admin on Wednesday, March 23, 2022

Ted Cruz Money Quote saying bitcoin has been banned in China because they want to control it and can’t. Ted Cruz said:
  
China recently banned bitcoin, because they can't control it, which is the exact same reason Elizabeth Warren hates bitcoin Quote
 

“China recently banned bitcoin, because they can’t control it, which is the exact same reason Elizabeth Warren hates bitcoin. The Chinese communists and Elizabeth Warren, they both want to control you” — Ted Cruz

  

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Ben Bernanke: Secure Payments

Posted by admin on Monday, January 17, 2022

Ben Bernanke Money Quote saying bitcoin may produce benefits for the financial system and purity of payments. Ben Bernanke said:
 
innovations promote a faster, more secure and more efficient payment system Quote
 

“[Cryptocurrency] may hold long-term promise, particularly if the innovations promote a faster, more secure and more efficient payment system” — Ben Bernanke

 

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Robert Kiyosaki: I Love Bitcoin

Posted by admin on Friday, January 14, 2022

@theRealKiyosaki
Robert Kiyosaki Money Quote saying lack of trust in federal government financial agencies makes Bitcoin attractive. Robert Kiyosaki said:
 
I love Bitcoin because I do not trust Fed, Treasury, or Wall Street Quote
 

“I love Bitcoin because I do not trust Fed, Treasury, or Wall Street” — Robert Kiyosaki

 

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Andrew Yang: Transform Economics

Posted by admin on Friday, November 19, 2021

Andrew Yang Money Quote saying UBI would create a transformation in our economy for millions of people. Andrew Yang said:
 
A universal basic income would enable millions of Americans to meaningfully transition in the time of economic transformation Quote
 

“A universal basic income would enable millions of Americans to meaningfully transition in the time of economic transformation, including that brought by AI, and it would improve our strength, health, and mental health; kids’ ability to learn; our civic engagement; and our public trust, confidence, and optimism” — Andrew Yang

 

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Ted Cruz: Senators What Bitcoin Is

Posted by admin on Thursday, November 18, 2021

Ted Cruz Money Quote saying Congress members don’t understand Bitcoin enough to regulate it – but are trying anyway. Ted Cruz said:
 
I doubt there are 5 members of the United States Senate who know what the hell bitcoin is. This is the truth about crypto, Bitcoin, and Congress Quote
 

“I doubt there are 5 members of the United States Senate who know what the hell bitcoin is. This is the truth about crypto, Bitcoin, and Congress. But Congress is trying to regulate it anyway” — Ted Cruz

 

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Basil Seggos: Cryptocurrency Gas

Posted by admin on Wednesday, November 10, 2021

Basil Seggos Money Quote saying as New York State Environmental Commissioner that decommissioned power plants converting to power crypto-mining operations is fueling greenhouse gas emissions. Basil Seggos said:
 
role cryptocurrency mining may play in generating additional greenhouse gas emissions Quote
 

“New York state is leading on climate change, and we have some major concerns about the role cryptocurrency mining may play in generating additional greenhouse gas emissions” — Basil Seggos

 

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Eric Adams: Paychecks in Bitcoin

Posted by admin on Friday, November 5, 2021

Eric Adams Money Quote saying as Mayor elect of NYC that he’d make Fintech and Bitcoin important parts of financial markets in New York. Eric Adams said:
 
I’m going to take my first THREE paychecks in Bitcoin when I become mayor. NYC is going to be the center of the cryptocurrency industry Quote
 

“In New York we always go big, so I’m going to take my first THREE paychecks in Bitcoin when I become mayor. NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!” — Eric Adams

 

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Gary Gensler: Private Forms Money

Posted by admin on Friday, October 22, 2021

Securities and Exchange Commission Chairman Gary Gensler Money Quote saying that stablecoins and cryptocurrency are private forms of money and may lack long-term viability. Gary Gensler said:
 
I don’t think there’s a long-term viability for 5 or 6,000 private forms of money. History tells us otherwise Quote
 

“Public money has a certain place around the globe, Private monies usually don’t last long, so I don’t think there’s a long-term viability for 5 or 6,000 private forms of money. History tells us otherwise” — Gary Gensler

 

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