MacroMania: Why the Blockchain should be familiar to you

Global Economy Forecast

Greece will default on their EU creditors because they know that they have a Russian safety net. After Russia helps Greece become a sovereign state, Russia will request that Greece votes to repeal the economic sanctions against them. Greece has every reason to default, knowing Russia has their back and Russia has every reason to have Greece's back. Win-Win for both countries. Complete loss for the EU.
The Greece debt is listed as an asset because the creditors expect to be paid back. That 323 billion euro debt must be absorbed by the creditors and now that asset becomes a liability. How will this effect the European Market?
DAX German Stocks
FTS Eurofirst 300 Index
DAX is higher than it was before the 2008 crash.
I couldn't find any sources of the FTSE Eurofist 300 Index that went back beyond 5 years. However, even within that limted timeframe, the FTSE index is in uncharted territory.
Point being : European stocks are in a bubble. When Greece defaults, that backlash will hit the European economy. The question is, where do Investors go to find a safehaven for their money during a financial crisis?
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SIMPLE AND EASY WAY TO UNDERSTAND BITCOIN Bitcoin and Beyond, David Andolfatto, St. Louis Fed David Andolfatto, Legal and Illegal Trading of Bitcoin David Andolfatto, How Does Bitcoin Work? BITCOIN WILL PUMP HERE!! Best Altcoin to buy RIGHT NOW! Stock Market & Crypto, News & Analysis

Federal Reserve Bank of St. Louis St. Louis Fed Vice President David Andolfatto has outed himself as the central bank official m ost bullish on Bitcoin. In a new presentation, Andolfatto calls This hypothetical technology—a ­central-bank-issued digital currency built with a tweaked version of the Bitcoin blockchain—was described by David Andolfatto, a researcher at the Federal I do agree with your premise that Gold (& Bitcoin) are a poor medium of exchange in the current environment, but disagree with your use of the term 'money' to describe fiat currency. Gold's performance as a store of value definitely depends on the timeframe, but I don't think comparing it to a stock index is the right way to go about measuring. David Andolfatto: Its genesis was a blog post I'd started, addressing arguments that gold bugs frequently put forth, that gold is superior money. Of course, Bitcoin was in the news — I read Now suppose you utter something outrageous, e.g., "I think the Fed should buy the existing stock of bitcoin and store it as a foreign currency reserve!" The audience will stare at you, mouths agape (especially if you're a central banker, or a renowned Bitcoin enthusiast). You wake up the next day and regret your rash public remark.

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SIMPLE AND EASY WAY TO UNDERSTAND BITCOIN

St. Louis Fed Economist David Andolfatto provides a look at the evolution of money and the long tradition of new currencies competing with old ones. Here, he also discusses the bitcoin competitors ... Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buy at https://swanbitcoin.com Loading... Autoplay When autoplay is enabled, a suggested video will automatically play next. The blockchain, Andolfatto explains, is a transaction log for every bitcoin purchase since bitcoin was established in 2009. It is a public, shared record of which virtual wallets own which bitcoins. In this video, St. Louis Fed Vice President and Economist David Andolfatto discusses whether bitcoin has the characteristics of a "good money," or a money that maintains stable purchasing power ... Does bitcoin facilitate illegal trading? Sure, St. Louis Fed Economist David Andolfatto says, but so does the U.S. dollar, gold, etc. Bitcoin transactions travel wallet to wallet, where the wallet ...

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