China’s Long Minsky Moment
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„The biggest ripples are being felt in the bonds of junk-rated energy companies, which in the U.S. are now trading at levels considered distressed in credit markets, the Bank of America Merrill Lynch index data show. Spreads on that debt have ballooned to 10.2 percentage points, the most since April 2009, when markets were just…
„There is currently no way, using national money, to move a billion dollars from one person to another instantly.“ „The only way to do what they did would be the use of a technology invented in 2009 but is still in extremely limited use, for now: cryptocurrency like Bitcoin operating on a distributed ledger.“…
„As the industry continues to innovate, it’s important that regulators strike the right balance between encouraging responsible innovation and managing risk. Virtual currency, like bitcoin provides a good example.“ Zum Artikel
Focus Online über den Bitcoin-Boom in Griechenland Zum Artikel