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can backed the coffee giant acquired its shares in a mutually beneficial agreement although the details are not known the share was described as disproportionately high because they did not invest cash dot Starbucks will install backs payment software in its stores which customers can use to pay for using crypto thereafter a conversion to Fiat immediately succeeds in keeping cryptocurrencies out of Starbucks books scooped at Starbucks received significant equity an ad backed in return for commitment to allow Bitcoin payments in store in 2019 Genesis via at I would furred HTTP colon slash slash Tyco /o b z8 1v o z he open twitter.com lucas blue mike dudas admin Dunas March 4th 2019 launch of fact is imminent backed plans to introduce a range of cryptographic services in 2019 the company is currently working on the introduction of physical security Bitcoin futures subject to approval by the US Commodity Futures Trading Commission originally the launch of the BTC futures was scheduled for January 24th 2019 however due to the recent shutdown of the US government and hence the closing authority the CFTC Commodity Futures Trading Commission there has been a continued delay in its launch the second phase of the operation which includes the partnership with Starbucks and Microsoft is expected to begin light or this year the second phase is focused on leveraging Microsoft’s cloud solutions to enable people to buy sell store and spend cryptocurrencies on a global network which supports the above plan providing Starbucks customers an opportunity to buy coffee with Bitcoin thanks for watching the Ohio Bitcoin calm Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin dot-com nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon bitcoin is creating a better banking system for a better world the core banking system sucks it sucks for everyone but it sucks more if you are poor or live under a dictatorship technology allows us to build a better core banking model by core banking I mean deposits and loans in the real economy not just transferring value between users or creating synthetic financial products here is the formula for a better banking model matched funding deposits loans plus insurance plus locked Shane technology this will help reduce inequality combat authoritarianism and diminish excess variance in the business cycle in this coming struggle you are either with the spirit of our better human values epitomized by Satoshi Nakamoto or you are with the big banks if the idea of a better banking model speaks to you and you are willing to get your hands dirty join us the problem billions of people live in a darkness that a better banking model can lighten according to the World Bank approximately 3.5 billion people live in poverty and don’t have a savings account at Bank dot 1 this means that a couple in Mozambique has no savings mechanism that could help them in they hope to educate their daughters like many their only choice is to operate in cash even though the father has a job the human rights foundation estimates that 4 billion people live under authoritarian governments dot 2 this means that a young man studying in Vietnam keeps quiet about the malignancies he sees in the system he does this because he dreams of getting married and to get the girl he needs a house and the house he needs a mortgage from the State Bank consider this reality closer to home Bank of America will charge low-income customers twelve dollars per month their checking accounts unless they have a $1,500 account balance at Laura underscore Nelson Twitter 2018 finally a bank with some fresh ideas on how to make poor people poorer at the kushan Akali twitter 2018 let’s see what binds these people together a secure savings account is foundational to a full life a life where the individual can express the truth as they see it and also participate in the natural uplift of the real economy it is the solid ground that allows us to formulate our own thoughts without outside influence and provide a better future for our families although we tend to overlook such Basics in the West the virtues arising from secure savings accounts are indispensable to higher order democratic structures this can be seen graphically as a kind of Maslow hierarchy of needs hierarchy of needs for a healthy society if you want to reduce poverty you need to start at the bottom of this hierarchy and let the benefits flow upwards similarly if you want to promote democratic societies you need to get the bottom right in the first place there is typically a positive statistical correlation between poverty and an authoritarian form of government and between wealth and liberal democracy this flows not from elections at the top but from secure savings accounts at the bottom plugged into the real economy where people have the independence to come up with their own opinions without coercion and are able to share in the productivity of the economy societies flourish so what binds those living in authoritarian countries the unbanked in Africa and the financially excluded in America together they are all missing the secure productive savings account foundation needed as a defense against the related evils of authoritarianism and inequality what would core banking look like if it were truly to serve society a core banking system built to serve society would have the values out below independent meaning that it should be censorship resistant and self-controlled so governments cannot seize a person’s account people need to have security over the money without fearing government retribution for any exercise of their human rights fare the system should channel the productive returns of lending in the real economy to savers without the banking sector capturing the majority of such returns everyone with savings no matter how small should be able to benefit from this natural uplift today’s fractional reserve banking system is designed for the benefit of the few rather than the many the very nature of fractional reserve banking is incompatible with a truly healthy society the origins and basis of our banking system our banking system originated from precious metal guilds in the Middle Ages deposited gold mainly represented value that had already been created in the economy these guilds developed the concept of issuing paper I o use against the deposited gold as not all depositors typically demanded their gold back at the same time this led the deposit Rees to issue more paper io u–‘s for making loans from the gold that they held they retained a fraction of the gold in case a merchant needed physical gold these deposit trees evolved into today’s banks whose core model is based on the same fractional reserve concept this core banking system is inherently dishonest at its heart are three fundamental lies that pervert society and the economy one the bank will tell you that the money you deposit belongs to you in fact legally the money becomes the property of the bank in law you are an unsecured creditor to them in return the bank gives you an IOU called a deposit account the deposited money is recorded as an asset on their balance sheets and deposit accounts are recorded as their liability to you two the bank will tell you that your money is safely held at the bank in fact the bank holds only a fraction and then loans the rest of it out if you want more than this fraction of your money back the takes it from elsewhere three the bank will tell you that your funds are insured by the government up to a certain amount in fact there is no government insurance fund that corresponds to these deposit amounts it isn’t insurance it is a government undertaking in a failure situation to print more money to give to the banks so that they can repay they liability to you fractional reserve banking is illustrated below fractional reserve banking an inverted house of cards banking’s greatest deception is that the power of money creation is mainly in the hands of big commercial banks not the state the Federal Reserve doesn’t create most of the money in the United States large American banks do through the loan deposit account process since both paper money and Bank created money you have purchasing power they are both officially considered money why does the current core banking system suck there are two main reasons why this core banking system sucks it leads to inequality in

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