#146 Bankers Like Bitcoin & Banks Ban Bitcoin? + Global Debt Records

in bitcoin •  7 years ago 

As the Global Debt Hits Record $233 Trillion, we also find out that Merrill Lynch is Restricting their Clients from Investing in Bitcoin, and Nationwide Bank is no longer allowing deposits!

So, while we are seeing madness stemming from alt-coins to Coinbase to banks and the Federal Reserve?

Is Bitcoin in a bubble, or are we seeing the effects or fiat inflation reflected in the face of fed rate hikes and fed Policy Normalization, to reduce their balance sheets before the next world market downturn?
Let's Discuss!

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https://www.reddit.com/r/Bitcoin/comments/7p6jar/jamie_dimon_i_regret_calling_bitcoin_a_fraud/?st=jc7qvkuo&sh=663d94e9
https://www.reddit.com/r/Bitcoin/comments/7p6vt6/this_meme_sure_did_age_well_jamie_you_sneaky/?st=jc7qw08y&sh=eca0998c
http://bitcoinist.com/wall-street-bonuses-bitcoin-spree/
https://www.reddit.com/r/Bitcoin/comments/7oo41v/remember_this_when_some_politicians_try_to_ban/?st=jc4ve82f&sh=291db2fa
http://www.cryptolulz.com/media/crypto-markets-right-now
https://www.financemagnates.com/cryptocurrency/news/merrill-lynch-restricts-clients-investing-bitcoin-fund/
https://bitcoinist.com/coinbase-announce-they-will-no-longer-accept-deposits-from-nationwide-bank/
https://www.bloomberg.com/news/articles/2018-01-05/global-debt-hits-record-233-trillion-but-debt-to-gdp-is-falling
https://www.google.com/search?q=fed+rate+hikes+2018&rlz=1C1CHBF_enUS771US771&source=lnms&tbm=nws&sa=X&ved=0ahUKEwiJ8Ij9pMXYAhVR0VMKHd40DK4Q_AUICigB&biw=1313&bih=730&dpr=1.65
https://www.investopedia.com/insights/how-will-fed-reduce-balance-sheet/
https://www.federalreserve.gov/monetarypolicy/policy-normalization.htm
https://www.google.com/search?q=asset+class+tips&rlz=1C1CHBF_enUS771US771&oq=asset+class+tip&aqs=chrome.1.69i57j0.5100j0j7&sourceid=chrome&ie=UTF-8

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Friction makes the ice melt :) daily follower.

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