Discover and read the best of Twitter Threads about #SystemicRisk
Most recents (6)
(1\28) The biggest misconception about #crypto is it’s just a different currency. No, it’s an advancement in #technology. All of our financial systems are archaic & outdated. Also, current design based on existing infrastructure promotes wealth inequality continually $CEL $EGLD 
(2\28) why it continues to get worst. This creates much of the wealth suppression of people, which leads to resource scarcity, falling into Maslow’s lowest hierarchy of needs, contributing to corruption, crime, chaos, social issues, etc. The core problems of society have a root
(3\28) cause.
ACH - Automated Clearing House transfers take 3-7 days which is horrible in an instantly connected e-commerce world.
Securities - Cash (unless wire which isn’t instant), stocks and other securities require settlement which can be 3 days or longer. All solved
ACH - Automated Clearing House transfers take 3-7 days which is horrible in an instantly connected e-commerce world.
Securities - Cash (unless wire which isn’t instant), stocks and other securities require settlement which can be 3 days or longer. All solved
38/ We need more fundamental research & education in crypto $EGLD $CEL
1/ I produce a lot of content. It's difficult for some to keep up with at times. Below, a list of some of my threads & important tweets for $EGLD & $CEL The Crypto Industry & Banking/Federal Reserve & Investing. Education is Freedom & Crypto is Financial Freedom. #cryptocurrency
2/ Who am I:
3/ “Is @ElrondNetwork The Future Smart Contract Blockchain Market Leader?” (44 Page Research & Investment Thesis) $EGLD ⚡️
(1\13) The next time someone says #crypto is the one with #leverage tell them they have ZERO understanding of the existing legacy banking & financial system. Historically banks were required to hold 10-13% in reserves. Federal Reserve moved it to 0% on March 15, 2020 $EGLD $CEL
(2\13) federalreserve.gov/monetarypolicy… When I used to teach banking I would have my students perform #UBPR which are essentially an analytical tool for assessing banks health & performance. NEVER has the banking system allowed 0% reserve. Let me
(3\13) give you a mathematical example of how #FractionalReserves are essentially implicit leverage. If banks historically had to hold say 10% than the way you would understand how much leverage is by 1*1/R. You deposit $100 *(1/R) R=10% = $1,000, so they can lend out $900 for
1/6 I taught banking & financial markets & Institutions at the University for years. It’s comical to me how little these “Financial writers” know about the ever changing landscape of our LEGACY financial system. People discussing @Tether_to $USDT … #BTC $CEL $EGLD $MATIC $USDC
2/6 how it’s so groundbreaking they are only 3% cash, rest being a combination of cash equivalents, treasuries, or short term assets. What most FAIL to realize is on MARCH 15 2020 the #FederalReserve Reserve announced 0% Reserve requirements for Banks federalreserve.gov/monetarypolicy…
3/6 So people like @smdiehl or @FinancialTimes or quoting the likes of individuals who are supposed “Financial writers” without giving context of the existing 0% backed reserve system in OUR EXISTING FINANCIAL SYSTEM is perpetuating lies, illusions & false truths. Things should
Chopping down loan loss reserves is another form of de-regulation. #SystemicRisk
China’s banking regulator has softened rules requiring lenders to set aside provisions against losses on bad loans, to encourage banks to provide more trustworthy assessments of their health. ft.com/content/4cc6ee…
