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Paul Mangione
- 1 min
Bitcoin Network - Hash Rate versus Difficulty Factor
Bitcoin Network - Difficulty increases 4.7% after 4 straight decreases since May as Total Hash Rate (14-day average) increases to 104 TH/s. Data from Blockchain.com Paul Mangione Fort Schuyler Advisors www.ftschuyler.com #bitcoinmining #bitcoinnews #bitcoin #bitcoinprice #bitcoinvalue #bitcoininvestment #btc #btcnews #btcusd #btcprice #cryptocurrencies #cryptocurrency #cryptocurrencynews #cryptomining #cryptoassets #cryptonews #crypto #cryptotrading #cryptocurrencytrading #cr


Paul Mangione
- 1 min
Where Do Banks Get the Money When They Give You a Loan?
From Danielle DiMartino Booth Quill Intelligence with Professor Richard Werner explaining: "Where Do Banks Get the Money When They Give You a Loan?" (in 5 minutes or less) "Is it from deposits...or is it from excess reserves at the central bank...or is it just created out of nothing, out of thin air, invented?" Short Version: They book the loan as an asset and create a customer claim on the bank (aka a bank deposit) into your account as liability. Not exactly how Jimmy Stewar