New Banking Regulations Can Add People to Crypto Money 

in #bitcoin7 years ago (edited)

It is probable that the work of the Federal Reserve with regard to the regulation of banking laws in the country would lead people to use crypto money; was shared with readers by Weiss Ratings, an independent evaluation body. Raporda stated that it is likely that citizens will invest their money in cryptography to avoid exposure to a possible economic crime.

The Weiss Ratings authorities will re-negotiate on May 30 with the US Federal Reserve, which is also known as the Volcker rule, forbidding banks to make profit-oriented transactions with funds protected by deposit insurances and volatile markets; Stating that the crypto paralara could direct American citizens; wrote in the blog post:

"The FED wants to make it easier and more risky to take risks by using the money in the bank with these moves. They want to light green to make things easier for the banking crisis of 2008. "

In an article published by Martin Weiss and the company's cryptographer Juan Villaverde, it is said that this situation is likely to create an imbalance in American markets, and it will be similar to the same 2008 process. The banks in 2008 will be remembered; The Mortgage, which came out in the 90s and was distributed to everyone with the home motto, tried to make a profit from the loans and a major crisis broke out.

Following the explosion of the mortgage balloon and the price plummeting, the banks have explained serious damages and the Central Bank had to take control of their work. At this point, while the FED is also connected to the elbow; there was a very tense and uncertain process at that time.

Weiss and Villaverde continued his words as follows:

"Despite all these crises, there is still a big problem with mega banks. We still have a lot of confidence in them. Not just investors or ordinary citizens, but global markets are too confident about liquidity. "

The company stated that as a solution to this problem, the accumulation should be made in the form of crypto money while pointing to the crypto money. This was explained by the following expressions:

"Crypto money has the ability to function very well in this regard. It is unthinkable that such great technological developments in the world can not affect the banking sector and the markets. "

Another thinker like Weiss Ratings is the millennium children of the USA. A study of children born in America after 2000; young people's crypt money, money, putting it in a bank is a safer way.

It is not known how much the alarm fire of Weiss Ratings will be, but it is known that the economic market is waiting for this FED meeting.

However, many authorities state that only a few lines of the Volcker Rule will change, making it difficult to make complex changes. While the memories of the 2008 crisis are still fresh, there are too many people who think it would be impossible to get into something like this