marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
payment
12/06/2024
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By Ethan Huff
New BRICS banking system will render Western sanctions on Russia USELESS
Former chancellor of Exchequer (British revenue collector) Lord Lamont of Lerwick is warning the world that if BRICS creates its own separate banking system separate from the U.S. dollar, all Western sanctions against Russia and its allies will be rendered completely useless. With growing talk about the BRICS countries – Russia, China, India, Brazil and […]
08/20/2024
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By Ethan Huff
BYE-BYE PETRODOLLAR: 159 Countries now slated to adopt new BRICS payment system
As soon as October, Russia’s long-awaited international BRICS payment system will be ready to go with some 159 countries said to be in the process of ditching the U.S. dollar as their official settlement currency. For several years, Russia and other BRICS member nations have been working on an alternative to the Western-controlled SWIFT international […]
05/05/2023
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By Ethan Huff
India joins Russia’s SPFS banking payments system – another death blow to the dollar and Western money dominance
We have received word that India, the second most populous country in the world, has signed a deal with Russia to adopt its SPFS system for making banking payments to the country. The Narendra Modi government reportedly agreed to adopt the Russian financial messaging system, known as the Service Bureau of the Financing Messaging System […]
03/30/2023
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By Ethan Huff
JPMorgan Chase wants consumers to pay for goods and services with face scans rather than cash and cards
One of the first big banks to embrace the notion of a cashless society, JPMorgan Chase is piloting a new payment technology that allows customers to buy and sell with just their palm or face – no cards or cash necessary. Following the lead of communist China, which already has such technology in place, JPMorgan […]
12/14/2021
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By Mary Villareal
DeSantis wants State of Florida to accept cryptocurrency payments for state fees
Florida Governor Ron DeSantis unveiled a proposal that allows businesses the option to pay state fees with cryptocurrencies as part of the state budget for 2022. Speaking in Tallahassee, DeSantis said that the state would be launching pilot programs to explore the use of blockchain technology for Medicaid payments and vehicle titles. The latter will […]
01/16/2018
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By Ethan Huff
Bitcoin payments now so SLOW and expensive that a prominent Bitcoin conference has stopped accepting Bitcoin for payment
The day-to-day usefulness of Bitcoin as a method of payment for everyday transactions is so limited that the North American Bitcoin Conference, which actively promotes the cryptocurrency, actually had to stop accepting it from attendees trying to make last-minute ticket purchases. The Keynote event, which is set to take place this week in Miami, features […]
01/16/2018
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By Ethan Huff
The Health Ranger was right: Bitcoin’s usefulness as a payment system COLLAPSES
High fees, slow transaction times, and unpredictable volatility are among the main reasons why some companies are reportedly deciding to abandon ship when it comes to using Bitcoin. As Mike Adams, the Health Ranger, has been predicting, Bitcoin’s future as an everyday method of payment is on the ropes as trends could be moving towards […]
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