All Hokie, All the Time. Period. Presented by

The Lounge Board

Vtskier1

Joined: 01/01/2005 Posts: 7076
Likes: 3438


Well the issue with the process is that over time it became more and more


regulated. Dodd/Frank added layer on layer to it. Crypto will be interesting as a funds can't be seized as part of enforcement. It also takes away US Trade flow dollars, which (our bank) banks move for the Fed daily...causing them to be "too big to fail".... We can move money much faster than most banks and prefer not to use the old wire system. SWIFT, more tech based (eg. WorldLink from Citi or a Venmo even), etc are more efficient ways to move money.

(In response to this post by MrBayAreaHokie)

Posted: 06/04/2021 at 11:37AM



+0

Insert a Link

Enter the title of the link here:


Enter the full web address of the link here -- include the "http://" part:


Current Thread:
  You referring to Will Stewart? ** -- Hokebury 06/04/2021 1:43PM
  Yup ** -- PhotoHokieNC 06/04/2021 2:26PM
  And impersonating an android. ** -- PhotoHokieNC 06/04/2021 11:54AM
  The coming war is Fed vs Crypto -- MrBayAreaHokie 06/04/2021 10:34AM
  Nice analogy and perception. ** -- PhotoHokieNC 06/04/2021 11:56AM
  Merchants screwing up payment systems as well -- One4VT 06/04/2021 11:18AM
  With RTP gaining in capabilities and use cases, -- VT Pops 06/04/2021 10:47AM
  Who do you put in jail? -- MrBayAreaHokie 06/04/2021 11:00AM
  Every past episode of pumping up an asset -- GreenvilleVT 06/04/2021 12:17PM
  You can deduct the losses on your taxes ** -- Hokie1992 06/04/2021 11:34AM
  I bought a stock called Vitria in the late 90s. -- RoswellGAHokie 06/04/2021 09:32AM
  I have a doctorate in that unfortunately. ** -- vt90 06/04/2021 09:17AM
  AMC is spiking...dammit i meant to buy ** -- HokieDan95 06/04/2021 08:25AM
  Amc is a wrap for this week ** -- typed by ben 06/04/2021 09:34AM

Tech Sideline is Presented By:

Our Sponsors

vm307