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A Steve s note: Bitcoin and other cryptocurrencies are getting a lot of attention these days. So today, we re sharing another essay from my friend and colleague Eric Wade. He explains why he believes bitcoin will go mainstream – sooner than most people think. As central banks around the world spin up their money printers, the rise of cryptocurrencies will not just blow up the old model of banking. It s going to completely reset the entire financial system – starting with the U.S. dollar. What exactly is the monetary policy for the dollar? I can tell you. It s a small committee of bankers who lick their fingers and lift them in the air to gauge which way the market is going.

Jerome powellEric wadeMark carneyClient solutionsDepartment of the treasuryOffice of the comptrollerFederal reserve actModern monetary theoryGreat recessionEngland governor mark carneyFed chair jerome powellBitcoin willReset big bankingFind cryptos withஜெரோம் போவல்எரிக் வேட்