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Corporate Finance Execs Still Balk at Bitcoin


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By Nicholas Otieno
Mar 11, 2021 5:00 AM PT
Bitcoin has become a financial and cultural phenomenon, having been in existence only since 2009. While many people have heard of it, very few understand it. In short, Bitcoin is a cryptocurrency, or digital currency, that allows transactions independent of the banking system.
Some see digital currency as revolutionary because it lets people send funds as easily as emails, even across international borders.
Although Bitcoin was originally developed to function as an alternative to fiat currencies (those that governments have given legal tender status), there has been a noticeable rise in demand from many people purchasing the virtual currency purely as a financial investment, hoping that it will appreciate rather than using it for a transaction. ....

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Corporate Finance Execs Still Balk at Bitcoin


);
//]]>// >
By Nicholas Otieno
Mar 11, 2021 5:00 AM PT
Bitcoin has become a financial and cultural phenomenon, having been in existence only since 2009. While many people have heard of it, very few understand it. In short, Bitcoin is a cryptocurrency, or digital currency, that allows transactions independent of the banking system.
Some see digital currency as revolutionary because it lets people send funds as easily as emails, even across international borders.
Although Bitcoin was originally developed to function as an alternative to fiat currencies (those that governments have given legal tender status), there has been a noticeable rise in demand from many people purchasing the virtual currency purely as a financial investment, hoping that it will appreciate rather than using it for a transaction. ....

Microstrategy Bitcoin , Janet Yellen , John Rainey , Christine Lagarde , Nicholas Otieno , Cypherpunk Holdings , European Central Bank , Public Companies Crypto Exposure , Marathon Patent , Voyager Digital , Alexander Bant , Gartner Finance , See Approach , Microstrategy Inc , ஜான் மழை , கிறிஸ்டின் லகார்ட் , ஐரோப்பிய மைய வங்கி , பொது நிறுவனங்கள் கிரிப்டோ நேரிடுவது , மராத்தான் காப்புரிமை , வோயேஜர் டிஜிட்டல் , அலெக்சாண்டர் பண்ட் , கார்ட்னர் நிதி , பார்க்க அணுகுமுறை ,

Democratic Staff Prep Two Options for Package: Stimulus Update


Democratic Staff Prep Two Options for Package: Stimulus Update
Bloomberg
1/27/2021
© Photographer: Alex Scott/Bloomberg
A restaurant stands temporarily closed in Austin, Texas on May 23.
(Bloomberg) Democratic congressional staff are preparing options for two legislative routes for President Joe Biden’s Covid-19 relief plan one that includes Republican support and one that goes without. The White House is arguing against a “wait and see” approach on aid, saying sustained fiscal support is vital for the recovery.
Biden has so far failed to win Republican backing for his overall $1.9 trillion stimulus proposal, spurring congressional Democratic leaders to prepare to move ahead with just their caucus. That involves a complicated legislative process known as reconciliation, which likely would take weeks to complete. ....

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House Plans Vote to Advance Democratic Plan: Stimulus Update


Democratic Staff Prep Two Options for Package: Stimulus Update
Bloomberg
1/27/2021
© Photographer: Alex Scott/Bloomberg
A restaurant stands temporarily closed in Austin, Texas on May 23.
(Bloomberg) Democratic congressional staff are preparing options for two legislative routes for President Joe Biden’s Covid-19 relief plan one that includes Republican support and one that goes without. The White House is arguing against a “wait and see” approach on aid, saying sustained fiscal support is vital for the recovery.
Biden has so far failed to win Republican backing for his overall $1.9 trillion stimulus proposal, spurring congressional Democratic leaders to prepare to move ahead with just their caucus. That involves a complicated legislative process known as reconciliation, which likely would take weeks to complete. ....

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