A elementary explanation of how money moves around the banking system, Richard Gendal Brown

A elementary explanation of how money moves around the banking system, Richard Gendal Brown

Thoughts on the future of finance

Twitter went mad last week because somebody had transferred almost $150m te a single Bitcoin transaction. This tweet wasgoed typical:

194,993 BTC transaction worth $147m sparks mystery and speculation http://t.co/mdfQtTwOmQ

There wasgoed much comment about how expensive or difficult this would have bot ter the regular banking system – and this could well be true. Read More