BTC Sessions $1 Trillion Daily Repos, Coinbase Exec To Oversee Banks, Bill In Senate Aims To Torpedo Encryption EP029
SHOW RESOURCES:
Former Coinbase executive will oversee the banking system
Fed Announces another $500B repo injection
THEN they decide on injecting $1 Trillion EVERY DAY this week
Treasury secretary announces plans for helicopter money – checks to Americans in the next couple weeks
https://www.politico.com/news/2020/03/17/coronavirus-government-payments-checks-133994
“EARN IT” bill aims to dismantle encryption
Sign the petition
https://actionnetwork.org/petitions/dont-let-congress-kill-encryption/
Full bill here:
https://www.eff.org/document/earn-it-act
Could bank runs be on the horizon? Cash withdrawal limits already in place at Bank of America, likely to be reduced in coming days
https://bitcoinist.com/ultimate-test-for-fiat-as-us-bank-runs-loom/
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