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Author Topic: silvervigilante:Bitcoin Market Arbitrage:The Failure of Western Banking & PayPal  (Read 1586 times)

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Bitcoin Market Arbitrage: The Failure of Western Banking & PayPal

Quote
Yesterday, Bloomberg reported on Bitcoin in an article entitled “Bitcoin’s Gains May Fuel Central Bank Concerns.” Today, CNN Money reports on a “scandal” at the oldest bank in Europe and Silver Vigilante earlier reported on the London Whale traders’ bets last Spring having been against JP Morgan itself. Yesterday and today, PayPal, the dominant online payment solution, has gone down and been crawling along since. With the heart of European banking system engulfed in controversy, PayPal showing signs for concern and Bitcoin only making positive headlines, is a new day rising?
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