ON FRACTIONAL RESERVE BANKING SYSTEM
Fractional Reserve banking system is a system that is designed whereby every bank is expected to hold a small portion of your money in bank reserves while lending out the rest.
This system allows the bank to lend your money while still showing your funds sitting in the bank. Whenever you deposit funds in a bank, that money is available for withdrawal whenever you need it. But that doesn’t mean all of your cash is actually in the bank’s immediate possession. Hmm…
Are you surprised? Let’s continue.
It’s important to note that this system was…
CENTRAL BANK DIGITAL CURRENCIES (CBDCs)- it will pave the way for a massive boom in cryptocurrencies
So, about 2 weeks ago. The head of the world’s biggest Central Bank, Jerome Powell stated that over 80% of central banks across the world are already working on their own CBDC.
This short piece (I will write a more detailed one later) is to help you see the game changing nature of CBDCs.
For a long time, the average individual has really had it tough in understanding what cryptocurrencies are and why they are so immensely valuable. All that is about to change…
The gains that will be made in the 2020/2021 bull run that we are currently in its infancy, in my opinion will dwarf those seen in the 2016/2017 run
Some very outstanding gains were made in the 2016/2017 cycle (there was a cryptocurrency called VERGE that returned a whopping 1,580,000% in 12 months!!!). As big as the experience of 2016/2017 was, it was majorly retail money driven. Yes, the gains experienced was huge but the crypto market at that point was largely the playground of your everyday joe. The big money, institutional funds were absent. Today in 2020 however, the…
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Cryptolearninvest Academy specializes in educating and mentoring people on how to invest and make money from cryptocurrencies
