Just a little walk from the New York Stock Exchange (NYSE) is the Bitcoin person to person exchange, where people can walk in and buy and sell Bitcoins.
Michael Lewis’s new book Flash Boys talks about how the High Frequency Trading technology employed by many Wall Street trading firms that co-locate their servers extremely close to the actual stock exchange are front running everyday human traders.
This video of a congressional hearing, shows that nearly 10 Trillion U.S dollars is missing. The Federal Reserve central bank of the United States printed this money, which American taxpayers will need to pay back and even the head overseer of the Federal Reserve does not know who or where the money went.
Japan’s nationalism is rising and the drums of war is beating possibly with China.
In the last year or so, we have seen many disputes over some tiny islands between Japan and China, with one incident prompting the American military to patrol an area near the island with American ships as a show of support for Japan.
Everything is computerized these days, trading is no exception and now the power behind it is extreme, as you see in this video the computerized trading system of Citadel Group can process 21 million shares in 3 minutes.
This same computing power can also be used to manipulate markets with HFT (High Frequency Trading).
Banks are a parasitic force in the economy and steals bit by bit from the citizens of countries with fees, and destroy economies with risky bets that cost real people jobs.
With Bitcoin and other crypto currencies there is no need for banks in the future.
Eliminate the middle men the banksters, who are allowed to “launder drug money” and perform illegal activities behind the scenes, because they have put money in corrupt politicians pockets.
It is a problem when the majority of the U.S government congress are millionaires. Give your money to the rich millionaires and they will decide what the U.S citizens will get.. this is essentially what the system boils down to.
The government is out of touch and does not reflect the will of the people, right now tens of millions of Americans are suffering and America is broke and the U.S government has no idea what they are doing.
