Banking system Quote by Perianne Boring

“The Cyprus Financial Crisis was a devastating blow to Cypriots and halted their banking system. Banks closed for two weeks to prevent a banking panic. When they reopened, capital controls were placed on the people's money, and customers were met by armed guards at the branches.” quote by Perianne Boring — Download Open image

“The Cyprus Financial Crisis was a devastating blow to Cypriots and halted their banking system. Banks closed for two weeks to prevent a banking panic. When they reopened, capital controls were placed on the people's money, and customers were met by armed guards at the branches.”

Perianne Boring

★ ★ ★ ★ ★ 3.1 out of 5 (9 ratings)

More by Perianne Boring

Sir Richard Branson started out as a small business owner and now owns a conglomerate that will give you a ride to the moon.…

Perianne Boring

Image

Exchanging bitcoin on behalf of ransomware victims should not be construed as criminal activity by the exchanger, not as a matter of law nor…

Perianne Boring

Image

The credit/debit card transaction system is antiquated, expensive, and inefficient. There are over nine steps to complete a transaction from the time a customer…

Perianne Boring

Image

If you are not an accredited investor, you only have one option: to buy and hold bitcoin on your own. The process of acquiring…

Perianne Boring

Image

After Jessica Mitford published 'The American Way of Death' in 1963, to expose the abuses in the funeral industry, a groundswell of support for…

Perianne Boring

Image

Applying criminal law to the exchange of bitcoin on behalf of ransomware victims would create a morally shocking result of re-victimizing a victim. All…

Perianne Boring

Image

In the US, banking and finance are regulated on the federal and state level, there are multiple federal bank regulators, and there are separate…

Perianne Boring

Image

The law provides a remedy, charging those who threaten a victim's data for the purpose of extortion. Extending criminal liability to innocent third-party digital…

Perianne Boring

Image

Blockchain startups are suffering from a crippling, archaic, and antiquated state regulatory system - and it's driving innovation abroad. Many blockchain start-ups trigger or…

Perianne Boring

Image

Bitcore was introduced to give a trusted platform to spur further bitcoin innovation, allowing BitPay to focus on what they do best: acquire merchants.

Perianne Boring

Image

A new product, technology, or innovation - such as Bitcoin - has the potential to give rise both to frauds and high-risk investment opportunities.…

Perianne Boring

Image

When you take a look at how the IRS treats foreign currency, bitcoin doesn't have the same taxation regime. Foreign currency gains and losses…

Perianne Boring

Image

Explore all 37 Perianne Boring quotes

More Banking system quotes

If I could wave a magic wand, I'd break up the banking system.

Kenneth C. Griffin

Image

Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and…

John Adams

Image

If you've taken Econ 101, you know that the quantity of money rises only when the banking system makes a net loan.

Kenneth Fisher

Image

A banking system is an act of faith: it survives only for as long as people believe it will.

Michael Lewis

Image

For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow…

Janet Yellen

Image

Until part of your paycheck is regularly paid in Bitcoin, I'm not sure how it would really go mainstream. I can imagine places in…

Gavin Andresen

Image

Italy spills over to everything. Italy is a huge banking system. It has been the major banking system in Eastern Europe. It's worked with…

George Friedman

Image

In Africa it's difficult to carry the money, it's difficult to have a banking system with tellers, with distribution of cash. So they are…

Maurice Levy

Image

Is this complicated, risky [banking] system the best we can have?

Anat R. Admati

Image

The smaller man approaching our modern banking system, which controls all issue of credit and therefore pretty well all our industrial and commercial activities,…

Hilaire Belloc

Image

I confidently predict the collapse of capitalism and the beginning of history. Something will go wrong in the machinery that converts money into money,…

Margaret Drabble

Image

“Pick a leader who will keep jobs in your country by offering companies incentives to hire only within their borders, not one who allows corporations to outsource jobs for cheaper labor when there is a national employment crisis. Choose a leader who will invest in building bridges, not walls. Books, not weapons. Morality, not corruption. Intellectualism and wisdom, not ignorance.…

Suzy Kassem

Browse all 115 Banking system quotes

Banking system Quote by Perianne Boring

Related quotes

More by Perianne Boring

More Banking system quotes