Tag: John Williams

Bitcoin Price Watch: Currency Plunges Below $9,000

The price of bitcoin has fallen dramatically over the last 24 hours. The currency is now trading for about $500 less than where it stood yesterday afternoon. At press time, the currency is wallowing in the $8,600 range after previously hovering at $9,100. Prior to that, the currency had experienced a weekend high of $9,800, but subsequently dropped to $9,500 and $9,300 respectively within a 48-hour period. This ultimately marks …
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John Williams Claims Bitcoin Can Never Become a Proper Currency

It has become apparent that the state of New York does not take kindly to cryptocurrencies. In fact, it is one of the most hostile places in the world to set up a Bitcoin enterprise right now, which is not a positive development. This sentiment is reflected in potential New York Fed President John Williams’ recent comments on the future of Bitcoin and other cryptocurrencies. What Does the Future Hold for Bitcoin? When it …
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San Francisco FED President Says Terrorist Financing Could be Made Easier with Digital Currencies

In a speech delivered on April 12 at the LendIt USA 2016 conference in San Francisco, John Williams, President and CEO of the San Francisco Federal Reserve, spoke about the potential benefits and pitfalls of fintech technologies as well as digital currencies. In his speech, the FED president said that many fintech technologies hold the keys to solving many “long-standing challenges” and that advances in payment technologies can open the …
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