Episode 502 • • 3:13 - 5:47
502: Nuevo Orden Mundial
Bitcoin Price Milestone, EU Bank Bailout Warnings
The price of Bitcoin is noted to have reached $161 as it continues a significant upward trend. European Union Commissioner Ollie Rehn issued a statement via Reuters suggesting that large depositors may face liability in future bank restructurings. While Cyprus is labeled a special case, new directives indicate that deposits over 100,000 euros may no longer be considered sacred during financial wind-downs.