A simple explanation of how money moves around the banking system
Twitter went mad last week because somebody had transferred almost $150m in a single Bitcoin transaction. This tweet was typical: 194,993 BTC transaction worth $147m sparks mystery and speculation http://t.co/mdfQtTwOmQ — CoinDesk (@coindesk) November 23, 2013 There was much comment about how expensive or difficult this would have been in the regular banking system – and … Continue reading A simple explanation of how money moves around the banking system
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