NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

Mellon Dynasty Banker: Bitcoin a Solution a Transparent Democracy

newsbtc
newsbtc
5 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

What’s the last thing you expect an entrepreneur from one of the most prominent multi billion-dollar banking families in the United States to say? Would it include bitcoin in any form?

Many would suggest the digital currency would be a banker’s worst nightmare, but Matthew Taylor Mellon II — presently the Chairman of the New York Republican Party’s Finance Committee — seems to be quite the fan.

In an interview with Forbes, the highly-successful business man suggested digital currency could be the future of democracy in some respects.

“I feel like citizens are fed up with banksters,” he told the Forbes reporter over lunch. “We need to live in a more transparent, free democracy. The more secretive America becomes, the more dangerous it is.”

The key to this transparent and free democracy, he says, involves bitcoin — which has grown significantly over the past eighteen months.

“The banks are going to be scratching their heads,” he added.

It’s not difficult to see why Mellon is so infatuated with bitcoin. In fact, he’s said to have invested $2 million in an incubator that allows bitcoin-related companies to start up and flourish. That incubator is called CoinApex.

“Matthew is the kind of guy who’s very smart about attracting very talented people to help him figure it out,” said J. Todd Morley, a friend of Mellon’s and founder of Guggenheim Partners. “I know he’s been studying Bitcoin and talking to senior people in the industry.”

It’s certainly an interesting story, and one that is becoming increasingly common as those in the banking industry recognize the promise of this digital currency.

Moreover, there’s no shortage of interesting developments that are taking place with regard to start-ups in the space, which acts as an attractive opportunity for the wealthy investor.

You may very well hear a lot more of this type of optimism in the coming months.

Read the full story published at Forbes.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Comments 1

  1. Shagzy says:
    11 years ago

    The mess started in 1913. Look at the debt chart, it starts there and heads up to space… That was the year the FED was invented (a non-governmental entity to create debt) and the IRS (a governmental agency to collect debt).

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 1

  1. Shagzy says:
    11 years ago

    The mess started in 1913. Look at the debt chart, it starts there and heads up to space… That was the year the FED was invented (a non-governmental entity to create debt) and the IRS (a governmental agency to collect debt).

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Influencer Warns Bitcoin ‘Accident’ Ahead, Says Even The Ambulance Can Crash

According to posts and short clips published on October 17, 2025, social media personality Andrew Tate warned that Bitcoin could...

Christian Encila 6 hours ago
Het beste crypto moment is nu - iedereen verliest de hoop, volgt de bull run?

Het beste crypto moment is nu – iedereen verliest de hoop, volgt de bull run?

De cryptomarkt ging de afgelopen week fors onderuit. De crypto market cap daalde met ruim 12% en zag een kapitaaluitstroom...

Lars Diederiksen 8 hours ago
XRP

A New XRP Era? Crypto Educator Sees Path To $1,000

According to reports, Ripple is moving into corporate treasury services with an acquisition valued at $1 billion. The purchase, tied...

Christian Encila 9 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

$536M In Sell Pressure: Why Bitcoin And Ethereum Prices Crashed

Scott Matherson 51 minutes ago
Bitcoin

More Pain Ahead? Bitcoin Trendline Breach Sparks Talk Of Corrective Wave In Play

Godspower Owie 2 hours ago
Bitcoin

Bitcoin May See Selloff If $100,000 Support Fails — Here’s Why

Semilore Faleti 5 hours ago

Premium Sponsors

Press Releases

  • Najlepsze presale kryptowalut: dlaczego prognozuje się...

    6 hours ago
  • 新しい仮想通貨が登場:ビットコインをより速く、低コストでDeFi対応へ導く革新プロジェクト

    ...

    12 hours ago
  • Най-добрите крипто пресейлове защо се прогнозира Maxi Doge да нарасне 100x до 2026 г.

    Най-добрите крипто пресейлове...

    1 day ago
  • ドージコイン 今後 の価格見通し:ETF期待とクジラ買い集めが示すブレイクアウトの兆し

    ドージコイン 今後...

    1 day ago
  • リップル 今後の価格予測:5倍ETF申請で上昇に拍車か — 100ドル到達は目前?

    リップル...

    1 day ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.