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: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • 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: Coinbase Confirms DOJ Investigation Following Major Security Incident

Mellon Dynasty Banker: Bitcoin a Solution a Transparent Democracy

newsbtc
newsbtc
4 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

Bitcoin Finds Support Above 50-Day SMA, But Next Direction Remains Uncertain

Bitcoin is holding steady above its 50-day Simple Moving Average (SMA), showing signs of underlying strength despite a lack of...

Godspower Owie 3 hours ago
bhutan crypto payments

Το Μπουτάν υιοθετεί τις κρυπτοπληρωμες παρά τα προβλήματα συνδεσιμότητας

Μέσω της συνεργασίας της Binance Pay με την DK Bank, οι ντόπιοι και οι τουρίστες μπορούν πλέον να κάνουν κρυπτοπληρωμες...

Ανθή Ντόνκοβα 4 hours ago
Bitcoin Bounces Off Key Demand Level – Price Discovery On The Menu?

Bitcoin Bounces Off Key Demand Level – Price Discovery On The Menu?

Bitcoin has experienced heightened volatility over the past few days, moving between critical levels as market participants await a clear...

Sebastian Villafuerte 4 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

crypto ETF's snorter

Токен Snorter достиг $1,45 млн на ICO: помощь дегенам безошибочно ловить следующий 100-кратный рост

lisachaikina 28 minutes ago
Tron DeFi Activity Expands: SunSwap Hits $3B+ Monthly Swaps In 2025

Tron DeFi Activity Expands: SunSwap Hits $3B+ Monthly Swaps In 2025

Sebastian Villafuerte 1 hour ago

25 Million Funtokens Burned! – How Does The Community React?

NewsBTC 3 hours ago

Premium Sponsors

Press Releases

  • Szukasz najlepszych kryptowalut do zakupu w 2025 roku

    Szukasz najlepszych kryptowalut do zakupu w 2025 roku? Oto...

    29 minutes ago
  • Best Crypto Payment Gateway for Trading in 2025

    3 hours ago
  • 仮想通貨プレセールで1.45百万ドル調達-人為的ミスを排除し次の100倍を目指す新鋭トークン

    ...

    7 hours ago
  • 仮想通貨おすすめ|2025年に注目のポートフォリオ向け有望銘柄4選とは?

    ...

    7 hours ago
  • 「壮大で美しい法案」成立も暗号資産税制救済なし、新しい仮想通貨が未来を切り開く

    ...

    8 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

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.