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The traveller sees what he sees, the tourist sees what he has come to see.the direction and its distance drawing closer Art, like morality, consists in drawing the line somewhere. I enjoy frontline thnx
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The bitcoin vulnerability centers around the same kind of thing: shaving...the middlemen stealing from those who produce value. And its probably by design. "Miners" ~= central banks.
Related:
Bitcoin Vulnerability Could Allow Malicious Miners to Seize Control
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6. Canadian Dollar (CAD)
Central Bank: Bank of Canada (BoC)
Current Interest Rate: http://www.bankofcanada.ca/en/rates/interest-look.html
The Loonie
Established by the Bank of Canada Act of 1934, the Bank of Canada serves as the central bank called upon to "focus on the goals of low and stable inflation, a safe and secure currency, financial stability and the efficient management of government funds and public debt." Acting independently, Canada's central bank draws similarities with the Swiss National Bank because it is sometimes treated as a corporation, with the Ministry of Finance directly holding shares. Despite the proximity of the government's interests, it is the responsibility of the governor to promote price stability at an arm's length from the current administration, while simultaneously considering the government's concerns. With an inflationary benchmark of 2-3%, the BoC has tended to remain a shade more hawkish rather than accommodative when it comes to any deviations in prices.
Keeping in touch with major currencies, the Canadian dollar (CAD) tends to trade in similar daily ranges of 30-40 pips. Many currency prices and commodities move together, and one unique aspect about the CAD is its relationship with crude oil. The country remains a major exporter of the commodity, and as a result, plenty of traders and investors use this currency as either a hedge against current commodity positions or pure speculation, tracing signals from the oil market.
Read more: Top 8 Most Tradable Currencies http://www.investopedia.com/articles...#ixzz3pnzx8jKh
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