Rainer Michael Preiss


Last quote by Rainer Michael Preiss

Of course, if you run a very large U.S. bank, most probably you are afraid of blockchain and bitcoin. The concerns are about the fractional reserve banking system, and the balance sheet of the Federal Reserve at $4.5 trillion, where the Fed officially refuses an audit. On the other hand, on the bitcoin blockchain, you have an audit everyday because it's open-sourced.feedback
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Sep 20 2017 Federal Reserve
Rainer Michael Preiss has most recently been quoted in an article called Skyrocketing bitcoin is more than just an investment - it could help the world, says investor. Rainer Michael Preiss said, “Bitcoin's market capitalization overtook Deutsche Bank just as of last week, so that shows you how to some extent the world and things are changing. The question that always comes is: Is it a currency? Well that's maybe too limiting – it's much more than that, it's actually a token. It's distributed trust and distributed consensus.”. Rainer Michael Preiss has been quoted a grand total of 2 times in 2 articles.
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