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For those who dont want to read into it, the narrow bank (TNB) would take your money, park it at the Fed where it would accrue 2.4% interest and take a small cut of it. parking money at the Fed is available to all banks. the fed said that it would not open an account for TNB, got sued, and was forced to admit that it would be dangerous for the system as it would Excerpts from the bloomberg article [https://www.bloomberg.com/opinion/articles/2019-03-08/the-fed-versus-the-narrow-bank](https://www.bloomberg.com/opinion/articles/2019-03-08/the-fed-versus-the-narrow-bank) "The first is macroeconomic: The Fed worries that narrow banks could mess with the implementation of monetary policy, because if they succeed they will keep a lot of money at the Fed, increasing the size of its balance sheet. They might also make other short-term interest rates (like fed funds) more volatile, because people who would otherwise participate in those markets might park their money at narrow banks instead, making it harder for the Fed to target interest rates." and the big admission: "Second, it worries that narrow banks will take funding away from regular banks, making it harder for those banks to trade stocks and bonds (a business largely funded by repo), and maybe even making it harder to make loans" link to the Fed statement: [https://www.federalreserve.gov/newsevents/pressreleases/bcreg20190306a.htm](https://www.federalreserve.gov/newsevents/pressreleases/bcreg20190306a.htm) and a quote(pass-through-entities means the narrow bank) "As set forth in the advance notice of proposed rulemaking, these narrowly focused depository institutions ("Pass‑Through Investment Entities" or "PTIEs") could attract a very large quantity of deposits from institutional investors, yet at the same time avoid the costs borne by other depository institutions, such as the costs of capital requirements and the other elements of federal regulation and supervision, because of the limited scope of their product offerings and asset types. The advance notice of proposed rulemaking requests comment on the potential benefits and potential costs associated with the presence of such institutions in the U.S. financial system and their receipt of IOER on their balances at a Reserve Bank." Bitcoin forever
Did request network ever become paypal 2.0? When did funfair token change the gambling sector? Waltonchain was going to revolutionise supply chain networks worldwide but that never happened. Who remembers the great potential of TNB or POE coin? EOS will change the world! OST simple token will be massive as every company will use them to create their own token. Electroneum will become the currency of the unbanked! So much hilarious nonsense above that was genuinely portrayed by sooo many during late 2017 early 2018. I really do find the shilling on this sub daily very entertaining as in a few years so much of the crap spoken about will be as much of a joke as those above I mentioned.
tldr; Out of the top ten digital currencies, terra (LUNA) saw the biggest gains, jumping more than 43% higher against the US dollar in Q1. While bitcoin is the leading crypto asset in terms of market capitalization, it has only gained 4.30% during the last 90 days. Kstarcoin (KSC) increased by 339.63% in three months and time new bank (TNB) jumped 234.77%. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; In the past two years, Malaysian authorities have detained 627 people involved in crypto mining activities using stolen electrical power, the country's Bernama news agency reported. During the same period, law enforcement officials also seized mining hardware worth 69.8 million Malaysian ringgit ($16.6 million), the report added. The arrests were made as a result of joint efforts with representatives of Malaysia's Tenaga Nasional Berhad (TNB) electric utility company and the Criminal Investigation Department. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; Malaysia’s national electricity utility Tenaga Nasional Berhad (TNB) has reportedly proposed the introduction of a special tariff for Bitcoin mining operators. In 2021, Malaysian authorities seized a whopping $13 million worth of crypto mining equipment, and it appears that the country is gearing up for implementing further countermeasures. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Not zero but some examples i can think of that significantly tanked in 2018 after being in top 100 are Modum Funfair TNB Monia Vertcoin Reddcoin WaltonChain Quantstamp Poe Simpletoken.... all for various differing reasons... lol You can tell I've been around here for too long for my own good.
Definitely TNB, can't believe its still listed in coinmarketcap
First coin I ever bought was TNB. Infinite hold cause it basically went to 0 and I can’t even sell it anywhere. Never putting my money into anything from China again.
#TNB Not losing hope. There is no hope and its over. Not ones that's ever mentioned here anymore but it was shilled plenty in late 2017 early 2018 The time trading platform that would revolutionise the world! Lol Time with celebrities of the time of certain professionals. A fake dinner with President Trump (was a table in the same venue) that never happened anyway, a Korean popstar that couldn't get a visa and a blockchain guru that was paid a load to shill and did a boat ride with 10 people. They also used Maldini and Drogba (retired soccer players) to con more people into this. They had an event for Maldini where 2 Japanese school girls batted signed TENNIS balls into a 'crowd' of 20 people. They're were major red flags and literally no coding but that didn't stop certain tragrammers shilling this hard on social media. Obviously any concerns by rtailes were met with shrieks of FUD 🙄 Anyway when they knew it wasn't working so they creates a very glichy platform that people's 'time' could be traded on. Alot of people deposited their tnb onto this platform to try and make more tnb (obviously to sell) but it was being manipulated by insiders and project owners so loads of retailers got burnt bad and lost tokens. These tokens were dumped on the market for 6 months before it was delisted from Binance. Near the end they shut the platform down and took everyone's remaininh tokens without warning. Still bring dumped by the criminal's now on exchanges like hotbit. Should be illegal. Anyway there was so many funny things that went on because the whole project was beyond parady. Those who had tnb or were part of the telegram know all about coffee with Lao mao. It is funny but literally billions of dollars was stolen and the founder's ran away. Proper definition of a botch it and leg it.
I personally like VITE, NANO, AUDIO, FTM. And if you are willing to make the effort to buy into an alpha-stage project: I really like TNB (the new boston).
TNB - Lao Mao won't run off with the money this time round.
Best - Enjin Worst - TNB lol Chinese rug pull
Be aware that this is gamble and you could lose all your money. I give you some examples of hard burns from 2017/ 2018: feel free to look them up DBC, TNB, RDN. ADX, INK Some delisted and dead ones DREAM, WANK (similar to cumrocket) And there are several ones that somehow spiked but get buried afterwards kike DMT (dead now), MED
https://tnbfaucet.com/ - 50 TNB Very early on with this project. Not available on any exchanges. Might go nowhere, but it might go somewhere.
Buying TNB still haunts me to this day.
TNB They promised the world but delivered coffee with a chineese guy called Lao Mao.
Dump'n'Run DNR or maybe just plain and simple: TNB - The Next Bitcoin...SafeSafe(MoonMoon) Scroochcoin... ...and of course : TrumpUranus
For a second I was gonna freak out because I thought you were talking about Time New Bank. Anyone else remember TNB lol?
Can confirm. Lost 20% of my "investment" in a second thanks to TNB when it was still listed on binance 2 months ago or so
TNB - its a sham its still on any exchanges. Thankfully delisted from binance a while back. Chinese rug pull.
TNB - Time New Bank - 2nd only to bitconnect in a biggest crypto scams list.
Some are scams and many are never going to mount to anything and are massively overinflated. Do a search on Modum, Walton, Quantstamp, TNB, FUN, OST. All of those alts were really shilled during the winter of 2017 and early 2018 - See where they are now.... All of them arguably had really strong use cases and 'great visions'....... Some are actually great companies but the token is essentially useless thus worthless.