Old Glory Bank Presents:
PSL: Privacy. Security. Liberty.
FAQs about Old Glory Bank's Next Generation of Banking
Find answers to Old Glory Bank's specific plans and how we are building our unified dashboard.
Definitely not! We believe in giving our customers the freedom of choice. With Old Glory Bank, you will have the freedom of choice between using traditional bank accounts, crypto, or both.
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The OGB USD stablecoin is backed dollar-for-dollar (i.e., no fractional shares). A dollar-backed stablecoin cannot lose value, except to the extent inflation impacts all US currency. OGBUSD is like "cash." A dollar-backed stablecoin makes it easy to remit payments, but we do recognize it is not a hedge against inflation. The purpose of OGBUSD is to make payments anywhere in the world and fly over the top of the Federal Reserve and the SWIFT platform. But a stablecoin is not an investment asset and is not a hedge against inflation.
The initial launch will support HBAR and XDC. XRP, BTC and XLM will be fast followers.
Ep 5: Uniting Crypto and Banking
In Episode 5 of PSL, Mike Ring interviews Old Glory Bank's Chief Innovation Officer, Michael Staw, to show how the next generation of Old Glory Bank will fully integrate all of your crypto assets into your Bank Account for easy exchanging and spending.
Ep 4: Congress Created the Federal Reserve and this Creature is Too Powerful to Die
In Episode #4 of PSL, Mike Ring, Old Glory Bank's CEO, explains how the creature from Jekyll Island was created and why Congress can never get rid of the Federal Reserve because this Bank Cartel is the pusher that feeds Congress’ addiction to spending. Ring also establishes the impossibility of returning to a Gold Standard, why a CBDC can never exist, and how a Bank “Bail-In” is not real.
Ep 3: Meet John Kingma, who built Old Glory Bank into the premier bank for the 2nd Amendment.
In Episode #3 of PSL, Mike Ring interviews John Kingma, President of Commercial Banking at Old Glory Bank and an experienced firearms enthusiast who explains how we built Old Glory Bank to be the premier bank for the firearms industry.
Ep 2: The FIRM Act is a Beautiful Bill to eliminate a powerful Shadow Law in Banking.
In Episode #2 of PSL, Mike Ring, Old Glory Bank's CEO, explains how Shadow Laws are used by Bank Bureaucrats to push their political Agenda. Ring describes Chairman Tim Scott’s new Bill, the FIRM Act, and how it will eliminate “Reputational Risk” as a Shadow Law.
Ep 1: The Bank Secrecy Act
In Episode #1 of PSL, Old Glory Bank President and CEO, Mike Ring, describes how the Bank Secrecy Act should have been named the Bank Snooping Act, because that is what it actually is. Banks are legally required to snoop on your transactions, and Ring explains the real implications.