Millennial Financial Intelligence
It’s been often explained that when banks make a loan, they are basically creating money. Many people still think that money is created backed with some type of asset that has value, but the reality is that the current financial environment we live on is very different. In fact, there’s really no limit on how …
When looking at the classic adoption curve (by author Everett M. “Ev” Rogers) applied to the arrival of a new technology, it’s easy to identify successive groups of consumers adopting the new technology (shown in blue in the chart), its market share (yellow in the chart), and saturation level that will eventually be reached. So …
Read moreHow quickly will bitcoin move in the market adoption curve?
Jeff Bezos‘ strategy of continuous evolution has allowed Amazon to experiment in adjacent areas that then became franchises. A website that once sold only books but now lets anyone run its own online store. A warehouse and logistics infrastructure that Amazon built to sort, pack, and ship those initial books that is now turned into …
Read moreAmazon leveraging blockchain as enabler for new forms of income
An interesting video explaining November 2018 bitcoin’s price crash with opinions from Anthony Pompliano (founder of Morgan Creek Digital Assets), Alex Tapscott (co-founder at Blockchain Research Institute) and Tone Vays (Blockchain & Bitcoin analyst).
In November 2018, Google’s trend explorer reveals the weekly number of worldwide searches for the keyword “bitcoin” has reached levels not seen since the first week in April. Google reveals that the most searches for bitcoin in the world over the past week came from Nigeria, South Africa and Austria. Read full article on CoinDesk
The bull symbolizes a bullish market where investors believe that a stock price will increase over time. The bear symbolizes bearish market where investors believe that a stock price will decline over time. The origin of the such a symbology is not known with certainty. The most widespread explanation is because the bull is charging …
Investopedia’s describes a ponzi scheme as a fraudulent investing scam promising high rates of return with little risk to investors. The ponzi scheme generates returns for older investors by acquiring new investors. This is similar to a pyramid scheme in that both are based on using new investors’ funds to pay the earlier backers. For …
Jonny Chieng, a stand-up correspondent on The Daily Show give us a very funny video of his countless hours talking to experts about bitcoin and cryptocurrency while trying to put all the pieces of the puzzle together 🙂 It’s not easy to start understanding bitcoin and this cryptocurrency world but don’t miss this opportunity to enjoy …
During a European Parliament debate about single supervisory mechanism for the banking union, Godfrey Bloom former UKIP Member of the European Parliament (MEP), clearly explains why the current banking and monetary system is a truly a scam for the tax payers. Godfrey Bloom is a libertarian author with many books published on both military history & Austrian School Economics. Often considered as a …
In a simple definition, money is the way we get the things we need and desire. Money helps us to trade goods by acting as a medium of exchange. Before money existed, if you had apples but needed fish, you must find someone who not only had fish, but also had the desire for apples. …