Is money really just an IOU (I Owe You)?

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 …

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How quickly will bitcoin move in the market adoption curve?

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 …

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Amazon leveraging blockchain as enabler for new forms of income

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 …

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