Impact Lab


Subscribe Now to Our Free Email Newsletter

» Currently browsing: Money Talk


The US is no longer the world’s largest Bitcoin market

November 3rd, 2017 at 2:39 pm » Comments Off

Japan has risen above the U.S. in the worldwide rankings for the largest bitcoinexchange market. The country now accounts for roughly 48 percent of the global market share, reaching a high of 51 percent over the weekend.



The world’s first AI exchange-traded fund is set to run in Canada

November 3rd, 2017 at 10:16 am » Comments Off

Today’s artificial intelligence (AI), most experts will agree, is still far from what’s called a general AI — one that can perform any task human beings are capable of. Yet, despite limitations, AIs have become rather powerful — at least enough to beat human beings in their own games, or even to take over performing certain […]



Most Americans remain blissfully unaware of the blockchain revolution

November 3rd, 2017 at 10:04 am » Comments Off

With the cryptocurrency market cap now estimated to be in the hundreds of billions of dollars and a sort of familiar frenzy kicking into overdrive, here’s another reminder that widespread adoption by the U.S. public has not yet materialized.



A California city is launching the first US experiment in basic income — and residents will get $6,000 a year

October 20th, 2017 at 10:20 am » Comments Off

Stockton, California Mayor Michael Tubbs is leading the charge on a basic income experiment in his recovering town.



Authoritarian cryptocurrencies are coming

October 18th, 2017 at 10:55 am » Comments Off

Russia and China see a new way to completely control their financial systems.



IMF head forsees the end of banking and the triumph of cryptocurrency

October 7th, 2017 at 3:32 pm » Comments Off

In a remarkably frank talk at a Bank of England conference, the Managing Director of the International Monetary Fund has speculated that Bitcoin and cryptocurrency have as much of a future as the Internet itself. It could displace central banks, conventional banking, and challenge the monopoly of national monies.



The large parts of America left behind by today’s economy

October 2nd, 2017 at 9:33 am » Comments Off

Distressed Communities Index Economic prosperity is concentrated in America’s elite zip codes, but economic stability outside of those communities is rapidly deteriorating.



Expert predicts bitcoin will be worth up to $20000 in the next three years

August 29th, 2017 at 9:05 am » Comments Off

Bitcoin is on an ever-upward trend lately. Today, the world’s first and most popular cryptocurrency is flirting with $4,500 in valuation. Bitcoin is now more than three times more valuable than gold., and, according to one expert, Ronnie Moas of Standpoint Research, we are still only at the tip of the iceberg.



Wells Fargo closing 450 branches nationwide

July 31st, 2017 at 2:00 pm » Comments Off

Wells Fargo has started an initiative to cut expenses by $2 billion by the end of 2019 and that is done partially by eliminating 450 branches across the country. They originally operated the largest branch network in the United States, with almost 6,000 locations.



In Urban China, cash is rapidly becoming obsolete

July 23rd, 2017 at 2:36 pm » Comments Off

SHANGHAI — There is an audacious economic phenomenon happening in China. It has nothing to do with debt, infrastructure spending or the other major economic topics du jour. It has to do with cash — specifically, how China is systematically and rapidly doing away with paper money and coins.



162 Future Jobs square