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The dollar will be replaced by gold and cryptocurrency by 2040

May 16th, 2018 at 10:21 am » Comments Off

Fiat money will lose its significance to gold and the cryptocurrencies in the next twenty years, said Robert Kiyosaki, bestselling author of “Rich Dad Poor Dad” and his latest ,”Why The Rich Are Getting Richer.” The self-proclaimed gold bug is one of few investors to be bullish on both bitcoin and gold, noting that the […]



SEC decision on Ethereum cryptocurrency could affect others funded by ICOs

May 10th, 2018 at 9:28 am » Comments Off

The SEC is scrutinizing Ether, second only to bitcoin in value, to determine if it should be considered a security; the decision could affect other digital currencies launched through initial coin offerings. The second most valuable cryptocurrency behind bitcoin, Ethereum, is under regulatory scrutiny by the Securities and Exchange Commission (SEC), which is considering whether […]



This generation has a huge and growing student debt burden. It’s not who you think

May 5th, 2018 at 9:48 am » Comments Off

A recent analysis of American debt revealed a startling shift: Borrowers between the ages of 45 and 74 now owe more money in education-related debt, on average, than do younger college graduates. People under age 35 with student debt owe $32,900 on average, according to data from the Fed’s 2016 Survey of Consumer Finances. That […]



World’s first cryptocurrency bank opened in Singapore

April 30th, 2018 at 3:22 pm » Comments Off

The co-Founder of Nuo, Varun Deshpande announced on twitter that they are opening a bank in Singapore. This is not just a normal bank but a virtual bank for cryptocurrencies. He also stated that they will open an ATM for virtual digital money as well. They are also introducing a new technology- Advanced Robotic Account […]



Google futurist and director of engineering: Basic income will spread worldwide by the 2030s

April 19th, 2018 at 11:10 am » Comments Off

Basic income will be widespread by the 2030s, according to Google futurist and director of engineering Ray Kurzweil. Kurzweil is known for making seemingly wild predictions. In 2016, he predicted that by 2029, medical technology will add an extra year to human life expectancies on an annual basis.



Mastercard will support cryptocurrencies – as long as they’re backed by governments

March 27th, 2018 at 10:27 am » Comments Off

It seems Mastercard is gradually softening its stance on cryptocurrency, after CEO Ajay Banga downplayed non-government mandated digital currencies as “junk” back in October last year. In a conversation with Financial Times, Ari Sarkar, Mastercard co-president for the Asia-Pacific region, said the company is open to explore cryptocurrencies created and backed by governments.



Technology meant to make Bitcoin money again just went live

March 27th, 2018 at 10:15 am » Comments Off

The Future of Bitcoin It’s going to be big … or, not. A version of the technology that’s meant to make cryptocurrency payments faster and cheaper went live Thursday.



Experts May Have a Viable Alternative to Universal Basic Income

March 17th, 2018 at 8:19 am » Comments Off

At Brain Bar Budapest, a large hall that was plastered in dark and leafy plants struggled to hold a sea of attendees. The crowd gathered to watch Steve Fuller, author of Humanity 2.0 and the Auguste Comte Chair in Social Epistemology at Warwick University, debate Zoltán Pogátsa, a Hungarian political economist. The topic at hand? […]



How much money you have to earn to be considered rich in 42 major US cities

March 10th, 2018 at 12:17 pm » Comments Off

How much money it takes to be “rich” varies from city to city. About 20% of Americans are upper-income, or “rich,” meaning they earn at least two times the national median household income. The amount of money it takes to be considered rich is largest in San Jose, California.



China is ‘weaponizing capital’ — and it’s keeping the head of the US Navy awake at night

March 8th, 2018 at 10:18 am » Comments Off

China has pursued numerous commercial and infrastructure deals around the world in recent years. Critics see this as a Chinese effort to extent its influence abroad. These financial maneuvers are a source of concern for many — including the head of the US Navy.



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