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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.



Poised to overtake bitcoin this year, Ethereum is changing the way we think about cryptocurrency

July 17th, 2017 at 12:15 pm » Comments Off

Vitalik Buterin is the brains behind what some say is the next generation of bitcoin, called Ethereum.



How Apple’s iPhone changed the world: 10 years in 10 charts

June 26th, 2017 at 12:06 pm » Comments Off

Apple’s first iPhone was released 10 years ago this week — on June 29, 2007. While it wasn’t the first smartphone, it leapfrogged far beyond the competition and launched the mobile revolution. Few industries or societies have been left unchanged. Here are 10 charts that show some of the profound effects the iPhone-led — and […]



Cryptocurrency wars – Untraceable coins storming into top 10

May 21st, 2017 at 6:16 am » Comments Off

Bytecoin, an untraceable privacy-preserving cryptocurrency, has just seen an astronomical triple-digit percent surge in price. The cryptocurrency soared to the all time high market capitalization of $444,000,000, before calming down to around $300,000,000 and establishing itself at the top 10 cryptocurrencies by market capitalization at the time of writing (according to CoinMarketCap). A symbolic turning […]



7 laws that will have to change because of blockchain

May 16th, 2017 at 7:45 am » Comments Off

“Code is law,” as described in Lawrence Lessig’s book ‘Code and Other Laws of Cyberspace’, refers to the idea that computer code has progressively established itself as a predominant way to regulate behavior to the same degree as legal code. With the advent of blockchain technology, code is assuming an even stronger role in regulating […]



Entrepreneurs: How To Define Your Future In The Exponential Age

May 9th, 2017 at 10:00 am » Comments Off

Recently, I’ve been impressed by a vision of the future as shared by serial entrepreneur and CEO Udo Gollub. He has noted that what happened to Kodak will happen to many industries in the next 10 years. But most don’t see it coming. Did you think, in 1998, that 3 years later you would never take pictures on film or […]



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