United States
Historic Financial Institutions Cash Cow
To run a successful business, an enterprise needs a mix of business units that take a diversity of risk profiles. Some being focused on growth, while others are less-risky and generate a more or less constant streams of positive cash-flow (e.g. the Cash Cow). Historically banks and other financial services have relied on fees to…
Read MoreIn a couple years, watch a new Visa / MasterCard alternative launch
In a couple years, watch a new Visa alternative launch. The key ingredients are already here right now.. A distributed ledger. A tokenized currency, United States Dollar, and a payment processing vendor BitPay. The next piece that is coming will be to form an alternative to Visa / MasterCard with all of the benefits. …
Read MoreCFTC – Long-term view
This will take a generation to occur, but the transformation will occur. https://www.ccn.com/cryptocurrency-is-here-to-stay-cftc-chairman-giancarlo/
Read MoreBlockchains are great, but….
Blockchains are great… but when nations start to use them to circumvent sanctions… the end of the movie isn’t fun to watch. https://bcfocus.com/news/north-korea-attains-milestone-as-is-hold-first-international-blockchain-cryptocurrency-conference/21767/
Read More2008 financial crisis. Vote.
Originally published 12 Oct 2012 History may very well go down showing that this period of social / fiscal transition after the 2008 financial crisis (and even before) was a period not so much of conflict, disagreement, and mistrust between Democrats and Republicans failing to compromise, thereby leading to an almost dysfunctional legislative government, but…
Read MoreFinding something in common
In today’s world, politics have severely divided the United States along party lines. Republicans and Democrats both believe the other has a nefarious intent. While it is true that both sides see solutions in drastically different ways, we must find something in common at every turn to *not* allow our country to be torn apart.…
Read MoreVenezuela. Refugees. What is their future?
After reading the posts below, one can only start to fathom the immense challenges the entire region faces with more refugees than Syria. https://www.bloomberg.com/news/articles/2018-08-30/venezuela-s-neighbors-join-to-contain-crushing-flow-of-refugees https://www.reuters.com/article/us-cryptocurrency-venezuela-specialrepor/special-report-in-venezuela-new-cryptocurrency-is-nowhere-to-be-found-idUSKCN1LF15U New articles are showing how if 2013 a person had purchased $1 mm USD of Bolivars.. and then converted them back to USD at the beginning of this month, the…
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