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…

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In 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.  …

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CFTC – 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/

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Blockchains 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/

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2008 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…

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Finding 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.…

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Venezuela. 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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