How systems grow is fascinating, but how they can die and the limits of innovation should also be sobering.
“London doesn’t have room for everyone to take Uber; there simply isn’t enough space in the streets.”
From crypto to more conventional money transmission, fintech is empowering illicit transaction rather than constraining it.
A whopper of a post on why crypto fiat is not what it seems. TL;DR — there is an economic cost in expanding the central bank balance sheet to everyone, which is what crypto fiat is really all about.
All you need is faith, trust and a little Pixie Blockchain dust…
Bitcoin ironies du jour; Inequality illusions; Strange brands in your Instagram feed; Plus much, much more…
Why the US stock market is unique; How we’re all short sellers; The data Snapchat doesn’t want us to see; plus much, much more…
Oh no! We're sorry to hear this Mark. Please kindly DM us the email address and postcode on your account, in order for us to look into this further.-AW — Ocado (@Ocado) January 3, 2018
Visa has terminated its relationship with WaveCrest, a major processor of crypto prepaid cards, because of continued non-compliance with its operating rules.
The Ripple token XRP is soaring in value even though Ripple’s core business case doesn’t require a token. Go figure.
Social media is unsociable; The marketisation of education continues; A bitcoin fatwa; Plus much, much more …
Snapchat’s NYE party; Who monopolies favour; The bear case for Ripple; plus much, much more…
Because when in doubt, it’s always best to HODL!
It’s starting to look like a passive aggressive polka out of the European club, but looks can be deceiving.
Technocrats are not the solution; Digesting Trump’s tax plan; Buzzword capitalism is now a thing; Plus much, much more…
Because it’s not the moments of outsized upside that would cause the concern…
The economy is more bubbly than you think; Helium reserves are a thing; The darkside of Hackathons; Plus much, much more…
Land registry secrets; How the Soviet economy really worked; What’s going on with Russian banks; Plus much, much more…
When there’s no physical boundary to what you’re buying, there’s no limit to how badly mis-valued it can become.
The idea that bitcoin is an efficient payments system needs to be nipped in the bud. It’s not.
Catching up on the smartest bitcoin trade in town; Google’s true origin story; The history of agile computing; plus much, much more…
There’s a contango, but will it last?
Izabella Kaminska talks to crowd funded economist Steve Keen about the state of modern economics and whether or not a new Minskyite financial crisis is brewing in the economy.
Because with Bitcoin, fundamentals go out the window.
What if the bitcoin rally is a prelude to the execution of one of the most obvious arbitrages in the market?
It’s not just about the absurdity of the relative valuations in play, it’s about the shoddy market structure that’s enabling them all.
Extending life for a nickel; Gaming TripAdvisor; Ray Dalio’s thoughts on tax reform; Plus, much, much more.
When everyone is aligned on the view the future is all about non-human systems, that’s probably the best time to start hiring people.
Yes, a flattening yield curve can often indicate a recession is imminent. But not always.
Financial imperfections; imperfect economists; breaking up the tech giants; and more.
