Skip to main content

Bitcoin tells us nothing about the long term

xxx

"Technology is changing every industry and it is impossible for me to believe it won’t change our financial system. That’s particularly true because our current system—while stable—is imperfect. Cryptocurrencies can be more secure and more efficient to exchange. They can be inflation-proof and are easier to settle and easier to interoperate. "

From "Start Up: China’s LinkedIn friends, notching Huawei?, gender pay improbability, bitcoin redux, and more | The Overspill: when there's more that I want to say".

xxx

xxx

"While certainly a disruptive idea, evolving our current financial system to take advantage of cryptocurrencies is not a crazy one."

From "Start Up: China’s LinkedIn friends, notching Huawei?, gender pay improbability, bitcoin redux, and more | The Overspill: when there's more that I want to say".

xxx

Comments

Post a Comment

Popular posts from this blog

Euro area card payments double in a decade

xxx "The number of card payments in the euro area have more than doubled in a decade as consumers increasingly dispense with the hassle of carrying notes and coins, according to the latest statistics from the European Central Bank. In 2018, card payments accounted for almost half of the total number of non-cash payments across the single-currency area. Credit transfers and direct debits were the second and third most common non-cash payment methods, accounting for approximately 23% each, while e-money and cheques together made up around seven percent. However, the relative popularity of each type of payment service still varies widely across euro area countries. In 2018 card payments accounted for just over 70% of all non‑cash payments in Portugal, compared with around 23% in Germany. The stats show that the number of card payments made by consumers and businesses has more than doubled in the last decade, with an average of 121 card payments per capita in 2018, compared with
Post a Comment
Read more