Brock Pierce inside the former Children’s Museum in Old San Juan, P.R., which he and his colleagues hope to make part of a crypto utopia where the money is virtual and the contracts are all public.
Rising prices are more of a threat to the global economy this year than joblessness, according to Bloomberg’s Misery Index, which sums inflation and unemployment outlooks for 66 economies.
Venezuela, South Africa seen as world’s unhappiest economies
Thailand, Singapore remain ‘least miserable’ in rankings
The foreclosure crisis dumped a lot of high earners who have traditionally bought homes into the rental market.
Rapidly rebounding housing markets, with skyrocketing home prices in big cities, kept them there. Now the number of renters has reached a plateau, and it could be about to fall.
More than eight years since the birth of bitcoin, central banks around the world are increasingly recognizing the potential upsides and downsides of digital currencies.
Japan has risen above the U.S. in the worldwide rankings for the largest bitcoinexchange market. The country now accounts for roughly 48 percent of the global market share, reaching a high of 51 percent over the weekend.
Today’s artificial intelligence (AI), most experts will agree, is still far from what’s called a general AI — one that can perform any task human beings are capable of. Yet, despite limitations, AIs have become rather powerful — at least enough to beat human beings in their own games, or even to take over performing certain tasks in a number of industries. In Canada, AI is gearing up for a new role: Horizons ETFs Management, Inc. is preparing to launch the Horizons Active A.I. Global Equity ETF on November 1.
With the cryptocurrency market cap now estimated to be in the hundreds of billions of dollars and a sort of familiar frenzy kicking into overdrive, here’s another reminder that widespread adoption by the U.S. public has not yet materialized.
As technology overtakes every industry, the business forecast for jobs like typists, watch repairers, and postal workers over the next decade is bleak, according to a Bloomberg report citing Labor Department data.
Bitcoin has been around since 2009, but it really wasn’t until recently that it finally hit the mainstream consciousness of investors and the general public. As of this writing 1 bitcoin is now worth over $5,600 USD. And its meteoric rise doesn’t look to be abating any time soon. Its potential to reshape how we understand and use money is real. But the big question is why are banks and governments so steadfastly against it?