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?
Continue reading… “Why your bank hates you for loving bitcoin”
Stockton, California Mayor Michael Tubbs is leading the charge on a basic income experiment in his recovering town.
Higher-education institutions are overspending on renovations and new facilities that they hope will boost enrollment, but experts say this plan could lead to financial crisis.
Continue reading… “Why colleges are borrowing billions”
WASHINGTON — Students who attended for-profit colleges were twice as likely or more to default on their loans than students who attended public schools, according to a federal study published Thursday.
Continue reading… “Study: over half of for-profit students defaulted on loans”
It is looking like a new era is coming for ICOs, at least those in China for now. In the U.S., the SEC has issued official warnings around the risks of ICOs, also known as token sales, but the Chinese government looks set to beat it to implementing regulation around the rapidly growing fundraising option.
Continue reading… “China has banned ICOs”
Jeff Bezos tweeted in June that he wanted short-term, high-impact ways to do social good.
An artificial intelligence platform put 46,000 suggestions to a vote, using a method inspired by how bees swarm.
Universal access to clean drinking water was the winner.
Continue reading… “A ‘human swarm’ has figured out where Jeff Bezos should donate his money”
After an investigation, the Securities and Exchange Commission has concluded that organizations offering or selling digital assets using blockchains or distributed ledgers may be subject to securities laws, depending on the circumstances. This includes “initial coin offerings” (ICOs), a recently popularized crowdfunding method by which an organization issues virtual currencies or tokens.
Continue reading… “SEC concludes that “initial coin offerings” may be securities”
Fortune convened some top cryptocurrency entrepreneurs, venture capitalists, bankers, and others to chat about the future of digital money at Fortune’s Brainstorm Tech conference in Aspen, Colo. last week. A select group met at the Aspen Institute for a breakfast roundtable discussion on Wednesday morning.
Continue reading… “7 cryptocurrency predictions from the experts”
Meanwhile, mobile payment apps are being adopted in smaller numbers
Continue reading… “P2P payment transactions to exceed $120 billion this year”
Visa has declared war on cash and its “opening salvo” is to start paying restaurants $10,000 to go completely cash free.
Continue reading… “The war in cash intensifies: Visa offers restaurants $10,000 to go cashless”
Vitalik Buterin is the brains behind what some say is the next generation of bitcoin, called Ethereum.
Amazon’s stock price has been on a tear over the last year, gaining 46%.
A Barclays equity research team led by Ross Sandler thinks that the party may just be getting started, initiating coverage of the stock with $1120 price target, or 29% upside.
In a flurry of notes released from their Internet & Media desk on March 29, Barclays picked Amazon as one of their favorites in the sector and made the case for the stock’s market cap to reach one trillion dollars.
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
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