Will Bitcoin become a policy issue for the U.S. Congress?

congress

Digital currency may soon become an issue that could unite US politicians.

Recent US Congresses have been some of the least productive in the country’s history, and the 113th Congress has been no different. The sheer number of policy-related issues tabled since January 2013 has put the current Congress on pace to become the least productive in the nation’s history, rivaling the 112th Congress in how few laws it could ultimately pass.

 

 

Continue reading… “Will Bitcoin become a policy issue for the U.S. Congress?”

Sweden is close to being the first country in the world to eliminate cash

sweden cash-free

It could take up to the year 2030 for physical money to disappear from Sweden’s system altogether.

Four out of five purchases in Sweden are paid for electronically or by card according to a new report from the Swedish news organization, The Local. They also report that Swedes are using electronic payments 260 times per person, per year.

 

 

Continue reading… “Sweden is close to being the first country in the world to eliminate cash”

Bitcoin isn’t just for anarchists and libertarians anymore

Bitcoin

Consumers are embracing the digital currency even though the value of Bitcoin has fallen 55% against the dollar.

Earlier this year Mary Fons joined the Bitcoin economy. She uses the digital currency to buy gift cards and office supplies. Her partner reimburses her with Bitcoin for his portion of the rent. Thirty-five year old Fons isn’t a nerd or a self-proclaimed libertarian like many of the currency’s early adopters. She lives in New York and co-hosts the Love of Quilting show on public television. “Why Bitcoin?” she asks. “Because I want to have options. I think it’s a beautiful thing open to everyone.”

 

 

Continue reading… “Bitcoin isn’t just for anarchists and libertarians anymore”

1 in 4 Millennials trust ‘no one’ when it comes to advice about money

pennies-money

39 percent of millennials worry about their financial future at least once a week or more.

When it comes to information about financial matters, about a third of millennials trust their parents most, but nearly one in four say they trust “no one” when it comes to advice about money, according to Fidelity Investments.

 

 

Continue reading… “1 in 4 Millennials trust ‘no one’ when it comes to advice about money”

Chuck Feeney, an unconventional billionaire who is revolutionizing philanthropy by closing his foundation

chuck feeney

Chuck Feeney

Chuck Feeney is a self-made billionaire who is an extreme philanthropist. He believes that charity shouldn’t go on forever and his fellow billionaires, from newly minted Silicon Valley entrepreneurs to Bill Gates and Warren Buffett, are learning from his example.

Continue reading… “Chuck Feeney, an unconventional billionaire who is revolutionizing philanthropy by closing his foundation”

Why managing cashflow is critical for the survival of your startup

burningmoney

Managing cashflow and burn rate is more critical to your business success than having the right idea and the right product.

A basic survival metric for every startup is cashflow. Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall. Don’t wait until you are almost out of cash before managing every dollar spent, or looking for the next refueling from investors. Desperate entrepreneurs lose their leverage and die young.

 

 

Continue reading… “Why managing cashflow is critical for the survival of your startup”

Do states with no income tax save residents money?

no state taxes

A state might have no income tax, but it might make up for that through other taxes.

If you’re thinking about moving to a new location, it’s reasonable to seek out spots that might cost you less. Thus many people turn to states with no income tax. However, there’s more to the picture than income taxes.

 

 

Continue reading… “Do states with no income tax save residents money?”

Crowdfunding will provide $65B to boost the 2014 global economy

crowdfunding money

A new law will allow entrepreneurs to equity crowdfund from anyone with the cash and the interest.

Crowdfunding is really big and it’s only going to get a whole lot bigger.  If you’ve been skeptical of all the crowdfunding buzz, consider this: By the end of 2014, crowdfunding is estimated to add at least 270,000 jobs and inject more than $65 billion into the global economy, according to estimates from crowdfunding platform Fundable. (Infographic)

 

 

Continue reading… “Crowdfunding will provide $65B to boost the 2014 global economy”

Discover the Hidden Patterns of Tomorrow with Futurist Thomas Frey
Unlock Your Potential, Ignite Your Success.

By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.

Learn More about this exciting program.