Bitcoin will go far beyond payments in the future

bitcoins

Bitcoin and other digital currencies have captured the attention of the media, entrepreneurs, and regulators. The coverage has described exchange meltdowns, price volatility, and government crackdowns. However, the focus on Bitcoin as a currency may distract businesses and governments from its disruptive impact: as a technology.

 

 

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Doctors Ask Patients to Sign ‘Pain Contracts’ to Get Painkillers

pain contracts

Many highly effective, these drugs are dangerous and addictive.

Chronic pain — the kind that lasts for months or recurs regularly – afflicts more than a quarter of adult Americans. Treating pain can be extremely challenging, however, in part because it can’t be measured with instruments. It’s in the eye — or neck or joint — of the beholder.

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Western Nations Matching China’s Financial Strategy to Win Contracts

china-usa-currency

Western nations matching China’s low-cost financing – below-market interest rates.

When General Electric approached the U.S. Export-Import Bank in 2009 wanting to sell 150 locomotives for $477 million to Pakistan, there was a sense of futility. GE had already lost an earlier bid to a Chinese firm. Why would Pakistan buy American-made locomotives this time?

 

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