Micro-payments between connected devices could enable a new layer of the economy

micropayments

Many of us now receive payments as well as make payments.

Ross Dawson: Last week I gave a keynote on The Future of Banking to a group of the most senior risk leaders in a major bank, sharing some provocative ideas on how the banking landscape may change in the years to come.

 

 

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Seven Reasons Why the Value of Human Life is Increasing Exponentially

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Futurist Thomas Frey: What’s the value of a human life?

For some of you this is a very disconcerting question because it attempts to put a dollar value on a person, something we value in far different ways.

 

 

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Establishing the Central Bank of Bitcoin

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Futurist Thomas Frey: The year is 2024. It seemed like a piece of nostalgia to open a new bank account and get a free toaster, but this wasn’t any ordinary toaster, and it certainly wasn’t any ordinary bank. The new Internet of Things Toaster was one of the coolest gadgets of all times, and the Global Bank of Bitcoin was a charter member of Bitcoin’s new Central Bank based in Luxembourg.

 

 

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There are now 83 (and counting) cryptocurrencies in the world

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In the cryptocurrency world, Bitcoin (and Litecoin) garner the most attention, but there are now 83 (and counting) virtual currencies to store your wealth in. Bitcoin’s market cap is over $10 billionis and is by far the highest but we wonder whether the miasma of mimiccers – from Unobtainium to the ironically-named StableCoin and from ‘Philospher Stones’ to HoboNickels – serves to reduce the confidence in Bitcoin as a new method payments, or bolsters it as the clear market winner.

 

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The Coming Collapse of Bitcoin?

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Futurist Thomas Frey: In 2008 the entire world was beginning to panic as our global financial systems teetered ever so close to total meltdown. Major banks were either failing or near failure and the entire house of cards seemed to be one 10 of clubs away from becoming a meaningless flat stack in the middle of the table.

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