I think we’ve entered The Exponential Age: an era where the digital and physical paths finally converge and everything is disrupted- for good.- Raoul Pal in realvision.com
Our brains are programmed to think linearly, and that’s the main reason we have so much difficulty picturing the exponential growth concept.
However, we can grab the example of Kodak to understand more straightforwardly the difference between linear and exponential phenomenon.
Kodak created the first digital camera in 1975. Yet, the company quit developing such innovative creations because it didn’t want to damage its monopoly in the photographic film business.
At that time…
Blessed are the meek, for they will possess the earth.(Matthew 5:5)
We want to believe life is going well, the economy is working smoothly until it doesn’t. Housing prices are going to the roof, cars are getting pricy, the stock market is at all times high, and the party goes on.
On the other hand, tech devices, clothes, and services are getting cheaper (especially online).
If technology is causing a deflationary movement, why are certain things getting more and more expensive?
It seems we have two worlds colliding with…
It’s the right thing to do. It’s time to reinvent capitalism post-coronavirus.- Doug McMillon, Walmart’s CEO
For most people, money history is a boring theme.
So rest assured, I won’t bother you with storytelling on how a native from a remote island exchanged goods with his neighbor.
Halfway there, you’d been asleep, anyway.
I will shorten the path and explain to you, in four points, how the world will turn upside down its entire monetary system.
If you know how to be on the right side, you’ll benefit first.
England needed money to defeat the French. In 1694 the British…
Have you ever watched the movie Ready Player One by Steven Spielberg?
Prepare yourself because this article will talk about strange concepts, virtual themes, digital ideas, and basically, how the future is being designed.
I’m 45 years old and I spend half of my life playing a strategy soccer game called Football Manager. Yet the digital world belongs to GenZ and there are currently 68 million citizens between 6 and 24 years old in the United States alone.
This generation of young kids is the first one born into a full digital era. We can add here also GenY, that…
As I keep writing about the blockchain and Bitcoin, I receive messages from readers saying emotional things about my thoughts. Some of them even call me offensive names.
I know this is a very emotional topic. Money turns people a little crueler when they discuss macroeconomic theories. And I’ve been bombed with some aggressive responses from some of my followers.
Yet, I read all my comments because I want to know what people think about my thoughts. I’m not always right, and for sure, I’m not a financial guru. Yet, even gurus make wrong assumptions about the future. …
Some investors have sold all Bitcoin to buy Ethereum; others are Bitcoin evangelists; some have both BTC and ETH and other cryptos.
The Crypto market works like the stock market. It’s an aggressive world of propaganda, with every believer fighting to justify that their bet is the right one.
There is a lot of subjectivity and faith in the projects where we allocate our money.
Understanding who’s behind each crypto isn’t exactly the reason why millions of people all over the world believe in Bitcoin. A simple 9-page white paper turned the financial world upside down.
In the blockchain market…
The estimated amount of money laundered globally in one year is 2–5% of global GDP, or $800 billion — $2 trillion in current US dollars. Due to the clandestine nature of money laundering, it is however difficult to estimate the total amount of money that goes through the laundering cycle.- unodc.org
I found that in 2009, the year that the Bitcoin was created, 80% of trade finance was conducted in USD. And a report estimated that in 2009, criminal proceeds…
Scott Harrison was born in the suburbs of New York City in a happy family until one day his mother collapsed on the bedroom floor. Harrison was four years old at that time, and his mother suffered from a carbon monoxide gas leak, and her immune system died that day.
She became allergic to everything, and she had to wear strange masks often connected to oxygen all the time.
After the poisoning, Scott Harrison had to help his father doing a little of everything at home. …
In 2004 I went to Cologne, Germany, to a conference. I knew he would be there to speak for thousands of other curious people and me. His way of explaining how our minds work, how the universe’s rules can affect us, and how we can thrive with the perfect mindset always made the difference.
When Jim Rohn took the stage, the audience applauds him for nearly five minutes. Then silence invaded the arena, and the unmistakable voice began with a question that left us all shuddering.
However, the Millennials to GenZ grew up in the Internet generation. They grew up thinking that power has to do with the network they’re engaged in. So for them, power is not vertical; it’s lateral.
For younger generations, power is being meshed network after network where they benefit each other, in an open-source philosophy.
Yet, the power of communities is arising; there’s no way out. The Internet…