Everything is being sucked into this new financial world, and you’ve got not to be left behind.
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…
An astonishing startup found the perfect network to make the shift.
Blessed are the meek, for they will possess the earth.(Matthew 5:5)
How can the meek survive when technology disruption steals most jobs?
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…
The Great Reset broke into 4 sections.
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.
1) How It Was Created The First Fake Money
England needed money to defeat the French. In 1694 the British…
Enabled by crypto, digitally native economies are quickly emerging.
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…
Don’t just listen to the short versions.
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. …
I wrote two articles last fifteen days, between good food, endless laughs with friends, and an awesome vibe with my family.
Algarve is a unique place.
Consistently good weather, excellent food, and it’s three hours from my hometown.
Last week I was in Amarante, in the north of Portugal. This week I went south, to Algarve, in a marvelous place called Salgados Beach. First, we rent an apartment in Armação de Pêra, a very dense urbanistic place, but then we go to some fantastic beaches around Armação, like Salgados Beach.
35 degrees Celsius, and the water at 22 degrees make all of us happy. Cool bars near the beach, with excellent cocktails. Not many tourists, but this time, the Portuguese came…
In Ethereum blockchain anyone can create a token (stock) and users transform themselves into new investors.
You can build software on top of Ethereum. You can issue a token (like a stock) and get your users to be your investors. No more venture vultures. No more begging. No more telling people who have no idea what your business does, and frankly, don’t care.- Tim Denning
In a cyclical way, debts are increasing all over the world.
The curious story of Amazon and Bitcoin.
If we would have an investment product that constantly protected us from volatility, we’d be much happier. But, unfortunately, the only entity that is trying to protect us from volatility for decades is the Federal Reserve, and as the records show, it hasn’t gone very well.
The Federal Reserve has been purchasing $80 billion a month in Treasury bonds and $40 billion in mortgage-backed securities to avoid volatility since June 2020 to keep…
How you behave is more important than what you know.
Finance is overwhelmingly taught as a math-based field, where you put data into a formula and the formula tells you what to do, and it’s assumed that you’ll just go do it.- Morgan Housel in The Psychology of Money: Timeless lessons on wealth, greed, and happiness.
Last month I sold one-third of my S&P500 ETF just because I started to watch Youtube videos about inflation.
Fear.
I thought I was a rock, but it happens I’m not…
In the north, people are harmer, landscapes are greener, and the food is superb.
Amarante is a small town in the north, thirty kilometers from the second larger city of Portugal, Porto.
Tamega river begins its course near Verín, Galicia, Spain, and flows into Douro river that stops its course in the city of Porto.
In my summer vacation I always spend one week in the north, and another week in the south. Last year we went to Geres, on the north border with Spain. This year we wanted to enjoy the beautiful river beaches that surround the wine-growing slopes of northern Portugal.
Northern cities are filled with iconic buildings, wine farms with history…
