BITCOIN CONQUERS PRICE BARRIER, PASSES $700 USD FOR FIRST TIME SINCE JUNESteven Rhyner
Were you watching it? I was watching it all day long. Like Clark Kent ready to tear off his suit and turn into Superman, Bitcoin price was bursting at the seams to show what it could do but kept running into major resistance at about $690.
The concept of money - My Money Week PresentationGabriel DOMBRI
A presentation on the concept and history of money delivered for the students in the International School of Cluj, as a part of the activities in My Money Week event. Burcash was the main partner in personal finance education.
BITCOIN CONQUERS PRICE BARRIER, PASSES $700 USD FOR FIRST TIME SINCE JUNESteven Rhyner
Were you watching it? I was watching it all day long. Like Clark Kent ready to tear off his suit and turn into Superman, Bitcoin price was bursting at the seams to show what it could do but kept running into major resistance at about $690.
The concept of money - My Money Week PresentationGabriel DOMBRI
A presentation on the concept and history of money delivered for the students in the International School of Cluj, as a part of the activities in My Money Week event. Burcash was the main partner in personal finance education.
CHINESE EXCHANGE: FX CONTROLS IMPACT WILL BE LIMITEDSteven Rhyner
China has stepped up yet another round of capital controls. It's central bank has just suspended some foreign exchange related services of several foreign banks.
FIVE THINGS EVERY INVESTOR SHOULD KNOW ABOUT BITCOINSteven Rhyner
{Amid|Amidst|In the middle of} {global|worldwide|international} {economic|financial} instability {and|as well as|and also} {financial|monetary|economic} {crisis|dilemma|situation}, {investors|financiers|capitalists} are {becoming|ending up being|coming to be} {increasingly|progressively|significantly} {aware of|familiar with|knowledgeable about} Bitcoin {and|as well as|and also} its {advantages|benefits} over {traditional|conventional|standard|typical} {forms|types|kinds} of {assets|possessions|properties} {and|as well as|and also} {money|cash|loan}.
What are the stability risks of different types of Stablecoins and how can they be simulated? It includes an introduction to stablecoins, what the major risk factors are, and how to create a simulation.
This talk was originally given at DeFi Summit May 2, 2020 by Dr. Markus Franke from cLabs (celo.org).
Teamsteverhyner.com bitcoins present bubble might actually be the beginning o...Steven Rhyner
Bitcoin's {enthusiasts|lovers|fanatics} are torn {between|in between} whether to {celebrate|commemorate} Bitcoin's arrival in the foothills of mass {adoption|fostering}, or to lament the upcoming {burst|ruptured} that {always|constantly} {happens with|occurs with} {asset|possession|property} bubbles.
I’m a young Pakistani Blogger, Academic Writer, Freelancer, Quaidian & MPhil Scholar, Quote Lover, Co-Founder at Essar Student Fund & Blueprism Academia, belonging from Mehdiabad, Skardu, Gilgit Baltistan, Pakistan.
I am an academic writer & freelancer! I can work on Research Paper, Thesis Writing, Academic Research, Research Project, Proposals, Assignments, Business Plans, and Case study research.
Expertise:
Management Sciences, Business Management, Marketing, HRM, Banking, Business Marketing, Corporate Finance, International Business Management
For Order Online:
Whatsapp: +923452502478
Portfolio Link: https://blueprismacademia.wordpress.com/
Email: arguni.hasnain@gmail.com
Follow Me:
Linkedin: arguni_hasnain
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Facebook: arguni.hasnain
"Modern Money Mechanics" was a booklet published and distributed by the Federal Reserve Bank of Chicago, originally written by Dorothy M. Nichols in May 1961. Described as a "workbook on bank reserves and deposit expansion", the text offers a detailed description of the basic process of money creation in a fractional reserve banking system. The approach taken illustrates the changes in bank balance sheets that occur when deposits in banks change as a result of monetary action by the Federal Reserve System.
The booklet is now out of print.
Key Insights from the World’s Largest Blockchain ConferenceAlgorand
Consensus 2018 is the world's largest blockchain conference, which brought in over 8,500 attendees, 250 speakers and 200 booths of players from all over the blockchain-sphere.
This presentation is an attempt to distill some of the key insights from the conference, covering blockchain and crypto trends, industry, people, panels and additional observations.
You can read a blog post elaborating on the same topic on Medium: https://medium.com/@Ozery/9-key-insights-from-the-worlds-largest-blockchain-conference-692d117c364c
And find me on Twitter: @ozery
Banks offer various types of instruments through which the financial transactions can take place which are negotiable and nonnegotiable banking instruments.
CHINESE EXCHANGE: FX CONTROLS IMPACT WILL BE LIMITEDSteven Rhyner
China has stepped up yet another round of capital controls. It's central bank has just suspended some foreign exchange related services of several foreign banks.
FIVE THINGS EVERY INVESTOR SHOULD KNOW ABOUT BITCOINSteven Rhyner
{Amid|Amidst|In the middle of} {global|worldwide|international} {economic|financial} instability {and|as well as|and also} {financial|monetary|economic} {crisis|dilemma|situation}, {investors|financiers|capitalists} are {becoming|ending up being|coming to be} {increasingly|progressively|significantly} {aware of|familiar with|knowledgeable about} Bitcoin {and|as well as|and also} its {advantages|benefits} over {traditional|conventional|standard|typical} {forms|types|kinds} of {assets|possessions|properties} {and|as well as|and also} {money|cash|loan}.
What are the stability risks of different types of Stablecoins and how can they be simulated? It includes an introduction to stablecoins, what the major risk factors are, and how to create a simulation.
This talk was originally given at DeFi Summit May 2, 2020 by Dr. Markus Franke from cLabs (celo.org).
Teamsteverhyner.com bitcoins present bubble might actually be the beginning o...Steven Rhyner
Bitcoin's {enthusiasts|lovers|fanatics} are torn {between|in between} whether to {celebrate|commemorate} Bitcoin's arrival in the foothills of mass {adoption|fostering}, or to lament the upcoming {burst|ruptured} that {always|constantly} {happens with|occurs with} {asset|possession|property} bubbles.
I’m a young Pakistani Blogger, Academic Writer, Freelancer, Quaidian & MPhil Scholar, Quote Lover, Co-Founder at Essar Student Fund & Blueprism Academia, belonging from Mehdiabad, Skardu, Gilgit Baltistan, Pakistan.
I am an academic writer & freelancer! I can work on Research Paper, Thesis Writing, Academic Research, Research Project, Proposals, Assignments, Business Plans, and Case study research.
Expertise:
Management Sciences, Business Management, Marketing, HRM, Banking, Business Marketing, Corporate Finance, International Business Management
For Order Online:
Whatsapp: +923452502478
Portfolio Link: https://blueprismacademia.wordpress.com/
Email: arguni.hasnain@gmail.com
Follow Me:
Linkedin: arguni_hasnain
Instagram : arguni.hasnain
Facebook: arguni.hasnain
"Modern Money Mechanics" was a booklet published and distributed by the Federal Reserve Bank of Chicago, originally written by Dorothy M. Nichols in May 1961. Described as a "workbook on bank reserves and deposit expansion", the text offers a detailed description of the basic process of money creation in a fractional reserve banking system. The approach taken illustrates the changes in bank balance sheets that occur when deposits in banks change as a result of monetary action by the Federal Reserve System.
The booklet is now out of print.
Key Insights from the World’s Largest Blockchain ConferenceAlgorand
Consensus 2018 is the world's largest blockchain conference, which brought in over 8,500 attendees, 250 speakers and 200 booths of players from all over the blockchain-sphere.
This presentation is an attempt to distill some of the key insights from the conference, covering blockchain and crypto trends, industry, people, panels and additional observations.
You can read a blog post elaborating on the same topic on Medium: https://medium.com/@Ozery/9-key-insights-from-the-worlds-largest-blockchain-conference-692d117c364c
And find me on Twitter: @ozery
Banks offer various types of instruments through which the financial transactions can take place which are negotiable and nonnegotiable banking instruments.
The Six Highest Performing B2B Blog Post FormatsBarry Feldman
If your B2B blogging goals include earning social media shares and backlinks to boost your search rankings, this infographic lists the size best approaches.
Each technological age has been marked by a shift in how the industrial platform enables companies to rethink their business processes and create wealth. In the talk I argue that we are limiting our view of what this next industrial/digital age can offer because of how we read, measure and through that perceive the world (how we cherry pick data). Companies are locked in metrics and quantitative measures, data that can fit into a spreadsheet. And by that they see the digital transformation merely as an efficiency tool to the fossil fuel age. But we need to stretch further…
A dive into understanding the nature of Bitcoin as a monetary good. Based mostly on the article by Vijay Boyapati - The Bullish Case for Bitcoin
Inflation schedule of Bitcoin
Value of Monetary Goods
Origins of Money
Attributes of good store of value
Evolution of money
Monetary premium
Bitcoin's value
Gartner cycles
Transition to a medium of exchange
Misconceptions and risks of Bitcoin
How Is the Price of Bitcoins Set and how does it have value ever wondered.pdfcoingabbar
Demand and supply are two words that come to mind. When demand for bitcoins increases, the price rises, and when demand decreases, the price falls. As a result, Bitcoin's price reflects how much individuals are ready to pay for it at any particular time, depending on their expectations for...
The price of bitcoin is determined by two factors: demand and supply. When demand for bitcoins increases, the price rises, and when demand decreases, the price falls.Bitcoin's price reflects how much people are ready to pay for it at a given point in time based on their predictions for its future worth.It's the same as any other currency's price, whether fiat money or cryptocurrency.
Since Bitcoin is still young and its market capitalization is small compared to the fiat giants like the INR and US dollar or the euro, its price is still very volatile. It’s expected to become less volatile when the market matures. However, the fun part about it is no one knows when that will happen, as it may be in five, ten or twenty years into the future.
A cursory examination of the history of money demonstrates that it had worth as long as people agreed it did. Faith, in essence, is what makes money function. Bartering was employed initially until it got too cumbersome. They began trading goods for items like shells and pebbles, followed by diamonds and rare metals.
They were superseded in recent centuries by government-issued money, which is today the most generally acknowledged form of cash.Fungibility, scarcity, and uncounterfeitability have always been characteristics of money as it has evolved. Furthermore, individuals have discovered that using currencies that are easily portable, stable, and divisible is more convenient.
Recognizability: Bitcoin is being recognised and accepted by an increasing number of retailers and users.Many individuals identify Bitcoin from non-currency or other counterfeit money and are prepared to accept it as a form of payment, despite the fact that it is still far from the degree of popularity seen with fiat currencies.
Decentralization: Bitcoin is overseen by no single authority. No one can censor, manipulate, or modify the network or its transactions, unlike traditional money, therefore no one can take your money.
Accessibility: To possess or receive Bitcoins, you don't need a confirmed bank account. All you need is a basic understanding of computers and access to the internet. The accessibility of Bitcoin makes it ideal for underbanked places throughout the world.
Programmability: Unlike traditional money, Bitcoin also has a programmability component. It means that Bitcoin will be updated in the future and will have even more useful features like smart contracts, multi-sig transactions, and so on.
Stability is a safe haven for money. Bitcoin price stability is the one element that is currently needed. Bitcoin is treated more like a commodity, such as gold, because to its volatility.
Money, Medium of Exchange, Unit of Account, Deferred Payment, Types of Money, Commodity Money, Full-bodied Money, Paper Money, Fiat Money, Fiat Money: token coins, Check-able Deposits, Physical Properties of Money,
Bitcoin - a type of cryptocurrency is recently developed and is in trend. It has the capacity to become the future of the markets. With more types of currency coming up like bitcoin, it definitely means that it has huge potential in itself.
Starting from how money has evolved since the beginning and how it is continuing in the current times.
Including the characteristics and functions of Money
Lecture 2 for the MIT MediaLab Future Commerce course, delivered in Boston, MA on Sept. 20, 2016. In this talk, I discuss the Future of Money and how new technology like digital currencies and P2P finance innovations like bitcoin are going to change the very nature of money. We explore why money exists, the role it plays in our society, and how it shapes the way we interact with marketplace, markets, and financial infrastructure. We then outline opportunities to disrupt money itself with bitcoin and blockchain technology, and how entrepreneurs in the DCG portfolio are slowly changing the Future of Money.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
1. Past and future of money and
currencies
Luca Bertagnolio
E: luca@berta.com
T: @lucaberta
Bitcoin Meetup Geneva - 2014-11-19
2. Money or currency
● I've searched around and there seems to be
quite a lot of confusion on the actual meaning
of these two words
● In a lot of cases they are considered to be
synonym
● Let's consider them synonyms for now
3. The 3 main functions of a currency
● Every currency has 3 main functions:
1.Medium of exchange
2.Unit of account
3.Store of value
●No currency is perfect on all 3 qualities, each
one has tradeoffs
4. The 4 types of currencies
● Currencies can be categorized by:
– Being commodity based OR fiat
– Being issued privately OR by a government
Commodity
based Fiat
Privately
issued IOUs Bitcoin
Government
issued
Gold standard
notes
Most “modern”
currencies
5. Medium of exchange
● Is a more efficient way to exchange products
and services compared to barter
● It is an intermediary between parties in a trade
● A good medium of exchange should satisfy
some specific qualities to be mutually accepted
6. Qualities of a medium of exchange
● Durability: metals/gems vs grain/tobacco
● Transportability: paper vs metals
● Divisibility: metals vs cattle/grains
● Non-counterfaitability: paper vs gold
● Fungibility: shells vs coins vs bullion vs gems
8. Unit of account
● A standard measurement of the value of goods
● Allows for comparison of goods
● Preferably a stable unit of measure, but if an
inflationary currency is used, over time the
value will change
● Can be the same as the medium of exchange,
but there are cases in which prices are set in
one currency, and settled with another one
9. Store of value
● A way to save wealth today, and retrieve it in the future
● Supply and demand are the drivers of the value
● Not only typical of currencies, but of assets in general
● Examples of store of values are:
– Gold, silver, diamonds, art
– Real estate
– Reserve currencies, stocks, bonds
10. The case of the stones of Rai (1/2)
● In the island of Yap in Micronesia, large circular
stones have been used as money
● Since these are large
and heavy, and thus fail
on the transportability
aspect, how could they
be used as money?
11. The case of the stones of Rai (2/2)
● The stones did not need to be moved, but were rather used
as “tokens” during transactions
● If a stone was to be transferred to someone else, all that was
needed was recording this fact into a “public ledger” which
was shared verbally between all the participants in this market
● Thus the stones were effectively a store of value, and so
would qualify as money due to the network effect
● This is precisely the reason why Bitcoin can be considered
money too, since the block chain is a public ledger
12. Why does Bitcoin have value?
● Main reasons:
– It's based on a trusted public ledger
– It does not suffer from debasing like fiat currencies
– Supply is fixed and slowly increasing
– Demand is growing rapidly
● There is a powerful network effect and this
creates a market which goes beyond borders,
for the very first time, thanks to the Internet
13. Money or currency, take two
● My view is that the real difference between
currency and money lies in the store of value
● Most modern fiat currencies would not qualify
as money, since they are a terrible store of
value given how the rate of inflation and money
printing is affecting the supply
14. Is Bitcoin currency or money?
● Bitcoin is a private currency, but is not backed
by any physical asset, so it is fiat in nature
● But since it is not coined by a government, and
its supply is limited to 21 million BTCs, it can be
a solid long term store of value unlike common
fiat currencies
● In my view, this qualifies Bitcoin as money
15. Risks of Bitcoin as money
● Bitcoin is very recent, while gold has been around
for thousands of years
● In case of network issues, no new transactions
can be made, but the current blocks remain valid
● The Bitcoin network could be infiltrated and
disturbed by those who don't like to see it
succeed, and this would drive the value down
● The worst case would be an attack from a crypto
standpoint, but the Bitcoin code is always being
studied to improve it and avoid such issues
16. Sources of information
● A good amount of information comes from the
University of Nicosia free MOOC on Digital
Currencies, Lesson 1 “(Brief) History of money”
http://digitalcurrency.unic.ac.cy/free-introductory-mooc
● All images come from Wikipedia and are
licensed under Public domain via Wikimedia
Commons
https://commons.wikimedia.org/wiki/Main_Page