It is a well-worn small business strategy: Pose as a {} disruptor and all of the obligations which place back incumbents. Frequently the playbook entails identifying as a tech firm. For decades, Mark Zuckerberg insisted Facebook has been a media firm ; because of this, it did not need to comply with this business’s rules. […]
Tag: The Ledger
Moon time for fundamental bank electronic currencies? ‘We are believers,’ states Mastercard’s CEO
Bitcoin’s star was rising recently. The pioneering cryptocurrency bottomed {} $5,000 in the start of the outbreak in March, yet this week traded over $13,800. Attempting to market those movements is growing corporate bullishness on cryptocurrency–according to Square’s current $50 million Bitcoin purchase and a week’s statement that PayPal provides Bitcoin along with other crypto […]
Digital banks: Contain, product or company?
Superior morning, Ledger readers. I have been considering a query widely used in Silicon Valley investor circles a couple of years ago –“Are you currently a trait, product or company?” –and how it may apply to this glut of so-called challenger banks competing for U.S. clients. Challenger banks–some call them electronic banks neobanks–took {} years […]
Can electronic money live contact with its own opponents?
The core principle driving the rise of cryptocurrency has stayed unchanged from Bitcoin founder Satoshi Nakamoto to now ’s contractors: To paraphrase the assignment statement of people blockchain lobbying team CoinCenter, individual liberty, privacy, and liberty won’t survive the 21st century without some kind of electronic money. Money here doesn’t imply only paper cash, however […]
Upstart Aave reveals DeFi fantasies are for real.
Protests. Wildfires. Pandemic. A presidential elections. In such hectic times, it can be tough to stay informed about this far-out frontiers of both all”fintech.” Yet despite this manic news habit, the groundwork has been laid for another monetary fact. So much invention is afoot. The burgeoning world of property financing, or”DeFi,” because its professionals dub […]