“Able to monetize assets that we currently have, that we can’t earn money from now” :
- unused airline miles
Singapore airline blockchain loyalty program
- time and attention you give to an AD
$BAT
- spare disk storage
$STORJ
- idle compute cycles
$GNT
TED talks cc: @laurashin
Currencies around the world are failing because humans can’t help but print more money.
Good thing we have a deflationary alternative built on code and math.
$TUBE is already one of the most successful #crypto platforms to be released of all time.
As it’s economy grows, I see https://t.co/ZY02zmVIR0 as one of the crypto behemoths in the years ahead.
Tube will render #YouTube the blockbuster of this decade.
Seinfeld owning a crypto exchange:
I keep hearing about KYC, you know KYC? Know Your Customer. What's the big deal with knowing your customers? Who wants to get to know these people? It's so personal. Just let them be. Some of these people, I'd prefer not to know.
7/ "and people can panic when things change" - Correction: - YOU panic when things change. The change you refer to might actually usher in an era of equality and stability for the next hundred years. Unfortunately, you and your fractured system will have to crumble or adapt first
"I don't want to scare the public, but we've never had QE (Quantitative Easing)," Jamie Dimon said. "We've never had the reversal. Regulations are different. Monetary transmission is different. Governments have borrowed too much debt, and people can panic when things change."
6/ start selling off the treasury notes which is a catalyst for the ultimate fear of global recession because the world's "most powerful economy" is actually running on fumes.
5/ "Governments have borrowed too much debt" - Yeah that's a pretty huge problem, almost as big as printing more money to repay that same debt and diluting everyone's hard-earned wealth in the process. What happens next is the other countries notice how diluted the wealth is and
4/ "Monetary transmission is different" - what a statement. You've come to realize that digital transfer of money and value is actually a paradigm shifting factor in the global economy. Well done to you @jpmorgan
3/ Like starting a sentence with "no offence but..", there's no better way to worry the an entire economy by starting your statement with, "I don't want to scare the public, but.."
2/ To Jamie - when you spoke negatively about bitcoin and crypto I gave no credence to your opinion because you're simply not an authority on decentralized, trustless systems. But as a banker I certainly value your opinion on our economy.