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Bitcoin’s (BTC) return to sub-$50,000 levels has many market participants fretting over the legitimacy of their favorite price models. For venture capitalists and other smart money investors, the latest decline is nothing but noise. Instead, they see the emergence of an entirely new economy that is transforming business, redefining monetary
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Vancouver, British Columbia - December 7, 2021 - WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF)(the "Company" or "WonderFi") today announced the launch of "Money Goals", a financial literacy initiative in partnership with Animal Capital and Josh Richards, focused on Gen Z. Money Goals was created after Animal Capital founders Josh Richards and Marshall
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Yes, it’s a Ponzi scheme. But who cares? So are the dollars in your pocket.If you haven’t heard about it, Olympus DAO is a decentralized finance (DeFi) protocol whose primary use case seems to be “making people extremely angry.” Skeptics argue that its core functionality – a staking scheme currently
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The Royal United Services Institute (RUSI), the British defense and security think tank, questions whether or not non-fungible token (NFT) assets can be used for money laundering purposes. The report determines that in order to mitigate the money laundering risks a ‘know your customer’ monitoring system “needs to be implemented.” RUSI:
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As money gets faster, and especially in the kind of loose monetary environment we’re in now, the analyst is increasingly left in the dust. In his place, decisions both by investors and allocators (VCs) will increasingly be based on what you might call “money vibes.” The power of memes and
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This episode is sponsored by NYDIG.Download this episodeAs part of CryptoX’s Future of Money week, they asked some of crypto’s biggest brains for their predictions on the future of money. In today’s episode, NLW goes one by one through those predictions, saying whether he agrees or disagrees and why.Read the
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The excellent collection of essays compiled for CryptoX’s Future of Money Week began with a perfect summation of where money is going by podcaster Laura Shin: “It’s going to get a lot weirder.”Having just spent a few days in the madhouse of the non-fungible token (NFT) scene at a series
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In the future, card networks will migrate their porn rules over to all sites that host user-generated material. Youtube, Rumble, Twitter, Facebook, not to mention countless smaller sites will be required to verify the identities of their users and set up real-time content moderation, or be cut off from the
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The Khan’s currency united all the stories about money because the Khan wielded all the coercive power. But the reverse is also true: He wielded all the coercive power because he united all the stories about money. Today, when we try to conjure one money to rule them all, we
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A common story we are told is that money arises from the insufficiency of barter. Known as the “double coincidence of wants” problem, it is said barter was too limiting and a more flexible medium of exchange was needed. According to anthropologist David Graeber in his book, “Debt: The First
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