Grid

Fifteen years ago, I had a presentation entitled All Bankers Are Criminals. It’s a great title, and was basically all about corruption in the City and how to stop it. Corruption takes place every day. Just as criminals and cybercriminals are trying to steal the money, so are employees and partners. These are the things…

Although the comments were made in April, I only just found this article about Peter Thiel’s presentation at the Miami bitcoin conference. Peter Thiel is a billionaire friend of Elon Musk, who both founded PayPal. Peter’s more behind the scenes investing these days, with SpaceX and Stripe amongst his key holdings as well as a…

The main blog discussions this week include … Sell when everyone is buying; buy when everyone is selling The world has reached a bit of a weird place. For years, the only way was up. Suddenly, it all seems like it is down. In fact, it seems to have gone off the rails and, in…

The world has reached a bit of a weird place. For years, the only way was up. Suddenly, it all seems like it is down. In fact, it seems to have gone off the rails and, in the classic phraseology stop the world, I want to get off. When times are good, markets are going…

I listened to the new British Prime Minister, Liz Truss, speaking at her Conservative Party conference. She mentioned “growth” 29 times. I know what it is like to live somewhere that isn’t feeling the benefits of economic growth … Low growth isn’t just numbers on a spreadsheet. Low growth means lower wages, fewer opportunities and…

The BBC just shared a report about Cruise, a self-driving company that has launched a commercial taxi service in San Francisco. The driverless future is here today. It made me reflect on where we are at. Where we are at is at a juncture where most menial tasks will be run by software. Taxi rides,…

I picked up a great quote the other day: “Money isn’t about value … it’s about values”. It resonates with my own tagline for the last book (Digital for Good) which is: “Stand for something or you will fall”. The point of the latter is: What is the purpose of your life and work? The…

I’ve been talking a lot about DeFi, CeFi and HyFi, and someone said: what about ReFi? ReFi? What’s that? Well, ReFi is all about Regenerative Finance, a system to rebuild Earth. Therefore, having shined a light on Gail Bradbrook’s thinking (she’s co-founder of Extinction Rebellion) for the last months, I’m pleased to introduce you to…

The main blog discussions this week include … CeFi, DeFi? No, it’s HyFi with WiFi! Growing up hi-fi was High Fidelity, the best way to hear music. In 2022, HyFi is hybrid finance, the best way to use money. HyFi combines CeFi with DeFi. I don’t believe you can just have one. DeFi works for…

Part of my network, Jim Richards posted an update on LinkedIn the other day which was measured and interesting. Jim is former Executive Vice-President of Financial Crimes at Wells Fargo, and knows a thing or two about the way banks work. I asked if I could share his post here, and Jim said yes, so,…