Welcome to (another) crypto meltdown
As a guy who has invested a little in cryptocurrencies, I sat back a year ago in a warm glow. The investment had risen phantasmagorically, and was now worth a good pension. Today? It’s worth almost nothing. Source: Daily Mail What’s gone wrong? Well, it started with Terra, and it’s led to Terror. The wobbles…
Could bitcoin destabilise the dollar?
I was thinking about cryptocurrencies and the fact that most of us have heard of bitcoin and Ethereum. You may have heard of Dogecoin and Shiba Inu. Maybe you even know Cordana and Polygon. But do you know about UNI and Potcoin? Or Putincoin and Trumpcoin? What about Whoppercoin or Catcoin? It seems like madness…
How can you oversee a system you don’t see?
I was intrigued by a post from a friend who had worked for a leading fund manager. Her boss was jailed for financial manipulation. In her words: “I witnessed the effect of regulators on an innovative mind. Prior to jail, he was a financial trailblazer in encouraging companies to dream big, much like today’s venture capitalists….
Curiousity killed the cat but made the human
I’ve noticed that my blogging has developed into regularly asking questions. Many of my blog entries end with a question mark. Why is that? It’s because I’m always asking questions. It’s because I cannot accept the way it is. It’s because I want to know more. It’s because I’m curious. Funnily enough I presented at…
Can Europe ever get its payment act together?
It seems to be a week of guest columns, but that’s what happens when you find interesting things online and in your network. Today’s guest is Piotr Jan Pietrzak, Director of International Development at BLIK, the innovative Polish payment system. For followers of my blog, you may remember that I wrote about PEPSI two years…
And being rich doesn’t necessarily make you happy
Following on from last week’s discussion of smarter people not necessarily being wealthier, the mind is a funny thing. What makes you tick? What makes you laugh? What makes you cry? When you reflect, you introspect. It can be dangerous. Who are you? Why are you here? What is your purpose? What do you stand…
Is it true that smart people are richer?
A natural thought is that if you’re smart, you’re more likely to be rich, but that’s not true. There are many smart people who are poor and many stupid people who are rich. Why so? Because wealth has nothing to do with intelligence. A study published in November 2016 in the Proceedings of the National Academy…