Bitcoin and the Sharing Economy Go Hand-in-Hand
Anyone in the world can take their financial futures into their own hands right now. Not just in terms of deciding whether or not they want to remain an employee or become their own boss, but also whether or not they can play a role in the sharing economy. Every person on this planet can do or offer some product or service that other people want or need,....
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Grassroots efforts have defined much of recent technological history. Whether we're talking about file sharing via BitTorrent, disrupting money via bitcoin, or even the emergence of the web itself, innovation has often trickled up, rather than down. Even some of the companies that dominate today's Internet started small, and gained traction quickly. Could the next generation of sharing economy companies do the same, backed by cryptocurrency-like tokens? The sharing economy. The sharing economy is a potentially huge development. Also sometimes termed 'collaborative consumption' or 'the....
At its core, social media is a web-based communication tool that facilitates constant and instant interaction and sharing of information between people. On one hand, social media enables socialization and promotes togetherness. On the other hand, it can leave your data open to the world and put a person’s privacy and information at risk. If this data could be linked and managed by each individual personally, social media could become a truly decentralized platform that majorly benefits users – rather than third parties. That’s where Non-Fungible Tokens (NFTs) come in.....
One particular YouTube video perfectly sums up how the economy works. And if it doesn’t make you want to buy bitcoins (or wish you had more), then perhaps nothing will. Economic Stimulus 101. In simple, easy to understand language, this video – which is just over one minute in length – gives a simple economics 101 lesson on how economic stimulus works;....
The rate of adoption of mobile money and bitcoin is increasing in the Philippines, driving the country towards a cashless economy. The Asian countries have exhibited tremendous economic growth in the past few years. While China and India make the icing on the cake, Philippines is right around the corner. As the country’s economy grows, adoption of latest technology in the economic sector should also grow hand-in-hand. In order to keep up with the technological advancements, while ensuring the benefit of the masses, the country is slowly inching towards a cashless society. The country’s....
Compliance is key if you want to play the game, says PayPal CEO Dan Schulman. There is no other way for the cryptocurrency industry to thrive without working hand in hand with regulators, PayPal CEO Dan Schulman believes.On Dec. 2, Schulman joined the Web Summit online conference to discuss the cashless era of the global financial industry with Squawk Box host Andrew Ross Sorkin.As part of the discussion, Schulman addressed issues related to cryptocurrency regulation, calling on the industry to closely collaborate with financial authorities to bring more utility to crypto. “There is only....