Bitcoin Trucks On While Traditional Financial Ecosystem Burns To The Ground
Throughout the years, Bitcoin has often been chastised for its price volatility. While it is true big losses and big gains were possible in the Bitcoin world at just about every turn, the digital currency has come to maturity over the past twelve months. At the same time, well-established traditional financial markets are plummeting to the ground and even deeper. All of this makes one wonder where the true volatility lies, and which people should be frowned upon. Regardless of how one wants to look at things, our financial ecosystem has been on the verge of collapsing upon itself for quite....
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Circle Internet Financial, a Boston-based company led by Jeremy Allaire hoping to transform payment processing for bitcoin, just got a board member who already serves on boards of prominent companies. She is Michele Burns, and she is presently the CEO of human resources consulting company Mercer. Aside from that, Burns serves on the board of Goldman Sachs and Cisco. But that's not all. She's also on the board of the Elton John AIDS Foundation and formerly serves on Wal-Mart's board, so if there's someone with some familiarity of the tech and finance industries, it's Burns. Circle Internet....
DeFi has marked the birth of an open alternative to the current financial system, promising broader financial inclusivity. Decentralized finance came to life with the inception of Ethereum in 2013. However, it truly hit the ground running in 2016–2017 with the backing of Ethereum developers and some entrepreneurs and experts in the financial investment sphere. To get our facts right and clear all misconceptions, DeFi encapsulates a variety of financial applications in cryptocurrency or blockchain that are geared toward removing intermediaries between parties in financial transactions.....
According to Fortune, Wall Street Heavy Weight, Michelle Burns has joined the Board of Circle. "Burns's move is another sign that Bitcoins are starting to gain some following among established financial players. She is the former CEO of human resources consulting firm Mercer. Along with Goldman (GS), she is also on the board of Cisco Systems (CSCO) and the Elton John Aids foundation. She is also a former board member of Wal-Mart (WMT). And her Wal-Mart connection might be the most valuable to Circle, and Bitcoin in general. A growing number of retailers are considering whether to accept....
William Burns said that building knowledge on crypto was “an important priority” for the CIA, and he planned to devote “resources and attention” to it. Current director of the Central Intelligence Agency William Burns said his predecessor at the government agency initiated projects focused on gathering intelligence on cryptocurrency.Fielding a question on crypto at the Wall Street Journal CEO Council Summit on Monday, Burns said the CIA was looking to add expertise in cryptocurrencies and blockchain to its team of intelligence analysts in addition to communicating with industry experts. He....
Food trucks have proliferated in the digital age. With social media and geolocation, potential customers can keep tabs on their favorite foods prepared in mobile kitchens. These trucks also allow entrepreneurs to try new food concepts and themes. The Cheese Wizards are a great example of this, melding fantasy and science fiction with mobile grilled cheese sandwiches. So, given their geek-like bent it would make sense that the Saxbe brothers Bo and Tom would accept bitcoin as a method of payment. "The actual transaction is fairly simple: customers waltz up to our truck, drawn in by our....