Money Reimagined: The US’ Kodak Moment
China's moves on digital currency have potential to rock the global economy. The U.S. risks getting left behind, like Kodak.
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In the aftermath of WallStreetBets, Demetri Kofinas joins the hosts of "Money Reimagined" as they dissect the events that led to this moment and what it means for our future.
On the Nasdaq website, Martin Tillier asks, "Could Bitcoin Destroy the Global Banking System?"Tillier imagines a possible "Kodak moment" for the whole banking industry. In the early days of mobile phones, only a few enthusiasts dared to imagine that camera-equipped phones could ever threaten established camera manufacturers, but Kodak was forced to declare bankruptcy only a few years later, in 2012. Tillier's answer is that yes, Bitcoin could seriously hurt the banking system. The reason is very simple:"Banks are so used to taking a cut every time money changes hands that they cannot....
Rapper Drake has been very open with his dealings in bitcoin lately. The Canadian rapper who has gained superstardom continues to increase his involvement with the digital asset. He recently send some bitcoin to fellow rapper Kodak Black, officially introducing the latter to the cryptocurrency, who admitted that he had never used the digital asset […]
Sushi. Yams. Hot dogs. DeFi memes may be a joke, but they point to how money is always created: community storytelling. Plus: a new podcast.
Reimagined Finance (ReFi) is a DeFi-as-a-Service platform on the Ethereum network that is on a mission to make farming rewards accessible to all. We decided to find out more about what it is they doing. So, we asked them a few questions and here’s what they had to say. Q: Let us start with the […]