Month: May 2016

Surrender Your Principles?

Erick Erickson penned an excellent article about standing by your principles. He was among the group of conservatives invited to Facebook for the face-to-face discussion over the allegations of censoring conservatives. This past week, a group of conservatives were invited to meet Facebook CEO Mark Zuckerberg in California. Facebook scrambled to do damage control over a story that suggested conservatives were being censored on Facebook. The specific allegation, made by one aggrieved self-identified conservative former Facebook employee, was that humans controlled the trending news section on Facebook and those humans were predominately liberals intentionally ignoring conservative news. On the basis...

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Is The Shift To A Cashless Society Snowballing Or Being Forced?

Love it or hate it, cash is playing an increasingly less important role in society. The Federal Reserve estimates that there will be $616.9 billion in cashless transactions in 2016. That’s up from around $60 billion in 2010. No doubt that there has been a shift in the direction of a cashless society. It’s been a slow progression based on convenience. The downside to going cashless and to all digital are many under the current system: hackers love the central point to access all the data they’re after; makes it easier for power and control government to control how money is...

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Crisis Markets Can Deliver Big Gains

Recently, Nick Giambruno talked about the investing strategies employed at Casey Research. Doug Casey has long looked for crisis where he could find assets that he was sure would be around in 50 years. During a time of crisis, these assets are typically trading or selling for way less than they are really worth. Thus, it provides an opportunity to purchase at bargain basement prices while everyone else is rushing to get out. For instance: In 2013, the tiny European island of Cyprus had a banking crisis. Its stock market plunged 98%. It was one of the most significant financial crises in...

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Is Easy Taxi The New Uber?

Not as well known as Uber and others, Easy Taxi has used a different approach to gaining acceptance in the local markets. The company actively looks for partnerships among the existing services, which provides not only much needed capital and easier integration with the local services. Easy Taxi, a rival to Uber and GrabTaxi, has more than 20 million users. The secret to becoming the number one service in Latin America? Going far beyond traditional user acquisition strategies like app store optimization and in-app advertising, with a complex and innovative two-layered approach. “It’s a lot about partnerships and creativity,” he...

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Coinbase Exchange to Rebrand Following Ethereum Trading Launch

Bitcoin exchange and wallet service Coinbase is adding support for ether, the native cryptocurrency of the Ethereum network. The addition of Ethereum comes amid rising interest in ether among digital currency traders and the technology platform itself among financial institutions and other enterprises worldwide. Trading will begin on 24th May. Further, Coinbase’s exchange service will be rebranded with a new name and logo, according to vice president of business development Adam White. “In addition to better highlighting the exchange that Coinbase is becoming we’re rebranding as GDAX, which stands for Global Digital Asset Exchange.” White also suggested that the company was paying close attention...

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