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Odds seems to be in favour of the local guy, if you can call anyone local from NY. Vasyl, the Ucranian guy is a strong candidate and much harder in my view than others that have tried to get the title before, but beating a Japanese boxer is not really a credential is it? Richard Comey is at an advantage, at least psychological by playing in the US. And despite all that, still betting on Loma makes sense at current odds, as they seem to be too far on Richard's side.
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This is very interesting.
I don't think that it's necessarily a signal to move towards bitcoin, because if that was the case, then why would they allow Mastercard and AMEX to stay onboard among other payment processors?
Seems a bit targeted towards VISA to me, and probably why VISA stocks dropped by 5% today.
I am not saying that this is a move towards any kind of crypto, but rather than Amazon and other should start considering having crypto wallets from their clients to allow fast, easy and nearly feeless transactions if that is what they are interested. Why pay for every transaction to a payments processor when you could use an already existing system, liquid, safe and efficient such as bitcoin. My take is that Amazon guys, regardless of their fantastic ability to execute their business strategy, are simply failing to realize the potential. Were they not already dominant in the market, this would have been a serious mistake. It's not as big as the name of the thread sounds. If I understood correctly, it's only about Visa cards issued in Britain.
...
Please, notice the UK at the end of the headline. Do I need to make it more clear? |
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As most things, they are both a scam and a tool. It is like a gun, if it is pointing your way is probably something you would not like.
Cards are a tool when you use them to buy stuff you need to work or go to work or somehow produce a return or if you make sure you pay everything at the end of the month. If you do anything else, particularly buying stuff you do not really need (really really need) and then pay the minimum... you are going to learn first hand what is that people talk about when they speak of the "rat race".
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https://www.nytimes.com/2021/11/17/business/amazon-visa-britain.htmlVisa is a solid company. Among its investors you will see Warren Buffet, that sees in this company a way realising its famous predicament of investing in the growth of US and the world. Basically a company that no matter who wins, is always there to process the payments. Amazon is not happy about Visa piggy-backing on its success and has decided to only accept other cards. I wonder when will they figure out that they could actually be paying very little if they allowed bitcoin accounts in their platform.
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Well know and quite true. Inflation is just a way of saying that the trading pair between "stuff" (goods and services) and currency is going in favour of "stuff". How can this be possible? Very clearly when there is too much money in comparison with the available "stuff", so it is a self evident truth that it has to be an effect deriving from a monetary policy and, being honest, of the "quantitative easing" which is how they call now printing money.
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Interesting news. Pension & retirement funds from the public sector are amongst the largest beast of nature in the market. These normally put their funds into stable, well cared for companies that rarely give surprises - like dividend kings or large bond issuing corporations, utilities,... The fact that this fund has chosen bitcoin is really good news but also speaks of the craze of a market in which interest are yielding nearly nothing.
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Didn't we have the same situation starting as far back as the last cycle, so around 4 years ago? It seems every investor was flocking towards any crypto startup and start-ups, in general, were throwing blockchain into anything to see what sticks. It ain't great, but it seems to be a natural progression before the usability of the technology gets kinda pigeonholed.
Nothing really new here though, as a lot of VCs are like that even in more "traditional" tech startups. If you have so much capital, you can totally afford to sort of "spray and pray", hoping that at least 5-8 out of 100 early stage investments would make it big. Absolutely, that is exactly how venture funds work, they know that nearly 90% of the companies will be broke, however the methodology for doing so has changed a lot from the mere money raining of the first internet bubble. They put a bit on many companies, but they do not put full amounts, just enough for an initial stage of projects and then they measure progress. This lean approach yield enough good results as to make it better in many ways than traditional investment. To put it plainly, they loose small and win big. |
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One of the countries where donating organs is a source of income is Iran. You can sell your kidneys, parts of the liver or anything else that you can do without for money. As you may imagine this is a resource for the most deprived citizens and it has been shown to have negative psychological effect in the long term as the money goes away and the organ is lost forever. A person in need of a kidney is referred to the Dialysis and Transplant Patients Association which matches them with a potential donor. These un-related donors are guaranteed monetary compensation of approximately $1,200 from the government and an additional amount from the recipient which varies anywhere from $2,300 to $4,500. In China, it was legal to harvest the organs of the executed. This obviously creates a perverse incentive of the system to sentence to death more people - not that they really need much incentive. Till 2014, Chinese authorities permitted the harvesting of organs from executed prisoners without prior consent from them or their families. In fact, in December 2005, the country’s deputy health minister estimated that as many as 95 per cent of the organs used in China’s transplants came from such sources. https://sites.ndtv.com/moretogive/organ-donation-what-other-countries-are-doing-1297/ |
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...
Aunque ya se has dado algunas explicaciones de porque esto es así, podríamos estar viendo simplemente un caso de la maldición del ganador (the winner’s curse), este es un fenómeno en el cual la oferta ganadora es más alta que el valor actual de mercado de lo que se compró.
Aunque parezca no tener mucho sentido esto de hecho pasa muy a menudo en cualquier mercado en le que las subastas tomen lugar, de hecho hace mucho tiempo recuerdo haber leído de un estudio psicológico al respecto en el cual se vendía un billete de 50 dólares, o alguna otra denominación, y para sorpresa de aquellos que hacían el estudio la mayoría de las veces el billete se vendía por un valor mayor, lo cual es prácticamente lo mismo que pasó aquí y nos muestra de la irracionalidad de los participantes del mercado.
Totalmente. Mira, un amigo esta en el proceso de comprarse una casa y logicamente habra varias personas que ofertaran. Lo que es seguro es que si te la quedas es porque tu eres el que mas pagas por ella, lo que para mi mentalidad de "value investor" e incluso desde un punto de vista trading es normalmente mala señal. Lo único que puede salvar esa sensación es si uno está totalmente seguro de que tiene un valor excepcional que no es el que tendría para otros. |
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There are some talks in forums and popular podcasts about a likely 10% correction in the NASDAQ, but it just does not seem to be happening. If it is triggered, bitcoin is likely to be affected by the people needing money for marging calls and the like. It is just that this same talk has been going for a while, nearly since COVID started to decline and nothing seems to happen.
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... Researchers have discovered that living plants are literally 'green' power source: they can generate, by a single leaf, more than 150 Volts, enough to simultaneously power 100 LED light bulbs. ... Apart from the feasibility of this, we would need to check the basic math: 150 Volts is a measure of potential, voltage. You might mean 150W which is quite unbelievable. Also, even if it is 150W it would only lit around 10 low power led lamps. The green energy from the trees is real and it is in fact used in the form of biofuels. Even the olives bones are a combustible of choice in many applications. |
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Hay que tener en cuenta que hay una serie de fondos que tienen participación en prácticamente cualquier empresa cotizada. Blackrock, Fidelity, Vanguard... los verás en el accionariado de hasta el kiosko de la esquina. Citadel es uno de esos que están por todas partes porque manejan activos milmillonarios y tienen cierta tendencia a invertir en empresas con un punto más de riesgo y posibilidades que otros. |
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Pregunta estúpida. Se supone que el rollo bitcoin es "mis claves, mi bitcoin", no te lo pueden incautar, si te pones a ello no lo pueden encontrar y tralarí tralará. Pero entonces como es que aparecen lotes incautados y con las claves pillada? O bien les han obligado a confesar o bien tenían las claves escritas en una servilleta por ahí.
Y como reflexión, no me mola que bitcoin se asocie a estas noticias. Se que es inevitable, pero vale para muchas cosas, entre otras, delinquir.
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Aunque creo que el gobierno del El Salvador es "muy peculiar" por decirlo de alguna manera, el usar bitcoin es una jugada muy buena (quiza el tiempo me permita llamarla una jugada maestra).
Por una parte, te quitas de encima el despiadado control que ejerce Estados Unidos sobre las transferencias de dinero internacionales, con un frecuente empleo del mismo en la aplicacion de sanciones. Por otra parte acostumbras a tus ciudadanos a usar una "divisa" volatil, pero por ahora alcista a largo plazo, con lo cual incluso pequeños ahorros pueden llegar a ser significativos a largo plazo, incluso a nivel pais.
En fin, que partiendo de la base que a mi me gusta la democracia y si es posible en la variedad más aburrida posible, esta medida concreta me parece que va a funcionar muy bien y creo q pudiera extenderse.
Solo cabe imaginar el efecto que pudiera tener en la adopción de bitcoin si el nivel de vida en El Salvador creciera espectacularmente llevado por el alza futura del bitcoin.
(perdón por la jhortografía voy con prisas)
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Agree in general, but please, do not read or believe anything about real state on any of kyosaky's books. He is just heating up and hyping on that.
Yep, he and a few others (like Peter Schiff) are exactly that, hype-sters, financial wannabe gurus who probably made a lot of money early on in their careers but who are now in the business of obtaining a following and getting publicity. Schiff is a notorious permabull on gold/silver, which is an absolutely insane position to take. Mike Maloney is another one of them, and guess what? He's trying to sell you gold and silver with all of the same ridiculous arguments that have been made for the last few decades. I've already made some recommendations for reading, and none of them are from any kind of financial self-help idiots. And again, if you really want to learn some basic economics, either take a course in it or grab a used textbook from Amazon or wherever and start reading. One of my favorite classes in university was corporate finance, and it was basically all about the stock market. I found it fascinating, and the textbook we had was awesome--I just forgot who wrote it, else I'd recommend it in a heartbeat. I was not aware of those other, but glad to know. Going into a bit more of detail, real state is a business that has the same foundation that any other: it works when you buy cheap and sell expensive and is better the faster you can do that.. The main difference is that you usually can get plenty of bank money to play with and that is what Kiyosaki calls "good debt". The problem is that the approach is simplistic. This is simply a leveraged buy and it is as good as the outcome: if good becomes great and if bad becomes awful. He simply ignores the fact that sometimes things go wrong, even buying property. |
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Industries that are not sustainable, which in most dictionaries nowadays means carbon emissions, are loosing the investors good graces. These activities are considered at risk, since regulations in the future will likely mean that they will have to change or reformulate or undergo serious pressure from regulators.
There has been plenty of literature about bitcoin effects in the environment. While I agree that bitcoin is probably less damaging to the environment than 20 thousand Visa employees commuting to work, there is still plenty to do about the farms and the energy they consume. It may be possible to support green mining over others?
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Another real way to curb inflation is to increase taxes paying more taxes reduces the disposable income of the people the total expenditure is reduced. People's purchasing power can be reduced by imposing new taxes and increasing the old tax rates when there is an excess demand for a product in the market and there is a huge shortage in the supply of the product along with it. That situation creates an opportunity for the manufacturer to increase the price of the product or service and price inflation occurs.
I am not sure of that. Is there any source that backs up that opinion? My doubt is mainly that taxes reduce the disposable income for the families, but it increases the government spending by exactly the same amount. Government are usually ferocious spenders of anything that they get their hands in and even sometimes of that they do not even own. How would that work? |
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Seriously, I do not think this is complex at all. You have monopoly money that can be printed and a system to get it back when it suits you. Usually, that means nearly never gets called back.
Interest rates... what's difficult? It is the price of borrowing money, not that complex to understand right? An on regards to fractional lending, it means that the bank can lend more money than it really has - Is there anything I am missing.
You what is difficult for me? That after knowing all this facts, there is still people that argue that "bitcoin is not as good a money"
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