The Franklin Delano Roosevelt Memorial in Washington. Mary O’Sullivan, Professor of Economic History, Université de Genève. ___ At the start of the COVID-19 pandemic in March 2020, US Federal Reserve System governor Jerome Powell made an extraordinary declaration: “We’re not going to run out of ammunition.” The central bank stood ready to take any action…
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Andrew Urquhart, Associate Professor of Finance, ICMA Centre, Henley Business School, University of Reading. _____ Coinbase, the San Francisco-based crypto exchange, is going public on April 14. The company will trade under the ticker COIN and list 114,850,769 shares on the Nasdaq with an initial valuation of USD 100bn. Instead of following the traditional initial…
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Christopher Bendiksen, Head of Research at CoinShares, major European major digital asset manager. ____ Bitcoin (BTC) is a settlement system like FedWire, not a payments aggregator like VisaIt uses energy to deliver that function independently of central authoritiesGlobal energy production continues to rely on fossil fuelsHowever, cryptocurrency mining is mobile Read more »Pay, Trade, Buy…
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Stephen Ehrlich, Co-Founder and CEO at Voyager Digital, a crypto-asset broker. _____ Volatility is good for crypto. It serves multiple purposes as the whole crypto ecosystem matures, which we have to remember is an industry and technology that is still only just over a decade old. New and emerging industries are by their nature volatile…
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Source: Adobe/adrian_ilie825 Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund’s Monetary and Capital Markets Department. _____ After enduring a tumultuous 2020, the global economy is finally emerging from the worst phases of the COVID-19 pandemic, albeit with prospects diverging starkly across regions and countries—and only after a “lost year” Read…
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Pradeep Goel, CEO of Solve.Care, a blockchain-powered platform for healthcare benefits administration and payments. ______ Against the backdrop of the COVID-19 pandemic, the recent growth of the decentralized finance (DeFi) market could change the game for the healthcare industry. Let’s explore several examples. 1. Medical devices With regards to medical device Read more »Pay, Trade,…
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Brian Armstrong, CEO and Founder of Coinbase. Source: A screenshot, Coinbase Jerry Davis, Fellow at the Center for Advanced Study in the Behavioral Sciences at Stanford and Professor of Management and Sociology, University of Michigan. ________ Coinbase’s plan to go public in April highlights a troubling trend among tech companies: Its founding team will maintain…
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Bird Keeper by JUNG. Marie Tatibouet is the Chief Marketing Officer at crypto exchange Gate.io. _____ While it took around twelve years for crypto to reach the “early majority” stage in the tech adoption curve, non-fungible token (NFT) adoption is moving much faster. NFTs are bringing crypto to your average, everyday folks, including beatboxers, drummers,…
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Source: Adobe/Ольга Копьёва Michael Kitson, University Senior Lecturer in International Macroeconomics, Cambridge Judge Business School. _______ The economic orthodoxy has long been that governments should try to balance their books and leave all the heavy lifting in managing their economies to central banks. We saw this writ large in the years after the financial crisis…
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Emre Tarim, Lecturer in Behavioural Sciences, Lancaster University. ____ The Turkish lira has once again made global headlines, with a steep drop of 15% on March 22, running from below 7.20 to the US dollar to over 8.28, before settling just below 8.00. This came on the back of a midnight decree on March 19…
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