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Economics And Finance

What You Should Know About ‘529’ Education-Savings Accounts

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Despite all the benefits of these state-sponsored, tax-advantaged accounts, many people still don’t have them. What You Should Know About ‘529’ Education-Savings Accounts     The college-savings accounts known as 529 plans can be confusing. Parents know they have tax advantages. But what exactly are those advantages? What investment options…

Global Bitcoin Game Theory Is Now Playing Out

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“Bitcoin’s pawn to e4 move is pressuring other nations to adopt bitcoin.” Joker. Global Bitcoin Game Theory Is Now Playing Out Updated: 7-5-2019 Bitcoin As A Master Piece of Game Theory And Incentives   The role of incentives and game theory in the most famous blockchain. In the past decade,…

Rich Chinese Splashing Out On Luxury In Singapore

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Chinese snap up cars and condos. When ultra-wealthy Chinese entrepreneurs started moving to Singapore en masse in 2019, investment firms were salivating at the chance to manage billions in new money. So far, it hasn’t quite happened. Rich Chinese Splashing Out On Luxury In Singapore Hedge funds, banks and private…

California Defies Doom With No. 1 U.S. Economy

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The Golden State has no peers when it comes to expanding GDP, raising household income, investing in innovation and a host of other key metrics. California Defies Doom With No. 1 U.S. Economy When misfortunes multiplied during the coronavirus pandemic, observers seized on a four-letter word signaling end of days…

The Fed Loses Money For The First Time In 107 Years – Why It Matters #GotBitcoin

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Chairman Powell must feel like the circus act plate spinner trying to keep all of the plates spinning so they don’t crash and break. The Fed Loses Money For The First Time In 107 Years - Why It Matters #GotBitcoin Summary * The Fed Lost Money In The 4Th Quarter…

What Are Credit Default Swaps, How Do They Work, And How They Go Wrong

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Updated: 10-6-2021: The Intrinsic Value Of Bitcoin, Calculated Using Sovereign Credit Default Swaps. What Are Credit Default Swaps, How Do They Work, And How They Go Wrong Bitcoin is incredibly cheap, considering it provides insurance on the U.S. financial structure, as well as all fiat currencies around the world. [embed]https://www.youtube.com/watch?v=er9QFc1rO8M&list=PLU1KxUVqGmaPTgry25tZIxAZMlKQwkWUl[/embed]…

Cyberattack Sends Quadrillion Dollars Derivative’s Trading Markets Back To The 1980s #GotBitcoin

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Updated: 2-2-2023: The derivatives market is, in a word, gigantic—often estimated at over $1 quadrillion on the high end. Cyberattack Sends Quadrillion Dollars Derivative's Trading Markets Back To The 1980s #GotBitcoin * Shops Clearing Trades Were Forced To Process Deals Manually * Incident Highlights Importance Of A Little Known Software…

“Is Bitcoin Reacting To The Chaos Or Is Bitcoin Causing The Chaos?” Max Keiser

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Updated: 3-13-2023: Banking Crisis Won’t Kill Crypto Banking Despite Short-Term Pain. "Is Bitcoin Reacting To The Chaos Or Is Bitcoin Causing The Chaos?" Max Keiser From alternative banks to on-chain banking, crypto banking still has plenty of options, experts say.   Related: The Weaponization of Bitcoin And Global Finance Bitcoin…

OnlyFans To Net $1.2 Billion This Year And $2.5 Billion In 2022 Off Sex Workers’ Hard Labor

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At the height of the pandemic, Jessica, a 33-year-old single mother living in the suburbs of Chicago, felt like she was drowning. OnlyFans To Net $1.2 Billion This Year And $2.5 Billion In 2022 Off Sex Workers’ Hard Labor Her ex was paying reduced child support as a result of…

Bitcoin Has Lost Its Way: Here’s How To Return To Crypto’s Subversive Roots

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These days I spend most of my time tweaking the code of a bitcoin wallet that runs in Terminal. Bitcoin Has Lost Its Way: Here’s How To Return To Crypto’s Subversive Roots Based on Libbitcoin, it’s built to work over Nym Technologies’ anonymizing mixnet. I call it the Dark Renaissance…

Weaponizing Blockchain — Vast Potential, But Projects Are Kept Secret

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“Emerging technologies such as blockchain have the potential to define the war industry over the coming decades,” former NATO Secretary General Rasmussen tells Cointelegraph. Weaponizing Blockchain — Vast Potential, But Projects Are Kept Secret When Indian Defense Minister Rajnath Singh said that blockchain and artificial intelligence would “revolutionize war,” as…

Federal Reserve, Global Central Banks Announce Joint Action To Inject Liquidity Into Markets!! #GotBitcoin

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Fed, Other Central Banks Set Joint Liquidity Operation. Federal Reserve, Global Central Banks Announce Joint Action To Inject Liquidity Into Markets!! #GotBitcoin The U.S. Federal Reserve on Sunday said it had joined with the Bank of Canada, Bank of England, Bank of Japan, European Central Bank and Swiss National Bank…