Q. What industries will blockchain disrupt the most? A. I think blockchain will disrupt the banking industry the most. That’s because blockchain serves cryptocurrency projects. One of the requirements of a cryptocurrency is that the number of creation of new units should be controlled. The above cannot be said about the modern fiat paper … [keep reading..]
I talk about the Federal Reserve often. I keep repeating that it’s owned and run by a small group of people. The world elite. Who are the world elites? Today’s chat is about them. They (are): 13 most influential and wealthy families in the world. Their roots go centuries back. You may have heard … [keep reading..]
Purchasing power of the US dollar is a dry topic but it directly shows why you would want to have some gold under your mattress. So, grabbing an overall picture of the dollar’s shrinkage is a must. All right, look at the graph above. What happened? The purchasing power of the dollar since 1913 … [keep reading..]
Today many claim that gold is not money anymore and its average price decreased in the last couple years. It is true that gold is not an official medium of exchange anymore. Sadly, paper currency became ubiquitous around the world and is used in most countries including undeveloped ones. It is also true that gold … [keep reading..]