The Wall Street Journal Gets it Wrong on Bitcoin – Again
You really can forgive the Wall Street Journal on this one. Bitcoin is a powerful financial innovation that is in the process of reinventing and disintermediating the business models of a huge proportion of their readership. Further, Bitcoin has been…
The Reason We Can’t Trust the Government – Corruption Approved by the Supreme Court
What the hell. We live in a land where if you are poor, you can be busted for the smallest infractions (see the ‘broken windows’ theory of policing), and once you are in the clutches of the ‘justice’ system,…
Using TOR May Get You Searched By the FBI
The US Supreme Court has approved a rule change that if not countered by congressional action (fat chance) will result in the FBI having the right to hack and search any internet connected device running anonymizing software. This is un-American….
‘An Absolutely Breathtaking Conflict Of Interest’
As the sole overseer of North Carolina’s $90 billion pension fund, Treasurer Janet Cowell is responsible for protecting her state’s retired workers. It’s a full-time job for which she earns $124,676 a year. But that will not be her only…
TBTF: How Bankers’ Blood Will Be Spilled On The 2016 Battleground
Karen Shaw Petrou’s memorandum to the Federal Financial Analytics clients on TBTF banks, how bankers’ blood will be spilled on the 2016 battleground. TBTF: How Bankers’ Blood Will Be Spilled On The 2016 Battleground How will financial firms fare in…
New York To License 2 More Bitcoin Businesses: Report
New York state’s financial regulator is about to issue “bitlicenses” to Coinbase and Ripple Labs, allowing the San Francisco-based bitcoin companies to operate in the state. The New York State Department of Financial Services recently received applications from both companies,…
The Increasing Income Inequality that No One Wants to Discuss (Guest Voice)
The Increasing Income Inequality that No One Wants to Discuss Seniors in the U.S. have been enjoying healthier income gains than younger workers for years. by Ryan Goebel Wether you agree with the phrase, or believe that it is a…
The Class Of 2016 Is Deep In Debt
College students graduating this month across the United States can expect to feel nostalgic, field questions about their futures and owe a lot for the education they just received. Student financial aid expert Mark Kantrowitz recently calculated that student borrowers…
Is Trump a bigger threat to Wall Street than Sanders?
By Tho Bishop / Mises Wire And then there was one. Proving once again that the endorsements of celebrities and sports heroes is more important than politicians, Donald Trump dominated the Indiana primary, prompting the official end of Ted Cruz’s…
Bitcoin and blockchain could be the start of a bigger revolution than the Internet itself
If we are to believe author and technology guru Don Tapscott, the technology behind Bitcoin is about to unleash a revolution as big – or bigger – than the Internet itself. Executives in the financial services industry or any business…