Archive for the ‘Fintech’ Category

Innovation in currency through financial technology is a bumpy ride for Bitcoin and Ethereum enthusiasts, but what of cross-border payments and blockchain insurance?

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Olawale Daniel: Bitcoin Commodity

Posted by admin on Tuesday, May 19, 2020

Olawale Daniel Money Quote saying cryptocurrency and the technology supporting it are distinct commodities, not portions of one another. Olawale Daniel said:
 
You might think of bitcoin and blockchain as two halves of a whole, but in reality, they are very distinct commodities Quote
 

“You might think of bitcoin and blockchain as two halves of a whole, but in reality, they are very distinct commodities” — Olawale Daniel

 
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Bill Ackman: Shutdown Capitalism

Posted by admin on Sunday, May 10, 2020

Bill Ackman Money Quote saying short term shutdown is financially feasible, while long term shutdowns threaten capitalism. Bill Ackman said:
 
Capitalism does not work in an 18-month shutdown; capitalism can work in a 30-day shutdown Quote
 

“Capitalism does not work in an 18-month shutdown; capitalism can work in a 30-day shutdown” — Bill Ackman

 
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Paul Volcker: Global Currency

Posted by admin on Thursday, December 12, 2019

Paul Volcker Money Quote saying something that has a new meaning (cryptocurrency) he might not have intended when he said it. Paul Volcker said:
 
A global economy requires a global currency Quote
 

“A global economy requires a global currency” — Paul Volcker

 
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Bill Nye: Bitcoin Commerce

Posted by admin on Wednesday, November 27, 2019

Bill Nye Money Quote saying electronic payments are inevitable for most forms of commerce, it might be bitcoin or not. Bill Nye said:
 
If it’s not bitcoin, it’ll be something. The future of commerce is going to be all electronic. The gold standard was a fine idea, but electronic changes of funds and credits will be the future Quote
 

“If it’s not bitcoin, it’ll be something. The future of commerce is going to be all electronic. The gold standard was a fine idea, but electronic changes of funds and credits will be the future” — Bill Nye

 
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Mark Mobius: Psycho Currencies

Posted by admin on Wednesday, August 21, 2019

Mark Mobius Money Quote saying cryptocurrencies are dependent on faith and it could label believers as crazy – however the same belief is required of fiat currency. Mark Mobius said:
 
I call them ‘psycho currencies,’ because it’s a matter of faith whether you believe in Bitcoin or any of the other cyber-currencies Quote
Mark Mobius Money Quote
 

“You have all these currencies, new currencies coming into play. I call them ‘psycho currencies,’ because it’s a matter of faith whether you believe in Bitcoin or any of the other cyber-currencies” — Mark Mobius

 
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Bloomberg News Video

Donald Trump: Cryptocurrency – Not

Posted by admin on Monday, July 15, 2019

Donald Trump Money Quote saying in a series of tweets that he doesn’t believe in cryptocurrency – from Bitcoin to Facebook Libra – panning all. Donald Trump said:
 
I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity Quote

“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity” — Donald Trump

 
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Facebook Libra’s 'virtual currency' will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks Quote
 

“Facebook Libra’s ‘virtual currency’ will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks” — Donald J. Trump

 
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We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the World, and it will always stay that way. It is called the United States Dollar! Quote
 

“We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the World, and it will always stay that way. It is called the United States Dollar!” — Donald Trump

 
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Jamie Dimon: Spokesperson Against Bitcoin

Posted by admin on Thursday, November 8, 2018

Jamie Dimon Money Quote saying he’s been outspoken in his criticism of Bitcoin and cryptocurrency, but doesn’t want to be quoted and feigns disinterest. Jamie Dimon said:
 
I didn't want to be the spokesman against bitcoin. I don't really give a sh*t - that's the point, OK? Quote
 

“I didn’t want to be the spokesman against bitcoin. I don’t really give a sh*t – that’s the point, OK?” — Jamie Dimon

 
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Lindsay Davis: Amazon Bank Building

Posted by admin on Monday, October 1, 2018

Lindsay Davis Money Quote saying Amazon wants more people to have access to buying amazon products, so the’ve built a bank to provide financial services to Amazon customers. Lindsay Davis said:
 
Amazon is not building a bank by the traditional definition, Amazon is building financial services products to increase participation in the Amazon ecosystem. Amazon is building a bank for Amazon, and that may be even more compelling than launching a traditional deposit-holding bank. Quote
 

“Amazon is not building a bank by the traditional definition, Amazon is building financial services products to increase participation in the Amazon ecosystem. Amazon is building a bank for Amazon, and that may be even more compelling than launching a traditional deposit-holding bank.” — Lindsay Davis

 
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Money Quotes Daily

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