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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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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Bill Winters: Digital Money Laundering

Posted by admin on Monday, May 21, 2018

Bill Winters Money Quote saying digital crime is increasingly sophisticated and the bad guys appear to be winning at money laundering. Bill Winters said:
 
Criminals are no longer simply winning money laundering; they're harnessing digital capabilities to change the game Quote
 

“Criminals are no longer simply winning when it comes to money laundering; they’re harnessing a growing arsenal of digital capabilities to completely change the game.” — Bill Winters

 
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David Hockey: All Companies Use FinTech

Posted by admin on Sunday, May 6, 2018

David Hockey Money Quote saying All business is now requiring tech aspects and many may find themselves integrating with fintech to offer aspects of financial services. David Hockey said:
 
Every company is becoming a tech company and needs to be a financial services company too Quote
 

“Every company is becoming a tech company, and we have this thesis that every company needs to be a financial services company, too” — David Hockey

 
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Jack Dorsey: Single World Currency

Posted by admin on Sunday, April 1, 2018

Jack Dorsey Money Quote saying there will only be one type of currency soon, that will be Bitcoin for all transactions online as well as offline. Jack Dorsey said:
 
The world will ultimately have one currency, the internet a single currency. It will be Bitcoin Quote
 

“The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be Bitcoin” — Jack Dorsey

 
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