Andreas Antonopoulos: Text Phone, Bank

Posted by admin on Monday, January 2, 2017

Andreas Antonopoulos Money Quote saying in his book ‘Internet of Money’ that the rapid expansion of Fintech to rural areas will lead to economic growth in rural areas without a bank. Andreas Antonopoulos said:
 

 

“What do you think happens when you suddenly are able to turn a simple text-messaging phone in the middle of a rural area in Nigeria, connected to a solar panel, into a bank terminal? Into an international loan-origination system? A stock market? An IPO engine?” — Andreas Antonopoulos

 

 

In this quote, Andreas Antonopoulos seems to be highlighting the potential transformative impact that new technologies like Bitcoin could have in developing parts of the world. Some key points:

• He describes how a basic mobile phone connected to a solar panel in a rural area could suddenly be used for much more through these technologies.
• Antonopoulos suggests it could function as a bank terminal, allowing people to store and transfer money digitally.
• It could also enable taking out international loans and participating in stock markets and initial public offerings.
• This implies technologies like Bitcoin could help unbanked communities gain access to important financial services by turning existing mobile infrastructure into powerful banking and investment tools.

Overall, the quote conveys Antonopoulos’ view that these technologies hold promise to dramatically improve financial access and economic opportunities in developing regions by leveraging ubiquitous mobile networks.

Vahan Janjigian on IPO Accessibility

Posted by admin on Tuesday, March 5, 2013

Vahan Janjigian Money Quotation saying the harder it is to get access to initial public offerings, the more valuable they are likely to be. Vahan Janjigian said:
 

 

“If you can get an IPO, don’t buy it. Only buy IPOs you can’t get” — Vahan Janjigian

 

 

This quote is advising investors to avoid buying into initial public offerings (IPOs) that they are easily able to obtain shares of during the IPO process. When demand is very high for an IPO and it’s oversubscribed, it suggests there is strong interest and enthusiasm from other investors that could continue to drive the stock price up in the short term.

However, for IPOs that are not oversubscribed and shares are readily available, it means investor interest may not be as high. The quote recommends only buying IPOs that are so in-demand that an individual can’t easily get shares (“IPOs you can’t get”), as that signals more confidence in the future performance and valuation of the company. In other words, don’t buy IPOs just because you can, only buy ones that others are also eagerly seeking.