Bitcoin and Artificial Intelligence will combine to create a restricted currency union inside the United States.

Bitcoin and Artificial Intelligence will combine to create a restricted currency union inside the United States. Bitcoin nation, made up of very wealthy owners of large plots of land and productive capacity, will need a US dollar reserve. Bezos, Musk, and Branson have the intellectual and financial power to build a real, suborbital Elysium with … Continue reading Bitcoin and Artificial Intelligence will combine to create a restricted currency union inside the United States.

Threat to democracy? How about messaging on the threat to employment

Employment will be on the minds of the financial press between now and 2 August when the jobs situation report data is released. Between now and then, two unemployment claims reports will be released and the Board of Governors of the Federal Reserve System would have made their decision on the federal funds rate. The … Continue reading Threat to democracy? How about messaging on the threat to employment

One of those days where I think artificial intelligence is overhyped …

A few years back, I read Pierre Boulle‘s classic, “Planet of the Apes (1963).” I had the book sitting on my bookshelf since junior year in high school, ever since disco was still a thing. Fortunately, I kept the book as I moved from the Caribbean to and through the US mainland. Once I started to read it, … Continue reading One of those days where I think artificial intelligence is overhyped …

Merchants, traders, brokers and the future of trade…

Trade has always been limited to those with control over commodities and access to credit. Merchant/broker/traders have always been in the data gathering business. It is no surprise that merchant/broker/traders sit on and trade valuable, actionable data. Movement of the data gathered by merchant/broker/traders have moved on an OI (organic intelligence) infrastructure for centuries. This … Continue reading Merchants, traders, brokers and the future of trade…

Interbank market news scan: Most of us are digital serfs. Some of us will learn to trade.

The upside for the “knowledge worker” is that if she plays her cards right, she can go from being a digital version of a tenant farmer and trade her own coin. She has the research ability and given the digital tools that she likely helped develop, she can identify opportunities for trade and actively enter the markets. This is why I shed no tears about engineers being laid off from Facebook, Google, or Twitter. You have the digital skills and the severance pay to become traders. Continue reading Interbank market news scan: Most of us are digital serfs. Some of us will learn to trade.