The previous post argued that we have now a real possibility to democratize the sphere of money and bring it back to its origin as a means to serve the people. Continue Reading…
Blog
When fiat and decrees work no more for sovereigns
April 6, 2014
A sovereign has three means to finance its operations: direct taxation, debt, and inflation (i.e. indirect taxation). The first two are rather transparent ways to compel revenues from citizens. Inflation is the most hidden and has many benefits including the easement of public debt burden and providing new funds to sources close to the government and it’s franchisee – the banking sector. Continue Reading…
Luettua: Flash Boys
April 4, 2014
Legendaarinen Wall Street kirjailija Michael Lewis on tullut jälleen ulos uusilla paljastuksilla. Tällä kertaa kyseessä on todellinen kuuma peruna finanssikriisin jälkeenkin. Kyseessä on lähes yhtä mystinen asia kuin malesialaisen lentokoneen katoaminen. Continue Reading…
Internet of Money – new era of giants?
March 28, 2014
The idea of cryptocurrencies is here to stay. We cannot sweep it under the rug and pretend that nothing has happened. Internet started the same way. First, it was a brand new world with unlimited possibilities and decentralisation of power to the masses.
Yet, few decades later we have giant centralised services that dominate the user space. Think Google, Facebook, eBay, and Amazon, for starters. Like Maciej Ceglowski noted: technology concentrates power. Continue Reading…
Luettua: Jos se firma olis mun
March 9, 2014
Marko Erola kertoo kotimaisen pääomasijoittamisen 25 vuoden tarinan Capmanin silmin. Mukaan mahtuu onnea ja menestystä, mutta myös paljon vauhdikkaita tilanteita ja markkinoiden mullistuksia. Continue Reading…