Move over bitcoin, cash is still king

Move over #bitcoin, cash is still king

  • And it’s not only Americans who favor paper money — a separate study by PayPal – – cash is still king in most of Asia’s major markets – – Cardtronics said people might also favor paper for security reasons — and they may be right.The company said 84 percent of…
  • Harley J. Spiller, author of “Keep the Change: A Collector’s Tales of Lucky Pennies, Counterfeit C-Notes, and Other Curious Currency,” likes paper money for another reason: It’s simple.
  • And it’s not only Americans who favor paper money — a separate study by PayPal – – cash is still king in most of Asia’s major markets – – Cardtronics said people might also favor paper for security reasons — and they may be right.
  • Hackers have recently stolen millions of dollars worth of digital currencies – – security concerns, people may be right to seek comfort in paper money.
  • Harley J. Spiller, author of “Keep the Change: A Collector’s Tales of Lucky Pennies, Counterfeit C-Notes, and Other Curious Currency,” likes paper money for another reason: It’s simple.

Millennials might be bucking conventional wisdom, but paying with cash isn’t one of them.
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Blockchain IntroductionMinuteVideos YouTube Channel

Blockchain tech: una rivoluzione per rogiti, burocrazia, economia  ?

  • If instead someone sent you an email saying ” ‘s 10 dollars” you probably wouldn’t trust it.
  • With blockchain we can save a lot of this cost because it lets us send money just like sending an email.
  • Instead of sending a lot of payment information through a few servers, blockchain uses thousands of personal computers on the internet.
  • To make sure no one’s cheating or sending money they don’t have, these “messages” go through a few trusted banks that keep a record of everything.
  • But when we “transfer money”, use an ATM or pay with a deposit card that’s pretty much exactly what we do.

Read the full article, click here.


@ItaliAperta: “Blockchain tech: una rivoluzione per rogiti, burocrazia, economia ?”


Blockchain is the Tech that runs Bitcoin. In the finance industry it could save $1.7 Trillion in yearly transaction fees and it could disrupt other industries in similar ways. This short explainer video explains how the Blockchain works..

Checkout the video script and production files for this explainer video below.


Blockchain IntroductionMinuteVideos YouTube Channel

Bitcoins and Animal Spirits

  • The values are a part of the egalitarian and communitarian Sixth Level value system in the Spiral Dynamics-Memenomics framework.
  • Based on decades of research, many who are in this value system rarely see hierarchy or exhibit respect for the cultural complexity that elevated them to where they are.
  • The former being a representation of the Third Level of values while the latter is a representative of the integrative Seventh Level value system.
  • The existence of a Fourth Level regulatory value system has always been a necessity to insure that the success of currency is not derailed by predators who prey on people’s hard earned living.
  • The entire industry was born into of the values of online gaming and virtual existences, which are a part of the Internet’s “Democratization of Resources” values.

Read the full article, click here.


@memenomics: “Worth revisiting now that Bitcoins & Blockchain are back in the news”


For a few years I’ve been warning about the dangers inherent in the digital currency bitcoins. Not because of the virtues of its creators, but because of…


Bitcoins and Animal Spirits