Quote of the week: June 19, 2022
“There are a thousand hacking at the branches of evil to one who is striking at the root.” Henry David Thoreau
“There are a thousand hacking at the branches of evil to one who is striking at the root.” Henry David Thoreau
While the advent of Bitcoin (BTC) has been revolutionary in terms of it being decentralized, immutable and permissionless there are a couple of drawbacks. The first is that it takes time to process the transactions and the second is that it is not economically viable for micro payments (a few cents). The Lightning Network … Read more
The Bitcoin Conference team sent out the below communication yesterday. I thought it was an interesting overview. Blockchain Advisors does not provide investment advice. We are here to assist businesses and individuals on the adoption of Blockchain technology and cryptocurrency. The adoption of both of these is well underway but there will be struggles and … Read more
Last week Deloitte, in collaboration with Paypal, published the results of their survey on Crypto adoption by US consumer businesses with revenues from $10M to $500M in annual revenue. The intent was to understand the view of the business executives on crypto and understand the investments they have made. The survey finds that more that … Read more
“It is the ability of governments to acquire money without direct taxation that makes modern warfare possible, and a central bank has become the preferred method of accomplishing that.” G. Edward Griffin( Author of The Creature from Jekyll Island)
I had the pleasure of meeting Mark Moss for a few minutes at this year’s Miami Bitcoin Conference. He released this video last night prior to the CPI (Consumer Price Index) report that came out this morning showing a 8.6% year over year increase in USD prices. Mark really hammers home that the players in … Read more
A question that I regularly receive is, “How do I use my crypto when a majority of merchants are not accepting crypto yet?” That is a valid question because the crypto revolution is here to stay but in reality it is just getting started. There are an increasing number of companies that are recognizing the … Read more
“You assist an evil system most effectively by obeying it’s orders and decrees. An evil system never deserves such allegiance. Allegiance to it means partaking of the evil. A good person will resist an evil system with his or her whole soul.” Mahatma Gandhi
This admittedly was one of my favorite sessions with Ricardo B. Salinas (Grupo Salinas), Orlando Bravo (Thoma Bravo), Marcelo Claure (currently Claure Capital and previously of Softbank Group International), Dan Tapiero(10T Holdings), with Greg Foss(Strategic Initiatives) presiding. Greg Foss states that Bitcoin is the “best asymmetric investment opportunity in his 30 years of managing risk.” … Read more
Charles Cascarilla (CEO at https://Paxos.com) and Daniel Rabinovich (COO at Mercadolibre.com) took the main stage to discuss the partnership whereby Paxos is consulting with Mercado Libre, which is the largest Ecommerce company in Latin America. Last year they had 140 million active users buying and selling in their platform. Mercado Libre is now attempting to … Read more