Digital Banking Quotes

We've searched our database for all the quotes and captions related to Digital Banking. Here they are! All 100 of them:

Advances in digital banking will not eliminate the branch, they will allow for more creative ways to help clients achieve financial wellbeing.
Hendrith Vanlon Smith Jr. (Essays on The Banking Industry)
There’s a correlation between the number of digits on a man’s bank balance, and, the number of things that his woman is willing to forgive him for.
Mokokoma Mokhonoana
The difference between an ordinary life and an extraordinary life is only a matter of perspective. Pull the blinds. Look around you. It is a mad, mad world and you do not require ten digit bank accounts to immerse yourself in it. Travel down dusty roads without a destination in mind. Climb a mountain and scream out into the void. Kiss the hell out of a stranger. Skinny dip in a lake. Get lost and lose yourself (they are two separate things). Explore the wilderness (especially the one within). Think less of destiny and more of the moment right here. Because when you are old and ill with your loved ones around you, fame won't matter, nor will the extent of your wealth. You are the sum of the stories you can tell.
Beau Taplin
The Central Bank of The Bahamas and the Bahamian people are leading the world in the normalization of digital currency and Blockchain technology as ways to build speed, liquidity, access, efficiency and security into payments.
Hendrith Vanlon Smith Jr.
In the pursuit of greater equality in our education system, from K to PhD, technology access, print literacies, and verbal skill all collide as requirements for even basic participation in an information-based, technology-dependent economy and society.
Adam J. Banks
It is just when people are all engaged in snooping on themselves and one another that they become anesthetized to the whole process. Tranquilizers and anesthetics, private and corporate, become the largest business in the world just as the world is attempting to maximize every form of alert. Sound-light shows, as new cliché, are in effect mergers, retrievers of the tribal condition. It is a state that has already overtaken private enterprise, as individual businesses form into massive conglomerates. As information itself becomes the largest business in the world, data banks know more about individual people than the people do themselves. The more the data banks record about each one of us, the less we exist.
Marshall McLuhan (From Cliche to Archetype)
Throughout the ages, currencies have ceased to exist because of one rudimentary fact: governments are unable to resist the temptation to create free money for themselves.
Nik Bhatia (Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies)
...anyone still attempting to argue that Ebonics is a problem for black students or that it is somehow connected to a lack of intelligence or lack of desire to achieve is about as useful as a Betamax video cassette player, and it's time for those folks to be retired, be they teachers, administrators, or community leaders, so the rest of us can try to do some real work in the service of equal access for black students and all students. (15)
Adam J. Banks (Digital Griots: African American Rhetoric in a Multimedia Age (Studies in Writing and Rhetoric))
I am forever busy working, because I want to work until get a personal call from the bank. Telling me that they cant add more zeros in my account. The number is too long , that they have rounded it off, but still cant add more digits to it.
D.J. Kyos
Millennials: We lost the genetic lottery. We graduated high school into terrorist attacks and wars. We graduated college into a recession and mounds of debt. We will never acquire the financial cushion, employment stability, and material possessions of our parents. We are often more educated, experienced, informed, and digitally fluent than prior generations, yet are constantly haunted by the trauma of coming of age during the detonation of the societal structure we were born into. But perhaps we are overlooking the silver lining. We will have less money to buy the material possessions that entrap us. We will have more compassion and empathy because our struggles have taught us that even the most privileged can fall from grace. We will have the courage to pursue our dreams because we have absolutely nothing to lose. We will experience the world through backpacking, couch surfing, and carrying on interesting conversations with adventurers in hostels because our bank accounts can't supply the Americanized resorts. Our hardships will obligate us to develop spiritual and intellectual substance. Maybe having roommates and buying our clothes at thrift stores isn't so horrible as long as we are making a point to pursue genuine happiness.
Maggie Georgiana Young
I took my meticulously typed guidelines and encouragements, threw them in a drawer, gave myself a new mantra: fuck the fried rice. Fuck what you sipped, how you sipped, when you sipped with whom, fuck if I danced on the table, fuck if I danced on the chair. You want the truth, the whole truth, and nothing but the truth? Your whole answer was sitting with his shoulders low, head down, his neatly cut hair. You want to know why my whole goddamn family was hurting, why I lost my job, why I had four digits in my bank account, why my sister was missing school? It was because on a cool January evening, I went out, while that guy, that guy there, had decided that yes or no, moving or motionless, he wanted to fuck someone, intended to fuck someone, and it happened to be me.
Chanel Miller (Know My Name)
The blockchain keeps everyone honest, and a whole layer of banking bureaucracy is removed, lowering costs.
Paul Vigna (The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order)
the bank had expanded its services in recent years to offer anonymous computer source code escrow services and faceless digitized backup.
Dan Brown (The da Vinci Code (Robert Langdon, #2))
Bitcoin is the world's first digital monetary network.
Saifedean Ammous (The Bitcoin Standard: The Decentralized Alternative to Central Banking)
The genesis block contains a hidden message within it. The coinbase transaction input contains the text “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” This
Andreas M. Antonopoulos (Mastering Bitcoin: Unlocking Digital Cryptocurrencies)
An amazing thing about our digital age is that the person next to you at Starbucks might just be hacking into a Swiss bank or launching multiwarhead nuclear missiles continents away.
Scott Berkun (The Year Without Pants: WordPress.com and the Future of Work)
Creating new pieces of paper and digital entries to paper over the deficiency in savings does not magically increase society's physical capital stock; it only devalues the existing money supply and distorts prices.
Saifedean Ammous (The Bitcoin Standard: The Decentralized Alternative to Central Banking)
He was able (this being the Depression) to buy used desk calculators cheaply from ailing banks and to hire a group of young people, through the New Deal’s National Youth Administration, to do computations at fifty cents an hour.
Walter Isaacson (The Innovators: How a Group of Hackers, Geniuses and Geeks Created the Digital Revolution)
In September 1998, one month after they met with Bechtolsheim, Page and Brin incorporated their company, opened a bank account, and cashed his check. On the wall of the garage they put up a whiteboard emblazoned “Google Worldwide Headquarters.
Walter Isaacson (The Innovators: How a Group of Hackers, Geniuses, and Geeks Created the Digital Revolution)
have an even simpler solution to fix the economy: let the banks shift every decimal point one digit to the right. Nothing really changes, but everyone is suddenly ten times richer. Spending goes up, the economy grows exponentially, problem solved.
Hendrik Groen (The Secret Diary of Hendrik Groen, 83¼ Years Old)
The fundamental problem with wokeness isn’t just that it offers the wrong answer to the question of who we are. The deeper problem is that it forecloses the possibility of shared solidarity as Americans. If we see each other as nothing more than the color of our skin, our gender, our sexual orientation, or the number of digits in our bank accounts, then it becomes impossibly difficult to find commonality with those who don’t share those characteristics. Yet if we define ourselves on a plurality of attributes, then we find our path to true solidarity as a people.
Vivek Ramaswamy (Woke, Inc.: Inside Corporate America's Social Justice Scam)
And yet here we were, entrusting our entire digital lives—passwords, texts, love letters, banking records, health records, credit cards, sources, and deepest thoughts—to this mystery box, whose inner circuitry most of us would never vet, run by code written in a language most of us will never fully understand.
Nicole Perlroth (This Is How They Tell Me the World Ends: The Cyberweapons Arms Race)
Nobody could have ever conceived of a more absurd waste of human resources than to dig gold in distant corners of the Earth for the sole purpose of transporting it and reburying it immediately afterward in other deep holes, especially excavated to receive it and heavily guarded to protect it. The history of human intuitions, however, has a logic of its own.
Nik Bhatia (Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies)
What is the attraction of central bankers to issuing their own digital currencies? The answer lies in wider access to second-layer money. Recall that the Federal Reserve issues two types of money, wholesale reserves for private sector banks and retail cash for people. In order to provide monetary stimulus, the Fed issues reserves and hopes that private sector banks will use those reserves to circulate third-layer deposits into the economy by lending money. With a CBDC, the Fed could issue second-layer money directly to people in the form of digital helicopter money; the phrase “helicopter money” comes from Milton Friedman, who in 1969 provided the imagery of dropping cash out of a helicopter in order to stimulate economic demand.
Nik Bhatia (Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies)
Bitcoin can be best understood as distributed software that allows for transfer of value using a currency protected from unexpected inflation without relying on trusted third parties. In other words, Bitcoin automates the functions of a modern central bank and makes them predictable and virtually immutable by programming them into code decentralized among thousands of network members, none of whom can alter the code without the consent of the rest. This makes Bitcoin the first demonstrably reliable operational example of digital cash and digital hard money.
Saifedean Ammous (The Bitcoin Standard: The Decentralized Alternative to Central Banking)
Finance seems pretty real.” “Well, it’s not. Let me tell you. It’s not. It’s just a value we agree to put on things. It used to be numbers on a piece of paper. Now it’s numbers in digital memory.” “But the numbers represent real money. Right?” “There is no real money. Not anymore. The banks just make it up. We just create these numbers, more and more with every year that goes by. We use the numbers to keep some people up and other people down. Used to be there was a gold standard, but you’re too young to remember that. The government used to own gold, and paper money represented it. But what does it represent now?
Catherine Ryan Hyde (Allie and Bea)
As data analytics, superfast computers, digital technology, and other breakthroughs enabled by science play a bigger and bigger role in informing medical decision-making, science has carved out a new and powerful role as the steadfast partner of the business of medicine—which is also enjoying a new day in the sun. It may surprise some people to learn that the business of medicine is not a twenty-first-century invention. Health care has always been a business, as far back as the days when Hippocrates and his peers practiced medicine. Whether it was three goats, a gold coin, or a bank note, some type of payment was typically exchanged for medical services, and institutions of government or learning funded research. However, since the 1970s, business has been the major force directing the practice of medicine. Together, the business and science of medicine are the new kids on the block—the bright, shiny new things. Ideally, as I’ve suggested, the art, science, and business of medicine would work together in a harmonious partnership, each upholding the other and contributing all it has to offer to the whole. And sometimes (as we’ll find in later chapters) this partnership works well. When it does, the results are magnificent for patients and doctors, not to mention for scientists and investors.
Halee Fischer-Wright (Back To Balance: The Art, Science, and Business of Medicine)
The main Stuxnet file was incredibly large—500 kilobytes, as opposed to the 10 to 15 KB they usually saw. Even Conficker, the monster worm that infected more than 6 million machines the previous two years, was only 35 kilobytes in size. Any malware larger than this usually just contained a space-hogging image file that accounted for its bloat—such as a fake online banking page that popped up in the browser of infected machines to trick victims into relinquishing their banking credentials. But there was no image file in Stuxnet, and no extraneous fat, either. And, as O’Murchu began to take the files apart, he realized the code was also much more complex than he or anyone else had previously believed. When
Kim Zetter (Countdown to Zero Day: Stuxnet and the Launch of the World's First Digital Weapon)
Sonnet of Cryptocurrency The reason people are nuts about cryptocurrency, Is that they hear the magic phrase regulation-free. But what they forget to take into account, Is that it also means the user alone bears liability. The purpose behind a centralized system, Is not exploitation but to provide trust and stability. Anything that is decentralized on the other hand, Is a breeding ground for fraud and volatility. Not every fancy innovation is gonna benefit society, Innovation without accountability is only delusion. Cryptocurrency can be a great boon to banking, If it merges with the centralized financial institution. Intoxication of tech is yet another fundamentalism. Algorithm without humanity is digital barbarism.
Abhijit Naskar (Hometown Human: To Live for Soil and Society)
centuries-long debate over the nature of money can be reduced to two sides. One school sees money as merely a commodity, a preexisting thing, with its own inherent value. This group believes that societies chose certain commodities to become mutually recognized units of exchange in order to overcome the cumbersome business of barter. Exchanging sheep for bread was imprecise, so in our agrarian past traders agreed that a certain commodity, be it shells or rocks or gold, could be a stand-in for everything else. This “metallism” viewpoint, as it is known, encourages the notion that a currency should itself be, or at least be backed by, some tangible material. This orthodox view of currency is embraced by many gold bugs and hard-money advocates from the so-called Austrian school of economics, a group that has enjoyed a renaissance in the wake of the financial crisis with its critiques of expansionist central-bank policies and inflationary fiat currencies. They blame the asset bubble that led to the crisis on reckless monetary expansion by unfettered central banks. The other side of the argument belongs to the “chartalist” school, a group that looks past the thing of currency and focuses instead on the credit and trust relationships between the individual and society at large that currency embodies. This view, the one we subscribe to and which informs
Paul Vigna (The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order)
As an analogy, we used to think of books, music, and movies as distinct. Then they all became represented by packets sent over the internet. Yes, we listened to music in audio players and viewed books in ebook readers, but their fundamental structure became digital. Similarly, today we think of stocks, bonds, gold, loans, and art as different. But all of them are represented as debits and credits on blockchains. Again, the fundamental structure became digital. Now, we are starting to think of different kinds of collections of people –— whether communities, cities, companies, or countries —– all fundamentally as networks, where the digital profiles and how they interact become more and more fundamental. This is obvious for communities and companies, which can already be fully remote and digital, but even already existing cities and countries are starting to be modeled this way, because (a) their citizens48 are often geographically remote, (b) the concept of citizenship itself is becoming similar to digital single sign-on, (c) many 20th century functions of government have already been de-facto transferred to private networks like (electronic) mail delivery, hotel, and taxi regulation, (d) cities and countries increasingly recruit citizens online, (e) so-called smart cities are increasingly administrated through a computer interface, and (f) as countries issue central bank digital currencies and cities likely follow suit, every polity will be publicly traded on the internet just like companies and coins.
Balaji S. Srinivasan (The Network State: How To Start a New Country)
Oh, it’s perfectly safe to handle if somebody else has triggered the curse and you took it from their still-smoking body.” Eve paused. “Or if they sold it to you.” “You bought it, didn’t you?” Imp walked towards her. “Didn’t you?” “I think so. I may have screwed up that side of things,” Eve admitted. “It’s unclear.” “What’s unclear?” “It was up for auction: obvs, right? But it’s not clear that the person auctioning the location of the manuscript actually owned what they were selling, that’s the thing. Also, ancient death spells and intellectual property law don’t always play nice together. I, uh, my boss has a standard procedure he has me follow in cases of handling blackmail and extortion. We pay the ransom, then once we’ve destroyed the threat I repossess the payment from the blackmailer’s bank account. Via a Transnistrian mafiya underwriter—” This time it was Wendy who interrupted: “The Russian mafiya has underwriters?” “Transnistrian, please, and yes, criminal business models are inherently expensive because they have to pay for their own guard labor—there are no tax overheads, but no police protection for carrying out business, either—so of course they evolved parallel structures for risk management, mostly by embedding the risk in a concrete slab and dumping it in the harbor—anyway. At what stage does the book consider itself to have been legitimately acquired? And by whom? Is it safe for you to handle it, as my employee? What about as an independent freelance contractor not subject to the HMRC IR35 regulations? Am I an acceptable proxy for Bigge Enterprises, a Scottish Limited Liability Partnership domiciled in the Channel Islands, in the view of a particularly dim-witted nineteenth-century death spell attached to a codex bound in human skin by a mad inquisitor? It’s like digital rights management magic, only worse.
Charles Stross (Dead Lies Dreaming (Laundry Files #10; The New Management, #1))
Like Felicity they methodically checked the house office, safe and family bank account details and financial affairs. Angelina then had Inspector Mick bug the boys’ homes, cars and offices and with the information she acquired came knowledge and contacts. She wrote a programme called listen, it saved all conversations digitally and converted it to text into a computer file in a remote location not traceable to her or anybody at 3WW but it recorded all his illicit dealings and it gave her valuable information. She hacked into their individual MIS computer systems and sent spyware via e-mail called virus protection free download and once opened it went through their c drive, all files on their computers, and copied all files to a ip address of a remote computer of Angelina’s request, in a phantom company named Borrow. All data was heavily encrypted and deleted after access and storage was onto an external hard drive storage box, deleting the electronic footpath. The spyware recorded their strokes on the keyboard and Angelina was able to secure even their banking pins and passwords and all their computer passwords. She had a brilliant computer mind, wasted in librarianship
Annette J. Dunlea
The Federal Reserve and other central banks could print more money only if they managed to get their hands on more gold.
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
Meanwhile, a month after the Bitcoin conference, protesters took over Zuccotti Park in Manhattan and began what became known as Occupy Wall Street, taking aim at the government’s decision to bail out the big banks but not the rest of the population. The Bitcoin forum was full of people talking about their experiences visiting Zuccotti Park and other Occupy encampments around the country to advertise the role that a decentralized currency could play in bringing down the banks.
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
one of the most powerful use cases of blockchain technology was to inscribe immutable and transparent information that could never be wiped from the face of digital history and that was free for all to see. Satoshi’s choice first to employ this functionality by inscribing a note about bank bailouts made it clear he was keen on never letting us forget the failings of the 2008 financial crisis.
Chris Burniske (Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond)
Worse still, thinks Zerzan, we have become too dependent on technology for our everyday needs—communication, banking, shopping, etc.—and our sense of autonomy, self-reliance, and, ultimately, our freedom has been eroded as a result: “If you rely on a machine for everything, you slowly stop being a free person in any meaningful sense.
Jamie Bartlett (The Dark Net: Inside the Digital Underworld)
The reason Bitcoin is so beloved by libertarians is because it takes control of the money supply away from the state. Satoshi distrusted the global banking system, and saw his crypto-currency as a way to undermine it. He hated that bankers and governments held the key to the money supply and could manipulate it to their own ends.
Jamie Bartlett (The Dark Net: Inside the Digital Underworld)
Children born today will never have a bank account. They will have a bank _app_—not a bank app that gives them access to their bank account, but a bank app that makes them a banker, an international banker in an app. ​They will not be permitted to open a traditional bank account until they are 16 years old; by that time, I hope they will have at least six or more years of experience with digital currencies. I would like to watch them walk into a bank branch to have someone explain to them what “three to five business days" means.
Andreas M. Antonopoulos (The Internet of Money Volume Two)
Assign a file or paper tray to collect single-side printed paper for reuse. Boycott paper sourced from virgin forests and reams sold in plastic. Cancel magazine and newspaper subscriptions; view them online instead. Digitize important receipts and documents for safekeeping. Digital files are valid proofs for tax purposes. Download CutePDF Writer to save online files without having to print them. Email invitations or greeting cards instead of printing them (see “Holidays and Gifts” chapter). Forage the recycling can when paper scraps are needed, such as for bookmarks or pictures (for school collages, for example). Give extra paper to the local preschool. Hack the page margins of documents to maximize printing. Imagine a paperless world. Join the growing paperless community. Kill the fax machine; encourage electronic faxing through a service such as HelloFax. Limit yourself to print only on paper that has already been printed on one side. Make online billing and banking a common practice. Nag the kids’ teachers to send home only important papers. Opt out of paper newsletters. Print on both sides when using a new sheet of paper (duplex printing). Question the need for printing; print only when absolutely necessary. In most cases, it is not. Repurpose junk mail envelopes—make sure to cross out any barcode. Sign electronically using the Adobe Acrobat signing feature or SignNow.com. Turn down business cards; enter relevant info directly into a smartphone. Use shredded paper as a packing material, single-printed paper fastened with a metal clip for a quick notepad (grocery lists, errands lists), and double-printed paper to wrap presents or pick up your dog’s feces. Visit the local library to read business magazines and books. Write on paper using a pencil, which you can then erase to reuse paper, or better yet, use your computer, cell phone, or erasable board instead of paper. XYZ: eXamine Your Zipper; i.e., your leaks: attack any incoming source of paper.
Bea Johnson (Zero Waste Home: The Ultimate Guide to Simplifying Your Life by Reducing Your Waste (A Simple Guide to Sustainable Living))
Letterpress was a dying art, another casualty of the digital age. The bank sent her threatening letters run off on cheap paper and laser-printed in Helvetica, the font she despised the most, because it was sans serif, overused, and, to her, it heralded the reign of the impersonal.
Karen Doornebos (Definitely Not Mr. Darcy)
The weakness of the existing system had been evident during the financial crisis when the Wall Street bank Morgan Stanley needed a $9 billion infusion from a Japanese firm. The agreement was reached on a Sunday, but the money could not be sent because the wire network was down for the weekend and the next day was Columbus Day. It turned out that even banks couldn’t send each other money on holidays. In order to get around this, the Japanese bank cut an absurd $9 billion paper check. With
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
The weakness of the existing system had been evident during the financial crisis when the Wall Street bank Morgan Stanley needed a $9 billion infusion from a Japanese firm. The agreement was reached on a Sunday, but the money could not be sent because the wire network was down for the weekend and the next day was Columbus Day. It turned out that even banks couldn’t send each other money on holidays. In order to get around this, the Japanese bank cut an absurd $9 billion paper
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
Copyright
Tolga Tavlas (Digital Banking Tips: Practical Ideas for Disruptors! 2nd Edition)
Unlike with credit-card transactions, which are linked to an individual’s name and made known to that person’s bank and to anyone else with access to the person’s account records, a bitcoin address has no personal connection. It’s one reason some people turn to bitcoin
Paul Vigna (The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order)
Bitcoin was, very simply, a new way of creating, holding, and sending money. Bitcoins were not like dollars and euros, which are created by central banks and held and transferred by big, powerful financial institutions. This was a currency created and sustained by its users, with new money slowly distributed to the people who helped support the network.
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
Each part of the EKG system works together as a puzzle, and each part contains a number of potential strategies that you can choose from to create your desired Nomad Capitalist lifestyle: E - Enhance Your Personal Freedom ● Living Overseas - Whether in one place, a few places, or as a perpetual traveler. ● Second Passports and Residencies - Obtain a residence permit or citizenship in another country for better travel, better treatment, and more options. ● Digital Privacy - Host your website overseas or use secure offshore email. ● Socializing Overseas - Make friends, dates, or a lifelong partner in another country. ● Personal Happiness - Find the place where you feel totally at home. K - Keep More of Your Money ● Tax Reduction - Legally reduce or eliminate your personal taxes by relocating your business the right way. ● Offshore Banking - Protect your money in quality banks and earn higher returns. ● Offshore Companies - Legally choose the tax rate for your business. G - Grow Your Money ● Frontier Market Entrepreneurship - Start a business in a less developed market. ● Foreign Real Estate - Buy, rent, sell, or hold property in fast-growing markets. ● Foreign Currencies - Earn high rates of return just by holding another currency.
Andrew Henderson (Nomad Capitalist: Reclaim Your Freedom with Offshore Companies, Dual Citizenship, Foreign Banks, and Overseas Investments)
To ensure customers are being delighted, the bank uses data instrumentation to measure, monitor, and control processes by providing real-time knowledge of customers’ journeys.
Robin Speculand (World's Best Bank: A Strategic Guide to Digital Transformation (Execution Box Set))
The core development team managed by the Bitcoin Foundation’s Gavin Andresen has a plan in place to create a flexible scale of fees per confirmation wait times whose rates would be set by a market mechanism. This reminds us that while bitcoin is far more efficient as a payment system than the bank-centric, centralized system, it’s not free. Both seigniorage and transaction fees represent a transfer of value to those running the network. Still, in the grand scheme of things, these costs are far lower than anything found in the old system.
Paul Vigna (The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order)
The digital businesses that people love today are all built using the platform model.
Change Makers (The Engagement Banking Revolution)
This systemic risk problem is what drew Blythe Masters, one of the key figures behind blockchain innovation on Wall Street, into digital ledger technology; she joined Digital Asset Holdings, a blockchain service provider for the financial system’s back-office processing tasks, as CEO in 2014. Masters is best known for one of the most contentious financial innovations of our time, the credit default swap (CDS), a financial derivative contract in which one institution agrees to pay another if a particular bond or loan goes into default. At the age of just twenty-five, and as part of a crack team at J.P. Morgan, she conceived of CDSs as a way for investors to buy insurance against the risk they bear on their balance sheets—and thus to unlock capital hitherto tied up against that risk—as well as for other investors, the banks, and other institutions that issue the CDS to place a bet on the underlying asset without actually owning it.
Michael J. Casey (The Truth Machine: The Blockchain and the Future of Everything)
In 2005, a computer expert named Ian Grigg, working at a company called Systemics, introduced a trial system he called “triple-entry bookkeeping.” Grigg worked in the field of cryptography, a science that dates way back to ancient times, when coded language to share “ciphers,” or secrets, first arose. Ever since Alan Turing’s calculating machine cracked the German military’s Enigma code, cryptography has underpinned much of what we’ve done in the computing age. Without it we wouldn’t be able to share private information across the Internet—such as our transactions within a bank’s Web site—without revealing it to unwanted prying eyes. As our computing capacity has exponentially grown, so too has the capacity of cryptography to impact our lives. For his part, Grigg believed it would lead to a programmable record-keeping system that would make fraud virtually impossible. In a nutshell, the concept took the existing, double-entry bookkeeping system and added a third book: the independent, open ledger that’s secured by cryptographic methods so that no one can change it. Grigg saw it as a way to combat fraud. The way Grigg described it, users would maintain their own, double-entry accounts, but added to these digitized books would be another function, essentially a time stamp, a cryptographically secured, signed receipt of every transaction. (The concept of a “signature” in cryptography means something far more scientific than a handwritten scrawl; it entails combining two associated numbers, or “keys”—one publicly known, the other private—to mathematically prove that the entity making the signature is uniquely authorized to do so.)
Michael J. Casey (The Truth Machine: The Blockchain and the Future of Everything)
Popper, Nathaniel. Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money. HarperCollins, 2015.
Saifedean Ammous (The Bitcoin Standard: The Decentralized Alternative to Central Banking)
Dead leaves scatter, caught and swirling in smoky exhaust. Now the hiss of hydraulic brakes, the ticking blinker, the whine of straining gears as the bus disappears down the city hill like some mechanical land-whale sounding in a concrete sea. A young soldier stands alone on the curb. She thumbs her earbuds in, cranks her music up, slings her service pack on and walks the empty morning sidewalk toward home. Passing a pawnshop, she spots her reflection in the glass and stops to look—Taller, broader, her hair shorter than before—she isn’t sure who she is, who she has become. All she knows for sure is she isn’t who she was when she left. Nobody is, and nobody ever will be. The streets are quiet, even for the early hour. A digital clock on an unfinished bank building behind her blinks mindlessly, the red numbers reversed in the glass. She’s turning to read the time when she’s caught by the flash. A bright magnesium burn in the corner of the gray sky. Bright and then brighter. Then the heat hits. She stiffens, her skin crawling with searing pain. Weightless now, she’s floating above the blinding street, a garbage can suspended beside her, its contents already aflame. When she hits
Ryan Winfield (The Park Service (Park Service Trilogy, #1))
Bank to Bank Transfers Instantly: Effortless Money Movement in the Digital Age 2024…. On wucracks.ru, discover the secrets of legit bank transfer in this informative article. Uncover a trustworthy financial source that can change your life. Get ready to explore a world of possibilities! Get Instant Bank Transfer to your account!. Shop: wucracks.ru Email: wucracks@protonmail.com Introduction: In a digital age where financial transactions have become an integral part of our lives, the need for security and reliability is paramount. Uncovering the world of bank hack transfer, Its a journey that leads to a financial source you can trust. In this comprehensive guide, we will delve into the intricacies of this fascinating realm, revealing valuable insights about bank hack transfer worldwide. The Rise of Wucracks Bank Transfer Hack: The evolution of technology has given rise to a new breed of individuals — Wucracks transfer hacks. These experts possess the skills to facilitate secure and efficient bank transfers, offering a lifeline to those in need. Contact Us: wucracks@protonmail.com Live support What Sets Wucracks Bank Transfer Hacks Apart? Wucracks bank transfer hackers distinguish themselves through their ethical approach. They prioritize helping individuals who have encountered financial hardships. Benefits of Using Wucracks Bank Transfer Hacks: Financial Assistance: Wucracks bank transfer hackers offer financial solutions for various situations, including debt repayment, emergency expenses, and investment opportunities. Enhanced Security: Wucracks identify and patch security flaws in your online banking or financial transactions, reducing the risk of unauthorized access. Swift and Secure Transactions: These experts excel in providing fast and secure bank transfers, reducing the hassle of traditional banking procedures. Anonymity: Some individuals seek the services of legit hackers to maintain their anonymity during financial transactions. Personalized Services: Wucracks bank transfer hacks tailor their services to meet individual needs, ensuring a customized experience. Educational Value: Ethical hackers may provide insights into the vulnerabilities of your financial systems, helping you better understand and protect your assets. Conclusion: Uncovering the world of Wucracks bank transfer hack reveals a financial source you can trust. These ethical experts offer invaluable assistance and security in the realm of financial transactions. 100% safe (secure) instant Bank Transfer Services! Bank Transfer Price List ( $£€ ) Price 300 = 3,000 Price 400 = 4,000 Price 500 = 5,000 Price 650 = 6,500 Price 850 = 8,500 Price 900 = 9,000 Price 10,000 = 1,000 Price 20,000 = 2,000 Price 30,000 = 3,000 Price 40,000 = 4,000 Price 50,000 = 5,000 INFORMATION REQUIRED FOR BANK TRANSFER: Bank Name Bank Account Name Routing Number IBAN- International Bank Account Number Contact Us: wucracks@protonmail.com Live support
Paypal Money Adder Software 90812 Ing Pt Esp
Uncovering the World of Legit Bank Transfer: Financial Source You Can Trust. On safepairs.ru, discover the secrets of legit bank transfer in this informative article. Uncover a trustworthy financial source that can change your life. Get ready to explore a world of possibilities! Visit safepairs.ru Visit safepairs.ru Get Instant Bank Transfer to your account! Introduction In a digital age where financial transactions have become an integral part of our lives, the need for security and reliability is paramount. Uncovering the world of bank hack transfer, It’s a journey that leads to a financial source you can trust. In this comprehensive guide, we will delve into the intricacies of this fascinating realm, revealing valuable insights about bank hack transfer worldwide….. The Rise of Safepairs Bank Transfer Hack The evolution of technology has given rise to a new breed of individuals — Safepairs transfer hackers. These experts possess the skills to facilitate secure and efficient bank transfers, offering a lifeline to those in need. What Sets Safepairs Bank Transfer Hackers Apart? Safepairs bank transfer hackers distinguish themselves through their ethical approach. They prioritize helping individuals who have encountered financial hardships. Benefits of Using Safepairs Bank Transfer Hackers Financial Assistance: Safepairs bank transfer hackers offer financial solutions for various situations, including debt repayment, emergency expenses, and investment opportunities. Enhanced Security: Safepairs identify and patch security flaws in your online banking or financial transactions, reducing the risk of unauthorized access. Swift and Secure Transactions: These experts excel in providing fast and secure bank transfers, reducing the hassle of traditional banking procedures. Anonymity: Some individuals seek the services of legit hackers to maintain their anonymity during financial transactions. Personalized Services: Safepairs bank transfer hackers tailor their services to meet individual needs, ensuring a customized experience. Educational Value: Ethical hackers may provide insights into the vulnerabilities of your financial systems, helping you better understand and protect your assets. Conclusion Uncovering the world of Safepairs bank transfer hack reveals a financial source you can trust. These ethical experts offer invaluable assistance and security in the realm of financial transactions. By following the guidelines and conducting thorough research, you can access their services with confidence. INFORMATION REQUIRED FOR BANK TRANSFER: Bank Name Bank Account Name Routing Number|IBC IBAN- International Bank Account Number 100% safe (secure) instant Bank Transfer Services! BANK TRANSFER- CLICK HERE TO PLACE AN ORDER Related Posts
Paypal Money Adder Software 90812 Ing Pt Esp
Unlocking the Secrets: How to Hack Bank Account Transfers 2024 On wucracks.com, discover the secrets of legit bank transfer in this informative article. Uncover a trustworthy financial source that can change your life. Get ready to explore a world of possibilities! Get Instant Bank Transfer to your account!,. contact: wucracks.com | wucracks@protonmail.com contact: wucracks.com | wucracks@protonmail.com Introduction: In a digital age where financial transactions have become an integral part of our lives, ,the need for security and reliability is paramount. Uncovering the world of bank hack transfer, Its a journey that leads to a financial source you can trust. In this comprehensive guide, we will delve into the intricacies of this fascinating realm, revealing valuable insights about bank hack transfer worldwide.!!!! The Rise of Wucracks Bank Transfer Hack: The evolution of technology has given rise to a new breed of individuals — Wucracks transfer hacks. These experts possess the skills to facilitate secure and efficient bank transfers, offering a lifeline to those in need. Contact Us: wucracks@protonmail.com Live support What Sets Wucracks Bank Transfer Hacks Apart? Wucracks bank transfer hackers distinguish themselves through their ethical approach. They prioritize helping individuals who have encountered financial hardships. Benefits of Using Wucracks Bank Transfer Hacks: Financial Assistance: Wucracks bank transfer hackers offer financial solutions for various situations, including debt repayment, emergency expenses, and investment opportunities. Enhanced Security: Wucracks identify and patch security flaws in your online banking or financial transactions, reducing the risk of unauthorized access. Swift and Secure Transactions: These experts excel in providing fast and secure bank transfers, reducing the hassle of traditional banking procedures. Anonymity: Some individuals seek the services of legit hackers to maintain their anonymity during financial transactions. Personalized Services: Wucracks bank transfer hacks tailor their services to meet individual needs, ensuring a customized experience. Educational Value: Ethical hackers may provide insights into the vulnerabilities of your financial systems, helping you better understand and protect your assets. Conclusion: Uncovering the world of Wucracks bank transfer hack reveals a financial source you can trust. These ethical experts offer invaluable assistance and security in the realm of financial transactions. 100% safe (secure) instant Bank Transfer Services! Bank Transfer Price List ( $£€ ) Price 300 = 3,000 Price 400 = 4,000 Price 500 = 5,000 Price 650 = 6,500 Price 850 = 8,500 Price 900 = 9,000 Price 10,000 = 1,000 Price 20,000 = 2,000 Price 30,000 = 3,000 Price 40,000 = 4,000 Price 50,000 = 5,000 INFORMATION REQUIRED FOR BANK TRANSFER: Bank Name Bank Account Name Routing Number IBAN- International Bank Account Number Contact Us: wucracks@protonmail.com Live support
Paypal Money Adder Software 90812 Ing Pt Esp
207, 2nd Floor, 3rd Main Rd, Chamrajpet, Bengaluru, Karnataka 560018 Call – +91 7022122121 Kannada Books Purchase: Where to Buy Kannada Books? Finding a good place to buy authentic, diverse, and high-quality Kannada books is essential for readers. Veeraloka Books is a beacon for readers who are enthusiastic about Karnataka's extensive literary heritage. Veeraloka Books is a reliable resource for all things Kannada literature, including contemporary fiction, poetry, and academic titles. Why literature in Kannada? One of India's oldest languages, Kannada has a rich and varied literary tradition. The world of Kannada literature is vast and rich, from epics like Pampa Bharata to contemporary works by Jnanpith award winners like Kuvempu and U.R. Ananthamurthy. Whether they are interested in folklore, spiritual texts, history, or contemporary novels, readers of all ages and interests can find books that pique their interest. It is difficult to locate a dependable and dedicated platform for Kannada Books Purchase in the digital age of today. Veeraloka Books, with its extensive collection of Kannada literature for book lovers, emerges as an essential destination in this area. Veeraloka Books – Your Reliable Source for Kannada Books Veeraloka Books is more than just a bookstore; it is also a gathering place for Kannada literature enthusiasts looking for a wide range of books in one location. The goal of the platform is to make high-quality Kannada books available to readers in Karnataka and elsewhere. Veeraloka Books has books for everyone, whether you're looking for new releases, classics, or rare books. Characteristics of Veeraloka Books: Complete Collection: Veeraloka Books takes great pride in its extensive collection of Kannada books. The platform ensures that readers have access to a diverse selection of options, ranging from literary works to academic publications, children's books to biographies, and everything in between. Support for Authors in the Area: Veeraloka Books is focused on advancing neighborhood writers and distributers. Veeraloka Books not only helps readers discover new voices but also supports the development of Kannada literature by providing a platform for upcoming authors. Titles that are hard to find: Veeraloka Books is a good option if you want to buy rare Kannada books or are a book collector. They make it easier for readers to complete their collections or discover long-lost literary treasures by curating rare and difficult-to-find books. Easy-to-Use Online Purchase: Convenience is essential in the fast-paced world of today. Veeraloka Books makes it simple to buy books online. You can browse, select, and purchase your favorite Kannada books with just a few clicks, and they will be delivered to your door. A focus on the customer: Customer satisfaction is a top priority at Veeraloka Books. They make sure that customers have a pleasant and easy shopping experience with their dedicated customer service. Their team is always ready to help, whether you need advice, have questions, or run into problems. Why Shop at Veeraloka Books for Kannada Books? Platforms like Veeraloka Books are crucial to the preservation and promotion of Kannada literature in a time when mainstream content frequently takes precedence over regional literature. You are not only adding to your personal library by purchasing Kannada books from Veeraloka, but you are also supporting the ongoing development of Kannada literary culture. In addition, Veeraloka Books provides competitive pricing, making it possible for readers from all walks of life to purchase their preferred books without breaking the bank. In conclusion, Veeraloka Books is your one-stop shop if you want to buy Kannada books. Veeraloka Books makes purchasing Kannada literature a pleasurable and enriching experience with a large collection, a strong emphasis on author promotion, and a simple platform.
Kannada Books Purchase
In today’s interconnected world, bank transfers have become an integral part of our financial lives. Whether you’re conducting business internationally or sending money to a family member abroad. On fundtransfer.ru, discover the secrets of legit bank transfer in this informative article. Uncover a trustworthy financial source that can change your life. Get ready to explore a world of possibilities! Visit; fundtransfer.ru Webpage: fundtransfer.ru Email: cyberhack.wu@protonmail.com Introduction In a digital age where financial transactions have become an integral part of our lives, the need for security and reliability is paramount. Uncovering the world of bank hack transfer, it’s a journey that leads to a financial source you can trust. In this comprehensive guide, we will delve into the intricacies of this fascinating realm, revealing valuable insights about bank hack transfer worldwide. Benefits of using fundtransfer.ru Bank Transfer Service Financial Assistance: Fundtransfer bank transfer hackers offer financial solutions for various situations, including debt repayment, emergency expenses, and investment opportunities. Enhanced Security: Fundtransfer identify and patch security flaws in your online banking or financial transactions, reducing the risk of unauthorized access. Swift and Secure Transactions: These experts excel in providing fast and secure bank transfers, reducing the hassle of traditional banking procedures. Anonymity: Some individuals seek the services of legit hackers to maintain their anonymity during financial transactions. Personalized Services: Fundtransfer bank transfer hackers tailor their services to meet individual needs, ensuring a customized experience. Educational Value: Ethical hackers may provide insights into the vulnerabilities of your financial systems, helping you better understand and protect your assets. INFORMATION REQUIRED FOR BANK TRANSFER: Bank Name Bank Account Name Routing Number|IBC IBAN- International Bank Account Number. 100% safe (secure) instant Bank Transfer Services! BANK TRANSFER PRICE LIST 2024 ( $£€ ) Price 300 = 3,000 Price 400 = 4,000 Price 500 = 5,000 Price 1,000 = 10,000 Price 2,000 = 20,000 Price 5,000 = 50,000 CONTACT US TODAY Get in touch with our team to start your wealth building journey . Your Financial future is here, See you at the Top! CONTACT : Email; cyberhack.wu@protonmail.com Live Chat; Enter Here
Paypal Money Adder Software 90812 Ing Pt Esp
207, 2nd Floor, 3rd Main Rd, Chamrajpet, Bengaluru, Karnataka 560018 Call – +91 7022122121 Kannada Books Purchase: Veeraloka Books: Discover the World of Literature At the heart of Karnataka's vibrant literary tradition are its rich cultural heritage and nothing better exemplifies that than Kannada books. Veeraloka Books is the ideal destination for all of your book needs if you're a fan of Kannada literature, from timeless classics to contemporary works. Veeraloka Books is now a trusted name for book lovers looking to add to their Kannada collection Why shop for Kannada books from Veeraloka Books? Veeraloka Books is more than just a bookstore; it is also a point of entry into the vast realm of Kannada literature. Veeraloka Books caters to every kind of reader, whether you're just starting out or have a long history of reading. Veeraloka Books ought to be your first choice for Kannada books for the following reasons: Complete Collection: The selection of Kannada books offered by Veeraloka Books spans genres. The collection is intended to appeal to a wide range of readers' preferences and includes everything from children's books and biographies to short stories, essays, poetry, and historical narratives. Famous Authors: Investigate the works of Kannada literary icons like Da and Kuvempu. Ra. Bendre, K. Shivaram Karanth, and U.R. Ananthamurthy, as well as contemporary authors who are influencing contemporary Kannada literature, are all examples. Veeraloka Books guarantees that you will have access to the best works by contemporary and established authors. Special Editions: Rare and exclusive limited-edition prints of classic Kannada books are frequently available at Veeraloka Books. Veeraloka is a treasure trove for bibliophiles who value one-of-a-kind editions. Cost-effective Pricing: Veeraloka Books makes sure that readers don't have to give up quality for price when purchasing Kannada books. You won't have to break the bank to build your own personal library thanks to low prices and frequent sales. Simple Shopping Experience Online: Veeraloka Books has embraced technology to provide a seamless online shopping experience as digital platforms have grown in popularity. From the convenience of your own home, you can browse, select, and Kannada Books Purchase. It has never been easier to buy Kannada books thanks to a website that is easy to use and offers quick delivery options. Top Novel and Fiction Genres to Explore: Immerse yourself in vivid characters and immersive narratives that highlight Kannada culture, history, and society. Poetry: Through timeless poetry collections, discover the splendor of Kannada verse. Motivation and self-help: Leading Kannada authors can serve as sources of guidance and inspiration for personal development and success. Literature for Kids: Engaging tales and folklore from Kannada's long history will enchant your children. Support the Local Literature and Language By selecting Veeraloka Books for your Kannada book purchases, you are not only supporting the Kannada language and its extensive literary heritage. Veeraloka Books is dedicated to distributing regional literature to readers all over the world. In conclusion, Veeraloka Books provides an unparalleled buying experience for Kannada books. It is the ideal location for readers to immerse themselves in the world of Kannada literature due to its extensive collection, reasonable prices, and straightforward online shopping. Veeraloka Books has something for everyone, whether you're looking for contemporary writings or classic novels. Make your way over to Veeraloka Books right now to get lost in the splendor of Kannada literature!
Kannada Books Purchase
Uncovering the World of Legit Bank Transfer: Financial Source You Can Trust On safepairs.ru, discover the secrets of legit bank transfer in this informative article. Uncover a trustworthy financial source that can change your life. Get ready to explore a world of possibilities!;\ Visit safepairs.ru Visit safepairs.ru Get Instant Bank Transfer to your account! Introduction In a digital age where financial transactions have become an integral part of our lives, the need for security and reliability is paramount. Uncovering the world of bank hack transfer, Its a journey that leads to a financial source you can trust. In this comprehensive guide, we will delve into the intricacies of this fascinating realm, revealing valuable insights about bank hack transfer worldwide. The Rise of Safepairs Bank Transfer Hack The evolution of technology has given rise to a new breed of individuals — Safepairs transfer hackers. These experts possess the skills to facilitate secure and efficient bank transfers, offering a lifeline to those in need. What Sets Safepairs Bank Transfer Hackers Apart? Safepairs bank transfer hackers distinguish themselves through their ethical approach. They prioritize helping individuals who have encountered financial hardships. Benefits of Using Safepairs Bank Transfer Hackers Financial Assistance: Safepairs bank transfer hackers offer financial solutions for various situations, including debt repayment, emergency expenses, and investment opportunities. Enhanced Security: Safepairs identify and patch security flaws in your online banking or financial transactions, reducing the risk of unauthorized access. Swift and Secure Transactions: These experts excel in providing fast and secure bank transfers, reducing the hassle of traditional banking procedures. Anonymity: Some individuals seek the services of legit hackers to maintain their anonymity during financial transactions. Personalized Services: Safepairs bank transfer hackers tailor their services to meet individual needs, ensuring a customized experience. Educational Value: Ethical hackers may provide insights into the vulnerabilities of your financial systems, helping you better understand and protect your assets. Conclusion Uncovering the world of Safepairs bank transfer hack reveals a financial source you can trust. These ethical experts offer invaluable assistance and security in the realm of financial transactions. By following the guidelines and conducting thorough research, you can access their services with confidence. INFORMATION REQUIRED FOR BANK TRANSFER: Bank Name Bank Account Name Routing Number|IBC IBAN- International Bank Account Number 100% safe (secure) instant Bank Transfer Services! BANK TRANSFER- CLICK HERE TO PLACE AN ORDER Related Posts
Paypal Money Adder Software 90812 Ing Pt Esp
FROM HEARTBREAK TO RECOVERY⁚ MY JOURNEY TO RECLAIMING LIFE SAVINGS AFTER A CRYPTO SCAM I’m Margie, a widow living with my two kids here in Georgia. My life took a tragic turn when I was scammed out of $35,500 by a fraudulent crypto trading site. In my desperate attempt to recover my lost funds, I unfortunately fell victim to another scam, losing an additional $2,000 to a fake recovery company.The emotional toll of losing my life savings left me devastated and feeling hopeless. After months of depression, I stumbled upon a website called "Scam Detector" while searching for help. There, I found a testimony from a woman who had successfully recovered her funds, which ignited a flicker of hope within me. Despite my fears of encountering yet another scam, I felt compelled to reach out to Digital Hack Recovery, the company that had helped her.After contacting them, I quickly received a response asking how I found them and who referred me. I shared my story, and they requested all the details regarding how I was scammed. After reviewing my information, they assured me that recovery was possible, but I needed to upgrade my account to a TPM account to facilitate the withdrawal of my funds. This upgrade required a fee of $2,600, which they explained was based on the amount I had lost.In my desperation, I made the difficult decision to sell my car to afford the upgrade fee. I took the risk and paid it, hoping for the best. Within just 48 hours, my funds were successfully transferred back to my bank account. The relief and joy I felt were indescribable; I was in tears, grateful to finally have my life savings back.Thank you, Digital Hack Recovery, for guiding me through this difficult journey and helping me reclaim my financial stability. For quick assistance contact Digital Hack Recovery through their⁚ WhatsApp +19152151930 , Website; https : // digital hack recovery . com Or Email; digital hack recovery @ techie . com
Margie Bilger
se había emocionado muchísimo cuando le regaló un lector nuevo —la última versión— además de una colección entera digital de sus libros favoritos ya metidos en el lector.
Maya Banks (Éxtasis)
Like Argentina, China had incredibly restrictive rules about moving money into and out of the country. But in China, unlike Argentina, these rules were not a response to runaway inflation, but instead part of the government’s effort to keep tight control over the exchange rate of the yuan, in order to promote the export economy. The authoritarian government also wanted to keep a close check on what its citizens were doing. Each Chinese citizen could move only the equivalent of $50,000 out of the country each year. As a result, it became difficult for wealthy people, including government officials, to get their riches out of China and into more secure foreign bank accounts.
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
Bitcoins were not like dollars and euros, which are created by central banks and held and transferred by big, powerful financial institutions. This was a currency created and sustained by its users, with new money slowly distributed to the people who helped support the network.
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
The challenge is that the demand in our lives increasingly exceeds our capacity. Think of capacity as the fuel that makes it possible to bring your skill and talent fully to life. Most of us take our capacity for granted, because for most of our lives we’ve had enough. What’s changed is that between digital technology and rising complexity, there’s more information and more requests coming at us, faster and more relentlessly than ever. Unlike computers, however, human beings aren’t meant to operate continuously, at high speeds, for long periods of time. Rather, we’re designed to move rhythmically between spending and renewing our energy. Our brains wave between high and low electrical frequencies. Our hearts beat at varying intervals. Our lungs expand and contract depending on demand. It’s not sufficient to be good at inhaling. Indeed, the more deeply you exhale, the calmer and more capable you become. Instead, we live linear lives, progressively burning down our energy reservoirs throughout the day. It’s the equivalent of withdrawing funds from a bank account without ever making a deposit. At some point, you go bankrupt. The good news is that we can influence the way we manage our energy. By doing so skillfully, you can get more done in less time, at a higher level of quality, in a more sustainable way. A couple of key scientific findings point the way. The first is that sleep is more important than food. You can go a week without eating and the only thing you’ll lose is weight. Give up sleep for even a couple of days and you’ll become completely dysfunctional. Even so, we’re all too willing to trade away an hour of sleep in the false belief that it will give us one more hour of productivity. In fact, even very small amounts of sleep deprivation take a significant toll on our cognitive capacity. The notion that some of us can perform adequately with very little sleep is largely a myth. Less than 2.5 percent of the population—that’s one in forty people—feels fully rested with less than seven to eight hours of sleep a night. The second key finding is that our bodies follow what are known as ultradian
Jocelyn K. Glei (Manage Your Day-To-Day: Build Your Routine, Find Your Focus, and Sharpen Your Creative Mind)
But the PayPal experience also explained why there was a hunger for the idea of a virtual currency. There was a lingering memory of this unfulfilled dream of Silicon Valley. While the Internet had freed information and communication from the postal service and the publishing industry, the Internet had essentially never disrupted money, and dollars remained bound by the old networks run by the credit card companies and the banks.
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
The result is that most banks will eventually rationalise down to just one store for every 250,000 people—or one store for every large town, city and shopping centre—rather than the current structure which allocates about one store for every 20,000 people. The question then is this: What do you do with the 80 per cent of stores that are no longer needed? The ones in the suburbs and smaller high streets? The answer is that you replace them with satellite self-service hub stations, which allow people to self-serve with ATMs and deposit machines.
Chris Skinner (Digital Bank: Strategies to launch or become a digital bank)
Until the Civil War, a majority of the money in circulation in the United States was issued by private banks, creating a crazy patchwork of competing bills that could become worth nothing if the issuing bank went down.
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
In other words, retailing has moved from selling products or services in stores to using the stores as a method of building a sense of community around the brand. A sense of belonging. A sense of ownership. A sense of loyalty.
Chris Skinner (Digital Bank: Strategies to launch or become a digital bank)
The issue today is that branches were not designed for this purpose. They were designed to look after money and process monetary transactions. They were designed to handle physical forms of cash and cheques, as secure transaction centres. This is the core reason why everyone thinks that branches will disappear because they are not retail stores, engaging the brand community, but instead transaction centres run like some administration process.
Chris Skinner (Digital Bank: Strategies to launch or become a digital bank)
There are a number of banks that get this such as eBank and Jibun Bank in Japan, Wells Fargo and Bank of America in the United States and BBVA, Caja Navarra and a few others in Europe.
Chris Skinner (Digital Bank: Strategies to launch or become a digital bank)
if you wanted to talk to a human, there would be a remote advisor video terminal for access to advice and, if you wanted to talk face-to-face with a human, the bank would offer an appointment making facility that would enable someone from the bank to visit the customer either at home or at work.
Chris Skinner (Digital Bank: Strategies to launch or become a digital bank)
This focus on humans rather than money is best illustrated by the Apple store concept, which was the first to include the Genius Bar, a children’s play area and other features that critics thought were a waste of time. When the first Apple store designs were announced, Bloomberg reported: “(Steve) Jobs thinks he can do a better job than experienced retailers. Problem is, the numbers don’t add up. I give them two years before they’re turning out the lights on a very painful and expensive mistake.”15 However, after opening, it was obvious that the stores were engaging customers in an even more immersive, brand building experience. Eight years later, Apple’s New York store became the highest grossing retailer on Fifth Avenue.
Chris Skinner (Digital Bank: Strategies to launch or become a digital bank)
The result of this complicated process was something that was deceptively simple but never previously possible: a financial network that could create and move money without a central authority. No bank, no credit card company, no regulators.
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
The root problem with conventional currency is all the trust that’s required to make it work,” Satoshi wrote. “The central bank must be trusted not to debase the currency,
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
The issue that Satoshi referred to here—currency debasement—was, in fact, a problem with existing monetary systems that had much more potential widespread appeal, especially in the wake of the government-sponsored bank bailouts that had occurred just a few months earlier in the United States.
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
March 2012, a month before Charlie found his investors, the Federal Reserve had held a daylong conference about consumer-payment systems at which there was a lot of grousing about the fact that despite all the technological innovation going on in the world, the infrastructure for moving money around the country was still based on technology from the 1960s and 1970s. The Automated Clearing House, or ACH, which facilitated payments between bank accounts, was created in the 1970s and had not changed much since; this helped explain why bank transfers took at least a day to go through. For most Americans, the easiest and fastest way to send money to a friend or family member was still the old-fashioned paper check. This problem was not just in the United States. A week before New York Tech Day, the Canadian government announced the launch of a new digital currency effort, called Mint Chip, that it hoped would spur innovation in payments.
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
People who joined the Bitcoin network were, quite literally, both customers and owners of both the bank and the mint.
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
If politicians didn’t like the ideas of a particular group, government officials could ask banks and credit card networks to deny the unpopular group access to the financial system, often without requiring any judicial approval. The financial industry seemed to provide politicians with an extralegal way to crack down on dissent.
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
While the Internet had freed information and communication from the postal service and the publishing industry, the Internet had essentially never disrupted money, and dollars remained bound by the old networks run by the credit card companies and the banks.
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
So we have a critical segregation between the designer, who will focus on processes, interactions, people and customers, and the architect, who will focus on building materials, infrastructures, networks and technologies.
Chris Skinner (Digital Bank: Strategies to launch or become a digital bank)
But the policy has faced impassioned criticism, particularly from antigovernment circles, where many believe that the end of the gold standard allowed central banks to print money with no restraint, hurting the long-term value of the dollar and allowing for unbridled government spending.
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
For many technology experts at banks, the most valuable potential use of the blockchain was not small payments but very large ones, which are responsible for the vast majority of the money moving between banks each day.
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
Perhaps most centrally, the blockchain is an information technology. But blockchain technology is also many other things. The blockchain as decentralization is a revolutionary new computing paradigm. The blockchain is the embedded economic layer the Web never had. The blockchain is the coordination mechanism, the line-item attribution, credit, proof, and compensation rewards tracking schema to encourage trustless participation by any intelligent agent in any collaboration. The blockchain “is a decentralized trust network.”194 The blockchain is Hayek’s multiplicity of private complementary currencies for which there could be as many currencies as Twitter handles and blogs, all fully useful and accepted in their own hyperlocal contexts, and where Communitycoin issuance can improve the cohesion and actualization of any group. The blockchain is a cloud venue for transnational organizations. The blockchain is a means of offering personalized decentralized governance services, sponsoring literacy, and facilitating economic development. The blockchain is a tool that could prove the existence and exact contents of any document or other digital asset at a particular time. The blockchain is the integration and automation of human/machine interaction and the machine-to-machine (M2M) and Internet of Things (IoT) payment network for the machine economy. The blockchain and cryptocurrency is a payment mechanism and accounting system enabler for M2M communication. The blockchain is a worldwide decentralized public ledger for the registration, acknowledgment, and transfer of all assets and societal interactions, a society’s public records bank, an organizing mechanism to facilitate large-scale human progress in previously unimagined ways. The blockchain is the technology and the system that could enable the global-scale coordination of seven billion intelligent agents. The blockchain is a consensus model at scale, and possibly the mechanism we have been waiting for that could help to usher in an era of friendly machine intelligence.
Melanie Swan (Blockchain: Blueprint for a New Economy)
The bank transforms itself from an agent of debt to a catalyst for distribution and circulation. Like money in a digital age, it becomes less a thing of value in itself than a way of fostering the value creation and exchange of others. Less a noun than a verb.
Douglas Rushkoff (Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity)
We expose our most sensitive personal information any time we Pick up a phone, respond to a text, click on a link, or carelessly provide personal information to someone we don’t know; Fail to properly secure computers or devices; Create easy-to-crack passwords; Discard, rather than shred, documents that contain PII; Respond to an email that directs us to call a number we can’t independently confirm, or complete an attachment that asks for our PII in an insecure environment; Save our user ID or password on a website or in an app as a shortcut for future logins; Use the same user ID or password throughout our financial, social networking, and email universes; Take [online] quizzes that subtly ask for information we’ve provided as the answers to security questions on various websites. Snap pictures with our smartphone or digital camera without disabling the geotagging function; Use our email address as a user name/ID, if we have the option to change it; Use PINS like 1234 or a birthday; Go twenty-four hours without reviewing our bank and credit card accounts to make absolutely sure that every transaction we see is familiar; Fail to enroll in free transactional monitoring programs offered by banks, credit unions, and credit card providers that notify us every time there is any activity in our accounts; Use a free Wi-Fi network [i.e. cafés or even airports] without confirming it is correctly identified and secure, to check email or access financial services websites that contain our sensitive data.
Adam Levin (Swiped: How to Protect Yourself in a World Full of Scammers, Phishers, and Identity Thieves)
Always seek input from others to aide you in reaching the best possible decision for your business/start-up. This is due to entrepreneurship mostly being about taking calculated risks, and you will always create better strategies if more facts and information go into the decision-making process.
Luigi Wewege (The Digital Banking Revolution: How financial technology companies are rapidly transforming the traditional retail banking industry through disruptive innovation)
If you ain't about a dollar ntwana bust a move/,I need digits in my bank acc,I hustle like a fool/
shinedope
Ironically, solutions are not hard to devise. These solutions involve breaking big banks into units that are not too big to fail; returning to a system of regional stock exchanges, to provide redundancy; and reintroducing gold into the monetary system, since gold cannot be wiped out in a digital flash.
James Rickards (The Death of Money: The Coming Collapse of the International Monetary System)
The challenge for technologists and their venture-capitalist backers is to frame the disruption within a politically digestible narrative of overall progress, says Andreessen Horowitz venture capitalist Chris Dixon. “On the one hand you have the bank person who loses their job, and everyone feels bad about that person, and on the other hand, everyone else saves three percent, which economically can have a huge impact because it means small businesses widen their profit margins. But from a narrative perspective it doesn’t feel as good. There are individual losses and socialized gains.
Paul Vigna (The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order)
The good news was that merchandise had done extremely well the previous year, with Kenner making around $100 million. Of course, Black Falcon collected its percentage from the toymaker and other myriad licensees. There was a cuddly Chewbacca; a remote-controlled R2-D2; Darth Vader piggy banks and pencil sharpeners; do-it-yourself construction kits, molding kits, painting kits, play kits, poster kits, and jigsaw puzzles; a projector for showing slides from the movie; rulers, pens, digital watches, erasers, jewelry, and more.
J.W. Rinzler (The Making of Star Wars: The Empire Strikes Back (Enhanced Edition))
The new bank account is being defined by a different set of rules. Low friction, engaged customer base, differentiated distribution (no branches), and strong digital (mobile and web) support are all the rage, but at the core is a new approach to the basic day-to-day bank account.
Brett King (Breaking Banks: The Innovators, Rogues, and Strategists Rebooting Banking)
We don’t keep things locked in our hard drives; instead, we let services like Dropbox store them for us, just as a bank stores most of our money.
Shawn DuBravac (Digital Destiny: How the New Age of Data Will Transform the Way We Work, Live, and Communicate)
Banking-as-a-Service (BaaS) is a new model of banking based on cloud computing structures of digital banking.
Chris Skinner (Digital Bank: Strategies to launch or become a digital bank)
First, by having millions of us in their community. Second, by partnering with firms that advertise and provide services to their millions of financial community members. Third, by selling ancillary products and services such as hats, t-shirts, umbrellas and nice leather binders and folders.
Chris Skinner (Digital Bank: Strategies to launch or become a digital bank)
Yodlee as it’s still around today and is successful, partnering with many of the key innovation providers of PFM.
Chris Skinner (Digital Bank: Strategies to launch or become a digital bank)
Social money and payments: iZettle, Payatrader, mPowa, SumUp, payleven, Inuit GoPayment, Square •   Social lending and saving: Zopa, RateSetter, smava, Prosper, Lending Club, Cashare •   Social insurance: Friendsurance •   Social investing and trading: StockTwits, eToro, Myfxbook, Fxstat, MetaTrader Trade Signals, Collective2, Tradeo, ZuluTrade, Nutmeg •   Social trade financing: MarketInvoice, Platform Black, the Receivables Exchange, Urica •   Payday Lending: Wonga, Cash America, Advance America •   Goal setting and gamification: SmartyPig, Moven, Simple •   Crowdfunding: Funding Circle, Kickstarter, Indiegogo, crowdrise, Razoo
Chris Skinner (Digital Bank: Strategies to launch or become a digital bank)
PFM links you with other users who have financial behaviours like yours, and shows you how to improve your financial returns based on what people like you do. PFM might link to your mobile and social networks, allowing you to do a lot more intelligent financial structuring and operations. PFM can alert you to budgetary and balance issues, payments and billing notices, and interest saving or gaining opportunities. In fact, depending on which PFM provider you go with, PFM can pretty much do anything you want with your banking service ... and PFM providers are popping up all over the place to show different capabilities in what is an increasingly crowded space.
Chris Skinner (Digital Bank: Strategies to launch or become a digital bank)
The euro crisis showed that the euro zone needs a banking union, which centralises a lot of power. And the best hope of growth lies in expanding the single market. The next commission needs to remove blockages to trade in services, energy and the digital economy. More free-trade deals, starting with America, are another priority. Opening up Europe’s economy will annoy some voters (and scare some politicians); but the alternative—years of economic stagnation—will doom the project anyway.
Anonymous