This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Sweden’s Riksbank is assessing e-krona, a new form of digital currency that hopes to take the country a step closer to the creation of the world’s first central bank digital currency (CBDC), according to reports on Thursday (Feb. The aim of the project is to show how an e-krona could be used by the general public,” Riksbank said.
To be more precise, I want to discuss the type of chart that reflects a fundamental misunderstanding of the nature of money, currency, spending, investing, and taxes. That compensation is in a currency that is a widely accepted medium of exchange. Whether it’s a few decades or a century, the math works the same.
That attitude took an official stance this week when Japan passed a bill that will regulate how bitcoin and virtual currency exchanges operate across the country, What the law calls for is that the exchanges must register with the Japanese Financial Services Agency. Ground Zero’ For Banks And Blockchain.
The math comes out to one per week. Even after years of effort and hundreds of millions in VC capital invested, digital currency continues to have one major weakness: The world of bitcoin is desolate. is solving one of the biggest challenges that bitcoin has — translating this digital currency into physical goods.”.
We don’t want to exaggerate the impact…but trillions of dollars in wealth have been created in digital currency in record time. . Note: Cryptocurrency is digital currency secured by a technology called a blockchain that records every transaction made involving the currency. Yes, even if you were bad at math in high school.) .
Its creator, the pseudonymous Satoshi Nakamoto, gave it all of the qualities of cash, but in a digital format: peer-to-peer transfer of a currency in the absence of any intermediary that is pretty much anonymous — only wallet IDs are shared. Speaking of math, doing it helps explain that big billion dollar-plus number.
In Switzerland, bitcoin continues to proliferate as a viable currency — most recently with the help of Swiss Federal Railways (SBB), Switzerland’s largest railway company. SBB announced that Swiss customers with bitcoin wallets will be able to purchase bitcoin from 1,000 of its railway ticket machines nationwide.
You can do your own math on what this will mean to you. a currency) over time. When the percentage is moving up and to the right over time, that indicates that a unit of currency effectively buys less than it did in prior periods. Why Do Currencies Depreciate? Productivity and Absolute Currency Value.
There are — depending on how one counts — four or five different types of “currency” in the game. Securing those types of currency allow players access to better characters, better accessories and better weapons: more or less the elements that make playing a video game enjoyable. Some of those currencies are earned by playing.
Wu said the company had to coordinate with the vendor, figure out international shipping and logistics and navigate the challenges of cross-border payments and foreign currency. “It Different vendors wanted to be paid through different methods and in different currencies. It was a nice crash course early on,” Wu said.
When it comes to language and currencies, said Drouart, one must discard the conventional wisdom that more is better. Instead, Drouart said merchants should consider how they can target the 80 or 90 percent of buyers who transact in a certain language or currency, and aim to serve that majority first. Start with currencies.
That’s just the math. If you’re not in it, you’re not going to benefit from the upside. What we’ve seen is actually more money created than what was sensibly needed to save the economy, and it’s obviously not going into the real economy.
Going local means thinking and optimizing for: languages needed, supported currencies, regional logistics and regulation, and then, of course, payment and payments processing. Currency conversions, for example, can throw a wrench into the experience if not properly optimized and that’s where partnerships come into play.
And based on the feedback that we hear from companies who are private, the public currency is still very strong. I understood then that, effectively, fair value was determined by a variety of mathematical — a bunch of math, for lack of a better description. RITHOLTZ: That’s interesting. RITHOLTZ: Right.
“The math is the math, not matter how much we like London,” noted one marketplace lending exec on the condition of anonymity. currency as a haven could boost some SMBs (though admittedly could also wreak havoc on the bottom line of those that work across borders). to get back on the SS E.U.) freedom of motion.
MPD CEO Karen Webster did the “back of the envelope” math in an article last summer (right around the time Android was launching its payment platforms) to reveal that, of the 187 million smartphones in use in the U.S., It’s kind of tricky to tell. But that doesn’t mean PYMNTS isn’t trying.
Yeah, it’s a funny thing about those permissionless, non-governed, non-regulated currencies – there’s no one to turn to. But, don’t you worry, it’s all math-based so nothing can go wrong, so keep clinging to that. In June, $50 million of Ethereum – a competing digital currency – was also boosted by hackers. .
He’d teach them about a variety of things going on in the world – science, math, archaeology, literature. His disdain isn’t because money is germ-laden paper passed from who-knows-who doing who-knows-what with it, but because he says it’s the currency of criminals. Samantha and Nick would boot up “Jack” every couple of days.
Now if we only knew the denominator and could do the math to see what those numbers really look like. That doesn’t make it a slam dunk — after all, nothing in the mobile payments space is a sure thing — but at least Walmart Pay has taken some important steps to eliminate barriers at the jump. Next time, guys? SMB Working Capital.
It’s all about the math. Nordstrom reported that one-fifth of its sales now are via the online channel and Macy’s boasts that it’s the sixth largest online retailer, with double-digit increases in that channel year over year. So if online sales are increasing — and even at traditional retailers — why are they still in such a world of hurt?
I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature. They understand currencies. I wasn’t that typical person that did a number of, you know, internships during the summer, had that …. RITHOLTZ: Applied Mathematics, Quants, those guys, yeah.
So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse. It’s just math stick to it over long periods of time. So the 00:59:37 [Speaker Changed] Currency hedge is very helpful.
And I did a lot of options math, which I thought was interesting. Which was interesting because I actually started my career at JP Morgan Asset Management in the high yield and investment grade credit research team. 00:07:26 And then I moved on to the equities team afterwards. And I just learned a tremendous amount.
It’s like being asked to figure out the solution to one of those unsolved math problems that mathematicians work on for years before they go insane. WhatsApp did it, why can’t I? Once they get it into it, they realize that figuring out the solution is really hard.
BRYANT: So money, unlike math, money is highly emotional. Actually, as in the color of US currency, Barry, it’s always been green, is my point. I mean, there’s 50,000 kids in the Atlanta public school system, so you can do the math there. RITHOLTZ: Right. BRYANT: Number two, money is emotional. RITHOLTZ: Yes.
I was always good at math, but I really, I just didn’t relate to things that were more esoteric bonds options. And I, I think that I kind of triangulated on it. I have no family history. I have no, I, you know, knew a real estate developer I thought was really great. I knew I wanted to do something in business.
and what cross currency basis, et cetera, takes a while to assimilate at all. The dollar is the reserve currency in the world. How are we doing in literacy versus math versus science? And then all of a sudden you get these aha moments. Literally, you know, I could sit there for six hours, like, now I get it. Where are we?
The ability to use an anonymous single currency to power a decentralized, permissionless distributed ledger operating over the public internet where miners compete to solve the math problems that enable the processing of transactions is a remarkable innovation. The Crypto Has No Clothes. In concept. The Need for a Balanced View.
The other $185 million is all fine, $100 million for the CFPB and $85 million for the Comptroller of the Currency. In this case, Wells has already paid back most of the money consumers were wrongly charged — the payback part of the order is only $5 million.
My mom was a math teacher so — RITHOLTZ: Okay. But a lot of what we do in macro, and an early insight of ours, frankly, about 1995 at Goldman Sachs, was if you look at the factors, again, it was really value, momentum and size at that point, and apply them to macro decisions, what country to be in, what currency to be in.
They said at that moment they were selling crypto as it’s gonna replace fiat currency. And they put some Bitcoin on my phone and we walked into Palo Alto to the one coffee shop that accepted Bitcoin as currency. Because he was all sure he was a totally isolated math. So, so he’s brilliant at math. Oh, really?
I’m kind of in intrigued by the idea of philosophy and math. So I found myself getting kind of bored with my math problem sets, and then I could shift to philosophy and then go back and forth. 00:29:32 [Speaker Changed] Certainly for commodities and for currencies. What was the career plan?
And I, and I really like the application of math and statistics and computer science to markets. You learn the math that can help you with, with market making operations. It’s just not smart on a math basis to do that. 01:02:36 All the math tells us we should not buy high dividend yield stocks.
New York Times ) • The pimple patch becomes a breakout fashion statement : No longer just a skin-care tool, the patches have become chic accessories — and a form of currency in lunchrooms and locker bays. It’s not because they’re not good enough at math. Now the strategy is starting to bear fruit.
Colin Camerer : So I, some of it was when I was in college at Johns Hopkins, I, I studied physics and math. And there was people, Physics didn’t have, people, psychology didn’t have math, economics was kind of the right mix. The math doesn’t math. That was too abstract. Yeah, I’m gonna vote.
The addition of MoneyGram — a very familiar and trusted American payments brand — to the equation, however, might just change the math a little bit, as it gives Alipay the opportunity to expose the American customer to the bigger world of the Alipay payments lifestyle. “We But in the U.S.,
The news affected the strength of China’s currency , which weakened to 7.15 Our ‘back of the envelope’ math suggests the impact [of the new tariffs] will be [a] roughly $0.50-$0.75 [annualized per share] hit to earnings with roughly $0.30-$0.50 against the American dollar after the news. from iPhones,” the brokerage said.
SCHWARTZ: And whose currency is up on the year? Isn’t that just a currency bet? And I’m like, “Well, if Bob Shiller is putting on the seatbelts, maybe he’s done the math, maybe I should be wearing a seatbelt in the back of the car.” This is — RITHOLTZ: Right. Not America, but Brazil.
Like investing in this kind of stuff and I had total life saving for the time of $2,000 and I converted my total life savings of $2,000 into Polish zloty, their currency, went down with my translator to the post office and subscribed to the very first privatization in Poland. So, I did the math, 20 million times a hundred.
You’re doing a lot of math in your head on the Fly. I’m doing, I’m doing an awful lot of math in my head on the fly. So we, we became, we went from fixed income and j Aaron to thick fixed income currency and commodities. You had a lot of currency forwards trading, which made se made sense. Made sense.
Wasn’t the Excel spreadsheet error, which changed their math. Problem is, the math doesn’t work 01:20:33 [Speaker Changed] Well, you know, math, who really believes numbers should add up. I mean that was, that was the problem. The problem is Japan is running two 50%. And their economy seems to be doing just fine.
We organize all of the trending information in your field so you don't have to. Join 39,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content