- If Libra fails, China winsIf it once seemed possible, among crypto-enthusiasts, for a currency to exist outside the reaches of a central government authority, U.S. regulators did their best last week to stamp out such beliefs. U.S. officials not only succeeded in dealing Facebook’s Libra cryptocurrency project a $1 trillion blow (the combined market cap of the seven major […]
- Let's Give Libra a ChanceIt's too soon to reject Facebook's world-changing blockchain technology out of hand.
- The Week Hype Broke Our BrainsAn interesting series of events over the past week have me thinking, yet again, about the tricky line between bad business and bad ethics. It’s a question recently exemplified in the story of Theranos, whose young founder appears to have believed so intensely in her own transformative talent that she wouldn’t let something as trivial […]
- Bakkt Bitcoin Futures Debut to Dissappointing Volume — The Ledger“Slow start” … “rather anemic” … “fails to dazzle” … “tame launch” … “thin trading” … “disappointment” … “lackluster” … “limp.” That’s how reporters and industry analysts described the Monday launch of Bakkt, the long-anticipated, long-delayed Bitcoin business devised by Intercontinental Exchange, parent of the New York Stock Exchange. Further dampening spirits: Bitcoin’s price dropped […]
- Is a Recession Coming—or Are We Talking Ourselves into One?As economics professor Robert Shiller and others argue, the stories we tell ourselves can have real economic consequences.
- Gold Should Be More Like Cryptocurrency, Says Barrick Gold COOReaders: Did you miss us on Monday? The Ledger is trying something new. We will be moving from Monday evenings to Wednesday mornings, so look for us in your inboxes early each hump day for the foreseeable future. I was in Toronto yesterday for Fortune’s Most Powerful Women International Summit, where I had the opportunity […]
- Blackstone CEO Steve Schwarzman on Hong Kong’s Unrest, the Rise of Bitcoin, and Fundraising as an ‘Out-of-Body Experience’Schwarzman addresses what’s going on at Blackstone — and what’s next for him.
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