6 results for tag: Cryptocurrency


The Crypto Battlefield: Financial Visionaries vs. The Regulators

A Primer on Disruptive Technologies and the Regulator’s Positions Mark Twain has been credited with expressing that “History doesn’t repeat itself but it often rhymes,” Regardless of who crafted the sentiment; it is clearly consistent with my experience associated with some disruptive technologies that are showing up in today’s financial markets. Philosopher Arthur Schopenhauer once stated, “All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.” Distributed Ledger Technologies (DLT), the underlying software system that is simply and ...

Cryptocurrency: New Business Model Implementations, Not for Amateurs

The modern world of economics now includes cryptocurrencies where there are lagging, coincident and leading indicators. In the arena of new business model implementations, there are innovators, early adopters, the late majority and the laggards. In the stampede to understand (and hopefully take advantage) cryptocurrencies for financial gain (e.g. Bitcoin, LiteCoin, Ethereum, etc.), I’d suggest the leading indicator for you to be aware of might be that the innovators are cashing out at the expense of the early adopters. This past week when I was in New York City, I overheard a group of doormen and associated service providers discussing “buy...

Cryptocurrency Fuels More Hype than Fear

Let me explain After a few short years of investing in cryptocurrency and preaching its gospel, it appears that some venture-capital experts are finally listening. Some may still believe that investing is driven primarily by “Greed and Fear”, at Morris+D’Angelo we view this as an old and misused concept; investing is not about greed, greed is a human constant and a commonly misused phrase. “Speculating” might be a better word to describe this old-fashioned motivation and notion (Greed and Fear). Investors exchange sweat, toil, money, ideas, Intellectual Property, etc. in the hopes of a return (economic, social, psychological, ...

Money is the Lubricant of Commerce… or Is It?

Money is a funny thing. It means so much to so many. "Money is the lubricant of commerce." Or is it? Ever wonder what money is? Is it value? Is it merely paper or metal with old pictures and sayings on it? Does money change over time? Money for Commerce: I Have a Complex Wallet I am a world traveler. What is the real value of the dollars (or Pound Sterling, Swiss Francs, or Euros) in my wallet today? Why does a retailer (Business Owner) accept a piece of plastic with a bunch of numbers on it and then proceed to provide me with goods and services of my choosing? Ever wonder what and where the intrinsic value of money came from? ...

Tapping Into the Digital Currency Revolution: Why Business Needs to be Bitcoin Friendly

Transacting in blockchain backed currencies like Bitcoin or Ethereum is becoming increasingly common. Over 300,000 daily transactions are occurring using Bitcoin. Add to these numbers other alternative blockchain currencies and that leads to over 500,000 unique transactions per day and rising. Another way to look at this is 6 transactions a second. Malls now have Bitcoin ATM machines where people can purchase and exchange Bitcoins for other paper currencies or other paper currencies into Bitcoins. The digital generation (under the age of 30) account for 65% of bitcoin users (and growing) while the GenX (up to 40) account for another 25% of ...

Virtual Currency: A Primer on Bitcoin and Why Bitcoin Matters

When our clients first began discussing Bitcoin a few years ago, I wasn't sure what they were talking about. I had never heard of Digital or Cryptocurrency. Fast forward a few years and these conversations have moved mainstream. I was sharing with my wife in Portland, Oregon the other day that Malls (Clackamas Town Center) now have Bitcoin ATM machines where people can purchase and exchange Bitcoins for other paper currencies or other paper currencies into Bitcoins. I wouldn't have imagined this 10-years ago. However, many of you remain unfamiliar with Bitcoin and its various cousins of Virtual Currency. Bitcoin Basics For ease of discussion, ...