Monday, October 29, 2018

Chinese society has embraced cashless payments without crypto currencies


"Cash disappeared in China but the payment revolution has ZERO to do with crypto/blockchain. It is all about AI & Big Data. & billions of Chinese do billions of transactions daily at low cost''


via twitter

Tuesday, October 2, 2018

Fear can lead to a correction or a bear market

"Fears of a slowdown lead to a 10% correction; fear of a recession leads to a bear market (-20%). 
Markets down 30-40% in a typical recession. And where down 65% during the last severe recession, ie the Global Financial Crisis."

via twitter