Can there ever be a digital equivalent of cash online Before you ask that question, perhaps it is interesting to understand one unique perspective of cash and what happens when the same amount of money is juxtaposed onto the card networks. Ben Milne, CEO/Founder of Dwolla is the inspiration behind this short video. You can […]
Ever wondered what the world debt of $63 Trillion (yes, that is $63,000 Billion) looks like? I mean which country has what share? Well, the good folks at Visual Capitalist put a really amazing infographic out. Their numbers differ from The Economist, but then again what’s a few trillion plus or minus?
My first memory of cash comes from my birthday. I think it was the 5th or 6th birthday and I remember very vividly, cash being given to me in lieu of gifts. This cash was kept by my mother for safekeeping. Those were the good ol’ memories of cash. I wrote about Cash is Evil […]
A lot many of my colleagues are presenting the argument that Cash is Evil. Cash is Dead. Cash is a Menace to Society. I beg to disagree. Whilst I do agree the obsolescence factor has come into play, one can hardly call it game over. Cash is not evil. It has been made evil, because […]
Unrestrained by national interests, unaffected by global events, cryptocurrency offers a financial resource that offers much in the way of benefits for the future. According to futurists, those experts who look forward and make judgments based on how they see society evolving, cryptocurrency will replace all other forms of currency by 2030. Yet the question […]
I’m fascinated by history (hated the subject when I was in school). It is no surprise, that as I learn more about banking and money, one cannot help but be fascinated with paper money or currency notes. The idea and invention of paper money has, for a long time, been one of the most interesting […]
While developing markets like Kenya have embraced mobile payments and wallets, countries like the US, the UK, Canada, France and Germany seem to be much more reluctant to do so. According to an annual Kantar TNS study, only a minority of internet users surveyed in countries like the US, the UK, Canada, France and Germany […]
When governments fail to come up with solutions, courts often have to step in to provide guidance. A petition seeking the government to act on Bitcoin has landed in India’s Supreme Court. The case is likely to come up for hearing in January 2018. Source: Bitcoin & co: India’s crypto-currency debate heads to the courts, […]