Resources

Use Cases of Blockchain

• A simple online system that could end plastic pollution
• MetLife Plans To Disrupt $2.7 Trillion Life Insurance Industry Using Ethereum Blockchain

Crypto Market Commentary

Investor Education

Facebook’s Libra Project

• Facebook’s Libra White Paper Is Now Live
• The 10 most important things you need to know about Facebook’s new cryptocurrency, Libra

Why watch this video? I consider it the best, informative, single video to date that I’ve found on the subject. Some memorable quotes by Ryan Selkis, CEO of Messari:

• Facebook White Paper: https://libra.org/en-US/white-paper
• Messari CEO: “creation of a digital asset for a central bank, the nation of Facebook is 2.7 billion people
• Messari CEO: “the biggest development for the industry since the launch of Ethereum 4 years ago”
• Messari CEO: “Facebook has become a lead blocker of sorts for the industry” in terms of regulations and developing guidelines for digital assets
• Messari CEO: “An iTunes for FinTech developers” that could lead to many more developers being drawn into digital currencies
• Messari CEO: “Global regulators are more scared of Facebook exerting more dominance over more aspects of the economy than they are decentralized, leaderless technologies like Bitcoin and Ethereum. In that case Bitcoin and Ethereum and other assets and cryptocurrency protocols essentially get to hide in plain sight for another leg up in growth.”
• Messari CEO: “It’s much easier to imagine this being an on-ramp to other digital assets beyond Libra.”

“The Libra announcement has heightened the need for policymakers and regulators to establish clear rules of the road,”
— Libra quote on July 16th by Congressional Banking Committee Chairman Mike Crapo

Global Expansion of Crypto

August 2019

• New Zealand Tax Office Makes It Legal to Pay Salaries in Crypto

Why read this article? Because the New Zealand Inland Revenue Department (our version of the IRS) goes as far to say: “A significant purpose of the crypto-assets is to function like a currency”.

From CoinDesk, August 12, 2019

 

• The European Central Bank: Understanding the Crypto-Asset Phenomenon

Why read this article? Because it shows how seriously the ECB is starting to pro-actively think about the potential implications of cryptocurrencies on its monetary policy.

From ECB Economic Bulletin – Issue 5/2019, August 8, 2019

 

July 2019

• 6 Banks Around The World Dabbling in Crypto with Their Own Coin

Why read this article? It shows which global banks are thinking about, or already creating, their own digital currency. Highlights institutions like J.P. Morgan, UBS, Bank of Tokyo – Mitsubishi UFJ, Mizuho and hints that even Goldman Sachs might consider it.

From Fintechnews Switzerland, July 5, 2019

Memorable Crypto Twitter Quotes

August 22, 2019 – Crypto Validation by VC

If the potential of a startup is proportionate to the size times the incompetence of its competitors, the most promising startup of all would be one that competed with national governments. It's not impossible; this is what cryptocurrencies do.

— Paul Graham (@paulg) August 22, 2019

August 9, 2019 – A Case for Bitcoin

A Danish Bank is now willing to pay you 0.5% to take a mortgage from them.

Yes, you read that right.

The banks are getting DESPERATE as we near the end of one of the greatest bull markets ever.

Proceed with caution my friends 🙏🏽

— Pomp 🌪 (@APompliano) August 9, 2019

 

June 27, 2019 – Use Case for Crypto

 

June 20, 2019 – Price Target for Bitcoin (40% of $25K by Year-End 2020)

 

June 6, 2019 – Using Bitcoin as Responsible Wealth Management