Hence, they could pay some the price for Libra Token and Facebook stock. Moreover, exchanges and exchanges will be happy to promote this exception, so they can make more money by selling or betting against Libra Tokens.
Consequently, many Alphabet subsidiaries operate in unprofitable cutting edge businesses. For instance, Waymo is developing self-driving vehicles, DeepMind creates artificial intelligence, Nest Labs works on the Internet of Things (IoT), and Verily Life Sciences is dabbling in healthcare and medicine.
“Maharashtra will create the first Hyperloop transportation system in the world, and a global Hyperloop supply chain starting from Pune,” Devendra Fadnavis brags in a Virgin-Hyperloop One press release. Importantly, Fadnavis is the Chief Minister of Maharashtra.
Tether is a stablecoin. To explain, a stablecoin is a cryptocurrency that contains a smart contract linked to a trust account. A smart contract is an algorithm; or digital robot, that performs a specific act. When you make a USDT purchase, the Tether smart contract releases one $1 in US currency to the merchant.
Observers ask is American Express overpriced because its stock was trading at $125.29 a share on 8 August 2019. However, both Visa (NYSE: V) and MasterCard (NYSE: MA) are more expensive…
With MainWallet’s release, Bankex Group is enabling 200 million users of the popular Telegram messenger to send money, pay for goods and services, place bets, and get paid via simple Telegram messages. The name of the product – MainWallet – reflects a degree of irony by Bankex Group development team, as anyone with a Telegram nickname automatically has access to Bankex Group fintech platform and therefore has a “wallet.” This makes this wallet “main” – there is no software to download, and no additional registrations.
Cutting the interest rates may not help real estate market. In fact, interest rates were already at 4.75% on 31 July 2019, which is low, The New York Times notes. To clarify, the average mortgage interest rate over the past 30 years was 6.25%. In contrast, Freddie Mac estimates the average mortgage interest rate was 3.75% on 1 August 2019. New home sales fell by 2% between June 2018 and June 2019, The New York Times estimates. Moreover, investment in residential structures has been falling for six straight quarters. Under those circumstances new home sales are below their post 2008 peak in 2017.
Hence, NVIDIA is making the best gaming tech on the market when video games are becoming the most potent media in our culture. Yet, NVIDIA is making less money which could indicate an economic slowdown.
I think Zuckerberg is betting central bankers will allow a social media cryptocurrency they might control. If Libra succeeds and becomes a successful currency, the BIS or the Swiss National Bank can take it over. If Libra fails, that’s Zuckerberg’s problem not the bankers.
Frighteningly, data from the United Kingdom shows television viewership could soon fall far lower. UK media regulator Ofcom estimates Britons between 16 and 24 watch just two minutes of TV news a day, The Guardian reports. In contrast, people over 65 watched 33 minutes of TV news a day.
Not surprisingly, Vodafone is researching next generation digital currencies or cryptocurrencies. In particular, Vodafone is a partner in Facebook’s (NASDAQ: FB) Project Libra cryptocurrency scheme.
Interestingly, ThunderCore claims its MainNet offers high TPS, and it is now live and ready to build on. In particular, claims its blockchain can process over 1,200 transactions per second. However, ThunderCore’s Timeline states it will not start processing 1,000 TPS until 4th Quarter 2019. Moreover, the full ThunderCore may not launch a Full Node until 1st Quarter 2020. Plus multiple ThunderCore blockchains will not be available until 2nd Quarter 2021.