Is Alibaba Making Money?

Interestingly, Alibaba’s income numbers are similar to Amazon’s. On 30 June 2019, Stockrow gives Amazon a quarterly net of $2.625 billion and an operating income of $3.084 billion. Hence, Alibaba’s income was slightly larger than Amazon’s income.

Continue Reading

Some EOS Stablecoins

Presently, there only seems to be a market for USD stablecoins. However, I think there will be a demand for Euro stablecoins soon. On the other hand I cannot tell if there is a market for Yuan or Yen stablecoins.

Continue Reading

What Value does Scalability have in Cryptocurrencies?

Therefore, scalability is the key to crytpocurrency profitability and commercilization. In fact, I think all the other cryptocurrency attributes; security, privacy, anonymity, robustness, are meaningless without scalability. Additionally, the public will not use blockchain utilities like stablecoins if they are not as fast as Visa or MasterCard (NYSE: MA).

Continue Reading

Hyperloop Test Track Planned in Saudi Arabia

Saudi Arabia needs fast large-scale people movers because 2.372 million Moslem pilgrims visited the country for the Hajj in 2018, the Saudi government estimates. To explain, a Hyperloop could theoretically move millions of pilgrims to Mecca for the Hajj from airports all over the country.

Continue Reading

End of content

No more pages to load

Close Menu