Bitcoin Is The Total Opposite of a Ponzi Scheme — Here’s Why
[Investing]
2017/12/12 10:52
What is a ‘Ponzi Scheme’, you ask?“A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for older investors by acquiring new investors. This is similar to a pyramid scheme in that both are based on using new investors’ funds to pay the earlier backers. For both Ponzi schemes and pyramid schemes, eventu...
Big-Money Investors Single Out The Biggest Risk to Markets Over The Next Year
[Investing]
2017/12/12 10:52
Geopolitical risk is the biggest fear in markets right now, according to a Barclays survey of over 700 institutional clients.The firm says it's a combination of developments on the Korean peninsula, tensions with Russia, political turmoil in Saudi Arabia, Brexit, and less predictability in US foreign policy.Sometimes there's no bigger fear than the unknown.That seems to be the case in global ma...
Startup’s Needle-Free Drug Injector Gets Commercialization Deal
[Product]
2017/12/12 10:52
MIT spinout Portal Instruments has landed a commercialization deal for a smart, needle-free injection device that could reduce the pain and anxiety associated with needle injections, shorten administration time, and improve patient adherence.Certain treatments for patients suffering from chronic diseases, such as inflammatory bowel diseases, require multiple intravenous or subcutaneous injectio...
This Map Shows Where Millennials are Buying Houses (and for How Much)
[Investing]
2017/12/12 10:52
Millennial homeownership rates are essential to understanding the housing market because they facilitate additional home sales for other people. [click to enlarge]How does this work? Suppose you make an offer on a house. The current owner is also probably on the market, and he or she likely has a contingent offer on another house. This sets off a chain reaction throughout the economy. Millennia...
Crowdfunded Bubble EV Charges Ahead
[Product]
2017/12/12 10:51
The two-seat One is the first in a line of electric vehicles from Sweden's Uniti.A little over 12 months after launching a crowdfunding campaign to develop a new battery electric city car, Sweden's Uniti has unveiled its first two-seater – the appropriately-named One. There's been a range increase, and the top speed has been bumped up. But it was the odd-looking games controller steering syste...
JBL Vision 2017
[Design]
2017/12/12 10:51
Our Brief was to Design a new typology of audio in homes and define a new purpose with experience.My focus was to try and update the concept by simplifying it and by implementing feedback given by our mentors and other professionals.[behance]
(Patent) Bank of America Wins Patent for Crypto Exchange System
[Tech]
2017/12/11 22:05
Bank of America may be looking into cryptocurrency exchange services for its corporate clients – or at least keeping its options open should they become interested.In a patent awarded by the U.S. Patent and Trademark Office on Tuesday, the second-largest bank in the U.S. outlined a potential cryptocurrency exchange system that would convert one digital currency into another. Further, this syst...
(PDF) Mckinsey - Double-clicking on the Chinese consumer
[Consumer]
2017/12/11 22:05
A rising post-90s generation is emerging as a strong engine of consumption, in one of four important new trends in the Chinese consumer landscape.If you’re looking for evidence that Chinese consumers are confident, look no further than the one-day online-sales phenomenon known as Singles Day, which falls every year on November 11. Singles Day has morphed from being a day dedicated to lonely si...
A “Very Bullish Open” for Bitcoin Futures Suggests That The Price Can Go Even Higher
[Investing]
2017/12/11 22:05
Bitcoin futures debuted in Chicago last night, which could make it easier for institutional investors to embrace the digital asset. It was a widely watched event, and the website of the company launching the derivative, Cboe Holdings, was overwhelmed and inaccessible for a time. Even infamous rogue trader Nick Leeson was watching:Bitcoin futures—which allow traders to speculate on what an asse...