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Barclays Throws Cold Water on Bitcoin’s ‘Best Day’

Bank Innovation

The price of bitcoin surged above $8,000 today for the first time in several weeks, a rise of more than 13% over the past 24 hours, prompting excitement in the cryptocurrency community. The combined market capitalization of all cryptocurrencies rose 16% over the same period.

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Are the NFT and DeFi markets recreating traditional human hierarchies through new social capital?

Lex Sokolin

There’s a big difference between belonging to a community that you simply like, and a community that will make you *rich*. Finally, there is a sharp, core distinction between human nature and its social DNA, and the issues around quality of life, median income, longevity and health outcomes. Jumio, Feedzai, and Chainalysis?—?and

Capital 52
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The Top 5 Trends in Fintech and Banking for 2022

Gonzobanker

Capital One said it will eliminate overdraft and non-sufficient funds (NSF) fees for all bank customers, foregoing $150 million in annual revenue. In 2022, community banks and credit unions will have to revisit and overhaul their overdraft policies and strategies. For banks, crypto will be to 2022 what social media was to 2015.

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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

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2020 GonzoBanker Awards

Gonzobanker

And how did community banks and credit unions respond to the COVID craziness? Our clients showed banking at its best – obsessed with customer well-being, good corporate citizenship, and strong community focus. Jill is continually demonstrating just how loud a $300 million community bank can roar! Bravo Brett and team!

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The geopolitical battle over TikTok and why it matters

Lex Sokolin

I’ve written before how the shock of opening up to capitalism in the USSR led to a 45% GDP collapse over half a decade , resulting in life expectancy decreasing by 10 years for the average Russian due to alcoholism and violence. Take for example the forking of Bitcoin into Bitcoin Cash, or any other 50 or so clones of the coin.

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The system versus the individual

Lex Sokolin

As a system, capitalism and the American legal system are quite similar. Like insects and other hive-minded critters, we build super-organisms in the shape of families, companies, communities, countries, and cultures. Xi Jinping, representing that social machine, has effectively stripped Ant Financial of its technology company status.

System 52