The House of Representatives voted on Wednesday to pass bipartisan legislation on the Chinese-owed app TikTok.
Hunter Biden, the son of President Joe Biden, will not appear before the House Oversight and Accountability Committee next week for a hearing titled "Influence Peddling: Examining Joe Biden’s Abuse of Public Office," according to a letter from his attorney.
Earlier today, Georgia Judge Scott McAfee tossed some charges against former President Donald Trump.
Colorado Republican Rep. Ken Buck will be retiring from Congress next week.
What benefit does the Securities and Exchange Commission's new climate disclosure rule offer investors? Jennifer Schulp offers a few ideas why the agency adopted the new disclosure mandate.
In this week's installment of "Money Reimagined," hosts Michael Casey and Sheila Warren are joined by Lynn Alden, author of the book 'Broken Money,' and discuss Bitcoin's place in the global economy.
Casey, Warren, and Alden discuss Bitcoin as a decentralized ledger, addressing the double spending problem and its disruptive impact on traditional banking. Their conversation emphasizes the importance of trust in financial systems and explores catalysts for wider Bitcoin acceptance. Topics include Bitcoin's value proposition, its role as a store of value, and the challenges faced in the legacy financial system.
Takeaways |
Bitcoin is a decentralized ledger that solves the double spend problem and acts as a global, immutable database.
Bitcoin disrupts traditional banking by providing a decentralized alternative to centralized ledgers.
The recognition and acceptance of Bitcoin by mainstream economists and institutions is a gradual process that requires time and critical mass.
Bitcoin's importance in the global economy is demonstrated by its increasing market cap and its potential as an alternative ledger.
Further acceptance of Bitcoin may be unlocked through the exhaustion of alternative ledgers and the stickiness of the asset. Bitcoin's value as a store of value is derived from its potential utility and the belief that it will be widely adopted in the future.
Bitcoin's immutability and finality make it a trusted source of exchange and a potential arbiter of truth.
Bitcoin's security is continuously tested and improved as it grows in size and adoption.
Bitcoin has the potential to serve as a truth layer for various applications, such as contracts and identity verification.
Bitcoin's disruptive potential poses challenges to the existing legacy financial system, which may resist its adoption.
Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MRP15.
Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer.
NYCB’s $1B cash infusion should steady the struggling bank, but don’t expect Fools to be jumping into the stock. And Family Dollar’s footprint gets a bit smaller.
(00:21) Matt Frankel and Dylan Lewis discuss:
- Family Dollar’s plans to close almost 1,000 locations over the next few years and what it says about the state of discount retail and real estate.
- New York Community Bank’s cash infusion and reverse stock split and why it’s still not enough to get Matt interested.
- The banks to watch instead.
(13:50) Deidre Woollard and Motley Fool analyst Kirsten Guerra dive into Duolingo and how a little bit of its marketing spend has driven a whole lot of revenue growth.
Companies discussed: DLTR, NYCB, DOUL
Host: Dylan Lewis
Guests: Matt Frankel, Deidre Woollard, Kirsten Guerra
Cyberattacks are plaguing the healthcare industry. It's an expensive and dangerous trend that's on the rise. Today, we consider why hacking is surging right now, why healthcare companies are being targeted and what hackers want from them.
In 2016, the Trump campaign used microtargeting to suppress the Clinton vote. Since then, digital malfeasance has become the dominant subplot in our politics. How did the Biden team respond to 'Sleepy Joe' and 'Creepy Joe' in 2020, and what's the game plan for viral disinfo in '24? Issenberg joins Tim today.
Have you ever heard someone described as going "beserk"? Turns out there's a ton of strange history behind this phrase. In tonight's episode, Ben, Matt and Noel explore the bizarre phenomenon of berserkers, the elite Viking fighting force that remains shrouded in myth and controversy in the modern day.
Tim Beiko from the Ethereum Foundation, shares the Importance of the Dencun Upgrade, what are their concerns, and Ethereum's long-term scaling strategy.
In this installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk, discuss the Ethereum Dencun upgrade, a significant upgrade for the Ethereum blockchain, with a special guest, Ethereum Foundation's Tim Beiko.
The upgrade introduces ephemeral data storage, known as blobs, which will reduce storage costs for layer twos and roll-ups. The Dencun upgrade is technology-neutral and does not favor any specific layer2 solution. However, there are concerns about the potential fragmentation of the Ethereum ecosystem and the shift towards less secure chains. Overall, the upgrade is an important step towards Ethereum's long-term scaling plans.
The Stellar Community Fund (SCF) is an open-application awards program that draws on community input to support developers and startups building on Stellar and Soroban. Accelerate your web3 project today.
The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last.
Join Federalist Editor-in-Chief Mollie Hemingway and Senior Editor David Harsanyi as they analyze President Joe Biden's "fiery" State of the Union address, discuss key revelations in Special Counsel Robert Hur's Biden interview, break down how the Jan. 6 Committee suppressed exonerating evidence, and examine Biden's adoption of Hamas propaganda. Mollie and David also review "Cabrini," "The Breakfast Club," and "Facing Nolan" and discuss the politicization of Major League Baseball.
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