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The best way to take control of Bitcoin? Rally other greedy “selfish miners”

The best way to take control of Bitcoin? Rally other greedy “selfish miners” | banking | Scoop.it
New research says luring others with big returns could lead to Bitcoin dominance. (Good read @suryaray The best way to take control of Bitcoin?
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Rescooped by Mike King from Gold and What Moves it.
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There Are Absolutely Terrifying Risks Facing Global Markets

There Are Absolutely Terrifying Risks Facing Global Markets | banking | Scoop.it

Today a legendary value investor warned King World News that the financial world is in an incredibly precarious position and that for many countries there is a big risk of a collapse.  Jean-Marie Eveillard, who oversees more than $65 billion, also spoke about Russia, Putin, and gold.  Below is what the legendary investor had to say.

 

“But what troubles me, and why it could be the calm before the storm, is the fact that the original flaw of the euro is still there.  How can you have a common currency without having one European government?  This has prevailed for 10 years, but things work until they don’t work.

 

And the problem for the euro is that today, not the Italians, French, Germans, or the Greeks for that matter, nobody wants a European government.  So you still have the  problem of the euro existing, but at the same time each country is making its own decisions.  These are decisions having to do with government spending and taxes in particular.

 

A second problem for Europe going forward is that in the countries which have been suffering for several years now, you may well see increased social upheaval.  The people may say, ‘Enough is enough, we don’t want to suffer anymore.’ ...


Via Hal
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Hal's curator insight, August 20, 2013 1:41 PM

Click over for the full interview. It's ever more clear that globally things are tenuous.

Rescooped by Mike King from P2P and Social Lending: Global Trends
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Banks: Change The Way Of Your Business Or Die

Banks: Change The Way Of Your Business Or Die | banking | Scoop.it
Banks Must Enter Businesses (Seemingly) Unrelated to Banking
American Banker (subscription)
To make the same statement for the lending side would be even easier.

Via P2P Consultants
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P2P Consultants's curator insight, July 23, 2013 9:43 PM

 

key point:

 

The bank of the future will be more personal and tailor-made. Banks today find themselves stuck with legacy technology systems for the simple reason that it's so cumbersome to switch from one provider to another. But banks cannot assume their customers will always suffer from such inerti


Banks will enter into various types of p2p lending platforms.