How often did I read something like “crypto can help the little men to escape poverty” or “it could make us all financially independent”. Yesterday (I believe) someone posted a study claiming that the average crypto investor knows a lot about crypto, but a lot less about our financial system Read more…
With all the issues with stable coins these days with frauds running around, we need something we can trust. It has to be auditable from outside sources at any time. From the beginning Costco hotdogs were $1.50. They are still $1.50. They are pegged to that value always. No matter Read more…
The exchange rate of the British pound sterling (GBP) and the US dollar (USD) is referred to as “cable” in colloquial language. The term is commonly used by Forex traders. Alternatively, the term can refer to the pound sterling in the United Kingdom. The term “cable” refers to the initial Read more…
Wire transaction refers to an electronic fund transaction that takes place across a network that is managed by financial institutions and transfer service providers all over the globe. Wire transfers require details from the entity requesting the transfer and include information on the sending and receiving entity. These transactions are Read more…
The Commodity Futures Trading Commission aka CFTC is defined as an autonomous US government agency, established in 1974, which regulates the country’s derivatives markets, inclusive of futures, swaps, plus specific categories of options.
Call options can help you earn if your prediction about how a stock will transition comes true. When people speak about options and options trading, they are usually talking about strategies that can be applied to buying and selling calls and puts. Today, let me give you an overview of Read more…
The capital of a business is its resources and funds. Capital can be cash, equipment, accounts receivable, real estate, or apartment buildings. Capital can also mean the money made by a company or organization or the securities of a founder of the company. In this article, we will go deeper Read more…
MAGIC Grants offers undergraduate scholarships to students who are interested in cryptocurrencies. This year, three (3) recipients will each receive $1,000 ($500 per semester) paid directly to the educational institution. We are also pleased to open applications to worldwide students this year, not just US students! Applications are due 18 Read more…
Aussie GDP Declines, But Beats Expectations; US Dollar Firmer; Agricultural Commodities Decline
Welcome to the Monthly Skeptics Discussion thread. As the title implies, the purpose of this thread is to promote rational discussion about cryptocurrency related topics but with an emphasis on skepticism. This thread is intended to be an outlet for critical discussion, since it is often suppressed. Please read the Read more…