The Purpose of Cryptocurrency

The Purpose of Cryptocurrency

The Purpose of Cryptocurrency $BTCUSD For many Bitcoin (BTC) is and has always been a mystery. There is no such thing as a Bitcoin “coin”. It is shown as a coin because that’s a useful analogy. It is an Encryption Key, 1 of roughly 21-M answers to an intricate computer puzzle, that can only exist on […]

Most Americans Worse Off Than Before Great Recession

Most Americans Worse Off Than Before Great Recession

Most Americans Worse Off Than Before Great Recession Newly released income and wealth data from the Federal Reserve Board’s triennial Survey of Consumer Finances show that America’s richest families enjoyed gains in income and net worth over the last decade. The Big Q: Not part of the Top 10%? The Big A: Then your income probably fell. […]

World’s Top 10 Billionaires Have Combined Net Worth of $582-B

World’s Top 10 Billionaires Have Combined Net Worth of $582-B

World’s Top 10 Billionaires Have Combined Net Worth of $582-B $MSFT, $BRK.A,  $AMZN, $FB, $TSLA Microsoft’s (NASDAQ:MSFT) Bill Gates tops a soon-to-be-released list of the world’s Top 10 billionaires at $89.3-B, followed by his friend Warren Buffett (NYSE:BRK.A) at $73.5-B. The Top 10 billionaires, 9 from the United States, 1 from Spain have a combined net […]

Hong Kong Billionaires Top the World’s List

Hong Kong Billionaires Top the World’s List

Hong Kong Billionaires Top the World’s List $AMC Over 50% of the Hong Kong billionaires ranked among the world’s 500 richest people derive their fortunes from property, controlling $119-B in total net worth. Property moguls from the US, a country with more than 40X HK’s population and almost 9X the representation on the Billionaires Index are […]