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www.bitsaboutmoney.com | ||
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www.fdic.gov
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| | | | | Introduction Good morning. I very much appreciate the invitation to speak to you today. I am especially glad to be here in person. Looking back to pre-pandemic days, there may have been a tendency to take events like this for granted. At least for me, not having had these opportunities for a few years was a reminder of the value of in-person dialogue. So it truly is a pleasure to be with you. | |
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fintechdystopia.com
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| | | | | [AI summary] The text discusses the rise of fintech and its promises to fix the financial system, highlighting the challenges and criticisms of these claims. It traces the roots of financial innovation to the 2008 crisis, where complex financial products were used to circumvent regulations. The text then explores how the VC industry's influence has led to a continuation of risky and complex behaviors in fintech, often driven by the pursuit of short-term gains and legal avoidance. The author critiques the hype around fintech, using ChatGPT's summary of fintech promises as an example of uncritical propaganda. The text also touches on the role of technology in financial systems, the persistence of intermediation despite technological advancements, and the poten... | |
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www.conradbastable.com
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trendless.tech
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| | | Computer files don't often stay the same. They're updated with new information, new metadata, things are moved around, glitchy code is patched, updates roll out to handle changes from other software, databases get cleaned up, and so on. Naturally, across a distributed system (such as cloud synchronization), this can pose extremely complicated challenges. There are [...]Read More... from Blockchain: So What's Bitcoin, Anyway? | ||
