This is an existential risk to USDC because instead of operating a mostly legit stablecoin they find themselves unwittingly in the business that FTX found itself wittingly: as the cash management frontend for the Tether cartel.
ECONOMY
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Gresham’s Law: Bad Money Drives Out Good Money
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This is a thing which no serious person should want, but which is predicted by Gresham’s law: bad money drives out good money. In the original context, it referred to money which had or lacked precious metals in the specie. Here, it refers to claims that can turn into cash.
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German Fintech Empowers European Women Investment Access
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finmarie, a German fintech startup by three women, empowers European women financially.
— Antonio Grasso (@antgrasso) 15 novembre 2023
Blending expertise in banking, tech, and marketing, it tackles women's investment gaps.
Learn more > https://t.co/BvqduNqT5X
Paid partnership with @IBMZ #IBMPartner #TodaysArchitects #IBMz pic.twitter.com/P0TbQLFcu1finmarie, a German fintech startup by three women, empowers European women financially. Blending expertise in banking, tech, and marketing, it tackles women's investment gaps. Learn more > https://
bit.ly/3ZZOwQy Paid partnership with @IBMZ #IBMPartner #TodaysArchitects #IBMz -
EU Digital Markets Act Implementation March 7th Europe
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What a Masterclass! We learned about the Digital Markets Act which is the law of the land & will be implemented on March 7th. Great work from Europe #digitalEU #digital #DMA #Europe #innovation #technology @DigitalEU @ArturHabant @elaniaz @pimenteljm @BetaMoroney @NatSchooler pic.twitter.com/rl6yNp31dU
— Nicolas Babin (@Nicochan33) 15 novembre 2023What a Masterclass! We learned about the Digital Markets Act which is the law of the land & will be implemented on March 7th. Great work from Europe #digitalEU #digital #DMA #Europe #innovation #technology @DigitalEU @ArturHabant @elaniaz @pimenteljm @BetaMoroney @NatSchooler
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Custom GPTs Monetization: Spotify Revenue Share Model Speculation
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You're skeptical that people will pay? Or that the Custom GPTs will be useful? I don't think they've said yet if people will set prices or not. Considering they're launching with everything free I kind of think they might be leaning towards a Spotify model. I.E. revenue share
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American Healthcare Costs: Preventable Deaths and Spending Crisis
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American exceptionalism:
Dying from preventable causes and spending a lot for it. -
US Economy Strong But Public Perception Remains Negative
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The US economy is doing amazingly well.
But half the population has been brainwashed into thinking that things are bad. -
Apple’s search advertising revenue deal with Google worth $16 billion
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Google’s search advertising revenue in Q3 was around $44 billion, so 36% would mean Apple got nearly $16 billion. https://
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AI Transforms Financial Services: Trading, Banking, Payments Webinar
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Register for our webinar on 12/5 with @runailabs to learn how AI transforms #financialservices across trading, banking, and payments. https://
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Sustainable and Scalable Generative AI Drives Business Value
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The true value from Generative AI for business will arrive we when we make the AI models more sustainable and scaleable across the economy.