Technology and Innovation
Technology and Innovation
digital background witn names of cryptocurrency
Aussie Banks In Line for Digital Disruption
fintech causing disruptionATM use is in decline. As technology sends transaction costs towards zero, banks will no longer be able to charge exorbitant fees for standardised, commoditised services. Growth will have to come from elsewhere. This is a sign of things to come for Aussie banks.
Why I’m Going to Live on Bitcoin
We accept bitcoinWhen it all goes wrong, it’s not the already-wealthy who really suffer. It’s the average person on the street. And it’s that average person on the street that bitcoin and cryptocurrency can help to avoid financial disaster when the existing system fails them eventually again.
China Steps Up Its Cryptocurrency Ban
china bitcoin banAnalysts are now pessimistic for bitcoin’s future in China. The Chinese government’s views on digital tokens has escalated quickly. They want to ensure financial stability within their market, and they see cryptocurrencies as a market distributor.