asterisk2a + wallet   7

Bank of England: Bitcoin is "Harder Money" than Gold Due to Deflation – Bitcoin Magazine
During a presentation on digital currencies entitled “Old Money, New Money,” Andy Haldane, Chief Economist & the Executive Director of Monetary Analysis and Statistics of the Bank of England and his team stated that “Digital currencies are ‘harder money’ than a gold standard” because “sustained adoption [of bitcoin] would see ongoing deflation.” [...] 2 million UK adults do not have bank accounts and 2.5 billion people in the world have no access to financial services, said Haldane. However, given the estimate that 80% of the world’s population will own a smartphone within 5 years, Haldane believes that many could turn toward digital currency to store their savings. // &! bit.ly/1U0UYMM - Enabling New Internet Applications (no transaction minimum, no transaction fee) // &! W3C toEstablish Online Payment Standards - bit.ly/1Nye7py - Internet pioneers such as Ted Nelson, Marc Andreessen & Berners-Lee himself thought that the Internet should have a built-in framework for micropayments.
Bitcoin  deflationary  deflation  fiat  currency  fiat  money  monetary  policy  Gold  Standard  economic  history  FinTech  underbanked  emerging  market  Developing  World  W3C  micropayment  micropayments  payment  payment-system  payments  PayPal  Braintree  Stripe  Amazon  Google  Google  Wallet  creditcard  oligopoly  oligopol  banking  crisis  banking  fractional  reserve  banking  financial  market  barriers  to  entry  cost  of  entry 
august 2015 by asterisk2a
Google CFO Ruth Porat Brings Fiscal Discipline - Bloomberg Business
- hire of Porat makes doubly sense in light of restructuring for the future to Alphabet Inc. holdings // w competition left and right, change in landscape, Europe antitrust, failed Google X project, and other failed acquisitions and internal (new) product launches ... making people able to move in a new landscape. Google is now and has been now for some time, the target for everyone.
Google  Inc.  Google  Google  Search  Alphabet  Inc.  conglomerate  Wall  Street  shareholder  value  profit  maximisation  competitive  competitiveness  Agile  capitalism  Don't  be  evil  Google  X  Google  Capital  Google  Ventures  Android  Sundar  Pichai  self-driving  cars  autonomous  car  Google  Fiber  Project  Loon  Makani  Nest  Labs  YouTube  Calico  business  management  R&D  competition  Google  Glass  Google  Wallet  Google  Play  Google  News 
august 2015 by asterisk2a
Google Creates New Company Called Alphabet, Restructures Stock - Bloomberg Business
[ Cracking under Wall Streets pressure ] The new structure [ holding company ] will give greater clarity into how Google invests in various ventures, including driverless cars, high-speed Internet service and health-related technologies. It also makes it easier to make any future acquisitions or potential divestments. [...] Sundar Pichai, Page’s deputy, will be promoted to become CEO of Google Inc., which generates the bulk of the company’s $60 billion in annual revenue. Omid Kordestani will transition from his role as chief business officer to become an adviser to Alphabet and Google. “Sergey and Larry will be able to allocate their time differently between the core and non-core businesses,” “You have Sundar focusing on the core business, and you will have Larry and Sergey kind of looking at the future growth businesses.” [...] [Larry Page] “Our company is operating well today, but we think we can make it cleaner and more accountable.” [ Google Inc. = Search worlds information. ]
Google  conglomerate  Wall  Street  shareholder  value  profit  maximisation  Alphabet  Inc.  Google  Search  Google  Inc.  capitalism  Don't  be  evil  Google  X  Google  Capital  Google  Ventures  Android  Sundar  Pichai  self-driving  cars  autonomous  car  Google  Fiber  Project  Loon  Makani  Nest  Labs  YouTube  Calico  business  management  R&D  competitive  competition  competitiveness  Agile  Google  Glass  Google  Wallet  Google  Play  Google  News 
august 2015 by asterisk2a
Sure Stripe has more cash, but does it have a path to exit? | PandoDaily
The problem with raising capital at nosebleed valuations is that the number of scenarios under which a positive outcome is possible becomes greatly diminished. By raising at $3.5 billion, Stripe, [... and Investors ...] — are betting that the company can exit at or above $7 billion. That’s a steep price and largely eliminates acquisition as an option. The list of potential acquirers is likely limited to Facebook, Google, Apple, eBay, Amazon, and Alibaba in the tech sector. On the financial side, there are the large banks and credit card companies. But it’s hard to see anyone ponying up $7 billion to acquire Stripe, which has yet to prove that it has a sustainable business or attractive margins. [...] Not every round requires a doubling valuation, and in this case, it may turn out that everyone involved would be better if more modesty was applied. [...] [ Merger of Square & Stripe as worst case scenario? ] [ & IPOs to forget - Box, Groupon, Zynga, HortonWorks ... ]
Venture  Capital  Stripe  Apple  Pay  PayPal  Google  Wallet  Bitcoin  Amazon  Alibaba  Rakuten  Silicon  Valley  growth  round  exitstrategy  exit  strategy  IPO  M&A  business  model  margin  AliPay  Braintree  mobile  first  mobile  homescreen  Platform  network  effect  economies  of  scale  scaling  scale  Venmo  valuation  ycombinator  Unicorn  Square  Wall  Street  mobile  payments  online  payments  creditcard  Visa  Mastercard  payments  micropayments  Start-Up  lesson  Start-Up  advice 
december 2014 by asterisk2a
Why Apple Pay Will Hurt PayPal | Re/code
[ A commoditization drives down prices/charges. Credit Card Companies will in the future charge less or gobble up maybe Stripe (Visa or other one) as people link up their bank account with one or more online/mobile payment options and leave credit cards at home, or as early adopters might do - get even rid of credit cards. as ur phone is your wallet. ] 3. PayPal is now battling both Apple and Google for real estate on the checkout pages of mobile apps. PayPal has history on its side, but Apple and Google arguably have greater affection from consumers. If payment buttons from Apple and Google proliferate, PayPal’s button suffers. PayPal and Braintree see their button as a way to convince app makers to use their system. But that system has lost its unique place within the world of app payments with Apple Pay coming into the picture.
Apple  Pay  PayPal  Stripe  Braintree  Amazon  Google  Wallet  e-commerce  ecommerce  commoditization  commodity  business  credit  card  banking  user  experience  adoption  early  adopter  early  stage  frictionless  friction  Silicon  Valley 
september 2014 by asterisk2a
Vinod Khosla talks to me about payments (he invested in Square and Tapingo, among others). - YouTube
placing bets early when times are uncertain. when something becomes obvious, it's already too late and the herding effect takes hold and thus competition and fight over airtime and attention (which is expensive). /// http://www.apple.com/apple-pay/
Venture  Capital  Silicon  Valley  Apple  Pay  Square  PayPal  Google  Wallet  Amazon  Stripe  Tapingo  BrainTree  Bitcoin 
september 2014 by asterisk2a

related tags

adopter  adoption  advice  Agile  Alibaba  AliPay  Alphabet  Amazon  Android  Apple  autonomous  banking  barriers  be  Bitcoin  Braintree  BrainTree  business  Calico  Capital  capitalism  car  card  cars  commoditization  commodity  competition  competitive  competitiveness  conglomerate  cost  credit  creditcard  crisis  currency  deflation  deflationary  Developing  Don't  e-commerce  early  ecommerce  economic  economies  effect  emerging  entry  evil  exit  exitstrategy  experience  fiat  Fiber  financial  FinTech  first  fractional  friction  frictionless  Glass  Gold  Google  growth  history  homescreen  Inc.  IPO  Labs  lesson  Loon  M&A  Makani  management  margin  market  Mastercard  maximisation  micropayment  micropayments  mobile  model  monetary  money  Nest  network  News  of  oligopol  oligopoly  online  Pay  payment  payment-system  payments  PayPal  Paypal  Pichai  Platform  Play  policy  profit  Project  R&D  Rakuten  reserve  round  scale  scaling  Search  self-driving  shareholder  Silicon  Square  stage  Standard  Start-Up  strategy  Street  Stripe  Sundar  Tapingo  to  underbanked  Unicorn  user  Valley  valuation  value  Venmo  Venture  Ventures  Visa  VISA  W3C  Wall  Wallet  World  X  ycombinator  YouTube 

Copy this bookmark:



description:


tags: