John Hawkins's articles BUSINESS & ECONOMICS EDITOR'S PICK FINANCE New Studies Show Bitcoin Has No Mainstream Use And Is More Like Gambling Key Takeaway Bitcoin and other cryptocurrencies are becoming mainstream, but the true success of these cryptocurrencies depends on the average punter selling them for more than they bought them. The Reserve Bank of Australia’s data shows that cryptocurrency is rarely used for buying things, with only 2% of adults using it as a payments instrument. […] Saving Bookmark this article Bookmarked BUSINESS & ECONOMICS EDITOR'S PICK FINANCE What You Need To Know About “Stagflation” Key Takeaways: “Stagflation” is an ugly word for an ugly situation – the unpleasant combination of economic stagnation and inflation. Unlike in the past, stagflation today would occur alongside heightened financial vulnerabilities, including stretched asset prices and high debt levels, which could magnify any growth slowdown. There is also a need to rebuild monetary and […] Saving Bookmark this article Bookmarked ART & DESIGN EDITOR'S PICK FINANCE TECHNOLOGY NFTs: An Overblown Speculative Bubble? Key Takeaways: While publicity given to the rapper’s purchase certainly seems to have boosted demand, the average price paid for Bored Ape NFTs so far in 2022 is about 83 Ether (currently about US$280,000). With prices disconnected from any future cash flows, there is less interest in forecasts from technical experts. A lot like Ponzi […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE New Studies Show Bitcoin Has No Mainstream Use And Is More Like Gambling Key Takeaway Bitcoin and other cryptocurrencies are becoming mainstream, but the true success of these cryptocurrencies depends on the average punter selling them for more than they bought them. The Reserve Bank of Australia’s data shows that cryptocurrency is rarely used for buying things, with only 2% of adults using it as a payments instrument. […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE What You Need To Know About “Stagflation” Key Takeaways: “Stagflation” is an ugly word for an ugly situation – the unpleasant combination of economic stagnation and inflation. Unlike in the past, stagflation today would occur alongside heightened financial vulnerabilities, including stretched asset prices and high debt levels, which could magnify any growth slowdown. There is also a need to rebuild monetary and […] Saving Bookmark this article Bookmarked
ART & DESIGN EDITOR'S PICK FINANCE TECHNOLOGY NFTs: An Overblown Speculative Bubble? Key Takeaways: While publicity given to the rapper’s purchase certainly seems to have boosted demand, the average price paid for Bored Ape NFTs so far in 2022 is about 83 Ether (currently about US$280,000). With prices disconnected from any future cash flows, there is less interest in forecasts from technical experts. A lot like Ponzi […] Saving Bookmark this article Bookmarked