"This is not just about distributed technology... it’s about distributed wealth" Continue reading: This is nuts. When’s the crypo crash?
Elsewhere on Tuesday Continue reading: Further reading
Whitbread: wake up and smell not much more coffee. FT Opening Quote, with commentary by Matthew Vincent, is your early Square Mile briefing. You can sign up for the full newsletter here. Continue reading: Opening Quote: Whitbread: wake up and smell not much more coffee
And what is the actual monetary theory that governs crypto logic? Continue reading: Do crypto enthusiasts fear credit?
There's a "fairly definitive" value, but the numbers underpinning it are "not necessarily the right figures"... Continue reading: How much is Saudi Arabia’s Public Investment Fund worth?
Rather than being new or innovative, tokenisation mostly represents the stealth reinvention of collateralised lending, securitisation and repo outside of existing regulation. Continue reading: What is tokenisation really?
The Scottish brewer is crowdfunding again, this time at a £1.7bn valuation. Continue reading: Can Brewdog keep on delivering?
Petra – (a bit of) what’s mine is yours. FT Opening Quote, with commentary by Matthew Vincent, is your early Square Mile briefing. You can sign up for the full newsletter here. Continue reading: Opening Quote: Petra – (a bit of) what’s mine is yours
Elsewhere on Monday Continue reading: Further reading
We'll be back to regular posting on Monday, August 14th. Happy summer! Continue reading: Gone fishing
Live by the sanctions, die by the sanctions? Continue reading: Thought for the weekend
The ICOmedy continues, this time with coins for every occasion. And all because limited single-purpose currency is supposedly so much more logical and useful than the good old cash stuff. Continue reading: From max to minimum optionality with Dentacoin
The owners want to sell. Continue reading: Come in David Newlands, your time at Touchstone is up
In this episode we talked about tax evasion and inequality with UC Berkeley economist Gabriel Zucman. Continue reading: Podcast: Gabriel Zucman on tax evasion and inequality
How a baccarat binge helped launder the world’s biggest cyberheist; how passive investing is now in danger of devouring capitalism; how credit raters ducked reform; an honest business news update; the Irish Farmers Journal weighs in on what you could buy instead of Neymar; other stuff. Continue reading: Further reading
It's time to push back on the hype and consider the long-term costs and unexpected negative externalities of electric vehicles. Continue reading: Electric vehicle realities
Idiots, obviously Continue reading: Who buys DRYS?
Digging into the troubling decline in the personal saving rate. Continue reading: Time to worry about the American consumer?
Bitcoin exchange had too many bitcoins; using volatility to diagnose financial bubbles; veterans of the $48.5bn leveraged buyout of Bell Canada trade war stories; Trump the golfer; robot safecracking; other stuff. Continue reading: Further reading
New research shows that companies respond to the possibility of being excluded from an index of the "best" businesses by boosting margins. Continue reading: How to improve Japanese corporate governance: Shame (and glory)