article thumbnail

Sweden’s Central Bank Floats E-Krona As Digital Currency

PYMNTS

Sweden’s Riksbank is assessing e-krona, a new form of digital currency that hopes to take the country a step closer to the creation of the world’s first central bank digital currency (CBDC), according to reports on Thursday (Feb. The aim of the project is to show how an e-krona could be used by the general public,” Riksbank said.

article thumbnail

Dollars Are For Spending & Investing, Not Saving

Barry Ritholtz

To be more precise, I want to discuss the type of chart that reflects a fundamental misunderstanding of the nature of money, currency, spending, investing, and taxes. That compensation is in a currency that is a widely accepted medium of exchange. Whether it’s a few decades or a century, the math works the same.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Mt. Gox Bitcoin Math That Doesn’t Add Up

PYMNTS

That attitude took an official stance this week when Japan passed a bill that will regulate how bitcoin and virtual currency exchanges operate across the country, What the law calls for is that the exchanges must register with the Japanese Financial Services Agency. Ground Zero’ For Banks And Blockchain.

Math 41
article thumbnail

206: Zebediah Marewangepo

CFO Talks

When I was studying towards my qualifications for university, I had to choose subjects which were in line with medicine, which was maths, biology and chemistry, but somewhere along the line I ended up doing accountancy and I then finished college in 1994. During the time when Zimbabwe dollarised, we were actually using a lot of currencies.

Math 52
article thumbnail

Inflation is here. It’s real. It could take you out of business.

VCFO

You can do your own math on what this will mean to you. a currency) over time. When the percentage is moving up and to the right over time, that indicates that a unit of currency effectively buys less than it did in prior periods. Why Do Currencies Depreciate? Productivity and Absolute Currency Value.

article thumbnail

Bitcoin Tracker: Easy Access Is ‘Easier’ With ATMS & Gift Cards

PYMNTS

The math comes out to one per week. Even after years of effort and hundreds of millions in VC capital invested, digital currency continues to have one major weakness: The world of bitcoin is desolate. is solving one of the biggest challenges that bitcoin has — translating this digital currency into physical goods.”.

Math 78
article thumbnail

EA, Star Wars And The Force (Of Payments) That Wasn’t With Them

PYMNTS

There are — depending on how one counts — four or five different types of “currency” in the game. Securing those types of currency allow players access to better characters, better accessories and better weapons: more or less the elements that make playing a video game enjoyable. Some of those currencies are earned by playing.