Archive for August, 2017

Napster to YouTube:
The beleaguered music
industry in a digital age

August 16, 2017

I have written before about the “arms race” between banks and hackers. But there are other arms races between other industries and, instead of hackers, everyday consumers. The current squabble between YouTube and the music industry provides a good example. A Rolling Stone article reports that YouTube has … become a source of frustration for [...]

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Splitcoin

August 9, 2017

IN A DEVELOPMENT reminiscent of New Coke and Coca-Cola Classic (or, if you prefer, of a bisected hydra), Bitcoin split in two on August 1. As the industry puts it, Bitcoin reached a “hard fork,” dividing itself into “classic” (my word, not theirs) Bitcoin and Bitcoin Cash. No one was surprised. The metaphorical fork had [...]

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Here’s something that
China, Mexico, and Egypt
have in common

August 4, 2017

“Get ready,” Forbes advises China, Egypt, and Mexico. Contributor Madhvi Mavadiya writes that it won’t be long before “… access to financial services will be simplified and made more available to the unbanked and underbanked in these three regions.” This important development is thanks largely to the efforts of the World Bank Group, the Bill [...]

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