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13 Books MBA Professors Are Recommending to Students This Year businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.
Send Disclaimer: I lost $18 at Oaklawn in 1979, and I’m still not over it. The misery of getting nothing for something taught me that I’m not a gambler. I don’t buy lottery tickets, and I don’t invest in individual stocks. I’m not trading dollars for any cryptocurrencies. It should be self-evident, then, that I’m not buying any nonfungible tokens, and wouldn’t even if I was sure I understood exactly what NFTs are. This is an Opinion We d also like to hear yours. Leave a comment below, tweet to us at @ArkBusiness or Last week’s issue of Arkansas Business was devoted mainly to our annual celebration of young business and community leaders, the 40 Under 40. But I hope you also took note of Senior Editor Mark Friedman’s article on NFTs, which he described as “digital collector’s items.” ....
What Are The Risks Of Crypto Savings Accounts? forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Getty Images In February, Tesla announced in an SEC filing that it bought $1.5 billion in bitcoin. The company said while its goal is to accept payments in bitcoin, it also bought the block chain-based currency for more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity. Bitcoin boomed in 2020, rising 400 percent over the course of the year and topping $50,000 per bitcoin for the first time in early 2021, with Tesla CEO Elon Musk leading the Twitter cheerleading. Should business owners follow in Musk s footsteps and replace some of their working cash with crypto? The bitcoin run-up prompted Microsoft co-founder Bill Gates to sound a warning about swimming with the cryptocurrency sharks. My general thought would be that if you have less money than Elon, you should probably watch out, he said in an interview. ....
Analysis Lost or misplaced private keys, after all, are a bane of the crypto world â just recall the Welshman who lost 7,500 Bitcoin (BTC), worth about $400 million today, when he landfilled his PCâs hard drive, forgetting it was the sole repository of his private key. Meanwhile, traditional banks are societyâs safekeepers par excellence , so maybe they can improve the crypto user experience with regard to private keys at the very least. But if major financial institutions are indeed getting involved with cryptocurrencies â and not just in the custody area, as investment bank Morgan Stanley signaled on Feb. 13 a future investment in Bitcoin â why now? Is it just the soaring price of Bitcoin? Or has the evolving blockchain/cryptocurrency industry reached a new level where itâs acceptable even to habitually cautious depository institutions? ....