The other way to spell bad PR is: free money
Your Rona Coma links for April 30, 2020:
News and Stories
Digital currency arms race: Mickey Ds and Subway are reported to be part of a digital currency trial, but they aren’t doing it with Libra. China got them first.
Bad PR: There’s nothing quite like the lure of “free” money to uncover envy, greed and malfeasance. Innovators are between a rock and a hard place, but some haven’t calculated the cost of bad PR when attempting to get some runway.
Captain obvious: Sometimes old ideas are repackaged as new insights, like opening up and be transparent with your customers.
A Telegram for Investors: Messaging app Telegram postpones launch of its TON blockchain pushing the new go-live date to April 2021 following a law suit from the SEC and triggering a costly clawback clause in its agreement with token-sale investors.
Musk Rant: Tesla CEO Elon Musk lashed out at government stay at home orders as “fascist” in an expletive-laced rant on Tesla’s Q1 2020 earnings call. "Forcibly imprisoning people in their homes against all their constitutional rights.”
Stalin laughs: The news is all aflutter with new andexciting ways to track people, their behaviour and compliance. Stalin used to do this. So did Ceucescu in Romania and the Stasi of East Germany. A free society is defined not by what you can do, but the things you choose NOT to do. This mass surveillance kick is one of those choices.
The future of globalism: The ongoing collaboration amongst different regulators across the world is highlighted here. Part of it is competition. The other part is a recognition of the global highly portable nature of digital asset trading and exchange.
Blockchain’n: Builders in the blockchain space continue in response to and in spite of economic turmoil. What comes next?
Popcorn time: 10 inspiring Netflix movies and documentaries about entrepreneurs to get you out of the Rona Coma.
Release
Reports and Podcasts
Global Payments 2020: BNY Mellon Report: Transformation and Convergence
Podcast: When Currencies Fail: A Primer on the Dollar Crisis in Lebanon
Featured industry partner of the week:
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