(This is Part 2 of a two-part series. Click here to read Part 1.)
The recent rapid rise in what have been dubbed meme stocks shows how a community can quickly coalesce around an idea and take action, causing massive market effects in ways that would have taken years or decades in prior generations and eras. As the viability of these efforts have proven themselves, this has led to efforts to coalesce around other instruments of value.
For example,
Throughout most of Humanity’s existence, there were attributes of daily life that remained fairly consistent, with few differences. Whether one looks at ancient Egypt or colonial America thousands of years later, there were horse-drawn carriages, fire-lit homes, no indoor plumbing, high mortality rates due to disease and infection, and so on. Trade was conducted in fairly similar ways as well, with barter and gold coins prevalent.
It is therefore
Occasionally there are articles published about the concerns of private crypto exchanges. Private exchanges are open to the public, but are not registered with any regulatory agencies and therefore do not have the same supposed transparency as public exchanges, which are scrutinized (and controlled) by agencies such as the SEC. Some argue that the lack of regulatory oversight could increase risk for coin holders, even though private exchanges are
META 1 Coin Trust firmly believes in the power of the individual – the Human – to achieve great things. We admire the heroism and achievements of special individuals from the Founding Fathers to modern-era giants like Dr. Martin Luther King, Jr. Each person is capable of so much more than one can imagine and can experience abundance with the right tools.
Non-human entities, such as corporations and other institutions have long understood
GameStop (GME) is a brand with strong sentimental value among millennials who fondly recall buying videogames at its stores years ago. In recent years, as the company’s popularity declined, the stock price of the company generally hovered around $4 per share.
That was until late 2020, when it began to rise in value after some individuals on the popular online forum site Reddit made some observations about extensive short positions and decided
According to reports from reputable news sources, the endowment funds of famed Ivy League universities Harvard, Yale, and Brown have been discreetly buying cryptocurrency for about a year. Other colleges, including the University of Michigan, have also been participating in crypto exchanges.
Some of their involvement in the digital currency space began in 2018 with investments in crypto venture capital funds and blockchain technology. Sources indicate
A few days ago, incoming U.S. Treasury Secretary (and former Federal Reserve chair) Dr. Janet Yellen addressed the Senate and discussed numerous economic topics. She was asked to discuss her views about “safeguards and regulations for digital and cryptocurrencies.” Her response provides some clues as to what the future of crypto may look like under the new administration.
On the positive side, Yellen replied “I think it’s important we consider
In theory, the law and courtrooms are designed to provide equal protection and treatment for all. In the United States, one is considered innocent until proven guilty. We are judged by a jury of our peers, and while no system is perfect, justice has been served well enough to sustain democracy and modern society.
Nevertheless, anyone who has been in the unfortunate position of being a defendant in a civil legal case (for example, involving claims
There is an old expression which historically has had a negative connotation: the rich get richer, while the poor get poorer. However, there is also a deeper lesson to be learned from that statement as well. Namely, if one examines the habits of those who are wealthy, one can benefit from greater potential wealth in the long-term by emulating them. This begs the question: what is it that the rich are doing that is helping them get richer?
Some of
Before the modern era, people lived among tribes which were often nomadic. With limited technology available to maximize resources in one location, tribes sought new fertile lands for survival, as they banded together for mutual protection. As the size of these tribes grew, nations were born based on common heritage and history. As the need for a nomadic lifestyle diminished, nations formed boundaries around their ancestral lands and used these