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Why Do We Need to Control the Value of Money? Let's Find Out
Manage episode 324848908 series 2911874
We’ve always been told that knowledge is power. And it’s true. Information is what drives markets. Do you want to corner a specific market? You need information. Do you want to understand it? You still need information.
For far too long, the people who have had access to this information are the ones on Wall Street, or the ones who can afford ultra-fast internet and tech equipment. But with TARTLE, that’s about to change.
In this episode, Alexander McCaig and Jason Rigby discuss data-grabbing, the battle over money, and how we are at the center of everything.
The Importance of Regulating Emergent TechnologiesRegulation is not bad. In some instances, establishing oversight on markets has been what makes it more accessible for the people on the ground. This is because it protects market participants from malicious actors, especially those who are not familiar with the commodity or currency yet.
Emerging technologies are appealing because they are innovative, and it’s always exciting to think that we may be early adopters of the next big thing. But we have seen just how catastrophic an unregulated commodity or currency can become. It’s not just a matter of losing jobs and money. When the stakes are high, people lose their lives as well. We only need to look at the Wall Street Crash of 1929 to see this.
So when we look at bitcoin and other cryptocurrencies, it’s not enough to find out how we can use these technologies. We need to ask ourselves what the right regulatory response is as well.
The Role of Choice in New TechnologiesWith the introduction of decentralized technologies, particularly in finance, the world has realized one thing: people want choice. Consent in the outcome of new markets.
This highlights the problem we face with fiat currency. Government-issued currency isn’t inherently bad. But printing lots of money is. And an elite, exclusive group of bankers controlling that entire system makes it worse.
Why don’t we get to decide how far we go in our participation, and how much we can get out of it? Why does it feel like someone else is taking advantage of our hard work?
These are questions that anyone is bound to have mulled over in their lifetime. For too long, we’ve had to adjust to the whims of another person or entity. This centralized model does not listen to us, or cater to our needs. It’s time we find a new system to work with.
Why TARTLE WinsOn TARTLE, everybody can be a market participant and a part of the investment. The market is capable of naturally equalizing; everybody can be a part of the investment. Everybody has the same access and the same information on the platform. And of course, everybody is fairly compensated for their hard work.
It’s almost like the relationship between mining and the price of gold. It’s the effort put into extracting the ore and refining it that makes it so expensive. Bitcoin mining operates in a similar fashion. But with TARTLE, you don’t need to have lots of complex equipment or cash to become a data champion.
Nobody takes a cut from your efforts.
It’s time for you to find out: what’s your data worth?
Sign up at TARTLE: https://tartle.co
452 قسمت
Manage episode 324848908 series 2911874
We’ve always been told that knowledge is power. And it’s true. Information is what drives markets. Do you want to corner a specific market? You need information. Do you want to understand it? You still need information.
For far too long, the people who have had access to this information are the ones on Wall Street, or the ones who can afford ultra-fast internet and tech equipment. But with TARTLE, that’s about to change.
In this episode, Alexander McCaig and Jason Rigby discuss data-grabbing, the battle over money, and how we are at the center of everything.
The Importance of Regulating Emergent TechnologiesRegulation is not bad. In some instances, establishing oversight on markets has been what makes it more accessible for the people on the ground. This is because it protects market participants from malicious actors, especially those who are not familiar with the commodity or currency yet.
Emerging technologies are appealing because they are innovative, and it’s always exciting to think that we may be early adopters of the next big thing. But we have seen just how catastrophic an unregulated commodity or currency can become. It’s not just a matter of losing jobs and money. When the stakes are high, people lose their lives as well. We only need to look at the Wall Street Crash of 1929 to see this.
So when we look at bitcoin and other cryptocurrencies, it’s not enough to find out how we can use these technologies. We need to ask ourselves what the right regulatory response is as well.
The Role of Choice in New TechnologiesWith the introduction of decentralized technologies, particularly in finance, the world has realized one thing: people want choice. Consent in the outcome of new markets.
This highlights the problem we face with fiat currency. Government-issued currency isn’t inherently bad. But printing lots of money is. And an elite, exclusive group of bankers controlling that entire system makes it worse.
Why don’t we get to decide how far we go in our participation, and how much we can get out of it? Why does it feel like someone else is taking advantage of our hard work?
These are questions that anyone is bound to have mulled over in their lifetime. For too long, we’ve had to adjust to the whims of another person or entity. This centralized model does not listen to us, or cater to our needs. It’s time we find a new system to work with.
Why TARTLE WinsOn TARTLE, everybody can be a market participant and a part of the investment. The market is capable of naturally equalizing; everybody can be a part of the investment. Everybody has the same access and the same information on the platform. And of course, everybody is fairly compensated for their hard work.
It’s almost like the relationship between mining and the price of gold. It’s the effort put into extracting the ore and refining it that makes it so expensive. Bitcoin mining operates in a similar fashion. But with TARTLE, you don’t need to have lots of complex equipment or cash to become a data champion.
Nobody takes a cut from your efforts.
It’s time for you to find out: what’s your data worth?
Sign up at TARTLE: https://tartle.co
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