Warren Buffett on Bitcoin: Has His Opinion Changed?

Warren Buffett and Charlie Munger share their thoughts on Bitcoin. Buffett is the CEO of Berkshire Hathaway and is widely considered the greatest investor of all time. His style of investing (first taught by Ben Graham and later adapted through conversations with Charlie Munger) has been studied by many stock investors throughout the world.

On-Line Training - Understanding FinTech

From start-ups in California, New York, London, Europe, the Middle East, Asia and Africa, entrepreneurs are applying their creativity and technical ingenuity all along the financial services value chain.

The current wave of innovation promises a revolution in the production and consumption of financial services.

Aptly combining the words “financial” and “technology” the FinTech revolution promises changes that will democratize financial services.

 

Part 1 - FinTech Basics
Part 2 - Financial Service Functions & Innovation Clusters
Part 3 - Blockchain, Bitcoin & Other Cryptocurrencies

The FinTech revolution holds much promise. This three part course is a basic primer to understanding FinTech in all its forms and guises and presented in conjunction with Illumeo by Citadel Advantage Principal Associate Stanley Epstein.

For Details & Registrations please click on the course title.

Bitcoin and blockchain seem more and more like solutions looking for a problem

From QUARTZ -

"The bitcoin and blockchain world is in a bit of an investment slump.

Venture money flowing into startups working on cryptocurrencies or the technical principles underpinning them, generally known as blockchain technology, is getting harder to come by, according to data from trade publication CoinDesk. “It really seems like we’re in a slow phase with bitcoin and blockchain right now where people are mainly building infrastructure,” says Zavain Dar, a venture capitalist at Lux Capital who has taught classes on cryptocurrency at Stanford and has invested in Blockstream, one of the biggest companies in the sector."

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European Banking Federation Calls for Cryptocurrency Regulation

From NewsBTC –

“The European Banking Federation (EBF), which represents Europe’s largest banking groups, unveiled its vision for digital currencies and cryptocurrency regulation. The group called upon governments and businesses to develop a framework for bitcoin regulation, pointing out that further research and ongoing evaluations of rules should be made.

In particular, the group proposed that a comprehensive framework for cryptocurrency regulation based on existing anti-money laundering laws could be applied. It also acknowledged that the blockchain, which refers to bitcoin’s distributed public ledger, provides a number of interesting opportunities for financial institutions and the collective ecosystem.”

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Citi builds blockchains

From Finextra –

“Citi has been exploring distributed ledger technology for years, building three blockchains and creating its own crypto-currency, dubbed Citicoin, the banking giant has told International Business Times.

Citi Innovation Labs boss Ken Moore says that the systems are at the "pre-production" level and designed to help the bank make sure it is at the "leading edge of this technology and that we can exploit the opportunities within it".

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Why Are Banks Testing Bitcoin's Blockchain? And Why Isn’t Bitcoin Involved?

From American Banker –

“Ask a U.S. banker about the prospects for Bitcoin, a digital currency with no trusted central authority or mechanism to reverse transactions, and you're likely to get a lukewarm answer.

But financial institutions are increasingly taking an interest in Bitcoin's recordkeeping system, known as the blockchain, a so-called distributed ledger that can be used to track much more than stateless electronic tokens.”

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