Financial Crisis

Brock Piercec

The following article is based on comments made by Brock Pierce at CoinGenius’ Virtual Summit, Collective Intelligence. Coronavirus is something that is disrupting all of our lives, and all of our businesses all over the planet–– really wild times. There will be a huge impact that’s going to come out of it. Great things are

financial crisis

In India, Bangladesh, Pakistan, Nigeria, South Africa, Zimbabwe, and throughout poorer countries, the people aren’t only worried about catching COVID-19: they’re worried about starving to death, too.  The headlines tell the story.  “Lockdown or Starvation? Poorer Economies Weigh Impossible Choice” – Foreign Policy “In Zimbabwe, ‘you win coronavirus or you win starvation’” – ABC “The

In 30 days from now, when we come out of this social distancing, quarantine, etc., people are going to fundamentally question their faith in the US Dollar, thus creating an opportunity to create a digital dollar, as well as cryptocurrencies, such as bitcoin. People don’t remember colonial notes or how the Massachusetts Bay Colony in

Congress passed a $2 trillion stimulus package, the Coronavirus Aid Relief, and Economic Security (CARES) Act. The CARES Act application process is now online. Not only does the Act cover benefits for small business (less than 500 employees), but, also, expands unemployment, particularly for independent gig and 1099 contractors under the Family First Coronavirus Response

We’re looking at a situation like after 1929 or after World War II. The largest factory closings since World War II has hit the United States and Europe. We could witness a retool and shift of production which would echo the industrial transformation of the 1940s, when factories moved from producing consumer goods like cars