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Better money for all

Right now, asset-backed tokens are solving many of the devaluation problems that come from other tokenization methods. This is largely due to the tangible value tied to the token and how that affects volatility and intrinsic value.

Gold is money, and for 5,000 years, it has been used as a medium of exchange. Gold, as an asset class, has one of the richest and longest histories of all the natural assets to have been bestowed with such high value by humankind. So if we can tie the value of gold to a token, you have a unique way to protect against impending doom and enforce stability in the system.

Just as the Internet revolutionized information flow, the blockchain will revolutionize information validation. Mass disintermediation will be the next quantum leap in human productivity. Blockchain is poised to eliminate 99% of the friction involved in transacting in real things, such as gold, silver, and other commodities, displacing all who are currently employed in those frictional processes.

People that are calling cryptocurrency the next money and currency are missing the bigger picture. When you combine gold, which is one of the oldest forms of payment, with a technological and financial advancement like asset-backed tokens, you have the best of both worlds. Transacting on the blockchain will give gold asset-backed crypto-tokens tremendous value, in the same way that the global oil trade in US dollars gave the US dollar its throne seat for over forty years – people are forced to use it. 

How Fiat currencies are Tied to their government’s economic performance

VANNA White took centre stage on Monday.

The Wheel of Fortune letter-spinner was seen for the first time in 37 years stepping into the host role.

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Vanna White was seen hosting Wheel of Fortune on Monday, for the first timeCredit: Wheel Of Fortune

The 62-year-old beauty delighted fans of the show, as she filled the role in place of longtime host Pat Sajak – who had to undergo emergency surgery last month.

Vanna stepped into the breach, after Sajak, 73, went into hospital to correct a blocked intestine.

Filming had stopped for one day but resumed with Vanna in the spotlight.

The star was seen on screen with Minnie Mouse helping out with White’s usual role.

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The 62-year-old beauty delighted fans of the show, as she filled the role in place of longtime host Pat Sajak – who had to undergo emergency surgery last monthCredit: Getty

December 6, 2019 CHRISTOPHER RUGABER

WASHINGTON (AP) — American businesses have complained for years that they can’t find the workers they need to fill available jobs. November’s robust hiring gain suggests that at least some have found a way to do so.

With the unemployment rate now at a half-century low of 3.5%, many economists have also warned that hiring would soon slow simply because there are fewer unemployed workers available.

That day may still come, but it didn’t in November. Employers added 266,000 jobs last month, the most since January. Monthly hiring has, in fact, picked up since earlier this year: It averaged 205,000 for the past three months, up from a recent low of 135,000 in July.

Friday’s jobs report largely squelched fears of a recession that had taken hold in the summer. Steady job growth has helped reassure consumers that the economy is expanding and that their jobs and incomes remain secure. That should boost spending and growth in the months ahead.

President Donald Trump seized on the strong jobs report as he tries to focus voters’ attention on the state of the economy rather than the impeachment inquiry being led by House Democrats. The latest numbers also come as Trump’s trade war with China had prompted companies to cut back on their investments in plants and industrial equipment, slowing growth.

“Without the horror show that is the Radical Left, Do Nothing Democrats, the Stock Markets and Economy would be even better, if that is possible, and the Border would be closed to the evil of Drugs, Gangs and all other problems! #2020,” the president tweeted.

He returned to the report later Friday, tweeting: JOBS, JOBS, JOBS!”

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• The total crypto market cap jumped from $188.0B, but it failed to stay above $200.0B.
• Bitcoin price rally above the $7,500 level was completely reversed.
• BCH price is somehow holding the key $205 and $200 support levels.
• EOS price is facing a strong resistance near the $2.700 area.
• Stellar (XLM) price could continue to move down towards the main $0.0500 support area.
• Tron (TRX) price is down 2% and it is approaching the $0.0140 support area.

Bitcoin (BTC) and the crypto market cap are resuming their downtrend. Ethereum (ETH), BCH, stellar (XLM), ADA, EOS, litecoin, ripple, and tron (TRX) are likely to continue lower.

Bitcoin Cash Price Analysis

Recently, bitcoin cash price tested the main $200 support area and later started a decent recovery against the US Dollar. BCH price climbed above the $210 and $215 levels. However, it failed to surpass the key $220 resistance area.

As a result, there was a fresh decline below the $210 level and the price seems to be heading back towards the main $200 support area. Any further losses may perhaps push the price towards the $185 support.

Stellar (XLM), EOS and Tron (TRX) Price Analysis

EOS price made another attempt to settle above the $2.700 and $2.750 resistance levels. However, the price failed to continue higher and it is now declining towards $2.600. The key support on the downside is near the $2.500 level, below which the price could revisit the $2.350 support.

Stellar price remained in a bearish zone below the $0.0585 and $0.0600 resistance levels. XLM price is currently declining and it seems like it could break the $0.0520 support area. Any further losses may lead the price towards the $0.0500 zone.

Vancouver-founded customer experience management startup Vision Critical Communications has announced it is replacing its CEO Scott Miller with Ross Wainwright and is moving its headquarters to Toronto.

Vision Critical said Vancouver will remain an important hub for the company.

Wainwright comes to Vision Critical from global networking and services provider Dimension Data/NTT, where he led the Americas region as CEO. The outgoing Miller will remain on the Vision Critical board of directors, where Wainwright will also obtain a seat.
 

Riaz Raihan is also set to join Vision Critical as president of products, and will officially begin next month. A Vision Critical spokeswoman told Business in Vancouver that transitioning the headquarters from Vancouver to Toronto was due to the fact both Wainwright and Raihan will be based there.

“Ross is an exceptional business leader and a proven CEO with a track record of leading diverse executive teams that deliver high-quality performance in complex enterprise software,” said Phil Deck, chairman of the Vision Critical board. “Riaz has an impressive history as a global C-suite digital technology executive leading product management and engineering teams.”

The recent change in guard comes a number of years after what The Globe and Mail has reported as a period of infighting between former CEO Angus Reid and directors and shareholders at Vision Critical, which ended with W Capital Partners and Georgian Partners buying out Reid. Miller took over as CEO around 2016 and was able to bring the company to positive cash flow this year.

RELATED: Vision Critical founder Andrew Reid leaving executive team to found spinoff company

U.S. employers unexpectedly put the brakes on hiring in November, according to ADP Research Institute and Moody’s Analytics.

Private sector employment increased by 67,000 jobs, dropping 45% from the prior month’s pace, according to the jobs report issued on Wednesday. Economists expected an increase of 150,000 jobs in November, according to the average estimate in a Dow Jones poll.

“The job market is losing its shine,” said Mark Zandi, chief economist of Moody’s Analytics. “Manufacturers, commodity producers, and retailers are shedding jobs. Job openings are declining and if job growth slows any further unemployment will increase.

The healthcare industry was a bright spot in the report, while the manufacturing sector continued to struggle, said Ahu Yildirmaz, ADP Research Institute’s vice president and co-head of the ADP Research Institute.

“The goods producers still struggled; whereas, the service providers remained in positive territory driven by healthcare and professional services,” Yildirmaz said. “Job creation slowed across all company sizes; however, the pattern remained largely the same, as small companies continued to face more pressure than their larger competitors.”

The chart below demonstrates the rate of increase since 2013:

The report reveals that the number of jobs added in October was revised down from 125,000 to 121,000.

Below is a breakdown of job segments that saw changes in employment between October and November:

Online payments service Skrill has introduced a new feature allowing users to directly exchange cryptocurrencies. The crypto-to-crypto option gives you the opportunity to use bitcoin core (BTC) stored in your wallet to buy and sell eight other supported cryptocurrencies, including bitcoin cash (BCH).

Also read: Pornhub Suggests Crypto Payments After Paypal Censors Model Payouts

Buy Crypto With Crypto

Skrill, formerly known as Moneybookers, is popular in Europe where it’s used for online payments with 15,000 merchants as well as international money transfers. The U.K.-based e-wallet provider is one of those established payment systems that have opened to decentralized digital currencies in the past couple of years. The company recently tweeted:

Buying and selling crypto with Skrill just got even better. Introducing crypto-to-crypto – a new feature that lets you use your bitcoin balance to buy and sell the other 8 cryptocurrencies we offer.

Having an in-app coin swap option is a great addition to any payment platform as users can save on fees for additional exchange transactions involving fiat. Bitcoin.com’s own non-custodial wallet lets you exchange between BTC and BCH within the app through an integration with the automated coin swap platform Sideshift.

Anjarwalla & Khanna is a visionary law firm. We think differently and we’ve built a culture where individual skills and personalities can shine through. We believe that innovation comes from having an inclusive culture of genuine equality and diversity and we are seeking a dynamic Legal Technology officer.
The successful candidate will have an understanding of legal service offerings and knowledge of legal technology, and will be expected to develop an understanding of the way our lawyers work and the needs of our clients. The candidate will also promote to our lawyers the benefits of legal technology, and will advise and assist them in designing innovative approaches and processes for the benefit of our clients. The role will foster Anjarwalla & Khanna (AKI) and the reputation as a thought leader for legal tech solutions.

Roles and responsibilities: