Latest Insights on NABL
This Spinoff Rear-Ended the Used Car Market
October 9, 2024 Banyan Edge, Economy, Investing
I’d rather have a root canal without anesthesia than negotiate with a used-car salesperson. That was the challenge that two retail electronic executives wanted to tackle. In 1991, they came up with a new way to sell used cars. They wanted to create a buying experience that was pleasant and enjoyable. That’s when Richard Sharp and W. Austin Ligon came up with the idea for CarMax… The Fed’s Next Move is Designed to Surprise You
September 19, 2024 Banyan Edge, News, U.S. Economy
The U.S. Federal Reserve holds tremendous power over the U.S. economy. By setting benchmark rates, it dictates the terms for interbank lending — and in turn, the borrowing costs for virtually every business and household in America. But aside from raising or lowering those rates, the Fed has very few meaningful ways to interact with the larger economy (excluding emergency measures, of course). So controlling the flow of information, controlling the perception and expectation of rate cuts, becomes one of the Fed’s most powerful tools. Don’t Buy Trump Coin
September 17, 2024 Artificial Intelligence, Banyan Edge, Investing
At the annual Bitcoin Conference in July, Trump was lauded for promising to ensure America becomes “the crypto capital of the planet and bitcoin superpower of the world.” He also promised to “appoint an SEC chair who will build the future, not block the future.” That’s a direct shot at current SEC Chair Gary Gensler, who has fought crypto entrepreneurs for the entire Biden administration. Last night, Trump went a step further... The New Digital Dollar Is Here
August 27, 2024 Banyan Edge, Cryptocurrency, Currency
Stablecoin is here. In an increasingly digital economy, it will soon be impractical to carry anything but a digital dollar. Nothing Can Escape Tokenization
August 20, 2024 Banyan Edge, Cryptocurrency, Investing
Tokenization is a revolutionary new way to create a unique digital asset that’s not controlled or owned by a government or corporation. In the same way that Satoshi originally created bitcoin as a peer-to-peer electronic currency. All of our digital data — our digital selves — can be tokenized and stored just like you can store cryptocurrency.