“Bitcoin changes absolutely everything,” said Twitter CEO Jack Dorsey to begin a Fireside Chat with Alex Gladstein at Bitcoin Conference 2021. “And what I’m drawn…
Posts tagged as “Twitter”
Marked interest from Facebook and Twitter in the blockchain space is a boost for cryptocurrency; and, in the case of Twitter CEO Jack Dosey, Bitcoin.Facebook’s…
President elect Donald J Trump took to Twitter last week to promise punitive actions for those companies who left the US. It’s hardly the sort…
[heading]Did You Get Screwed In An IPO?[/heading]
USA TODAY reports that regular joe schmoes of the investing world are getting screwed on the crashing value of recent IPOs. Privileged investors, who enter into the shares early, are contrarily winning big.
There have been 41 initial public offerings in the last year, with stocks such as Twitter, Noodles and Sprouts Farmers Market taking their businesses public. In each of these cases, privileged investors who bought shares at the so-called offering price are sitting on massive profits. Most individual investors, however, are suffering massive losses.
When I saw the headline that Twitter was sparking a new “catalyst for a new technology investment mania”, I spit my tea all over Apple laptop. Thanks Financial Times.
As Financial Times writes, because of Twitter, “a new era has officially begun.”
I think they’ve missed the point.
[heading]Bitcoinomics Chapter 4, Historical Precedents For Bitcoin[/heading]
“A new scientific truth does not triumph by convincing opponents and making them see the light, but rather because its opponents eventually die, and a new generation grows up that is familiar with it.” – Max Planck