Is Bitcoin in its death throes? Ted Bauman seems to think so, and with their prestigious reputation, taking note of their thoughts would be wise. As Bitcoin continues its wildly exorbitant growth, a dangerous flaw has been uncovered in the blockchain which may soon stifle its growth, and possibly even end in the death of the cryptocurrency giant. With the growth of the bitcoin network, transaction times continue to rise, and the blockchain’s lack of scalability has become jarringly apparent. Compared to standard credit card transactions, bitcoin is practically crawling. Learn more at Seeking Alpha about Ted Bauman
Miners Scramble to Solve Bitcoin’s Flaws
So what’s the solution to this looming catastrophe? Ted Bauman believes that it’s reducing overhead and increasing efficiency. Many bitcoin miners thought the same thing, attempting to implement technology to reduce the amount of data per block. However, this project wasn’t meant to be, and it was brought down by security concerns before ever making it off of the assembly line.
There has been another attempt at solving the problem though. Enter Bitcoin Cash, a hard fork of bitcoin with increased block size, and improved transaction times. The branch aims to solve the issue by simple brute force, which, while it doesn’t solve the underlying issue, gives miners more time to find a permanent solution. Bauman remains hopeful yet cautious in regards to Bitcoin Cash, as well as cryptocurrency as a whole, with wildly fluctuating values and the possibility of a bubble.
Why Bitcoin Cash is Necessary
Bitcoin’s primary issue is that it simply isn’t scalable. Only able to handle six or seven transactions per second, compared to the thousands of traditional credit card services, Bitcoin slows to a crawl when large transaction volumes are present. At this point, transactions can take as many as 40 minutes simply to process, with that figure only increasing as more investors move in. It doesn’t take a financial genius to see that it’s simply not sustainable. Read more about Ted Bauman at talkmarkets.com
Few can claim to have the same level of financial expertise exhibited by Ted Bauman. With many years of experience in investment, consulting, management, and publishing, he is one of the most prestigious figures in the financial world. He has offered his own unique solutions to a number of looming economic problems, from debt to crypto.
Prior to his involvement in cryptocurrency, Bauman had taken on a major role in international business and finance. Serving clients such as the World Bank and the United Nations, Bauman is certainly worth his salt, and when he has something to say about finances, it may be best to listen.
Read more on Banyanhill:https://banyanhill.com/expert/ted-bauman/
If you want to consider the 2016 Presidential Race some sort of film then we’d merely embrace it as the opening act. After the election of Donald Trump one thing is abundantly clear: the political powerhouses that have kept the United States on point and in the right hands are back and ready to fight for what is right. That’s right, noted billionaire progressive George Soros has re-emerged as a staunch advocate for human rights, social justice, and economic equality. Soros’ return to the political machine came as a surprise to many of his progressive backers after the noted philanthropist had decided to step away. However, the threat posed by President Trump was simply too great for him to ignore.
A brief introduction to George Soros is in order for anyone who may not understand the full importance of his political return. Soros is by far one of the most successful investors to ever step foot in the United States. Soros is a Hungarian Born, New York resident. Soros has a long and storied history that could be made right into a film and most people would be cheering him on. Soros work is far more important than what he has just done for his investors and his bottom line. In fact, Soros is one of the most renowned philanthropists on the planet — something we’ll get more into here in a little bit. But with this brief introduction in place, we can focus on why Soros’ return is so important. Read more about George’s life story at biography.com.
George Soros rose to political fame when he backed Al Gore in his Presidential bid against the incumbent George W. Bush. Of course this election became contentious and to this day the results are still not accepted by many. With that said, Soros made himself a global player in the progressive game. Soros put his money where his mouth was and made it abundantly clear that he was ready to help lead the progressive cause forward. Still, Soros knew that he didn’t want money to influence politics and he thus took a relative back seat, until the November Election. Learn more on Discover the Networks about George Soros.
Soros knew that a President Trump could be disastrous for the United States so he made sure to put his chips in behind Democratic Nominee Hillary Clinton. Clinton obviously did not win the election but her ability to bring George Soros out into the mainstream again could have long ranging effects for years to come. Soros is now working hand in hand with other top flight progresses in order to ensure that the world continues spinning, despite whatever regressive agenda President Trump might put forth.
A great example of Soros and his philanthropy is the Open Society Foundations. This is Soros’ huge philanthropic endeavor that has helped hook up progressive causes around the world with the money that they need to succeed. A great example is how the Ferguson Protests utilized funding from George Soros in order to get their message of equality out to the world in an era where people aren’t as inclined to listen.
Read more: http://www.forbes.com/profile/george-soros/
Igor Cornelsen is an investment banker and financier. He made his name in Brazil, where he was a top banker and would manager some of Brazil’s top banks. Facebook shows Igor currently resides in South Florida, and plays golf. He sometimes work as a consultant in the banking industry with an expertise in banking and commodities. He believes there are stock opportunities in the markets and that you can capitalize on them.
He is currently a proprietor of Bainbridge Inc. and this is where he is an expert on Brazilian banking. He has created a short and easy profile for people to learn Brazilian banking and he has advice such as Brazilian banks have ten major players that he lists.
He also says that a fresh new face could turn banks around. He is also a big liker of Joachim Levy who he has is a contrast from President Rousseff’s views on fiscal reform. He is seen as stronger on the markets.
Cornelsen also says pay attention to China as a future player. He talks about keep connected as this while give you a greater connection to your investments. He then talks about the value of the currency. He thinks the new Brazilian administration will be more pro-market and this will spark investments in industry. In this environment, it is worth noting that two Brazilian companies have seen large gains.
Cornelsen thought that Brazil’s real was overvalued, but now he think’s it right. Igor Cornelsen‘s skills in his knowledge of Brazilian banking have made him in an expert banker operating in the United States. Check him out on Tripod, one of Igor’s official websites.