A group of us were discussing blockchain technology, when one member of our party dropped a bomb into the conversation…
‘I don’t see what all the fuss is about… blockchain — it’s just a spreadsheet.’
Well you could have heard a pin drop. It’s just a spreadsheet! Just a spreadsheet!?
We were dumbfounded. How could our hopes and dreams of a new and liberated financial system be crushed by this simple throwaway line? It was time to do some soul searching.
There would be very few in the blockchain space who would refer to this amazing new technology as ‘just…
There was zero social distancing in the hall,
This gathering would be attended by all;
A cryptocurrency bonanza,
A blockchain — extravaganza.
Bitcoin veterans suave as could be,
Buterin’s boys singing Ethereum Me.
Binance reps were strutting the floor,
Litecoin ladies gave greeting at the door.
Ripple was there, but feeling unwelcome up-back;
with the Monero men, all shrouded in black.
Tezos was seated, Zcash was too,
NEO and NEM had just stepped out to the loo.
As Satoshi softly keyed the grand piano,
Closely nearby stood the likes of EOS, Xaya and Cardano. …
‘One of the great mistakes is to judge policies and programs by their intentions rather than their results.’
Milton Friedman Interview with Richard Heffner on The Open Mind (7 December 1975)
Professor Milton Friedman; (July 31, 1912 — November 16, 2006), was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences.
As a proponent for free markets, personal liberties, individual property rights and small government, Professor Friedman provides refreshing insight into both the mechanisms of an effective economy; and, the types of theory, decisions and policies which lead to an ineffective one.
If Professor Friedman was…
It is with gratitude and a desire to spread financial knowledge, that I appraise and share the following Medium story by Chris Stokel-Walker, published on 13 April 2020, titled:
I consider this to be our Goldsmith Money — ‘Medium Story of the Day!’.
Thank you Chris.
Story Link Here.
Please see our ‘Medium Story of the Day’ YouTube video presentation below.
Whether you are an employee or in business for yourself, diversification through multiple income streams is an important risk management tool.
For his story, Chris gathered together the latest in YouTube financial data, painting a bleak picture on current…
You will find that there is nothing more expensive in this world… than a divorce. So if you can save your relationship — well you have just saved yourself a fortune.
Tonight at Goldsmith Money (YouTube), we examine a Medium article titled ‘Hidden in Plain Sight: What Women Need To Know About What Makes Men Happy’.
The article was first published by Relationship Counsellor Deborah Fox in 2017, republished by The Good Men Project, on 10 April 2020.
The article resonated with me — a husband of nearly 20 years. It touched on what I consider to be some quality…
‘Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one.’
This is the Home Page of my new website — goldsmith.money
I am reproducing it here at medium with the hope to both inform and to gather feedback with the hope to improve it.
DO YOU find that no matter how hard you work, you just never seem to get ahead?
DO YOU ever wonder why your growing wages of salary seems to buy you less…
There are many financial self-help books which claim to hold the secrets to unimaginable wealth and financial success. They promise that you, no matter who you are, you are just 5 steps away from being the world’s next billionaire.
Well dare I say that not everyone is destined to be a billionaire. However, there is a common theme that runs through these books — this theme I call ‘The Golden Rule.’
Not to be confused with the Golden Rule of the Holy Bible — ‘Do unto others as you would have others do unto you’, this Golden Rule guarantees financial…
According to CNBC, video game sales are soaring. They stated:
Sales of the latest video games have smashed records as millions are stuck at home after governments around the world locked down entire cities and pushed for social distancing measures to stop the coronavirus from spreading.
One example cited was Activision Blizzard’s free-to-play, Call of Duty: Warzone, which launched on 10 March. Within just 10 days it had attracted 30 million players.
It certainly makes sense that more and more good global citizens would be entertaining themselves through online gaming, as they abide by their coronavirus lockdown regulations. …
If an investor made a single lump sum investment of $100,000 into the US Stock Market in March 2000 — their portfolio as at 31 March 2020, would be worth approximately $250,000 (1). This result assumes dividends were reinvested and no tax was payable.
Unfortunately for the stock investor, March 2000 was shortly before the Dot-com Crash. This early crash certainly hurt the overall performance of this asset class over a 20 year period, which averaged a mere 4.76% per annum.
A savvy investor might have noted that stock prices were high in 2000 and taken on a more conservative…
Day 1 in Coronavirus Home Isolation, we were thankful that the governments of the world were printing trillions of dollars to keep us fed and paying our bills.
Day 2 we start to wonder… if the governments of the world can simply print money… why have I been paying taxes for all these years?
The taxes we have paid all our working lives pales into insignificance next to the amount of currency printed by governments over the past two months.
If you have been a regular reader of the Goldsmith Money blog you would already understand that there is a…