Ted Bauman Points Out the Problem With Bitcoin

Bitcoin was originally designed to serve as a nongovernmental form of money, as an alternative currency to the fiat dollars, yen, pounds and euros issued by the countries of the world. Its creator Satori Nakamoto and its early advocates did not claim it was a new asset class to buy as an investment which would grow to astronomical value. Back in those early days, none of its libertarian friends ever advised people to buy it because one day it would rise to $10,000 per bitcoin, let alone $100,000 or even the $1 million that people are now predicting for it within just a year or two. Read more on crunchbase.com to know more about Ted Bauman.

No, bitcoin was just meant to replace fiat money for every day transactions. As Ted Bauman points out in a recent article, however, the the process of validating bitcoin ownership across a distributed network is not nearly as fast and efficient as one simple electronic query. It takes time, from ten to twenty minutes to conduct the simplest transaction.

This cannot work in practical reality. No customer has the time to wait 20 minutes to pay for the meal at Taco Bell. And busy commercial businesses cannot cope with the angry crowds that would create. The bitcoin network can handle only about 6.5 transactions per second. That’s not a lot when you consider how many people around the world are buying and selling at any given moment. By contrast, Visa handles 1,700 transactions per second. But if bitcoin does not work as a currency, then why should anyone expects its value to continue to going up to the sky? What else is it good for? Visit  talkmarkets.com to know more.

It’s possible to speed it up by reducing the data in each block using a new technology called Segregated Witness or SegWit2X. However, reducing the amount of information available makes each bitcoin transaction secure. It is safe from fraud, theft and duplication only because every transaction is verified and validated by the entire distributed network. Reduce that requirement, and you increase the risk of someone cheating the system. Therefore, Ted Bauman advocates his readers continue to buy and hold gold to secure their portfolios against financial collapse.

Ted Bauman edits the newsletters The Bauman Letter, Alpha Stock Alert and Plan B Club for Banyan Hill Publishing. He specializes in such subjects as privacy and asset protection. He also writes about investment strategies using low risk assets and issues with international migration. He lives in Atlanta, Georgia.

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What Does Investment Expert Igor Cornelsen Think About African Branding?

Should you simply invest in the top corporate blue-chip brands known all around the globe? Some people prefer this investment strategy. If you are a bit more daring, you might learn a little about what investment expert Igor Cornelsen thinks about African branding.

“Africa Needs More Global Brands”

When you consider the list of the most popular brands in the world, it might be full of companies from the United States, Germany, France, Switzerland and Japan. Gradually, some South Korean and Chinese firms are becoming more well-known, but Africa is not really well-represented.

Many African brands are basically offshoots from colonial brands. The Europeans started the firm, but gave it a little more of a local flavor. Investment consultant Igor Cornelsen identified this key African problem: “Lack of well-known global brands.” Some of the reasons for this are quite basic – while the British had a global empire, no African nation did. Thus, the African brands were not spread around the world.

Mr. Igor Cornelsen also blames the high interest rates charged in Africa. Because of the high risks involved, there are few startups on the continent. This needs to change, if Africa wants to compete with the other continents for venture capital and asset investment capital. It is kind of a “vicious cycle.”


“Most Admired African Brands”

Nevertheless, there is an emerging movement to promote “Made In Africa.” Ventures Africa listed the following as the “Top 10 Most Admired Brands” on the continent:

  • MTN in South Africa
  • GLO in Nigeria
  • Dangote in Nigeria
  • Tusker in Kenya
  • Mukwando in Uganda
  • Simu TV in Tanzania
  • Zenith Bank in Nigeria
  • Peak Milk
  • Sasko in South Africa
  • Star Beer in Nigeria

As wealth management professional Igor Cornelsen pointed out, most are “local” and don’t really have an international appeal. Will that change? The top African entrepreneurs need to find affordable funding. Then, who knows what could happen?

Read more: Igor Cornelsen Is Giving Three Valuable Tips to Invest in a Growing Foreign Market


US Money Reserve Helps The Victims Of Hurricane Harvey In Texas

US Money Reserve has teamed up with the Austin Disaster Relief Network to provide aid to the people impacted by the devastating flooding from Hurricane Harvey.

The Austin Disaster Relief Network is a not for profit organization that provides emergency services such as housing, financial assistance, counseling and transportation to the victims of natural disasters.

US Money Reserve has set up a special fund that will be used to support the efforts of the Austin Disaster Relief Network. All of money in this fund will go directly to help alleviate the suffering of the people impacted by Hurricane Harvey.

Up to $100,000 will be matched by US Money Reserve according to a company spokesperson.

This is a way that US Money Reserve is encouraging other people to chip in to help their fellow Texans rebuild after one of the worse hurricanes in Texas history.

As a company based in Texas that was located in Houston, US Money Reserve is doing its part to provide assistance to Texans impacted by flooding and powerful winds that swept throughout southeastern Texas. It will continue to match donations up to $100,000 throughout September.

US Money Reserve is a precious metals distribution company that has its headquarters in Austin, Texas. The firm was created in 2001 and has additional offices in the towns of Beaumont and Lumberton within the state of Texas. US Money Reserve has been selling precious metals such as platinum, gold, silver and legal tender for over a decade.

Over the course of its existence, US Money Reserve has serviced more than 400,000 clients across the globe with government issued and graded gold and silver coins and precious metal bullion.

The firm also sells collectible and limited edition coins such as the Brexit gold and silver coins issued by the Cook Islands. These limited edition coins are just one example of the rare commemorative coins the customers of US Money Reserve can purchase.

US Reserve is a company that focuses on customer service. It has consistently been awarded a rating of Triple A from the non-profit Business Consumer Alliance group for its high quality of service and integrity.

The leadership of US Reserve includes a former United States Mint Director, Philip N. Diehl, who now serves as the president of the company. He is considered to be an expert in precious metals and has been featured in financial media outlets such as CNBC’s Squawk Box where he discussed the economy and gold investments

Academy of Art University Makes Headlines During Fashion Week

Anyone who knows anything about fashion knows that fashion week is a big thing. When fashion week comes around, anyone who wants to make themselves known, they strive to make it onto the runway. The problem however is that most people who want into this business are not as talented as they hope to be. It is very rare to actually find someone who has the talent to actually make themselves known.


On September 9th, 2017, the Academy of Art University put on the 21st runway showcase at the Skylight Clarkson Square. This is the actual residence for anything related to style during this week. When the runway showcase was over, ten people who were recent graduates of the university were debuted. There was 5 womenswear collections along with 2 menswear and 2 collections that were collaborated together.


The designers who were featured come from all backgrounds. They came from China, Maine and many places in between. Each of them held their own idea and showcased each of their own techniques. When it comes to impressing someone, the one person that is hardest to impress is Ms. J Alexander. You might know the name from America’s Next Top Model.


Many talented designers have emerged from the art school since its opening in 1929. What was once founded by Richard S. Stephens has grown into a massive school with over 280 full time teachers and a large number of part-time staff. Currently they offer classes to over 12,000 students each year.


The privately held school is one of the biggest properties owned in San Francisco. The main portion of the campus is situated on New Montgomery Street which is located in the South Market district. The school also owns and maintains the Academy of Art University Automobile Museum. Inside of the museum there are 200 vintage cars that have been labeled as the rarest cars on the market as well as the most valuable of all cars. The collection has been featured by Forbes with a value of over 70 million dollars. The school is much more than just an art school. It also houses a sports team which has won awards at the Pacific West Conference Championships.


How Louis Chenevert’s Principles brought Success to UTC

Louis Chenevert is without doubt among the top league of influential businessmen and entrepreneurs in the world. The French-Canadian entrepreneur obtained a Production Management degree from HEC Montreal. He is recognized worldwide because of his brilliant principles combined with his deep love for technology. Today, many corporations and leaders across the globe embrace Chenevert’s principles and implement his ideas in their businesses to maximize production and influence growth. Chenevert launched his career with General Motors, where he worked for 14 years eventually landing the role of General Manager, Production. From there he worked with UTC’s subsidiary company, Pratt & Whitney, where his excellent performance swayed his appointment as president of the company. Later he got elected CEO and President of UTC.

During his reign at UTC, the company made considerable strides to reach great success. UTC made good innovations, which combined with advanced technology, propelled the company to the very top of the industry. Though Chenevert took the role of CEO during the great recession, he managed to steer UTC out of the storm. Several gig companies failed to recover. One of his most significant achievements at UTC was the $18.4 billion acquisition of Goodrich. When the US Air Force needed an alternate engine, Chenevert delivered through UTC’s Pratt & Whitney. UTC’S share prices rose by 200% when Chenevert was at the helm. He believed the firm’s foundation was its employees and thus, took great care of them. He stationed employees where their skills were applicable. He also started a sponsorship program for all employees undertaking further studies. All sectors of UTC showed outstanding performance during Chenevert’s time at the firm. Employees largely embraced his vision to spend more on modern technology. He believed that with the right technology and dedicated workers, success was in the offing for the company. UTC grew stable and realized unmatched success.

Chenevert stepped down from his leadership role at UTC on the 8th of December 2014. A director at the company has since taken charge. The high standards Louis Chenevert set at UTC still guide operations at the firm. After leaving UTC, Chenevert took a job as Exclusive Advisor to Goldman Sachs’ Merchant Banking Division.https://www.bloomberg.com/news/articles/2015-09-08/goldman-sachs-hires-former-united-technologies-ceo-chenevert

Larkin and Lacey Opened to Way for Human Rights

It has been said that “Evil can only prevail if good men step aside and allow it to happen.” That has occurred far more in this country than I’d like to admit, especially in the realm of immigration. We seem to have forgotten that this is the land of opportunity. Thank the universe that Michael Lacey and Jim Larkin have not.

Michael Lacey and Jim Larkin are two good men that stood against what they knew to be injustice. When they did so, the man behind this injustice thought he could silence them. However, goodness has a sense of humor, and through that attempt to silence these good men, they received the money needed to start the Lacey and Larkin Frontera Fund. This is their story.

Michael Lacey and Jim Larkin began publishing articles and podcasts through their private media outlet known as both Phoenix New Times and also Village Voice Media. The reported how Sheriff Joe Arpaio had illegally profiled people according to their race.

In Arizona, if you were a Latino, Arpaio’s men would have you pulled over and detained if they could. Michael Lacey and Jim Larkin would show that Sheriff Arpaio would always put the Latino’s in the mst unsanitary jails and cells. Read more: Michael Lacey | LinkedIn

Several Latinos became so sick that they died because they had gone to the jails of Arpaio. In addition to this, it was discovered that Sheriff Arpaio was illegally using the funds given to his department to further his own personal agenda and was not using the money to help the force.

Sheriff Arpaio decided he needed to silence his critics. After paying off his friends in high places, Arpaio would cruise toward the homes of Michael Lacey and Jim Larkin. Upon arriving, he would barrel through their doors in the middle of the night and illegally detain them.

A national outcry roared throughout the country. The American people would not stand for this evil. Sheriff Arpaio caved to this pressure and Michael Lacey and Jim Larkin were soon let free.

Michael Lacey and Jim Larkin would eventually win a lawsuit against the Maricopa County for a total of $3.75 million, which they would give to what would later be known as the Lacey and Larkin Frontera Fund.

This fund, would be used to grant other non-profits the financials they would need to stand up for civil and human rights.

Scott Rocklage

Personal development is a growing field. Many people want to work with on expert on how they can get their life organized and become more effective. Scott Rocklage is the founder and CEO of 5AM Ventures. This is a company that works with clients on how to become more effective in their daily lives.

One of the best ways to accomplish more in your life is to wake up early. Few people do this, and they save their personal development time for after work. The problem is that many people are exhausted after a long day of work. Scott Rocklage strongly believes in people waking up early to work on their dreams. Read more: Scott Racklage | Bloomberg

Early Career

Scott Rocklage did not always own a business. He started off working for a major company after he graduated from college. Although he moved up quickly at the company, he found that he was not fulfilled in his work.

Scott Rocklage decided to start 5AM Ventures as a side project. Over the years, it would eventually grow to where it is today. He left his day job to fully focus on the company several years ago. This is a path that many people have followed.

Starting a business is hard work. However, with all of the technology that is available, anyone can start a company with little financial investment.

Scott Rocklage wants to help anyone who is ready to take their life to a new level. There are hundreds of clients who have left great reviews for Scott Rocklage and his business online.

Support by Lacey & Larkin Frontera to Human Rights Agencies

Michael Lacey and Jim Larkin have played a substantial role in the fight for the human, civil and migrants’ right in the city of Arizona. The two are the principal founder of the Lacey & Larkin Frontera Fund which occupies the front line in addressing the challenges that are faced by migrants through the organization.

They are the known famous journalists who are the groups which are advocating for the human rights in the society. The call for the fight of the violation of the human rights in the city of Arizona was pushed by the two after winning the case against Sherriff Joe. Read more: Jim Larkin |LinkedIn and Phoenix New Time

Lacey and Larkin Frontera Fund is a group that supports the efforts of the agencies which are fighting for the human rights. The team is based in Arizona, and it has stretched its wings by coming up with several branches across the United States and other parts of the world.

The call for the setup of the organization was due to the border killings of many migrants in the United States- Mexico border. Lacey and Larkin utilized the money which they were compensated after winning the case in supporting the equality in the society through the various movement and organizations.

They set aside $3.75 million to help another team with the same agenda as theirs. Furthermore, the group also addresses the matters of the migrants’ workforce in the city of Arizona via the movements. This has enabled the workers to speak with one voice in demanding their requirement at the workplaces.

NNIRR organization is a non-profit organization that fights for the rights and the justice of the immigrants. The group works in close collaboration with other human rights organization to create the sanity in the society that is marred by discrimination.

NNIRR is involved in the championing of the improved cost labor in the city of Arizona. Several policies have been put in place by the group to propel for the improved cost labor of the immigrants.

The team gained much support through the funds by the Lacey and Larkin in delivering their agendas. The finances have also been factored in the erection of the various networks that ensure the migrants are given justice like other citizens of the Arizona.

ACLU Immigrants’ Rights Project is another human rights organization that benefited from the Lacey and Larkin funds. The founders of the group are Mike and Jim.

The primary push for the team is to drive for the equal treatment of all citizens in the court of law. There are various techniques which have been employed by the organization to make their matters flow along the line of expectation.

These include the outreach programs and advocacy. Many implementations have been achieved via the programs with the assist of the Supreme and district courts. The organization has also raised the voice on some of the legislation that is considered to be unfair to the migrants.

The financial assistance by Larkin and Lacey placed the objective of the organization at the required niche.


Securus Technologies Useful in Catching Wanted Fugitives

When my team of fugitive hunters got the call of a violent gang member who was robbing cab drivers at gun point, we took action that day. It was getting to the point that the cab drivers were afraid to travel in one area of our city, hurting their business and the ability of residents to be able to travel freely to different parts of the city. The reason we got the call was because the last drive was shot and injured, and our superiors wanted it stopped immediately.


We had a description on the suspect, and we knew he was affiliated with a local gang based on his tattoos. The trouble we have in these cases involving gang members is that they will protect their own, and the residents of the community will not talk for fear of retribution from the gangs. This means that we have to take action and figure out how to close in on the suspect quickly before he has the chance to hurt someone.


We know there is a huge population of gang members in our local prison, and we know the officers in that jail utilize Securus Technologies to monitor all calls inside made by inmates. The company has 2,600 of those call monitoring systems in jails around the country, allowing officers to tighten security and help prevent crimes too. We first let the inmates know who we needed information on, then we waited as the LBS software scanned the calls.


I knew the gang members in jail would be running to the phones to warn their brother, and it was one new gang member who said more than he should have over the phone. By calling his sister to warn her boyfriend, we now had a location and suspect to stake out. We had the fugitive in custody, thanks to Securus Technologies, the following day.


U.S. Money Reserve boss convenes emergency meeting in Austin, Texas

U.S. Money Reserve head Phillip K. Diehl recently convened an emergency meeting at an undisclosed location, somewhere in Austin, Texas. The meeting revolved around the future of the U.S. economy and what role gold and silver coins can play in providing the average American with a robust hedge against the perils of economic volatility.

Demography is destiny

Leading the conference off, Diehl made a presentation detailing the many current threats that the U.S. economy faces to its continued viability. Among these is the rapidly aging Baby Boomer generation, who has largely failed to save sufficient money for their retirement.

While this is not entirely their fault – the elimination of traditional defined contribution pension plans has proven a major detriment to the average worker – their lack of adequate savings is forcing them to stay in the labor market longer, even as they draw immense benefits from the country’s social welfare systems. Read more: U.S Money Reserve – Built in Austin

Diehl also remarked that their is every reason to believe that the Boomer generation will live well into its 80s, on average. Combined with its members’ unwillingness to exit the labor force, this will create a number of easily identified stresses on the U.S. economy, things that have never before been seen on such a large scale.

The first issue is that the Boomers’ refusal to retire is going to continue displacing younger generations from the workforce for the next 20 years. Because younger people tend to consume vastly more than the cohort aged 70-plus, this is slated to dramatically reduce total per-capita consumption among the U.S. workforce. Learn more about U.S. Money Reserve: http://finance.yahoo.com/news/u-money-president-philip-diehl-130000375.html and https://www.thestreet.com/story/13961089/1/gold-stays-in-play-as-economic-and-political-uncertainty-persist.html

But this will also take place in the context of the largest population boom in those eligible for Social Security and those using Medicare in the history of those two programs. In short, the Boomers are poised to dramatically reduce total demand, and, therefore, taxable income and transactions, all while simultaneously increasing to unprecedented levels the liabilities of social welfare entitlements.

Diehl says that without a radical and immediate shift in policy, these forces will force the government to sharply increase the money supply, leading to possible hyperinflation in the next decade.

About U.S. Money Reserve

U.S. Money Reserve is the leading supplier of gold and silver coins issued by the U.S. Mint. Since 2008, it has been the go-to source for Americans looking to purchase gold as a part of their overall diversification strategy.