NFTs may be the future of digital assets and goods, but what will happen in China? Getty Images The Chinese government views cryptocurrency as a serious systemic financial risk and has taken strong measures to minimize its usage in the world’s second largest economy. Though China retains a thriving underground crypto ecosystem, Beijing’s different bans […]
I read a whole bunch of stories about a Chinese quantum computer that can crack all of the internet’s security codes in seconds, or something like. I was sceptical, as Arthur Herman wrote here in Forbes, but not because I actually read the research or know anything about how quantum computers work. I was sceptical […]
getty A classic mistake made when considering annuities is to focus too much on current interest rates and the direction they seem likely to move. Annuities are income vehicles, so it’s natural to consider interest rates and the outlook for future rates. But too often the relationship between some annuities and interest rates is misunderstood, […]
NEW YORK, NY – SEPTEMBER 12: Logos for Chinese electric car company NIO are displayed at a trading … [+] post on the floor of the opening bell at the New York Stock Exchange (NYSE), September 12, 2018 in New York City. The Shanghai-based electric car company opened for trading at $6 per share. (Photo […]