Some really scary similarities.
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I believe we’re heading for a different economic world, history will repeat there will be a crash and it will recover in this decade but at some point in the middle of the decade your going to see signs of a currency war, between yuan and the dollor, also bitcoin trying to become the world’s reserve currency, fiat will become more volatile and start to unravel, governments will introduce their tokens/coins, bitcoin and crypto will rise and will be some kind of hybrid economy of capitalism and collaborative local economy.
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What’s your thoughts on Fintechs role in this? Helpful or just exacerbate the situation?
I expect nothing special right now.
I think traditional banks are going to struggle especially if they don’t start transitioning to the block chain and get the international money exchange rates down and transact more quickly, they will be out paced by block chain as it becomes more efficient and also competing against the likes of square cash apps.
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I think you’re right long term, but we won’t see that play out this decade in my opinion.
I think the bigger threat to retail banks at the moment is companies like TransferWise/Revolut which offer really cheap transfer fees and a great user experience.
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And the music keeps playing
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The board of Clear Leisure (AIM: CLP) wishes to advise shareholders that the Company intends to issue a notice of general meeting to be held at 22 Great James Street, London WC1N 3ES, at 12:00 p.m. on 6 May 2021, to seek approval for the following:
- Amend the Company’s Investing Policy
- Change the Company’s name to Quantum Blockchain Technologies plc
Not even April 1st 
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Pets.com 2.0?
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I was literally thinking of the same thing
Top is in:
…despite totaling $35,748 in sales in the last two years combined…
…The company also reported a net cash gain of $2.2 million from financing activities, such as selling stock, in 2020.
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I wouldn’t read too much into that. OTC companies have always been subject to pump-and-dumps and other types of securities fraud.
It’s much easier to manipulate the price of these equities not listed on a major exchange like NYSE or NASDAQ because of the low volume + market cap, and wide bid-ask spread.
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Yeah I was partially joking, although I still think it is symptomatic of broader disconnect between asset prices and reality.
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I don’t trust anything with this many adjectives. They’ve got an agenda, either promoting alternative investments or emotional reactions for more page views. 
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the faster it pops the better. i want my discounts, some stocks are crazy overpriced atm.
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It’s called click bait 
like I saw today on the MSM thread US and China about to war but the story clearly said they won’t 
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WAR!!!
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In the event of a market crash and people start selling/buying in droves, how does freetrade handle that? I know they’re free commission so how much capital does freetrade have? Are shares bought with our money immediately or with freetrades money and then settled later
There was a market crash in March 2020 and apart from the odd slow morning on the app, everything went pretty great.
I am guessing the service is even better now.
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