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Showing posts from February 15, 2015

Star Silicon Valley entrepreneur: Here's why bitcoin will be bigger than the internet


FEB. 11, 2015, 1:16 PM

"In Spanish, we have a saying that when a genius points at the moon, a fool looks at the finger. I find that happens a lot with bitcoin." —Wences Casares

Wences Casares.

Serial entrepreneur Wences Casares created Argentina's first internet provider and later sold his online brokerage firm to Banco Santander for $750 million in 2000. He was 25 years old.

Now 40, Casares is a star of the Silicon Valley bitcoin scene, but his Argentinian roots inform much about him. The son of a cattle rancher, he sees the world in literary and philosophical terms, speaking of the arc of human existence over thousands of years.

Bitcoin has had a rough time lately, with its slumping value and high-profile flameouts, but Casares has no doubt that the digital currency will prevail. First, it promises efficiency and equality of access unlike anything the world has known. Also, he argues, technology has already created a leapfrog effect in the devel…

Nuevas tecnologías para producir energía que sorprenden

Posted: 14 Feb 2015 08:20 AM PST

Por Carlos Vilchez Navamuel

Hace un año aproximadamente escribimos un comentario titulado “Las nuevas tecnologías para producir energía que cambiarían al mundo” allí comentamos sobre las autopistas cubiertas de paneles solares, la fusión nuclear o la energía de las estrellas, la energía del punto cero o energía libre, combustibles con agua de mar, energía eléctrica inalámbrica, todas actualmente en desarrollo y en prueba.

Este año en solo una semana hemos recibido dos noticias de nuevas tecnologías que nos han dejado verdaderamente sorprendidos y que debemos de agregar a la lista anterior.

La primera de ellas nos la dio el periódico El País de España, la nota periodística la tituló“Una bacteria modificada convierte la energía del Sol en combustible líquido”agregan abajo“Científicos de EE UU logran almacenar el inagotable poder energético solar en un al…

Here's what the $294 trillion market of global financial assets looks like


FEB. 11, 2015, 9:25 PM

So, how big is the global market for financial assets? We're talking about stocks, bonds, and all of the various securities in between you can invest in.

Deutsche Bank's Sanjeev Sanyal estimates the value of the whole market to be about $294 trillion.

It includes a $69 trillion stock market. The rest includes bonds and other sorts of fixed-income-type securities. The $58 billion public debt securities market includes government bonds.

"We found that the stock of world's financial assets continued to grow in 2014 but fell slightly as a percentage of global GDP," Sanyal wrote in a massive note called "Mapping the World's Financial Markets."

"Investors will not be surprised to hear that fund flows to developed country equity and bond funds did much better than those to emerging markets in 2014; the trend seems to have extended into 2015,"he said. 

"Importantly, the increase in the stock of global financial assets …