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Investor/Editor

Ted Bauman Warns Of Transaction Problems With Bitcoin

Posted by eastcoop on

There has been a lot of talk in the news recently about Bitcoin. Many people have invested money into it, thinking that the prices will go up. There are many advantages of using Bitcoin, ranging from security and privacy to the absence of any regulations by governments, for the most part. However, financial expert Ted Bauman says that there is a major problem with Bitcoin. If Bitcoin is to be scaled and become a global currency that is actually used by people all around the world, then this problem has to be fixed. The problem is that the networks that control Bitcoin transactions can complete only a limited number of transactions at a time. Learn more on Seeking Alpha about Ted Bauman

Ted Bauman writes about this in his highly sought after publication, The Bauman Letter. In an issue of the newsletter, he asks his readers to envision what life would be like sometime in the future when everyone is using Bitcoin to conduct their daily transactions, as Bitcoin enthusiasts predict.

Let us say that you have parked in a garage and you need to pay a fee in order to get out. Let us also say that you do not have any cash or credit cards on you, and you need to pay in Bitcoin. What if the Bitcoin transaction takes half an hour in order to go through? What if it takes an hour to go through? You may be stuck in the garage, unable to get out.

Bitcoin is not the same as credit cards. Credit card networks can conduct thousands of transactions each second. Visa can actually process up to twenty thousand transactions each second. Bitcoin, on the other hand, can only process up to seven transactions per second. This means that during busy times, you can end up waiting a long time for your transaction to be processed. It is not uncommon for a transaction to take forty minutes to be processed. If everyone will start using Bitcoin, it is very likely that it will start taking much longer than that. People will not want that, so Bitcoin does not yet have the capability to become a global currency that is used by everyone.

Ted Bauman is the editor of The Bauman Letter. He writes and edits for Banyan Hill Publishing. He has years of experience with investing.

Learn more:http://thesovereigninvestor.com/precisionprofits/ted-bauman/

 

Investment Guru/FInancial Experts/Businessman/Investor

Matt Badiali Finds Winning Investments With “Boots On The Ground” Approach

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On Wall Street, many investment analysts make their picks from behind their desks and in front of their computer terminals. For energy expert analysist Matt Badiali, finding the right opportunities means leaving the office and taking a “boots on the ground” approach.”

Mr. Badali specializes in energy, metals as well as natural resources. Because many of these subjects involve the first-hand approach, Mr. Badali spends most of his time outside of the office. That means he could investigating an oil field in Texas one day and inspecting a silver mine in Nevada a week later.

The result is that Mr. Badali has been able to offer his clients marketing beating advice. In his newsletters, Mr. Badali has given out picks that have resulted in double-digit as well as triple-digit gains. This performance record has given the energy analyst a loyal following in the investment community.

In a recent interview, Mr. Badali offered some insights into his uniquely detailed approach to investment research. When asked what trends he saw on the horizon, Mr. Badali mentioned the global shift to mass electric-energy consumption. Also in the interview, Matt Badali predicts that batteries will be scaled large enough to power an entire city.

One of Mr. Badali’s secret weapons is his ability to overdeliver for his clients. A case in point is his free newsletter. Mr. Badali likes to give readers of his free newsletter one piece of actionable advice in each issue. This type of valuable free insight allows Mr. Badali to build a trust with his readers and develop them into paid clients. More info about Matt Badiali at tumblr.com

Finally, Mr. Badali offered one book that has benefited him greatly. The book, “The Disappearing Spoon” by Sam Kean details the creation of the periodic table. As an energy expert and enthusiast, Mr. Badali found the story to be an invaluable addition to his vast library.

Matt Badali is a trained geologist with a Bachelor of Science in Earth Sciences from Penn State University as well as a Masters Degree in Geology from Florida Atlantic University. Early in his career, Mr. Badali was worked for a drilling company as well as a consultant to an environmental firm.

Today, Mr. Badali is a Senior Editor for Banyan Hill Publishing. His work is read by many people looking for insights on energy, metals and natural resources. With decades of experience, Mr. Badali works tirelessly to find hidden investment opportunities for his readers.

Read:http://retirementmillionairedaily.com/the-third-most-important-base-metal-is-about-to-rally/

 

FInancial Experts/Investor/Editor

Ted Bauman’s Take on Bitcoin Transaction Process

Posted by eastcoop on

You have just come from a long flight and you are headed to the airport’s parking garage for your car. It’slate and cold, and you need nothing short of a good rest. You want to get home with nothing else on your mind apart from refreshing. The year is 2020 and bitcoin craze has reached fever pitch. Everything is paid for through bitcoin. However, you misplace your wallet and credit cards,so you are unable to pay for your parking ticket in cash. You decide to pay with bitcoin since the machine takes cyber currency, thinking the process will only take few seconds. Your ticketpop out twenty minutes later.

The above scenarios of delay may rise if the bitcoin’s fundamental technology is not improved. However, you can solve this problem if you play your cards right. Bitcoin relies on a decentralized system of computers, which enables it to bypass any form of government manipulation. The creation of bitcoin follows a process known as mining. When mining is underway, bitcoins transactions is also happening. This implies that you have to wait for the mining process to complete before the transactioncan be finalized.

Comparatively, this is a slower process than a credit card transaction. Visa Cards take more than 150 million transactions in a day. A breakdown of this sees 1700 transactions per second with a possibility of taking up to 24000 transactions per second. This spells doom for bitcoin, which takes 6.5 transactions per second. These transactions take between 10 to 42 minutes for processes to be finalized.

However, bitcoin is becoming more popular and waiting time is gradually increasing. Bitcoin currency may be lost if people are unable to transact when they are using it. For bitcoin to become entirely successful, technological changes must be utilized to ease the transaction process. Check this article at Bloomberg.com to know more about Ted Bauman

 

About Ted Bauman

Ted Bauman is the Editor of Alpha Stock Alert, Plan B Club, and The Bauman Letter. Through his articles,Ted Bauman communicates about privacy, asset protection, international migration and other important matters.

Born in Washington DC, Ted moved to South Africa, attended the University of Cape Town forhis Postgraduate degrees in Economics and History. For 25 years,Bauman has served in different executive roles. Bauman has also co-authored a book titledWhere to Stash Your Cash (Legally) with his father, Robert Bauman. He is currently based in Atlanta.

Learn more:http://sovereignsociety.com/meet-the-experts/ted-bauman/

 

Business Leaders/Businessman/Investor/CEO/Canada

Louis Chenevert Dominated in Tough Times

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Canadian-born businessman, Louis Chenevert, has held several high-ranking positions in some of the world’s most powerful corporations throughout the world. One of the most prominent roles that Mr. Chenevert played throughout his career, was as the Chairman and Chief Executive Officer of United Technologies Corporation, which he ascended to in March of 2006. He is also well known for his work as the President of Pratt & Whitney Canada, for which he worked for six years prior, as well as an additional seven years as one of its most powerful executives. Before Mr. Chenevert began his amazing career in the world of business, he attended HEC Montreal, which is a subsidiary of the Business School of Montreal, where he majored in production management.

Louis Chenevert’s time with United Technologies Corporation can be remembered as one that would take an already-thriving company to heights few believed could be achieved, at a very dark financial period in America. In modern United States history, times of war have represented a decline for many companies that specialize in the manufacturing of goods or products. Under the leadership of Louis Chenevert, United Technologies Corporation was able to thrive considerably despite the economic environment, bringing in as much as two times the returns that the average company featured on the S&P 500. At the beginning of Mr. Chenevert’s time with United Technologies Corporation, the stock price was a terrible $37, but by the end of his term with the company, the stock price had risen to $117. Due to the savvy maneuvering of Mr. Chenevert, the company also failed to see the losses among employees during the recession, and in fact, helped to boost morale considerably by choosing to relocate a number of engineers from the aerospace sector, placing them in a community that featured upgraded living conditions that would allow them to perform on the job more efficiently. The two sectors affected most greatly during Louis Chenevert’s time at United Technologies Corporation were building and aerospace, which helped to keep the company on the cutting-edge, as well as allowing for a positive influx of finances.

Investor/Investment Strategist/Investment Expert/Energy Industry

How Matt Badiali Uses His Position to Help Others

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Matt Badiali knows a lot about mining and has spent a lot of time working on energy-related things. He has always tried to make sure he is helping people and giving them the same opportunities he had and that’s what gave him the ability to give the community what they need. He knows there are different things he can do to try and help people and that’s what has given him the option to continue helping. For Matt Badiali, this means he needs to make sure he is giving people what they want and the options they are looking for in every way possible.

While Matt Badiali is doing things the right way, he knows there are some things that can change based on the issues he has dealt with. Matt Badiali gives attention to people who are in different areas and that’s what has helped him make the best choices possible. Matt Badiali knows there will be new ways for himself to try and give back to the community and for the people who he works with to get more out of the opportunities they have. Matt Badiali likes to give attention to the areas where business is easy and where investments make the most amount of sense. Follow Matt Badiali on Twitter.

As long as Matt Badiali is helping people with things like investing, he feels confident he will be making a difference for them. He has always wanted to provide new investment strategies and that has helped him give the community what they are looking for. Now, he is giving them the option of investing in platinum. He sees a lot of value in platinum and that has helped him make all the best choices. For Matt Badiali, this means he needs to try and show people what they are doing and how they can actually start to make money. Visit Matt Badiali at medium.com to know more.

Platinum has continued to go up in value in the past few years. There are different things people can do when they are looking at platinum and when they are experiencing all the best opportunities they have for investing. Matt Badiali knows just what he needs to do to give investors a try and that has helped him make sure he is doing his best. He sees a lot of value in metal and knows there is always a great chance it will continue to go up with the changes in the economy.

Learn more:https://www.stockgumshoe.com/reviews/real-wealth-strategist/whats-matt-badialis-magic-metal-pitch-about/

 

Investor

Chris Burch: How Fashion Industry has transformed after Merging with Technology

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In the 70s, the boom box gave excitement to users as it provided convenience in carrying favorite stations and tunes around. In the 80s, the two cassette decks began gaining the attention, and its popularity grew massively owing to it being featured in films. By the 90s, the invention of a Walkman brought a more personal music experience to music lovers. After another decade, the personal experience created by the Walkman became smaller with the invention of the iPod. From the above, technology thrives with the popularity of what the society deems fashionable.

 

Currently, fashion and technology are combining. Fashion designers are finding pride in creating what is capable of delivering, and this possibility is seen using technology. The use of technology brings high standards in functionality and innovation. Anouk Wipprecht, a designer who has merged technology with fashion, considers technology as a playground in which you experiment, and by diving deeper into it, it compensates you with infinite possibilities.

 

Emerging trends

 

Some technological advancements in fashion arise as safety measures. While wearing a bike protection may not be fashionable, Terese Alstin and Anna Haupt came up with Airbag for Cyclists that users would wear around their necks. The airbag pops out upon impact, and when not opened, the cyclist has better visibility compared to one wearing a helmet. Interestingly, designers are using recycled materials to design fabulous fashions. For example, jackets and t-shirts are being created using inner tubes of bicycles, while radiator copper has been used to build a large gown.

 

Fashion and technology may be combined to create energy. Given that movement can be converted into electrical energy, modern attires that are being created can capture the kinetic energy and use it to power an mp3, a watch, among others. Soledad Martin’s prototype for shoes capable of charging a cellphone while running or walking is an example of such emerging trends.

 

About Chris Burch

 

Chris Burch is the founder of the Burch Creative Capital and its executive director. His entrepreneurial values and vision for emerging opportunities are creativity, incubation, applying imagination, and support and scale. These values are capable of leading to disruptive businesses and brands that will have a lasting, positive and direct impact on the lives of consumers. These values and visions are expressed in his company’s investment philosophy.

 

For almost 40 years as an entrepreneur and investor, Burch has been involved in the rise of over 50 firms. Through combining an innate understanding of the behavior of consumers with that of direct and global sourcing skills, he has built a reputation of linking innovation to impact.