nfc

How to Take the First Step Into FinTech

Last week I was eating lunch at Noodles when I went to pay using my phone. As I tapped the retail payment terminal lightly with my Samsung Note 5, the guy behind the register grinned. “You seem like a tech savvy guy. Do you want to join our rewards program?” He proceeded to hand me a cardboard card with instructions on how to download their app, which of course would reward me for buying their …

Bridge of Trust

Cryptos Are Reaching a Crisis of Confidence

The crypto ICO craze is on. While I applaud the exciting innovation that is occurring in financial technology, bad actors are moving into the space and their action have the potential to set back the FinTech movement in dramatic fashion. The application of this technology is supposed to build confidence. Ethical practices are at the heart of establishing a “bridge of trust” strong enough to bear the load of a global financial monetary eco system. …

What is an ICO and Why It Matters To You

There is a sea change occurring in how the world invests, and it surrounds the world of crypto currencies. If you aren’t familiar with “initial coin offerings” or ICOs, then here is a basic definition. An ICO is a form of capital raise based on creation of coins or “tokens” that are a cryto currency tied to the activity of a business. This funding mechanism allows businesses to bypass the existing structure of raising money …

Caution is the Word on Cryptos

My post this week is later than I anticipated. Thursday through Sunday of last week I was at the Statesmen Project in Dallas where I had the opportunity to talk to a group of church and business leaders about the positive impact local currencies can have on communities and the world. To say that it was well received would be an understatement. People intuitively know we are moving through a time of profound change, where …

As We Move Toward A New Monetary System

This week I sent out a survey on the topic of Financial Technology. I wanted to get a feel for what people know about cryptocurrencies, micro-lending, new payment systems, etc. The response thus far has been interesting. In general, people sense that there are major changes afoot. However, the world of cyrptocurrencies is gaining so much press in the mainstream that it is crowding out interest in most other topics surrounding financial technology. While understanding …

It’s Time to Build Intentionally

It’s become clear that when it comes to the subject of money, for several years I’ve been living in an echo chamber. The people I spend the most time with live in the world of money and investing. They are concerned with the trajectory of global debt. They understand the role of precious metals in the world. They have a sharp eye on developments in crypto currencies. Looking at what is going on in our …

Is “Free Money” Coming Your Way?

Who couldn’t use a little extra money? (well, cough, cough – maybe some of those billionaires in Silicon Valley) That aside, you need to know that the idea of giving out free money is gaining in popularity. In fact, it is a subject we are going to have to seriously wrestle with in the years to come. Why? Technology and the “Robolution” There is a real and growing concern that technology is going to automate …

Money is Not What You Think It Is

A financial revolution is underway. It is going to change your life. Understand it. Embrace it. Change the world. That is the theme of my work here. At the core of the financial revolution is the reality that the very nature of money itself is changing, mainly due to advances in technology. The very nature of money is changing. What does that mean? Well, first of all we had better be clear on what money …

Exciting Developments Amidst the Struggle

This is going to be a “get real” post just to keep everyone updated. Since I decided to return to my roots and focus on the subject of money and the changes that are coming, life has been interesting to say the least. We all have busy lives. Too busy for most of us, but that’s a subject of another post. When you leave little margin, or what some people call “white space” in your …

It’s obvious to everyone by now. The Great American Reset is underway in all of its glory. I’ve taken a step back and looked at what is going on in the world and our nation, and have come to a conclusion. The best way for me to serve you is to focus on a critical aspect of the coming Reset. That is, the massive changes coming to our monetary and financial systems. For fifteen years …