07/26/2021: Weekly Newsletter
Lots of people always ask me “Why is digital money interesting?” and “How is it valuable?” This is one of the reasons! China’s development of the digital yuan over the past couple of years has been really fascinating to watch. It shows the use case of how a Central Bank can use digital currency to control and manage currency flows. My guess is it will continue to evolve dramatically over the next couple of years.
Money & Crypto
How China’s development of digital yuan affects Tencent and Ant Financial
Does FICO still have a stronghold on the credit market?
What happens when a SPAC fails to disclose material information to investors?
IPO: Kakao Bank to raise $2.2B, Robinhood going IPO and opening it up to retail investors, Circle to IPO w/ SPAC, Binance US looking to IPO
Fundraise: FTX $900M
Tech & Science
Battle for cloud expands beyond just Amazon and Microsoft
Race to develop COVID-19 pill
Making floating wind turbines
Mapping the human genome has completed
Trucks becoming autonomous vehicles
Etc.
13yr old (!!!) Momiji Nishiya wins womens skateboarding gold medal
🎧 C.C. Sabathia, former Yankees pitcher, talks about his baseball career and his new book Till the end
🎧Questlove talks about his new documentary Summer of Soul and talks about his morning routine
A teenager plays the trombone to soundtrack his mom’s life
Where to watch the Olympics
Disclaimer: All opinions are my own. The content on this site and on the podcast does not constitute financial, legal, accounting, tax, or investment advice.