Exchange Invest Weekend Edition 2647: Nuclear Nightmare DE
Why Homework? Where Africa left legacy DNA. When a state fails. Diversity in the cloud, Monaco’s MI5, Time to Make Tech Great Again?
Exchange Invest is a unique information resource combining the day’s stories in a newsletter for investors in exchanges/financial markets infrastructure.
Exchange Invest was founded by former exchange CEO and author of the first bestselling book of fintech (“Capital Market Revolution!” FT 1999) Patrick L Young. Monday through Friday our daily paid subscriber email discusses the business of bourses of all kinds across the world.
This weekly edition is a magazine of broader macro topics as well as including our free weekly podcast which reviews the highlights of the week in the world’s market structure.
On this day in 2016, Bucharest Stock Exchange launched a process that may ultimately lead to the enhancement of the capital market architecture …In essence, SIBEX, riven by internal & shareholder politics had been left in a mess and was hoovered up by BvB with absolutely zero perceptible benefits to the Romanian economy from the monopoly thus created.
IN BIGWORLD
From Exchange Invest 2644: April 26th, Wednesday
It’s a case of virtual paradise postponed in the metaverse for now. Microsoft, has disbanded its Industrial Metaverse unit, which was tasked with making software for purely virtual manufacturing operations. In essence Microsoft wants others to develop the tech and then will buy it or encourage it to use MS OS. Apple appears to be abandoning actively promoting its VR headset too while over at Meta, it’s a bit of a bloodbath having lost $13.7 billion 2022 as a result of heavy Metaverse investment. Disney likewise is pulling out.
Exchange Invest Daily will return Tuesday, the weekend edition will be out tomorrow as usual.
IPO-VID LIVESTREAM
NEXT WEEK TUESDAY
Season 18: Episode 02: IPO-VID Livestream 104
Guest: Rainer Zitelmann
May 2nd: 1800 UK, 1900 CET, 1400 EST
“In Defence of Capitalism”
The head of Americas for Scila AB, Alexander Lamb is a veteran futures industry technology executive with a long pedigree including senior roles at TT and RTS Realtime Systems Group, where he sat on the Executive Board.
Watch the stream on:
Facebook
LinkedIn
YouTube
NOW ONLINE!
Season 18: Episode 01: IPO-VID Livestream 103
Guest: Alex Lamb
April 25th: 1800 UK, 1900 CET, 1400 EST
“Real Time Risks”
The head of Americas for Scila AB, Alexander Lamb is a veteran futures industry technology executive with a long pedigree including senior roles at TT and RTS Realtime Systems Group, where he sat on the Executive Board.
Watch the stream on:
Facebook
LinkedIn
YouTube
IPO-VID LIVESTREAM PODCAST
In IPO-VID Episode 095: Patrick Young was joined by rare earth expert, Tim Worstall.
In this must listen episode, Tim answers our questions about rare earths and our curiousness about “What Have We Got In Reserve?”
Spolier Alert! The answer will likely surprise you…
Now available from multiple different podcast sources including:
EI WEEKLY PODCAST
A Dangerous Consolidated Tape Row
Nepalese Stampede
NASDAQ Announce Co Presidents
While Ronan Ryan of IEX has made an impassioned plea against the mad, bad, dangerous to know and related vested interests to approach exchange reform sensibly.
And it’s a case of “deja vu one more time” for MIH and LedgerX
The Exchange Invest Weekly Podcast 191
VICTORY OR DEATH
20 years on from the first fintech bestseller “Capital Market Revolution!”… “Victory Or Death” is a must read book for anyone interested in the intersection of Blockchain, Cryptocurrency and FinTech as part of the whole future of finance.
PODCAST THIS WEEK
The Rise And Fall Of Silicon Valley
Spiked
“Silicon valley has become anti-aspirational for all but a few people.” — Joel Kotkin
BITCARNAGE
MIH Buys LedgerX
It seems that no matter how many innovations humanity invents, we always end up with a winning group — the lawyers. There is a further irony to the current situation as the crypto folks seek to decentralize finance and thus in many ways bypass legal norms. Anyway, Coinbase has decided to demand regulatory clarity from the SEC, a move I think could yet return to haunt them.
Everyday we cover the ongoing turmoil of BTC, crypto et al in our daily “Bitcarnage” section of Exchange Invest. For more details on a free trial to our premium newsletter of the bourse business delivered to your Inbox daily, you can sign up on our new beta website ExchangeInvest.com.
Alternatively, if you want to follow Bitcarnage — the daily update on happenings in the world of crypto and digital assets, alone, then you can find Bitcarnage as a standalone on Substack.
MACRO THOUGHTS
Germany’s Nuclear Lunacy
Spiked
OF INTERESTS
As always, a review of interesting reading to provoke thoughts and consideration… Not sure we agree with much of it….but it’s thought-provoking!
Nobody Knows What The Point Of Homework Is
Vox
Africa: DNA Study Opens A Window Into African Civilisations That Left A Lasting Legacy
allAfrica.com
Infographic: 11 Tech Trends To Watch In 2023
Visual Capitalist
What Happens When A State Fails
The Spectator
“‘If there’s a problem in Lebanon, the answer is always corruption,’ says Maria. ‘No money? Corruption. No electricity? Corruption. Why don’t we have buses or public transport? Why did hundreds of people die in the port blast? The answer is always the same.’”
Cloud Infrastructure Is Now ‘Inevitably’ Diverse
Forbes
A Trifecta Of Tales From Monaco Intelligence
Santa Barbara News-Press
LinkedIn Will Finally Offer Ways To Verify Your Job
Wired
Make Tech Great Again
The Spectator World
PLY: Returning to the theme of the Spiked podcast with Joel Kotkin (above).
LAST WORD
…If you want to stay abreast of the world of exchanges then please Subscribe to our Daily Newsletter — free 30 day trial.
Or Subscribe to our EI Weekend newsletter in Substack — it’s free.
You can also check out the “Reflections From Young’s Pyramid”, it illustrates the relative value of exchanges around the world.
Or the “ICE Cost of Borrowing 2020–2022” An Interest Rate Comparison, which illustrates the end of the funny money era of QE and how interest rates have already had a major lurch up from their previous region of zero to, even negative, levels.
At the least can you like this article, or leave us a comment, we welcome your feedback.
If you enjoy our multimedia, then please Like / Subscribe to our video channel: IPO-VID In Patrick’s Opinion.
The future continues in the water cooler of the bourse business…
- Patrick
