A Quote by Ben Bernanke
[Virtual Currencies] may hold long-term promise, particularly if the innovations Promote a faster, more secure and more efficient payment system.
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Efficiency may curtail [energy] demand in the short term, for the specific task at hand. But its long-term impact is just the opposite...efficiency fails to curb demand because it lets more people do more, and do it faster-and more/more/faster invariably swamps all the efficiency gains.
The IRS issued guidance for virtual currencies on March 25, 2014 that stated virtual currencies, including Bitcoin, are to be treated as property for federal tax purposes. This requires capital gains on virtual currencies to be recorded and reported. The Bitcoin Foundation says this could lead to unrealistic reporting.
The whole idea behind virtual integration is that it lets you meet customers' needs faster and more efficiently than any other model. With vertical integration, you can be an efficient producer - as long as the world isn't changing very much.
You can hold your Bitcoin in Ripple. We want to be agnostic to any currency, whether that be a virtual currency, political currencies, or peer-to-peer currencies.
Not exclusively, but the bulk of our local economy should be covered by local currencies, which is more efficient than having global currencies which lose connection with reality in the markets, shops and communities of the people.
Empowering innovations require long-term investments, which tie up capital for years and years. So companies are using capital to create more capital, and consequently, the world is awash in capital, but the innovations we need to advance aren't there.
A leader is someone who steps back from the entire system and tries to build a more collaborative, more innovative system that will work over the long term.
You're also looking at a global warming solution here in Europe: smaller vehicles, more energy efficient, many which use diesel fuel which is more efficient. And the price of gas here is $6 a gallon to discourage guzzling. A lot of big ideas and innovations coming out of Europe.
The more you run, the faster you get, and that's more efficient because you're running more in less time.
When you start with why, which decision you make becomes very easy. It is so hard to do when you may suffer a short term loss or you may lose out on some short term gain. But in the long run it's way more powerful and way more stable.
Recognize that millennials' personal long-term goals may have nothing to do with their organizations' long-term goals. Discover and facilitate their long-term goals, and they will be more inclined to help their organizations achieve success.
I think there's a lot we could do that maybe would give a little more decision space to CEOs, to shareholders who want to hold for the long term, to investors who want to be part of the long term, that they would maybe have a little more room to withstand the pressure that is otherwise coming down on them.
It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.
Obama has demonstrated no desire to make tough choices. Americans demand a more efficient, effective government, but his budget calls for more taxes and more spending. It employs deceptive accounting gimmicks but does nothing to tackle long-term entitlement problems, nothing to save Medicare or fix Social Security.
I think more civil society programs, more free enterprise, more contacts with their fellow brethren in Miami - that's good for the long-term, and that's an investment in America's long-term relationship with the Cuban people, not the Cuban government.
I have realised more and more that great companies, founded for a long-term purpose, such as Google or Facebook or SpaceX, may do more good in the world than any other vehicle that we have.
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