A Quote by Pat Connaughton

I only dabble in the digital currency. I'm not an expert or know if it's going to boom or bust. But being a business guy, I try to diversify a little bit. — © Pat Connaughton
I only dabble in the digital currency. I'm not an expert or know if it's going to boom or bust. But being a business guy, I try to diversify a little bit.
Boom and bust cycles are very difficult for businesses because you're hiring a bunch because you're planning for the future. And if the future is going to be very big, you need to hire people, or suddenly you go to boom to bust, then all of a sudden, you're kind of battening down the hatches and trying to sail, you know, through the storm, it's a different thing. So part of it is making good decisions about, well, how long is a boom cycle going to be, you know, don't plan on it going forever.
The 20th Century approach to economics, resource depletion and over-consumption means we boom and bust until we bust more than we boom; that is precisely what is happening. In a low growth economy, the true meaning of resource efficiency in business and in everything we do is essential
Earlier, physical currency used to dominate. Now, mobile currency or digital currency is dominating. For digital currency, fintech is very crucial.
I do think some digital currency will end up being the reserve currency of the world. I see a path where that's going to happen.
All markets have boom and bust cycles, and I think venture capital market has even more exaggerated boom and bust cycles.
Many countries are looking at the virtual currency and the digital currency. Now, the issue is a virtual currency by the government, digital currency by the government that is one area to look but on the other hand, there are private cryptocurrencies as well.
I think the Australian men and American men are quite different. I feel like Australian men might be a little bit more laid back and a little bit cool whereas American guys are sort of 'boom, boom, boom.
In falling markets, there is nothing that has not happened before. The bear or pessimist sees only the past, which imprisons the wretched financial soul in eternal circles of boom and bust and boom again.
The regulator banned cryptocurrency... then there was an order from the Supreme Court. So, in the absence of any strong law, it was very important for us to come out with a comprehensive law-one for the private digital currency and second for the government for its digital form of currency, or the virtual currency.
I know that people are going to recognize my voice as being different and they are going to be saying, 'Let me listen a little bit closer to see if she says something that I don't agree with.' They're probably going to pay a little bit more attention.
We create these boom-bust cycles by manipulating the money supply and the interest rates and directing it where it went in. And that is what happened with housing: pushed into housing combination of easy money plus all the regulations, and we created this boom-bust cycle, and corruption, because corruption goes with it, because you don't have the same discipline. So we've got to stop all that.
The 'boom-bust' cycle is generated by monetary intervention in the market, specifically bank credit expansion to business.
From a technical point of view, there seemed to me to be absolutely no reason why - with the existing technology - we couldn't do very high quality audio, because whereas the boom in digital graphics is ongoing, the boom in digital audio has already happened.
It's important to understand how Coinbase thinks about regulation and compliance in the digital currency space. As an exchange, we view compliance as key to digital currency's success.
I feel like, if the guys can look at me in the huddle and see a calm and collected face, that they're going to relax a little bit. The way I look at it, leadership and being that guy is, don't be someone you're not. Don't be a hoorah guy jumping around and clapping your hands if you're not that guy.
I want to diversify a bit. I don't wanna throw myself into another big blockbuster or another big franchise anytime soon. So smaller films, just small little interesting parts, I think I'd even like to play around with some really good supporting roles and then develop into - I don't know just like feel my way into it a bit more. I don't know, I'd love to try some theater. That's my other thing. I'd love to do some Shakespeare.
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