It has been praised by many people around the world as the most convenient currency without interference from authorities and governments. That is probably the reason why its value has been ever on the rise compared to other forms of currencies. However, Bitcoin faces a major problem that could likely hinder its penetration into the mainstream financial market. According to Financial expert Ted Bauman, Bitcoin faces the challenge of being unable to process a large transaction of cash within a short time. Bauman says that is why most corporate organizations and the general public are still hesitant in embracing the use of Bitcoin to transact business.
Through his Bauman’s letter that he publishes on a monthly basis shading light on various financial issues, he urges his readers to envisage a time when Bitcoin will get recognition and acceptance in most parts of the world. He says that as much as Bitcoin will get recognition and acceptance worldwide, there are negative things that will be revealed about the cryptocurrency.
The best scenario of demonstrating some challenges that face Bitcoin is when you probably make a payment while exiting a parking garage. Since you have several wallets, you decide to pay your parking fee through Bitcoin since the machine accepts Bitcoin payments. Nonetheless, you stay there for over 30 minutes, and nothing is happening because you are waiting for Bitcoin to process your payment. If you were born lucky, the transaction might take a few minutes, and you will be gone, but on a bad day, such a transaction can keep you waiting for over an hour. Bauman states that slow processing of transactions is a major pitfall for Bitcoin. Read more at ezinearticles.com about Ted Bauman
When compared to the speed in which other major credit card companies process their payments, Bitcoin’ transaction speed is very slow. Just to compare the difference, Visa can process more than 20,000 transactions in a second. On the other hand, Bitcoin has the capacity of carrying out about 6 or 7 transactions in one second. And it is common for a single transaction to last up to ten minutes. That is why when people transact with Bitcoin and experience delays they fail to understand where the problem is.
Ted Bauman started working at Banyan Hill publishing in 2013, and he is currently the editor of Bauman letter, Alpha Stock, and Plan B Club. He specializes in asset protection, privacy, low-risk investment strategies and international immigration issues. His experience in various financial issues has kept the number of his followers and readers on the increase since he joined Banyan Publishing. Learn more about Ted Bauman at https://seekingalpha.com/user/48547799/comments
Most major corporations are constantly searching for the wave of the future as they look to increase profits, as well as to grow their business while staying ahead of the curve. In sharp contrast to recent years, where executives were seeking to grow their companies internally, mergers and acquisitions have now firmly supplanted that school of thought. In a recent study done by Deloitte, 1,000 prominent executives where surveyed, and the results concluded that two-thirds of them revealed that their cash reserves had increased when compared to previous years, stating that they intended to utilize these extra funds to focus on mergers and acquisitions. While a large percent of the executives surveyed discussed the fact that mergers and acquisitions were high on their list of future priorities, a staggering 40 percent revealed that mergers and acquisitions were in fact, their top overall primary concern. These future investments were almost universally agreed upon in the regard that they will be significantly increased in comparison to years past. According to Dealogic, a financial markets platform that has been collecting data since the mid-1990’s, last November saw the highest increase regarding mergers and acquisitions, and it is of Jeff Yastine’s opinion that this method of investment will only increase as 2018 goes along. Visit Jeff Yastine at medium .com to know more.
As a part of the PBS Nightly Business Report from 1994 to 2010, Jeff Yastine received a number of awards and recognitions, most notably, an Emmy nomination for his role there as anchor and correspondent. During his time with PBS, he had the pleasure of interviewing a number of prominent businessmen, including Sir Richard Branson, Warren Buffet, and Michael Dell. Known for his forward-thinking, Jeff Yastine accurately predicted several of the world’s most significant economic disasters, in particular, the dot-com bubble that burst in the early 2000’s, and was on the scene when the Panama Canal was returned to the Panamanian Government in 1999. As he looks to 2018, he envisions that tax reform will be a major factor due to the fact that it has the potential to reduce corporate taxes by 21 percent, as well as its ability to free up money that has long been dedicated to overseas ventures. Today, he places the future of corporate transactions on the sentiments held by their Chief Executive Officers and board members, making it the most important topic to stay abreast of in the upcoming years.
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Ted Bauman is a prominent man due to his expertise in finance. He dedicated himself to ensuring that people get connected to the resources they require to lead an independent life that is free from government intervention or company exploitation. As a result, Ted Bauman has been committed to keeping up with the current trends and changes in a market so that he can offer the right advice to investors. Being updated with the recent findings of a market will keep an investor on his toes and avoid making the wrong investments.
Bauman was born in Washington D.C and got raised on the Eastern Shore of Maryland. However, as a young man, he decided to locate in South Africa where he furthered his studies. Ted attended the University of Cape Town where and got his Postgraduate Degrees in History and Economics. In South Africa, he built his career in two decades as a consultant, researcher, financial planner and fund manager for non-profit housing developments. Follow Ted Bauman at stocktwits.com
He has transformed the lives of approximately 14 million people in 35 different countries through establishing Slum Dwellers International a social movement of the urban poor.
In 2013, Ted joined Banyan Hill and became the editor of The Bauman Letter, Alpha Stock alert, and Plan B Club. In this platform, he offers invaluable information and advice on privacy, asset protection, migration issues and strategic low-risk investments. Readers and investors are always looking forward to new guidelines on how to up their investment game and be knowledgeable.
Currently, Bauman and his family reside in Atlanta, GA. He usually works at his basement office in his home after he has dropped her daughter at school.
In an interview when asked about the key factors that have contributed to his success he left valuable tips to be noted.
According to Ted Bauman the essential thing for a writer is to use outstanding skills in writing and narration to explain the importance of specific topics like asset protection and investment. To add to this giving real-life examples is essential to create a clear picture in a readers mind.
Time management is also very essential for maximum productivity, Ted wakes up early in the morning and gets the most stringent work done. He said that those are his productive hours and he guards them for work.
To add to his outstanding writing and narration skills, Ted is continually searching for data sources in media and ambiguous places on the internet to keep readers well informed.
In most cases when the government begins to regulate particular types of businesses, there are several changes that come into place. Big companies often recruit compliance officers as well as establish departments that are entirely dedicated to avoiding any violations. This is because they understand the consequences of being caught on the wrong side of the law. There are several companies that have been in such situations and came almost to a halt. Read more about Jeff Yastine at investmentu.com to know more.
The Impact of Regulation
Regulations can often have both negative and positive effects on a business. Nonetheless, it is important to be cognizant of the fact that such regulations always translate into more expanse for a business. Consequently, the share prices fall and the investor confidence is eroded. In extreme cases, the values of stocks start to diminish way before the rules start operating. It is always a challenge for business owners to deal with the issue of regulation. This is because the more they comply, the more their expenses will increase. As a result, even their profits are negatively affected.
It is estimated that every year major world financial institutions spend up to $65 billion in a bid to comply with various business regulations. Besides, this amount is projected to increase up to $118 billion in the next two years. Most European Banks dedicate over $1 billion annually just to ensure that they comply with all the regulations.
Businesses can take advantage of regulation costs, thanks to “Regtech” technology. Regtech is a new regulatory technology which uses sophisticated computer software for the purposes of reducing costs. It utilizes artificial intelligence as well as blockchain technology. Business organizations can look for companies providing such services if they want to prevent regulatory costs from rising.
Regtech currently has over 100 small companies which most people are not even aware of. They include names such as; Taxometry, OnRule, ComplyAdvantage among others. Most of these small companies have not yet gone public. Regtech firms apparently work closely with insurance companies and banks.
Jeff Yastine joined Banyan Publishing as an Editorial Director in 2015. He has over 20 years’ experience in stock market investment as well as Financial Journalism. He is also the current editor of Total Wealth Insider, one of the most inspiring financial Magazines. With all his experience and insights in business matters, Yastine offers the best investment advice to his readers throughout the country and around the world.
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