Where is this?

You can see it from a well-travelled road, the first person to tell us where it is or send us a picture of themselves with the banner gets 5,000 SCOT transferred into their wallet! Entries via [email protected] Please include: Your full name Your wallet address Where the banner is END DATE: When we get a […]

Vintage Firsts

Because of the issues with social distancing, we have had to put the vintage firsts project on hold. So as a taster see below a few of the stories that people shared. There’s a prize of 25,000 Scotcoin for the best new one we receive before the end of May 2020. Best of luck! From […]

NOW YOU REALLY NEED SOME CRYPTO

The Fed has been told to “just keep printing money” according to an interview with CBS’s 60 Minute. President of the Federal Reserve Bank of Minneapolis Neel Kashkari referred to there being “an infinite amount of cash at the Federal Reserve.” He went on to say “That’s literally what Congress has told us to do. That’s the […]

IS THE TRUTH THAT OUR ECONOMY IS SIMPLY TOO BIG TO FAIL?

Robert McDowell is a long time supporter both personally and through Summerhall of Scotcoin. He is currently chairman of that renowned venue in Edinburgh, and a long time top level financier and economist. He has written a couple of pieces for us, this first one on the macro position we find ourselves in and the […]

Two actors

Two actors, a boxer, a cyber-security technician, a business administrator, a mechanical engineer and a builder all go into a gym hall. Now you may think this is the start of a joke, but believe me this is not only no joke but one of the best things that has happened to me in quite […]

Using Crypto in disaster areas

CoinTelegraph had a very interesting article on this very thing – see here: https://cointelegraph.com/news/unicef-fund-manager-cryptocurrency-could-revolutionize-humanitarian-aid You probably won’t remember but this is something I spoke about and highlighted some considerable time ago as being a perfect use for crypto in disaster situations. UNICEF has now embraced the idea. In the interview their Program Funding Manager Sunita […]

Coronavirus Redux

There is no doubt the Coronavirus is having a severe effect both on world trade but also in travel patterns across the globe. It is clear that China is actually suffering a severe drop in output (check the electricity figures if you don’t believe me) and it may well be that this drop will translate […]

ARE we going cashless?

There has been much talk of the UK going cashless, particularly because of the relentless drive of contactless. ATMs are reducing in number, especially as the banks in the UK now rake in £100 million a year in fees from the consumer. That machine that charges £1.99 to take out £20 is now a profit […]

The corona virus outbreak shows just how fragile our world is

Quite apart from the disruption that has been caused, China has printed $170BILLION of extra cash to pump into the economy. There’s no guarantee that’s enough, and in fact it’s unlikely to be. In 2008, the US Treasury printed $600 billion, and that wasn’t enough to prevent widespread bankruptcies and zombie companies. The IMF only […]