Share to Twitter Share to Linkedin Michael Saylor’s new job looks a lot like his old job: adding bitcoin to the balance sheet of his business-software company with religious fervor. “I'm a bitcoin maximalist, I happen to believe that bitcoin is an instrument of economic empowerment, it'll be beneficial to eight billion people,” Saylor told Forbes in an interview. “I also happen to believe that bitcoin is unique,” he continues, because of “the Immaculate Conception, decentralization, and its commodity status. All of these things make it the superior asset in the space.” The Immaculate Conception he means is the founding of bitcoin, as explained in a 2008 white paper by one or more people using the name Satoshi Nakamoto. Saylor stated that bitcoin is the only crypto asset which is truly decentralized and without an issuer. He backs bitcoin as a corporate investment in part because he believes there is regulatory agreement among U.S. regulators that bitcoin … [Read more...] about Bitcoin ‘Maximalist’ Saylor Makes Crypto His Only Job
Neanderthals first evolved about 250 million years ago
The US Restaurant Industry Has Bounded Back from Covid At Every Level From Fast Food To Fine Dining
Share to Twitter Share to Linkedin The doomsayers who predicted the literal demise of the U.S. restaurant industry after Covid—especially at the fine dining level—proved myopic in the extreme. A new study called the “Agency Forward Restaurant Survey” compiled by Nationwide Insurance, which both insures and advises restaurants on coping with inflation to supply chain issues shows that every segment of the industry has not just survived but in many cases is thriving well past pre-pandemic levels of business. To explain the findings I spoke with Peter McMurtrie, President of Commercial Lines at Nationwide: You say reservations have returned to pre-pandemic levels. Does this apply as much to fast food and chain restaurants (which are mainly walk-in) as with higher end and fine dining? While this research study only focused on fine dining, fast casual and family-style restaurants, recent research as well as our interactions with customers have shown fast food … [Read more...] about The US Restaurant Industry Has Bounded Back from Covid At Every Level From Fast Food To Fine Dining
Middle East Rapprochements: Who Is Standing To Lose?
Share to Twitter Share to Linkedin Change is brewing in the Middle East. The region’s political landscape transforms as rapprochements emerge. In a turn startling observers, China has brokered a détente between Iran and Saudi Arabia, whose enmity has long been a cornerstone of Middle Eastern strife. Within mere days under Beijing’s watch, the reconciliation between these regional powerhouses altered the political landscape’s main contours. Yet, the Saudi-Iran reconciliation is not the only instance of regional realignment — efforts are also underway to rehabilitate the Assad regime back into the regional fold. As new alliances crystallize, winners and losers emerge in their wake. These developments have far-reaching implications for the region's actors, and understanding their roots and consequences is essential for any observer. Gaining momentum, the China-brokered Saudi-Iran normalization progresses, as reopening embassies and increasing … [Read more...] about Middle East Rapprochements: Who Is Standing To Lose?
SFERRA Is Unveiling Its First Physical Store, In An Italiante-Style Townhouse In New York City
Share to Twitter Share to Linkedin Luxury Italian bedding and lifestyle brand SFERRA is opening a 2,600-square-foot store, its first physical store, in Manhattan’s Flatiron District, in a three level Italiante-style townhouse. While the brand is long on history – it was founded in 1853 – it’s store is designed to be an experiential retail center. With three-floors to explore, the Townhouse gathers all of SFERRA’s product lines under the same roof. That includes bedding, bath, down, robe, and loungewear; tabletop; rugs; decorative accessories, and gift collections. The latter features one-of-a-kind items sold exclusively at the Flatiron District Townhouse. The store showcases SFERRA’s collections in an elevated space that echos a comfortable New York City home. Displays of SFERRA products from the early days, and spanning 130 years are showcased throughout the Townhouse alongside recently launched items. The merchandise will allow guests and designers … [Read more...] about SFERRA Is Unveiling Its First Physical Store, In An Italiante-Style Townhouse In New York City