Category Archives: Finance

An Interview with Jed McCaleb, Humanitarian and Financial Entrepreneur

Jed McCaleb, co-founder of the online financial network Stellar.org, believes in using technology to increase efficiency and improve people’s lives. The Stellar network and Stellar.org contribute to this, as they are designed to provide resources to increase financial literacy while also supporting open-source softwares. Recently, Mr. McCaleb sat down for an interview with IdeaMensch to discuss Stellar, his work habits and evolving trends in the technological sector.

When asked where the idea for Stellar originated, Jed McCaleb explained that his growing interest in Bitcoin led to the idea for Stellar. Bitcoin, he argues, can be described as a currency that moves value from one person to another, but about 2.5 billion adults (or around half of the world’s adult population) don’t have bank accounts. This is largely because banks can’t or won’t afford the necessary maintenance costs to serve people in low-income areas, and this is where Stellar comes in. McCaleb’s goal with Stellar is to connect disparate people and financial institutions and provide a seamless and affordable way to move money online, and thus far, the Stellar initiative has been successful. Already, nonprofits are starting to use Stellar to provide financial infrastructure in many parts of the developing world.

Jed was also asked about his work habits and how he remains productive throughout the day. He explained that having small teams is key, and that he also works in two different productive modes, ‘focused’ and ‘reactive’ which he harnesses to perform coding and building tasks or respond to emails and requests, respectively. When asked about technological trends that particularly excite him, Mr. McCaleb discussed artificial intelligence, which he believes will help us solve a variety of problems over the next twenty years or so. McCaleb has donated money to the Machine Intelligence Research Institute, or MIRI, a nonprofit that researches ways to safely operate future A.I., and has recently become an advisor to the Institute.

Jed McCaleb was the creative mind behind eDonkey, an early file-sharing platform, and Mt. Gox, the first-ever Bitcoin exchange. His interests and enterprises are varied; he also founded Code Collective, where he programmed and designed a turn-based strategy video game called the Far Wilds. Currently, Mr. McCaleb works to improve the Stellar Network while also advising the MIRI research team.

Learn more about Jed McCaleb: https://ideamensch.com/jed-mccaleb/

George Soros doesn’t want to Control the World

Many right wing conservative theorists and leaders honestly believe that George Soros is out to control the world. They wrongly believe that he is behind every move to stop their agenda and to keep the liberal agenda alive and well in the world. However, he is not. Soros is just a man who understands how important it is for people to have freedom and rights within a society. He knows that if a society is controlled by the government or by the wealthy elite, then millions will suffer and learn more about George Soros.

Soros grew up under the Nazi regime when he was a young teenager living in Hungary. Once the Nazi Party was in control of his nation, he personally witnessed the tyranny and terror that the Nazi Party caused to his fellow countrymen. Soros is a Jewish person and he never wants people to experience that kind of chaos again and George Soros’s lacrosse camp.

One of the ways that he fights back against this type of injustice is through the concept of an open society. An open society is a country that allows its people certain rights and it gives them the ability to control their own lives. In an open society, people can speak out against their government, they can compete in free markets and they can worship as they please. However, there are many nations today, that does not allow this type of thing and more information click here.

Soros knows that it is easy for people in power to put a stranglehold on society. Even American society could fall under the hand of an oppressive party. While a person would seriously have a hard time becoming a tyrant within America; if enough key people within the American political system gains power – they could easily establish laws that would cause grief for many American citizens and what George Soros knows.

The point is that Sosos is fighting to keep the world (not just America) free from any government system trying to impose its will on the people. He could easily be a part of the ruling elite that would work to subvert billions on this planet to serve his end. However, Soros is not. He uses his organization the Open Society Foundations to financially (and ideologically) support thousands of liberal organizations.

In all honesty, Soros could literally support the cause of liberalism on the globe. However, Soros is not behind every liberal agenda, scheme or action. It probably flatters Soros that so many conservatives think that he has so much pull. The reality is that not even Soros cannot control every liberal action that takes place in the world. Simply put, George Soros is a very rich guy who is doing his part to protect freedom and people’s rights. You can read more about Soros and his position in the Business Insider.

More Visit: http://www.businessinsider.com/how-did-george-soros-become-the-favorite-boogeyan-of-the-right-2017-5