The Future of Money

For most people, change is something that creeps up behind them.

While they’re unsuspecting and off-guard it taps them on the shoulder — leaving just enough time for them to catch a glimpse of the tidal wave before it engulfs life as they know it.

I’m sure that’s how a vast majority of the 6000 NAB employees felt when they had their jobs cut on Thursday. To be fair, being made redundant by artificial intelligence is something we expect to see in science fiction movies, not in 2017.

But as NAB CEO Andrew Thorburn said on the matter, ‘The world is changing and so are we.

And he’s right.

Change is inevitable, and it’s happening now. The automation revolution has only just begun, and the effects are by no means isolated to the finance industry. But if you watch your back, you’ll be able to surf the waves instead of getting knocked down by them.

As technology collides with industry, you should look to the source. It’s vital to stay at the cutting edge, not piled up with the masses in the middle. And without a doubt, the tech that is red-hot right now is Blockchain.

Blockchain itself is the by-product of the collision between the internet, cryptography and peer-to-peer protocol.

It was the layer of infrastructure the internet had been waiting for — a tangible solution to the question of how to decentralise transactions online. And now that disruptive technology is colliding with other major industries.

Blockchain technology is already changing the face of agriculture and how we trace the origins of our food.

Imagine being able to scan the barcode of a product in the supermarket and instantly view the entire supply chain. Or even see information about the animal itself. Well, with trials already being undertaken by major supermarket chains, that’s soon going to be a reality.

Not only this, but what was previously a complicated and expensive transaction between producers and retailers, is now being transformed into a simple deal between farmer and consumer.

Soon enough, this kind of transparency will radically alter the face of all industries, finance included.

As you’ll come to realise, nothing exists in a vacuum. It’s all interconnected. And with the various failures of big companies to combat hacking, blockchain is the solution we’ve been waiting for when it comes to our data and privacy.

So when it comes to change, you will get swept along with the rest whether you like it or not. It’s best to join in on what could ultimately be a revolution that could transform your life for the better.

Our own Ryan Dinse has been dedicating himself to researching this coming revolution, and how investors can benefit. He argues that to ready yourself for the blockchain collision, you should invest in the tech companies that are under the radar now. Companies that will soon move from the sidelines to the mainstream. He has just released a portfolio of three blockchain-focused companies that will provide exponential returns if you get in quick.

To learn what they are, click here

This week in Markets and Money

On Monday, Vern told us to follow the money trail back to the central banks. Over the past decade, global banks have accumulated a fortune so huge it will soon surpass the economies of the US and China. But there’s a catch. If you keep following the money, you’ll find that this vertical rise in assets is a bubble set to burst. And when it does, you don’t want to be caught in the middle of the collapse.

To read the full story, click here.

On Tuesday, Shae noted that the strong façade of central banks is slipping further. It’s already no secret that they are threatened by the bourgeoning influence of cryptos. But their insecurity is now out in the open. With many central bankers arguing that gold is a better ‘asset’ than cryptos, it’s clear they don’t understand how revolutionary this currency really is. But they do know that they’re here to stay, and threatening the banks in a big way.

To read the full story, click here.

On Wednesday, Shae pointed to the charts to disprove a popular notion. It’s no longer true that when America sneezes, Australia catches a cold. Our once intertwined market movements have diverged. And while the US has been soaring to new heights thanks to huge growth in the tech sector, we’ve been left behind. But Aussie investors might soon get a break from the woes of a plateaued market. The index is starting to rise, and you want to be in position when it does.

To read the full story, click here.

On Thursday, Shae related to the frustration many have been feeling over disappointing blue chip returns. The old saying ‘invest in what you know’ hasn’t exactly been making people rich. It hasn’t even provided decent returns for those with long-term wealth building in mind. But that said, buying shares in companies the whole country is already in on isn’t always a safe bet. To find the real money you need to plunge down the rabbit hole, into the world of small-cap stocks. If you can catch the right one before it disappears, you definitely won’t be disappointed.

To read the full story, click here.

On Friday, the price of a single bitcoin hit US $7,000. This sparked renewed concerns around whether cryptos are a bubble waiting to pop. But Shae made the point that the Dow Jones has seen similar highs this year, with no qualms from financial analysts. What’s really going on is the analysts can’t accept a currency that doesn’t have its value derived from a central power. But as bitcoin’s value keeps soaring, the banks have no choice but to watch and learn.

To read the full story, click here.


Katie Johnson,

For Markets & Money

Katherine Johnson, usually going by just ‘Katie’, is a member of Port Phillip Publishing’s editorial team, as well as the Editor of the Saturday edition of Markets & Money. Katie works with all of your editors to maintain the quality of their research and analysis. In her Saturday Markets & Money articles she specialises in cryptocurrency and technology stories, and brings you a recap of the week from your other Markets and Money editors.

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