Peter Ryan @_PeterRyan
Research on economics, history, and tech @Ryan_Research | Special focus on Ireland ryanresearch.co Joined October 2012-
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Peter Ryan retweeted
1/ @stripe just pulled back the curtain on @tempo, its corporate blockchain, and the pitch is a classic. You get an all-star team, state-of-the-art tech, an impressive roster of partners—including one of the card networks the whole thing is designed to replace—and "neutrality."
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Peter Ryan retweeted
31/ Ultimately, Stripe's Tempo is a referendum on the ghost of Libra. If that ghost was merely a product of bad timing, then Tempo is poised for a historic victory, and the crypto world's original dreamers may finally have to accept a more pragmatic, centralized reality.
Peter Ryan retweeted
29/ We would simply swap an old monarchy of card networks and financial sector incumbents for a new one of fintech giants. The throne will have new occupants, but it will be the same throne.
Peter Ryan retweeted
28/ If corporate chains like Tempo and Arc succeed, it will mean the crypto experiment was not a revolution, but a failed coup. The backend technology would be different, yes, but the market structure would be eerily familiar.
Peter Ryan retweeted
This is a perfect description of Abundance punditry. 2/2
Peter Ryan retweeted
Devastating review of "Abundance" (the book) in @nybooks. I mean, whew! 1/2
Just pre-ordered Jacob's book. Help him move units!
Just pre-ordered Jacob's book. Help him move units!
"these public banks guard against oligopoly...produce more competition...[and] prevent “too big to fail” scenarios"
"these public banks guard against oligopoly...produce more competition...[and] prevent “too big to fail” scenarios" https://t.co/DK9Tl5DcGs
Peter Ryan retweeted
Finance is a planning tool and markets are a coordination and implementation system for financial plans. The only real question in political economy is who is doing the planning, for what purposes and whose benefit?
Peter Ryan retweeted
The Federal Reserve has to cut in September. And maybe October now. The US economy lost -13,000 jobs in June -->The first negative month since December 2020 (!) There's barely been any job growth in the past 4 months. Almost all the jobs added are in healthcare. Without…
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