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Serious Business

Business & Finance

Dogloose recommends CurrenScene.com and DiamondBuyersClub.com

The Drunk In The Front Row

Written by: dogloose
Category: Serious Business
Hits: 3921

Back when I was in high school my guitar instructor gave me a lead about a local band that was looking for a guitarist. So I call them them up, speak to the manager and arrange for an audition. On the day of the audition my mom drives me down to Park Slope, which at the time was not such a good part of Brooklyn. I meet the band and the manager and I pass the audition. Boom! I’m in a band!

Read more: The Drunk In The Front Row

The Diamond Invention - Forever Means You Just Can't Sell 'Em

Written by: Edward Jay Epstein
Category: Serious Business
Hits: 4122

In spite of ups and downs over decades the price of diamonds has remained essentially stable and under total control of nothing short of a racket. Created and managed by the De Beers cartel, the value of what were once just rocks in the ground has risen to the point where they are now coveted and revered around the world. And once you buy one, well, it's yours - forever! In the February 1982 issue of The Atlantic magazine, noted author Edward Jay Epstein laid out how it all began in a piece entitled: Have You Ever Tried to Sell a Diamond? The story is both fascinating and revealing.

Read more: The Diamond Invention - Forever Means You Just Can't Sell 'Em

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Currency Blog

  • Bitcoin miners face fight for survival as new supply halves

    Marco Streng is a miner, though he does not carry a pick around his base in south-western Iceland. Instead, he keeps tens of thousands of computers running 24 hours a day in fierce competition with others across the globe to earn bitcoins. In the world of the web-based digital currency, it is not central banks that add new money to the system, but rather computers like Streng's which are awarded fresh bitcoins in return for processing blocks of the latest bitcoin transactions.

  • Smartphone Payments Are India's Best Spark for Modern Banking

    In many emerging markets, daily financial transactions—buying groceries, paying a utility bill, cashing a paycheck or billing a customer—are notoriously difficult. Banking institutions are few and far between, and large swaths of the population have little or no access to them.

  • The Future of Banking: High-Tech Smart ATMs with Software for ATM Operators

    Smart ATMs with high-tech software for ATM operators are becoming more popular than traditional tellers. Many bank branches are updating their look and technology to save money in the long run. The idea is to cut costs and compete for higher margin business such as home loans.

  • How Merchants Can Boost Business with a Cash Discount Program

    Today there are a multitude of ways to pay – cash, check, credit card, debit card, mobile and online, which is convenient for the younger, tech-savvy generations. However, integrating complex payment technology that requires an overhaul of existing hardware and software can challenge a business owner’s ability to keep their business viable.