All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. Disclaimer. There are zero-cost, instant transfer apps like Venmo, CashApp and Zelle. How would you plan a wedding? This led to loads of blockchain start-ups and service companies, with giant corporations infected with bad cases of FOMO funding pilots and proofs-of-concept. In practice, no one exchanged these large-dollar notes for gold; they were mostly used by banks and the government to move funds between themselves, a practice which stopped in 1934. Intraday Data provided by FACTSET and subject to terms of use. Every financial plan should have a risk management or insurance component. This is fully digital.

Digerati Provides Update on its Previously Announced Acquisition of Nexogy, Inc. Digerati Engages Maxim Group LLC to Assist with its Growth Strategy and Goal to Up-List to a National Exchange, Digerati Selects Financial Partner to Fund Acquisitions. What about those awful transactions that supposedly take days?

We look forward to completing this series of transactions and moving on to the next phase of the Company’s corporate development plan with the primary objective of up-listing to Nasdaq or NYSE American.”About Nexogy, Inc.Nexogy is a leading provider of unified communications as a service (“UCaaS”) and managed services, offering a portfolio of cloud-based solutions to the small to medium-sized business market and serving over 1,500 business accounts and 14,000 users across various industries including Education, Health Care, Financial Services, and Real Estate. And, annuities, despite their criticism, also have a […] […], I’ve been thinking about children at weddings.

The Chinese will beat us to it, and we’ll be left behind! As of December 2019, M2 was $15.434 trillion dollars. Cash is convenient for small transactions and for people who don’t have working, powered and connected small computers on their person. Over Four Years of Personal Finance, Consumer Spending, Crazy Products and Boring Blog Posts. Supposedly, these technologies would solve long-standing problems involving data that was in many locations. But this isn’t just for the USA; world-wide, only 8% of currency exists as physical cash! The firm through its subsidiaries engages in the provision of cloud telephony services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. The vast majority of currency value is fully and completely digital, and all large-dollar transactions are completely digital. For more information about Digerati Technologies, please visit www.digerati-inc.com.Forward-Looking StatementsThe information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements related to the future financial performance of the Company. You also don’t always need a stack of grocery […] […], Do you really know how much it costs to own your car? Historical and current end-of-day data provided by FACTSET. I guess the crypto-groupies are out of touch with what’s going on here in the real world. The two acquisitions and the financing transaction are now expected to close within the 90-day window of T3 executing documents with its financial partner.

Digerati Technologies Inc. is a provider of cloud services specializing in UCaaS solutions for the business market. All rights reserved.

Get over it, crypto-fanatics and blockchain groupies. You may opt-out by. Good grief. View the latest DTGI stock quote and chart on MSN Money.

Here are some highlights: Crypto-groupies love to talk about the slowest transactions in the multi-trillion dollar US digital dollar system.

The Digerati Life A Money Blog: …

But, I […] […], For experienced and first time investors alike, the plethora of investment vehicles and options can be overwhelming. All quotes are in local exchange time. House Report Attacks Tech Giants as Monopolists That Stifle Competition, Root Is the Latest Insurtech Firm to Seek an IPO, Top Trump advisor Stephen Miller tests positive for coronavirus, Officials from FBI, Homeland Security, other federal agencies post 9-minute video to reassure voters on election integrity. In doing so, they either make the problems worse or destroy what little value there is in cryptocurrency.

Opinions expressed by Forbes Contributors are their own. You know, the ones with the flashy paint and the equally flashy price tag. Like the people at the Digital Currency Initiative at the much-revered Media Lab at MIT. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. 7 hours ago. Before graduating with honors from Harvard College, I wrote code for oil refinery optimization and the ARPA-net. On arrival, I get out. What about international payments? When it’s done, I get the card and a receipt and drive off. The buyer sends a payment directive to Currency Cloud, who then does a local transfer of the requested amount from its account in the target country to the vendor in that country. Digerati Technologies, Inc. is a holding company. Who knew? With a real national digital currency, a federal cryptocurrency, payments would be “faster, cheaper and more secure.”. All Rights Reserved, This is a BETA experience. All Rights Reserved.

I agree, we have cash.

The US dollar is indeed a national digital currency, with the added convenience of cards and cash.

Here’s a bill as printed in 1928 that simply declares that it’s $5,000: The last high-denomination bills were printed in 1945. Simple, applicable personal finance advice for the modern world. View the latest DTGI stock quote and chart on MSN Money. Here’s how to prepare – before 2020 comes to an end, Company Receives FCC Approval and Completes Quality of Earnings AuditsSAN ANTONIO, Texas, Sept. 16, 2020 (GLOBE NEWSWIRE) -- Digerati Technologies, Inc. (OTCQB: DTGI) ("Digerati" or the “Company”), a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the small to medium-sized business (“SMB”) market, is pleased to provide an update on its 4th acquisition and to its previously announced definitive agreement to acquire Miami-based Nexogy, Inc. (“Nexogy”), a leading provider of cloud communication and broadband solutions tailored for businesses. When people use that recently-coined term, they usually means something brand-new, a form of cryptocurrency. Intraday data delayed at least 15 minutes or per exchange requirements. © 2020 Verizon Media. Large inter-bank transfers were done without the exchange of cash; tightly controlled procedures were used to transfer “money” between bank ledgers before the advent of computers.

I started programming computers in high school. Wedding Invitation Etiquette: Should Kids Be Invited To Weddings? The wild-eyed “national digital currency” groupies prefer to ignore the fact – yes, it’s a fact – that the US dollar is a digital currency. Actually, it would be worse. As the network grows, each supported country has a larger number of companies both sending and receiving payments, so that a growing number of transfers can be done completely locally – only the net payment imbalance between countries needs to be settled by Currency Cloud between its own accounts, which it optimizes for minimum cost. The whiners will whine about what’s wrong with today’s US dollar. Digerati's gross profit also increased from $765,000 during the prior first quarter to $786,000 during the recent first quarter. Is it really chock-full of problems, as the crypto-groupies like to say? Digerati Technologies Expects to Report Improved Annual Revenue of $6.2 Million.

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