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Stock impact report

Cryptocurrency promoters say they’re helping humanity—but they’re just helping themselves [Toronto Globe and Mail (Ontario, Canada)]

Western Union Company (The) (WU) 
Last western union company (the) earnings: 2/11 04:05 pm Check Earnings Report
They call it the Crypto Castle. Situated in a swanky San Francisco neighbourhood, the three-storey house is hallowed ground for cryptocurrency entrepreneurs. It's home to about half a dozen permanent, mostly male residents, plus guests, and it's often described as a ''commune'' for 20-something savants looking to make their mark in tech. Furnished with bunk beds and brimming with booze, it has also earned a reputation as a frat house where digital currency devotees and their hangers-on party as hard as they work. Many of the denizens are bitcoin millionaires, but they say getting filthy rich isn't their main goal. They prefer to think of themselves as social activists on a mission to help the poor by using tech for good. To hear them tell it, cryptocurrencies are the solution to the world's income inequality problem, especially in developing countries. ''I saw this as a way that you could give an immigrant from Kenya a means to send money back to their family without givin Show less Read more
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