AMA 92 - Editor of Stray Reflections - Jawad Mian

Today’s American Monetary Association program features the founder and editor of Stray Reflections, Jawad Mian, as a guest. He and host, Jason Hartman discuss the current and potential state of Dubai and the rest of the United Arab Emirates before moving on to consider some of the biggest consumer investment issues facing today’s society and looking at the future of bitcoin.                          Key Takeaways   05.00 – A lot of the developments and changes happening to Dubai are to provide the desired lifestyle for the growing expatriate community there. 08.00 – Each of the Emirates in the UAE has different societal structures which lead to a different overall feeling of the country. 15.00 – Tourism remains one of the largest and most profitable industries in the Middle East. 17.20 – Transportation and particularly transportation of goods or consumer items is one of the biggest draws in oil reserves. 18.30 – In some ways, bit-coin seems attractive as an alternative currency, but the FBI and the IRS’s insistence that it is taxable property definitely alters some people’s view of it. 22.00 – The volatility of bitcoin as a prospective currency makes it particularly unattractive to merchants. 25.30 – The alleged main aim of bitcoin is to have an economy free from the government, but in the event of any incidents occurring, the only way they could get out from it is with government assistance. 0 0 1 231 1317 Podfly Productions LLC 10 3 1545 14.0 Normal 0 false false false EN-GB JA X-NONE <w:LatentStyles DefLockedState="false" DefUnhideWhenUsed="true" DefSemiHidden="true" DefQFormat="false" DefPriority="99" LatentStyleCount="276"> <w:LsdException Locked="false" Priority="0" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Normal"/> <w:LsdException Locked="false" Priority="9" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="heading 1"/> <w:LsdException Locked="false" Priority="10" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Title"/> <w:LsdException Locked="false" Priority="11" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" 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