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Digital Currency

Coronavirus and Introduction of Digital Dollars in the USA Tensions continue to grow as the number of confirmed Coronavirus cases in the USA keep rising day by day, making it the new epicenter of this global pandemic. With over 100,000 cases, medical centers in major cities like New York City, Detroit, New Orleans have raised alarm regarding the scarcities of drugs, equipment, supplies and professionals.   With countries all over the world in lockdown and economies facing extreme uncertainty, the United States put forward an extremely ambitious welfare program, which will come true with the help of digital currency.   They’ve raised the possibility of introducing “digital dollar”, a method of doing payments digitally, proposed by Rashida Tlaib, and Nancy Pelosi. Per the draft, the following is the definition of a "digital dollar":A balance expressed as a dollar value consisting of digital ledger entries that are recorded as liabilities in the accounts of any Federal reserve bank; or An electronic unit of value, redeemable by an eligible financial institution (as determined by the Board of Governors of the Federal Reserve System).  These digital currencies will be kept in digital wallets, that are the accounts where you can store…

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Billboards cost?

How Much Does A Billboard Advertisement Cost? Advertising today has pivoted into many spectrums like affiliates, social media ads and other strange modern technology influenced mediums. But when we first think about the fundamentals of advertising our minds directly jump to newspaper ads and billboard advertisements. This is because unlike any other method today, billboards and newspaper ads are the oldest methods of advertisements.   These two methods are still going strong even in the age of screens and the internet, and all the other advertising methods we notice are simply derivatives of these two. Though there are plenty of ways you can advertise your product or service, nothing can beat the old but gold billboard method of advertisement.   But it is not always easy to get a hold of a billboard and simply advertise on it as we like. For starters, getting a billboard advertisement can be a tough job if you have not done the groundwork behind it. A billboard can cost you an average of $15000-$20000 in largely populated cities, whereas it could cost you up to $250 per month in small towns. The cost of a billboard depends on various factors like format, circulation, demographic,…

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Employee Owned Companies

Employee-Owned Business:  A Path into the Future In today’s capitalist world, with huge corporations in towering skyscrapers, there is nothing that the modern consumer cannot get. Capitalism has given us a choice and freedom, and jobs with relative security. But capitalism, like any other seemingly beautiful thing, has its ugly side. A side with exploitation and bureaucratic distance between corporate big shots and the ‘common’ employee.   We’d think that any attempt to bridge this gap would be futile and pointless. Is it possible to prioritize the integration of employees into the companies that they work alongside the overall well-being and prosperity of the company? Well, companies like Publix and Packard have taken steps to mend the gap by becoming Employee-Owned Companies.   An Employee Owned Company, better known as an Employee Stock Ownership Plan (ESOP), is a type of employee benefit plan that encourages employees to acquire stocks or ownership in the company.  ESOPs function in a reasonably straightforward way and are held accountable by certain strict rules to ensure that the ownership stakes are divided among employees fairly and equitably. In return, companies and their owners get a rather substantial tax incentive.   To become employee-owned, a company…

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