X Dealbreaker Search Banks Being a high-powered executive at a major global investment bank may seem like a charmed life.But after a while, multimillion-dollar compensation packages and 3,600-square-foot Central-Park-view apartments start to lose their luster.The world becomes a crushing bore whose only escape is deviance from the norm.The risky and the unpredictable provide the sole respite the steady drumbeat of the quotidian.And if you’re an economist, like Deutsche Bank’s David Folkerts-Landau, the last few years of meager global growth have left you wanting to feel something, anything.That’s when you reach for the Trump.At a dinner with journalists Monday, Folkerts-Landau enthused that under the Donald, the economy might shift into a higher gear.Reuters reports: “We will see a move from dogma to pragmatism,” David Folkerts-Landau said at a dinner with journalists on Monday, forecasting U.S.economic growth in 2018 would be more than double the 1.5 percent seen for 2016.

“While Trump introduces higher uncertainty, this is better than the near certainty of the continuation of a mediocre status quo,” Folkerts-Landau wrote in a presentation for the event in Deutsche Bank’s striking glass skyscraper, which is prominent on Frankfurt’s skyline.ethereum spreadThe promise of tax cuts and infrastructure spending – administered under “business men administration” – has “the potential of reigniting productivity growth and raising U.S.bitcoin jfkgrowth potential,” Folkerts-Landau said, meanwhile, in a note to clients.ethereum rivalHis estimates show U.S.bitcoin news coindeskgrowth roughly doubling over the next few years.bitcoin time to find block calculator

Even risks like a worldwide trade apocalypse are worth taking for a taste of that sweet, sweet growth.litecoin vs inrFrom CNBC: The analysis also takes a more optimistic view of Trump’s expected “America first” agenda when compared with other Wall Street views that have cited the danger of a potentially isolationist U.S.bitcoin zar chartthat starts trade wars with global competitors.bitcoin inventor“This approach should produce a new order that will ultimately be more stable in the sense that ‘good fences make good neighbors,'” Folkers-Landau said.ethereum the economist“However, we do note that the uncertainty about the Trump administration’s policies is still large, as is the reaction of those impacted by these policies.” Of course, Deutsche Bank’s interest in the Trump presidency isn’t all abstract.

The German lender is Trump’s top creditor, having participated in some $2.5 billion in loans to Trump entities and an additional $1 billion in loan commitments.Even if there’s a new president come 2020, Deutsche Bank won’t be getting off the Trump anytime soon.Let's make it official.Sign up for our newsletter.Well, if we leave the EU and the Pound plummets, there’s always Bitcoin,” a glum currency trader joked last week.“Assuming our computers still switch on after Brexit.” He was being facetious.But then the king of all currency speculators, George Soros, said this week that an “out” vote would trigger a more damaging fall in Sterling than the day he forced Britain out of the Exchange Rate Mechanism in 1992.So could Bitcoin be a “safe haven” asset for just that kind of situation?Only for the ultra-brave.The crytocurrency’s recent rally - in which it hit $780, a 28-month high - was broken yesterday by a drop of $100.However, Ethereum, the rising star of cryptocurrencies to Bitcoin’s grande dame, rebounded, following a sell-off in wake of an attack by thieves who exploited a software bug.

Volatility certainly keeps the Bitcoiners busy.According to Arthur Hayes, the co-founder of BITMex, a Bitcoin derivatives exchange: “[If] Britain flips the bird to the EU, expect a fire to ignite under Bitcoin.” But if every time you hear someone talk about virtual currencies, your mind goes blank, here’s your cut-out-and-keep guide to Bitcoin and the new contender, Ethereum.To adapt a not-at-all patronising line from L’Oreal, here comes the computer science bit, concentrate... EU Referendum polling day - in pictures EU Referendum polling day - in pictures Cocaine!That’s what the oldies thought the young were going to buy with their bitcoins (and also my desperate attempt to make it sound exciting).Three years ago, the virtual currency escaped the shadows when global attention fell on Silk Road, an online blackmarket where you could buy drugs using Bitcoin.Of course, you can use the currency for thousands of non-nefarious purchases too, from cupcakes to a Canadian goldmine.

There’s even a Church that accepts it.Bitcoin - the titan of the cryptocurrencies - was released in 2009 by an unknown genius, who goes by the name Satoshi Nakamoto.The idea isn’t intrinsically migraine-inducingly complex.It’s a virtual payment network, not unlike Paypal.Only Bitcoin has no owner: it’s a peer-to-peer set-up, with computers all over the world processing transactions and keeping a shared ledger (a “blockchain”).And it has its own currency - the bitcoin - the unit in which the network carries out transactions.How do you get bitcoins?There’s no Bitcoin version of the Bank of England, printing fiat money.Instead, the Bitcoin computers - which are known as “miners” - have computational races in which they can gain prizes in bitcoins.That rewards those who lend computing power.However, that prize keeps shrinking (it’ll halve next month), which limits the number of bitcoins that can ever be in circulation.And yes, if you’re clever, you could mine them - or you could just buy them using your bog-standard currency.

There are now ATMs that take cash and convert it into bitcoins.The first in the UK was - you guessed it - in Shoreditch.You can hide behind a pseudonym.No one’s in charge.For businesses, it’s an efficient way to accept payments - there’s no credit card firm skimming off two per cent.Well, you wouldn’t tell Grandma to bet her house on Bitcoin.It’s volatile, its value yoyo-ing day-to-day.There are worries around security - a chunk of financial malware attacks target the currency.Just this month, scammers tried to cheat bitcoiners by fraudulently asking for donations in the wake of the mass-killings in Orlando.Although venture capitalists have poured more than $1bn into Bitcoin start-ups, these are yet to break through into the mainstream.Who are the Bitcoiners?Techies with Mensa-IQs and libertarians who want financial privacy.The Queen looking irked: “Tried Bitcoin.Didn’t have my face on it.” What is it?Ethereum is like the Superman to Bitcoin’s Batman: it’s faster, it has a less dark back story and may eventually make its counterpart look rather impotent.

Either that, or it could mess things up Man of Steel-style.Some experts reckon Bitcoin and Ether don’t need to be rivals, though: they could coexist peacefully, with Ethereum riding on Bitcoin’s coattails (or, to extend this simile far too far, its cape).Ether is the unit for the Ethereum system.Like Bitcoin, the network can be used to make payments.But it can also create binding financial agreements (known as “smart contracts”) that are completely software-enforced - i.e.they put the lawyers out of work.That’s because once a programme is running, no one can stop it.As a result, there is a new entity called The DAO which has raised more than $150 million to support projects in the sharing economy.The simple explanation is that’s like a computerised venture capital fund that will pick investments based on investor votes.And it’s what was hacked this week, sparking the sell-off.How do you get your hands on Ether?A growing number of cryptocurrency exchanges - including the Bitcoin exchange Coinbase - now offer trading options.