San Diego Union-Tribune (Sunday)
Name that company
As the Federal Reserve begins to tighten monetary policy, riskier assets will look much less appealing. Cryptocurrencies clearly fall in that category. Their volatility diminishes their use as a stable store of value or medium of exchange. Their secrecy continues to foster illegal activity. Environmental concerns have also risen over their intensive electricity use. Central banks have pushed back and are likely to move to stablecoins, backed by national currencies, or their own digital currencies.
Point Loma Nazarene University
Cryptocurrency has garnered unwelcome attention from regulators and taxing authorities as they recognize that a small, but growing number of transactions are being used for illegal purposes, such as money laundering, tax evasion, fraud and outright theft. According to Chainalysis, illicit transactions totaled $14 billion in 2021, up 79 percent from $7.8 billion the previous year. The threat of greater government scrutiny and potential fraud may have diminished the appeal of transacting and investing in cryptocurrencies.
Scripps Health
I trace my roots back to the 1970 introduction at a weightlifting convention of exercise machines called Blue Monsters, with a key part shaped like a mollusk’s spiral shell. I was sold in 1986 to a guy who filed for bankruptcy protection in 1990. My expansion into medical equipment was unsuccessful.
Today, based in Vancouver, Wash., and with a market value recently near $185 million, my brands include Bowflex, Schwinn, JRNY and my own name. I sell elliptical machines, treadmills, recumbent and upright exercise bicycles, and more. I’ve been named a top place to work many times. Who am I?
Last week’s trivia answer: Siemens AG