WSJ Reports on the Megatrend of Decentralization
In May, 1787, delegates from the 13 states began arriving in Philadelphia to fix the Articles of Confederation, which had proven too weak to allow the national government to operate effectively. After the War for Independence, the states were all…
The Motley Fool Slams Bitcoin: A Response
It is always nice to see Bitcoin getting coverage in the mainstream press, especially when you keep in mind the old adage that there’s no such thing as bad press. To be sure, when people read reports of Bitcoin being…
Bitcoin BullBear Analysis: The Bitcoin Bearwhale
Analysis provided by Bitcoin BullBear. It has been a fascinating week for us technicians as the price action in bitcoinland has given us alot to chew on. Of course we must mention “bearwhale” seeing as though he unleashed the largest…
Bitcoin in Crisis or Bitcoin FOR Crisis
As Bitcoin takes its latest plunge to the floor, it’s really easy to get panicky or lose heart. As much as we tout the fundamentals of the protocol, merchant adoption, and opening of businesses making getting and using bitcoins easier…
Why Does Bitcoin Have Value?
First appeared on Investopedia Bitcoin was launched in 2009 as the world’s first decentralized, private digital currency. Because it has no physical denominations, Bitcoin only exists inside of an interlinked computer network system. This is not entirely unique, as much…
Bitcoin BullBear: Price Likely to Plunge Below 340 – A Long-term Buying Opportunity
Analysis provided by Bitcoin BullBear. Compared to the past month, the past week has been relatively mild in term of news flow and price action. We find this interesting given that when the good news was pouring in, prices were…
You’re Working More and Making Less
This post originally appeared on Mother Jones. We’ll be posting a new chart on the current state of income inequality every day for the next couple of weeks. Yesterday’s chart looked at the history of the 1 percent, from ancient Rome to…
The Economic Recovery for the 1%
Matthew Yglesias calls this chart, from Pavlina Tcherneva, an economist at the Levy Economic Institute at Bard College, “the most important chart about the American economy you’ll see this year.” It illustrates how much income gains those at the top have enjoyed during…
What is a Bitcoin ‘Hash’?
When trying to explain Bitcoin to people, one of the things that turns them off is the amount of jargon that they need to deal with – and the fact that a lot of that terminology doesn’t really mean what…
A Talk with Bitbank’s Emily Liu – Formerly of Mt. Gox
Watching the progress of Bitcoin over the last few months has been a funny thing: After the slew of hacks and thefts toward the end of 2013 culminating in the massive collapse of Mt. Gox, the price went into a…