Bitcoin criminals are constant challenge
By Del Quentin Wilber, Bloomberg April 8, 2014 • Reprints Attorney General Eric Holder said the U.S. Justice Department is working to keep pace with Bitcoin and other virtual currencies to short-circuit their use in buying and selling illegal goods…
Bitcoin, the organism: Jeff Garzik at TED at
After helping to inaugurate CNN.com on the Internet in the early 1990s, Garzik worked at a succession of Internet startups and service providers for over two decades, all while working on open source software engineering projects. Involvement in one…
Middle Class Extinction: 9 Of The Top 10 Occupations In US Pay An Average Of Less Than $35k A Year
When you break that down, that means that most of these workers are making less than $3,000 a month before taxes. And once you consider how we are being taxed into oblivion, things become even more frightening. Can you pay a mortgage and support…
Bitcoin Breaks the Fourth Wall of Liberty
The most pressing problem evangelical bitcoiners and libertarians face is one of communication. Occasionally on purpose, but more often by accident, they erect four walls and create a barrier between their world and the rest of the world. They struggle…
The DJIA Is a Hoax
The Dow Jones Industrial Average (DJIA) Index is the only stock market index that covers both the second and the third industrial revolution. Calculating share indexes such as the Dow Jones Industrial Average and showing this index in a historical…
Can Local Government Crypto-Currencies Help Tackle Poverty?
LOCAL GOVERNMENT CRYPTO-CURRENCY TO PAY VOLUNTEERS – If HullCoin can spark a new inclusive economy which creates gives poor people guaranteed material benefits (e.g. rent, tax and food) from poor people doing voluntary work, then the strategy should work in…
Bitcoin: The Democratization of Money
Bitcoin is commonly regarded as a truly democratic form of money. Interestingly enough, however, there seem to be various explanations supporting this characterization. Furthermore, at least one of these interpretations have caused some to doubt whether…
Open Intelligence Alert: GROWING POTENTIAL SECURITY THREAT?
As the Internet continues to expand in scope with potentially billions of access points, as technology such as the Internet of Things is rolled out, problems relating to the security of the infrastructure are only going to increase. There is…
Open Intelligence Alert: Trust is Not Just an Algorithm
According to the source, the Mt Gox debacle was not just a software glitch, but was the result of a systemic error. The article explains how the “Five Parties Model” (consisting of the Issuer, the Trustee, the Manager, the Operator and the…
Open Intelligence Alert – Lloyds of London Insured Bitcoin Savings
While this is the first company to offer Bitcoin insurance, it is definitely not the first company or firm in the world to provide encrypted cold storage and the like. In fact, American users will be relieved to know that…