I’ve been saying for a long LONG time now that education is past due for a serious overhaul, and Khan Academy has been the front-runner in the race for education’s future. For those not familiar, Khan Academy started out as a series of YouTube videos that one teacher did to help struggling kids in his [...]
The Chicago Booth School of Business is somewhat famous in certain circles for its surveys. They’ve got a hard-line to some of the most respected and influential economists of our era and when they take a poll it’s usually understood that what you’re looking at is the voice of some of the most prominent experts [...]
CNBC.com Senior Writer Jeff Cox recently wrote a scathing article entitled “Bitcoin Bubble: How ‘Geeks’ Sent Prices Parabolic” that attracted quite a few anti-Bitcoin remarks in the comments and had no shortage of such remarks in the article itself. Of course, like most hyperbolic bile-filled reviews on this topic, he didn’t even bother to do [...]
Well folks, Bitcoin has been toying with its previous record price of 31.9099 USD for days and this morning I woke up to a present surprise. The current market price at the time of this writing is $33.6399.
One common pet peeve of mine has always been merchants that either didn’t understand or simply refused to play by the acceptance rules for the credit cards they accepted. Back when I still used PayPal, I had retailers refuse my perfectly-valid MasterCard-logo-bearing debit card because it also had a PayPal logo – something they’re not [...]
Look out MtGox, Bitcoin-Central just beat you to one hell of a punch. While this may not mean a lot to my American readers, those of you across the pond in various parts of Europe will be excited to hear that popular European Bitcoin exchange Bitcoin-Central just became the first such exchange to be licensed [...]
I recently got the opportunity to interview Josh Harvey of StompRomp, a company that sells guitars, effects pedals and all variety of associated accessories for Bitcoin. The result looks less like an interview and more like a three-hour-long rambling conversation between two people with a fair amount in common. I’ll apologize in advance for the [...]
There’s been a lot of chatter lately about the block reward halving and the effect it will have on nearly every aspect of Bitcoin. The halving mechanism is a very important part of Bitcoin’s functionality, ensuring that over time the inflation rate decreases to zero and creating the hard cap of 21 million bitcoins that [...]
There has been a lot of chatter lately about an impending event that represents a drastic change in the world of Bitcoin: In about 3 days the block reward is going to be cut in half from 50 BTC to 25. While it’s immediately obvious that this has potentially severe implications for miners everywhere, there [...]
Once upon a time, money was something people spent a lot of time getting but not a lot of time considering the nature of. Our money was valuable – it was something we all just assumed and the world did nothing to make us question that assumption. Our money just plain worked. The times, they [...]
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