Obama’s Chief Economist on Bitcoin: “Hahahaha. ROTFL.”

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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 [...]

Bitcoin’s Image Problem

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There’s been some drama recently over the removal of a few names from the list of potential interviewees posted at bitcoin.org. Despite being some of Bitcoin’s biggest proponents, Roger Ver and Jon Matonis are apparently too extreme to represent our fledgling currency to the media. But this latest act is just a symptom of a [...]

News Thieves: Am I Over-Reacting?

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The outright thievery of content is nothing new on the ‘net. Most of us remember the case of TheOatmeal vs FunnyJunk and its particularly humorous conclusion but sometimes the answers aren’t so cut-and dry. The legalities and specifics of various situations are hardly clear but it seems like the ethics should be. It’s also entirely possible [...]

Interview with Josh Harvey of StompRomp

Hank Green's Guitar

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 [...]

Will Draconian Controls Drive Bitcoin Adoption?

Money Control

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 [...]

More Weight – The Story of Giles Corey

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There are a lot of strange tales surrounding Salem, Massachusetts between 1692 and 1693: The now-infamous Salem witch trials. Even among all this insanity, one tale stands out above the rest: The strange death of 81-year-old Giles Corey. Giles Cory was, like most Americans at the time, a farmer, and a pretty successful one at [...]

On (Log-Normal? Lévy?) Distribution of Wealth

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In this post we explore the way wealth in the U.S. is actually distributed. We all assume normal distribution, but would log-normal or Lévy be a more accurate distribution?

The Pepper-Spray Cop Gets Digitally Pepper-Sprayed

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For those who aren’t yet aware, on Friday, November 18th, UC Davis police officer John Pike did something very stupid: He pepper sprayed a line of peaceful protesters holding a sit-in. No one rose up to strike him, no one was visibly armed and no one was behaving erratically or disruptively. It was a picture-perfect [...]

We Are All Criminals – or – Why I Hate Traffic Cops

There is not only a law but an entire segment of law enforcement which is making us all into criminals – Traffic law and traffic cops.

Sick and Lucky

So I haven’t posted anything over the past several days because I’ve been under the weather.More specifically I haven’t posted anything because I’ve been heavily medicated. Oh I’ve written a few posts, but thankfully I’ve got immediate publishing disabled and have been too doped up to remember to publish the terrible stuff I wrote. Now that [...]