It looks like the NSA PRISM scandal will cost businesses in the US between $22~35 billion over the next few years. Big surprise. Would you
Category: Money
Consumers Are Not Job Creators
It’s rather annoying to hear the worst nonsense constantly paraded around like some kind of eternal truth. That “consumers are job creators” is some of
1 More Reason to Use Bitcoin – Feds Steal Mt. Gox Dwolla Funds
The irony here is simply sickening. The Feds have stolen funds from Mt. Gox’s Dwolla account. Don’t they see that what they are doing only
Foreign Policy’s Power Map
It is far from rare to see total BS in the media, but the following is a spectacularly skewed list. http://www.foreignpolicy.com/articles/2013/04/29/the_500_most_powerful_people_in_the_world For the sake of
Dear Mr. Paul Krugman, About Bitcoin…
Dear Mr. Paul Krugman, I read your recent piece about Adam Smith and bitcoin. http://krugman.blogs.nytimes.com/2013/04/12/adam-smith-hates-bitcoin/ Once again, it seems all roads in economics come down
Canadians Bullish on Bitcoin
Over the past while I’ve noticed disparities in prices in different bitcoin exchanges. In particular, the VirtEx exchange in Canada often trades at around 10%
Bitcoin Hit Piece After Bitcoin Hit Piece
Mainstream news is reporting hit piece after hit piece on BITCOIN. It’s a non-stop parade of pundits all coming out to scream the horrors of
Bitcoin Hit $100 USD
Well, Bitcoin just hit $100 in a big way. Massive buying with orders as large as 1,000 BTC and numerous orders filled in the hundreds
The Death Knells of Fractional Reserve Banking
The collapse is coming, and the signs are everywhere. http://mises.org/daily/6394/Cyprus-and-the-Unraveling-of-FractionalReserve-Banking The coils are unwinding, and people are getting cut. Is it any wonder that
Frackin’ Reserve! for Android
Frackin’ Reserve is now available for Android! In an effort to try and help educate people about the inevitable mathematical fraud of fractional reserve banking,
