One of the most productive trends I have witnessed in 2014 to-date, consists of the increasingly creative ways that activists around the world are fighting back against the status quo (Bitcoin stole the show in this regard last year). The first example of this emerged from within the Ukraine, where protestors are holding up mirrors … Read more
It’s extremely amusing to observe the welfare baby, bailout dependent, “Too Big to Jail,” parasitic legacy banking system squirm in the face of advancements in peer-to-peer financial technologies; whether they be Bitcoin, P2P lending or crowdfunding. It is becoming increasingly clear that humanity would do much better without this gigantic cancerous tumor on our backs, … Read more
Under the relentless thrust of accelerating over-population and increasing over-organization, and by means of ever more effective methods of mind-manipulation, the democracies will change their nature; the quaint old forms—elections, parliaments, Supreme Courts and all the rest—will remain. The underlying substance will be a new kind of non-violent totalitarianism. All the traditional names, all the … Read more
Earlier today, the Bitcoin news website Coindesk reported that BitPay is adding 1,000 new merchants per week, within an article highlighting the fact that private jet company PrivateFly had just teamed up with the payment processor to accept BTC for its charter flights. Just to put this into perspective and understand just how staggering this … Read more
If this is true, it is a stunning piece of news for the Bitcoin economy. According to the South China Morning Post, Asia’s richest man, Li Ka-shing has made an investment of an undisclosed amount in BTC payment processor Bitpay, a company I have highlighted on these pages on several occasions. From the South China Morning Post: … Read more
This is one of the most interesting Bitcoin-related videos I have ever watched, and I have watched plenty. Coinbase has been at the center of BTC news as of late after it became the recipient of the largest investment ever in the Bitcoin space when Andreessen Horowitz announced a $25 million capital infusion. I personally … Read more
The “Too Big Too Jail” nonsense that surrounds large U.S. banks and their above the law employees has been glaringly obvious and thoroughly documented for quite some time now. Yet what represents an even larger slap in the face to millions of hard-working, law-abiding citizens, is how relentlessly the “justice” system goes after small time … Read more
Rick Falkvinge is an interesting guy. The 41-year old Swede started the Pirate Party in 2006, and then five years later stated that he had put all of his savings into Bitcoin. He is currently focused on a concept for social change that revolves around something he calls “swarm intelligence,” and he recently spent 20 … Read more
It was only a matter of time before the success of Bitcoin led to a new attempt to create a digital currency backed by gold. It seems as if that day has now arrived. Douglas Jackson is the founder of e-gold, which was shut down by U.S. authorities a little over five years ago under accusations … Read more
The following article from The Economist is extremely telling about the macro world we live in on several different levels. First, it shows that the super wealthy are desperately concerned about not only the debasement of their national fiat currencies, but are also seriously concerned about appropriation of assets. Second, it exposes an interesting point related … Read more