Harvard professor on Curse of Cash

http://video.cnbc.com/gallery/?video=3000548776 Couple of interesting statements: There are 4,000 $100 bills in circulation for every man, woman and child in the US. In many foreign countries up to 90% of US bills are $100 denominations. Regarding Bitcoin he states “They allow it for now and they’ll prevent it in the future”. Other than outlawing Bitcoin, like FDR outlawed gold, that shows …

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Monero on a roll

Monero, the privacy focused cryptocurrency, punched the mustache off all bearshitters this past month going from $2.5 to ~$13.5 and it’s still running. Unlike Bitcoin, which keeps all transactions on a public ledger, Monero transactions are not traceable. Monero provides a layer of anonymity not available with other cryptocurrencies. The bump in Bitcoin from $575 to $600 may have been …

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$HUBS vs $CRM

In  the cagematch of the 800lb gorilla $CRM vs the upstart $HUBS I am keeping my eye on $HUBS. Hubspot released a CRM to complement their industry leading inbound marketing software. And then they made that CRM free. Smart, very smart. This move by HUBS is a 1+1 = 3 scenario. HUBS and CRM are not direct competitors in most …

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Bitcoin ready to pop, but which direction?

Bitcoin has been in a relatively stable range with a midpoint of $570. Within past few hours we’ve printed $597. A move of ~5% is not a big deal on the Bitcoin volatility scale but is this the start of an upside move, a bull trap or just a blip? Bitcoiners are watching closely. Overall Bitcoin has been in an uptrend …

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Brave Browser is tits

I downloaded the Brave Browser and I am impressed. Sites are loading faster than Chrome and all the annoying ads are gone. Brave also has a built in Bitcoin wallet to reward sites I visit most via micropayments. As an example, CNN is a pig of a site that takes 5-10 seconds to fully load in Chrome. That extra time …

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We’ve reached peak Facebook, YouTube etc.

Le Fly posted about YouTube blocking certain content creators. Reminds me of Twitter and Facebook “curating” their users’ newsfeeds. Should we be surprised? No. Absolute power corrupts absolutely. This type of subjective censorship won’t last on the Internet. There are now decentralized competitors popping up in many areas: Arcade City vs Uber, Steemit vs Reddit, YouTube vs ????. An example of …

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Bitcoin: not just for Neckbeards anymore

Bitcoin is easy to mock. With Kim Dotcom, Mike Tyson, Mike Karpeles, Winklevii and Roger Ver as public faces of Bitcoin it’s tempting to write Bitcoin off as a nerd money fad. However, things change quickly. Remember, only nerds used computers less than 20 years ago. Now everyone owns smartphones, tablets and 1-2 computers. The video below does a good job showing …

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Megaupload founder says buy Bitcoin

If you haven’t heard of Megaupload founder Kim Dotcom then hold on because you are in for a treat. His Wikipedia: Kim Dotcom (born Kim Schmitz; 21 January 1974), …. first rose to fame in Germany in the 1990s as a teenage internet entrepreneur. In 1994 he received a two-year suspended sentence for computer fraud and data espionage because he was underage, and …

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Arcade City to launch Sept 1st

Arcade City is a decentralized ride sharing service set to launch September 1st. It aims to compete with Uber and Lyft. What makes Arcade City different is that it’s goal is to have the Arcade City network be the service. Riders and drivers will connect via an app and all payments will be automated peer to peer. There will never …

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