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 …
Read More »Monthly Archives: August 2016
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 …
Read More »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 …
Read More »Bitcoin AKA Magic Internet Money
Most people who have heard of Bitcoin think Bitcoin is Magic Internet Money. In layman’s terms Bitcoin is a series of entries in a distributed ledger called the Blockchain. The entries in the ledger are secured through cryptography. Cryptography is also used to protect your online banking website. At a high level Bitcoin and your banking website security are similar. …
Read More »Book review: The Boy Plunger
The Boy Plunger is a biography of J.L. Livermore. J.L. Livermore (Jesse to those who didn’t know him) is the same person who is the subject of the seminal (no homo) investing tome Reminiscences of a Stock Operator. While Reminiscences was known to be loosely based on Livermore’s life, The Boy Plunger endeavors to be a historically accurate biography of one …
Read More »