Blog

Archive for the ‘economics’ category

Jan 26, 2015

Coinbase releases first licensed US Bitcoin exchange; Winklevoss twins gear up to do the same

Posted by in categories: bitcoin, cryptocurrencies, economics, futurism, innovation
Lifeboat

Armstrong and the Winklevoss twins have promising visions in securing Bitcoin exchange.

Bitcoin exchange Coinbase has brought innovation to the next level by opening the first ever licensed US Bitcoin exchange. Backed by $106 million from the New York Stock Exchange, banks, and venture-capital firms, Coinbase’s newly launched US exchange, said to be named Lunar, will provide greater security features; so as not to repeat the mistakes of Mt. Gox and Bitstamp, the former of which declared bankruptcy last year while the latter has sustained hacking attacks and is now back in the game.

Coinbase has already acquired licenses from 50% of the states in the country, which includes New York. The remaining 50% is still in the works and is necessary to complete to be able to provide full nationwide services. Also, Coinbase does not only look at expanding nationwide, it also looks at expanding worldwide in offering their Bitcoin-related services.

Of this plan, Coinbase CEO Brian Armstrong said: “Our goal is to become the world’s largest exchange”.

Continue reading “Coinbase releases first licensed US Bitcoin exchange; Winklevoss twins gear up to do the same” »


Jan 25, 2015

Bitcoin Will End the Nation State

Posted by in categories: bitcoin, disruptive technology, economics, geopolitics

Everything you’ve come to know about pensions, social welfare programs, and nationality as an ideology, will be obliterated by the implications of bitcoin.

Read the full article on Diginomics.

Jan 22, 2015

How Technology Behind Bitcoin Could Transform Accounting As We Know It

Posted by in categories: bitcoin, complex systems, computing, cryptocurrencies, disruptive technology, economics, finance, governance

Quoted: “We’re not there yet, but in less than 10 years, I believe that the technology behind bitcoin will transform the accounting profession entirely. What is this technology? The blockchain. Let me set the scene by going over a few bitcoin related concepts before explaining why I think that the accounting profession will undergo a major disruption in the coming years.”

Read the article here > http://www.techvibes.com/blog/how-technology-behind-bitcoin-.….;01-22

Jan 19, 2015

Bitcoins and Google Glass: Are They Heading For the Same Direction?

Posted by in categories: bitcoin, business, computing, cryptocurrencies, economics, engineering, entertainment, futurism, mobile phones, physics, robotics/AI, science

lifeboat-minFrom Innovation to Oblivion…

The ups and downs of Bitcoin as an internet currency may be compared to the eventual demise of Google Glass due to its lack of purpose among consumers. While it does not significantly hold true for bitcoins, which apparently have a more supportive and enthusiastic followers, the path that these two have taken and will take may be substantially similar than we like to admit.

For one, Bitcoin’s staggering price decline in the recent days left some people wondering what road it will eventually take in the near future. Is it only taking a detour or is it bound for a dead end?

In the case of Google Glass, it received much attention during its inception a few years ago. It was even named by Time magazine one of the best innovations of 2012. However, despite the ingenuity behind a supposed-to-be groundbreaking invention, Google Glass lacked a tangible sense, its purpose incoherent.

Continue reading “Bitcoins and Google Glass: Are They Heading For the Same Direction?” »


Jan 17, 2015

IBM Reveals Proof of Concept for Blockchain-Powered Internet of Things

Posted by in categories: big data, business, complex systems, computing, cryptocurrencies, disruptive technology, economics, futurism, information science, open access, open source, strategy

Quoted: “IBM has unveiled its proof of concept for ADEPT, a system developed in partnership with Samsung that uses elements of bitcoin’s underlying design to build a distributed network of devices – a decentralized Internet of Things. The ADEPT concept, or Autonomous Decentralized Peer-to-Peer Telemetry, taps blockchains to provide the backbone of the system, utilizing a mix of proof-of-work and proof-of-stake to secure transactions.”

Read the article here > http://www.coindesk.com/ibm-reveals-proof-concept-blockchain.….et-things/

Jan 9, 2015

Internet of Coins Releases Whitepaper For Infrastructure To Connect Entire Bitcoin And Cryptocurrency Ecosystem

Posted by in categories: complex systems, computing, cryptocurrencies, disruptive technology, economics, finance, internet

Quote: ” Internet of Coins strives to create a decentralized, self-sustaining economy by implementing intersystemic connectivity sustained by a hybrid P2P meta-network. The system will help to leverage each of its participant’s strength in numbers hence supporting both the stability of alt coins and the cryptocurrency community as a whole. Internet of Coins had an official Whitepaper launch party on the 3rd of January at the Bitcoin Embassy Amsterdam. The Whitepaper is available for download on http://internetofcoins.org. Internet of Coins has partnered-up with security oriented cryptoexchange and service provider Bitalo since November of last year for continuous development and funding of the project. The open source system will soon be released for non-commercial purposes and be easily accessible to the public; supporting continuous decentralization and empowering the cryptocurrency ecosystem to evolve.”

Read the article here > http://www.baystreet.ca/viewarticle.aspx?id=424703

Jan 7, 2015

GM Overcoming Toyota & Ford Surmounting Honda, Unfailingly, For Life! By Mr. Andres Agostini

Posted by in categories: business, complex systems, driverless cars, economics, education, energy, engineering, finance, futurism, hardware, innovation, military, physics, science, singularity, strategy

GM Overcoming Toyota & Ford Surmounting Honda, Unfailingly, For Life!

00000000 400 dpi  LBF

FIRST

The reason why Japanese automotive industry beat the U.S. car-makers is because, to them, it is an outright existential world to win and in the process spread a sense of Japanese exceptionalism.

They are fighting a most-lucrative World War merciless!

Continue reading “GM Overcoming Toyota & Ford Surmounting Honda, Unfailingly, For Life! By Mr. Andres Agostini” »


Jan 7, 2015

CROSS-FUNCTIONAL AWAKEN, YET CONDITIONALIZED CONSCIOUSNESS AS PER NON-GIRLIE U.S. HARD ROCKET SCIENTISTS! By Mr. Andres Agostini

Posted by in categories: business, complex systems, defense, disruptive technology, economics, education, engineering, ethics, existential risks, finance, futurism, innovation, physics, science, security, strategy

CROSS-FUNCTIONAL AWAKEN, YET CONDITIONALIZED CONSCIOUSNESS AS PER NON-GIRLIE U.S. HARD ROCKET SCIENTISTS!

0000  GIRLY SUPER OVERMAN

(Excerpted from the White Swan Book)

Sequential and Progressive Tidbits as Follows:

Continue reading “CROSS-FUNCTIONAL AWAKEN, YET CONDITIONALIZED CONSCIOUSNESS AS PER NON-GIRLIE U.S. HARD ROCKET SCIENTISTS! By Mr. Andres Agostini” »


Jan 6, 2015

SIMPLICITY DEATH! By Mr. Andres Agostini

Posted by in categories: business, complex systems, computing, counterterrorism, defense, disruptive technology, economics, education, engineering, existential risks, futurism, geopolitics, governance, innovation, physics, science, security, singularity, strategy

SIMPLICITY DEATH! By Mr. Andres Agostini

CORNUSCOPIA  400

(PLEASE PAY ATTENTION TO THIS SUBJECT MATTER AS IT WOULD BE AMPLIFIED IN FUTURE NEW ARTICLES UNDER THE SAME TITLE).

I will give you some considerations excerpted from the White Swan book ( ASIN: B00KMY0DLK ) to show that Simplicity, via Technological, Social, Political, Geopolitical, and Economic Changes, is OUTRIGHT OBSOLETE and there is now ONLY: COMPLEXITY AND THE POWER OF COMPLEXITY.

THEREFORE:

Continue reading “SIMPLICITY DEATH! By Mr. Andres Agostini” »


Jan 6, 2015

Bitcoin’s Plummeting Crash and How it Affects Altcoins

Posted by in categories: bitcoin, business, cryptocurrencies, economics, finance

Bitcoin Price Crash

The volatile nature of bitcoins took its toll as recent turn of events saw the value plunging down to $274 as of this writing. CoinDesk Bitcoin Price Index reported that while it opened to $314.59 last Saturday, it was followed by a staggering $263.63 the next day.

The remarkable price drop got everyone talking and while it instigated worries among market watchers, some focused on its bright side, deeming it the perfect opportunity for buying. However, the question still lies out in the open unanswered. What caused the steep crash?

Theories suggest that it may have something to do with margin calls, which if accurate, already did something of this nature sometime in August last year. The holiday season is another factor that may have had affected the value of bitcoins inadvertently. This was the season where exchanges were few with all the banks closed, disabling traders from filling up their cryptocurrency accounts.

Continue reading “Bitcoin’s Plummeting Crash and How it Affects Altcoins” »


Page 1 of 2112345678Last