search results for money
As a corporate business insider I can offer a perspective from the "enemy's" den. Many people agree that this movement has gained momentum and has the potential to become as big or bigger than the Tea Party Movement. I grew up in the same generation as many of those protesting today and I understand the innuendo behind Anonymous, I understand point being made by the zombies, and I understand what general sense of anger is meant for. However, keep in mind that you are generally a younger generation trying to speak to an industry dominated mostly by an older generation of people. To these people this movement appears random, chaotic, and annoying simply because they don't even know what this movement's demands or goals are. Indeed for almost all of September I don't think Wall Street even understood exactly what they were protesting, and just recently have they gotten some kind of vague idea as to what these people want done. Most people relate these types of sit-in's to hippies from their generation and view them as more of an unorganized annoyance. To my friends who I work with in NYC, comments I hear from them are to this effect (I am summarizing several people's opinions as one): "It's just stupid, they block traffic and cause trouble nearby. We have to exit buildings from completely the opposite side now just to avoid them if we're wearing a suit regardless of our purpose. No one is there during the day but all of a sudden they pop up during rush hour. They wreck local businesses and drive customers away. The corporations they protest are unaffected but the small businesses nearby are the ones they are actually hurting. We don't even know what they want."
My bosses have gone to meetings with Bernanke and Geithner it is unclear still whether these protests will actually have any influence over policy. At an executive level they still appear confused as to how to handle situation, mostly because they do not understand it. But understand this, from their perspective they have changed the following: In terms of big banks, their balance sheets have been improved light years beyond where they were in 2008 with more liquidity and more capital on hand to prevent these types of shocks to the system. They have repaid any tax dollars received and are often significantly more efficient at implementing change than the government is in making up it's mind on what to do. The majority of issues occurs because of the indecisiveness in Washington. Think about these issues: 12 people are tasked with cutting $1.7 Trillion in the next 5 weeks -- The only way that is going to happen is if they cut large dollar programs. That means Healthcare, medicare, social security, and of course military but that is even less politically viable than the other three. There is also gridlock on what will happen with the tax system in the future. Those main issues where indecisiveness has been are also some of the largest possible expenses a corporation could have. How do plan for variable expenses that could go up or down by 50% in EITHER direction? Corporations have no idea how to plan for healthcare, medicare, or social security plans for their employees because there is no decisiveness on what will occur in the future. They do not want to hire people that they cannot afford to keep a year later because of law changes. So even if they have the money for it now (which they do), they are unable to hire because of the risk of causing liquidity issues later and the massive negative PR associated with hiring and then firing. These banks also receive criticism for not lending money out, but this is not their fault. They ARE lending money out, but there is no demand. It is not supply side issues, there is plenty of money out there to be had. You can get a loan today no problem, don't believe me? Go try it at any bank you want. There is just no one who wants to take a loan. So all that free capital that we spent 3 years trying to push into banks is now stuck there.
This issue is not business related anymore. It is purely political. My above statements are not to absolve corporations of responsibility in 2008, but they are more to explain the current situation here and now. Europe is a whole other book to write about another time.
In a world where politicians and talking heads can call the greatest capitalist of our time Warren Buffett a socialist, and get away with it as "news" is the real issue at hand.
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Money is not wealth; it is only an accounting of available economic energy. A money based directly upon energy, therefore, is a pure analog.
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Haven't had a chance to listen but curious how you are going to make money.
I'm not talking about making crazy money but to feed yourself and employees.
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500$ = 1 bitcoin ; looks like matrix money which does not exist physically. Who is going to take the risk buying it😜. Legitimate or not who is to decide. Can this go lehman brothers way then money vanishes into thin air???
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RT @
martindale: Money is not wealth; it is only an accounting of available economic energy. A money based directly upon energy, therefore, …
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I'd add that our monetary system is utterly corrupt by design. You work for money, but you do not own what you traded your labor for. There is no capitalism because money printers can dismiss the price system at will from the inside. Price signals are created at the will of the planners and not by the needs of the people.
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+Rob Colbert when I have the time i don't have the money and when I have the money i don't have the time :)
actually breaking that vicious cycle, I have some stuff coming in this week and hopefully it will make a technological splash.
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2013 was an amazing year; between founding
+Coursefork, building
soundtrack.io and
para.io, working with several amazing startups [1], and being allowed to call myself a peer to some of the smartest people I know all throughout, it has been a year of both great achievement and personal growth. This sets an incredibly compelling stage for 2014 and everything to come therein.
Today, I'm excited to announce that I'll be joining the likes of Jeff Garzik [2], Patrick Nagurny, and Ian Patton under the leadership of CTO Stephen Pair at
+Bitpay, which allows anyone to quickly and seamlessly accept Bitcoin as payment, settling immediately in any currency, including USD.
Bitcoin has become one of the biggest stories of 2013, having grown over 9000% in value [3] and even surpassing Western Union in transaction volume [4]. As potentially the most counterfeit-proof form of payment in history, Bitcoin is poised to become one of the most disruptive technologies since the invention of the Internet as society moves increasingly into decentralized systems in an era of waning trust and increasing technological awareness by growing economies like China, India, and Brazil [5].
Taking advantage of this trend of decentralization, BitPay is perfectly positioned to serve as the mechanism for BitCoin's mass-adoption as massive merchants such as
+Overstock.com move to accept this new form of payment. It's exciting to be involved with a company in this position at such an early stage, and expand the breadth of my experience to include another decentralized system, and
especially to be holding the responsibility of expanding the company's open-source initiatives and engaging the developer community in a meaningful way.
After parting ways with Coursefork late last year, I've taken a seat on the Board of Advisors, allowing the amazing team we built to realize the vision of open-sourcing the world of education [6] under the leadership of CTO
+Brian Marks. Brian was previously the CTO of successful education startup WebAssign [7], and will be an excellent steward of Coursefork's team and technology as they move towards the much-needed decentralization and open-sourcing of the education industry. My best wishes to the team as they endeavor to do so!
Exciting times all around, and I'm truly lucky to be a part of it in so many ways. Now let's go make the world a better place.
[1]: One of which, DigaForce, was just acquired:
http://www.bizjournals.com/triangle/news/2014/01/02/apex-tech-firm-strategic-link-partners.html?page=all — congratulations to
+Anthony Pompliano and
+Matthew Cotter!
[2]: Jeff is one of the core developers of Bitcoin and a former
+Red Hat team member from Raleigh. How's that for the Triangle Company Family tree,
+Derrick Minor?!
[3]:
http://www.theblaze.com/stories/2013/11/29/which-currency-is-up-over-9000-this-year-and-sells-for-almost-as-much-as-an-ounce-of-gold/[4]:
http://www.businessinsider.com/bitcoin-can-be-the-new-western-union-2013-12[5]: You might recall that in March of 2013, the Cypriot government restricted withdrawals and then utilized citizens' bank accounts
directly to bail out their banking system, resulting in a surge in Bitcoin prices as individuals fled the fiat currency:
http://money.cnn.com/2013/03/28/investing/bitcoin-cyprus/[6]: Here's an interview I did while CTO of Coursefork with
+Jason Hibbets from
+Opensource.com that explains the vision:
http://opensource.com/education/13/9/coursefork-education-tool[7]: As a cofounder and CTO at WebAssign for 13 years, Brian took the education company from zero to over $30M in yearly revenue before becoming my co-founder at Coursefork.
Attachments
Stephen Pair: BitCoin Economy
Stephen Pair, Cofounder and CTO, BitPay on doing business in the BitCoin economy.
Replies are automatically detected from social media, including Twitter, Facebook, and Google+. To add a comment, include a direct link to this post in your message and it'll show up here within a few minutes.
Onward, and Ever Upward2013 was an amazing year; between founding
+Coursefork, building
soundtrack.io and
para.io, working with several amazing startups [1], and being allowed to call myself a peer to some of the smartest people I know all throughout, it has been a year of both great achievement and personal growth. This sets an incredibly compelling stage for 2014 and everything to come therein.
Today, I'm excited to announce that I'll be joining the likes of Jeff Garzik [2], Patrick Nagurny, and Ian Patton under the leadership of CTO Stephen Pair at
+Bitpay, which allows anyone to quickly and seamlessly accept Bitcoin as payment, settling immediately in any currency, including USD.
Bitcoin has become one of the biggest stories of 2013, having grown over 9000% in value [3] and even surpassing Western Union in transaction volume [4]. As potentially the most counterfeit-proof form of payment in history, Bitcoin is poised to become one of the most disruptive technologies since the invention of the Internet as society moves increasingly into decentralized systems in an era of waning trust and increasing technological awareness by growing economies like China, India, and Brazil [5].
Taking advantage of this trend of decentralization, BitPay is perfectly positioned to serve as the mechanism for BitCoin's mass-adoption as massive merchants such as
+Overstock.com move to accept this new form of payment. It's exciting to be involved with a company in this position at such an early stage, and expand the breadth of my experience to include another decentralized system, and
especially to be holding the responsibility of expanding the company's open-source initiatives and engaging the developer community in a meaningful way.
After parting ways with Coursefork late last year, I've taken a seat on the Board of Advisors, allowing the amazing team we built to realize the vision of open-sourcing the world of education [6] under the leadership of CTO
+Brian Marks. Brian was previously the CTO of successful education startup WebAssign [7], and will be an excellent steward of Coursefork's team and technology as they move towards the much-needed decentralization and open-sourcing of the education industry. My best wishes to the team as they endeavor to do so!
Exciting times all around, and I'm truly lucky to be a part of it in so many ways. Now let's go make the world a better place.
[1]: One of which, DigaForce, was just acquired:
http://www.bizjournals.com/triangle/news/2014/01/02/apex-tech-firm-strategic-link-partners.html?page=all — congratulations to
+Anthony Pompliano and
+Matthew Cotter!
[2]: Jeff is one of the core developers of Bitcoin and a former
+Red Hat team member from Raleigh. How's that for the Triangle Company Family tree,
+Derrick Minor?!
[3]:
http://www.theblaze.com/stories/2013/11/29/which-currency-is-up-over-9000-this-year-and-sells-for-almost-as-much-as-an-ounce-of-gold/[4]:
http://www.businessinsider.com/bitcoin-can-be-the-new-western-union-2013-12[5]: You might recall that in March of 2013, the Cypriot government restricted withdrawals and then utilized citizens' bank accounts
directly to bail out their banking system, resulting in a surge in Bitcoin prices as individuals fled the fiat currency:
http://money.cnn.com/2013/03/28/investing/bitcoin-cyprus/[6]: Here's an interview I did while CTO of Coursefork with
+Jason Hibbets from
+Opensource.com that explains the vision:
http://opensource.com/education/13/9/coursefork-education-tool[7]: As a cofounder and CTO at WebAssign for 13 years, Brian took the education company from zero to over $30M in yearly revenue before becoming my co-founder at Coursefork.
Attachments
Stephen Pair: BitCoin Economy
Stephen Pair, Cofounder and CTO, BitPay on doing business in the BitCoin economy.
Replies are automatically detected from social media, including Twitter, Facebook, and Google+. To add a comment, include a direct link to this post in your message and it'll show up here within a few minutes.
Onward, and Ever Upward2013 was an amazing year; between founding
+Coursefork, building
soundtrack.io and
para.io, working with several amazing startups [1], and being allowed to call myself a peer to some of the smartest people I know all throughout, it has been a year of both great achievement and personal growth. This sets an incredibly compelling stage for 2014 and everything to come therein.
Today, I'm excited to announce that I'll be joining the likes of Jeff Garzik [2], Patrick Nagurny, and Ian Patton under the leadership of CTO Stephen Pair at
+Bitpay, which allows anyone to quickly and seamlessly accept Bitcoin as payment, settling immediately in any currency, including USD.
Bitcoin has become one of the biggest stories of 2013, having grown over 9000% in value [3] and even surpassing Western Union in transaction volume [4]. As potentially the most counterfeit-proof form of payment in history, Bitcoin is poised to become one of the most disruptive technologies since the invention of the Internet as society moves increasingly into decentralized systems in an era of waning trust and increasing technological awareness by growing economies like China, India, and Brazil [5].
Taking advantage of this trend of decentralization, BitPay is perfectly positioned to serve as the mechanism for BitCoin's mass-adoption as massive merchants such as
+Overstock.com move to accept this new form of payment. It's exciting to be involved with a company in this position at such an early stage, and expand the breadth of my experience to include another decentralized system, and
especially to be holding the responsibility of expanding the company's open-source initiatives and engaging the developer community in a meaningful way.
After parting ways with Coursefork late last year, I've taken a seat on the Board of Advisors, allowing the amazing team we built to realize the vision of open-sourcing the world of education [6] under the leadership of CTO
+Brian Marks. Brian was previously the CTO of successful education startup WebAssign [7], and will be an excellent steward of Coursefork's team and technology as they move towards the much-needed decentralization and open-sourcing of the education industry. My best wishes to the team as they endeavor to do so!
Exciting times all around, and I'm truly lucky to be a part of it in so many ways. Now let's go make the world a better place.
[1]: One of which, DigaForce, was just acquired:
http://www.bizjournals.com/triangle/news/2014/01/02/apex-tech-firm-strategic-link-partners.html?page=all — congratulations to
+Anthony Pompliano and
+Matthew Cotter!
[2]: Jeff is one of the core developers of Bitcoin and a former
+Red Hat team member from Raleigh. How's that for the Triangle Company Family tree,
+Derrick Minor?!
[3]:
http://www.theblaze.com/stories/2013/11/29/which-currency-is-up-over-9000-this-year-and-sells-for-almost-as-much-as-an-ounce-of-gold/[4]:
http://www.businessinsider.com/bitcoin-can-be-the-new-western-union-2013-12[5]: You might recall that in March of 2013, the Cypriot government restricted withdrawals and then utilized citizens' bank accounts
directly to bail out their banking system, resulting in a surge in Bitcoin prices as individuals fled the fiat currency:
http://money.cnn.com/2013/03/28/investing/bitcoin-cyprus/[6]: Here's an interview I did while CTO of Coursefork with
+Jason Hibbets from
+Opensource.com that explains the vision:
http://opensource.com/education/13/9/coursefork-education-tool[7]: As a cofounder and CTO at WebAssign for 13 years, Brian took the education company from zero to over $30M in yearly revenue before becoming my co-founder at Coursefork.
Attachments
Stephen Pair: BitCoin Economy
Stephen Pair, Cofounder and CTO, BitPay on doing business in the BitCoin economy.
Replies are automatically detected from social media, including Twitter, Facebook, and Google+. To add a comment, include a direct link to this post in your message and it'll show up here within a few minutes.
Onward, and Ever Upward2013 was an amazing year; between founding
+Coursefork, building
soundtrack.io and
para.io, working with several amazing startups [1], and being allowed to call myself a peer to some of the smartest people I know all throughout, it has been a year of both great achievement and personal growth. This sets an incredibly compelling stage for 2014 and everything to come therein.
Today, I'm excited to announce that I'll be joining the likes of Jeff Garzik [2], Patrick Nagurny, and Ian Patton under the leadership of CTO Stephen Pair at
+Bitpay, which allows anyone to quickly and seamlessly accept Bitcoin as payment, settling immediately in any currency, including USD.
Bitcoin has become one of the biggest stories of 2013, having grown over 9000% in value [3] and even surpassing Western Union in transaction volume [4]. As potentially the most counterfeit-proof form of payment in history, Bitcoin is poised to become one of the most disruptive technologies since the invention of the Internet as society moves increasingly into decentralized systems in an era of waning trust and increasing technological awareness by growing economies like China, India, and Brazil [5].
Taking advantage of this trend of decentralization, BitPay is perfectly positioned to serve as the mechanism for BitCoin's mass-adoption as massive merchants such as
+Overstock.com move to accept this new form of payment. It's exciting to be involved with a company in this position at such an early stage, and expand the breadth of my experience to include another decentralized system, and
especially to be holding the responsibility of expanding the company's open-source initiatives and engaging the developer community in a meaningful way.
After parting ways with Coursefork late last year, I've taken a seat on the Board of Advisors, allowing the amazing team we built to realize the vision of open-sourcing the world of education [6] under the leadership of CTO
+Brian Marks. Brian was previously the CTO of successful education startup WebAssign [7], and will be an excellent steward of Coursefork's team and technology as they move towards the much-needed decentralization and open-sourcing of the education industry. My best wishes to the team as they endeavor to do so!
Exciting times all around, and I'm truly lucky to be a part of it in so many ways. Now let's go make the world a better place.
[1]: One of which, DigaForce, was just acquired:
http://www.bizjournals.com/triangle/news/2014/01/02/apex-tech-firm-strategic-link-partners.html?page=all — congratulations to
+Anthony Pompliano and
+Matthew Cotter!
[2]: Jeff is one of the core developers of Bitcoin and a former
+Red Hat team member from Raleigh. How's that for the Triangle Company Family tree,
+Derrick Minor?!
[3]:
http://www.theblaze.com/stories/2013/11/29/which-currency-is-up-over-9000-this-year-and-sells-for-almost-as-much-as-an-ounce-of-gold/[4]:
http://www.businessinsider.com/bitcoin-can-be-the-new-western-union-2013-12[5]: You might recall that in March of 2013, the Cypriot government restricted withdrawals and then utilized citizens' bank accounts
directly to bail out their banking system, resulting in a surge in Bitcoin prices as individuals fled the fiat currency:
http://money.cnn.com/2013/03/28/investing/bitcoin-cyprus/[6]: Here's an interview I did while CTO of Coursefork with
+Jason Hibbets from
+Opensource.com that explains the vision:
http://opensource.com/education/13/9/coursefork-education-tool[7]: As a cofounder and CTO at WebAssign for 13 years, Brian took the education company from zero to over $30M in yearly revenue before becoming my co-founder at Coursefork.
Attachments
Stephen Pair: BitCoin Economy
Stephen Pair, Cofounder and CTO, BitPay on doing business in the BitCoin economy.
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Money is already a fiction. Bitcoins are comic books.
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The real fight, against regulatory overreach, begins now. Bitcoin is about the separation of Money and State, disintermediation in finance.
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Bitcoin's blockchain forms a trust anchor, free from the burdens imposed by governments, banks, and other centralized institutions in money.
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Is this a heads up? Grow your food in your backyard? Perhaps unavoidable if we stick to our current concept of money. That probably needs to change.
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We're live with Torsten Hoffmann, director of
#Bitcoin: The End of Money As We Know It, in 10 minutes! Watch here...
Attachments
plus.google.com/events/ceh1prc…
plus.google.com/events/ceh1prc…
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After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay.
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: The real fight, against regulatory overreach, begins now. Bitcoin is about the separation of Money and State, disintermedi…
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RT @
martindale: The real fight, against regulatory overreach, begins now. Bitcoin is about the separation of Money and State, disintermedi…
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RT @
martindale: The real fight, against regulatory overreach, begins now. Bitcoin is about the separation of Money and State, disintermedi…
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I'm growing a mustache this month for Movember and raising money through your donations to help support awareness for men's health. If you have a spare dollar or ten, my friends and I would really appreciate your donation. If you can't donate anything, help us out by spreading the word!
Attachments
Movember United States
Movember, the month formerly known as November, is a moustache growing charity event held during November each year that raises funds and awareness for men's health.
movember.com/us/donate/paym…
movember.com/us/donate/paym…
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“Good behavior is good ‘politics,’ which is something this non-political money needs.” – @
Jim_Harper, presciently in
Attachments
cato.org/blog/politics-…
cato.org/blog/politics-…
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One thing nobody is mentioning here is value stability. Bitcoin's value jumps up and down all over the place. Let's say you accept a payment in bitcoin for X and your margin is 5%. The value of bitcoin then drops 10%. At this point you have lost money. Businesses should be very uncomfortable with bitcoin.
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RT @
martindale: We're live with Torsten Hoffmann, director of
#Bitcoin: The End of Money As We Know It, in 10 minutes! Watch here... https:
Attachments
plus.google.com/events/ceh1prc…
plus.google.com/events/ceh1prc…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
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plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
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plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
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plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: After a few years of championing Bitcoin as the Internet of money, I'm excited to announce that I'm joining @
bitpay. https:
Attachments
plus.google.com/11235321040410…
plus.google.com/11235321040410…
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RT @
martindale: “Good behavior is good ‘politics,’ which is something this non-political money needs.” – @
Jim_Harper, presciently in https:
Attachments
cato.org/blog/politics-…
cato.org/blog/politics-…
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RT @
martindale: “Good behavior is good ‘politics,’ which is something this non-political money needs.” – @
Jim_Harper, presciently in https:
Attachments
cato.org/blog/politics-…
cato.org/blog/politics-…
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This is pretty awesome,
+Eric Martindale :) As a born advocate of voluntary generosity...I can appreciate KIVA and all it stands for. My goal this year? To spent more time doing stuff for people who need it.
PS - I have more time to donate than money, lately; I guess I should be a charity :P Christmas, plus NYC HIRL are gonna be the death of my wallet.
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Because bitcoin is environmentally damaging. It relies wasting on immense amounts of cpu cycles, and thus energy.
Because it's a fixed money supply, which carries a lot of economic problems. (There's a reason a lot of libertarians love bitcoin - it's essentially the gold standard, rehashed)
Not to mention its technical flaws - sybil attacks, an ever-growing ledger that is becoming unmanageably large, amongst others.
Bitcoin is a great idea, but it's a prototype for a digital currency.
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I just bought a subscription to the Google Calendar/Microsoft Outlook/Windows Mobile syncing tool, OggSync. It's going to allow me to (finally) sync Google Calendar, my phone's calendar, and my Outlook Calendar. Isn't that hawt?
It's $29.99 per year, and after resolving an issue or two of duplicate events - it's well worth the money.
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http://www.snopes.com/quotes/jefferson/banks.asp“And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.” - Jefferson’s letter to John Taylor, May 28, 1816
So, yeah, it’s not a direct quote...but pretty damn close. And
+Ian D., I’m really sorry you are too lazy to do the approximately 45 seconds worth of research that ‘assignment’ took.
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Thanks! I am glad to see this posted here, so thanks! This is good start but very short! I'm glad he addressed the propaganda a lot of us grew up with; which indeed was most proffered by Hitler & USSR against the USA "capitalist pigs". I'm sorta disappointed that Woods here in this brief explanation, does still associate the term capitalism with the idea of free markets. Capitalism is a term used for the means by which all people make a living-- anyone with a job is a capitalist. It is not a form of government or a form of market or a form of banking. There is capitalism; and then there are forms of government, and then there is banking; and then there are markets-- (these are separate things and the words for them are not synonymous). There are free markets and there are regulated markets. We are all capitalists suffering from the problems of corrupt people given sole authority over all the money with which power they have centralized banking & turned it into a government industry, which forces them to REGULATE the market to suit their own interests. May Luck Turn in our Favor and Right Soon! PEACE!
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The company I've co-founded, LocalSense, needs your vote. We're trying to win a contest for entrepreneurs, which will help us take a leap ahead in closing our first round of funding and getting to market ahead of schedule.
As you may already know, I've been hard at work building an incredible new product that empowers consumers by rewarding them for helping their friends save money. I've got big plans for helping out my friends here on Google+, but we've got to get there first.
Please vote for LocalSense in the 2012 Vator Splash competition, and help me spread the word if you're so inclined. The software we're building keeps track of how content is shared across networks, so we might just have a special reward for you. :)
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Vote for LocalSense in the competition: Vator Splash LA (June 2012)
Calling all entrepreneurs! Vator Splash is going back to LA for its second year. Like other Splash events and competitions, CEOs and/or founders of 10 companies, chosen by their p
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The company I've co-founded, LocalSense, needs your vote. We're trying to win a contest for entrepreneurs, which will help us take a leap ahead in closing our first round of funding and getting to market ahead of schedule.
As you may already know, I've been hard at work building an incredible new product that empowers consumers by rewarding them for helping their friends save money. I've got big plans for helping out my friends here on Google+, but we've got to get there first.
Please vote for LocalSense in the 2012 Vator Splash competition, and help me spread the word if you're so inclined. The software we're building keeps track of how content is shared across networks, so we might just have a special reward for you. :)
Attachments
Vote for LocalSense in the competition: Vator Splash LA (June 2012)
Calling all entrepreneurs! Vator Splash is going back to LA for its second year. Like other Splash events and competitions, CEOs and/or founders of 10 companies, chosen by their p
Replies are automatically detected from social media, including Twitter, Facebook, and Google+. To add a comment, include a direct link to this post in your message and it'll show up here within a few minutes.
The company I've co-founded, LocalSense, needs your vote. We're trying to win a contest for entrepreneurs, which will help us take a leap ahead in closing our first round of funding and getting to market ahead of schedule.
As you may already know, I've been hard at work building an incredible new product that empowers consumers by rewarding them for helping their friends save money. I've got big plans for helping out my friends here on Google+, but we've got to get there first.
Please vote for LocalSense in the 2012 Vator Splash competition, and help me spread the word if you're so inclined. The software we're building keeps track of how content is shared across networks, so we might just have a special reward for you. :)
Attachments
Vote for LocalSense in the competition: Vator Splash LA (June 2012)
Calling all entrepreneurs! Vator Splash is going back to LA for its second year. Like other Splash events and competitions, CEOs and/or founders of 10 companies, chosen by their p
Replies are automatically detected from social media, including Twitter, Facebook, and Google+. To add a comment, include a direct link to this post in your message and it'll show up here within a few minutes.
The company I've co-founded, LocalSense, needs your vote. We're trying to win a contest for entrepreneurs, which will help us take a leap ahead in closing our first round of funding and getting to market ahead of schedule.
As you may already know, I've been hard at work building an incredible new product that empowers consumers by rewarding them for helping their friends save money. I've got big plans for helping out my friends here on Google+, but we've got to get there first.
Please vote for LocalSense in the 2012 Vator Splash competition, and help me spread the word if you're so inclined. The software we're building keeps track of how content is shared across networks, so we might just have a special reward for you. :)
Attachments
Vote for LocalSense in the competition: Vator Splash LA (June 2012)
Calling all entrepreneurs! Vator Splash is going back to LA for its second year. Like other Splash events and competitions, CEOs and/or founders of 10 companies, chosen by their p
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Tomorrow I'm a new person. I'm going to wake up at 6:00, I'm going to go see Amber, and then I'm going to run an undetermined amount that is greater than 1 mile. I'm going to do ten pushups every hour at work, as well as ten crunches. I'm going to watch my diet, and not take seconds. I'm going to beat my ass into shape.
I'm going to start actively job hunting a little more, and I'm going to strive to save my money. I'm going to explode into studying, I'm going to start looking more seriously at my education options, and how I'm going to get to that point. I'm going to start looking at my potential.
I'm going to become a better listener, a better friend. I'm going to be more understanding, caring, and loving. I'm going to become a better lover.
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There's been a lot of active discussion about the state of AOL's directory project, DMOZ. There have been many attempts to unseat the directory project from its position as the most authoritative listing resource, such as the Yahoo Directory. Many of these attempts have fallen by the wayside, as Rand Fiskin points out, but none have remained more controversial than DMOZ. More recently, Chris Crum's post on WebProNews about his lack of respect for DMOZ has stirred up a hornet's nest of DMOZ criticism, including a particular post claiming DMOZ is a waste of time.
I forwarded a lot of this on to Philip Nicolcev, known by username as "frug", who is the editor of several roleplay-oriented categories on DMOZ. He responded to me directly with a highly insightful email, and I was fortunate enough to receive his permission to share its contents.
I've been editing the pbp category at DMOZ for what... 4 years now? About that. This article is a big whiny complaint which misses the mark. They are both correct and sadly mistaken.
Yes, dmoz is outdated and yes, it fails because of attitude problems, but not silly allegations of 'corruption' or people who are bitter because they didn't get listed. We don't list everything, I don't list even half of the submissions I get, and anyone who has been an administrator or an editor for a similar type of project knows better than to take these kinds of complaints seriously.
One thing they say is definitely correct: Apply once carefully following their rules if you wish and then, as Will suggested, forget about them.
This is exactly the approach that should be modeled for any directory, regardless of its state or condition. When you are submitting a link to a directory, you are being offered the privilege to be listed as a resource by the owners and management of that directory. They are not obligated to list your link, let alone review it in a timely fashion--but this would be genuinely appreciated and would reflect on the directory's position as a "good" resource.
DMOZ is the primary source for Google's Directory, and you must respect the opinion of such a large and successful company. It's obvious that the idea behind an open directory like DMOZ is good, but where they fail is in execution. More on that later.
He continues:
That is what you should do. Apply once and forget about it, don't claim anybody is corrupt because whether you believe my opinion or not, there's no corruption. Nobody cares enough about dmoz anymore for it to be valuable for extortion. Don't be ridiculous. Furthermore if you were to speak to some of the senior editors you'd discover that they are pretty damn uptight, even obsessive.
The problems with dmoz are, in my opinion, twofold. First off, you have the dated trashy look of the website which is a relic of the 1990's. It's not user friendly, it doesn't entice anyone to go browsing, and it hasn't adapted or added features that would help people understand the structure of the directory or find what they're looking for. The editor forums still use phpBB2, and you should see the editing panel. You wouldn't believe how dated this stuff is. Frankly it has needed an overhaul for years now.
I largely agree with him. The phpBB team deprecated the phpBB2 branch at the beginning of this year, ending support for the outdated platform. AOL would do well to do a complete overhaul of the site's design now that "Web 2.0" has come and gone (and I could reference posts all day on that) - and AOL has completely missed their opportunity to latch on and ride the wave.
Philip finishes his correspondance with the frightening truth that has been plaguing many post-Web2.0 sites and services:
The second problem, attitude, is partially the cause of the first problem. It's a stagnant atmosphere where nothing gets done and nobody gets listened to. They would rather leave a directory as a cluttered mess of garbage than risk breaking its structure by overhauling it. Fixing my category took me about two years before I had approval to restructure it, and I'm in a small niche category nobody pays much attention to. Since becoming an editor I have deleted about 60% of the outdated links listed. Had I not joined, they'd still be there cluttering things up with linkspam geocities pages from 10 years ago.
So yeah, dmoz is failing, but not because of corruption or because some guy didn't get what he wanted. And, honestly, if the author of this article was applying to dmoz just to 'test how fair it was' then I'm glad they rejected him. Somehow they made the right decision because he's wasting their time.
And that's the exact problem - the DMOZ community has completely stagnated, which has resulted in the puddle of goop that the directory has become. In my personal opinion, I think that AOL could do a lot better job at community management (all reputation management aside) by setting up a more rigid structure of responsibility. The editors need to be held responsible for a timely review specified by their superiors, and there needs to be cross-checking of the editor's work by other qualified editors.
Is this another example of AOL's purchases being mismanaged and ultimately being forgotten, such as what many people claim is the case with ex-Nullsoft product WinAmp? Perhaps, but I think that remains to be seen. After all, even our favored Google took a questionable amount of time to convert phone-consolidation service GrandCentral to the new Google Voice after its 2007 acquisition. DMOZ was in fact originally a Netscape project, which then-strong AOL acquired in 1998. Since that acquisition, little has changed.
All said and done, DMOZ needs some love if it's going to survive as anything more than a relic of trust and authority in the Web 2.0 bubble. As Philip points out, it has both good and bad traits and deserves further attention, but it needs to be attention in (and from) the right direction. The questions remain; where has AOL been? What can be done about the editors (or lack thereof)? How can DMOZ be improved?
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