Bitcoins have been called a "crypto-currency," the online equivalent of a brown paper bag of cash. Bitcoins are a peer-to-peer currency, not issued by banks or governments, but created and regulated by a network of other bitcoin holders’ computers. (The name "Bitcoin" is derived from the pioneering file-sharing technology Bittorrent.) They are purportedly untraceable and [...]
via The People vs. Goldman Sachs | Rolling Stone Politics.
Current cash is worth more than Nokia, RIM and Motorola Mobility’s market caps, put together. Apple’s cash is worth half of Google’s enterprise value. via If Cash is King, Apple’s is an Emperor [Updated] | asymco.
The last bubble burst really hit the people hard. And this time, because its had more time to inflate and because its built around user generated content, the failures will have a wider impact, again on people, and on the web. via Scripting News: Is it a bubble? It matters if we think it [...]
Marco.org – Why the Quick Bar (“dickbar”) is still so offensive.
The science behind Jimmy's appeal VISIT LINK: Wikipedia: How could such dating site-style ad with a gory close-up possibly work as an appeal for funds? (tags: ads advertising banner campaign data fundraising money marketing JimmyWales internet infographics infographic performance visualization wikipedia datavisualization …)
The Giving Pledge is an effort to invite the wealthiest individuals and families in America to commit to giving the majority of their wealth to philanthropy. VISIT LINK: The Giving Pledge – 40 billionaires vow to donate half their wealth (tags: charity economics design economy information inspiration money people philanthropy politics social teaching bill_gates buffet [...]
Apple's stock is at an all time high. How much would you have today if you purchased stock instead of an Apple product? VISIT LINK: Should I have bought Apple stock instead of an Apple product? (tags: apple business calculator comparison computers cool data economics finance fun funny humor ipod interesting lifehack list market mac [...]
A hedge fund, Magnetar, helped create arcane mortgage-based instruments, pushed for risky things to go inside them and then bet against the investments.<br /> And make sure to listen to the full story (free streaming) on This American Life: http://www.thisamericanlife.org/radio-archives/episode/405/inside-job VISIT LINK: Magnetar: How One Hedge Fund Helped Keep the Bubble Going (tags: Magnetar ThisAmericanLife [...]
The Credit Card Prank: Who checks the signature? "Nobody checks the signature. Credit card signatures are a useless mechanism designed to make you feel safe, like airport security checks. So my question was, how crazy would I have to make my signature before someone would actually notice?" (tags: fun funny humor security article interesting humour [...]
You should probably buy a shredder today "The Torn-Up Credit Card Application – I get a heck of a lot of credit card applications in the mail. I almost always tear credit card applications in half and throw them away. Is that good enough? Could a determined and dexterous criminal gather all the bits, tape [...]
The Billion Dollar Gram Billions spent on this. Billions spent on that. It's all relative right? (tags: design business inspiration graphics image politics interesting graphicdesign statistics map visualization information war money economics data usa crisis economy color iraq dollar infographics graph chart visualisation billion infographic billions …)
Kickstarter Launches Kickstarter aims to let creative people of all kinds — journalists, artists, musicians, game developers, entrepreneurs, bloggers — raise money for their projects by connecting directly with fans, who receive exclusive access and rewards in exchange for their patronage. The model is simple: a project creator sets a fundraising goal, deadline, and an [...]
Russia: Crisis? What Crisis? BusinessWeek article. "63 percent of the Russian people earning less than 15,000 rubles (430 euros) per month and 30 percent getting just 5,000 to 6,000 rubles per month" (tags: russia russian russie crisis money finances propaganda article toread …)