Submitted by Michael Krieger of Liberty Blitzkrieg.
Of all the solutions Huxley focuses on in Brave New World Revisited, from proper education, to a simple acknowledgment of humanity as a moderately gregarious animal not prone to over-organization; the most profound, and I think useful recommendation, is for us to decentralize. This has been a theme of mine and many other writers for some time now. Fortunately, through things like 3D-Printing, Bitcoin and other decentralized crypto-currencies, open source software, crowd funding, social media, etc, the world is moving from centralization to radical decentralization. People will be more connected than ever, but power will be more decentralized. We need to continue to push rapidly in this direction and a whole new incredible world will emerge. Indeed, it is being born as I write this…
Read the my entire review of the novel here.
Patrick Byrne enabled bitcoin purchases on Overstock.com earlier than planned as he wanted first mover advantage. It turned out to increase sales far more than he had expected.
And here is what they bought:
Bitcoin price is back up over $1000.
We’ll be interviewing Patrick in February.
We discuss the word ‘because,’ the humble conjunction which “exploded with new grammatical possibilities” in 2013. So the news that the FBI and Department of Justice have ‘lost faith in the value of bitcoin,’ because concern trolling. And the news that the FBI has stopped enforcing the law and is, instead, ‘protecting national security,’ because MPAA. In the second half, Max interviews Kim Dotcom about Chris Dodd, the MPAA, Hollywood’s failed business model and an encrypted internet and crypto-currencies.
Tagged with: acta
, chris dodd
By SD Contributor AGXIIK: The coming move and mania in silver will be breathtaking and will resemble the Tulip & recent Bitcoin manias.
Silver might take 10 months to peak and 2 months or less to retrace much of its price increase. It might be a $100 billion market in the US.
The market will be completely overrun and choked with silver, yielding an inventory that might not bleed off for years. The price rise will be fast; the drop will be fast was well. That’s the way this always happens when smart money gets in first and dumb money comes in last.
Getting out at that inflection point will be a doozy; the ride heady. Nearly everyone will be sucked in with dreams of becoming silver millionaires. Those who bought at $30-40 will be vindicated.
The price rise will be a Rhino Horn in shape. When the price increase hits about 80 degrees from the horizontal axis, the peak will be reached in short order. It will look a bit like the national debt chart of the last 60 years. Parabolic and then some.
The price peak will be reached. Check your heart at the door as the euphoria will be intoxicating and dangerous for your financial health.
Click here for more on the coming blow-off mania in silver:
We discuss whether or not 2014 will be one of economic and financial fallout from the 2013 Year of Bitcoin and Snowden. They look at Paul Krugman’s claim that Bitcoin is evil because it’s not backed by men with guns and the latest in the financial fallout from Snowden’s NSA revelations in terms of contractual demands that data never enter the US. In the second half, Max interviews Barb Jacobson of basicincome2013.eu about the European Citizens Initiative for Unconditional Basic Income. Max compares it to the basic income provided to bankers through policies like quantitative easing.
Stacy Summary: Here’s a long piece at Motherboard talking about the shortage of women in Bitcoin. As I appear to be one of the only few, indeed, the only female speaker at the recent Bitcoin London event, I’m quoted extensively here. Enjoy!
Bitcoin Needs Women
The prevalence of comments claiming Bitcoin was a con or a Ponzi scheme didn’t help, she said. “I imagine these shrieks kept many women from participating early as, again, I think we’re more practical than men are and aren’t as willing to part with our fiat savings to get involved with something being dubbed ‘shitcoin,’” she suggested.
OMG! It’s SHITCOIN!
We discuss factory-farmed citizen consumers who live in mom’s basement, dragging the economy down with them. They also discuss the monoculture of housing bubbles and high interest rate loans in the workplace. In the second half, Max interviews Bill Still about his conversion to crypto-currencies and what role of the NSA spying scandal played in his decision.