Post Tagged with: "Bitcoin"

Bitcoin, Innovation of Money that Can End the War on Human Nature

Bitcoin, Innovation of Money that Can End the War on Human Nature

A decade since the global financial meltdown, social and economic decay continues with regional conflicts creating tension around the world. The panic of 08 unraveled the demise of Western liberal democracy, a model of governance managed through control of the markets. The global crisis of legitimacy brought by the breakdown of the system exposed the forces that defined the contemporary[Read More…]

by August 1, 2018 World
Bitcoin, Innovation of Money And Reinventing Activism

Bitcoin, Innovation of Money And Reinventing Activism

Bitcoin’s price explosion made news headlines this last year. Topics of digital assets entered onto dinner tables and friendly chats at work places. Fever of the digital gold rush that has swept mainstream finance became contagious. Institutional funds are now entering into cryptos, seemingly hedging their bets with their “sugar high” bubble economy. Jamie Dimon, the JPMorgan CEO who previously[Read More…]

by January 26, 2018 World
Bitcoin Has An Energy Problem That Solar Power Can’t Fix

Bitcoin Has An Energy Problem That Solar Power Can’t Fix

  Bitcoin mining – the mechanism of creating Bitcoins and approving transactions on the blockchain – consumes prodigious amounts of electricity due to the use of a ‘Proof of Work’ cryptographic algorithm. While some Bitcoin is mined using clean energy (hydropower and geothermal energy, mainly) most Bitcoin is mined using coal, because coal power is both ubiquitous and cheap. Unfortunately,[Read More…]

by December 17, 2017 Counter Solutions
Bitcoin, Blockchain, And Local Currencies

Bitcoin, Blockchain, And Local Currencies

The Seven Social Sins of the World: Wealth without work Pleasure without conscience Knowledge without character Commerce without morality Science without humanity Worship without sacrifice Politics without principle — given by Mohandas Gandhi to his grandson Arun shortly before his assassination BITCOIN AND BLOCKCHAIN The world is on fire lately with the exponential growth of Bitcoin and other electronic cryptocurrencies. While[Read More…]

by December 16, 2017 Counter Solutions
Bitcoin Frenzy: The Fever Chart Of A Deepening Crisis

Bitcoin Frenzy: The Fever Chart Of A Deepening Crisis

According to the official scenario, the world economy is enjoying its best period of growth since the global financial crisis of 2008-2009, which ushered in the worst recession since the Great Depression of the 1930s. According to a report issued by the Organisation for Economic Cooperation and Development last month: “The global economy is now growing at its fastest pace[Read More…]

by December 13, 2017 World
Hopes And Nightmares Over Crypto Currencies

Hopes And Nightmares Over Crypto Currencies

The crystal ball gazers, astrologers and tea leave readers have been suffering a lingering fever of late.  Bitcoin recently romped through the $10,000 barrier, an event that sent speculators swooning and conservative voices into a gloomy mood of pessimism.  Bitt founder and director Gabriel Abed was rushing to declare the imminent funeral oration for cash, a newly founded digital frontier[Read More…]

by December 5, 2017 World