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Archive for the ‘bitcoin’ category: Page 83

Dec 10, 2013

Futuretronium Book

Posted by in categories: bionic, bitcoin, business, complex systems, cyborgs, economics, education, energy, engineering, ethics, existential risks, finance, futurism, genetics, geopolitics, government, information science, nanotechnology, neuroscience, philosophy, physics, policy, posthumanism, science, security, singularity, supercomputing, sustainability, transhumanism, transportation

This is an excerpt from, “Futuretronium Book” by Mr. Andres Agostini, that discusses some management theories and practices with the future-ready perspective. To read the entire piece, just click the link at the end of article:

“…#1 Futuretronium ® and the administration and application of the scientific method without innuendos and in crescendo as fluid points of inflections ascertain that the morrow is a thing of the past…”

ADVERSARIAL
”…#2 Futuretronium ®, subsequently, there is now and here available the unabridged, authoritative eclictation and elucidation of actionable knowledge from and for the incessantly arrhythmic, abrupt, antagonistic, mordant, caustic, and anarchistic future, as well as the contentious interrelationship between such future and the present…”

“…#3 Futuretronium ®, a radical yet rigorous strong-sense and critico-creative «Futures Thinking», systems approach to quintessential understanding of the complexities, subtleties, and intricacies, as well as the opportunities to be exploited out of the driving forces instilling and inflicting perpetual change into twenty-first century…”

Read the full book at http://lnkd.in/ZxV3Sz to further explore these topics and experience future-ready management practices and theories.

Dec 10, 2013

JPMorgan Chase Building Bitcoin-Killer

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

By BRIAN COHEN

Thanksgiving day, while many of us were eating turkey, The United States Patent and Trademark Office (USPTO) published JPMorgan Chase’s (Chase) patent application 20130317984, “Method and system for processing internet payments using the electronic funds transfer network.” The application was filed with the USPTO on August 5th, 2013.

Without mentioning Bitcoin or cryptocurrencies at all for that matter, Chase appears to be building a competing centralized network to Bitcoin. The application defines the problems that legacy banking has with online transactions and then provides a detailed explanation how Chase will address these problems with this new technology. The application states that Chase’s technology is a “new paradigm.” Moreover that it permits the creation of “virtual cash” (also referred to as “web cash”) with a “real-time digital exchange of value.”

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Dec 10, 2013

PayPal president David Marcus: Bitcoin is good, NFC is bad

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

The leader of the payments business looks to the future and says Bitcoin is a good idea — but not yet actually a currency. Tap-to-pay, meanwhile, is a dud.

PayPal President David Marcus at LeWeb

PARIS — Online payments will look completely different in the next decade, and Bitcoin has a better chance at revolutionizing commerce than the NFC tap-to-pay technology, PayPal President David Marcus predicted Tuesday.

“I really like Bitcoin. I own bitcoins,” Marcus said at the LeWeb conference here. However, he believes people today don’t correctly understand what bitcoins actually are, and he’s not yet ready to let people link their bitcoin wallets with their PayPal accounts.

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Dec 5, 2013

First Tesla Model S Purchased With Bitcoin

Posted by in categories: bitcoin, business, transportation

Tesla Model S purchased with Bitcoins from Lamborghini Newport Beach

If you’re not familiar with Bitcoin, you might want to change that. The electronic cryptocurrency is rapidly gaining acceptance around the globe, with many businesses–and even one university–accepting Bitcoins as readily as dollars. Now, a Tesla Model S has been purchased directly with Bitcoin.

The car, sold for an undisclosed sum of Bitcoin by Lamborghini Newport Beach in Costa Mesa, California, appears to have been a lightly used model, if only because it wasn’t sold directly by Tesla Motors [NSDQ:TSLA].

ALSO SEE: 2015 Ford Mustang Preview: Official Photos And Video

Continue reading “First Tesla Model S Purchased With Bitcoin” »

Dec 5, 2013

Kentucky police chief to be paid in Bitcoin

Posted by in categories: bitcoin, economics
December 4, 2013

Vicco, Ky., is about as small town as it gets, with a population that hovers around 330 people. That does not appear to have kept its residents, namely Police Chief Tony Vaughn, in the dark when it comes to Internet trends and emerging crypto-currencies.

The city commission on Monday approved a measure that would allow Vaughn to receive his salary entirely in Bitcoin, an alleged first in the US and yet another story bolstering the reputation of the unregulated virtual currency as a payment method that will one day, supporters hope, stabilize and become commonplace.

Vaughn’s pay, still set in US dollars, will receive standard federal and state deductions, the Hazard Herald reports, before being converted into Bitcoin based on current trading values at the time of pay and deposited into an account held by Vicco. The Bitcoins will then be transferred to Vaughn’s personal account. The city expects to be able to pay Vaughn this way as early as this month.

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Dec 4, 2013

Virgin’s space passengers can pay with Bitcoin

Posted by in categories: bitcoin, fun, space, transportation

richard branson virgin galactic

Good news, future space travelers: Now you can enter the void without bringing your wallet.

U.K. business magnate Richard Branson announced Friday that his commercial space travel venture, Virgin Galactic, will allow customers to pay for their flights with the digital currency Bitcoin.

“Virgin Galactic is a company looking into the future, so is Bitcoin. So it makes sense we would offer Bitcoin as a way to pay for your journey to space.” Branson wrote in a blog post.

Continue reading “Virgin's space passengers can pay with Bitcoin” »

Dec 2, 2013

The secret Hong Kong facility that uses boiling goo to mine Bitcoins

Posted by in categories: bitcoin, economics, engineering

By Rich McCormick on

http://cdn1.sbnation.com/entry_photo_images/9508155/bitcoin9_large_verge_medium_landscape.jpg

A single bitcoin is now worth over $1,000, but the process of mining for the digital currency — in which people devote computing power to facilitate global Bitcoin transactions and secure the currency’s network — is growing increasingly expensive. Serious miners have started to build dedicated facilities for the sole purpose of Bitcoin mining. Journalist Xiaogang Cao visited one such center in Hong Kong, the “secret mining facility” of ASICMINER, reportedly located in a Kwai Chung industrial building.

The mine is the size of a shipping container, and filled with 1-meter-high glass tanks in which banks of blades are immersed in roiling liquid. Each tank can hold 92 blades; the blades themselves are kept at a temperature of 37 degrees Celsius or below by “open bath immersion” technology. Open bath immersion cools computer components by submersing them in liquid with a particularly low boiling point. The heat the components generate mining for coins boils the liquid, causing it to turn gaseous, rise up to a condenser at the top of the tank, and fall once again, removing heat from the components in the process. The ASICMINER open bath immersion system was reportedly built by Hong Kong-based company Allied Control, and operates at a Power Usage Effectiveness of 1.02, which “would make it one of the most efficient designs in the world.”

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Dec 2, 2013

China’s Largest Bitcoin Exchange Seeks Recognition for Currency

Posted by in categories: bitcoin, business, economics, finance, geopolitics, human trajectories, policy

BTC China, the nation’s largest Bitcoin exchange, has had low-level discussions with regulators seeking recognition of the digital currency that would allow it to be used to buy goods and services in the country.

The company has sought to discuss Bitcoin regulations with officials from agencies including the People’s Bank of China, the China Banking Regulatory Commission and the China Securities Regulatory Commission, BTC China Chief Executive Officer Bobby Lee said in a Nov. 29 interview in Shanghai. It’s not yet been able to arrange any high-level meetings, he said.

“They’ll ask us ‘how should you be regulated,’ and I’ll say ‘Hey, here’s what we’ve done proactively and here’s how we think you should regulate us,’” Lee said of the Shanghai-based company’s talks with regulators. Bitcoin is “not on the black list and it’s not on the white list. It’s in the gray area.”

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Dec 1, 2013

A College Kid Made Over $24,000 Yesterday Just By Waving This Sign On ESPN

Posted by in category: bitcoin

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A college student quickly made over $24,000 just by waving this sign on TV.

Here’s the deal: Yesterday on ESPN’s “College GameDay” (an ESPN college football show that’s filmed at a different college campus each week) some student held the above sign that has both the Bitcoin logo and a QR code.

A QR code is a visual representation of any kind of information (frequently a URL for a website). In this case, the code represented a Bitcoin wallet.

On Reddit, Bitcoin fans managed to enhance the QR code from the screen in order to identify his wallet, so that people could donate money to him.

Nov 30, 2013

Supermanagement!

Posted by in categories: bitcoin, business, complex systems, economics, education, engineering, ethics, existential risks, finance, futurism, geopolitics, information science, physics, robotics/AI, science, singularity, sustainability, transparency

Supermanagement! by Mr. Andres Agostini (Excerpt)

DEEPEST

“…What distinguishes our age from every other is not the world-flattening impact of communications, not the economic ascendance of China and India, not the degradation of our climate, and not the resurgence of ancient religious animosities. Rather, it is a frantically accelerating pace of change…”


Read the entire piece at http://lnkd.in/bYP2nDC

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