What does psychological research reveal about people's perception of money and value? What mental barriers do Bitcoin adoptees need to overcome to help others welcome the new paradigm? Stefan Molyneux, host of Freedomain Radio, brings the latest scientific insights into the psychology of money and value to bear on the challenges of evangelizing Bitcoin to the masses!
Nowhere is this more apparent than in accounts of the global financial crisis. The official history portrayed the US Federal Reserve, the European Central Bank, and other major central banks as embracing coordinated action to rescue the global financial system from disaster. But recently published transcripts of 2008 meetings of the Federal Open Market Committee, the Fed’s main decision-making body, reveal that the Fed has effectively emerged from the crisis as the world’s central bank, while continuing to serve primarily American interests .
After being out of print for 14 months, Newsweek wanted its return to the newsstands to land with a splash. So it put out an issue with a darkened cover featuring a theatrical silver mask, and made an explosive claim: It had uncovered the mysterious founder of the digital currency Bitcoin.
Los Angeles County sheriff's deputies say that a Newsweek reporter's story exposing what the magazine claims is the founder of Bitcoin did quote them and the man featured in the article accurately, a spokesman said.
I've developed a new open source P2P e-cash system called Bitcoin. It's completely decentralized, with no central server or trusted parties, because everything is based on crypto proof instead of trust. Give it a try, or take a look at the screenshots and design paper:
Newsweek has published a story purporting to have uncovered the real identity of Satoshi Nakamoto, the enigmatic creator of cryptocurrency Bitcoin. A trail of investigation reportedly led to "a 64-year-old Japanese-American man whose name really is Satoshi Nakamoto," and who has "a career shrouded in secrecy, having done classified work for major corporations and the US military." Nakamoto is said to live in southern California and to have kept his work on Bitcoin secret even from his family.
The courts in Japan, where Mt. Gox is based, may not recognize bitcoin as a currency, meaning they’re unlikely to catalog customer assets at anywhere close to full value. And even if they did, it may be difficult for anyone to retrieve even a fraction of what they had in the exchange. The bankruptcy systems here in the real world just aren’t prepared to deal with bitcoin.
At the Texas Bitcoin Conference in March 2014 Andreas Antonopolous was asked if he ever worries about a nation state using billions of dollars to destroy bitcoin. Andreas' answer is informative, reassuring, and funny!
PRINCETON – Balzac’s great novel Lost Illusions ends with an exposition of the difference between “official history,” which is “all lies,” and “secret history” – that is, the real story. It used to be possible to obscure history’s scandalous truths for a long time – even forever. Not anymore.
“Follow the money,” the Watergate informant Deep Throat supposedly advised Washington Post reporter Bob Woodward in a dark parking garage.
Back in the 1970s, they were following money you could find, such as cash and checks. Today, it’s a bit harder to track because of Bitcoin, the virtual currency favored by libertarians and people who don’t want anyone to follow their money.
Creative ways for people to purchase cars they can't afford have been on my radar screen for some time now, and if you recall, I posted an article last April titled: Just Keep Dancing: Introducing the 97-Month Auto Loan.
What are we to make of this sudden rash of banker suicides? Does this trail of dead bankers lead somewhere? Or could it be just a coincidence that so many bankers have died in such close proximity? I will be perfectly honest and admit that I do not know what is going on. But there are some common themes that seem to link at least some of these deaths together. First of all, most of these men were in good health and in their prime working years. Secondly, most of these "suicides" seem to have come out of nowhere and were a total surprise to their families. Thirdly, three of the dead bankers worked for JP Morgan. Fourthly, several of these individuals were either involved in foreign exchange trading or the trading of derivatives in some way. So when "a foreign exchange trader" jumped to his death from the top of JP Morgan's Hong Kong headquarters this morning, that definitely raised my eyebrows. These dead bankers are starting to pile up, and something definitely stinks about this whole thing.