Today, the European Parliament ordered new legislation to regulate credit card companies’ ability to refuse service. This regulation follows the unilateral and rightless cutoff…
Read MoreSwarm Economy
PC Gaming is a Donor-Supported Industry with the Pretense of Selling a Product
In today’s world, everything digital can, and will, be made available free. They’re non-scarce goods. One industry has reacted to this new reality by…
Read MoreA Dystopian Future Is Not Inevitable
As the unemployment crises of developed nations persist, there’s a growing sentiment that technology is to blame. It’s not just a neo-Luddite backlash against…
Read MoreDays Of Reckoning Fast Approaching For Banks
First, the distribution monopoly of the Postal Services was hit hard by the Net as people discovered they didn’t need to buy stamps. Then,…
Read MoreBitcoin's Deflationary Economy Not A Problem In Itself
When discussing the distributed cryptocurrency Bitcoin, I frequently get the question from reporters and economists if a deflationary currency really can survive. It’s an…
Read MoreDebugging the Profit Motive: Part Three — Pressure
A banker offers you a loan so that you can buy a house located near your cushy new job. You sign, comfortable that your…
Read MoreDebugging the Profit Motive: Part Two — Shiny Gold Coins
Zacqary Adam Green. A man in a big house on a hill asks you to tend his garden. In return, he’ll give you a…
Read MoreBitcoin's Four Drivers: Part 4 – Investment
The fourth and final immediate driver for Bitcoin is the investment sector. There has been no investment instrument anywhere like Bitcoin in the past…
Read MoreDebugging the Profit Motive: Part One — Bad Behavior
Zacqary Adam Green. A salesman sells you a tube of toothpaste, claiming it will make your teeth whiter than they’ve ever been in just…
Read MoreBitcoin's Four Drivers: Part 3 – Merchant Trade
Are you aware of how much of your money each month goes to Visa and MasterCard? Odds are you’re not. For me, it’s about…
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