The Power of The Blockchain: Future Developments and Applications

Talent hits a target others can't hit, Genius hits a target others can't see. - Arthur Schopenhauer The sentiment surrounding Bitcoin has transformed. It has gone from being known as the anonymous payment mechanism to facilitate illegal transactions, to a speculative digital bubble with no intrinsic value, to what industry leaders are now calling the…

Bitcoin: The Digital Denominator

ipfs:QmeUdjeZv9Gkmxsj6mFEqW8bZk9UMwLcbrvpViajMdBnkV Abstract The ability to transfer and hold value is intrinsic to human nature. The classic gold standard established a common denominator for countries to participate in international trade, investment, and finance. After World War II, the Bretton Woods monetary system reformed the gold standard and made the United States dollar the centerpiece of the…

Digital Drive

This is all just pulp tech talk. Next post is on Large Scale Solar Bitcoin Mining and Cooling Systems Does technology create disruption or revolution? Creative destruction is brought about through the aggregation of specialized knowledge in unison. A creative combination of: People Money Technology Sharing similar interest and vision in: Social Entrepreneurship- problem tackler…

10 Reasons why Bitcoin will hit $1,000,000

International trade and competition is about mutual benefit exchange, but monopolization leads to profit. The globalization of digital currency will empower the unbanked in developing countries in a way that has never been possible before. Blockchain based decentralized networks will be laughed at, then strongly opposed, then serve as self evident. Bitcoin is just the…

Programmable Currency

Third Party software applications that drive global user adoption are essential to the future of bitcoin. Applications that remove friction in financial transactions at the enterprise level is where the true intrinsic value in bitcoin is. Bitcoin is often looked at as an anonymous, volatile, investment vehicle for speculators when in fact it is THE…

How to setup a Bitcoin Miner

Raspberry Pi + Raspian on SD Card + WiFi + cgminer + powered hubs + ASIC Miners + (SOLAR ENERGY) First things first you are going to need to buy the essentials to make a raspberry pi computer. This is a ARM computer board that operates on Linux. The following is hardware you will need…

Bitcoin Mining

Bitcoin Mining There are a few factors that affect the ability for one to mine bitcoins. It can seem like a rather confusing concept. It is. Here is the computer scientist version on how to "Selfish-Mine" Bitcoin. This is my general explanation on how to mine Bitcoin. It comes down to a few things: computer…

How to Flip Bitcoins

This is the easiest way to flip Bitcoins using an online exchange. *Please note this is not a lesson in economics. Obviously if you buy low and sell high you will profit. This is solely in the interest of those looking for the most efficient and effective online exchange medium for turning USD --> BTC…

BIT TIPS

BIT TIPS You can now SEND TIPS TO PEOPLE in BITCOIN on REDDIT comments!!!! Coinbase is leading the pack! You can download the extension for your Chrome browser here    

Bitcoin Market Price Soars! Time to BUY or SELL?

UPDATE(12:30 PM 11.4.13) Price of Bitcoin has gone up to 233 USD on Coinbase and 230 on Mt.Gox. Interesting, there usually is about a 10% price difference between the two exchanges. So once again the question is: Is the price of Bitcoin going to keep going up and exceed 250, 300 USD?? UPDATE (8:30 AM…