Tag Archives | Midwest

The Bitcoin “Crisis” Explained and 5 Reasons it Can’t be Killed

BitcoinNear the end of last year, Bitcoin was being gobbled up at an unbelievable $1100 per coin. With a cursory glance, at today’s price ($500), you’d think that the Coca-Cola of cryptos is careening toward disaster. In order to understand why that’s not the case, you might need a quick recap on how we got to this juncture.

Via- Midwest Real

For Bitcoin, early 2014 was a PR nightmare. The crypto was constantly being linked to drugs and money laundering, most infamously in the case of The Silk Road. But, the most damning sequence of events was due to a known security vulnerability and good-old-fashioned ineptness. Enter Hurricane Gox. By February, major (but known to be sketchy) Bitcoin exchange Mt. Gox had been having problems for quite awhile. Because of that aforementioned security issue, Mt. Gox halted some of their user’s ability to withdraw Bitcoin while they fixed the hiccup.… Read the rest

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Prepping for Revolution and Awakening with Comedian and Disinfonaut Lee Camp

Via Midwest Real

“I seriously doubt there’s ever been a time like this because things weren’t global… We are in the middle of some exciting times, they’re dangerous times, but it’s really fucking exciting that this many people can wake up and alter the way they live.  We’re looking at the greatest potential that human kind has ever seen in terms of technology and awareness, yet we’re on a path that’s fully and wholeheartedly not living up to that potential.  The gap between our reality and our potential is enormous, which could mean great things.  It could mean a real global awakening in a way.” -Lee Camp

All comedy is not created equal.  Don’t get me wrong, I’m always ready for (and often partaking in) some cheap chuckles facilitated by potty humor, but I have a deeper appreciation for the type of biting satire and commentary that actually opens your mind, forcing you to think whilst giggling.Read the rest

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Five Corporation-Crushing Disruptive Technologies That Will Empower the Masses

disruptive tech headerEveryone knows we are at the mercy of huge corporations in multitude of ways.  Just look at Big Oil.  We are wildly dependent on them as not only individuals, but as a nation and a world.  Though Exxon stands atop the global economic podium, the technology sector isn’t far behind.  Apple made nearly as much in profits in 2012’s fourth quarter as Exxon (a ridiculous $8.2 billion).  Let’s bring that number down to Earth a bit.  Americans are spending an average of $444 per household per year on Apple products alone.  For further evidence, just look around your living room, or better yet, consider the origin of the screen you’re currently staring at.  Chances are, one swollen oligopoly or another made all the pieces of technology you’ve surveyed in the last few seconds.

However, chinks in the armor of these untouchable behemoths are beginning to take shape, leading some, like MIT’s Neil Gershenfeld to question the sustainability of today’s techno giants.… Read the rest

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