economic crisis | Rex Silentium

The Economist Asks: Will Bitcoin’s Blockchain Change The World?

By innovate | November 4, 2015 by innovate

Legendary news publication “The Economist” has seen fit to not only acknowledge the innovations of Blockchain’s technology but produce a feature story on it for the current October 31 weekly edition. The cover story’s title is called, “The trust machine – How the technology behind bitcoin could change the world.” Here we go over some excerpts and the basic tenor of the piece. The Economist is one of the Western world’s oldest and most trusted…

Preppers should know how to recognize dangerous people – Baltimore prepper | Examiner.com

By innovate | May 15, 2015 by innovate

There are sociopaths who have decided to feed off of others’ productive efforts. They feel that they do not need to prepare for future disasters because, with their guns, they will just take what they need to survive. This article discusses how to quickly recognize and avoid such dangerous people who may have a strong potential for violence and crime. This article will give some specific clues to consider, but one of the best ways…

How Can We Make Bitcoin Mainstream?

By innovate | November 12, 2014 by innovate

Bitcoin now has PayPal integration and dedicated global banking to go along with its natty logo. Regulators are taking notice of it, and noted retailers are accepting it. If you think bitcoin is mainstream, though, think again. According to an analysis earlier this year, there were only 1.2 million bitcoin addresses holding anything other than dust as of February. Even its advocates admit that it has a long way to go. Curtis Fenimore’s attempt to…

Rich Survivalists are Buying Fancy Condos in Old Nuclear Silos – Doomsday Prepper Porn

By innovate | November 10, 2014 by innovate

Kudos to developer Larry Hall for finding an inventive way to sell $3M luxury condos he built in a stretch of desert near Concordia, Kansas. His trick? Siting them in decommissioned missile silos strong enough to survive a nuclear attack. As the Wall Street Journalreports, Hall has not only done enough prep work for doomsday-minded Americans with money to burn—outfitting the facility with a hydroponic vegetable garden, “sophisticated water and air-treatment facilities, state-of-the-art computer network…

‘Bitcoin is Better than Currency’ – Bill Gates

By innovate | October 9, 2014 by innovate

When Bill Gates introduced the Windows® operating system it changed how we use computers forever and made Gates one of the wealthiest men on the planet. But it was also Gate’s unique business model that made Microsoft the powerhouse that it is today. Instead of hiring programmers to write his code he chose mathematicians, physicists and other scientists under the theory that if they were that smart computer programming would be a piece of cake.…

COTE: Why do liberals mock preppers?

By innovate | September 18, 2014 by innovate

Every so often there is a natural disaster, terrorist incident, or major crisis that throws parts of the country into temporary chaos. Many times everything people own is wiped out as was the case with Hurricane Katrina, Super-storm Sandy, and the Joplin tornado. When these things happen, you see society at its worst with looting, violence, and mass chaos. Given Americans’ history of rioting over small things like Black Friday sales and sporting events, it…

Survivalism: The stark ideology that may have led to killing of a Pennsylvania state trooper

By innovate | September 18, 2014 by innovate

The man alleged to have shot two Pennsylvania police officers on Sept. 12 stalked them on a cool night under a gibbous moon. He hid in woods at the edge of game lands in rural Blooming Grove, Pa. And, at around 10:50 p.m., he fired, killing one man and seriously wounding another. Eric Matthew Frein, 31, of Canadensis, Pa., has been charged with this inexplicable crime. But state police said he has a philosophy: survivalism. What is…

The Bank Of England Just Said It Thinks Bitcoin Could Be Huge

By innovate | September 11, 2014 by innovate

The Bank of England has devoted two papers to the rise of digital currencies. It’s another demonstration of Bitcoin’s transformation from niche cyber-libertarian intrigue to a subject of mainstream interest. More significantly, the Bank suggests that the key innovation is not the digital currency itself — which is subject to wild fluctuations — but the “distributed ledger,” which tracks Bitcoin transactions. That ledger has the potential to revolutionize the financial system, the bank argues. Although…

Obama’s Former Chief Economist Calls For An End To US Dollar Reserve Status

By innovate | September 8, 2014 by innovate

There are few truisms about the world economy, but for decades, one has been the role of the United States dollar as the world’s reserve currency. It’s a core principle of American economic policy. After all, who wouldn’t want their currency to be the one that foreign banks and governments want to hold in reserve?But new research reveals that what was once a privilege is now a burden, undermining job growth, pumping up budget and…

DigitalTangible Launches Crypto 2.0-Powered Gold and Bitcoin Market

By innovate | September 4, 2014 by innovate

DigitalTangible has announced the formal launch of its crypto 2.0-powered, decentralized marketplace for gold and bitcoin traders.While existing services allow bitcoin users to buy gold with bitcoin, DigitalTangible offers a novel innovation for the market, using an underlying crypto 2.0 protocol that issues tokens representing physical gold and attaches them to bitcoin addresses, thereby allowing traders to seamlessly move between bitcoin and gold. DigitalTangible counts two of the more visible gold-buying services that cater to…