Ripple and Fidor Bank
The news that Fidor bank out of Germany is now using ripple internally is actually quite incredible. Fidor is The bank Kraken uses for their euro deposits. Hopefully kraken can… Continue Reading
economics, government, philosophy
The Failure of Central Planning
Capitalism can be seen as mirroring a naturally occurring process. It is no more imposed on society than the theory of relativity is imposed on physical reality. Without any given… Continue Reading
The IMF Money Salvo to Start a Hot War
Economic violence begets physical violence. The G-7 shareholders of the IMF ((http://www.bus.indiana.edu/riharbau/RePEc/iuk/wpaper/bepp2004-06-fratianni-pattison.pdf)) control it directly regarding the issues they care most about, and for less important peripheral issues it’s just… Continue Reading
Post-state
Capitalism doesn’t die if it doesn’t keep growing. Why do people insist that?? However, countries die when their governments play accounting shenanigans with their monetary system to cover up capital… Continue Reading
Cryptsy Going Gox
I have reluctantly been using Cryptsy for trading coins since last November. Last month I was spooked off it after some whispers of internal problems and potential insolvency a la… Continue Reading
The Winklevoss ETF Could Be Interesting
The notorious twins’ new fund ((http://www.investopedia.com/articles/investing/041114/why-winklevoss-twins-new-bitcoin-etf-matters.asp)) is slated for approval from the Securities and Exchange Commission by the end of 2014, and it’s something to keep an eye on regardless… Continue Reading